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Inflation, AI Surge, and Fed Watch | US News
Markets are buzzing as July inflation data drops—prices edged up just 0.1% after June’s dip, with year-over-year inflation at 3.4%. Analysts say this snapshot won’t settle Fed rate decisions, especially with Middle East tensions rattling energy prices and keeping investors on edge. Money markets are split on a potential 25-basis-point hike or hold. Meanwhile, AI stocks soar: CoreWeave, IREN, Applied Digital, and Super Micro all jump on strong earnings and bullish forecasts, fueled by big tech’s massive infrastructure bets—and major indexes hit record highs. Listen in comfort:Get a discount on…
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