The Latest Breaking News from Prologis

The market price action has shown everyone that the manufacturing sector could be the one to start outperforming in the coming months.

Despite Prologis’ underperformance relative to the broader market over the past year, Wall Street analysts remain moderately optimistic about the stock’s prospects.

The investment by San Francisco-based developer Prologis was announced days after Labour’s Budget.

December S&P 500 E-Mini futures (ESZ24) are up +0.03%, and December Nasdaq 100 E-Mini futures (NQZ24) are up +0.08% this morning, steadying after yesterday’s slump, while investors awaited the next round of corporate earnings.

Prologis is expected to announce its third-quarter earnings later this month and analysts expect a mid-single-digit earnings growth.

Prologis has underperformed the Dow Jones Industrial Average over the past year, yet analysts remain moderately bullish on the stock’s prospects.

Despite Prologis’ underperformance relative to the broader market over the past year, Wall Street analysts remain bullish about the stock’s prospects.

September S&P 500 E-Mini futures (ESU24) are down -0.79%, and September Nasdaq 100 E-Mini futures (NQU24) are down -1.22% this morning as concerns over stricter U.S. restrictions on Chinese trade and semiconductor technology weighed on sentiment, while investors awaited a fresh batch of U.S. economic data and the next round…

With Prologis gearing up to release its Q2 earnings results later this month, analysts project a high-double-digit decline in earnings.

Prologis has lagged the Nasdaq Composite, but Wall Street analysts remain optimistic about the stock’s outlook.

When defining the beliefs that support any long-term vision, it’s easy to fall into platitudes, Moghadam says.