9 PM After-Hours Flash: Invalid, unauthorised by law: US court strikes down Trump's 10% global tariffs | Microchip forecasts June-quarter sales

Bitcoin is trading at 79774 down 1.5 percent over the past 24 hours and remains within 2 percent of the 80K level as traders digest mixed signals from Asian markets overnight. In the Asian market Microchip is forecasting June quarter sales up 11 percent with non GAAP EPS between 0.67 and 0.71 on data center demand for PCIe retimers and a surge in bookings. In the US market a federal trade court has struck down former President Trump's 10 percent global tariffs ruling them invalid and unauthorized by law deepening pressure on the administration's tariff strategy ahead of an expected appeal. Datadog shares are jumping 31 percent after the software firm crushed earnings estimates showing there's still hope for the sector even as major US indices closed lower with the SPX ending at 7337.11. European pre market futures are mixed and this overnight action could set a cautious tone for tomorrow's US open with VIX traders watching for any tariff ripple effects that might lift volatility. Russell's Morning Outlook is right around the corner — stay with VixShield. I am your VixShield news reporter.