All eyes are on tonight's after-close reports. Microsoft and Amazon both report Q1 results after the bell. These are two of the three largest companies by market cap on US exchanges. Options flow into NVDA and chips has been heavily bullish all week. If Microsoft and Amazon deliver, the semiconductor rally could extend further. Apple follows Thursday at 5:00 PM ET — investors are watching for any tariff impact on its China supply chain.
Carvana surged today after strong Q1 results. The online car dealer said it sees "significant" growth ahead. The move is notable given heavy short interest in the name and ongoing insider selling pressure across the auto sector. Alkami Technology raised its full-year sales guidance slightly, though Q2 guidance missed estimates — shares face mixed signals heading into tomorrow.
Lobo Technologies is the wildcard of the day. Short interest jumped 897% in one week. The cost to borrow hit 257%. That combination signals extreme squeeze conditions. Positions are tiny in absolute terms, but momentum is violent.
The week's biggest filing: Pentwater Capital dumped over $1.7 billion in Avis Budget Group shares. CoreWeave also saw a 10% owner sell nearly $955 million just weeks after its IPO. Bears are also piling into Wolfspeed, where short interest hit 49.9% of free float — up nearly 10 points in seven days.
Freight remains under pressure. Old Dominion Freight Line was cut to Sell amid tariff-driven volume uncertainty. Gold miners are the contrarian bright spot — Newmont targets crept higher as gold holds above $3,300.
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.
