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9am Hour: CoreWeave CEO Mike Intrator, July CPI Report, SpaceX’s AI Outlook 8/12/26

Squawk on the Street

Published
August 12, 2026
Duration
45:36
Summary source
description
Last updated
Aug 12, 2026

Discusses ai, investing.

Summary

Carl Quintanilla, Jim Cramer, and David Faber started the hour by breaking down this morning’s inflation print, with CPI rising 0.1% in July and the annual inflation rate coming in at 3.4%. The desk then brought in CoreWeave CEO Mike Intrator to discuss his company’s strong Q2 results, which sent the stock surging by double digits at the open. Also in AI,…

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Show notes

Carl Quintanilla, Jim Cramer, and David Faber started the hour by breaking down this morning’s inflation print, with CPI rising 0.1% in July and the annual inflation rate coming in at 3.4%. The desk then brought in CoreWeave CEO Mike Intrator to discuss his company’s strong Q2 results, which sent the stock surging by double digits at the open. Also in AI, SpaceX CEO Elon Musk outlined how AI revenue within the company will exceed all other sources of revenue before year-end. Squawk on the Street

Themes

  • ai
  • investing
9am Hour: CoreWeave CEO Mike Intrator, July CPI Report, SpaceX’s AI Outlook 8/12/26 | Squawk on the Street | Vagelintel