Nike IncEvercore ISI downgraded Nike to In Line and cut price target, citing slower turnaround and weaker revenue guidance.
U.S. stock futures fell sharply on Tuesday, with technology shares leading losses amid a broad sell-off in artificial intelligence and semiconductor stocks. SpaceX shares remained volatile, last up 1.4% in premarket trading after plunging 16.4% in the previous session following a cautious stance from KeyBanc citing valuation concerns. Nike slipped 1.4% after Evercore ISI downgraded the athletic apparel giant to In Line from Outperform and cut its price target to $46 from $57, pointing to a slower-than-expected turnaround and weaker fiscal 2027 revenue guidance. Zeta Global rose 5% after announcing a strategic partnership with Palantir Technologies to build a unified data and AI infrastructure for enterprise marketing, integrating Zeta's Data Cloud with Palantir's Foundry platform.
Nike IncEvercore ISI downgraded Nike to In Line and cut price target, citing slower turnaround and weaker revenue guidance.
Zeta Global Holdings CorpZeta Global rose 5% after announcing a strategic partnership with Palantir to build unified data and AI infrastructure for enterprise marketing.
Space Exploration Technologies Corp. Class A Common StockSpaceX shares volatile after KeyBanc cautious stance citing valuation concerns; stock down 16.4% previously, now up 1.4% premarket.
Palantir Technologies Inc.Palantir announced a strategic partnership with Zeta Global to build AI infrastructure for enterprise marketing, integrating its Foundry platform.