Wall Street Braces for Inflation Data as Hormel and C3.ai Stocks Rally
- Wall Street set for modest losses Thursday ahead of closely watched inflation data
- January inflation forecast to tick down to 2.3% from December's 2.6%
- Processed food maker Hormel jumps nearly 5% after breezing past profit targets
- AI software maker C3.ai stock up 15% as revenue grows 18% year-over-year
- Bitcoin trades above $62K after briefly topping $64K Wednesday