Morning Brief Futures in the red, Adobe, Meta’s $1M donation to Trump’s inaugural fund
Dec 12, 2024
52:55
It’s another busy day for Wall Street traders. Today on Morning Brief, anchors Seana Smith and Brad Smith tackle the biggest market stories and speak to top Wall Street experts ahead of the opening bell. Our hosts analyze some of the top trending tickers: Meta (META), ServiceTitan (TTAN), Microsoft (MSFT), Uber (UBER)
Takeaways:
- U.S. Stock futures are in the red after the latest read on producer prices showed headline inflation coming in hotter than expected. ECB cut interest rates by a quarter-point.
- Adobe (ADBE) shares plunge after tepid forecast. The outlook underscoring anxieties that the software giant could be disrupted by emerging AI-based startups.
- Meta (META) donated $1M to President-elect Trump’s inaugural fund as part of an effort to build a positive relationship with the administration.
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Yahoo Finance's Morning Brief is hosted by Seana Smith and Brad Smith.
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