US Stocks Steady After Inflation Data; Applied Materials, Airbnb Rally

• US equities held steady on Friday after January inflation data, following a previous session's decline.
• Consumer Price Index (CPI) rose 0.2% in January (2.4% year-on-year), below economists' expectations.
• Applied Materials surged 13% on strong earnings and outlook; Airbnb climbed 6% on positive guidance.
• Pinterest fell 24% after missing Q4 estimates and issuing a weak forecast.
• Stronger-than-expected jobs data could delay Federal Reserve interest rate cuts, impacting stock prices.