OnePage Money - Your news on time is priceless

U.S. markets were pressured as Nasdaq futures slid on global tech weakness, with investor attention centered on earnings and rising caution around AI-related spending.

Wells Fargo is moving to the sidelines on this apparel stock, saying the positive news is already reflected in the price.
Loop Capital says CrowdStrike is positioned to be the cybersecurity leader in the AI agentic era.
SpaceX has lost market value equal to an entire Tesla, highlighting the scale of its recent decline.
Inflation-protected bonds are seeing rising yields, and investors are being advised on how to use them.
Crypto-related stocks are rising as money rotates away from AI infrastructure, while bitcoin miners are lagging.
Analysts are bullish on a tech company that acquires old brands like AOL, seeing strong upside potential.
Katie Stockton says one stock is beginning to emerge from a long corrective phase, suggesting a possible rebound.
Netflix’s struggles may be setting up a turnaround, according to trader Mike Khouw.
Investment strategists say AI is spreading beyond tech and diffusing into the wider economy.
UBS says the market is becoming less willing to accept unlimited AI spending, signaling growing investor caution.

HK stocks ended higher as the Hang Seng Index rose 103 points, with banks hitting record highs even as Laopu Gold plunged over 23% after a sharp earnings-related selloff.

Hong Kong’s Exchange Fund recorded HK$134.7 billion in investment income in the first half of the year, down 37.1% from a year earlier.
U.S. and European markets were mixed to firmer in early trading, with Dow futures slightly higher, Johnson & Johnson rising after settling litigation, Barclays falling after earnings, and Unilever gaining more than 6%.
There are reports that PetroChina is considering selling part of its stake in LNG Canada.
Hong Kong stocks rose modestly, with the Hang Seng Index closing up 103 points, while Laopu Gold plunged over 23% and bank stocks strengthened.
After a strong 7.1-magnitude earthquake in Kumamoto, Taiwan Semiconductor Manufacturing Co. fell nearly 3% premarket as the company checked factory conditions.
Alibaba-style retail and property news in Hong Kong included a Kwun Tong commercial unit sale for HK$35.66 million and a luxury Peak house transaction for HK$600 million.
China’s A-share market was broadly weaker, with chip, optical module, PCB, and related technology stocks under heavy pressure, while some banks and optical lithography names held up better.
Laopu Gold’s latest results were sharply below expectations, prompting multiple brokerages to cut ratings, targets, and earnings forecasts, and to warn of near-term share-price pressure.
China’s economic and industrial data showed stronger momentum, including 18.7% growth in large-scale industrial profits in the first half, supported by new-economy sectors such as electronics.
Major market and policy themes included the blockbuster IPO of Cambricon-like memory chip leader Changxin Technology, heightened ETF and QDII premium risks, tougher insider-trading enforcement, AI and data-center investment, and a major merger plan by Orient Securities to acquire Shanghai Securities.

Tokyo stocks plunged sharply, with the Nikkei Average falling 2,884 yen to 62,046 at the midday close as semiconductor shares kept sliding amid U.S. stock weakness and heavy selling.

Tokyo stocks plunged sharply. The Nikkei fell 2,884 yen to 62,046 at the midday close, briefly dropping more than 3,000 yen, with semiconductor shares continuing to slide.
The market erased a major portion of recent gains. Tokyo stocks fell about 10,000 yen from their record high, breaking below 63,000 yen as U.S. stock weakness led to selling in semiconductors.
Japan is considering another minimum wage hike. The sixth meeting on the minimum wage began, with discussion centered on raising the current 1,121 yen level into the upper 1,100-yen range.
Trump criticized the Federal Reserve. He described the Fed as “political,” raising concerns about future rate hikes, and said the U.S. has some of the world’s lowest interest rates.
The yen moved around the mid-163 level against the dollar. In Tokyo trading, the dollar was stronger at the start of the day, while in New York the yen later strengthened slightly amid dollar selling tied to Middle East tensions.
U.S. stocks rose in response to easing conflict concerns. The Dow gained 262 points as fears of inflation acceleration eased after reports that U.S.-Iran hostilities had stopped.
The government is examining ways to make food consumption tax effectively zero. Officials are considering a rapid policy response, but funding, restaurant impacts, and effects on farmers remain major challenges.
Kumamoto earthquake disrupted retailers and manufacturers. Convenience stores and fast-food outlets in the region temporarily closed, while Honda halted motorcycle factory operations through the evening of the 29th.
Transport, logistics, and infrastructure were affected. Logistics were disrupted, some mobile networks became hard to use, and airlines including Japan Airlines canceled all Kumamoto flights, affecting more than 800 people.
Damage to shopping facilities and local industry was still being assessed. Reports included power outages at Seven-Eleven stores, damage at AEON Mall Kumamoto, and a broader shift in the market for Chinese light EVs such as BYD’s entry into the segment.

Bitcoin fell sharply to around $63,000 as South Korea’s stock market rout and the U.S. Senate shelving the crypto Clarity Act pressured the broader crypto market.

Apple allegedly kept a fake Bitcoin wallet app in the App Store even after reports tied it to an $875,000 theft, according to a lawsuit.
Bitcoin’s recent price stability has not been strong enough to trigger a wider rally across alternative cryptocurrencies.
Bitcoin weakened as South Korean stocks sold off sharply and the U.S. Senate delayed the crypto Clarity Act.
1inch expanded its Aqua liquidity protocol to operate across 13 blockchain networks.
Perpetual futures linked to SK Hynix experienced a sudden flash crash on Hyperliquid, briefly dropping to $900.
BitMEX and BitMart could be among the first exchanges hit by the ongoing slump in crypto trading activity.
U.S. regulators and the CME are reportedly clashing over how onchain perpetual futures should be handled.
Hong Kong’s central bank said many lenders are poorly prepared for quantum-related security risks.
Bitcoin fell back toward $63,000 as South Korea’s Kospi index dropped nearly 11% in a major market rout.
Several crypto markets showed pressure on July 28, including ADA, ETH, XRP, and BTC, while South Korea’s stock selloff triggered repeated liquidations and circuit breakers.

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.