Markets are moving on multiple fronts Thursday. AI supply chains, a packed earnings slate, and bold insider buying are the key themes.
ARM Holdings is today's most-discussed stock. The chip designer's server chip demand is no longer in question — supply is. Goldman Sachs kept its Sell rating but raised its price target to $150. Bears hold 11.4% of ARM's float short. That's a crowded trade facing a genuine growth story. AI infrastructure names are broadly in focus, with analysts flagging NVIDIA, Micron, Vertiv, and Amphenol as stocks that rise with every move Jensen Huang makes.
Nearly 1,900 companies report globally this week. Europe is active today. Italian utility Enel SpA — a $115bn giant — is in focus, alongside German brake-systems maker Knorr-Bremse. In the US, numbers are on deck later this week. Analysts nudged Disney's target to $130, citing stronger streaming margins.
Boeing shares climbed Thursday. The move drew high-impact coverage across multiple outlets. No single headline explains the gain fully, but sentiment around the aerospace giant has clearly shifted today.
Pentwater Capital filed that it sold its entire Avis Budget Group stake — over $1.1B — on April 22–23. That lines up with a sharp 8.2 percentage point drop in Avis's short interest this week. Meanwhile, Wolfspeed short interest hit 57% of free float with availability near zero.
FT reported hedge funds posted their biggest monthly gains since 2020 in April. Stocks like Arm and AMD led the rally. SoftBank surged as Japan's Nikkei hit a record high after returning from a holiday closure.
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.
