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Aspire Biopharma Holdings, Inc., Provides Development Update on BUZZ BOMB(TM), its New Sublingual Pre-Workout Supplement, Expected to Launch in Third Quarter of 2025

Sublingual nano technology delivers caffeine rapidly to the blood stream, bringing its unique disruptive benefits to the Pre-workout market Initial production has commenced with six flavor options Expanded pre-launch consumer testing planned for Q2 2025 Aspire to launch BUZZ BOMB™ at two major upcoming fitness conventions Marketing plan focused on cost-effective multi-channel digital strategy targeting […]

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  • Sublingual nano technology delivers caffeine rapidly to the blood stream, bringing its unique disruptive benefits to the Pre-workout market

  • Initial production has commenced with six flavor options

  • Expanded pre-launch consumer testing planned for Q2 2025

  • Aspire to launch BUZZ BOMB™ at two major upcoming fitness conventions

  • Marketing plan focused on cost-effective multi-channel digital strategy targeting primary influencers, direct response sales and traditional retail sales channels

  • Global pre-workout supplements market size is expected to reach $27.97 billion by 2030, registering a CAGR of 5.9% from 2025 to 2030

HUMACO, PUERTO RICO and NEW YORK, NY / ACCESS Newswire / May 28, 2025 / Aspire Biopharma Holdings, Inc. (Nasdaq:ASBP) (“Aspire” or the “Company”), a developer of a multi-faceted patent-pending drug delivery technology, today announced the brand name BUZZ BOMB™ and anticipated market launch for its novel sublingual pre-workout supplement. BUZZ BOMB™ features 50mg of caffeine and is designed to support sustained energy and mental focus, helping athletes and fitness enthusiasts maximize their performance potential.

Aspire has commenced initial production of BUZZ BOMB™, its single serving pre-workout caffeine supplement utilizing Aspire’s patent-pending and proprietary sublingual delivery technology.The pre-workout formula is conveniently packaged in a single serving packet for easy on-the-go use. Consumers will have a choice of six BUZZ BOMB™ flavors, including Tropical Fruit, Mixed Berry, Watermelon, Lemon Lime, Peach Mango, and Mocha Coffee.

Fitness Convention Booth and Sponsor Events for BUZZ BOMB™ Launch

The Company expects to begin expanded pre-launch consumer testing of this supplement product during the second quarter of 2025. In August, the Company will have a booth and be an event sponsor at two of the largest fitness conferences in the nation where over 50,000 people interested in health, fitness, optimization, nutrition, and overall wellbeing will be able to taste, sample, and experience the BUZZ BOMB™ pre-workout supplement.

FITCON Expo
https://fitcon.com/

August 1-2, 2025
Mountain America Expo Center, Salt Lake City, Utah

The Fit Expo™
https://thefitexpo.com/cities/anaheim/
August 2-3
The Anaheim Convention Center, Anaheim, CA

Management Commentary

“The introduction of Aspire’s caffeine-based “Buzz Bomb™” Sublingual Pre-Workout energy supplement has the ideal unique characteristics to disrupt the fast-growing, multi-billion-dollar Sports Nutrition and Fitness market,” said Kraig Higginson, Chief Executive Officer of Aspire. “We are excited about the early feedback from fitness trainers and athletes-who love how clean and simple our product is–and we look forward to the implementation of our phased marketing plan as we prepare for our market launch in the early third quarter. Initial production, performed by Desert Stream, a leading private label manufacturer in the health and wellness industry, has proceeded as planned and we expect to have ample product available for consumer testing and launch.

While we are initially focused on the fitness pre-workout market, we believe the product also has tremendous broad market appeal in the Cognitive Focus and Energy Boost markets for professionals seeking a safe, healthy way to meet energy demands at work. We believe it may also appeal to a growing Health and Nutrition market as a weight loss enhancement, and as a coffee alternative, providing the taste, energy, and cognitive boost of coffee, while on the go, without the adverse effects of disrupting the gut micro biome and the liver, that is associated with long term coffee consumption.”

