Two high-profile prints dominate the week ahead. CoreWeave reports June 8 with 17.8% of its float shorted and the CEO already selling into recent weakness. Options expiries bracket the announcement tightly. Short availability sits at 567% of SI, meaning new bears can enter with ease. The setup is one of the most watched into any earnings this year.
Oracle follows Wednesday after the close. The AI infrastructure story will be centre stage. Adobe also reports later in the week, rounding out a busy stretch for software.
GameStop is back in focus ahead of an investor call. Options defensiveness has deepened. SI stands at 13.3% of free float. Cost to borrow remains low at 0.72%, so shorts face little financial pressure for now.
The US jobs market is rebounding, according to Associated Press data published today. Despite the improvement, economic frustration among consumers persists. and were cited in coverage of the labour market's connection to AI-driven hiring trends.
Analysts slashed price targets on LULU hard. Wells Fargo and Barclays each cut by $40–$48 in a single session. Utilities including DUK, AEP, and SRE also saw broad target resets. On the upside, freight name JBHT picked up a $60 target lift from Wells Fargo.
NVDA director Mark Stevens filed $199M in sales this week. DELL saw three insiders file $167M in combined exits. On the buy side, NCLH director Stephen Pagliuca filed $25M in cruise line purchases — a notable show of confidence.
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.
