Yahoo Finance anchors Julie Hyman and Josh Lipton preview the major events slated for Thursday, February 29. The Personal Consumption Expenditures (PCE) index will be closely watched for the latest inflation data and clues into the Federal Reserve's interest rate cut plans. Several Fed officials are also scheduled to speak, including Governor Christopher Waller, Atlanta's Raphael Bostic, Chicago's Austan Goolsbee, and Cleveland's Loretta Mester. Their commentary will provide further insights into potential rate cuts. On the earnings front, reports are expected out from companies like Bath & Body Works (BBWI), Dell (DELL), and Best Buy (BBY). For more expert insight and the latest market action, click here to watch this full episode of Yahoo Finance Live. Editor's note: This article was written by Angel Smith
HP missed estimates on its first quarter revenue as the PC market continues to struggle.
Magnachip (MX) delivered earnings and revenue surprises of 30% and 3.10%, respectively, for the quarter ended December 2023. Do the numbers hold clues to what lies ahead for the stock?