HK Stocks Continue to Rise. HSTECH Soars 2.3%; Xizhi Tech Soars 24%; MiniMax up over 15%; SK Hynix 2x Leveraged ETF up Nearly 10%; Alibaba, NIO up over 4%
24H | Chip, Storage Shares Extend Rally. Intel, SK Hynix, SOXL up Around 3%; UMC, Astera Labs up About 2%; Marvell Tech, ARM, Western Digital up over 1%
HK Movers | Chip Storage, AI Stocks Fall as Anthropic Leads Call For AI Slowdown. DeepZero Down over 15%; 2x Leveraged SK Hynix ETF Down 9%; Haizhi Tech Down 5%; Biren Tech Down Nearly 4%
Crypto Daily | Bitcoin Braces for CPI as Oil Nears $100; Bitcoin Hack Drains $320 Million From Crypto Network; Bitmine Buys 28,086 ETH for $69.5 Million
This is exactly what many already knew. The funny part is knowing something and admitting what it means are two different things on Wall Street. Inflation too high? Everybody knows. Oil and war making it worse? Everybody knows. Labour market resilient? Everybody knows. So the Fed has room to fight inflation instead of rushing to rescue asset prices. And yet: “Yeah, but when cuts?” 😂 My friend, the Fed just HIKE. Not cut. HIKE. The assumption of cheaper money has met an inconvenient reality: inflation remains a problem, the economy can tolerate tighter policy, and the Fed is showing inflation comes first. This doesn't mean “Fed hikes, stocks crash tomorrow.” The point is simpler: the price of money matters. Yields matter. Valuation matters. When safer assets offer meaningful returns, paying
Fed Raises Rates for First Time in Three Years, Signals One More to Come This Year
KOL Brady Dale has spewed out a HUGE LIE ! Trump listed and made his profits BEFORE he was sworn into his 2nd term office ! Trump also allowed 15 new pages of the latest Clarity Act Bill version to prevent him and his family making any more Profits from the Crypto industry. Secondly Whitkoff did not write the latest version by himself but always in agreement with what Democrats wanted ! Senator Cynthia Lummis worked non stop to get Everyone on Board to pass the new rules of the USA Crypto industry, but despite the efforts of these 3 Hard working people, the Democrats were ALWAYS GOING to vote NO because they had been Bought $$$$$$$ by Banking Lobbyists and were always dealing with insincerity, Lies and always shifting the Goal Posts and now trying to shift the Blame !! The
Crypto Daily | CLARITY Act Fails to Pass, Trump Blamed as Key Reason; Crypto Stocks Plunge, Circle Down Over 11%, Coinbase Down Over 10%
Crypto Daily | Bitcoin Braces for CPI as Oil Nears $100; Bitcoin Hack Drains $320 Million From Crypto Network; Bitmine Buys 28,086 ETH for $69.5 Million