U.S. stocks moved higher on Wednesday, led by technology names, after stronger-than-expected results from AI-related companies and a relatively mild CPI reading helped steady sentiment. The S&P 500 rose 0.3% to test its record, the Nasdaq 100 gained nearly 1%, and the Dow edged higher. CoreWeave surged 20% after posting sales above expectations, while SMCI advanced nearly 15% after issuing a revenue forecast that topped analysts' estimates. Hyperscalers (largest cloud-computing operators) and chip producers also gained after strong results from Tencent and fresh stakes by Temasek in SK Hynix and Samsung added to optimism around AI infrastructure stocks. Nvidia, Oracle, and Amazon were also higher. On the macro side, stable core inflation reduced pressure on the FOMC (Federal Open Market Committee) to raise interest rates, although uncertainty over the return of energy supply from the Middle East kept broader inflation worries alive.