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Just take a look at some of the stocks on THEE. We can do that with bloom Mergers, Natalia, Kney, Javitali.
What are you looking at today, Hi, Paul.
Let's start with Nike. The ticker is n KEE. The stock is down by almost two percent. We see that pi Per Sandler downgraded the stock to neutral from overweight on concerns about as leisure, which is a combination of like athletic and leisure, where so the analyst is saying that it's becoming too saturated across the industry. And also Piper Sandler noted that despite the fact that shares reset
after the last earnings report, they're still not cheap. As a reminder, Nike shares dropped by as much as fourteen percent when the company reported earnings last time and disclosed a very steep decline and sales and said that those kind of pressure, that pressure on sales would persist during the whole year.
The other turnaround story really not going as well as they had hoped.
What else is on your radar? In Natalia, Core We've shares We are watching at Core We've shares up by thirteen almost guys fourteen percent the tickets see our WV. We got the news that Anthropic agreed to rent data center capacity from core With as a part of its effort to train cloud AI models. And it comes a day after Core We've disclosed another deal with Meta Platforms. It's a much bigger, one twenty one billion dollar deal
to supply computing power to Matter through twenty twenty three. However, keep in mind that also Core We've disclosed that it's going to sell convertible bonds, and to some analysts investors, this is kind of a concerning signal because core with has a pretty large amount of debt and the company is still generating negative income. And finally, shakesheck shake Shock. Yes, so Mizuho raised recommendation to Shake Shock to outperform from neutral.
The stock is up by two percent. The ticker is shakey. The analyst cited some positive growth trends across same store sales and also mentioned other catalysts like hire tax refunds and the World Cup.
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