Yahoo Finance's Morning Brief: Key Insights on Early Session Volume and PCE

TLDRStocks tick higher after early session volume and PCE data matches expectations. Salesforce and Snowflake deliver mixed earnings. Bitcoin sees a slight rise. The Fed's preferred inflation gauge reveals moderate growth. The labor market remains resilient. Salesforce announces a dividend and new buyback plan. The company continues to innovate in AI.

Key insights

📈Stocks tick higher after early session volume and PCE data matches expectations.

💼Salesforce and Snowflake deliver mixed earnings, with Salesforce announcing a dividend and new buyback plan.

📈Bitcoin sees a slight rise, reaching near all-time highs.

💰The Fed's preferred inflation gauge reveals moderate growth, with markets now pricing in three interest rate cuts for 2024.

💼The labor market remains resilient, showing some loosening but still relatively tight.

Q&A

What were the key highlights of Salesforce's earnings report?

Salesforce delivered mixed earnings, with revenue guidance slightly below consensus. However, the company announced a dividend and a new $10 billion buyback plan.

How is the labor market performing?

The labor market remains resilient, with some loosening but still relatively tight.

What is the current state of Bitcoin?

Bitcoin has seen a slight rise, reaching near all-time highs.

What is the Fed's preferred inflation gauge showing?

The Fed's preferred inflation gauge reveals moderate growth, with markets now pricing in three interest rate cuts for 2024.

What is the categorization of the video content?

The video content is categorized as Finance.

Timestamped Summary

00:09Yahoo Finance's Morning Brief provides key insights on early session volume and PCE data.

01:03Stocks tick higher after early session volume and PCE data matches expectations.

01:53Salesforce and Snowflake deliver mixed earnings, with Salesforce announcing a dividend and new buyback plan.

02:27Bitcoin sees a slight rise, reaching near all-time highs.

03:00The Fed's preferred inflation gauge reveals moderate growth, with markets now pricing in three interest rate cuts for 2024.

03:32The labor market remains resilient, showing some loosening but still relatively tight.

08:53Salesforce delivers mixed earnings, with revenue guidance slightly below consensus. However, the company announces a dividend and a new $10 billion buyback plan.

13:19The video content is categorized as Finance.