Companies Reporting Before The Bell
• Sony Group (NYSE:SONY) is projected to report quarterly earnings at $1.65 per share on revenue of $24.62 billion.
The office real estate market has entered a challenging year, grappling with significant challenges represented by disruptive industry trends and upcoming financial maturities.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page
Mortgage rate data revealed worrisome increases, with the average rate on a 30-year fixed mortgage reaching 7.57%, marking the highest level in 23 years. The average rate on a 15-year fixed mortgage also rose to 6.89%, compared to 6.78% the previous week, as reported by Freddie Mac.
Gainers
Prestige Wealth Inc. (NASDAQ: PWM) shares jumped 65.6% to $8.28. Prestige Wealth reported pricing of $5 million initial public offering of 1 million shares of common stock at a price of $5 per share.