WS #13976
Strong earnings from Super Micro, CoreWeave, and Nebius, plus Anthropic's $6B Decart acquisition talks, sustain the AI infrastructure rally and lift Asian chip stocks. July CPI at 3.4% YoY, in line with expectations, reduces September Fed hike odds to ~40%, supporting growth stocks and gold, which rose to a two-month high.
AI Infrastructure Rally Continues
Strong earnings from Super Micro, CoreWeave, and Nebius, plus Anthropic's $6B Decart acquisition talks, sustain the AI infrastructure rally and lift Asian chip stocks.
July CPI at 3.4% YoY, in line with expectations, reduces September Fed hike odds to ~40%, supporting growth stocks and gold, which rose to a two-month high.