GASOLINE DRIVES MORE THAN HALF OF U.S. INFLATION SURGE
Gasoline prices jumped 9.1% in September, while fuel oil, including diesel, surged 15.3%.
Energy costs drove more than half of the monthly CPI increase, pushing annual inflation to 3.7%.
Elevated October fuel prices signal continued inflation pressure ahead of the November 3 midterms.
(@WalterBloomberg)
Gasoline prices jumped 9.1% in September, while fuel oil, including diesel, surged 15.3%.
Energy costs drove more than half of the monthly CPI increase, pushing annual inflation to 3.7%.
Elevated October fuel prices signal continued inflation pressure ahead of the November 3 midterms.
(@WalterBloomberg)
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TWO-YEAR U.S. TREASURY YIELDS HIT HIGHEST LEVEL SINCE SEPT 29, LAST UP 12.72 BASIS POINTS AT 4.92%
(@WalterBloomberg)
(@WalterBloomberg)
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U.S. DOLLAR INDEX HITS NEW HIGH 18-MONTH HIGHS, LAST UP 0.57% AT 102.75
(@WalterBloomberg)
(@WalterBloomberg)
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AI BOOM FUELS SHARPEST COMPUTER PRICE INFLATION IN TWO DECADES
The massive AI infrastructure buildout is coinciding with a sharp rise in consumer technology prices, adding another source of pressure to U.S. inflation.
According to September CPI data:
🔸 Computers, peripherals and smart-home assistants: +9.7% YoY, the largest annual increase since at least 2006.
🔸 Software and accessories: +28.4% YoY.
The figures highlight growing concerns that surging demand for AI computing power and hardware could be pushing technology costs higher.
The key risk: AI investment may be creating inflationary pressures beyond energy and housing, complicating the Federal Reserve's efforts to bring inflation back to its 2% target.
(@WalterBloomberg)
The massive AI infrastructure buildout is coinciding with a sharp rise in consumer technology prices, adding another source of pressure to U.S. inflation.
According to September CPI data:
🔸 Computers, peripherals and smart-home assistants: +9.7% YoY, the largest annual increase since at least 2006.
🔸 Software and accessories: +28.4% YoY.
The figures highlight growing concerns that surging demand for AI computing power and hardware could be pushing technology costs higher.
The key risk: AI investment may be creating inflationary pressures beyond energy and housing, complicating the Federal Reserve's efforts to bring inflation back to its 2% target.
(@WalterBloomberg)
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EURO HITS LOWEST AGAINST DOLLAR SINCE MID-MAY 2025, LAST DOWN 0.7% AT $1.112
(@WalterBloomberg)
(@WalterBloomberg)
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📊FED HIKE ODDS EXPLODE AFTER HOT CPI REPORT
Kalshi traders now price a 55% chance of a 25-basis-point Fed hike in October, up from just 21% earlier.
Rate-hike odds have overtaken hold odds for the first time in months
https://t.co/qUEGIdb1ac
(@WalterBloomberg)
Kalshi traders now price a 55% chance of a 25-basis-point Fed hike in October, up from just 21% earlier.
Rate-hike odds have overtaken hold odds for the first time in months
https://t.co/qUEGIdb1ac
(@WalterBloomberg)
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$NFLX - NETFLIX CUTS 1,000 JOBS AS SHARES FALL 40%
Netflix is laying off 6% of its workforce, its biggest cuts since 2022, amid slowing growth and weaker customer engagement.
Shares are down over 40% in the past year.
The layoffs come one week before earnings, with Netflix maintaining its full-year outlook.
(@WalterBloomberg)
Netflix is laying off 6% of its workforce, its biggest cuts since 2022, amid slowing growth and weaker customer engagement.
Shares are down over 40% in the past year.
The layoffs come one week before earnings, with Netflix maintaining its full-year outlook.
(@WalterBloomberg)
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U.S. INFLATION STAYS ABOVE FED TARGET FOR 66 STRAIGHT MONTHS
September CPI rose 3.7% YoY, exceeding expectations and extending inflation's streak above the Fed's 2% target to 66 consecutive months — more than five years.
According to Bespoke Investment Group, this marks only the third period in the past century when U.S. inflation has remained above 2% for at least five years.
Persistent inflation continues to complicate the Fed's path toward lower interest rates.
(@WalterBloomberg)
September CPI rose 3.7% YoY, exceeding expectations and extending inflation's streak above the Fed's 2% target to 66 consecutive months — more than five years.
According to Bespoke Investment Group, this marks only the third period in the past century when U.S. inflation has remained above 2% for at least five years.
Persistent inflation continues to complicate the Fed's path toward lower interest rates.
