When Visa Inc. reports earnings after Tuesday's closing bell, investors will be keen on hearing the financial-technology giant's outlook for the year ahead. As Visa's fiscal year just concluded, the upcoming report is expected to include a new annual outlook. Forecasting consumer spending for the upcoming year is always a challenge, but the current environment is particularly … [Read more...] about Visa Inc. Reports Earnings: What to Watch For
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Lindsay Reports Strong Fiscal Fourth Quarter Results
Shares of Lindsay, a supplier of irrigation and road-infrastructure services, experienced a significant surge after announcing its fiscal fourth-quarter results that outperformed expectations set by Wall Street analysts. The stock soared by nearly 24% to $132.22 during morning trading. Although shares are still down by approximately 19% year-to-date, the positive earnings … [Read more...] about Lindsay Reports Strong Fiscal Fourth Quarter Results
The Potential Government Shutdown: Should Investors Be Concerned?
With less than two weeks remaining for Congress to reach a budget agreement for the U.S. federal government before the Oct. 1 deadline, the impending issue is expected to dominate headlines and political discussions. However, investors are advised not to overreact as history suggests that this shutdown too shall pass. Treasury Secretary Janet Yellen expressed her views on the … [Read more...] about The Potential Government Shutdown: Should Investors Be Concerned?
Palantir Technologies Stock Downgraded
Palantir Technologies saw its stock tumble after an analyst downgraded the company's outlook for the near term. Keith Weiss from Morgan Stanley lowered his call on Palantir (PLTR) to Underweight from Equal Weight. However, he did raise his target for the stock price to $9 from $8. In a research note, Weiss expressed his concerns about the visibility and monetization of … [Read more...] about Palantir Technologies Stock Downgraded
Stock Market Recap: Mixed Results for August’s Start
Yesterday, the stock market kicked off August with a mixed performance. Out of the three major indexes, the Dow Jones Industrial Average (DJIA) was the only one to see a modest gain. The DJIA rose around 71 points, or 0.2%, to close near 35,630, according to preliminary data from FactSet. While the Dow managed to secure its third consecutive session of gains, the S&P 500 … [Read more...] about Stock Market Recap: Mixed Results for August’s Start
