WS #14011
LITE and COHR report record results and strong guidance, while AMD plans $5B bond sale and IREN's AI cluster accepted by Microsoft, reinforcing the AI capex supercycle. July PPI came in cooler than expected, cutting September Fed hike odds to ~35% and lifting stocks toward records. Anthropic's CFO leads early IPO meetings without discussing valuation, with investors expecting a $2T+ valuation. Cisco and Cerebras sell off sharply on AI revenue disappointments, injecting caution into the AI trade.
AI infrastructure buildout accelerates
LITE and COHR report record results and strong guidance, while AMD plans $5B bond sale and IREN's AI cluster accepted by Microsoft, reinforcing the AI capex supercycle.
July PPI came in cooler than expected, cutting September Fed hike odds to ~35% and lifting stocks toward records.
Anthropic's CFO leads early IPO meetings without discussing valuation, with investors expecting a $2T+ valuation.
Cisco and Cerebras sell off sharply on AI revenue disappointments, injecting caution into the AI trade.