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Shares of Trump Media & Technology dropped over 11% following the recent debate between Republican nominee Donald Trump and Democratic Vice President Kamala Harris. Rentokil Initial also suffered a 20% plummet after issuing a profit warning, citing weaker-than-expected trading in North America. Dave & Buster’s saw a 13% increase in stock price after beating earnings estimates, while GameStop experienced a more than 10% decline in premarket trading due to a significant drop in sales. Williams-Sonoma rose 3% after an upgrade from Jefferies, who cited the company’s potential in the housing market. Novartis shares fell 2% following a downgrade from Bank of America. Viking Therapeutics saw a 4% increase after receiving a positive rating from JPMorgan. Crypto Stocks were under pressure as the price of bitcoin fell slightly overnight. Morgan Stanley’s stock dropped over 1% after a downgrade from Goldman Sachs.
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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.