Market Moves: Insider Trades, Revenue Shifts, and New Tech Unveils

1. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -2.55%. Palantir disclosed insider trading activities with four transactions on October 7, 2024. On October 4, 2024, executive Heather A. Planishek purchased 20,000 shares. On October 1, 2024, board member Peter Thiel sold 3.9892 million shares.

2. Block (NYSE: SQ)
Block dipped mildly by -2.58%. BMO Capital maintains an "Outperform" rating on Block with a revised target price of $92.00. Block's revenue for the first half of 2024 reached $12.113 billion, marking a 15.08% year-over-year increase.

3. Vertiv Holdings (NYSE: VRT)
Vertiv Holdings dipped mildly by -2.59%. Evercore ISI Group and Jefferies rated Vertiv Holdings as Outperform and Buy respectively, both with a price target of $125.00. Vertiv's mid-year report showed revenue of $35.92 billion as of June 30, 2024, a 10.34% increase year-over-year.

4. Nike (NYSE: NKE)
Nike dipped mildly by -2.62%. NIKE's FY2025 Q1 results show a 10% revenue decline to $115.89 billion and a 28% drop in net income to $10.51 billion. Greater China revenue fell 4%, and there's a leadership change planned to rebuild distributor relations.

5. Sony Group (NYSE: SONY)
Sony Group dipped mildly by -2.71%. Sony Group will implement a 1 for 5 stock split effective October 9, 2024, and has announced a new car sensor, the ISX038, with approximately 8.39 million pixels. Additionally, there are early glimpses and discussions of the PS6 prototype.