Anthropic filed its S-1 today, setting the stage for one of the most anticipated public offerings in years. Analysts say the filing could open the IPO floodgates. Alphabet sits at the centre of the story — it holds pre-IPO exposure to both Anthropic and SpaceX, giving investors indirect access before either company lists. Alphabet also filed a mixed-shelf prospectus, adding some supply-side uncertainty to its $2.2 trillion valuation. Meanwhile, Amazon and Broadcom are also named as Anthropic backers. SoftBank overtook Toyota to become Japan's largest company by market cap, powered by surging demand for AI-linked stocks.
Short sellers are pressing hard on consumer names. Chewy saw SI % FF jump nearly 8 points to 59% this week. Bears are fading the recent rally in pet retail. PVH Corp. carries the highest short interest among this week's earnings reporters at 9.2% of FF. The fashion sector remains firmly in bearish crosshairs. leads all US stocks at 130% SI % FF, with zero shares left to borrow.
Ulta Beauty reports Q1 results today after the close. Dollar General held its earnings call this morning. Tomorrow, Medtronic reports pre-market. Citigroup cut Accenture from Buy to Hold, dropping its target from $215 to $195. The same bank raised its General Motors target to $131, keeping a Buy rating.
In Europe, Wise shares slumped after Belgian authorities launched a money laundering investigation into the London-based fintech. The probe adds regulatory risk to a stock already navigating a competitive payments market.
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.
