OnePage Money - Your news on time is priceless

U.S. stocks closed at a record high, led by heavy gains in technology names and bolstered by tame inflation data that reinforced expectations the Fed will hold rates steady in September.

The S&P 500 hit a record high, extending the stock market’s rally.
Soft inflation data helped support expectations that the Federal Reserve may not raise rates in September.
Strong technology names, including Sandisk and other large-cap stocks, were key drivers of the index’s gains.
Profit margins are at record highs, which is helping explain why stocks continue to climb.
Investors are watching AI-related opportunities, with companies like Nebius, Nvidia, Google, Apple, and Applied Materials drawing attention.
Analysts highlighted several stocks with upside potential, including dividend-paying real estate names, Five Below, and an AI-linked company that has already more than tripled this year.
Major corporate and strategic moves are in focus, such as the potential Workday buyout talks and the Charter-Cox merger approval.
Reddit joined the S&P 500, while other companies like Nu Holdings and Nintendo reported positive market reactions after strong business updates.
Macro and policy headlines also mattered, including France’s hotter inflation reading, a productivity-boom outlook, and Trump’s planned drone tariffs.
Big investors and market figures remained active, with Burry increasing AI shorts, Ackman re-buying Netflix, and major funds adding or expanding positions in top tech names.

Hong Kong stocks fell in early trading as AI-related heavyweight Tencent’s clearer AI strategy and rising capital expenditure were overshadowed by a sharp selloff in JD.com and Hua Hong Semiconductor, dragging the Hang Seng Index down 236 points at midday.

Tencent’s AI strategy is viewed as clearer, supporting continued capital spending.
China Mobile’s target price was raised, reflecting AI-driven capex growth.
Lenovo received higher target prices after stronger-than-expected results.
Japan’s central bank may raise rates in September, with a faster tightening pace possible.
Apple and Alibaba are reportedly collaborating on an AI model for China.
Turbocharged AI and semiconductor demand is lifting chip industry performance.
SMIC reported strong Q2 earnings and higher gross margin, with capex rising.
Tencent remained the world’s top mobile game publisher by revenue in July.
Hong Kong stocks weakened sharply, led by JD.com and Hua Hong Semiconductor.
China Mobile announced large interim results and major dividend-related attention.

Tokyo stocks extended gains and briefly recovered the 69,000 level, led by buying in AI and semiconductor shares on the back of higher U.S. stocks.

The Tokyo Stock Exchange extended gains, closing up 405 yen at 68,713 yen, as investors bought high-tech stocks on the back of rising U.S. markets.
Resona Bank began providing same-day funding to small and medium-sized businesses, using AI to speed up and reduce the cost of screening, while also buying accounts receivable.
The yen traded in the lower 159-yen range in Tokyo, with persistent downward pressure on the currency remaining strong.
The Tokyo market rose again and briefly recovered the 69,000-yen level, helped by gains in U.S. stocks and renewed buying of high-tech shares.
The yen in New York stayed in the mid-159-yen range, lacking direction as expectations for further U.S. rate hikes eased while concerns over the U.S.-Japan interest-rate gap remained.
U.S. stocks rebounded for the first time in four trading days, gaining 69 dollars, as fading rate-hike fears eased worries about economic slowdown.
Skylark plans to expand “ghost restaurants” focused on delivery and takeout, in response to possible consumption tax cuts.
The Tokyo Stock Exchange rose sharply again, closing up 784 yen and returning to the 68,000-yen range for the first time in a month, driven by buying in AI and semiconductor stocks.
Japan’s corporate goods price index for July rose 7.2%, showing a slower pace of increase but still remaining at a high level.
Other major developments included disaster recovery in Kumamoto and Chiba, NVIDIA’s message about careers in the AI era, resumed bluefin tuna talks, new small electric mobility options, Apple’s new training facility in Texas, U.S. tariffs on drones, and a celebrity pro mahjong player’s school admission story.

Bitcoin faced a cluster of headwinds as the SEC delayed key crypto rulemaking and JPMorgan ended its relationship with prediction platform Polymarket, underscoring growing regulatory and financial pressure on the market.

Bitcoin is facing multiple negative pressures, while XRP remains close to the $1 level.
MSCI’s proposed changes could exclude Bitcoin-focused firms like Strategy and Metaplanet from key stock indexes.
JPMorgan reportedly ended its banking ties with prediction market platform Polymarket.
The U.S. SEC is delaying its “innovation exemption” plan for tokenization again due to concerns from Wall Street and the White House.
The SEC also canceled a long-anticipated crypto regulation proposal and postponed the related meeting indefinitely.
Tether claims it has finished the long-awaited “Big Four” audit of the reserves backing its $180 billion USDT stablecoin.
Trezor warned about a data breach at a fulfillment partner that affected around 14,000 customers.
The crypto advisory sector is facing a major guidance gap for clients seeking informed advice.
B2C2 has hired a former Schroders executive to expand into Asia’s fast-growing crypto wealth market.
Kalshi is in fundraising talks with Sequoia and Wellington for a potential $750 million round at a $40 billion valuation.

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.