--- title: "Midday Market Pulse: Core CPI Tops Estimates as Tech and Crypto Stocks Rally Against the Tide" type: "News" locale: "en" url: "https://longbridge.com/en/news/298745375.md" description: "U.S. August core CPI rose 0.3% MoM, beating the 0.2% forecast, pushing the odds of a Fed rate hike next week to 90%. Tech hardware and crypto-linked stocks surged, bucking the broader market pressure." datetime: "2026-09-11T14:24:07.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/298745375.md) - [en](https://longbridge.com/en/news/298745375.md) - [zh-HK](https://longbridge.com/zh-HK/news/298745375.md) generator: "portal-rs" --- # Midday Market Pulse: Core CPI Tops Estimates as Tech and Crypto Stocks Rally Against the Tide U.S. stocks traded in choppy fashion on September 11 after August core CPI rose **0.3%** month-over-month, topping the **0.2%** consensus estimate and lifting the probability of a Federal Reserve rate hike next week to **90%**. Tech and crypto-related names, however, powered higher, helping the Nasdaq outperform its peers. Technology hardware led the charge across the tape, with Hewlett Packard Enterprise surging over **11%** to pace the sector. Crypto mining stocks staged a broad-based breakout, with multiple names rallying more than **7%**. Conversely, the hotter-than-expected inflation print weighed on select consumer and financial names. **Tech Hardware Roars: HPE Jumps Over 11%** As of writing, Hewlett Packard Enterprise (HPE) soared **11.13%** to $61.37 on volume approaching 98 million shares; HP Inc. (HPQ) rallied **8.10%** to $35.38; Super Micro Computer (SMCI) gained **4.75%** to $39.16; Intel (INTC) advanced **3.47%** to $103.80; and Nvidia (NVDA) added 1.33% to $221.26. On the news front, Nvidia NVLabs open-sourced SoL-Pi, an efficiency optimization solution for AI coding agents. Testing showed token consumption reduced by **35% to 64%**, roughly halving associated costs. Separately, analysts noted that Nvidia's positioning in hybrid quantum-classical computing makes it a more compelling investment than pure-play quantum companies. **Crypto Stocks Erupt: Marathon Digital Surges Nearly 8%** At press time, Strategy (MSTR) climbed **6.20%** to $136.54; Marathon Digital (MARA) jumped **7.74%** to $12.32; Cipher Mining (CIFR) vaulted **8.38%** to $17.28; Terawulf (WULF) rose **7.00%** to $17.27; Bit Digital (BTBT) advanced 7.69%; and BTC Digital (BTCT) exploded 20.88% higher. Crypto miners ranked among the day's strongest subsectors. Elsewhere, Tesla (TSLA) edged up 0.40% to $365; Apple (AAPL) gained 1.71% to $332.16, with market attention turning to the newly launched foldable iPhone Duo, though reports of discounting in mainland China channels surfaced; NIO (NIO) rose 3.91%; and Robinhood (HOOD) added 1.70%. ### Related Stocks - [HPE.US](https://longbridge.com/en/quote/HPE.US.md) - [HPQ.US](https://longbridge.com/en/quote/HPQ.US.md) - [SMCI.US](https://longbridge.com/en/quote/SMCI.US.md) - [INTC.US](https://longbridge.com/en/quote/INTC.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [MSTR.US](https://longbridge.com/en/quote/MSTR.US.md) - [MARA.US](https://longbridge.com/en/quote/MARA.US.md) - [CIFR.US](https://longbridge.com/en/quote/CIFR.US.md) - [WULF.US](https://longbridge.com/en/quote/WULF.US.md) - [BTBT.US](https://longbridge.com/en/quote/BTBT.US.md) - [BTCT.US](https://longbridge.com/en/quote/BTCT.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md) - [NIO.US](https://longbridge.com/en/quote/NIO.US.md) - [HOOD.US](https://longbridge.com/en/quote/HOOD.US.md) ## Related News & Research - [NVIDIA Corporation $NVDA Stock Sold by Quartz Partners LLC](https://longbridge.com/en/news/300872368.md) - [NVIDIA Corporation $NVDA Shares Bought by Mmbg Investment Advisors CO.](https://longbridge.com/en/news/300849659.md) - [I Correctly Predicted Nvidia Would Overtake Apple in Stock Buybacks and Dividends. Here's the Better Buy Now.](https://longbridge.com/en/news/300784207.md) - [NIO Inc. Provides September and Third Quarter 2026 Delivery Update | NIO Stock News](https://longbridge.com/en/news/300643002.md) - [Intel (INTC) Receives a Rating Update from a Top Analyst](https://longbridge.com/en/news/300977561.md) --- > **Disclaimer: This article is for reference only and does not constitute any investment advice.**