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AI Stocks Surge as Inflation Cooldown Sparks Hope | Wilmington News
Stocks are surging toward new highs as AI firms deliver stronger-than-expected earnings, fueling optimism ahead of key inflation data. The S&P 500, Dow, and Nasdaq all climbed, led by AI tech stocks like CoreWeave and Super Micro Computer—both seeing major gains amid booming demand for AI infrastructure. Inflation cooled slightly last month, potentially easing pressure on the Fed to hike rates. Meanwhile, oil prices remain flat but have spiked this week due to escalating tensions around the Strait of Hormuz, with U.S. gasoline prices rising too. Analysts warn of possible long-term disruptions…
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