WS #13967
CoreWeave, Super Micro, Nebius, and Lumentum posted strong earnings, driving AI infrastructure stocks higher and lifting the Nasdaq. July CPI at 3.4% YoY in line with expectations, core at 2.5%, reducing odds of a September Fed rate hike to ~40%.
AI infrastructure earnings surge
CoreWeave, Super Micro, Nebius, and Lumentum posted strong earnings, driving AI infrastructure stocks higher and lifting the Nasdaq.
July CPI at 3.4% YoY in line with expectations, core at 2.5%, reducing odds of a September Fed rate hike to ~40%.