Higginson added, “As part of our commercial and revenue strategy, BUZZ BOMB™, is expected to provide Aspire with the opportunity for rapid, cost-effective market entry, and early revenue and cash flow while we complete our FDA clinical trials and application process for our high-dose aspirin product.”

BUZZ BOMB™: Disruptive Characteristics

The Pre-Workout supplement market segment is flooded with many options for energy boosting and hydration products. Many, if not most, of these products today are based on a powdered “mix + water” combination that take 20-30 minutes to digest and begin to provide performance benefits. This disadvantage complicates use, response management, caffeine control, and effectiveness. In contrast, Buzz Bomb™ provides nearly instant energy, in easy-to-use small sublingual packets, which can be taken right before and during work out as needed.

Market research shows that immediacy, ease of use and time management (take as needed, when needed) ranks highest in consumer preferences. Buzz Bomb™ offers potentially disruptive benefits and product characteristics that is expected to drive market penetration with significant differentiation, leading to rapid customer conversion, acquisition, and brand identity in this market.

Aspire’s sublingual nano technology is designed to deliver caffeine directly to the blood stream, bringing its unique disruptive benefits to the Pre-Workout market. These unique benefits provide significant product differentiation from powder mix beverage products that currently dominate the market segment.

BUZZ BOMB™ Disruptive Features:

  • Speed – works nearly immediately vs. 20-30 minutes

  • Convenience – easy to use small packets vs. mix beverages

  • Energy management – use as needed, when needed to manage energy

  • Single Safe Ingredients – well known benefits and use of caffeine

  • Low manufacturing & packaging costs – competitive pricing with high margin potential

  • Easy powerful product demonstration – enabling low-cost sample kits

Pre-workout Supplements Market & Growth Drivers

According to Research and Market Reports recent report, “The global pre-workout supplements market size is expected to reach $27.97 billion by 2030, registering a CAGR of 5.9% from 2025 to 2030.”

Growth Drivers

  • Rising fitness culture and gym memberships

  • Consumer focus on performance and recovery

  • Expanding demographics (women, Gen Z, casual exercisers)

  • Growth of RTD (“Ready To Drink”- no mixing) formats & natural formulations

  • Digital fitness and influencer-led marketing

About the Aspire Targeted Oral Delivery Platform

Aspire’s technology delivers a soluble, fast acting granular or powder formulation which has been developed by using our patent-pending methodology, and “trade secret” process. The technology’s new mechanism of action allows for rapid sublingual absorption and entry into the bloodstream of supplements and other substances. The benefits of “rapid absorption” are to provide rapid impact in more precise quantities.

About Aspire Biopharma, Inc.

Headquartered in Humacao, Puerto Rico, Aspire Biopharma has developed a disruptive technology through a Novel Soluble Formulation which can deliver supplements and drugs rapidly and precisely. For more information, please visit www.aspirebiolabs.com.

Safe Harbor Statement

Certain statements made in this communication are “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may generally be identified by the use of words such as “estimate,” “projects,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “would,” “should,” “future,” “propose,” “potential,” “target,” “goal,” “objective,” “outlook” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the financial position, business strategy and the plans and objectives of management for future operations. These statements are based on various assumptions, whether or not identified in this communication, and on the current expectations of Aspire’s management and are not predictions of actual performance. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as and must not be relied on by any investor as a guarantee, an assurance, a prediction or a definitive statement of fact or probability. These forward-looking statements are not guarantees of future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the control of the parties, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Aspire Biopharma Holdings, Inc.

Contact

TraDigital IR
Kevin McGrath
+1-646-418-7002
kevin@tradigitalir.com

SOURCE: Aspire Biopharma Holdings, Inc.

