U.S. Inflation, CoreWeave and Nebius Reports: What Investors Can Expect This Week

This week, investors will be assessing October inflation in the U.S. and earnings reports from tech companies following a sell-off in artificial intelligence-related stocks, according to Reuters. With a stable labor market, inflation will be the key factor determining the Fed’s upcoming interest rate decisions, Barron’s notes.

Earnings season is drawing to a close: nearly 90% of S&P 500 companies have already reported their results, and 11 more index constituents are set to report this week, according to Barron’s. CoreWeave and Arkady Volozh’s Nebius, which were recently added to the Nasdaq 100 index, will also present their results. Investors are waiting for these companies to explain how they will finance capacity under existing contracts and new projects, The Wall Street Journal reports, citing Morgan Stanley analysts. According to the bank, clarity on financing issues could bolster investor confidence.

On Monday, November 9, China released its October price statistics. Annual consumer inflation slowed from 0.9% to 0.7%, compared with a forecast of 0.8%—the lowest level since June, according to Trading Economics, citing the National Bureau of Statistics of China. Meanwhile, producer price inflation accelerated from 5% to 5.7%, compared with a forecast of 5.3%, reaching its highest level since June 2022, notes Trading Economics.

Constellation Energy, NRG Energy, Occidental Petroleum, Rocket Lab, Skydance, and Take-Two Interactive Software will report their quarterly results.

On Tuesday, November 10, the U.S. Bureau of Labor Statistics (BLS) will release the Consumer Price Index (CPI) for October. According to economists’ estimates cited by Barron’s, price growth in the world’s largest economy slowed to 0.3% month-over-month following a 0.6% jump in September. The agency will not release year-over-year figures: last fall’s government shutdown prevented the collection of data for October 2025.

"Unless the October inflation data released on Tuesday or the November jobs report on December 4 come in significantly below expectations, we expect a 25-basis-point hike to be almost fully priced in by the time of the [Federal Open Market Committee] meeting next month,” the WSJ quotes Nick Rees, head of macroeconomic research at Monex, as saying.

China will release its October foreign trade data.

CoreWeave, On Holding, and Venture Global will release their quarterly reports. Reuters is paying particular attention to the results of the cloud company CoreWeave, which has found itself at the center of concerns regarding AI infrastructure funding. “If they are just a bit more cautiously optimistic in their assessment of the ability to find ways to bring projects to completion, I think that will help alleviate these concerns somewhat,” said Garrett Melson, a portfolio strategist at Natixis Investment Managers Solutions, as quoted by the agency.

On Wednesday, November 11, the U.S. bond market will be closed in observance of Veterans Day, but stock trading will continue, the WSJ notes.

Franco-Nevada will release its financial results.

On Thursday, November 12, the U.S. will release its weekly unemployment insurance claims data.

Nebius Group, Applied Materials, Cerebras Systems, Cisco Systems, and Nu Holdings will report their quarterly results.

On Friday, November 13, the BLS will release the Producer Price Index for October. According to the consensus estimate cited by Barron’s, the annual rate of price growth was expected to accelerate to 6.6%—up 0.3 percentage points from September.

The eurozone will release its third-quarter GDP estimate. “We believe that both the Fed and the European Central Bank will decide to raise rates once again… but data on the impact of high energy prices is crucial for those making monetary policy decisions,” wrote Investec economist Lottie Gosling, as quoted by the WSJ.

This article was AI-translated and verified by a human editor