Nike Rises, GE Verona Falls, ASML Gains After Samsung Contract
On this episode of Stock Movers:- Nike (NKE) shares rise after JPMorgan upgrades to overweight from neutral, citing the earnings impact of the sportswear maker’s five-pronged multi-year recovery plan.- GE Vernov (GEEV) falls after it received a pair of downgrades, with analysts cutting their views on the electric-power company in the wake of results that led to sharp gains in the stock.- ASML (ASML) shares gain after its key customer, Samsung, wins a contract to make AI chips for Tesla. Meanwhile, a US-EU trade agreement that exempts tariffs on semiconductor equipment gives an…
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