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CPI, PPI & Fed's Fight Against Inflation, CSCO & CBRS Fall on Earnings
Description
As investors continue to digest Wednesday's CPI print, Thursday's PPI will show whether the trend the former set will continue. Tom White offers his takeaways from the CPI print and ways PPI will confirm or push back the inflation cooling narrative. He turns to earnings movers in Cisco (CSCO) as the stock pulls back on a stronger-than-expected report. Cerebras (CBRS) sold off sharply after its second earnings report since the IPO.
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