[5 books this morning] Selected news to read before starting work

US Vice President Harris is from House General Secretary Schumer, the top Democratic Senate, and General Manager Jeffries, the top Democratic House of RepresentativesGet supportI did it. Since President Biden announced his abandonment of re-election, the Democratic Party has rapidly settled in support of Mr. Harris. He raised more than 100 million dollars in funds after the 21st. The ABC reported that Pennsylvania Governor Shapiro and Senator Mark Kelly (Arizona) have emerged as leading candidates as companions of Mr. Harris.

US President Biden addressed his decision to abandon re-election from the White House Oval Office to the public at 8:00 p.m. on the 24th Washington timespeechesI'll do it. When I made a speech “about the future and how to fulfill our responsibilities for the American people,” I posted it on X. Mr. Biden will return to the White House on the 23rd from his home in Delaware where he had been recuperating due to the novel coronavirus infection. Speculation flew over about his health, but according to the attending physician, his symptoms have recovered “almost completely.”

What is clear about the stock prices of major high-tech companies that have driven a drastic rise in US stocks since the beginning of this yearHigh price alertis getting stronger. There is an increase in purchases of high-tech giants, including NVIDIA, and options that provide protection when the NASDAQ 100 index falls. Due to strong demand, the cost of one-month put options to prepare for a 10% decline in NVIDIA shares has been at a high level since January compared to call options which are expected to rise 10%. Similarly, the “put premium” of Invesco QQQ Trust exchange-traded funds (ETFs) linked to the Nasdaq 100 Index has also been at a high level since April.

Hitachi, Ltd. transferred 40% of its shares to German Robert Bosch in joint ventures that handle the air conditioning business with major US electronics company Johnson Controls International (JCI)divestIt was announced. The transfer amount is approximately 195 billion yen. The transaction is scheduled to be carried out by the first quarter of the 2026/3 fiscal year. Bosch signs a brand license agreement with the new company as a shareholder. The new company will also supply products for household room air conditioners for the Japanese domestic market, known by the name “Shirakuma-kun.” Hitachi Global Life Solutions (GLS), a subsidiary of Hitachi, will cooperate to sell.