OnePage Money - Your news on time is priceless

US stocks closed at record highs as strong earnings from AI-related companies eased demand concerns and boosted the S&P 500 and Dow.

Michael Burry warned that the market may be nearing a major peak and could face a sharp 1987-style decline.
Wall Street’s optimism around Walmart appears fully priced in, leaving little room for the stock to rise further.
AMD’s upcoming earnings are being watched closely as a major indicator for the chip sector and momentum stocks.
Jeff Bezos filed to sell about $4 billion in Amazon shares, and the stock slipped afterward.
Dividend stocks outperformed the S&P 500 in July, and some of these names may continue to rise.
JPMorgan highlighted a group of favorite stocks as traders entered the start of August.
Church & Dwight was described as a low-volatility consumer staples stock with attractive qualities.
Investors are focused on the jobs report and corporate earnings this week, according to NYSE insider Jay Woods.
Market strategists said healthcare could be a useful area for diversification outside of AI-related trades.
Reuters reported that the S&P 500 and Dow reached record highs as AI-linked earnings, falling oil prices, and lower Treasury yields boosted sentiment.

HK market focused on Cathay Pacific, whose shares rose after reporting a 71% jump in interim profit and raising its dividend, lifting sentiment in Hong Kong equities.

The market headlines focus on domestic demand expansion in China, with policy support expected to boost consumption, services, and investment.
Unitree Robotics is entering the IPO pricing stage, and its expected valuation is reported to potentially exceed 40 billion yuan.
A-share markets rallied strongly, led by technology, AI-related hardware, semiconductors, and growth sectors.
Authorities are emphasizing liquidity support, including a 5,000 billion yuan reverse repo operation to keep funding conditions ample.
Several funds and institutions remain optimistic about an A-share recovery in August, citing policy support and eased risk pressure.
The new mandatory national standard for Level 3 and Level 4 autonomous driving systems has been released, with implementation planned for July 2027.
China’s new energy storage industry is expected to expand further as policy support and market demand drive order growth.
Foreign investors and major banks are increasingly positive on selected Asian and Hong Kong stocks, while some sectors continue to show mixed performance.
Hong Kong property and rental news shows activity in luxury homes, new developments, and steady leasing demand in some districts.
Multiple reports highlight structural shifts in China’s economy, including AI, intellectual property, low-altitude economy, and digital infrastructure.

Japan stocks surged more than 2,200 yen at one point and the Nikkei reclaimed 66,000 on expectations that easing Middle East tensions would lift risk appetite.

Japan’s Chief Cabinet Secretary Kihara said he would not comment on remarks by U.S. Treasury Secretary Bessent, while expectations remain for further Bank of Japan rate hikes.
The Bank of Japan’s June policy meeting minutes showed that many members favored continuing interest rate increases.
Tokyo stocks surged by more than 2,200 points intraday and recovered to the 66,000 range, driven by hopes that tensions in the Middle East will ease.
The Tokyo foreign exchange market saw the yen strengthen into the 157-yen range, as investors bought yen on expectations of reduced Middle East risk.
New York stocks extended gains to fresh record highs, with investor sentiment improving as concerns about the Middle East eased.
U.S. Treasury Secretary Bessent said America would do “whatever is necessary” to support Japan, and cooperation to correct yen weakness is being maintained.
The yen weakened again in New York trading to the upper 157-yen range, as worries about fiscal deterioration from tax-cut policies encouraged dollar buying.
The U.S. urged Japan to take action to correct yen weakness, calling for policies that would change market conditions and hinting at further BOJ rate hikes.
Two credit unions in Niigata plan to merge by the end of 2027 to strengthen their business base amid population decline.
The government approved a 1% consumption tax on food for two years starting in April 2027, while several company and industrial news items highlighted safety, recovery, and infrastructure issues.

Bitcoin remained range-bound around $64,000 while major institutions advanced stablecoin and tokenization efforts, underscoring a maturing crypto market despite uneven price momentum.

Ethereum supply issuance could be reduced to zero if staked ETH reaches $112 billion, marking a major change in token economics.
A hacker tied to the Coldcard wallet incident has had their wallet flooded with messages ranging from demands to return stolen funds to scams and graffiti-like notes.
Bitcoin is trading flat around $64,000 as U.S. stocks hit new highs and a deal near Hormuz improves market sentiment.
SpaceX reported $540 million in losses from Bitcoin holdings even as it beat Wall Street revenue expectations.
Circle’s stock has been volatile after market concerns about “Open USD,” but major backers still remain supportive of USDC.
Analysts say Samsung could become a major distributor of stablecoins, expanding its role in digital finance.
The Clarity Act is stalled amid questions about Trump’s ethics, while Senator Warren is calling for SEC scrutiny.
Wells Fargo has joined JPMorgan and Citi in developing tokenized settlement infrastructure for Wall Street.
Bitcoin’s $63,000 range is now viewed as a critical support and resistance zone for traders, according to Glassnode.
Polymarket is aiming for a $20 billion valuation as competition in the prediction market industry intensifies.

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.