News of Hamas' attack on Israel on Saturday added to investor concerns in a market already contending with the potential of higher-for-longer interest rates and persistent inflation. The latest producer price index report out Wednesday showed wholesale prices increased 0.5% in September. Economists polled by Dow Jones forecast 0.3%. Stocks have found support in declining Treasury yields, however, with the 10-year yield easing from 16-year highs seen recently.
mountain SolarEdge stock. Warner Bros. Discovery also made the list, with the average analyst price target calling for more than 76% upside. Shares have climbed nearly 13% in 2023. The company had expected both the writers and actors strike to hammer earnings by as much as $500 million. However, the writers union has since reached a tentative labor agreement with studios. WBD YTD mountain Warner Bros. Discovery stock.
mountain Moderna stock. — CNBC's Michael Bloom contributed reporting.
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Tesla slips as 2 more Wall Street analysts cut targets into Q3 earningsSlowing China sales and accelerated price cuts will eat into Tesla's profit margins in the third quarter and beyond, prompting another round of target changes from Wall Street.
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Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandalsBirkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day.
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Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandalsBirkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day.
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Birkenstock set for its stock market debut as Wall Street trades in its wingtips for sandalsBirkenstock is making its debut on the stock market as Wall Street trades in its wingtips for sandals for a day. The 249-year-old German maker of upmarket sandals set a price of $46 per share for its initial public offering of stock, valuing the company at $8.64 billion. It is due to start trading Wednesday on the New York Stock Exchange under the “BIRK” ticker symbol. The company’s footwear was first cobbled together by Johann Adam Birkenstock in Germany in 1774. The sandals have long been deri
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