9AM Hour: CoreWeave CEO Mike Intrator, July CPI Report, SpaceX’s AI Outlook 8/12/26

July CPI data, showing core inflation at 2.5%, signals a potential Federal Reserve hold in September, fueling market optimism despite ongoing energy price volatility. CoreWeave CEO Michael Intrator highlights the company's massive growth, noting a $25 billion contract booking in just five weeks and the long-term utility of older GPU generations. Data center demand remains a primary market driver, with companies like SpaceX pivoting toward AI infrastructure to generate significant revenue. Meanwhile, consumer behavior remains resilient, evidenced by strong performance in the restaurant sector, specifically at chains like Chili's. Investors continue to monitor the potential for structural remedies in media mergers, such as the Paramount situation, while balancing concerns over national security and global competitiveness in robotics and pharmaceutical development against the backdrop of an evolving AI-driven economy.