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Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: (.) The S&P 500 and the Nasdaq tumbled on Wednesday as banks slid after quarterly results and hot inflation data boosted bets of interest rate hikes, pressuring beneficiaries of the AI buildout sensitiv
Workspace search string for individual stock moves: STXBZ The Day Ahead newsletter: The Morning News Call newsletter: (Updates) Wall Street's main indexes edged lower on Wednesday after a hotter-than-expected inflation report boosted bets of an interest rate hike this month, while investors parsed more big bank earning
* Shares of US grocer Albertsons slips 4.3% to $12.17 premarket * Bank of America Global Research lowers stock to "underperform" from "neutral" rating * Brokerage cuts PT to $12 from $16, implying a 5.8% downside from the stock's last close * ACI's earnings power and valuation could both see pressure over the next 12-1