View the original press release on ACCESS Newswire



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Segg Media in $10m move for GXR tech, user base

(Gualter Fatia/Getty Images) Segg Media has completed its $10m (€8.8m) acquisition of the technology assets and user base of GXR, the Dubai-based media company whose streaming deals with top European leagues recently collapsed. You’ll need a subscription to continue reading Discover our range of subscription choices, with options starting from £39/month Already have an account? […]

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(Gualter Fatia/Getty Images)
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Segg Media has completed its $10m (€8.8m) acquisition of the technology assets and user base of GXR, the Dubai-based media company whose streaming deals with top European leagues recently collapsed.

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Whoop’s Healthspan Feature Is Coming to 4.0 Devices

We may earn a commission from links on this page. When the Whoop 5.0 and MG launched back in May, one of the buzzy new features was Healthspan, which aims to calculate how your body is aging. It was a feature only available to Whoop members who had the new 5.0 or MG—but now it’s […]

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When the Whoop 5.0 and MG launched back in May, one of the buzzy new features was Healthspan, which aims to calculate how your body is aging. It was a feature only available to Whoop members who had the new 5.0 or MG—but now it’s coming to Whoop 4.0 as well. 

The Whoop 4.0 is still a great tracker. Most of the value of the 5.0 is in its longer battery life and, until recently, the Healthspan feature that the 4.0 didn’t get. If you prefer to hang on to your 4.0 (for example, to make use of your strap collection, or just because you haven’t wanted to pony up for an early upgrade) this announcement is great news.

What is Healthspan? 

Healthspan is a Whoop feature that calculates your “Whoop age” (younger is better) and your “pace of aging.” So if your Whoop age is 5 years younger than your actual age, you can feel pretty good about your health. 

This is, of course, a made-up number. Lots of wearables and health apps will calculate an age for you, subtracting years if you exercise a lot and have a “healthy” BMI. (Oura and Garmin peg me at about 10 years younger than I really am; Ultrahuman is tougher, saying my true age is nearly the same as my actual age.) I haven’t unlocked my Whoop age yet, since it needs several weeks’ worth of data to come up with its first estimate.

Whoop says that Healthspan incorporates nine key metrics: 

  • Sleep consistency

  • Total hours of sleep

  • Daily steps

  • Time in heart rate zones 1-3

  • Time in heart rate zones 4-5

  • Time in strength activities

  • Estimated VO2max

  • Resting heart rate

  • Estimated lean body mass

Healthspan isn’t a scientifically validated number. In other words, I can’t compare the number I get from my Whoop to a “real” healthspan, since there is no such thing. So there’s no way to really evaluate how good Whoop is at calculating a healthspan. 


What do you think so far?

I will note, somewhat cynically, that improving your healthspan involves interacting with your Whoop device more than you otherwise might. If you don’t wear it all day, your daily steps number will be lower. If you don’t log every strength workout in the app, you won’t get credit for those. Much like the Apple Watch’s “stand hours,” some of these health metrics double as grading you on how much you’re using the product.

When is Healthspan coming to the 4.0? 

Whoop has been hinting for a while that Healthspan would be coming to older devices, but now we have a date. Whoop announced today that Peak members with 4.0 devices will be able to access the Healthspan feature with a rollout that is starting August 5. 

Peak is the middle tier of memberships, the one that you probably got automatically rolled into if you have a 4.0 device and didn’t take any action to upgrade your membership. 





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The New Era of Sports: How Tech, Fans, and Betting Are Changing the Game

From packed stadiums to live streams on your phone, the way we engage with sports has completely transformed. What used to be a weekend ritual for die-hard fans has become a 24/7, interactive, global experience — one that blends entertainment, technology, and real-time decision-making. Whether you’re into football, tennis, basketball, or Formula 1, sports today […]

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From packed stadiums to live streams on your phone, the way we engage with sports has completely transformed. What used to be a weekend ritual for die-hard fans has become a 24/7, interactive, global experience — one that blends entertainment, technology, and real-time decision-making.

