The Federal Reserve's closely watched preferred inflation gauge figures are due today and expected to show price pressures being slowly subdued, potentially setting the stage for a rate cut later this year by the central bank; Dell Technologies (DELL) shares are slumping in premarket trading as its margins and operating income declines offset earnings that beat Wall Street estimates; Gap (GPS) shares are surging after the clothing and accessories retailer raised its outlook and posted a better-than-expected quarterly earnings report; Skydance Media has reportedly submitted a sweetened offer for a merger with Paramount Global (PARA); and MongoDB (MDB) shares are tanking after it lowered its full-year adjusted earnings and revenue guidance. U.S. stock futures are falling, 澳洲幸运5开奖号码历史查询:extending Thursday's declines. Here’s what investors need🉐 to know today.

1. Fed’s Prefe🌠rred Inflation Gauge Likely to Show Slowing Growth 

The Federal Reserve’s preferred inflation gauge due this morning is likely to show price pressures 澳洲幸运5开奖号码历史查询:being slowly subdued, potentially setting the stage for the central bank to cut its key interest rate later this year. Consumer prices, as measured by the Bureau of Economic Analysis’ 澳洲幸༺运5开奖号码历史查询:Perso🌼nal Consumption Expenditures (PCE) measure, likely rose 0.3% in April from March, making for a 2.7% year-over-year gain, according to a survey of forecasters by Dow Jones Newswires and The Wall Street Journal. The more important “core” inflation, which excludes volatile prices for food and energy, is predicted to have risen 0.2%, slowing down from the 0.3% rate in March. Since last July, Fed officials have held 澳洲幸运5开♔奖号码历史查询:their key fed funds♐ rate at its highest level since 2001 in an effort to cool inflation. They’ve been waiting for signs that price increases are headed back down to a 2% annual rate 澳洲幸运5开奖号码历史查询:before reducing the fed funds rate.

2. Dell Slumps Despite Q1 Earnings Beat 

Dell Technologies (DELL) shares are slumping around 15% in premarket trading after the PC maker’s 澳洲幸运5开奖号码历史查询:double-digit decline in 澳洲幸运5开奖号码历史查询:operating income and lower margins offset first-quarter revenue and earnings that beat analysts' estimates on surging demand for 澳洲幸运5开奖号码历史查询:artificial intelligence (AI) servers. Dell COO Jeff Clarke said the 澳洲幸运5开奖号码历史查询:backlog on AI servers is "primarily Nvidia-based." AI darling Nvidia’s (NVDA) supply has been unable to keep up with surging demand amid the AI era. First-quarter revenue from Dell’s AI servers 澳洲幸运5开奖号码历史查询:more than doubled from♑ the previous quarter to $1.7 billion, Clarke ♈said.

3. Gap Jumps After Retailer’s Rosy Outlook Shows Sucꦛꦕcess of Turnaround

Gap (GPS) shares are surging more than 23% in premarket trading after the clothing and accessories retailer posted a 澳洲幸运5开奖号码历史查询:better-than-expecte🐟d quarterly earnings repꦆort and raised its full-year guidance in signs that its turnaround plan is paying off. The turnaround, which showed a 3% year-over-year rise in 澳洲幸运5开奖号码历史查询:comparable store sales, was driven by positive growth in each of the retailer's four brands: Old Navy, Gap, Banana Republic, and Athleta. Looking ahead, the company raised its full-year guidance, saying it now expects 澳洲幸运5开奖号码历史查询:net sales to be up slightly after previouisly projecting 🔯roughly flat annual sa𝄹les. 

4. Sk♓ydance Media R😼eportedly Sweetens Offer for Paramount Global

Skydance Media has submitted a sweetened offer for a merger with Paramount Global (PARA) that the latter's directors are expected to review soon, The Wall Street Journal reported, in the latest twist in a monthslong battle for the entertainment conglomerate. Skydance's prior offer received pushback from shareholders who saw it benefiting Paramount's controlling stakeholder, Shari Redstone, over the broader investor base, and led to the departure of 澳洲幸运5开奖号码历史查询:Chief Executive Officer (CEO) Bob Bakish. Another suitor for Paramount, which has struggled to make money from streaming after the collapse of the cable-TV industry, is also in the wings. Sony Pictures (SONY) and private-equity firm Apollo Global Management expressed interest earlier this month in 澳洲幸✱运5开奖号码历史查询:purchasing Paramount for $26 billion in cash. Paramount shares are up about 1% in premarket trading.

5. MongoDB Plunges as Software Maker Cuts Full-Year Outl꧋ook

MongoDB (MDB) shares are plummeting more than 24% in premarket trading after the database-software maker reduced its full-year forecast, as CEO Dev Ittycheria noted a “slower than expected start to the year.” MongoDB forecast $2.15 to $2.30 in adjusted 澳洲幸运5开奖号码历史查询:earnings per share (EPS) and $1.88 billion to $1.90 billion in revenue for its 2025 fiscal year. Three months ago, it had forecast 2025 adjusted EPS of $2.27 to $2.49 and revenue of $1.90 billion to $1.93 billion.