The Consumer Price Index (CPI) for July was released this morning. Economists had expected to see an increase of 3% year-over-year, the same rate as June, with core CPI expected to fall to 3.2% from 3.3% in June, its lowest level since 2021. Family-owned candy giant Mars is set to acquire Kellenova (K) in a massive deal worth nearly $36 billion. Kellenova brands include Pringles, Eggo, and Pop-Tarts. Trending Tickers on Yahoo Finance include Starbucks (SBUX), Chipotle (CMG), and UBS Group (UBS).
Top guests today include:
8:35 AM: Nathan Sheets, Citi Chief Global Economist &
Nicholas Brooks, ICG Head of Economics and Investment Research
8:45 AM: David Rogal, BlackRock Portfolio Manager, Fundamental Fixed Income Group
9:05 AM: Mark Zandi, Moody’s Analytics Chief Economist
9:30 AM: Brent Thill, Jefferies Senior Analyst
9:45 AM: Krishna Guha, Evercore ISI Vice Chairman
9:50 AM: Bill Baer, Former US Assistant Attorney General of the Antitrust Division
10:15 AM: Aaron Alt, Cardinal Health CFO
11:00AM: Ken Mahoney, Mahoney Asset Management CEO
11:30 AM: Richard Gelfond, IMAX CEO