US stocks: Inflation data and AI infrastructure earnings in focus next week
深潮 TechFlow reported on Nov 7, citing Investor’s Business Daily, that amid market volatility following the US midterm elections, 88% of S&P 500 constituents had reported earnings, with 84% beating consensus earnings per share estimates. The report said markets will focus on inflation data and the next round of corporate earnings next week.
Cisco’s upcoming earnings report will reflect progress toward its full-year $7.5 billion AI infrastructure order target; cloud computing company CoreWeave will also report earnings, with investors watching its AI data center buildout and order backlog. The report noted that emerging cloud providers such as CoreWeave have recently faced rising financing costs and debt financing pressure.
Source: 深潮 TechFlow
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