What is US CPI and why investors await this data release?

The United States Consumer Price Index (US CPI) is an index that is used to measure inflation by tracking changes in prices paid by consumers for a basket of goods and services in the United States. CPI adjustments reflect economic price changes. When the CPI rises, it indicates that the average price change over time

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Amazon and Apple report earnings and revenue, fare better than expected!

Amazon and Apple report record revenue and earnings amid high inflationAmazon and Apple broke the trend among their Big Tech “rivals”, which had all reported poor second-quarter numbers. Following Meta’s gloomy Q2 report earlier this week, the two business giants reported better-than-expected earnings and revenue reports last night after the closing bell. AmazonAmazon (AMZN) gave

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