Lululemon Athletica headlines today's earnings slate with shorts at a one-month high. The Street is already defensive ahead of the print. Ciena also reports Q2 results this morning. Oracle remains the marquee event later this week. Blue Owl Capital faces maximum divergence between bulls and bears as it reports today.
Broadcom cleared analyst targets. The stock now commands an average consensus target near $489. Analysts show 43 buys and zero sells. Marvell Technology is on a 25-year run, with SI at just 3.7%. CrowdStrike and both drew target upgrades. CRWD's consensus target rose to $587. PANW dipped post-earnings but short interest sits at just 3.3% of float.
Chewy short interest hit 57.9% of free float — up 6.5 points in a week. Tempus AI climbed to 30.8% SI with borrow availability at just 39%. That tight squeeze setup warrants watching. Grindr saw its SI jump from 1.4% to 12.4% — a near 9x increase in seven days.
European stocks slid broadly but defense shares rallied. Ukraine ratified a $105 billion EU loan deal, boosting the sector. UK paint maker Dulux surged after rejecting a $14.5 billion takeover bid. Airbnb options turned bullish as shorts exit ahead of its earnings print.
Gold replaced US Treasuries as the world's top reserve asset, according to the ECB. Bullion's share of global reserves rose to 27%. Anthropic filed for a major IPO, setting up a race with OpenAI and SpaceX for Wall Street's AI appetite.
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.
