Key News
1. The US has rejected Iran's 14-point written proposal to end the war and reiterated its "hardline stance."
2. Bank of America's chief investment strategist, Michael Hartnett, believes the investor frenzy for stocks and tech stocks is nearing its end and suggests early June may be a good time to start reducing positions.
3. US interest rate futures indicate a greater than 50% probability of a Fed rate hike by January.
4. US President Trump: Accepts a 20-year suspension of Iran's nuclear program, but it must be a "real" commitment. (Regarding Iranian enriched uranium) It may be obtained at the appropriate time. If we do not receive Iranian nuclear dust, we will take action.
5. Iranian Foreign Minister Araqchi: We have received a message from the US indicating their desire to continue negotiations.
6. The global bond market is undergoing a new round of dramatic repricing. Yields on US, Japanese, German, and British government bonds rose collectively this week, with many indicators reaching multi-decade or even historical highs. The systemic increase in global borrowing costs is reshaping market expectations for central bank policy paths. Individual Stock News
1. TSMC (TSM.N) reported first-quarter net profit of NT$572.8 billion.
2. Toyota Motor (TM.N) filed for a plant in Texas, planning to invest $2 billion to expand its US production capacity.
3. Google (GOOG.O) issued the largest foreign corporate yen bond in history, raising nearly $60 billion in four months.
4. SanDisk (SNDK.O) advised shareholders to reject Tutanata LLC's unsolicited "mini-acquisition" offer.
5. The partnership between Apple (AAPL.O) and OpenAI has fractured, with OpenAI accusing Apple of very limited use of its technology.
6. Samsung Electronics is developing next-generation HBM packaging technology, potentially for use in smartphones and other mobile devices.
7. Stellantis (STLA.N) signed a €1 billion agreement with Dongfeng Motor Group to begin production of Jeep and Peugeot new energy vehicles in China next year. 8. Kioxia stated that orders from AI server customers continue to strengthen, and NAND prices, denominated in US dollars, more than doubled in the first quarter. Supply is expected to remain tight in 2027.
9. Faraday Future (FFIE.O): Raised its 2026 robot shipment target to 1,500 units and plans to launch a new robot in early June.
