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CPI Takes the Baton as AI Gets a Second Chance

NowPress play to follow along0:00 / 2:32
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Breakdown

0:00CPI· ticker

CPI confirms payrolls relief, Fed guidance thin

  • CPI up 0.1% MoM, 3.4% YoY
  • Core CPI held steady at 2.5% YoY
  • Market accepts growth risk due to falling yields
  • Fed less likely to hike in September
  • Markets split on September hike vs pause
1:44Coreweave· ticker

Coreweave beats estimates, AI demand strong

  • Coreweave beats Q2 estimates, 18% pre-market rise
  • Revenue more than doubled
  • Backlog above $100B
  • Market accepts capital-intensive model
  • Demand signal strong enough
1:45Crude Oil· ticker

Oil remains pressure point amid Hormuz tensions

  • Brent near $90, WTI mid-low $80s
  • Oil remains pressure point for yields
  • Hormuz remains key issue
  • Iran demands US concessions
  • Equities tolerate Brent <90, WTI in 80s

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