WuBlockchain Weekly Outlook | U.S. CPI and PPI Test Rate Expectations as CoreWeave and AI Infrastructure Firms Report
Editor | Wu BlockchainVerified as of November 7, 2026 (ET) | Coverage period: November 8–15, 2026 (ET)The key events to watch this week:Sunday, November 8, 8:30 p.m. ET | China October CPI and PPIChina’s September CPI rose 0.9% year over year, with core CPI up 1.0%, while PPI increased 5.0%. October’s figures will show whether higher raw-material costs are reaching consumers and how the gap between producer and consumer inflation affects manufacturers’ pricing power and margins.Tuesday, November 10, 8:30 a.m. ET | U.S. October CPISeptember CPI rose 3.7% year over year, with core inflation at 2.6% and gasoline prices up 9.1% month over month. October payrolls increased by 165,000, while unemployment fell to 4.1%. Persistent energy and core price pressures could strengthen expectations for another Fed rate hike in December.Tuesday, November 10, 5:00 p.m. ET | CoreWeave Q3 Earnings CallCoreWeave’s Q2 revenue jumped 112% to $2.575 billion, with a backlog of approximately $104 billion. Yet it reported a $626 million net loss and $640 million in net interest expense. Capacity deliveries, backlog conversion and financing costs will be central to its earnings outlook.Thursday, November 12, 8:30 a.m. ET | U.S. Initial Jobless ClaimsInitial claims fell to 189,000 in the week ended October 31, with the four-week average declining to 194,750. The next report will show whether layoffs remain limited following October’s stronger payroll growth, or whether labor-market weakness is beginning to emerge.Thursday, November 12, 4:30 p.m. ET | Applied Materials and Cisco Earnings CallsApplied Materials reported 25% revenue growth to $9.12 billion and guided for approximately $10.25 billion this quarter. Cisco’s revenue rose 18% to $17.3 billion, with $4 billion in quarterly AI infrastructure orders and $7.5 billion in related revenue expected for fiscal 2027. Investors will watch equipment demand, AI order conversion and margins.Friday, November 13, 8:30 a.m. ET | U.S. October PPISeptember PPI rose 6.3% year over year and 1.3% month over month, driven partly by energy costs. Friday’s report will show whether producer price pressures persist beyond energy. Elevated CPI and PPI readings could reinforce expectations for further Fed tightening.Bottom line:CoreWeave has $104 billion in backlog, but quarterly net interest expense reached $640 million. Deliveries and profitability matter more than new contracts alone. U.S. CPI and PPI could shift Fed rate expectations, while Applied Materials and Cisco provide fresh demand signals.Follow usTwitter: https://twitter.com/WuBlockchainTelegram: https://t.me/wublockchainenglish
