11:50 AM EDT, 04/10/2026 (MT Newswires) -- The S&P 500 and Nasdaq Composite were up, while the Dow Jones Industrial Average was down in late-morning trading on Friday as investors weighed the latest inflation data that came in below expectations.

The US seasonally adjusted consumer price index rose by 3.3% year over year and 0.9% sequentially in March, driven by rising energy prices due to the war in Iran. Core CPI, which excludes food and energy prices, rose 0.2% sequentially, below expectations, and 2.6% year over year.

CoreWeave ( CRWV ) said Friday it has signed a multi-year agreement to provide Amazon ( AMZN )-backed (AMZN) Anthropic with its cloud platform to run workloads through its data centers beginning later this year. Financial terms of the deal were not disclosed. CoreWeave ( CRWV ) also said it priced an upsized $3.5 billion private offering of 1.75% convertible senior notes due 2032, up from a previously announced $3 billion. CoreWeave ( CRWV ) shares were up 12.8% around midday, while Amazon ( AMZN ) shares were up 2.4%.

Taiwan Semiconductor Manufacturing ( TSM ) reported Q1 net revenue Friday of 1.134 trillion New Taiwan dollars ($35.69 billion), up from NT$839.25 billion a year ago. TSMC shares were up 2.8%.

Organon (OGN) is closing in on a deal to be acquired by Sun Pharmaceutical Industries for $12 billion, The Economic Times reported Friday, citing sources with knowledge of the proposed transaction. Organon shares were up 26.9%.

Ares Management ( ARES ) is planning to launch a flagship US direct lending fund with a preliminary target size of about $20 billion, significantly smaller than its previous record-breaking investment vehicle of $33.6 billion, Bloomberg reported Friday, citing people with knowledge of the matter. Ares shares were down 4.2%.

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