Thursday, May 21 is one of the busiest earnings days of the quarter. WMT reports at midday — the $1 trillion retailer is the biggest consumer spending read of the week. Tariff cost commentary will be the first thing analysts check. DE reports at the same time. Weak farm demand has weighed on the stock all year. Any guidance lift could spark a sharp move.
After the bell, WDAY, ROST, and TTWO all print. Workday trades at a premium valuation. Enterprise spending softness is the bear case. Ross Stores gives a second look at the budget consumer alongside Walmart.
ZM reports tonight. Analysts have been raising targets into the print. Options traders are positioned across May and August expiries — bulls and bears are both active. also carries a congested short book heading into its next catalyst.
Wolfspeed remains the week's most extreme short interest story. SI hit 100% of free float. Zero shares are available to borrow. New short positions are effectively impossible to open.
Micron attracted the heaviest bearish options flow among large caps this week. The stock is up 139% year-to-date. Traders appear to be hedging those gains rather than pressing fresh shorts.
INTC and DXCM both drew downgrades this week. Intel's recovery timeline remains in question. On the other side, ADI was upgraded with a target lift to $427. Aerospace names HWM and VRT also got target increases — defence spending tailwinds remain a consensus theme.
U Power spiked over 27% in after-hours trade overnight, drawing retail attention heading into Thursday's session.
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.
