5 Things to Watch on
April 10, 2026

Markets are trending positively after the March inflation report came in lower than expected. Core CPI came in at +0.2% MoM and +2.6% YoY, both below consensus. The softer print was a meaningful relief, as investors had feared elevated oil prices would keep inflation sticky enough to push the Fed further on hold, and the cooler data kept rate-cut hopes alive.

CoreWeave (CRWV) is up over +5% in premarket trading after announcing a multi-year agreement to lease data center capacity to Anthropic, with compute coming online later this year. The deal spans multiple Nvidia (NVDA) chip architectures across U.S. data centers and will support Anthropic's Claude model development and deployment. Separately, Anthropic is reportedly exploring custom chip design as the AI industry scrambles to address a persistent compute shortage. Financial terms were not disclosed.

Treasury Secretary Scott Bessent and Federal Reserve Chair Jerome Powell called an urgent meeting with Wall Street leaders at Treasury headquarters Tuesday, citing cybersecurity concerns raised by Anthropic's latest Mythos AI model. Officials assembled bank representatives to ensure firms are aware of emerging risks from advanced AI systems and are actively hardening their defenses. The session underscores growing regulatory anxiety over how frontier AI models could expand the attack surface for financial institutions.

Berkshire Hathaway (BRK) sold ¥272.3B (~$1.7B) in yen-denominated bonds across six tranches ranging from three to thirty years, the company's first such deal since CEO Greg Abel took charge. The offering, BRK’s third-largest yen deal on record, comes amid elevated volatility in Japanese government bonds as the Iran conflict drags on. Ten-year notes were priced at a 90-basis-point spread, carrying a 3.084% coupon, meaningfully above the 2.422% coupon on BRK's November 2025 yen deal.

Qualcomm (QCOM) and Snap (SNAP) announced a multi-year agreement to power future generations of SNAP's Specs augmented reality eyewear with Snapdragon system-on-chip platforms. Specs, launching to consumers later this year, are standalone see-through glasses that overlay digital content on the physical world, with on-device AI enabling context-aware experiences without cloud dependency. The deal is the first flagship partnership for SNAP's dedicated Specs unit and extends a collaboration that has spanned multiple prior Spectacles generations.