[QCP: AI Credit Risk Replaces Inflation as the Market's Primary Concern, CoreWeave Plummets 15.5%] Odaily Planet Daily News - QCP released a market report indicating that the U.S. September CPI rose 3.7% year-on-year, exceeding the market expectation of 3.6%, and increased 0.6% month-on-month; core CPI rose 2.6% year-on-year, also surpassing expectations. Despite stronger-than-expected inflation data, U.S. Treasury yields fell sharply, with 10-year and 30-year Treasury yields reversing after hitting 5.35% and 5.73%, respectively, reflecting heightened market demand for safe-haven assets. QCP believes that credit risk in the AI infrastructure sector is becoming the focal point of market attention. CoreWeave's stock price dropped 15.5%, and its 5-year credit default swap (CDS) quote surged to 60%, sparking concerns about the debt repayment ability of AI computing power companies and dragging down the Nasdaq Index and South Korea's KOSPI Index. Additionally, MSCI's new classification method for non-operating companies may affect the eligibility of certain companies for index inclusion, further increasing structural risks in the market. QCP pointed out that the market's focus is shifting from inflation constraints to credit risks in the AI industry. With the tech company earnings season approaching in the next two weeks, these risks may continue to impact investor portfolio allocations and expectations for tech company IPOs this quarter.