Midday Key Developments on May 12

7:00-12:00 Keywords: CPI, an investment institution, Walsh1. The US Department of Labor will release April CPI data tonight at 20:30;2. Walsh has passed the key procedural vote, and the handover of the Federal Reserve chairmanship has entered the countdown;3. The Trump administration has asked the court to pause the ruling on the 10% global tariff;4. An investment institution spent $5.5 million to increase its holdings of Circle stock, which surged 16% thanks to its Q1 earnings report;5. Wedbush: Forecasts the Nasdaq will challenge the 30,000 mark in the coming year, suggests deploying across the full AI industry chain;6. Arthur Hayes: The Bitcoin bull market actually started at the end of February, and expects that a break above $90,000 will accelerate the uptrend;7. Tom Lee: Over the past year, Ethereum supply has continued to contract. The bid from crypto treasury companies and staking activities are reinforcing this trend.