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Thursday's big stock stories: What's likely to move the market in the next trading session

Traders work on the floor of the New York Stock Exchange (NYSE) on September 19, 2024, in New York City.
Spencer Platt | Getty Images

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Here's what CNBC TV's producers were watching on Wednesday and what's on the radar for the next session.

On the line

  • T-Mobile hit an all-time high on Wednesday. The stock is up 15.6% in three months.
  • AT&T is up about 18% in three months. It is just off the mid-September high.
  • Verizon is up 9.6% in three months. It's also just off the 52-week high hit in late September.

The port strike impact

  • CNBC TV's Pippa Stevens will go through the list of commodities that could see price changes because of the port strike.
  • The list is long, but it includes sugar, cocoa and coffee.
  • Coffee is up 72% in the last year, a lot of that is due to weather. Coffee is down 4.7% in the last week.
  • Cocoa has doubled in a year. It is down 12% in a week.
  • Sugar is up about 17% in a month, but down more than 3% in a week.

Office real estate investment trusts

  • CBRE hit a new all-time high Wednesday. It is up 43.5% in three months.
  • Vornado is up 51% in three months, standing 1.5% from the mid-September high.
  • BXP is up 30% in three months. It is 4.4% from the Sept. 19 high.
  • Brandywine Realty Trust is up 26% in three months. It hit a new high Wednesday.
  • SL Green is up 24% in three months. The stock is 6.5% from the Sept. 18 high.

Crypto

  • CNBC's Emily Wilkins in our Washington bureau will go in-depth on the Republican candidates getting behind crypto.
  • Coinbase is down 14% in three days. It's 42% from the March high.
  • MicroStrategy is down 6.5% in three days. Shares are 17% from the March high.
  • Riot Platforms is down 7.5% in three days. It's 61% from the December high.
  • Galaxy Digital is down 11% in three days. It is 13% from the high which was hit last week.
  • Cleanspark is down 13% in three days. Shares are 64% from the March high.
  • Bitcoin itself is down 4% in a week, standing in the $60,000 range.

Constellation Brands

  • The spirits company reports in the morning before the bell.
  • Constellation Brands is down 1% in the past three months.
  • It is up 6% in one month.
  • The stock is 7% from the April high.
  • Constellation's brands include Modelo and Corona beer. Casa Noble Tequila and Svedka Vodka are also in the portfolio.

 

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