Beat the Street: US CPI; American Airlines; Goldman Sachs trims Apple PT; Birkenstock IPO
Mixed US consumer prices mean the Fed could keep rates on hold in the coming week. American Airlines warns on higher costs. Goldman Sachs trims Apple’s price target. Plus, does Birkenstock’s IPO plan herald a listings revival?
(Partial Video Transcript)
Which way will US interest rates swing?
Hello, I’m Angeline Ong and welcome to Beat the Street, the show that gives you all the tradeable news ahead of the Wall Street Open.
Coming up, inflation watch and investors are braced for that US inflation data for any clues as to how interest rates are going to progress in the US in the months ahead. Plus American Airlines shares slide after earnings in July. There is yet another warning today.
And shares in Apple fall as the unveiled their faster new chips at an event although iPhone prices remain unchanged...
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