Banking on CoreWeave
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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Today's recommended read: Three midweek thoughts - 'magnificent' banks, Japan switch, populism by Mike Dolan …
The skinny
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