The U.S. consumer price index (CPI) rose by 2.9% year-on-year in August. This was the highest reading in almost eight months. Although traders have little doubt that the U.S. Federal Reserve will cut rates at its next meeting in September, rising prices may raise questions about how aggressively the Fed will act in the coming months, MarketWatch <a href="https://www.marketwatch.com/livecoverage/cpi-report-threatens-to-reset-fed-rate-cut-plans-as-market-focuses-on-inflation-data/card/inflation-pops-again-in-august-cpi-shows-but-probably-not-enough-to-derail-fed-rate-cut-3OZSeWZ8MrXlRw2wG1xg">writes</a>.

Inflation in August rose to its highest since January. Will this prevent a rate cut?

Alibaba Group Holding Limited

Oracle Corporation

Klarna

Rubrik, Inc.

Chewy, Inc.

Oxford Industries, Inc.

Opendoor Technologies Inc.

Atrium Therapeutics, Inc.

NVIDIA Corporation

Advanced Micro Devices, Inc.

Daily review and forecast of events on the U.S. stock market from Mikhail Denislamov, Deputy Director of Freedom Capital Markets Research.

Morning in New York: Inflation statistics for August will set the course of trading

Following the Bureau of Labor Statistics report, U.S. stock and Treasury bond futures rose and yields on two-year securities fell to 3.52%

Wholesale inflation unexpectedly went down. Markets are confident in the Fed rate cut

Apple Inc.

Morning in New York: equaling inflation

Adobe Inc.

Data on inflation in the United States this week will be a key factor for Wall Street ahead of the U.S. Federal Reserve meeting on interest rates, the results of which are expected on September 17, <a href="https://www.wsj.com/economy/week-ahead-for-fx-bonds-u-s-inflation-france-confidence-vote-ecb-in-focus-a8e5cdc7?mod=economy_more_article_pos2#:~:text=U.S.%20inflation%20data%20in%20the%20coming%20week%20will%20be%20the%20next%20key%20data%20ahead%20of%20a%20Federal%20Reserve%20interest%2Drate%20decision%20on%20September%2017.%20Investors%20anticipate%20that%20rate%20cuts%20will%20resume%20from%20this%20month%2C%20but%20the%20pace%20of%20reductions%20beyond%20that%20remains%20uncertain.">writes</a> The Wall Street Journal. The stock market expects the regulator to resume rate cuts in September, but the pace of further easing of monetary policy remains uncertain, the newspaper notes.

US inflation, the crisis in France and the ECB: what investors need to know this week

Tesla, Inc.

Alphabet Inc.

A U.S. federal court has stopped short of requiring Google to sell Chrome, but has banned exclusive pre-installation agreements for the services. Kraft Heinz will split the business into two separate divisions - North American Grocery and Global Taste Elevation - after years of weak sales. The world fashion industry was shaken by the news of the death of 91-year-old George Armani, the creator of the legendary Armani brand. The main events from September 1 to 5 are in our review.

Highlights of the week: Google decision, Kraft Heinz to split, George Armani dies

Price growth in the eurozone in August amounted to 2.1%, which is more than experts predicted. However, core inflation, which excludes volatile food and energy prices, remained unchanged compared to July. The European Central Bank will decide on interest rates in September, and the consensus view is that it will leave them unchanged, as in July.

Eurozone inflation in August exceeded expectations. What to expect from the ECB meeting?

The bank advises to bring the share of bonds in the portfolio to 40%

Wells Fargo recommends rethinking portfolio structure: volatility ahead

Figma

Intel Corporation

Nvidia shares lost 3.5% after a weak report on key AI chips and uncertainty over exports to China. Intel warned that having a new shareholder - the US government - could complicate the company's overseas business. Figma's quotes collapsed after neutral Wall Street estimates, analysts consider the company's shares overvalued. Core inflation in the U.S. in July rose at the fastest pace in five months. About the main events from August 25 to 29 - in our review.

Highlights of the week: Nvidia and Figma disappointment, Intel risks, Apple expectations

The benchmark PCE index will peak in the fourth quarter of 2025, economists predicted

The Fed's favorite measure of inflation is at its peak since February: will this prevent a rate cut?

Dell Technologies Inc.

Marvell Technology, Inc.

Ulta Beauty, Inc.

Affirm Holdings, Inc.

Hormel Foods Corporation

Urban Outfitters, Inc.

Burlington Stores, Inc.

Veeva Systems Inc.

Morning in New York: inflation statistics will set the vector for trading

The US authorities have improved their assessment of the country's economic growth in the second quarter, with the new result being better than what analysts had expected. The reason for positivity was the data on investment and consumer spending, as well as imports. Also this week, the US Fed's preferred inflation indicator, the Personal Consumption Expenditures Index, will be published.