Inflation cools but stays stubborn
Summary
Host Kim Kahn reviews July’s inflation data, which met expectations and slightly cooled, keeping Fed rate hike odds around 43-48%. AI stocks CoreWeave and Supermicro surged on strong guidance, while H&R Block rallied after beating earnings and raising dividends. The episode also covers Domino’s new Detroit-style pizza launch and a significant rebound in gold prices, which triggered a $1.5 billion shift in automated trading strategies.
Topics discussed
Welcome to Wall Street Lunch
July CPI data and Fed rate hike odds
CoreWeave, Supermicro, and H&R Block earnings
Domino's new Detroit-style pizza launch
Gold price rebound and algorithmic trading
Outro and Seeking Alpha resources
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