Three major earnings reports dominate this week's calendar. ORCL kicks things off Tuesday after the bell, with cloud growth and AI infrastructure deals the key watchpoints. ADBE follows Wednesday — analysts have cut their consensus target to $327.54, reflecting AI competition fears, while short sellers are also building positions ahead of the print. Homebuilder LEN also reports Wednesday, carrying 8.4% SI % FF as housing affordability pressures mount.
The biggest insider story of the week is hard to ignore. An NVDA director sold $221M in shares across two days — 1 million shares total — filed on June 4 as the stock trades near all-time highs. Meanwhile, analysts continue lifting AVGO's consensus target, now at $520.40, on the back of strong AI chip momentum.
In short interest, bears are reversing out of WOLF — SI % FF dropped 18.7 points to 112% in one week. Fresh shorts are piling into , up 8.8 points to 29.2%. remains a flashpoint: 24.4% SI % FF, borrow availability just 15.8%, and near-term options heavy into June 12 and 18.
Xiaomi made three separate purchases in Kingsoft totalling nearly $60M across late May and early June — a strong strategic signal from one of Asia's biggest tech players.
CMG options are showing growing defensiveness after JPMorgan pivoted its stance. Planet Labs fell 37% into earnings but is attracting analyst buy-the-dip calls. Offshore drilling politics add volatility to SOC as a legal dispute over Trump's drilling revival hits the headlines.
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.
