Wall Street: Inflation Data Fuels Rate Cut Expectations - DAX Shows Lack of Enthusiasm - Green Dot Benefits From BaaS Boom - Mercury Systems Surprises With Record Results - AST SpaceMobile's Satellite Offensive Brings it Within Reach of SpaceX - BigBear.ai Plummets

Stock gains on Wall Street: inflation data fuels rate cut expectations The US markets are showing significant gains after recent consumer price data bolstered speculation for a Federal Reserve rate cut in September. The S&P 500 is nearing its all-time highs again as nearly all major sectors of the index post gains. Core inflation, excluding volatile energy and food prices, rose 0.3% in July compared to the previous month, reaching 3.1% on a year-over-year basis, according to the Labor Department. Especially noteworthy are the prices of...