WS #13909
Ahead of the CPI release, traders are positioning for a binary outcome, with CTA bond shorts at record levels and a hot print potentially triggering a risk-off move. Nvidia's $500B financing initiative with Wall Street firms, CoreWeave's strong results, and BofA's upgrade cycle commentary reinforce the AI capex theme. Reuters initially reported Tata Sons chairman Chandrasekaran's resignation but later clarified he will complete his term, creating confusion with limited market impact. Intel plans to raise $15 billion through a share sale to fund its foundry expansion, causing shares to fall over 4% on dilution concerns.
US CPI and Fed Rate Hike Expectations
Ahead of the CPI release, traders are positioning for a binary outcome, with CTA bond shorts at record levels and a hot print potentially triggering a risk-off move.
Nvidia's $500B financing initiative with Wall Street firms, CoreWeave's strong results, and BofA's upgrade cycle commentary reinforce the AI capex theme.
Reuters initially reported Tata Sons chairman Chandrasekaran's resignation but later clarified he will complete his term, creating confusion with limited market impact.
Intel plans to raise $15 billion through a share sale to fund its foundry expansion, causing shares to fall over 4% on dilution concerns.