Market Dips Amid Exciting New Releases and Insider Transactions

1. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -2.55%. Palantir disclosed an insider transaction on July 11, 2024, where Board Member Eric H. Woersching sold 3,026 shares on July 9, 2024.

2. Block (NYSE: SQ)
Block dipped mildly by -2.58%. Deutsche Bank maintains a Buy rating on Block with a new $98 target. Block's Q1 2024 revenue was $5.957 billion, up 19.38% YoY. Keefe, Bruyette & Woods rates Block as Market Perform, lowering the target to $74. Block disclosed insider transactions on July 5th and 10th.

3. Vertiv Holdings (NYSE: VRT)
Vertiv Holdings dipped mildly by -2.59%. Vertiv Holdings submitted several Form 4 statements indicating changes in beneficial ownership of securities and filed Form 11-K, the annual report for employee stock purchase, savings, and similar plans.

4. Nike (NYSE: NKE)
Nike dipped mildly by -2.62%. Nike and Bandai Namco collaborate to release "Tekken 8 x Nike Air Foamposite One Fist" sneakers. Nike also disclosed FY24Q4 and FY2024 full-year results, highlighting efforts to innovate in ESG practices to maximize sustainable value.

5. Sony Group (NYSE: SONY)
Sony Group dipped mildly by -2.71%. Sony launches disc replacement for "Final Fantasy 7 Rebirth" due to printing errors. Sony releases new APS-C mirrorless camera ZV-E10 II, enhancing autofocus and 4K video capabilities.