Reported 2 months ago
In July, the Producer Price Index (PPI) increased by 0.1% month-over-month and 2.2% year-over-year, underperforming economists' predictions, positively impacting stock futures. Starbucks shares surged as CEO Laxman Narasimhan announced his departure, with Chipotle CEO Brian Niccol taking over from September 9. Additionally, Elon Musk hosted former President Donald Trump in a livestream interview where they covered topics including inflation and immigration.
Source: YAHOO