The budget has been conservative in its estimates with tax buoyancy for FY27 assumed at 0.8 and lower than the previous year. With the discontinuation of the compensation cess, revenues accruing to the Centre from GST are projected to be lower by 3% in FY27 vis-a-vis FY26. The share of revenue expenditure other than interest in the total expenditure is proposed to be reduced from 52.2% to 50.8%.The government has managed to budget an additional capex of ₹1.26 lakh crore for FY27, reflecting improved quality ...

Visa and Mastercard positioned themselves as the connective tissue between blockchains and everyday commerce.Even as policymakers continue to refine the rules of the road for stablecoins, earnings season offered a clearer view of how the payment networks are already moving from concept to execution.By completing this form, you agree to receive marketing communications from PYMNTS and to the sharing of your information with our sponsor, if applicable, in accordance with our Privacy Policy and Terms and Condi ...

About CLEAR The Federal Reserve Act of 1913 requires each of the Reserve Banks to operate under the supervision of a board of directors. Each Reserve Bank has nine directors who represent the interests of their Reserve District and whose experience provides the Reserve Banks with a wider range of expertise that helps them fulfill their policy and operational responsibilities. The directors of the Reserve Banks act as an important link between the Federal Reserve and the private sector, ensuring that the Fed ...

Core Viewpoint - ClearSecure (YOU) is a US-based digital identity company that has been under observation for over two years, with a previous buy rating issued in 2024 [1] Company Summary - ClearSecure operates in the digital identity sector, focusing on providing secure identity verification solutions [1] Analyst Insights - The analysis reflects a personal opinion of the author, with no current stock or derivative positions in ClearSecure or related companies [1]

Core Insights - Clear Secure's stock closed at $34.13, reflecting a +1.13% increase, outperforming the S&P 500's gain of 0.26% [1] - The company has experienced a significant decline of 14.01% prior to the latest trading session, underperforming compared to the Computer and Technology sector and the S&P 500 [1] Earnings Performance - Clear Secure is expected to report earnings of $0.31 per share, indicating a year-over-year decline of 65.56% [2] - The projected quarterly revenue is $235.72 million, which represents a 14.28% increase from the previous year [2] - For the entire year, earnings are forecasted at $1.13 per share, reflecting a -37.22% change, while revenue is expected to remain flat at $895.73 million [3] Analyst Forecasts - Recent revisions to analyst forecasts for Clear Secure are crucial as they indicate short-term business trends [4] - Upward revisions in estimates suggest analysts' positive outlook on the company's operations and profit generation capabilities [4] Stock Performance and Valuation - The Zacks Rank system currently rates Clear Secure as 1 (Strong Buy), indicating a favorable investment outlook [6] - The Forward P/E ratio for Clear Secure is 23.77, slightly above the industry average of 23.72 [7] - The Internet - Software industry, which includes Clear Secure, holds a Zacks Industry Rank of 57, placing it in the top 24% of over 250 industries [7]

Investors often turn to recommendations made by Wall Street analysts before making a Buy, Sell, or Hold decision about a stock. While media reports about rating changes by these brokerage-firm employed (or sell-side) analysts often affect a stock's price, do they really matter?Before we discuss the reliability of brokerage recommendations and how to use them to your advantage, let's see what these Wall Street heavyweights think about Clear Secure (YOU) .Clear Secure currently has an average brokerage recomm ...

Core Insights - Clear Secure launched the free CLEAR ID in December for over 250 TSA checkpoints across the U.S. [1] - The company reported a significant insider sale by director Adam Wiener, who sold 14,000 shares valued at approximately $490,000 [1][2] - The sale was executed under a Rule 10b5-1 trading plan, indicating it was a pre-planned transaction [6] Financial Performance - Clear Secure reported a total revenue of $866.30 million and a net income of $181.69 million for the trailing twelve months (TTM) [4] - The company achieved a dividend yield of 3.73% and a 1-year price change of 40.18% [4] Insider Trading Activity - The recent sale of 14,000 shares by Wiener is the largest single disposition on record, more than double his recent median sell size of 7,000 shares [6] - This transaction represented 7.79% of Wiener's direct stake, a notable increase from the recent median of 3.53% per trade [6] Company Overview - Clear Secure operates with over 4,000 employees and focuses on advanced identity verification and digital access solutions [8] - The company's core offerings include a secure identity platform, CLEAR Plus aviation subscription service, and virtual queuing solutions [7] Market Position and Growth - Clear Secure's stock has surged around 40% over the last year, significantly outperforming the S&P 500 [11] - The company is expanding its biometric eGate technology across major U.S. airports and has recently launched a free digital ID product [10][12]

Core Insights - Clear Secure's stock closed at $34.38, down 2% from the previous session, underperforming the S&P 500 which gained 0.19% [1] - The company has seen a 6.4% increase in shares prior to the latest trading day, outperforming both the Computer and Technology sector and the S&P 500 [1] Financial Performance - Upcoming EPS for Clear Secure is projected at $0.31, reflecting a significant 65.56% decline compared to the same quarter last year [2] - Revenue is anticipated to be $235.72 million, indicating a 14.28% increase from the same quarter last year [2] - For the annual period, earnings are expected to be $1.13 per share, representing a 37.22% decrease, while revenue is projected to remain flat at $895.73 million [3] Analyst Estimates - Recent changes in analyst estimates for Clear Secure are crucial as they reflect near-term business trends, with upward revisions indicating positive sentiment towards the company's operations [3] - The consensus EPS projection has increased by 2.65% in the past 30 days, and Clear Secure currently holds a Zacks Rank of 3 (Hold) [5] Valuation Metrics - Clear Secure's Forward P/E ratio stands at 24.7, which is higher than the industry's Forward P/E of 24.2, indicating a premium valuation [6] - The Internet - Software industry, part of the Computer and Technology sector, has a Zacks Industry Rank of 63, placing it in the top 26% of over 250 industries [6]

Core Viewpoint - The content emphasizes the importance of conducting personal due diligence and consulting with competent advisors before making any financial decisions, particularly in the context of investments in complex instruments like cryptocurrencies and CFDs [1]. Group 1 - The website provides general news and publications, personal analysis, and opinions, as well as materials from third parties for educational and research purposes [1]. - It explicitly states that the information should not be interpreted as a recommendation or advice for any financial actions, including investments or purchases [1]. - The content is not tailored to individual financial situations or needs, highlighting the necessity for users to exercise their own discretion [1]. Group 2 - The website includes information about cryptocurrencies, CFDs, and other financial instruments, which are characterized as complex and high-risk [1]. - Users are encouraged to conduct their own research before making investment decisions and to fully understand the workings and risks of any financial instruments [1]. - The website may feature advertisements and promotional content, and FX Empire may receive compensation from third parties related to such content [1].

Volkswagen is making progress with its cost-cutting drive, the head of the German carmaker's core brands said in a media interview on Thursday, pointing to headcount reductions and savings at the grou... ...