Over 1,800 companies report this week. The queue is heavy from Monday through Friday. Loews, CNA Financial, and France's defence giant Thales kick things off today. Analysts have been raising targets ahead of key prints. General Motors and Intel saw consensus targets lifted after strong results — GM's target now sits at $94.08. Short sellers haven't shown up for either name. GM's SI is just 2.1% of free float.
IonQ heads into its Q1 print under heavy bearish pressure. Its short score sits at 70.97. Options positioning is cautious, with expiries clustering in May and June. Meanwhile, Wolfspeed remains the most-shorted mid-cap name in the US at 50.1% of free float. Availability is just 2.1% of SI — making new short positions costly to open. and also saw notable short interest builds this week.
Chip bulls are pressing gains through the options market. NVDA, Micron, and AMD all attracted heavy bullish options flow. On the macro side, a weaker dollar is quietly pushing up import costs. Coca-Cola and Philip Morris are among the consumer staples names feeling the squeeze from currency moves.
Morgan Stanley upgraded TKO Group ahead of Q1 earnings. Three insiders bought Charter Communications stock on the same day — a rare cluster worth watching. Hedge fund Pentwater Capital filed to have sold over $1.1 billion in Avis Budget shares. That is the week's largest insider filing by a wide margin.
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.
