Anthropic has filed for an initial public offering, setting up a three-way race with OpenAI and SpaceX. The move tests Wall Street's appetite for the AI boom — which is already showing up in options markets. NVDA carries 28 active expiry dates right now, with same-day contracts live today. META and AMZN show equally packed calendars, pointing to sustained high-frequency options activity across AI names.
Andrew Left, one of Wall Street's most prominent short sellers, was convicted of fraud. The verdict raises hard questions about where public commentary ends and illegal trading begins. It comes at a moment when short sellers are already making aggressive moves. Dave Inc. SI % FF leapt 13.7 points in one week to 30.4%. sits at 57.9% — among the highest of large US names.
The ECB confirmed gold has replaced US Treasuries as the world's top reserve asset. Bullion now accounts for 27% of global reserves. This marks a clear shift away from dollar-denominated assets by central banks worldwide.
European stocks fell broadly but defence names bucked the trend. The move came after Ukraine ratified a $105 billion EU loan. AkzoNobel — Dulux's owner — jumped sharply after rejecting a $14.5 billion takeover bid.
PVH Corp reports Q1 results after the close today. Ciena and Brown-Forman follow Wednesday. Benchmark this week initiated PANW with a Buy and a $340 target — 20% above the then-consensus. Bears are notably absent on the cybersecurity giant, with SI at just 3.3% of free float.
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.
