All eyes are on NVDA after the bell today. The $5.3 trillion chipmaker is Wall Street's most-watched earnings release right now. Investors want answers on AI data-centre demand and tariff exposure. Options traders positioned across 28 expiry dates — from today through August — signalling extreme uncertainty around the print. Analysts have an average 24.8% upside target on the stock. Also reporting tonight: INTU (Intuit). Tomorrow, WMT reports before the open, giving the first major read on US consumer health this week.
HTZ is flashing a near-record short squeeze setup. ORTEX data shows utilization hitting 100%. Shares available to borrow collapsed to just 5.1% of open short positions. DTC stands at 8.3 days and the short score is 74.6. Options call buyers are watching closely. GME is also back in focus, carrying a 17.2-day DTC with near-dated May calls active once more.
CoreWeave (CRWV) saw backer Magnetar Financial file over $1.3 billion in share sales since late April — an unusually fast exit for a stock that only listed in March. At SEI, two large holders sold a combined $290 million in early May. These are not routine transactions.
European equities climbed today. UK inflation data and elevated gilt yields dominated headlines. Cybersecurity names are getting fresh attention globally — PANW, CRWD, and FTNT were highlighted on CNBC as top market picks. Morgan Stanley also lifted its target on PANW to $253. Meanwhile, SNOW dropped Wednesday on what traders described as disappointing near-term signals despite strong long-term AI positioning.
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.
