Archive snapshot · Markets
Wed, Aug 12, 9:45 PM ET
July CPI rises 0.1% monthly, annual rate slows to 3.4%, meeting expectations
The tame July inflation reading calms fears of an earlier-than-expected Fed rate hike, lifting S&P 500 and Nasdaq while leaving the Dow flat to slightly lower.
US Top News and Analysis · +14 outlets
CoreWeave shares surge 19% after Q2 revenue doubles on surging AI demand; Nebius jumps 34%
The neocloud providers report blowout earnings that reinforce optimism around AI infrastructure spending and justify rising capex commitments.
US Top News and Analysis · +14 outlets
Strait of Hormuz ship traffic near three-month low as U.S.-Iran deal remains in doubt
Traffic through the vital chokepoint is roughly 90% below pre-conflict averages and oil stockpiles are rapidly depleting, according to the IEA.
US Top News and Analysis · +14 outlets
Cisco reports record AI-driven networking sales but stock pulls back on profit-taking
Cisco posts an 18% revenue surge and strong 2027 guidance, but the stock gives back gains as investors weigh whether AI momentum is already priced in.
MarketWatch.com · +4 outlets
Gas prices hit record high for mid-August as oil supply fears persist
Americans are paying more at the pump than ever before for this time of year as geopolitical tensions and supply constraints keep crude elevated.
Yahoo Finance · +14 outlets
Trump sued over selling early access to Truth Social posts that move financial markets
A lawsuit filed in Manhattan federal court alleges the paid pre-release access program is unconstitutional and 'profoundly corrupt'.
US Top News and Analysis · +14 outlets
Super Micro stock rallies on Q4 earnings beat and strong Q1 sales forecast
Super Micro impresses with profitability and revenue projections, though some analysts question whether the momentum can be sustained.
MarketWatch.com · +14 outlets
Cerebras stock plunges 14-16% after Q2 earnings fail to impress despite revenue beat
The AI chip startup beats revenue estimates and raises full-year guidance, but investors were hoping for stronger signals on future demand.
US Top News and Analysis · +1 outlets
Wendy's stock jumps on report Nelson Peltz's Trian Fund Management prepares takeover bid
Trian, which has a long activist history with Wendy's, is said to be exploring an acquisition of the burger chain.
US Top News and Analysis · +7 outlets
Oracle founder Larry Ellison joins Wall Street giants betting on Nvidia chips via AI infrastructure fund
Apollo, BlackRock, Blackstone, Brookfield, Goldman Sachs, and KKR partner with Nvidia to establish AI compute infrastructure.
ft.com · +5 outlets
South Korea Kospi enters bull market in about a month as AI trade roars back
The benchmark index rallies sharply on strength in memory chip and AI-related stocks such as SK Hynix and Samsung.
US Top News and Analysis · +14 outlets
Google launches Pixel 11 with Gemini at center of AI phone battle with Apple
Google unveils its latest flagship weeks before Apple is expected to roll out a rebuilt Siri powered by Gemini AI models.
US Top News and Analysis · +2 outlets
SpaceX stock rebounds more than 40% off low as short sellers retreat
Short interest falls sharply from 34% to about 11% of publicly traded shares as Elon Musk's all-hands meeting and Starlink progress buoy sentiment.
US Top News and Analysis · +4 outlets
Goldman Sachs says Japan's $1 trillion reserves leave 'plenty of capacity' for more yen intervention
Despite historic joint U.S.-Japan intervention, the yen continues to slide as fundamental pressure persists, but Goldman sees ample firepower for further action
US Top News and Analysis · +3 outlets
Ford to boost U.S. Lincoln production starting in 2030 as it phases out China imports
Ford shifts Lincoln production to the U.S., ending imports of vehicles from China as trade tensions reshape auto supply chains.
US Top News and Analysis · +8 outlets
U.S. budget deficit surged in July to highest level since March 2021
The 10-month cumulative deficit for the fiscal year reached nearly $1.8 trillion, exceeding the same period in 2025.
US Top News and Analysis · +14 outlets
Norway's $1.7 trillion sovereign wealth fund posts record $184 billion profit, reveals SpaceX stake
The world's largest sovereign wealth fund discloses for the first time a holding in SpaceX amid a banner year for its equity portfolio.
CNBC · +4 outlets
Lumentum stock surges on stellar earnings, boosting optical-networking trade
Excitement builds for Coherent's upcoming report after Lumentum's blowout results extend the hot run for optical components.
MarketWatch.com · +4 outlets

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