OnePage Money - Your news on time is priceless

Microsoft’s stronger-than-expected earnings and cloud growth boosted the U.S. market, helping tech shares rise even as broader investors stayed focused on Fed uncertainty.

Microsoft’s earnings are being viewed as a possible turning point for the company’s struggling stock, while its strong results are easing concerns about spending.
Meta is facing growing investor frustration as its rising AI costs weigh on free cash flow and confidence.
The Federal Reserve remains a major market driver, with investors focused on how a divided Fed will handle rates and inflation.
Stock index futures climbed after the post-Fed selloff, suggesting markets are trying to recover from policy uncertainty.
Analysts and strategists are warning investors to be cautious about the overheated semiconductor and AI trade.
Technology and artificial intelligence are increasingly spreading beyond big tech and influencing the broader economy.
Several major companies posted notable updates, including Bristol-Myers raising its outlook and Starbucks lifting its EPS forecast.
Qualcomm set an ambitious long-term revenue goal beyond handsets, showing how chipmakers are diversifying their businesses.
Robinhood lowered its adjusted operating expense outlook while continuing to roll out new social features.
Corporate deal activity and market shifts remain active, highlighted by ICE’s planned acquisition of MarketAxess and a strong IPO market.

Hong Kong stocks rose modestly as the Hang Seng gained 50 points, led by a sharp 19% rebound in New Oriental after earnings while SMIC slumped over 7%.

Meitu expects strong first-half profit growth, with adjusted net profit likely up as much as 40% year on year.
Yum China delivered a solid earnings increase and continued rewarding shareholders with an interim dividend.
Wharf REIC completed a large overseas property disposal worth more than HK$6.7 billion.
Several brokerages adjusted major tech stocks’ outlooks, including lower targets for Qualcomm and Meta, while raising forecasts for Arm.
Semiconductor coverage was mixed: BOCI raised Hua Hong’s target but downgraded SMIC to “Hold.”
Hong Kong property sales remained active, with Kai Tak’s Victoria Voyage Phase 2 securing multiple tender deals and over HK$192 million in proceeds.
Market attention also centered on Jack Ma’s reported return to Harbin after seven years away from the public eye.
PCCW reduced its interim loss, while Trip.com received a more cautious target-price cut despite a stable longer-term outlook.
New Oriental’s overseas restructuring was seen as a positive for margins, and its share price jumped sharply after results.
Broader markets were volatile, with US futures rebounding, Europe mixed, Hong Kong slightly higher, and Budweiser APAC receiving mixed analyst views despite strength in some overseas markets.

Japan’s stock market rebounded, with the Nikkei closing up 433 yen as buying in AI and semiconductor shares drove gains after an intraday surge of more than 1,400 yen.

Tax cuts on consumption may help households, but they could hurt restaurants and small farmers by reducing customer spending and take-home income; the government is considering support measures.
Some in the business community welcome the consumption tax cut, but they are also asking the government to clarify how it will be financed and what the exit strategy will be.
A consumption tax cut could save a four-person household about 60,000 yen, but the effect may be limited if prices keep rising, and some are already questioning the prime minister’s announcement.
A supplementary document to the corporate takeover guidelines explains that people should not misunderstand the rules as making it impossible to reject a high-priced offer, while also warning management not to act out of self-preservation.
The government has approved a new investment framework aimed at economic growth, with no upper limit, as part of the budget request standards for fiscal 2027.
The Tokyo stock market rebounded, ending 433 yen higher, supported by buying in AI and semiconductor shares, after briefly rising by more than 1,400 yen intraday.
The U.S. Federal Reserve kept interest rates unchanged, but three members voted for a hike; expectations are growing for a rate increase in September because inflation remains high.
The government plans to make food consumption tax effectively zero by combining it with cash benefits, lowering it to 1% from April 2027 at the instruction of Prime Minister Takaichi.
Japan Post Bank will waive handling fees for disaster donations related to the Kumamoto earthquake, both at counters and via smartphone services.
Panasonic Holdings expects operating profit to hit a 42-year high in fiscal 2027, driven by growth in AI-related businesses.

The most important crypto market event is that Bitcoin ETFs have flipped back to inflows after a four-day outflow streak, signaling renewed institutional demand despite a still-choppy broader market.

Bitcoin ETFs are still struggling to attract money and may record their weakest monthly inflows on record.
South Korea is preparing to tax crypto profits above $1,740 while the issue moves into a political fight in parliament.
Rising oil prices after Iran-related strikes and a cautious Federal Reserve have increased pressure on crypto markets.
Russia has charged BitRiver’s founder with $12.5 million in fraud, adding to regulatory and legal troubles in the crypto sector.
Luno is cutting 20% of its workforce as automation expands and retail trading activity declines.
Bitcoin is holding around $64,000 even as broader stock markets rise on positive Microsoft AI-related sentiment.
Perpetual futures are dominating Bitcoin and ether trading, showing how strongly derivatives shape crypto price action.
Market volatility has wiped out about $286 million in leveraged crypto positions, highlighting the risk of overexposure.
Analysts generally view the Fed’s decision to hold rates as hawkish, but they disagree about what happens next for Bitcoin.
Recent updates suggest Bitcoin ETFs have returned to inflows, while Ethereum-related developments, altcoin sentiment, and institutional moves remain key themes.

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.