OnePage Money - Your news on time is priceless

U.S. stocks keep hitting record highs as Wall Street points to strong profit margins and bullish outlooks, with BofA saying only two factors could derail the rally.

Sandisk has surged sharply this year, and analysts still see more upside despite the huge rally.
Options strategies may help investors generate income from Sandisk while the stock stays volatile.
Major stock indexes continue to hit record highs, with some strategists saying only a few factors could derail the rally.
Strong corporate profit margins are helping explain why equities keep climbing.
Wall Street is watching software stocks closely, with some analysts believing a takeover could support valuations.
Big asset managers are seeing slower inflows as competition in the ETF market intensifies.
Several large investors, including major hedge funds, are reshuffling portfolios by adding and trimming high-profile tech holdings.
Government contracts, defense-related deals, and quantum computing are drawing attention from traders and analysts.
Consumer and industrial names such as Wayfair, Wendy’s, Kroger, Tyson Foods, and AeroVironment are making headlines with operational changes or market moves.
Broader macro themes like inflation, gold prices, oil risks tied to the Strait of Hormuz, and productivity hopes continue to influence market sentiment.

Hong Kong stocks fell as the Hang Seng Index dropped 279 points, dragged down by a 10% slump in JD.com, while AI and chip-related names like SMIC and Lenovo showed relative resilience.

Nomura said Kingdee’s AI-native products are commercializing faster, but it still cut the target price by nearly 36% to HK$11.87 and kept a “Buy” rating.
Nomura lowered Tencent’s target price to HK$695, saying the surge in AI spending should be seen as a strategic positive.
Nomura raised Lenovo’s target price to HK$45 and maintained a “Buy” rating.
BofA Securities cut JD Health’s target price to HK$57, even though its first-half profit beat expectations.
JPMorgan raised Microsoft’s target price to US$625, citing faster growth driven by AI infrastructure and Copilot.
Country Garden’s RunDe Xi Jing I project in Hong Kong received over 2,700 purchase registrations, more than 25 times the available units.
Switzerland’s second-quarter GDP rose 1.5% quarter-on-quarter, much better than expected and the fastest growth since 2021.
Hong Kong increased its 2026 full-year economic growth forecast to 3.5%–4.5%.
Mainland China reported January–July new RMB loans, M2 growth, and social financing that were broadly in line with or slightly better than market expectations.
Market and policy headlines highlighted strong AI and semiconductor momentum, including SMIC’s strong Q2 results, DeepSeek’s API price hike, and China’s 10,000 billion yuan buyout reverse repo to keep liquidity ample.

Tokyo stocks extended gains, briefly reclaiming 69,000 on a stronger U.S. market and renewed buying of tech shares.

Most regional banks in Japan reported higher profits for April to June, helped by rising lending income after the Bank of Japan raised interest rates, though three banks in the Tohoku Shinetsu area posted losses.
JBIC will provide 700 billion yen for a second round of U.S.-related financing, supporting a gas-fired power project in cooperation with a major American company.
The Tokyo stock market kept rising, closing up 405 yen at 68,713 yen, as investors bought technology shares after gains in U.S. markets.
Resona Bank is offering same-day funding to small and medium-sized businesses, using AI to speed up low-cost screening and purchasing accounts receivable.
The yen traded in the 159-yen range against the dollar, with market participants still seeing strong downward pressure on the currency.
Tokyo stocks briefly recovered the 69,000 level, supported by higher U.S. shares and continued buying of tech stocks.
New York stocks rebounded for the first time in four sessions, rising 69 dollars as fading expectations of further rate hikes eased recession worries.
Skylark plans to expand ghost restaurants focused on delivery and takeout, adjusting to the effects of a possible consumption tax cut.
Beer makers saw mixed results in the first half: the three major companies posted profit growth overall, but Suntory’s U.S. weakness led to a decline, while Asahi was hit by a cyberattack.
Other notable trends include higher rice prices after seven weeks of increases, strong earnings outlooks for major listed companies and Asics, rising foreign-language support for JR Tokai’s Shinkansen information, price competition from Chinese air conditioner makers ahead of the 2027 issue, and recovery efforts after disasters in Kumamoto and heavy rain in Chiba.

Bitcoin fell below $63,000 as U.S. inflation failed to lift prices and MSCI’s proposal to exclude Strategy from major indices added fresh pressure on the crypto market.

MSCI is being urged to track markets objectively rather than make decisions that influence how companies manage their assets.
Israel’s biggest bank is preparing to let customers trade cryptocurrencies through Galaxy.
Market anxiety is easing across major assets, including Bitcoin, stocks, gold, and bonds.
Trump family-backed World Liberty Financial has delayed plans to sell a token tied to a Maldives resort project.
Bitcoin fell after U.S. inflation data failed to lift prices, while crypto ETFs recorded their first two-day decline in August.
RedotPay has reportedly paused plans for a $1 billion U.S. IPO.
Bitcoin dropped below $63,000 as MSCI proposed excluding Strategy from its indices.
Bitcoin faces several negative pressures, and XRP is nearing the $1 level.
Under MSCI’s new proposal, Bitcoin-focused firms Strategy and Metaplanet could be removed from stock indexes.
JPMorgan ended its banking relationship with prediction market platform Polymarket.

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.