The Nikkei 225 Index rose 0.8% to trade above 63,700 on Thursday, setting fresh all-time highs as strong corporate earnings and upbeat guidance reinforced investor confidence, while sustained demand for artificial intelligence-related stocks continued to drive gains. Japanese equities also mirrored a tech-led rally on Wall Street overnight, even as accelerating US inflation fueled concerns that the Federal Reserve could still opt for another rate hike. At the same time, markets remained focused on the meeting between US President Donald Trump and Chinese President Xi Jinping, with discussions expected to prioritize trade relations. Among individual movers, gains were led by Kioxia Holdings (1.7%), Furukawa Electric (1.5%), Advantest (2.8%), Fanuc (10.4%) and Resonac Holdings (15.6%). In contrast, mining firm Mitsui Kinzoku fell 11.8% after issuing a weaker profit forecast for FY2027 despite projecting higher sales.
More US firms turn to China’s DeepSeek over pricey Silicon Valley AI
DeepSeek takes top spot on ‘trending’ list as companies look for alternatives to OpenAI and Anthropic, spending tracker’s report says.
Why Almost Everyone Loses—Except a Few Sharks—on Prediction Markets
A WSJ analysis shows a small number of accounts on Polymarket and Kalshi—often pros using data-driven algorithmic trading—take home most of the winnings.
Zitron: "Everyone Has Been Sold a Lie" on AI
The Dividend Disconnect
ABSTRACT Many individual investors, mutual funds, and institutions trade as if dividends and capital gains are disconnected attributes, not fully appreciating that dividends result in price decreases. Behavioral trading patterns (e.g., the disposition effect) are driven by price changes instead of total returns. Investors rarely reinvest dividends, and trade as if dividends are a separate, stable income stream. Analysts fail to account for the effect of dividends on price, leading to optimistic price forecasts for dividend‐paying stocks. Demand for dividends is systematically higher in periods of low interest rates and poor market performance, leading to lower returns for dividend‐paying stocks.
Fuji TV, Sankei Shimbun announce fabricated data found in their polls
TOKYO -- Fuji Television Network Inc. and the Sankei Shimbun Co. on June 19 announced the discovery that some data in 14 joint opinion polls they cond
Tesla stock suffers double-digit drop on carmaker’s worst day in years
Elon Musk’s EV company lost a quarter of its value this year amid weak profits and high spending on AI and robotics
The Value of Nothing: Capital versus Growth - American Affairs Journal
Throughout 2021, U.S. stock market valuations have hovered near all‑time highs. In June, the unadjusted price-to-earnings (P/E) ratio of the S&P 500 index eclipsed the tech boom record of 2000. Many other asset classes have attained, or nearly attained, record valuations as well. Stratospheric valuations may be partially attributable to the unique circumstances surrounding Covid-19...
Chinese AI models are gaining ground with U.S. companies as OpenAI, Anthropic costs surge
Recent model releases from Chinese companies including DeepSeek and Z.ai are seen by many as highly competitive compared to leading U.S. frontier systems.
DDC Enterprise buys 200 bitcoin in first 2026 treasury move
Shares climb more than 5% in pre-market trading as the company reinforces long term Bitcoin strategy.
The most brilliant move in corporate history?
In a bold departure from its Big Tech peers, Apple sidestepped the $650 billion AI infrastructure spending frenzy, a move likened to opting out of purchasing the US Navy annually. While Amazon, Goo…
Home - Financial Times
News, analysis and opinion from the Financial Times on the latest in markets, economics and politics
If Bain Capital Crypto et al invest $100M at roughly a ~$700M–$1B valuation, they likely own somewhere in the range of 10–15% of the company post-money. For a 10x return on their cheque, a $7B–$10B exit is expected. That’s exciting and scary.
Johannes Ernst
$100 million for Bluesky? A year ago? What the …
Japanese media
Reputations, biases, past controversies. I know about Sankei Shimbun and I have some idea about the national newspapers, but I honestly don’t know anything at all about most local ones. Japan has poor press freedom in general (ranked 62nd out of 180 countries for 2026, and that’s after the ranking went up, not because of improvement in Japan but because other countries’ conditions have worsened)
「報道の自由」からの逃走(222) | Tansa
Japan
産経新聞「沖縄県が観光収入を過大発表 反米に利用か」報道は本当か？
裁判所も「不十分」だと認めた産経新聞記事の問題点
沖縄2紙を「日本人として恥」と批判した産経新聞の記事削除 問題がはらむ危険性とは
世論調査を当面休止 架空回答でフジテレビと産経新聞 調査先の電話番号なく不正気づかず
