The UK gilt market is under serious pressure today. Thirty-year gilt yields hit their highest level this century. Markets are rattled by political turmoil around Prime Minister Starmer. Cabinet ministers are openly questioning his leadership. Andy Burnham is now being flagged as a risk to UK bond stability. The selloff echoes the 2022 Truss crisis — bond vigilantes are back.
Europe's handful of AI-linked stocks are surging as the global tech rally spreads. Meanwhile, NVDA options activity remains intense, with 27 active expiry dates stretching to August. NBIS (Nebius Group) stunned analysts with monster AI revenue growth and is drawing fresh speculative interest. China's Tencent and Alibaba are notably absent from the rally — investors are rotating into pure-play AI names only.
CSCO reports Q3 results after the close today. Analysts want clear signals on AI networking demand. Applied Materials (AMAT) follows Wednesday. Both are key reads on how deep AI infrastructure spending really goes. Later this week, (Home Depot) and (Target) bring the focus to the US consumer.
WOLF short interest hit 74.4% of free float — up 21 points in a week. With zero shares available to borrow, squeeze risk is real. CVNA SI jumped 4x in a week to 10.4% of free float. On the insider front, ALKT drew $34.7M in board-linked buying. UPST founder Dave Girouard filed a $5M personal stock purchase. Founder buys with personal capital tend to carry real weight.
The IEA warned today of further price spikes as oil inventories plunge sharply. Energy names and macro-sensitive sectors should watch this closely.
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.