Whether you’re into football, tennis, basketball, or Formula 1, sports today are faster, more accessible, and more personalized than ever before. And it’s not just about watching. Fans are now part of the game in ways that would’ve been unthinkable just a few years ago.

Watching Sports Isn’t What It Used to Be… And That’s a Good Thing

Gone are the days when you needed cable to catch a game or had to be in the same country as your team. Now, you can stream Wimbledon from your phone via Eurosport, follow NBA highlights on TikTok, or track your fantasy football league with live stats.

This shift is especially appealing to younger audiences. According to Statista, 70% of Gen Z sports fans now use a second screen while watching sports. That might mean chatting on Discord during a match, placing live bets, or scrolling through memes while the ref checks VAR.

The second-screen experience includes:

  • Live stats, player data, and injury updates
  • Fantasy league trackers and betting odds
  • Social media reactions and in-game commentary

Some fans even switch between entertainment formats mid-game — maybe streaming a tennis match on Eurosport, and then taking a quick break to play pokies at Leon Casino while waiting for the next set. It’s all part of a more flexible, on-demand sports culture.

Tech Is Behind the Scenes and On the Field

Technology is no longer just for fans — it’s a game-changer for players and coaches, too.

Smarter Training Through Data

Top teams and athletes are using wearable tech to improve performance and avoid injury. GPS trackers, heart-rate monitors, and sleep analytics are all standard now.

In American football, every NFL player wears an RFID chip that tracks movement down to the millisecond. In soccer, clubs like Manchester City analyze every pass and sprint using AI to optimize training before the next match.

Stadiums Are Getting a Digital Upgrade

The stadium experience is evolving, too, thanks to 5G and real-time apps:

  • Scan your ticket with facial recognition
  • Order snacks from your seat
  • View multiple camera angles from your phone
  • Access live betting odds mid-game

It’s not just about being there — it’s about making sure every minute counts, whether you’re in the nosebleeds or watching courtside replays in augmented reality.

Betting Is Now a Built-In Part of the Experience

Once a niche activity, sports betting has gone mainstream and mobile. According to Statista, the global online sports betting market is expected to hit $130 billion by 2026.

But it’s not just about betting on the winner anymore. Modern fans are into:

Type of Bet What It Means
Micro-betting Wagers on in-game events like “next point winner”
Fantasy-linked bets Bet based on how your fantasy team performs
Real-time odds Odds shift dynamically as the game unfolds

With sports and betting so closely tied, casino platforms have evolved into hybrid spaces, not just for slots or cards, but as extensions of the live game experience. They sit alongside sports streamers, fantasy apps, and even Twitch commentary in the new sports ecosystem.

Fans Are More Global Than Ever

One of the biggest shifts in recent years? You don’t need to be in Boston to love the Celtics, or in Melbourne to follow the Australian Open.

What’s behind this global fandom?

  • Streaming platforms: Eurosport, DAZN, ESPN+, and others make it easy to follow any league, anywhere.
  • Social media virality: Highlights from Japanese baseball or South Korean volleyball can go global overnight.
  • Crossovers with gaming and eSports: Athletes stream on Twitch, and eSports orgs sponsor real-world teams.

This accessibility has led to what some call “multi-fandom.” You might follow Manchester United, Serena Williams, and the Boston Bruins, all from different sports, continents, and time zones, and still feel part of each community.

Looking Ahead: What’s Next for Sports Fans?

It’s safe to say the line between spectator and participant will keep blurring. Here’s what’s on the horizon:

  • AI-curated content: Personalized game highlights based on your favorite teams or players.
  • Blockchain ticketing: Reduce scalping and reward loyal fans with perks.
  • Athlete-driven media: More pros are launching podcasts, brands, and even production studios.

Athletes are no longer just players. They’re creators, influencers, and entrepreneurs. And fans? They’re not just viewers, but participants, bettors, commentators, and content creators themselves.

