Inflation reading in focus, Snowflake shares plunge: Yahoo Finance Live
Wall Street is focused on critical inflation data as investors look for clues about the Federal Reserve's next move. This morning, we got the reading on January PCE, the central bank's preferred data point regarding inflation. In tech, Snowflake (SNOW) shares are plunging this morning after the company announced CEO Frank Slootman is retiring. Slootman was at the helm when the company went public in 2019. Other top names on the move this morning include Salesforce (CRM), whose earnings topped expectations, and Birkenstock (BIRK), which topped revenue estimates in its first report since going public. Yahoo Finance trending tickers include C3.ai (AI), Dogecoin (DOGE-USD), and Okta (OKTA).
Key guests include:
9:40 a.m. ET - Tom Siebel, C3.ai CEO
9:50 a.m. ET - John Fieldly, Celsius CEO
10:15 a.m. ET - Rajiv Ramaswami, Nutanix CEO
10:30 a.m. ET - Albert Manifold, CRH CEO
11:15 a.m. ET - Mike McNamara, Samara CEO
11:40 a.m. ET - Brett Schulman, Cava CEO
