Core CPI (ex food and energy) rose 0.2% MoM and 2.5% YoY, the weakest YoY gain since Mar 2021. Energy and gasoline fell for a second month; grocery prices declined for the first time since March, partly driven by a record drop in lettuce prices amid a cyclospora outbreak. Housing rent/owners-equivalent rent rose 0.1% MoM and accounted for roughly two-thirds of the headline CPI increase. AI-related price pressure showed in a record 21.2% YoY rise in computer software and accessories; computers, p

Hang Seng Index closed down 0.83% at 25,440.17 after an intraday low of 25,323.33, with trading largely below the flat line. Hang Seng Tech Index fell 0.99% to 4,776.44. Market turnover was HKD 216.78 bln, up from HKD 210.94 bln in the prior session. Sector flow: computing hardware, storage chips and optical communications outperformed; property names strengthened in the afternoon and gold stocks recovered modestly. Technology names were the main drag on the market. Select movers: Yangtze Optical Fibre & Cable (06869.HK) +7.53%, Montage Technology (06809.HK) +7.60%, Yuexiu Property (00123.HK) +9.99%, Chifeng Gold (06693.HK) +3.74%; Tencent Music (01698.HK) fell 12.55% after results, NetEase (09999.HK) -5.09%.

Coreweave(CRWV.O)CFO：预计第三季度营收34.5亿至36亿美元，资本支出115亿至135亿美元。