OnePage Money - Your news on time is priceless

U.S. stocks sold off sharply, with the Dow down 500 points in the worst first-day performance for a new Fed chair since 1994, as investors reacted to Kevin Warsh’s policy signal.

CME’s CEO says the company plans to take legal action against the CFTC over perpetual futures.
Market coverage focuses on the stocks and sectors most likely to drive the next trading session.
Jeffrey Gundlach argues that Kevin Warsh is unlikely to be the easy-money Fed chair some investors expected.
Financial stocks are highlighted as having several names close to breakout levels.
JPMorgan is telling clients to be aggressive buyers of a particular semiconductor stock.
Wells Fargo says investors should focus on income-producing assets and identifies areas of opportunity.
A medical diagnostics company is showing chart patterns that suggest a major upward move could be coming.
One travel stock is forming a bullish breakout setup, with trading guidance being discussed.
Commentators say Elon Musk is gaining ground in one area, while SpaceX trading activity is drawing record interest.
Other major themes include chip manufacturing moves, AI executive turnover, patent disputes, U.S.-Iran developments, and rising concern over prices, oil, and the market impact of the new Fed chair.

Hong Kong stocks slumped to a near one-year low in afternoon trade as the Hang Seng Index extended losses by more than 500 points, with insurers and property developers among the hardest hit.

Lyons said New World Development’s privatization failed, but the stock still looks attractive on valuation, so the target price was cut to HK$58.5.
Hong Kong stocks fell more than 500 points in the afternoon, hitting a near one-year low, with insurance and property shares under heavy selling pressure.
Several Chinese government departments launched a rural new-energy-vehicle promotion campaign to boost EV adoption in the countryside.
The G7 formed a critical minerals alliance and platform to reduce dependence on Chinese supply chains.
The Hong Kong Observatory said the black rainstorm warning would remain in force at least until 3:00 p.m.
UBS raised BYD’s target price to HK$135, citing expectations for a rebound in profitability.
SK Hynix delivered HBM4E samples, helping South Korean stocks hit record highs, while a Hong Kong leveraged ETF tracking the sector jumped nearly 17%.
UBS gave Zhipu a “Hold” rating with a target price of HK$1,500, while Citi raised target prices for Kingboard Laminates due to stronger-than-expected laminate price increases.
Asian markets such as Japan, South Korea, and Taiwan all hit record highs, while Hong Kong lagged and fell to a near one-year low.
Major financial and regulatory developments in mainland China and Hong Kong centered on the Lujiazui Forum, with the PBOC, CSRC, and regulators announcing reforms to support technology, improve market structure, and expand financial opening.

Japan’s stock market surged to a record high, with the Nikkei topping 71,000 for the first time amid strong gains in tech shares and a broader rally in Tokyo equities.

Invoice purchasing helps companies get cash without waiting for payment. Mitsubishi UFJ Bank is supporting small and medium-sized businesses by turning invoices into immediate cash flow.
The Tokyo Stock Exchange surged sharply in morning trading. The Nikkei average rose 1,150.05 yen from the previous close to 71,052.30 yen.
The Nikkei broke above 71,000 for the first time. By 11:00 a.m., it was at 71,060.27 yen, and the TOPIX also reached a record high.
The yen weakened further against the dollar in Tokyo trading. Around 10:00 a.m., it was in the upper 160-yen range, raising caution because it was near levels seen before intervention.
Strong buying in technology stocks helped drive the market higher. The Tokyo market continued its sharp rally and kept setting new highs.
In New York, the yen fell to its weakest level in 1 year and 11 months. At one point, it reached 160.79 yen per dollar.
U.S. stocks snapped a five-day winning streak. The Dow fell 507 points as investors grew wary of the Federal Reserve’s hawkish stance on rates.
The Federal Reserve slightly lowered its 2026 GDP outlook. At the same time, it expects unemployment to improve.
York Holdings is aiming for an IPO as soon as possible. Its president said the company wants to go public at the earliest feasible timing, possibly from fiscal 2028 onward.
AI is being used to assess tree-fall risk quickly from smartphone photos. This tool is attracting attention from local governments that lack on-site experts.

Crypto markets turned sharply risk-off after a hawkish Fed sent Bitcoin and Ether lower and U.S. spot ETFs lost $111 million as rate-cut hopes faded.

The bond market is signaling that interest rates may stay higher for longer, which is a warning sign for Bitcoin bulls.
Bitcoin and ether ETFs saw heavy outflows of $111 million combined as expectations for near-term rate cuts faded.
Strategy’s STRC preferred stock fell to a record low below par, showing weakness in the company’s market sentiment.
XRP dropped 4% below $1.20 after its breakout rally lost momentum near a major resistance level.
Kraken says buying Bitcoin below its 200-week moving average has historically led to median gains of more than 100%.
Bitcoin and ether declined after a hawkish Federal Reserve, even as Trump’s signed Iran deal helped lift broader stocks.
Bitwise’s CIO said the next crypto bull run may be slower and less volatile as investors become more mature and selective.
CME’s CEO said the company intends to sue the CFTC after the regulator approved perpetual futures.
Kentucky is moving to target prediction markets, setting up a possible conflict with Trump’s team and broader federal interests.
Fidelity has joined the competition among major Wall Street firms to manage stablecoin reserves.

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.