Nike (NKE) stock jumped more than 5% after Jefferies (JEF) gave the company a rave review, saying that CEO Elliott Hill is tackling production and distribution head-on and that it expects a “V-shaped” rebound in profit margin and earnings per share in the 2027 financial year.

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Palantir (PLTR) (PLRTR) extended its decline on Monday morning following last week’s plunge that was driven by a new share sales initiative by the CEO and a media report of potential U.S. defense budget cuts. The stock is now about 30% down from its 2025 peak earlier this month.

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