WS #13962
The dominant AI infrastructure trade and oil supply concerns remain unchanged, with no counter-signals or de-escalation to report. This window carries 6 key development(s), 4 at significance:high: CoreWeave, Super Micro, Nebius surge on strong AI earnings, validating AI capex cycle; Cerebras, StubHub, Cisco fall after hours on earnings misses; US July CPI at 3.4% YoY, in line with expectations, easing Fed rate hike fears; Iran insists Strait of Hormuz remains closed, contradicting US claims of normalization. A further 2 development(s) sit below significance:high.
Topics
Key developments
- CoreWeave, Super Micro, Nebius surge on strong AI earnings, validating AI capex cycle
- Cerebras, StubHub, Cisco fall after hours on earnings misses
- US July CPI at 3.4% YoY, in line with expectations, easing Fed rate hike fears
- Iran insists Strait of Hormuz remains closed, contradicting US claims of normalization
- Wendy's surges 15% on Trian-led take-private bid
- Intel upsizes share offering to $20B at $95/share to fund turnaround