Nike’s stock fell Monday, after J.P. Morgan warned investors that the athletic apparel and gear giant’s quarterly results could cause a selloff.
Howard Lutnick, the head of investment bank Cantor Fitzgerald and financial-technology company BGC Group, is breaking into the interest-rate futures market by launching a new exchange on Monday that’s set to rival the CME Group Inc.
Investors have been turning beyond the chip sector as a way to play the AI and data-center booms.
U.S. Securities law requires a Form 4 filing within two business days of an insider stock sale.
Uncertainty over election leads to lower expectations of outlook
The luxury fashion brand was downgraded from a buy to an underperform rating on concerns about the ongoing slowdown in the luxury sector.
Ulta Beauty Inc. was downgraded by TD Cowen Monday, with the analyst firm citing the increasing cost of competition for the specialty retailer.
Shares of Biohaven climbed 13% premarket on Monday after the biotech company said its treatment for a rare neurological disorder slowed progress of the condition in a clinical trial.
