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Cohere's competitors OpenAI and Anthropic are also weighing potential IPOs and competition for enterprise customers is heating up.
Underlying US inflation accelerated in January by the most since August as the core consumer price index increased 0.3% from December, boosted by a pickup in services costs. Compared with January of last year, the measure rose 2.5%. Michael McKee breaks down the numbers on Bloomberg Television. (Source: Bloomberg)
US Treasuries jumped and investors priced in higher expectations that the Federal Reserve will lower interest rates three times in 2026 after a reading of US inflation came in below forecasts.
JPMorgan says aero engines is a hot sector and not about to go away, with GE Aerospace among its picks.
Data release comes after Fed held interest rates last month
The consumer price index was expected to increase 2.5% from a year ago in January, according to the Dow Jones consensus.