Bloomberg
AI Earnings Boost Stock Futures; CPI Data Looms | Bloomberg Brief 08/12/2026
Wednesday, August 12, 2026
CoreWeave and Super Micro stock futures rose on August 12, 2026, following strong earnings forecasts. U.S. markets were awaiting consumer price index data scheduled for release. The International Energy Agency raised concerns about global oil inventory levels, while the United States and Iran took hardened positions regarding the Strait of Hormuz. Andrew Hollenhorst of Citi said the CPI data would be relevant to the Federal Reserve's policy discussions.
