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S&P 500 Up on CoreWeave AI Optimism; July CPI at 3.4%
US stocks closed with the S&P 500 ending higher on CoreWeave-fueled AI optimism, while broader markets stayed mixed after July CPI rose 0.1% to a 3.4% annual rate and core inflation came in subdued.
S&P 500 Rises on Tame Inflation; CoreWeave Fuels AI Rally
The S&P 500 closed higher after a tame consumer inflation report lifted the tech sector, with CoreWeave's earnings fueling AI optimism across multiple AI-infrastructure names and related movers.
CoreWeave jumps 19%, Nebius 34% on blockbuster AI earnings
AI neocloud providers CoreWeave and Nebius surged in post-earnings trading after reporting explosive revenue growth fueled by hyperscaler demand, though CoreWeave's operating losses widened as it ramp
Nebius Surges 28% on Revenue Beat as GPU Prices Triple
Nebius shares jumped 28% after the Nvidia-backed AI cloud company posted a quarterly revenue beat, with Barron's suggesting Michael Burry may be helping fuel the rally and Morningstar flagging that GP
Bitcoin Barely Budges as July CPI Hits 3.4%
U.S. July inflation cooled to 3.4% annually as economists expected, but Bitcoin barely reacted — climbing just 0.3% to roughly $63,750 — because traders had already priced in the dovish data weeks bef
Consumer prices rose 0.1% in July, as expected, putting the annual rate at 3.4%
July's consumer price index rose just 0.1%, reinforcing expectations that the Federal Reserve will hold rates steady next month as traders cut September hike odds to 42%.
Kalshi Streams Order Book Data via DoubleZero Edge
Prediction market Kalshi is distributing its real-time order book through DoubleZero Edge's fiber network, giving trading firms subscription access to live sports and crypto data in a machine-readable
Bulls Pile Into Calls But Hoard Cheap Crash Puts
The S&P 500 sits at an all-time high with VIX near yearly lows, but beneath the calm, traders are simultaneously holding the most bullish S&P call positioning in a year while hoarding deep out-of-the-
CoreWeave Surges 20% on Doubled Revenue
CoreWeave shares surged 20% after the AI cloud company reported earnings showing revenue doubled year-over-year, with management calling it "an important inflection point" and pulling up other AI infr
CoreWeave stock soars after company narrows Q2 losses - Yahoo Finance
CoreWeave shares jumped 20% in premarket trading after the company reported a 'cleaner quarter' with narrowed Q2 losses and revenue that doubled from a year earlier, driven by booming demand for AI co
Russia restricts retail crypto to bitcoin, ether, USDT
Russia's central bank will limit retail crypto trading on regulated exchanges to bitcoin, ether, and USDT starting September 1, capping non-qualified investors at 300,000 rubles (~$3,600) per intermed
AI Buildout Adds to Inflation, Splits the Fed
The AI industry's massive spending on data centers, chips, and electricity is driving near-term price increases before any productivity payoff materializes, putting the Federal Reserve in a difficult
U.S. consumer prices rise slightly in July, easing inflation concerns
U.S. consumer prices rose just 0.1% in July after June's surprise decline, keeping annual inflation at 3.4% and weakening the case for a Federal Reserve interest rate hike at next month's policy meeti
CoreWeave surges 16% on $2.58 billion revenue quarter as AI infrastructure demand eclipses crypto
CoreWeave reported Q2 revenue of $2.58 billion, more than doubling year-over-year and beating analyst expectations, sending shares up nearly 17% pre-market. The AI infrastructure provider raised its 2
July CPI Report Set for Wednesday as Markets Await Fed Signal
July CPI data due Wednesday is expected to show a moderate consumer price increase as gasoline eased, placing the Federal Reserve's next rate decision under direct market scrutiny.
Lumentum Guides Q1 FY2027 Revenue $1.225B-$1.275B
Lumentum guided Q1 FY2027 revenue to $1.225B-$1.275B with a 39.5%-40.5% operating margin, following Q4 results that beat estimates as new products ramped.
Super Micro Q4 Outlook Tops Estimates; SMCI Jumps
Super Micro Computer's Q4 sales outlook surpassed even the most optimistic analyst projection, sending SMCI shares higher in premarket trading as the CFO detailed a $60 billion orderbook spanning emer
Aurora Cannabis to Review Takeover Bid From Rival Curaleaf - WSJ
Curaleaf has launched a $272 million hostile takeover bid for Aurora Cannabis, and Aurora's board is reviewing the unsolicited offer.
US Stocks Slip as Oil Swings, Iran Impasse Drags Tech
US stocks retreated further from recent records as volatile oil prices and an unresolved US-Iran standoff dragged on sentiment, with tech shares and Alphabet leading the slide.
U.S. Stocks Slide as Iran Keeps Strait of Hormuz Shut
U.S. equities dropped after Iran declared the Strait of Hormuz will remain closed, pushing the S&P 500 to back-to-back losses as a tech sell-off and U.S.-Iran impasse rattled investors.
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