WS #13955
Cisco, Cerebras, Coherent, CoreWeave reported mixed results; CoreWeave surged on $104B backlog, while Cerebras and Coherent fell despite beats. US July CPI at 3.4% YoY, 0.1% MoM, in line with estimates, reducing odds of Fed rate hike in September and supporting tech/growth stocks. MSCI World additions include SanDisk, Carpenter Tech, ATI, driving passive flows into these names.
AI infrastructure earnings season
Cisco, Cerebras, Coherent, CoreWeave reported mixed results; CoreWeave surged on $104B backlog, while Cerebras and Coherent fell despite beats.
US July CPI at 3.4% YoY, 0.1% MoM, in line with estimates, reducing odds of Fed rate hike in September and supporting tech/growth stocks.
MSCI World additions include SanDisk, Carpenter Tech, ATI, driving passive flows into these names.