CoreWeave jumps on AI demand as markets brace for CPI | Morning Bid

CoreWeave jumps on AI demand as markets brace for CPI | Morning Bid

Aug 12, 2026  #News #Newsfeed

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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