OnePage Money - Your news on time is priceless

US stocks are set for a mixed start as AI-driven gains, including surging Micron and Super Micro shares, offset Iran ceasefire uncertainty and falling oil prices.

Costco declined after earnings, but investors may still see a special bonus distribution soon.
Palantir appears poised for another move higher after a consolidation phase, with traders watching risk closely.
The VIX points to a calm market, even though traders themselves are still uneasy.
Snowflake posted its strongest day on record, and HSBC believes the stock could climb further.
AI continues to lift the broader stock market, but it may also create risks for private credit lenders.
Drone-related stocks are getting attention as reports suggest the U.S. may invest in the industry.
The CFTC is suing Rhode Island over its actions targeting prediction markets.
Wells Fargo’s CEO says consumers remain in strong shape, while the San Francisco Fed says policy is in a good place.
Micron and SanDisk received higher price targets, Nvidia also saw target hikes, and Super Micro surged after a smuggling plot was thwarted.
Markets are being shaped by a mix of AI enthusiasm, energy tensions, merger activity, and shifting investor favorites such as Ford, Eli Lilly, Robinhood, and Gold-related oil concerns.

Hong Kong stocks closed higher as the Hang Seng Index rose 176 points to 25,182 on heavy turnover, led by a 22% surge in Lenovo shares to a record high.

Hong Kong’s office market recorded 275,000 square feet of net absorption in the first quarter, with strong recovery momentum in core districts.
Goldman Sachs said Dell’s first-quarter profit beat expectations by a wide margin, with AI servers highlighted as a major growth driver, and kept a “Buy” rating.
UBS cut its target price for Weibo to HK$85.7, saying first-quarter results were in line with expectations but the outlook has become more cautious.
Macroeconomic data showed Switzerland’s May KOF leading indicator rose to 98, matching forecasts.
Vanke said it had completed repayment of 33.21 billion yuan of public bonds by the end of March, but operating conditions remain very difficult.
Taiwan’s first-quarter GDP preliminary estimate rose 14.55% year on year, beating expectations and prompting an upward revision to full-year forecasts.
Hong Kong home prices and rents showed firmness, with the Centaline City Leading Index at 157.45 and the rent index hitting a near seven-year high.
Alibaba-related and consumer internet names drew mixed broker attention, while JPMorgan said tighter cross-border regulation poses limited earnings risk for banks and insurers.
Hong Kong stocks closed higher overall, with the Hang Seng Index up 176 points, turnover surging above HK$460 billion, and Lenovo soaring more than 21% to a new high.
Across the broader news flow, AI, cloud infrastructure, optical modules, liquid cooling, solid-state transformers, and capital-market reform dominated the main themes, signaling strong policy and industry momentum.

Japan’s market focus was on the yen weakening to the 159-yen range amid rising inflation concerns and heightened caution over possible currency intervention, while the Nikkei briefly rebounded to 66,000 on easing geopolitical risks.

Government is considering a 1% consumption tax rate on food and beverages starting in April 2027, which would nearly realize Prime Minister Takaichi’s intention.
One month after an unusual “advance warning” style currency intervention, record-scale yen purchases have lost effectiveness, and the yen is nearing the 160-per-dollar range.
Sony Financial Group President Endo apologized for a fraudulent money transfer issue involving a subsidiary life insurer.
During the long holiday period, Japan conducted 11.7 trillion yen of yen-buying intervention, the largest monthly amount on record, to counter “dollar-buying in emergencies.”
The Japanese government and major financial institutions have obtained access rights to a new OpenAI product in the U.S. to strengthen cybersecurity measures.
A controversy over the Abe manager’s resignation has revived discussion of Japan’s “lost 30 years” of economic stagnation.
The Tokyo stock market briefly recovered to the 66,000 level, supported by hopes for progress in U.S.-Iran talks.
New York stocks continued rising to fresh record highs for a second straight day on expectations that the U.S.-brokered ceasefire will be extended.
The yen weakened into the upper 159 range in Tokyo trading as inflation concerns in Japan encouraged selling, while markets remained alert to possible intervention.
Additional major business and policy news includes Ebara’s semiconductor-focused investment strategy, anti-recurrence measures after an employee suicide incident, packaging price increases by Unitika, efforts to promote wood use in non-residential buildings, and regional population shifts showing Tsukuba overtaking Mito.

Bitcoin ETF outflows hit a record nine-day streak, signaling weakening demand as the world’s largest crypto underperforms risk assets.

AI agent mass deployment is being warned against as a major risk, while crypto regulation debates continue to focus on oversight gaps and potential policy blind spots.
Bitcoin is losing momentum after a strong run, with ETF outflows hitting a record streak and signaling weaker investor demand.
Institutional crypto derivatives are expanding, as U.S. regulators approve new perpetual-style trading access through platforms like Kalshi and Coinbase.
Tokenization and blockchain-based market infrastructure are advancing, including approvals tied to stock settlement and broader on-chain asset integration efforts.
Market leaders are divided on crypto’s scale and future, with major executives comparing some platforms to large traditional exchanges like NASDAQ.
Ethereum remains under pressure near key price levels, though some analysts still expect significant upside later in the year.
Altcoins and sector tokens are showing mixed performance, with names like Bittensor, Dogecoin, SUI, HBAR, and XLM making notable moves.
Rumors and headlines around XRP, Bitcoin, and strategy-related selling are creating noise, but several claims are being challenged or debunked.
Whale activity and demand trends suggest caution, as reports indicate stalled large-buyer accumulation and softening market support.
Retail-focused crypto content remains active, covering best coins to buy, wallets, casinos, exchanges, staking, and broader crypto education topics.

Disclaimer:
The information provided on this website is for informational and educational purposes only and should not be construed as financial, investment, trading, or other professional advice. All opinions, analyses, and commentary reflect the personal views of the respective authors and do not constitute recommendations to buy, sell, or hold any assets, securities, or cryptocurrencies. While every effort is made to ensure the accuracy and timeliness of the information presented, no warranty, express or implied, is given regarding its completeness, reliability, or suitability. Financial markets, particularly cryptocurrencies and digital assets, involve significant risk and volatility. You should conduct your own research, seek independent advice from licensed financial advisors, and assess your risk tolerance before making any investment decisions. The website, its contributors, and affiliates assume no liability for losses or damages arising from the use of or reliance on any information contained herein. External links are provided for convenience and informational purposes only; the site has no control over and assumes no responsibility for their content or policies. By using this website, you acknowledge and agree to these terms.