Wall Street Eyes Inflation Data and Snowflake CEO Retirement

Thursday, 29 February 2024, 12:31

Investors are closely watching the latest inflation data for insights into the Federal Reserve's next steps. Today, the focus is on the January PCE reading, a key measure of inflation. Tech industry news includes Snowflake's CEO Frank Slootman retiring, impacting the company's shares. Other movers include Salesforce exceeding earnings expectations and Birkenstock beating revenue estimates post IPO. Yahoo Finance trends feature C3.ai, Dogecoin, and Okta. Key guests today comprise CEOs from prominent companies like C3 AI, Celsius, Nutanix, CRH, Samara, and Cava.
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Wall Street Eyes Inflation Data and Snowflake CEO Retirement

Wall Street Focus

Investors are closely monitoring the latest inflation data to gauge the Federal Reserve's future actions. The spotlight is on the January PCE reading, a critical indicator of inflation

Tech Industry News

  • Snowflake's CEO, Frank Slootman, announced retirement, leading to a plunge in company shares

Market Movers

  • Salesforce exceeds earnings expectations
  • Birkenstock beats revenue estimates post IPO

Featured Trends

  • C3.ai, Dogecoin, and Okta are among trending tickers on Yahoo Finance

Key Guests

  • Notable CEOs today include Tom Siebel from C3 AI, John Fieldly from Celsius, Rajiv Ramaswami from Nutanix, Albert Manifold from CRH, Mike McNamara from Samara, and Brett Schulman from Cava

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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