MSFT Microsoft Build 2026 is live today. CEO Satya Nadella unveiled the Surface RTX Spark Dev Box and new Aion reasoning models. Microsoft also announced expanded Windows AI APIs for more PCs. The announcements keep Microsoft at the centre of the AI hardware and software race. Needham separately reiterated its Buy rating on NVDA with a $270 price target, reinforcing bullish sentiment across the AI sector.
GS Goldman Sachs CEO David Solomon said the likelihood of a rate cut this year has "gone down materially" versus six months ago. That comment lands heavily on rate-sensitive stocks. It also supports the current caution around consumer discretionary names reporting this week.
ULTA Beauty reports Q1 results after today's close. Bears hold 5.2% of free float short. Medtronic posts Q4 figures pre-market tomorrow. Storage stocks are in focus after Citi's Asiya Merchant raised targets sharply — Seagate's target jumped from $740 to $1,150. Ciena hosts its Q2 call Wednesday; two separate analysts upgraded the stock this week.
DAVE Inc. nearly doubled its short interest to 32.1% of free float in one week. GRND Grindr saw an 11-point surge to 13.6%. Bitcoin slid 12% in a week, with BTC sceptics growing louder. Insider filings showed heavy selling — over $500M across TWLO, WMT, and RL — suggesting executives are taking profits near recent highs.
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