Stocks rise in Asia and US equity-index futures move higher, supported by earnings from AI-focused firms and a cooling inflation backdrop. CoreWeave reports stronger-than-expected sales growth, and Super Micro Computer’s results and outlook add to momentum in AI-related stocks.
Quartz also links the market move to data showing US CPI matches forecasts, which reduces expectations of additional Fed rate hikes. Bloomberg likewise highlights CoreWeave’s sales performance and Super Micro’s revenue forecast beating estimates as key drivers for the “AI trade.” Together, the coverage points to a combination of company-specific earnings surprises and improved macro conditions, which helps investors rotate toward AI-linked technology exposures.
