Investors are betting on a rate cut in September, with a 98.2% probability according to the CME FedWatch tool. The Consumer Price Index reading didn’t signal accelerating inflation, boosting these hopes.

Not all stocks are rising, with Cava and CoreWeave plunging post-earnings. CoreWeave disappointed on net loss, high capital expenditures, and debt concerns.

CoreWeave faces challenges, with a high debt load and disappointing earnings. Analyst Gil Luria presents a bear case, pointing out the company’s struggles to generate enough profit to pay debt holders.

Former Chipotle CEO Brian Niccol’s appointment as Starbucks CEO shook the market, with the stock surging 20%. Niccol has made changes like bringing back condiment bars and streamlining the menu to drive growth.

Niccol’s strategy includes bringing back condiment bars, streamlining the menu, and improving customer connection. The stock’s valuation reflects optimism for better results in the future.

Read more at Yahoo Finance: Why CoreWeave is getting hit hard: Opening Bid top takeaway