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Shares of Astera Labs surged more than 16% after the company unveiled new fabric switches for artificial intelligence. Norwegian Cruise Line saw a 10% jump following a buy upgrade from Citi, citing potential earnings growth. Bayer’s U.S.-traded shares fell around 7% as the Washington Supreme Court reviews a case against the company. Reddit stock rose nearly 2% after Jefferies initiated coverage with a buy rating. Arcadium Lithium soared 31% after Rio Tinto announced its acquisition of the company. GitLab’s stock rose over 7% as Morgan Stanley gave it an overweight rating. Helen of Troy’s stock surged over 19% after beating earnings expectations in the second quarter. Chewy’s shares increased 3% after being rated a buy by TD Cowen. Boeing shares dropped 2% as a machinists’ union strike continues, with a negative outlook from S & P Global Ratings. Alphabet’s stock dropped nearly 2% after news of a possible breakup of Google by the Justice Department.
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Emily Jensen, graduated from the London School of Economics and Political Science (LSE) in the UK in 2015 with a degree in Economics. She specializes in financial markets and international trade. After graduating, she worked as an analyst at an investment bank in London, where she developed expertise in global economic trends. She later transitioned into consulting, focusing on fintech ventures and providing insights into global economic developments. Emily is passionate about the intersection of finance and technology and aims to drive innovation in the financial sector.
