News & Events zu Rexford Industrial Realty Inc (REXR)REXRRexford Industrial Realty Inc

Middle East War Influences Energy Prices and Markets

In the week ahead, the war in the Middle East will continue to dictate energy prices and financial markets as major central banks have hiked rates to combat inflation. Meanwhile, calls to slow AI advancement could impact the sector that has supported global stocks, credit issuance, and commodities. These matters, in addition to trade, are expected to be leading focal points in the highly anticipated meeting between U.S. and Chinese Presidents Trump and Xi.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Berkshire Hathawaynamed Warren Buffett as Chairman Emeritus and elected Howard Buffett as Chairman of the BoardApple'siPhone 18 Pro and Pro Max began hitting stores, though its foldable iPhone Duo will not be available for sale until October 23On Holdingannounced its entrance into the soccer market with "a major talent investment" into star Kylian Mbappe, a former brand ambassador for NikeSteelmakers Nucorand Steel Dynamicsboth guided Q3 earnings below consensusShares of U.S. and European carmakers were under pressure after Volkswagencut its operating-margin forecast2. WALL STREET CALLS:Wells Fargo downgraded Netflixto a sell-equivalent Underweight, calling the company's engagement trends "worrying"BTIG upgraded Etsyafter pullback, sees 24% upsideAccenturedowngraded to Neutral at Guggenheim after 52% reboundCiti upgraded StubHubto Buy on "robust" Q3 trendsYetiupgraded to Buy at Stifel after analyst day meeting3. AROUND THE WEB:Allspring Global Investments, acquired from Wells Fargoby GTCR and Reverence Capital in 2021 for $2.1B, is exploring a sale at a potential valuation of $4B, FT reportsMedia reports indicate the CEOs of OpenAI, Nvidiaand JPMorganare among executives slated to attend the Trump-Xi state dinnerNestlesaid it is assessing options for its Russian unit after Russian President Vladimir Putin ordered the company's Russian assets to be placed under temporary administration, WSJ reportsMetaCEO Mark Zuckerberg, NvidiaCEO Jensen Huang, and Teslaand SpaceX'sElon Musk recently spoke with President Trump and successfully stalled an AI regulatory plan proposed by Demis Hassabis, WSJ saysHondaintends to accelerate mass production of its next-generation hybrid vehicles by multiple months, Nikkei says4. MOVERS:Mistrasadvanced after announcing it will be acquired by H.I.G. Capital for $20.35 per share in cashCooper Companiesrose after Jana Partners urged the company to initiate an external search for its CEOXenonfell after pausing enrollment for its MDD and BPD studiesArray Technologiesdeclined after UBS downgraded the stock to NeutralFluenceclosed lower after Jefferies downgraded the stock to Hold5. EARNINGS/GUIDANCE:BlossomHill Therapeuticsreported Q2 results, with EPS lower year-over-yearSolowinreported results for FY26Rexford Industrialreaffirmed its outlook for FY26Progressivereported August EPSAutoZoneto report Q4 results on September 22INDEXES:The Dow fell 95.40, or 0.18%, to 51,682.64, the Nasdaq gained 104.25, or 0.39%, to 26,522.55, and the S&P 500 advanced 12.74, or 0.17%, to 7,650.50.

Stocks Drop as Treasury Yields Rebound

Stocks swung lower on Friday as Treasury yields rebounded and rekindled concerns of a deteriorating macroeconomic backdrop. The yield on the 10-year Treasury note rebounded above the 5% threshold as persistent uncertainty over Middle Eastern oil supply drove fuel and natural gas prices to rise. The prolonged threat of energy inflation has already impacted underlying consumer prices, driving the Fed to hike rates this week, while most FOMC members see the need for another hike.Get caught up quickly on the top news and calls moving stocks with these five Top Five lists.1. STOCK NEWS:Berkshire Hathawaynamed Warrenand elected Howard Buffett as Chairman of the BoardApple'siPhone 18 Pro and Pro Max, though its foldable iPhone Duo will not be available for sale until October 23On Holdingannounced its entrance into the soccer market withinto star Kylian Mbappe, a former brand ambassador for NikeSteelmakers Nucorand Steel Dynamicsbelow consensusThe FCCrequest to allow foreign investors to back its acquisition of Warner Bros Discovery, but said they could not hold voting stock2. WALL STREET CALLS:Wells FargoNetflixto a sell-equivalent Underweight, calling the company's engagement trends "worrying"BTIGEtsyafter pullback, sees 24% upsideAccentureto Neutral at Guggenheim after 52% reboundCitiStubHubto Buy on "robust" Q3 trendsYetito Buy at Stifel after analyst day meeting3. AROUND THE WEB:Allspring Global Investments, acquired from Wells Fargo (WFC) by GTCR and Reverence Capital in 2021 for $2.1B, is exploring a sale at a potential valuation of $4B, FT reportsSoftBankhas increased its loan backed by Armshares by $5B to $25B, Bloomberg saysNestlesaid it is assessing options for its Russian unit after Russian President Vladimir Putin ordered the company's Russian assets to be placed under temporary administration, WSJ reportsMetaCEO Mark Zuckerberg, NvidiaCEO Jensen Huang, and Teslaand SpaceX'sElon Musk recently spoke with President Trump and successfully stalled an AI regulatory plan proposed by Demis Hassabis, WSJ saysHondaintends to accelerate mass production of its next-generation hybrid vehicles by multiple months, Nikkei says4. MOVERS:Mistrasgains after announcing it will be acquired by H.I.G. Capital forin cashCooper Companiesincreases after Jana Partners urged the company tofor its CEOXenondeclines in New York afterfor its MDD and BPD studiesArray Technologiesfalls after UBSthe stock to NeutralFluencelower after Jefferiesthe stock to Hold5. EARNINGS/GUIDANCE:BlossomHill Therapeutics, with EPS lower year-over-yearSolowinRexford Industrialfor FY26ProgressiveAutoZoneon September 22INDEXES:Near midday, the Dow was down 223.14, or 0.43%, to 51,554.90, the Nasdaq was down 37.31, or 0.14%, to 26,380.99, and the S&P 500 was down 16.67, or 0.22%, to 7,621.09.

Company Reaffirms 2026 Guidance

The company reaffirms its 2026 guidance provided in the second quarter earnings release dated July 23.