US Treasury Secretary: Headline inflation data is very moderate, while core inflation is slowing.

Societe Generale said the strong U.S. corporate earnings trend is spreading beyond large-cap tech stocks and continuing to support the stock market. The firm noted that 86% of companies have beaten earnings estimates, with profit margins at historical highs, and its 2026 earnings per share (EPS) forecast has been raised to $335. The French bank added that artificial intelligence (AI) investment remains robust, projecting the S&P 500 index will hit 8,000 points, and urged investors to "buy the dip".

According to market sources, the United States is soliciting comments on expanding the scope of products subject to metal tariffs. The U.S. proposes imposing tariffs on items including welding machines, cranes and other related products.

According to Bloomberg, prediction market platform Polymarket is seeking to raise funds at a valuation of over $20 billion, just months after completing its last funding round and securing a new investment from hedge fund D.E. Shaw & Co. Per sources familiar with the matter, the platform is in early-stage talks with potential investors, targeting to raise roughly $1 billion. The sources requested anonymity because the discussions involve non-public information.

Federal Reserve’s Paulson said he cannot currently provide interest rate guidance and maintains an open stance. If no progress is made on inflation, policy may need to be readjusted. Monetary policy is facing a complex juncture.

Bitdeer announced its subsidiaries Tydal Data Center AS and Volta Tydal AS have signed a 16-year hosting, leasing and services agreement for the Tydal AI/HPC campus in Norway. The company will deliver 121 IT megawatts (approx. 133 total megawatts) of capacity, all configured with NVIDIA GPUs, to serve a leading AI lab. The base-term contract generates roughly $4.7 billion in revenue, with an 8-year renewal option bringing potential total contract value to approximately $8 billion. The modified gross rent averages $202 per kilowatt per month, with electricity costs reimbursed by the tenant and a 3% annual escalation clause. Bitdeer projects a net operating income (NOI) margin of around 90%, with annual revenue per IT megawatt estimated at roughly $2.4 million. Per BIT (bit.com) market data, Bitdeer’s US pre-market trading is up 11.7%, changing hands at $12.77.

According to market data from BIT (bit.com), AI cloud computing firm Corvex saw its U.S. pre-market shares surge 110.13%. The company announced it has signed a multi-year agreement to supply a cluster equipped with NVIDIA Blackwell GPUs and NVIDIA Quantum-2 InfiniBand networking to a leading artificial intelligence company.