Oil Climbs, CoreWeave Broke the Curse

Welcome to LazyListen. This is The Daily Rip for today. -Iran tensions and stalled negotiations in Tehran.

Investors are now focused on Wednesday’s inflation report, expecting a modest zero point two percent rise in July prices and an annual inflation rate around three point four percent. A tame inflation print would ease pressure on the Federal Reserve to hike rates again, which most see as a positive for markets. Turning to earnings, CoreWeave finally broke its five-quarter streak of disappointing reactions after reporting Tuesday night.

I. 58 billion dollars, slightly beating estimates, and reported a backlog of one hundred four billion dollars. Despite a 626 million dollar net loss and heavy debt nearing 35 billion dollars, the company added 25 billion dollars in customer commitments after the quarter ended.

CoreWeave’s business is capital-intensive, with depreciation and interest eating up nearly eighty percent of revenue, reflecting its aggressive spending—expected to reach 35 billion dollars this year alone. The stock jumped more than thirteen percent after hours, signaling investor relief. The key now is whether CoreWeave can convert its massive backlog into active capacity without the construction delays that have plagued it before.

Watch revenue growth, buildout progress, and interest costs closely in coming quarters. In related tech news, Supermicro rallied after hours despite missing revenue estimates. I.

1 billion dollars but posted a sharp gross margin rebound to seventeen point five percent from under ten percent last quarter. This margin recovery eased concerns about low-profit growth, and management raised its fiscal 2027 revenue outlook to between 65 and 72 billion dollars, supported by a record order backlog. The challenge ahead is maintaining that profitability as deployments ramp up; another margin slip would quickly sour sentiment.

On the consumer front, Mediterranean fast-casual chain CAVA Group beat second-quarter expectations with revenue of 368 million dollars and same-restaurant sales up nine percent, driven by a five point three percent increase in guest traffic. Despite some margin pressure from higher salmon costs, delivery expenses, and wages, CAVA maintained its 2026 outlook for 75 to 77 new restaurants and mid-single-digit same-store sales growth. Investors will be watching July’s sales closely to see if the rebound continues, as management remains cautious.

I. cloud operator, reports before Wednesday’s open. The stock rebounded after a recent slide but faces scrutiny over whether it can meet revenue estimates near 570 million dollars and manage capital spending projected between 20 and 25 billion dollars this year.

I. factory in Pennsylvania. Notably, famed investor Michael Burry holds a short position against Nebius, adding to the tension.

Any delays or missed targets could fuel bearish pressure. S. Antimony tumbled fifteen percent after missing revenue guidance, sparking debate among retail traders about execution risks and government dependencies.

Firefly Aerospace gained six percent following record quarterly revenue growth of over 650 percent year-over-year, though concerns linger about balancing contract growth with spending and dilution risks. Ondas secured a multi-million-dollar Israeli defense contract to develop a tactical attack drone, lifting its shares five percent amid questions about the program’s scale and revenue timing. I.

data center demand, but investors remain cautious about supply chain bottlenecks and geopolitical risks. m. m.

Earnings continue to roll in with Sea Limited, Organigram Global, and Arbutus Biopharma among the notable pre-market reports, while after-hours will feature Supermicro, CoreWeave, and several others. Overall, markets are digesting geopolitical risks and key earnings while positioning ahead of inflation data and the Fed’s next move. I.

infrastructure plays like CoreWeave, Supermicro, and Nebius navigate growth and capital intensity, as their results could set the tone for tech and cloud sectors in the weeks ahead. Thanks for listening. Catch you next time on LazyListen.