AI Stocks Surge as Inflation Cooldown Sparks Hope | Wilmington News

Stocks are surging toward new highs as AI firms deliver stronger-than-expected earnings, fueling optimism ahead of key inflation data. The S&P 500, Dow, and Nasdaq all climbed, led by AI tech stocks like CoreWeave and Super Micro Computer—both seeing major gains amid booming demand for AI infrastructure. Inflation cooled slightly last month, potentially easing pressure on the Fed to hike rates. Meanwhile, oil prices remain flat but have spiked this week due to escalating tensions around the Strait of Hormuz, with U.S. gasoline prices rising too. Analysts warn of possible long-term disruptions to global shipping if conflict escalates in the Middle East. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/b4b001a1c0fa5269