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CoreWeave Quiets Doubts, US CPI Fuels Fed-Hike Bets

Traders piled back into the artificial intelligence trade, lifting US stock futures following strong results from beaten-down neocloud firm CoreWeave and robust demand for Anthropic’s initial public offering. The US bond market tumbled in yesterday's trade, sending short-term yields surging by the most in 19 months, after consumer prices rose at a faster-than-expected pace and Federal Reserve officials warned the central bank may need to increase interest rates more aggressively. The Opening Tr…

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BloombergLean L·2h ago
CoreWeave Quiets Doubts, US CPI Fuels Fed-Hike Bets
Traders piled back into the artificial intelligence trade, lifting US stock futures following strong results from beaten-down neocloud firm CoreWeave and robust demand for Anthropic’s initial public offering. The US bond market tumbled in yesterday's trade, sending short-term yields surging by the most in 19 months, after consumer prices rose at a faster-than-expected pace and Federal Reserve officials warned the central bank may need to increase interest rates more aggressively. The Opening Tr…
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CoreWeave Quiets Doubts, US CPI Fuels Fed-Hike Bets

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