Tag: cpi report

  • Red hot CPI report fuels AI rout

    Red hot CPI report fuels AI rout

    NEW YORK, Oct 14 : Major AI stocks slumped on Wednesday following the latest hot US inflation report, highlighting investor concern about the risks posed by rising borrowing costs in this capital-intensive sector.Among the leading decliners were data center operator CoreWeave, which fell 16 per cent, AI infra

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