OnePage Money - Your news on time is priceless

US stocks plunged sharply as strong jobs data and rising Fed rate-hike odds triggered a broad market selloff, wiping out trillions from the S&P 500 and sending the Nasdaq to a record point drop.

Wall Street analysts are highlighting several dividend and income stocks as attractive options for steadier returns.
After a turbulent week, a number of stocks look technically stretched and may be due for a pullback.
Berkshire is moving in new directions under Abel, including large bets tied to artificial intelligence.
Short sellers are targeting Strategy as bitcoin weakness pressures crypto-linked stocks.
Several chip stocks are showing breakout fatigue, with some analysts warning they may be topping out.
Broadcom’s weaker guidance has knocked the stock down, but some investors see a possible buying opportunity.
Tesla is getting a more favorable view from JPMorgan after years of a sell rating.
SpaceX’s IPO excitement is being challenged by critics who say the valuation is far too high.
AI-related investment remains a major theme, from mega-cap spending plans to new ETFs and partnerships.
Markets are being driven by a mix of rate-hike fears, inflation concerns, geopolitical tensions, and broad risk-off selling.

Hong Kong stocks fell as the Hang Seng Index dropped 304 points and the Hang Seng Tech Index lost 132 points, led by a more than 4% slump in Meituan amid broadly active trading.

The UK is reportedly preparing to ban children under 16 from using “harmful” online platforms.
China said it is willing to keep communicating with Russia and India on advancing trilateral cooperation.
Hong Kong stocks fell sharply, with the Hang Seng Index down 304 points and technology shares under pressure, while trading remained active.
Major brokerages turned constructive on consumer, energy, and property-related names, with several “buy” calls and target price changes.
Sun Hung Kai Properties signed a five-year syndicated loan worth HK$20 billion, partly for refinancing.
Southbound vehicle access expanded to nine Greater Bay Area cities, and the daily quota for entering urban areas increased to 200 vehicles.
JD.com said people involved in spreading rumors and smears have already been punished under the law.
Electric vehicle maker BYD is developing humanoid robots, while UBTech reported more than 2,110 orders for ultra-bionic humanoid robots.
Nvidia’s Jensen Huang said the company will work with LG on humanoid robots and data centers.
Across Asia and global markets, risk sentiment weakened, with sharp declines in Korean, Japanese, Taiwanese, and A-share indices, while investment focus shifted toward AI, semiconductors, robotics, and other technology themes.

Tokyo stocks plunged sharply, with the Nikkei closing down 2,563 yen as selling hit AI and semiconductor shares amid a weaker U.S. market.

Bank growth strategy: Saitama Resona Bank is strengthening its regional expansion by focusing on the three pillars of “town,” “people,” and “jobs.”
Consumer sentiment improved: Street-level economic conditions improved for the first time in three months, helped by solid spending during the Golden Week holiday period in May.
Long-term interest rates rose: Japan’s 10-year government bond yield climbed to 2.715% as rising U.S. long-term rates spread to Japan.
G7 addresses fertilizer shortages: G7 agriculture ministers held an emergency meeting to discuss fertilizer supply problems and stable food production amid Middle East turmoil.
Tokyo stocks fell sharply: The Tokyo Stock Exchange dropped heavily, with the Nikkei ending down 2,563 yen, marking the second-largest decline this year as AI and semiconductor shares were sold off.
Another major market drop: At one point, the market fell more than 3,100 yen and briefly slipped below 64,000 yen, becoming the fourth-largest drop in history due to AI-chip selling and weaker U.S. stocks.
Current account surplus remained strong: Japan posted a current account surplus of 3.9078 trillion yen in April, its 15th straight month in the black, supported by a 13.9% rise in exports.
Yen weakened against the dollar: The yen traded in the upper 160-yen range as the U.S. jobs report boosted sentiment, while expectations of further Fed rate hikes encouraged yen selling.
Wage growth at small firms remains modest: Small and medium-sized businesses reported an average wage increase of 4.29%, slightly above last year, but the gap with large companies remains a concern.
Prices, investment, and business updates: Kirin will raise prices on products including Green Tea starting in October, Panasonic aims for 1 trillion yen in DC battery sales by 2028 through AI demand and factory repurposing, TOTO has resumed full order intake, the economy minister urged calm about the “2027 air-conditioner problem,” a long-established sweets maker filed for bankruptcy, and a lost radio CM recording was rediscovered.

Bitcoin jumped on reports that a U.S.-Iran deal is “almost complete,” briefly boosting crypto sentiment before wider market volatility pulled prices back.

CME has started offering bitcoin volatility betting, and two firms have already taken positions.
Zcash jumped 45% after developers introduced a proposed Ironwood upgrade.
XRP held above $1.10 after rebounding from four-month lows.
Bitcoin surged to $63,700, then caused the largest wave of short liquidations since late April.
Bitcoin briefly spiked and then dropped from $63,700 as analysts weighed Strategy’s next BTC-related moves.
Bitcoin slipped back under $63,000 amid Iran-Israel tensions and a crash in Korean stocks.
Tax policy updates from the Ways and Means crypto-related bills are drawing attention in the digital asset space.
Michael Saylor has renewed speculation about more bitcoin buying while Strategy faces growing scrutiny.
Bitcoin is trading near $60,000, and institutional sentiment appears to have shifted compared with February.
NYDIG says Bitcoin’s decline has multiple drivers, including AI, tech IPOs, quantum concerns, and possible Strategy selling pressure.

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.