Investor Optimism Improves Ahead Of Inflation Data
Portfolio Pulse from Lisa Levin
Investor sentiment in the U.S. improved ahead of key inflation data, with the CNN Money Fear and Greed index showing a rise. U.S. stocks closed higher on Tuesday, with Salesforce, Inc. (NYSE:CRM) gaining around 4% after announcing a price increase for some of its cloud and marketing tools. Investors are also awaiting earnings results from AngioDynamics, Inc. (NASDAQ:ANGO) and MillerKnoll, Inc. (NASDAQ:MLKN).
July 12, 2023 | 6:49 am
News sentiment analysis
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NEUTRAL IMPACT
Investors are awaiting earnings results from AngioDynamics.
The upcoming earnings results from AngioDynamics could potentially impact its stock price, depending on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
NEUTRAL IMPACT
Investors are awaiting earnings results from MillerKnoll.
The upcoming earnings results from MillerKnoll could potentially impact its stock price, depending on whether the results meet, exceed, or fall short of expectations.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 60
POSITIVE IMPACT
Salesforce shares gained around 4% after the company announced a price increase for some of its cloud and marketing tools.
The announcement of a price increase for some of Salesforce's products is likely to have contributed to the rise in its share price, as it indicates potential for increased revenue.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 80