AI Fuels Palantirs Growth, Nikes Bold Campaign, and Sonys Next-Gen Console

1. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -2.55%. Wedbush remains optimistic about Palantir Technologies, predicting its AI-driven profitability could double its market value. The company reported 2023 revenue of $2.23 billion, up 16.75% year-over-year, with commercial clients revenue growing 20.23%. Mizuho downgraded Palantir to Underperform, raising the price target to $22.

2. Block (NYSE: SQ)
Block dipped mildly by -2.58%. Block was upgraded by William Blair to Outperform and maintained a Buy rating by Deutsche Bank with a target price of $98.00. Additionally, insider transactions were disclosed on July 10 and July 17, involving sales by executives Amrita Ahuja and Esperanza Chrysty.

3. Vertiv Holdings (NYSE: VRT)
Vertiv Holdings dipped mildly by -2.59%. Vertiv Holdings will report its fiscal 2024 Second Quarter financial results before the market opens on July 24, 2024.

4. Nike (NYSE: NKE)
Nike dipped mildly by -2.62%. Nike launched the "Winning Isn’t for Everyone" brand campaign on July 19. Amway Vietnam, a subsidiary of Amway, received a one-year certification from Nike's laboratory for testing polyurethane synthetic leather materials for Nike shoes, enhancing order prospects and brand influence in Southeast Asia.

5. Sony Group (NYSE: SONY)
Sony Group dipped mildly by -2.71%. Sony is reportedly developing a next-gen console with ARM architecture and a new handheld compatible with PS4 games. PS platform monthly active users surpass 118 million. Sony, Aniplex, and Pocketpair announced a joint venture. Sony Xperia might adopt a design similar to Google Pixel.