(@WalterBloomberg)
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WALL STREET SET TO RAISE CORE PCE INFLATION FORECASTS AFTER HOT CPI REPORT
September's stronger-than-expected CPI data could push core PCE inflation estimates to at least 0.3% MoM, up from the previous 0.21% consensus.
TD Securities has already raised its forecast to 0.36% from 0.23%.
Higher-than-expected prices across housing, apparel, education, vehicles and recreation are driving the revisions.
The key risk: The Fed's preferred inflation gauge may come in significantly hotter than previously expected, complicating the case for further rate cuts.
Thursday's PPI report will help refine the estimates.
(@WalterBloomberg)
September's stronger-than-expected CPI data could push core PCE inflation estimates to at least 0.3% MoM, up from the previous 0.21% consensus.
TD Securities has already raised its forecast to 0.36% from 0.23%.
Higher-than-expected prices across housing, apparel, education, vehicles and recreation are driving the revisions.
The key risk: The Fed's preferred inflation gauge may come in significantly hotter than previously expected, complicating the case for further rate cuts.
Thursday's PPI report will help refine the estimates.
(@WalterBloomberg)
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CITIGROUP EXPECTS US FED TO DELIVER A 25 BP RATE HIKE IN DECEMBER 2026 VS PRIOR FORECAST OF NO CHANGE THIS YEAR
(@WalterBloomberg)
(@WalterBloomberg)
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S&P 500 BANKS INDEX HITS OVER FOUR-MONTH LOW, LAST DOWN 1.3%
(@WalterBloomberg)
(@WalterBloomberg)
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🇺🇸 PRESIDENT TRUMP'S SCHEDULE — WEDNESDAY, OCTOBER 14, 2026
All times Eastern (ET)
🔸 11:00 AM — Executive Time, Las Vegas, Nevada
🔸 11:30 AM — Travel pool call time, Las Vegas
🔸 4:00 PM — Political rally in Bullhead City, Arizona
🔸 8:15 PM — Political rally in Kalispell, Montana
Key events: Two political rallies in Arizona and Montana before returning to Washington, D.C.
(@WalterBloomberg)
All times Eastern (ET)
🔸 11:00 AM — Executive Time, Las Vegas, Nevada
🔸 11:30 AM — Travel pool call time, Las Vegas
🔸 4:00 PM — Political rally in Bullhead City, Arizona
🔸 8:15 PM — Political rally in Kalispell, Montana
Key events: Two political rallies in Arizona and Montana before returning to Washington, D.C.
(@WalterBloomberg)
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SHARES OF AI INFRASTRUCTURE FIRMS CORWEAVE AND NEBIUS DROP; STEEPEST DECLINERS ON NASDAQ 100 INDEX
$CRWV - COREWEAVE DOWN 14.9%
$NBIS - NEBIUS FALLS 9.7%
(@WalterBloomberg)
$CRWV - COREWEAVE DOWN 14.9%
$NBIS - NEBIUS FALLS 9.7%
(@WalterBloomberg)
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$NVDA - NVIDIA AND CHIPAGENTS LAUNCH EVALUATION FOR AI-POWERED CHIP DESIGN - THE INFORMATION
(@WalterBloomberg)
(@WalterBloomberg)
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$AAPL - OPENAI EMPLOYEE WHO LEFT FOR APPLE SENT OVER 100 FILES ABOUT UNRELASED OPENAI PRODUCT TO PERSONAL ACCOUNTS - OPENAI BRIEF IN APPLE VS OPENAI LAWSUIT
(@WalterBloomberg)
(@WalterBloomberg)
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OPENAI EMPLOYEE WHO LEFT FOR APPLE GAVE SENIOR APPLE LEADERS PRESENTATION ABOUT UNRELEASED OPENAI PRODUCT - OPENAI BRIEF IN APPLE VS OPENAI LAWSUIT
(@WalterBloomberg)
(@WalterBloomberg)
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FILES LEAKED INCLUDE DETAILED UNRELEASED DEVICE IMAGES, ENGINEERING DATA, SUPPLIER INFO - OPENAI BRIEF IN APPLE VS OPENAI LAWSUIT
OPENAI SAYS APPLE HAS NOT ASSURED IT IS NOT IN POSSESSION OF & HAS NOT USED OPENAI CONFIDENTIAL DATA - OPENAI BRIEF IN APPLE VS OPENAI LAWSUIT
(@WalterBloomberg)
OPENAI SAYS APPLE HAS NOT ASSURED IT IS NOT IN POSSESSION OF & HAS NOT USED OPENAI CONFIDENTIAL DATA - OPENAI BRIEF IN APPLE VS OPENAI LAWSUIT
(@WalterBloomberg)
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