The semiconductor equipment trade is back in focus. Three major firms — JP Morgan, Jefferies, and Goldman Sachs — all raised price targets on AMAT this week, with Goldman pushing to $520. That is a 25–30% upward revision across the board. Meanwhile, NVDA heads into its Q1 earnings Wednesday after the close. Data center revenue is the number everyone is watching. Together, these two names are shaping the week's narrative in tech.
Bears turned active across several names this week. Wolfspeed saw the most dramatic move — short interest as a % of free float rocketed to 106%, up 34 points in seven days. Cost to borrow hit 17%. Carvana saw a near five-fold SI increase to 10% of free float. Chewy climbed to 48% SI % FF. On the other side, shorts are retreating from ahead of its Q1 print, while bears are building — options confirm that divergence.
Bill Gates filed over $100 million in purchases of RSG Republic Services shares between May 11 and May 13. That is a rare cluster of conviction buying. On the sell side, a board-linked fund offloaded $130.6 million of TWLO Twilio shares in a single transaction. KO CEO James Quincey also sold $15.8 million of Coca-Cola stock on May 11.
Beyond NVIDIA, TGT and LOW both report Wednesday. Consumer spending health and tariff cost pressures are the central themes. HD reports Tuesday morning. GEV faces its own spotlight — analyst upgrades are running alongside CEO share sales ahead of its Q2 print, a mixed signal worth watching.
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.
