US stocks ended Friday mostly higher, pulling back from session highs but still posting a positive close. The market enters a pivotal week with over 1,800 companies scheduled to report.
Spirit Airlines announced it is going out of business after 34 years, ending operations immediately. The ultra-low-cost carrier had been in financial distress for months. This is the most significant airline failure in years. Rival budget carrier Frontier Group Holdings may now face fresh scrutiny — short sellers had been retreating from the stock, but competitive dynamics just shifted.
Apple and Amazon both report Thursday. Markets will focus on tariff exposure and AI spending plans from both giants. Palantir reports Monday after the bell. The defence-AI name carries elevated short interest heading in. is also due this week. Short sellers are holding firm. The stock is down 18.5% year-to-date and options flow points to a volatile print.
NVIDIA leads bullish options flow for the week. Micron and AMD follow closely. All three sit at the heart of the AI trade. Call-side pressure is building ahead of results season.
Corporate insiders have been active buyers during April's selloff. Four insiders bought Nike in the same week, including CEO Elliott Hill and Apple CEO Tim Cook. JANA Partners filed over $13.9M in purchases at Lamb Weston. Cluster buying at this scale is a notable signal from those closest to these businesses.
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.
