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Boeing’s shares surged 4% in premarket trading after reaching a deal with a union representing its factory workers, potentially avoiding a costly strike. MarineMax also saw a 6% jump in shares after receiving an upgrade from Citi to buy. Palantir Technologies and Dell Technologies saw their shares rally 8% and 5%, respectively, following the announcement that they would be joining the S & P 500 index. Merck, however, experienced a 2% dip after rival Summit Therapeutics reported positive results for a lung cancer drug. Arm Holdings saw a 3% increase in its stock following reports that Apple will use its AI chip technology in the iPhone 16. United States Steel also saw a 3% rise in shares after an upgrade from JPMorgan. JetBlue Airways gained 2% after receiving an upgrade from Bank of America.
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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.
