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Micron Technology saw a 2.7% increase after JPMorgan reiterated its overweight rating ahead of the company’s earnings report. Tesla’s shares rose by 4.8% following a positive equal weight rating from Barclays. AeroVironment experienced an 8% surge after the U.S. Army lifted a stop work order on a major contract. General Motors, on the other hand, dropped 3% after shares were downgraded by Bernstein. Ulta also saw a decrease of more than 3% after a downgrade from TD Cowen. Biohaven’s stock surged by 12% due to positive trial data for its drug treating a certain neurodegenerative disease. Intel’s shares climbed 2.4% following reports of a potential multibillion-dollar investment from Apollo Global Management. Finally, Ciena’s stock jumped 4.6% after receiving a double upgrade to a buy rating from Citi.
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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.
