9 AM Market Flash: Seagate Stocks’s Rally Is No Accident: 3 Reasons Wall Street Is Optimistic | GDP Growth Rate YoY Adv — Actual: 5.9 (Est:

Stronger than expected GDP growth is lifting US stocks with the SPX trading at 7244.08, up 1.47 percent on the session, while the VIX has eased to 17.38, down 3.18 percent. According to multiple sources, the GDP Growth Rate YoY Adv came in at 5.9 percent, beating estimates of 3.5 percent and the prior reading of 4 percent. That beat is giving traders confidence in the resilience of the US economy even as they watch for any shift in the Fed's rate outlook. In tech, Seagate's rally is gaining traction as Wall Street points to a new era of steady AI-driven growth, while analysts are also raising price targets on Microsoft amid its continued advances in artificial intelligence. Amazon's AWS revenue jumped 28 percent in the first quarter with a 364 billion dollar backlog tied to rising AI demand. Bitcoin is trading at 81,216 dollars, up 2.9 percent over the past 24 hours, reflecting the broader risk-on tone. I am your VixShield news reporter. Back to you, Russell.