CoreWeave Quiets Doubts, US CPI Fuels Fed-Hike Bets

Traders increased positions in artificial intelligence stocks following CoreWeave's earnings results and strong demand for Anthropic's initial public offering. US bond yields rose sharply after the consumer price index increased faster than forecast, prompting Federal Reserve officials to signal the central bank may raise interest rates more aggressively. The yield increase was the largest in 19 months.

• Bloomberg — CoreWeave Quiets Doubts, US CPI Fuels Fed-Hike Bets

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