Market Dips & Insider Moves: Key Highlights from Palantir to Sony

1. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -2.55%. Palantir disclosed four insider transactions on September 17, 2024, including a sale of 4.5 million shares by Director Karp Alexander C.

2. Block (NYSE: SQ)
Block dipped mildly by -2.58%. Block reported $121.13 billion in revenue for the first half of 2024. New Street Research initiated coverage with a Neutral rating, setting a $70 target. UBS maintained a Buy rating with a $92 target. Insider trading activity was disclosed on August 23.

3. Vertiv Holdings (NYSE: VRT)
Vertiv Holdings dipped mildly by -2.59%. Vertiv Holdings disclosed seven insider transactions on September 4, 2024, with executive Karsten Winther purchasing 30,200 shares on September 3. Executive Cheryl H. J. Lim sold 2,914 shares on August 22, disclosed on August 23, 2024.

4. Nike (NYSE: NKE)
Nike dipped mildly by -2.62%. Barclays maintains an Equal-Weight rating on NIKE and raises its price target to $84. NIKE's revenue for the fiscal year ending May 31, 2024, was $51.362 billion with a net profit of $5.7 billion. Shareholders rejected a proposal related to worker rights.

5. Sony Group (NYSE: SONY)
Sony Group dipped mildly by -2.71%. Sony announced the PS5 Pro, priced at $699, facing criticism for its high cost despite enhanced performance. PlayStation Co-CEO Hideaki Nishino affirmed that consoles remain central to Sony's strategy, while aiming to expand into PC and mobile markets.