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Kenvue, a consumer health company, saw its stock price rise by over 8% following news that activist investor Starboard Value had acquired a significant stake in the Johnson & Johnson spinoff. Boeing shares also experienced a 3.3% increase after reaching a new contract proposal with its machinists’ union, potentially ending a month-long strike. Warby Parker, an eyeglass retailer, surged nearly 5% after receiving a buy rating from Goldman Sachs. On the other hand, UPS shares fell by almost 2% due to a downgrade from Barclays. JD.com, a Chinese e-commerce firm, saw its U.S. traded shares decline by over 1%, despite an upgrade from Loop Capital Markets. Southwest Airlines shares dipped by more than 1%, as they engaged in early-stage talks with Elliott Investment Management for board representation. ASML shares also fell by more than 1% after a price target downgrade from Bernstein, citing a challenging outlook for 2025.
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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.