Inflation Situation and Markets, Oracle Surges on AI, Southwest's Boeing Challenge 3/12/24

Published: March 12, 2024, 2:48 p.m.

b"Ahead of next week's Fed meeting, Carl Quintanilla, David Faber and Mike Santoli explored market reaction to key inflation data:\\xa0The February Consumer Price Index. AI news in the spotlight: Oracle shares soared after the company posted an earnings beat -- and BofA raised its\\xa0S&P 500 profit forecast for 2024. Also in focus: JPMorgan Chase CEO Jamie Dimon\\u2019s latest recession message, Southwest shares take a hit on Boeing-related woes,\\xa03M selects a new CEO, Paramount deal speculation, the Co-CEOs of athletic footwear and apparel maker On Holding at Post 9 on quarterly results that sent the stock tumbling.\\xa0 \\n\\n\\n\\nSquawk on the Street Disclaimer"