Palantir Joins S&P 500, Sony Teases PS5 Pro, and More Market Moves

1. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -2.55%. Palantir has been added to the S&P 500 Index, effective September 23. Wedbush Securities reiterated its Outperform rating on Palantir with a target price of $38. Additionally, Palantir disclosed multiple insider transaction activities in early September.

2. Block (NYSE: SQ)
Block dipped mildly by -2.58%. New Street Research initiates coverage on Block with a neutral rating and a $70.00 price target. UBS maintains its buy rating on Block with a $92.00 price target. Block reported Q2 2024 revenue of $121.13 billion and net profit of $6.61 billion.

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

4. Nike (NYSE: NKE)
Nike dipped mildly by -2.62%. Anhui Shihua Co., Ltd. stated that TPU is a crucial growth driver for the company this year and beyond, with significant applications in sports footwear, where brands like Anta and Xtep are increasing their TPU usage.

5. Sony Group (NYSE: SONY)
Sony Group dipped mildly by -2.71%. Sony may reveal the PS5 Pro on September 10. Sony’s PS Portal was the top-selling gaming accessory in the US in April. Sony's online services faced setbacks, with only two out of 16 game projects succeeding.