Wednesday's earnings from NVDA are the single biggest event of the week. The $5.4 trillion AI chip giant reports after the close. Options traders are already positioning defensively across the semiconductor sector. Put pressure is heaviest on MU, AMD, and INTC. SNDK — up 493% year-to-date — carries the second-highest negative options bets of any large-cap this week. Bears appear to be hedging a potential chip selloff around the print.
WOLF remains the most extreme short story in markets right now. Short interest hit 106% of free float — up 34 points in a single week. Borrowing availability is near zero. CVNA also caught fresh attention. SI jumped from 2% to 10% of free float in seven days. That's a five-fold increase as short sellers push back against the stock's massive prior rally.
Bill Gates filed purchases totalling over $100M in RSG between May 11–13. That is a notable vote of confidence in the waste management sector. Private equity firm General Atlantic continued loading up on ALKT, adding roughly $67.6M across 10 separate transactions.
UK gilts fell as traders priced in political risk from Greater Manchester mayor Andy Burnham challenging Prime Minister Starmer on borrowing rules. European markets finished higher overall despite the UK volatility. HSBC paused its $4bn private credit investment programme — a notable strategic retreat for the lender.
GEV caught attention ahead of its Q2 print. Analyst upgrades collided with CEO share sales — a mixed signal heading into results. SNOW heads into its Q1 earnings with bears retreating, a more positive setup.
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.
