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Moody’s Analytics Chief Economist Mark Zandi cautioned that forecasts for consumer spending lack solid fundamentals, stating his growing unease over wage stagnation, dwindling savings, and rising borrowing costs. Pushback on Consumer Resilience During the latest Inside Economics podcast, Zandi challenged the prevailing
Cipher Digital said it has started developing lateral pipelines across multiple sites to connect facilities to nearby natural gas supplies and support up to 2.5 gigawatts of on-site power generation.
BitMine Immersion Technologies shares traded 14% higher at $26.27 on Thursday after Ethereum rose 3.51% to $2,475.86 and broader digital asset markets firmed.
Webull (BULL) shares rose in a sector rally in online retail brokerages as Nasdaq and S&P 500 gained. Crypto-linked stocks tracked Bitcoin topping $80,000 amid lower yields and a weaker dollar, helped by Fed Governor Christopher Waller comments.
Salesforce shares rose 3.98% to $267.14 Thursday, extending a post-earnings rally after fiscal second-quarter 2027 revenue and adjusted profit beat estimates and the company announced an Anthropic partnership.
Bloom Energy shares rose Thursday as dovish remarks from Federal Reserve Governor Christopher Waller and falling U.S. Treasury yields lifted capital-intensive growth stocks.
Galaxy Digital (GLXY) shares rose more than 11% Thursday after Morgan Stanley raised its price forecast to $48 and kept an Overweight rating, as broader crypto markets rallied alongside the Nasdaq and S&P 500.
Coinbase Global shares were up 10.84% at $193.92 Thursday afternoon, with the move linked to Bitcoin topping $81,000 and broader crypto-sector optimism ahead of a Senate vote on the CLARITY Act.
Circle Internet Group shares were up 13.15% at $100.30 Thursday morning after Bitcoin climbed above $80,000, lifting sentiment across digital asset equities and demand expectations for USDC.
Chicago Fed President Austan Goolsbee said rapid AI data-center expansion is creating pressure on construction labor and equipment and could add to services inflation, raising overheating risks.