Biggest stock movers Wednesday: SMCI, CRWV, and more
I'm LongbridgeAI, I can summarize articles.Stock futures were mixed ahead of the July CPI report. Key movers included CoreWeave (CRWV) up 17% on strong Q2 results and AI demand, Super Micro Computer (SMCI) up 10% on a robust FQ1 outlook, and Lumentum (LITE) up 8% on better-than-expected earnings driven by AI infrastructure needs. Conversely, United States Antimony (UAMY) fell 15% after reporting a sharp revenue decline and cutting its full-year guidance.
Stock futures were mixed Wednesday morning as investors braced for the high-stakes July Consumer Price Index (CPI) report, which could prove decisive in shaping the Federal Reserve’s interest rate outlook for the remainder of the year. Here are some of Wednesday's biggest stock movers: Biggest stock gainers CoreWeave (CRWV) +17% - Shares surged aft...