EconomyWill today’s inflation report trigger a Fed rate hike? | Morning Bid

Investors lifted CoreWeave shares after the AI cloud company posted strong results and pointed to more than $100 billion in backlogged orders. Markets are now preparing for a closely watched U.S. inflation report that could influence the Federal Reserve’s next move. Oil prices are also continuing to rise as attacks in the Red Sea persist and progress in U.S.-Iran talks remains elusive.