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MARKETS LIVE BLOG:

STOCKS TRADE HIGHER; DISNEY SINKS AFTER EARNINGS

Apple reportedly designing its own AI chips for data centres

Inflation mentioned by two-thirds of S&P 500 companies on earnings calls

Yahoo Finance Video

Yahoo Finance's Brian Sozzi breaks down the stat of the day as inflation remains top of mind for companies and the Fed.

Video Transcript

[AUDIO LOGO]

BERNIE SANDERS: [INAUDIBLE]

[LAUGHTER]

Completely, Julie. All right, to our Stat of the Day here. The Federal Reserve may be on an inflation fighting campaign but it's not doing much to calm the nerves of executives on the topic of higher prices. About two-thirds of companies in the S&P 500 that reported earnings in the first two weeks of the reporting season, had execs mention inflation on the earnings call. That data is compliments of FactSet.