Stock Market News·2025-10-13 05:08Geopolitical Developments - A significant hostage and prisoner exchange is currently underway, facilitated by the International Committee of the Red Cross (ICRC), with the Israeli military confirming readiness to receive additional hostages [3] - Hamas has released a list of 20 living Israeli hostages for transfer, while Israel is set to free over 1,900 Palestinian prisoners as part of the ceasefire agreement [4] - U.S. President Donald Trump is in the region to discuss the proposed deal and postwar plans, with a peace summit co-chaired by Trump and Egyptian President Abdel Fattah el-Sisi taking place in Sharm el-Sheikh [4] Analyst Ratings Roundup - Jefferies has lowered its price target for Domino's Pizza (DPZ) to $455 from $490, for EPAM Systems (EPAM) to $180, and for Genpact (G) to $50, indicating a cautious outlook [5] - Conversely, RBC has raised its price target for ConocoPhillips (COP) to $118 from $113, and Barclays has increased its target for Oracle (ORCL) to $367, reflecting a more optimistic view [6] - JP Morgan has adjusted its outlook for Duolingo (DUOL), cutting its price target to $465, highlighting ongoing re-evaluation of corporate valuations [6] Corporate News - Tesla (TSLA) CEO Elon Musk has denied reports suggesting that the company's board is seeking a successor, labeling the claims as "deliberately false" and an "extremely bad breach of ethics" [7] - Tesla's chair, Robyn Denholm, reaffirmed the board's "highly confident" stance in Musk's leadership and ability to execute the company's growth plans, aiming to quell speculation regarding leadership changes [8]