AI Earnings Boost Stock Futures; CPI Data Looms | Bloomberg Brief 08/12/2026

CoreWeave and Super Micro push US stock futures higher as strong forecasts reinvigorate AI trade. Markets await key CPI data for a read on inflation. The IEA raises concerns about global oil inventories as the US and Iran harden their stances on the Strait of Hormuz. Andrew Hollenhorst of Citi looks ahead to the CPI data and its impact on the Fed's policy discussion. (Source: Bloomberg)