Macroeconomic & Market Trends - The S&P 500 advanced with a 0.3% gain to 7,753, while the Nasdaq rose by 0.6% and the Dow Jones increased by 16 points following the CPI report [7][40] - The 10-year Treasury yield stood at 4.68%, the two-year yield at 4.19%, and the 30-year yield at 5.24% [8][41] - Brent crude traded around $88.85 per barrel and West Texas Intermediate (WTI) crude hovered near $83.01 per barrel [41][82] Technology & Corporate Earnings - CoreWeave reported earnings up 18.8% to 19.5% following strong AI computing demand, with a quarterly revenue projection of $3.5 billion and over $100 billion in backlog [9][40][103][104] - Super Micro Computer shares surged nearly 19.7% after delivering a revenue forecast that topped analyst estimates [40][41] - Cisco shares rose by 2.6% to 2.8% ahead of its quarterly earnings report and updates on AI spending [9][83] Financial Services & Consumer Credit - Edge Focus manages access to consumer credit within a $200 million market, focusing on near-prime, subprime, auto, medical, and home improvement lending [44][45][54][55] - Josh Kushner and Bob Iger agreed to acquire the Los Angeles Lakers basketball team for a record-breaking price of more than $12 billion [84] - Wendy's shares jumped 11.7% to 12% to the highest in seven weeks after reports that Trian Fund Management is preparing to take the fast-food chain private [41][42][107]
S&P 500 Wins Continue, Atlas Merchant Invests in Edge Focus | Bloomberg Businessweek Daily 8/12/2026