Stocks Dip: Palantir & Block Partnerships Shine Amid Financial Fluctuations

1. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -2.55%. Bank of America upgraded L3Harris Technologies to "buy" from "neutral," raising its price target to $300, citing potential growth from its collaboration with Palantir Technologies.

2. Block (NYSE: SQ)
Block dipped mildly by -2.58%. RBC Capital reiterated its "Outperform" rating on Block with an $88 target. Citi added Block to its 30-day negative catalyst watchlist. Block partnered with Lyft for payment services. BMO Capital maintained its "Outperform" rating with a $92 target.

3. Vertiv Holdings (NYSE: VRT)
Vertiv Holdings dipped mildly by -2.59%. Vertiv Holdings reported Q3 2024 revenue of $20.74 billion, up 19% from last year. Net income rose 88% to $1.77 billion with organic orders growing 17% year-over-year. Various analysts maintained ratings with target prices ranging from $115 to $140.

4. Nike (NYSE: NKE)
Nike dipped mildly by -2.62%. Nike faced quality complaints over shoes sold in Li Jiaqi's livestream; issues included excess glue and stitching flaws. Nike reported a 10% revenue decline in Q1 2025, with net profit dropping 28% globally and China revenue down 3%, prompting executive changes.

5. Sony Group (NYSE: SONY)
Sony Group dipped mildly by -2.71%. Sony Interactive Entertainment developed the PS5 Pro model before the PS5's release and announced the closure of Firewalk Studios due to poor reception of its game. Additionally, Sony has engaged with CBS regarding acquiring its program Jeopardy.