Wrapping Up

Sports today are about connection — not just to teams, but to data, to other fans, and to a dynamic, digital world. Whether you’re watching tennis on Eurosport, following a fantasy league, or taking a break to enjoy some online gaming, you’re part of a constantly evolving experience.

And for many fans, that’s what makes sports more exciting than ever. It’s not just about the score; it’s about how many ways you can get in on the action.





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AI Researchers Field Hundred-Million-Dollar Offers in Talent War

Top artificial intelligence researchers are reportedly fielding offers of as much as hundreds of millions of dollars a year amid a talent war that involves companies like Meta, OpenAI and Google. The researchers are responding by mulling over the offers with their entourages, comparing the deals with their peers and seeking counteroffers from other AI […]

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Top artificial intelligence researchers are reportedly fielding offers of as much as hundreds of millions of dollars a year amid a talent war that involves companies like Meta, OpenAI and Google.

The researchers are responding by mulling over the offers with their entourages, comparing the deals with their peers and seeking counteroffers from other AI companies, The New York Times reported Thursday (July 31).

The report compared the competition for talent to that seen with NBA and NFL stars, but added that unlike sports teams, tech companies are not limited by a salary gap.

The competition is so fierce because the potential benefits of AI advancements to the companies are so great, while the pool of talent is limited because few companies have access to the amount of computing power it takes to drive the most advanced systems, according to the report.

In the case of Meta, the company seeks candidates from “the List,” which includes AI talent with qualifications like a Ph.D. in a related field, experience at a top lab and contributions to breakthroughs in the field, the report said.

Companies seeking to add or retain AI talent are reportedly changing their compensation structures, asking employees who might be poached to give the company a chance to make a counteroffer, and offering not only money but also access to the computing power that fuels AI.

Alphabet and Google CEO Sundar Pichai was asked during a July 23 earnings call about the talent poaching going on in the AI community. Pichai said top researchers join companies based on a host of reasons, not just compensation. These reasons include access to computing power and the quality of peers they would meet at work.

“We’re pretty competitive on all those fronts,” Pichai said.

Apple CEO Tim Cook said Wednesday (July 30) during an earnings call that Apple will “significantly” step up investments and dedicate more staff toward the development of AI features.

It was reported July 14 that investors concerned by Apple’s slump in share prices and frustrated with its delays in introducing AI features were calling on the company to acquire or hire new AI talent.



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Trump Revives Presidential Fitness Test, A Sign That MAHA Might Be Serious About Exercise

Whatever the merits of the controversial test, President Trump’s decision to bring it back could mark a turning point for the American fitness industry President Donald Trump signed an executive order on Thursday reinstating the Presidential Fitness Test, a sign that his administration may be serious about making fitness a bigger part of American life.  […]

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Whatever the merits of the controversial test, President Trump’s decision to bring it back could mark a turning point for the American fitness industry

President Donald Trump signed an executive order on Thursday reinstating the Presidential Fitness Test, a sign that his administration may be serious about making fitness a bigger part of American life. 

The Presidential Fitness Test had been implemented in American schools since the 1950s before being phased out by the Obama Administration in favor of the Youth Fitness Program, which focused more on individual health progress over one-size-fits-all testing. 

While it’s unknown exactly how the new version of the Presidential Fitness Test will look, old versions tested students on movements including sit-ups, push-ups or pull-ups, shuttle runs, one-mile runs and sit-and-reach stretching exams. Health and Human Services Secretary Robert F. Kennedy, Jr. will be responsible for administering the test. 

In a statement, the White House said the restoration of the test is aimed at “addressing the widespread epidemic of declining health and physical fitness” among young Americans. 

“We are building a nation of strong, proud and unstoppable young Americans,” Trump added in a statement. “The Presidential Fitness Test is not just about physical strength — it’s about character, competition and confidence. Together, we are making fitness fun, competitive and cool again.”

