The Trump administration is paying two more offshore wind operators — including TTE and ENGI — to surrender their US lease rights. The policy shift reinforces a clear tilt away from renewables. Goldman Sachs separately warned oil could hit $120 a barrel if Middle East tensions drag on. The bank raised its base-case Brent target to $90 for Q4. Defence stocks gave back recent gains as investors sold into the rally. Production bottlenecks and uncertainty over US munitions spending weighed on weapons-maker valuations.
Wednesday is the centrepiece. Microsoft, Alphabet, Amazon, and Qualcomm all report mid-week. Before that, , , and hit Tuesday. Options traders are leaning heavily bullish into these catalysts. , , and all saw 100% positive options flow in the past seven days.
Short sellers are targeting mid-caps, not meme stocks. NuScale Power hit 22.0% SI % FF — up nearly 5 points in a week. Oklo climbed to 21.0%. Bears are betting against the nuclear revival trade. Figma reached 23.6% SI % FF. UiPath hit 26.0%. Vail Resorts saw the biggest weekly jump — up 5.5 points to 21.9%.
In Europe, Nokia and L'Oréal shares soared on earnings beats. Meanwhile, Sweden's Getinge saw its Vice Chairman buy 500,000 shares worth $10.5M — a rare senior-level vote of confidence.
ORTEX Market Intelligence content is generated by AI from a snapshot of ORTEX's proprietary data. Content is informational only and does not constitute investment advice.
