EconomyAI Earnings Lift Stock Futures; CPI Data Looms | Bloomberg Brief 08/12/2026

Strong forecasts from CoreWeave and Super Micro lift U.S. stock futures and revive enthusiasm for the artificial-intelligence trade. Investors are waiting for key CPI data to gauge inflation. The IEA is raising concerns about global oil inventories as the United States and Iran take harder positions over the Strait of Hormuz. Citi’s Andrew Hollenhorst looks ahead to the CPI release and what it could mean for the Federal Reserve’s policy debate.