BBY Jul 2024 67.500 put
- Yahoo Finance Video
Retail earnings, Salesforce slides: Market Domination
Shares of Salesforce (CRM) dipped on Thursday after the company missed revenue estimates and reported a weaker-than-expected outlook, while Okta (OKTA) beat first quarter earnings estimates and lifted its adjusted earnings forecast. The company's CEO, Todd McKinnon, joins Market Domination to offer insight into Okta's earnings and the necessity of its identity management services for AI players. Shares of Dollar General (DG) slid despite positive earnings; CFO Kelly Dilts claims the discount retailer anticipates heightened price sensitivity in 2024. The latest segment of Good Buy or Goodbye also hones in on the top stock picks in the real estate sector. For more expert insight and the latest market action, click here
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US GDP, retail earnings, C3.ai CEO talks demand: Morning Brief
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.
