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Planet Labs shares fell 2.26% to $13.81 in early Thursday trading, continuing a multi-session decline. The move came without an apparent fresh company-specific catalyst; the article links weakness in growth stocks to higher bond yields after U.S. inflation data.
Bitcoin (CRYPTO: BTC) punched through $80,000 on Friday, driving a rally in crypto equities even as broader markets stalled under rising bond yields. Kansas City Fed President Jeffrey Schmid delivered a hawkish signal, defending rate hikes against sticky, broad-based inflation above 3%. Bond yields spiked in response