WS #13922
July CPI matched expectations, lowering September Fed hike probability to ~42-46%, supporting equity futures and Treasury yields. CoreWeave, SMCI, Nebius beat and raise, reinforcing AI capex trade; Foxconn profit surge confirms AI server demand.
CPI in line, Fed hike odds drop
July CPI matched expectations, lowering September Fed hike probability to ~42-46%, supporting equity futures and Treasury yields.
CoreWeave, SMCI, Nebius beat and raise, reinforcing AI capex trade; Foxconn profit surge confirms AI server demand.