US GDP, retail earnings, C3.ai CEO talks demand: Morning Brief

In This Article:

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.