As part of the executive order, Trump is also bringing back The President’s Council on Sports, Fitness & Nutrition, which has been tasked with developing ‘bold and innovative fitness goals for young Americans.” Current or former athletes including golfers Bryson DeChambeau and Annika Sorenstam, Kansas City Chiefs Kicker Harrison Butker and NFL legend Lawrence Taylor attended a signing ceremony on Thursday afternoon. 

Whatever the merits of the Presidential Fitness Test — the exam has been criticized by some experts for its emphasis on rigid, one-size-fits-all testing — Trump’s decision to bring it back could mark a turning point for the American fitness industry amid the Make America Healthy Again (MAHA) movement. 

Fitness industry stakeholders and political analysts have expressed optimism that the industry could have a chance to gain a bigger seat at the table in Washington, D.C., under the Trump Administration, citing the MAHA movement’s emphasis on physical inactivity as a key contributor to the current youth obesity epidemic. 

So far, that opinion has yet to play out in practice. 

Last month, the Senate scrapped a provision in Trump’s “big beautiful” tax bill that would’ve allowed Americans to use tax-free funds from Health Savings Accounts (HSAs) on youth sports and fitness-related purchases including gym memberships. The provision was rooted in the PHIT Act, a piece of legislation long supported by the Health & Fitness Association (HFA), the top trade association for the American fitness industry.

Proponents, however, will likely point to Trump’s re-establishment of the fitness test as a positive sign for the future of the fitness industry — and the idea that working out can become a bigger part of the lives of young Americans. 

See Also

Personal trainer working out with client

Anthony Geisler, the former CEO of Xponential Fitness and current leader of Sequel Brands, said that he’s been in talks with U.S. government officials to create a “fitness commission” that would align with the MAHA movement. 

At the ATN Innovation Summit 2025, Geisler urged all fitness industry stakeholders, regardless of their political beliefs, to join him in advocacy efforts. 

“Five years ago, literally, our entire industry was illegal,” Geisler said, pointing to the “prohibition of fitness” as gyms and studios were locked down during the COVID-19 pandemic. 

“This isn’t a one-year plan or a two-year plan,” he added. “This is a (long-term) plan to continue to push fitness into the White House, into the mainstream.”

HFA, for its part, sent a statement to its members praising the Trump Administration’s decision.

“We commend the administration for restoring national leadership on youth fitness,” HFA president and CEO Liz Clark wrote. “The reestablishment of the President’s Council and Fitness Test affirms that physical activity is a public health priority. Instilling lifelong habits of movement in our youth is one of the most powerful tools we have to improve the nation’s well-being.”





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Losses for health care stocks help push Wall Street lower | News, Sports, Jobs

Robert Charmak, right, works on the floor at the New York Stock Exchange in New York, Wednesday, July 30, 2025. (AP Photo/Seth Wenig) (AP) — Stocks capped a choppy day of trading on Wall Street with more losses Thursday after an early big tech rally faded and a health care sector […]

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Robert Charmak, right, works on the floor at the New York Stock Exchange in New York, Wednesday, July 30, 2025. (AP Photo/Seth Wenig)

(AP) — Stocks capped a choppy day of trading on Wall Street with more losses Thursday after an early big tech rally faded and a health care sector pullback led the market lower.

The S&P 500 fell 0.4%, its third straight decline. The benchmark index, which is just below the record high it set on Monday, notched a 2.2% gain for the month of July and is up 7.8% so far this year.

The Dow Jones Industrial Average lost 0.7%, and the Nasdaq composite closed less than 0.1% lower.

Roughly 70% of stocks in the S&P 500 lost ground, with health care companies accounting for the biggest drag on the market.

Health care stocks sank after the White House released letters asking big pharmaceutical companies to cut prices and make other changes in the next 60 days. Eli Lilly & Co. fell 2.6%, UnitedHealth Group slid 6.2% and Bristol-Myers Squibb dropped 5.8%.

