1. The US July unadjusted core CPI annual rate was 2.5%, the smallest increase since February, in line with market expectations. 2. General Motors (GM.N) has established a $4.5 billion plan to secure the supply of key components. 3. Lumentum (LITE.

2026-08-12

1. The US July unadjusted core CPI annual rate was 2.5%, the smallest increase since February, in line with market expectations. 2. General Motors (GM.N) has established a $4.5 billion plan to secure the supply of key components. 3. Lumentum (LITE.O) shares rose more than 8% pre-market after reporting fourth-quarter net income of $1.01 billion. 4. Coreweave (CRWV.O) CFO raised its full-year 2026 revenue forecast to $12.4 billion to $13.2 billion. 5. Advanced Micro Devices (SMCI.O) shares rose more than 10% pre-market after the company's fiscal 2027 revenue outlook exceeded market expectations. 6. According to Business Insider, sources familiar with the matter revealed that Oracle (ORCL.N) has developed a new round of layoffs, expected to be implemented this month. 7. Quantum computing company Quantum is partnering with Oracle (ORCL.N) to accelerate the adoption of hybrid quantum computing on Oracle cloud infrastructure.