Previous close | 6.70 |
Open | 6.45 |
Bid | 6.40 |
Ask | 6.55 |
Strike | 105.00 |
Expiry date | 2024-09-20 |
Day's range | 6.28 - 6.45 |
Contract range | N/A |
Volume | |
Open interest | 2.93k |
Stocks (^DJI, ^IXIC, ^GSPC) are on the path to open the Thursday session amidst Wall Street's outlook on the Federal Reserve's monetary policy and slowing growth in US GDP (Gross Domestic Product). CFRA Research Chief Investment Strategist Sam Stovall sits down with Morning Brief Hosts Seana Smith and Brad Smith, diving into whether interest rates matter more to markets than Friday's Personal Consumption Expenditures (PCE) print. Loop Capital Markets Managing Director Anthony Chukumba weighs in on the state of the US consumer by analyzing retail earnings out from discount store Dollar General (DG) and electronics outlet Best Buy (BBY). Other top stocks trending on recent earnings results include Salesforce (CRM), Foot Locker (FL), Kohl's (KSS), and Okta (OKTA). C3.ai (AI) Founder, Chairman and CEO Tom Siebel also joins the show to discuss the artificial intelligence developer's fiscal fourth-quarter earnings and the use cases pushing AI demand. This post was written by Luke Carberry Mogan.
According to a Yahoo Finance source, Activist investor Nelson Peltz has officially divested his entire stake in Disney (DIS). This development comes after Peltz's unsuccessful proxy battle, in which shareholders voted against granting him a seat on Disney's board. Yahoo Finance's Alexandra Canal breaks down the details. Read more about Nelson Peltz here. Read more about Disney's proxy battle here. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Angel Smith
Stocks (^DJI, ^IXIC, ^GSPC) don't seem so confident ahead of Thursday's market open on the likelihood of the Federal Reserve holding interest rates higher for longer. Additionally, US GDP (Gross Domestic Product) rose by 1.3% in the first quarter of 2024. Salesforce (CRM) shares have slid by over 16% after reporting mixed first-quarter earnings figures after the market close on Wednesday. The cloud computing company missed on its second-quarter earnings guidance. Activist investor Nelson Peltz sold off his entire stake in Disney (DIS) after losing his proxy battle to obtain a seat on the entertainment giant's board. For more expert insight and the latest market action, click here to watch this full episode of Morning Brief. This post was written by Luke Carberry Mogan.