Investor Sentiment Declines Ahead Of Key Inflation Data
Portfolio Pulse from Lisa Levin
The CNN Money Fear and Greed index showed a decline in investor sentiment on Tuesday, with U.S. stocks closing lower. Oracle reported weak sales and a downbeat revenue forecast, while Apple shares fell after unveiling a new iPhone model. Investors are awaiting key inflation data and earnings results from Cracker Barrel Old Country Store, REV Group, and Semtech Corporation.
September 13, 2023 | 6:46 am
News sentiment analysis
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NEGATIVE IMPACT
Apple shares fell after the company unveiled a new iPhone model.
The unveiling of a new iPhone model, which did not seem to impress investors, led to a fall in Apple's share price.
CONFIDENCE 90
IMPORTANCE 70
RELEVANCE 100
NEGATIVE IMPACT
Oracle reported weak sales for the latest quarter and issued a downbeat revenue forecast.
Oracle's weak sales and downbeat revenue forecast could negatively impact its stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Investors are awaiting earnings results from Cracker Barrel Old Country Store.
The upcoming earnings results from Cracker Barrel Old Country Store could impact its stock price, but the direction is uncertain until the results are released.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from REV Group.
The upcoming earnings results from REV Group could impact its stock price, but the direction is uncertain until the results are released.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80
NEUTRAL IMPACT
Investors are awaiting earnings results from Semtech Corporation.
The upcoming earnings results from Semtech Corporation could impact its stock price, but the direction is uncertain until the results are released.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 80