US equities continue to push higher, driven by AI and semiconductor momentum. NVDA and memory names like MU remain at the centre of bullish options flow. Intel added to the AI chip narrative today, with reports it is pressuring PC makers to accelerate hardware upgrades.
Healthcare drew a wave of fresh analyst upgrades. Deutsche Bank lifted HUM to Buy with a $441 target. Maxim Group upgraded GILD to Buy with a $165 target. Both moves point to growing conviction in healthcare valuations after a difficult stretch.
Cybersecurity saw bold target lifts. Stifel raised CRWD to $660 and PANW to $275 — increases of 37% and 49% respectively. Short interest in both names remains below 4% of free float.
European stocks edged up today. UK inflation data kept bond yields elevated. Gilt volatility has been a recurring theme this week as pressure builds on the Starmer government.
South Korea's Kospi is grabbing global attention. Samsung and SK Hynix have helped the index nearly triple over 18 months. AI demand for memory chips is the key driver.
Essity B continues to see insider buying. Anchor shareholder Industrivärden added over $15M in fresh shares this week at SEK 248–255.
Wolfspeed remains the standout short story. SI % FF hit 113.8% — up 25 points in a week — even as the stock has rallied over 200% in three months.
Progressive reports earnings today. The $118B insurer is a key read on auto insurance trends. Gold miner GFI also posts results, with gold near record highs.
SpaceX's IPO process is drawing headlines, with reports that D1 Capital stands to receive a $20B stake if the listing proceeds next month.
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.
