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U.S. Stock Futures Rise After Consumer Prices Report

Stock futures are higher after the July consumer prices report, with the data providing a near-term signal for the Federal Reserve's September policy decision. The CPI report came in exactly in line with expectations. Consumer prices rose 0.1% month over month and 3.4% year over year, down from 3.5% in June, while core CPI rose 0.2% monthly and 2.5% annually. The combination of softer employment and contained core inflation could strengthen the case for eventual easing. That said, inflation remains well above the Fed's 2% target, and rising oil prices could put renewed upward pressure on headline inflation in coming months.AI infrastructure stocks are providing a significant boost to the broader market. CoreWeave is up sharply in premarket trading after reporting better-than-expected second-quarter results and raising its capital-spending forecast, while Super Micro Computer is also gaining following a strong revenue outlook. The results are reinforcing investor confidence that demand for AI computing infrastructure remains strong despite ongoing concerns about the enormous capital expenditures required to support the industry.Brent crude has risen for six consecutive sessions as tensions involving Iran and disruptions around the Strait of Hormuz continue to threaten energy supplies. Higher oil prices could complicate the Fed's inflation outlook if the increases persist, particularly at a time when markets are already debating whether monetary policy can ease later this year.In pre-market trading, S&P 500 futures rose 0.45%, Nasdaq futures rose 0.97% and Dow futures rose 0.27%.Check out this morning's top movers from around Wall Street, compiled by The Fly.UP AFTER EARNINGS -CoreWeaveup 20%Cava Groupup 17%Nebiusup 16%H&R Blockup 13%Kornit Digitalup 9%Super Microup 9%Lumentumup 9%MSG Entertainmentup 3%Trimbleup 3%DOWN AFTER EARNINGS -Performance Food Groupdown 4%Amcordown 3%Jumia Technologiesdown 1%Kontoor Brandsdown 1%

Amcor Reports Q4 Revenue of $6.4B

Reports Q4 revenue $6.4B, consensus $6.08B. Amcor CEO Peter Konieczny said, "We delivered strong operating performance in the fourth quarter despite a challenging macro environment. We drove broad-based volume growth, while effectively managing unprecedented input cost inflation. Synergy realization came in ahead of plan, while performance in our non-core businesses improved substantially. Looking ahead, we are encouraged by the momentum we see across the business and the greater potential for growth and continued synergy capture following the transformative acquisition of Berry. As we complete the integration and begin to realize our potential as a global leader in consumer packaging, we remain confident in delivering on our medium and long-term commitments."

Amcor Commences Expansion Project in Dongguan, Adding 7,000 Square Meters

Amcor commenced an expansion project at its flexible packaging solutions facility in Dongguan, China. The project includes the construction of a 7,000-square-meter manufacturing facility and automated warehouse, expanding Amcor's existing campus to over 38,000 square meters. The expansion will increase production capacity and strengthen supply chain resilience in a key industrial hub in South China. Construction is expected to be completed by July 2027. Designed around the principles of sustainability and intelligent manufacturing, the expansion will feature automated solvent-free laminators, high-speed bag-making machines and automated bag arranging systems. These technologies will increase production capacity, improve operational efficiency and support the development of recycle-ready packaging solutions for food, home and personal care applications.