Trump met with Anthropic today and called it a "very good meeting." That lit up call buying in TSLA and GOOGL. An analyst report projected robotaxis will become a $54B market by 2035. TSLA is still down 17% year-to-date but bulls are loading up on options through late July.
In chips, NVDA, AMD, and MU lead the semiconductor options flow this week. INTC is up 157% year-to-date with an RSI above 85 — options traders are hedging that run hard.
BE (Bloom Energy) hit an all-time high today. No single catalyst was cited, but clean energy names have been catching bids all week.
ARVN (Arvinas) won FDA approval for VEPPANU, a new treatment for ER-positive, HER2-negative metastatic breast cancer. Partner PFE (Pfizer) is also tied to the programme.
CAT beat Q1 expectations. JP Morgan raised its target to $1,125 from $860. PWR drew the biggest upgrade of the week — JP Morgan lifted its target to $805 from $627 on AI data centre demand. AMD got an RBC Capital target bump to $325 from $230, though the analyst held a neutral rating.
CAR (Avis Budget) remains the most pressured large-cap name. SI sits at 64.8% of free float. A 10% owner filed over $1.3B in share sales on April 28. That combination — heavy shorting and a major holder exiting — is worth watching closely.
Trump flagged a potential taxpayer-funded bailout of FLYY.Q (Spirit Airlines). That headline sent the bankrupt carrier's stock moving sharply.
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.
