Fear & Greed Index Moves To 'Neutral' Zone As Nasdaq Falls For 4th Session
Portfolio Pulse from Lisa Levin
The CNN Money Fear and Greed index moved to the 'Neutral' zone as Nasdaq recorded losses for the fourth straight session. Apple Inc shares fell 2.9% amid reports of China expanding its ban on the use of iPhones. C3.ai shares declined over 12% after the company said it does not expect to be profitable in Q4. Investors are awaiting earnings results from The Kroger Co., Hooker Furnishings Corporation, and Rent the Runway, Inc.
September 08, 2023 | 6:18 am
News sentiment analysis
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NEGATIVE IMPACT
Apple shares fell 2.9% amid reports of China expanding its ban on the use of iPhones.
The expansion of the iPhone ban in China could significantly impact Apple's sales and revenue, leading to a potential decrease in its stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEGATIVE IMPACT
C3.ai shares declined over 12% after the company said it does not expect to be profitable in Q4.
The company's announcement of expected lack of profitability in Q4 could lead to a decrease in investor confidence, potentially driving the stock price down.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors are awaiting earnings results from Hooker Furnishings Corporation.
The upcoming earnings report could influence the stock price of Hooker Furnishings Corporation, but the direction of the impact is uncertain until the results are released.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Investors are awaiting earnings results from The Kroger Co.
The upcoming earnings report could influence the stock price of The Kroger Co., but the direction of the impact is uncertain until the results are released.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50
NEUTRAL IMPACT
Investors are awaiting earnings results from Rent the Runway, Inc.
The upcoming earnings report could influence the stock price of Rent the Runway, Inc., but the direction of the impact is uncertain until the results are released.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 50