
CoreWeave jumps on AI demand as markets brace for CPI | Morning Bid
Investors push CoreWeave shares higher after the AI cloud company reported strong results and highlighted more than $100 billion in backlogged orders. Meanwhile, markets are bracing for a closely-watched U.S. inflation report that could shape the Federal Reserve's next move. And oil prices continue to climb as Red Sea attacks persist and progress in U.S.-Iran talks remains elusive.
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Video Summary
AI GeneratedThis episode of Reuters Morning Bid discusses the high stakes surrounding upcoming US inflation reports and their impact on Federal Reserve policy. The conversation also covers rising oil prices due to Middle East tensions and the continued surge in AI-driven infrastructure demand, highlighted by strong earnings from CoreWeave.
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