Edited by Peter Hillerberg1 min readStories are generated from ORTEX data and reviewed by the ORTEX team. How we publish
The week's most important number came from the US jobs data. Nonfarm payrolls reached 159,044 thousand in September 2026, an all-time series high. Average hourly earnings also hit a record at $37.81. That backdrop keeps consumer spending intact as corporate America begins reporting third-quarter results.
Constellation Brands reported Q2 2027 results today. PepsiCo follows tomorrow before the open. Pepsi is the first real read on consumer staples demand. Delta Air Lines reports Q3 on Thursday. Then Friday brings the big banks: JPMorgan Chase, , and all report in quick succession. Bank results will set the tone for the rest of October.
Semiconductor stocks are drawing the most attention from both options traders and analysts. Micron topped the S&P 500 for positive options bets over the past seven days. NVIDIA and AMD also ranked in the top five. Marvell saw the sharpest analyst target lift, with the consensus moving to $311.97. All 55 analysts covering Microsoft rate it a buy, with the target rising to $587.63.
Bears added to positions in Talen Energy, with short interest jumping from 6.4% to 11.5% of free float in one week. That looks like a direct fade of the AI-driven nuclear power trade. Chewy also saw fresh shorting, with SI rising to 69.8% of free float despite a 12% price drop over three months.
European petrol car registrations fell to 5,821 vehicles in September 2026, the lowest on record since 2016, according to ORTEX alt data. Diesel registrations also fell for a third straight month. The shift away from combustion-engine vehicles in Europe continues to accelerate.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data and reviewed by the ORTEX team. Content is informational only and does not constitute investment advice.
