Golden Noon Report | Summary of Major Developments on May 12th Afternoon

7:00-12:00 Keywords: CPI, ARK Invest, Waish (Vosh)

1. The U.S. Department of Labor will release April’s CPI data tonight at 20:30;
2. Vosh votes on key procedures as the handover of the Federal Reserve Chair moves into a countdown;
3. The Trump administration asks the court to pause the enforcement of the ruling on a 10% global tariff;
4. ARK Invest spends $5.5 million to add to its Circle stock position, which jumped 16% on its Q1 earnings report;
5. Wedbush: Forecasts that the Nasdaq will test the 30,000-point level in the next year, and recommends positioning across the full AI industry chain;
6. Arthur Hayes: The Bitcoin bull market started as early as late February, and expects the rally to accelerate after breaking through $90,000;
7. Tom Lee: Over the past year, Ethereum’s supply has continued to be deflationary, with crypto-treasury company buy pressure and staking strengthening.