Tech Shifts and Strategic Moves: Palantir, Block, Vertiv, Nike, and Sony in Focus

1. Palantir Technologies (NYSE: PLTR)
Palantir Technologies dipped mildly by -2.55%. Mizuho maintains an "Underperform" rating on Palantir, adjusting the price target to $30. On October 15, Palantir disclosed an insider trade: Director Lauren Elaina Friedman sold 7,321 shares. Ark Invest suggests Palantir could challenge tech giants in software and data management.

2. Block (NYSE: SQ)
Block dipped mildly by -2.58%. Block and Lyft are partnering to enable riders to pay using Cash App Pay, marking Cash App Pay's first collaboration with a ride-sharing company.

3. Vertiv Holdings (NYSE: VRT)
Vertiv Holdings dipped mildly by -2.59%. Multiple analysts, including Mizuho, B of A Securities, Oppenheimer, and Evercore ISI, maintain favorable ratings on Vertiv Holdings with price targets ranging from $110 to $130. Jefferies initiated coverage with a buy rating and a $125 target.

4. Nike (NYSE: NKE)
Nike dipped mildly by -2.62%. Nike is pursuing growth by appointing a new CEO for Greater China and investing heavily in its outdoor brand ACG, signaling reform and market expansion, particularly in China.

5. Sony Group (NYSE: SONY)
Sony Group dipped mildly by -2.71%. Sony's lawsuit against UK's Datel over cheat software was dismissed by the European court, ruling no copyright infringement. Separately, Sony is rumored to release a new full-frame mirrorless camera by November. Also, Sony's limited edition PS5 has launched a raffle for purchase eligibility.