Join global business leaders and investors at the Bloomberg Sustainable Business Summit, returning to Singapore on July 31st.

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Learn more at Bloomberg Live.com slash sustainablebiz Singapore. That's Bloomberg Live.com slash Sustainable Biz Singapore.

That's Bloomberg Live.com slash sustainable Biz Singapore. I'm Caroline Hyde at Bloomberg's world headquarters in New York.

And I'm Ed Ludler in San Francisco, this is Bloomberg Technology.

Coming up, EVs help fuel inflation. We break down today's

CPI report and car prices record high. And we'll bring you the latest in the

world of AI. C3 AI shares jump again Tuesday without an obvious driver chairman and CEO

Tom Seable joins to discuss what the company's doing to justify the jump in its

stock.

Plus we'll speak to the CEO of semi-conductor company, Weathering the Chip Slump.

This is Tom Corfield.

It's from Global Foundries, the CEO joining us with his outlook.

All that and so much more coming up, but let's dig into these markets. It was a big macro picture kind of a day.

The CPI print coming in hotter than anticipated 6.4% year on year in terms of inflation

but the NASDAQ pushes on through it up six-tenths of a percent.

Is it the comments from certain Fed members like Harco saying maybe we're nearer the end

in terms of our inflation fighting tactics.

Two-year guild, though, it listens more to the inflation override.

They're worried about inflation still remaining hot,

yields, boring costs rise, almost 10 basis points on the front end.

...