
Nebius shares surged Wednesday after the AI infrastructure firm posted second-quarter results that topped analysts’ estimates.
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Nebius shares surged Wednesday after the AI infrastructure firm posted second-quarter results that topped analysts’ estimates.

July inflation came in exactly as expected, and stocks rallied for about half an hour. Here's what actually moved the market after that.
Stocks Rise After July CPI Report. Why the AI Trade Is Back in Focus

By Avinash P and Purvi Agarwal Aug 12 (Reuters) - The S&P 500 and the Nasdaq rose on Wednesday as upbeat earnings from AI infrastructure firms boosted technology stocks, while largely in-line

CoreWeave and Super Micro Computer earnings lifted AI-linked stocks, while cooling inflation reduced pressure on the Fed to raise rates

Aug 12 (Reuters) - The S&P 500 and the Nasdaq opened higher on Wednesday as investors assessed largely in-line inflation data, while upbeat earnings from some AI infrastructure companies provided

Stocks were rallying out of the gate on Wednesday after Wall Street shrugged off the latest inflation report. The Dow Jones Industrial Average rose 101 points, or 0.2%. The S&P 500 was up 0.5%. The Nasdaq Composite gained 0.

Stock futures edged higher in premarket trading, with futures tied to the Nasdaq up almost 1%. “It’s a step in the right direction,” said Mona Mahajan, head of investment strategy at Edward Jones. There’s “no re-acceleration in inflation, which is what we’d want to see.

Stock Market Today: The Dow Jones index rises on a key CPI inflation report. Nvidia partner CoreWeave soars on earnings.
US equity futures were edging higher pre-bell Wednesday as traders looked forward to the latest nati

Investors braced for fresh Consumer Price Index (CPI) data, which could alter the Fed's interest rate calculus.

Futures tied to the the major U.S. stock indexes rose, while oil was up as the deadlock between the U.S. and Iran continued.

Fed Chair Kevin Warsh and the Federal Open Market Committee (FOMC) may be at a crossroads come the September FOMC meeting.

Asian shares were mostly higher Wednesday after U.S. stocks slipped a bit further from their records, while oil prices advanced as doubts persisted over when the war with Iran will allow crude to flow freely again. Samsung Electronics gained 7.7% and memory chipmaker SK Hynix was up 7.1%. The price of a barrel of Brent crude, the international standard, was up 0.9% at $89.67 early Wednesday.
July’s consumer price index (CPI) report is in focus on Wednesday as investors hope for a reading as encouraging as June’s.

<body><p>STORY: U.S. stocks ended lower on Tuesday, with the Dow and S&P 500 each dropping about a third of a percent, and the Nasdaq shedding six-tenths of a percent.</p><p>Investors became more pessimistic about a peace deal with Iran after one of its top officials said the Strait of Hormuz will remain closed as long as the U.S. does not change its behavior and accept Iran's conditions to end the war.</p><p>That kept Brent crude futures near one-week highs.</p><p>Liz Miller is founder and president of Summit Place Financial Advisors.</p><p>"I think investors are certainly frustrated at the back-and-forth communication flow and expectations out of our conflict with Iran. But they're also starting to try to look through this. For the longest time, investors have been saying, 'Even if there was a quick end, we knew that the effects on oil would take many months to unfold.' And so it was always about the, you know, the famous words, you know, the duration and the depth of the conflict. And what we're finding out is the depth may not be the problem, but the duration is.”</p><p>Among the day's movers, tech stocks dragged, with Amazon dipping about 2% and Alphabet and SpaceX each dropping almost 4%.</p><p>:: Nvidia</p><p>Alternative asset managers rose, with Apollo Global up more than 6% and Blackstone rallying almost 4%. They were among the financial institutions that recently partnered with Nvidia to establish compute-financing platforms aimed at raising over $500 billion in third-party capital for AI infrastructure.</p><p>And shares of Super Micro Computer rose about 9% in extended trading after the server maker forecast fiscal 2027 revenue above Wall Street expectations, betting that strong demand for its AI-optimized servers would fuel another year of growth.</p><p>Investors now turn their attention to inflation readings, due over the next two days, which could be crucial in shaping market expectations on the Federal Reserve's policy path.</p></body>

The Iran war isn't just an energy supply issue any longer.

On Aug. 11, 2026, crude climbed amid Middle East tensions while tech stocks struggled despite a major AI infrastructure financing push.

U.S. stocks slid as negotiations about the future of the Strait of Hormuz remain deadlocked, pushing oil prices up ahead of key inflation data Wednesday. Oil futures rose $1.07, or 1.3%, to $83.20 a barrel, amid signs that the Middle East conflict may escalate again. The yield on the 10-year Treasury note declined 0.014 percentage point to 4.683%.

Today, Aug. 11, 2026, the electric air-taxi developer disclosed a major defense deal and up to $750M equity offering, raising questions about dilution and funding runway.

The major market indexes pulled back amid higher oil prices and upcoming CPI inflation data. Nvidia partners Lumentum, CoreWeave, Super Micro reported late.
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