Gains by some big technology stocks with hefty values helped temper the impact of the broader market’s decline.

Meta Platforms surged 11.3% after the parent company of Facebook and Instagram crushed Wall Street’s sales and profit targets even as the company continues to pour billions of dollars into artificial intelligence.

Microsoft climbed 3.9% after posting better results than analysts expected. The software pioneer also gave investors an encouraging update on its Azure cloud computing platform, which is a centerpiece of the company’s artificial intelligence efforts.

Big Tech companies have regularly been the driving force behind much of the market’s gains over enthusiasm for the future of artificial intelligence.

Elsewhere in the market, design software company Figma soared in its stock market debut. The stock vaulted 250% above its initial public offering price of $33 a share.

All told, the S&P 500 fell 23.51 points to 6,339.39. The Dow dropped 330.30 points to 44,130.98, and the Nasdaq gave up 7.23 points to finish at 21,122.45.

Earnings remain a key focus outside of the technology sector in what has been a heavy week so far for corporate financial results. CVS Health fell 0.3% after it topped Wall Street expectations for the second quarter and raised its full-year forecast again.

In economic news, the Commerce Department said prices rose 2.6% in June compared with a year ago, as measured by the personal consumption expenditures index. That’s the Federal Reserve’s preferred measure for inflation. The latest reading was slightly higher than economists expected and also marks an increase from an annual pace of 2.4% in May.

Results from another measure of inflation earlier this month, the consumer price index, also showed inflation rising in June.

Also on Thursday, a report showed that the number of Americans filing for unemployment benefits inched up last week.

The latest updates on inflation and the jobs market are landing amid lingering concerns about the impact of tariffs. Inflation’s temperature is being closely monitored by businesses and the Fed to better gauge the impact of President Donald Trump’s on-again-off-again approach to import taxes. Companies including Ford and Hershey’s have more recently warned that tariffs are weighing on their latest and projected financial results.

Trump has said he will levy tariffs against goods from dozens of countries if they don’t reach agreements with the U.S. by Friday. The latest developments in the seemingly unpredictable tariff landscape include a potential pause in tariff escalations with China and a deal with South Korea.

However, Trump said Thursday that he would enter a 90-day negotiating period with Mexico over trade as 25% tariff rates stay in place.

The reasons behind trade policy decisions remain unpredictable. On Wednesday, Trump signed an executive order to impose his threatened 50% tariffs on Brazil. He has directly linked the import tax to the trial of his ally, the country’s former president Jair Bolsonaro. He has also said that trade negotiations with Canada would be more difficult in the wake of that nation’s economically unrelated decision to recognize a Palestinian state.

Uncertainty over tariffs and inflation have prompted the Fed to leave its benchmark interest rate alone through the central bank’s past five meetings, including the one that ended Wednesday. The Fed has been trying to cool the rate of inflation back to its target of 2%. It has come close, but inflation remains stubbornly stuck just above that target.

A cut in rates would give the job market and overall economy a boost, but it could also risk fueling inflation. Fed Chair Jerome Powell has been pressured by Trump to cut the benchmark rate, though that decision isn’t his to make alone, but belongs to the 12 members of the Federal Open Market Committee.

“Inflation is only a bit above the Fed’s target, but looks likely to rise in the second half of the year due to tariffs,” said Bill Adams, chief economist for Comerica Bank. “With the job market in pretty good shape, they see room to hold interest rates steady and lean against inflation’s increase near-term.”

Wall Street has been tempering their expectations for rate cuts at the Fed’s next meeting in September. Traders now see a 39% chance of a rate cut, according to data from CME Group. That’s down from 58.4% a week ago and a 75.4% chance a month ago.

Treasury yields held steady in the bond market. The yield on the 10-year Treasury was unchanged at 4.37%. The yield on the two-year Treasury remained at 3.94% from late Wednesday.

Markets were mostly mixed in Asia and Europe.



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