This is the biggest earnings week of the year. Microsoft, Alphabet, and Amazon all report on Wednesday. That single day accounts for more than $7 trillion in market cap. Apple follows Thursday after the close — its first print since tariff pressure hit supply chains hard. S&P Global and Coca-Cola report today. Investors will watch guidance closely across all names.
European markets are caught between war risk and peace hopes. CNBC headlines show whiplash trading — stocks soared on ceasefire talk, then reversed as Gulf tanker attacks threatened the deal. Oil could hit $120 if the conflict drags on, according to Goldman Sachs. Defense stocks have given back recent gains. Investors bought the rumor and sold the news as production bottlenecks and US munitions funding uncertainty weighed on weapons makers.
NVIDIA faces a rare analyst downgrade this week. At the same time, put flows are unusually heavy — suggesting some large holders are hedging into earnings season. Rambus has become a momentum magnet, up 72% year-to-date with an RSI of 86. Options traders are piling in on the call side. Micron also caught attention after a prominent senator's stake surged 61%.
Short sellers are pushing hard against Wolfspeed, with SI hitting 47% of free float. Borrow is nearly impossible at 2.7% availability. Meanwhile, the entire leadership team at AEHR filed over $13M in sales this month — a clear sign insiders used the rally to exit. URI CEO Matthew Flannery also filed a $22.4M sale last week.
The OpenAI trial started today, with jury selection concluding. Microsoft has a direct stake in the outcome.
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.
