U.S. inflation comes in cooler than expected, Amit Kukreja notes

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Ivan Andriyenko

3 hours ago

U.S. inflation comes in cooler than expected, Amit Kukreja notes — June CPI and inflation miss expectations

Amit Kukreja, stock market analyst, shares a recap of significant market events for today.

June U.S. inflation numbers came in much cooler than anticipated. Headline CPI was 3.5% year-over-year compared to expectations of 3.8%. Additionally, CPI declined 0.4% month-over-month against estimates for no change. Core CPI registered 2.6% year-over-year, also below the anticipated 2.9%.

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Kukreja previously covered Palantir CEO Alex Karp’s warning that AI firms may be engaging in intellectual property theft, drawing attention to data security risks in the sector (story). In another recent article, he selected twelve stocks to hold until June 2027, including names such as NVDA, AMD, and GOOGL (details). These updates reflect Kukreja’s ongoing focus on both market events and individual equity strategies.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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