The direction of artificial intelligence stocks will be the main focus of the week, following a week marked by the midterm elections and investor votes favoring restrictions on data-center development in several states. CoreWeave’s results on Tuesday evening and Nebius’s on Thursday morning will be closely watched, along with Cisco Systems’ and Applied Materials’ quarterly reports on Thursday evening. No Club holdings will report earnings in the coming days, while the economic calendar will feature several key inflation releases. The Consumer Price Index will be published on Tuesday and the Producer Price Index on Friday, as Federal Reserve Governor Christopher Waller and Cleveland Fed President Beth Hammack speak on Tuesday and Thursday, respectively. Traders were pricing in a 78% probability of a quarter-point rate hike by the Federal Reserve in December as of Sunday.
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