[Morning Report] SOX Index Rebound, NVIDIA Rises E-Trade, Examination of Elimination of Meme Stock Initiators Including Strong Yen

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The US May ISM manufacturing business climate index declined for 2 consecutive months, and demand was weak
The May ISM manufacturing business climate index announced by the American Institute for Supply Management (ISM) was 48.7, which declined from 4/49.2 contrary to upward expectations, and became the lowest since February. Activities were reduced by 50 percent for 2 consecutive months. New orders for important items declined from 45.4 and April, contrary to upward expectations, and the fact that it was 50 percent for 2 consecutive months and reached a low level for the first time in 1 year since 23/5 pushed down the index.
Related articles:The yen rose to the first half of 156 yen, and US interest rates fell drastically due to the weak ISM index - the dollar depreciated across the board
Will Japanese stocks fall back and be sold to automobiles, including strong yen

US bonds, 10-year bond yield 5% if Trump is predicted to win - Clock Tower
The asset management company Clocktower Group predicted that if the probability that Donald Trump will win in the US presidential election continues to rise, there is a risk that 10-year US bond yields will approach 5% before the election.

Wall Street, sentiment on stocks is at a high level for the first time in 2 years - BoFA
The contrarian stock sentiment index calculated by Bank of America (BoFA) rose the most drastically in May since the end of 2023, and reached a high level for the first time in 2 years.
Related articles:JPMorgan and Morgan S have different views on US stocks - suggests market uncertainty

The SOX index rebounded, and Coherent and NVIDIA rose
The Philadelphia Semiconductor Stock Index (SOX) rebounded. Individually, $Coherent(COHR.US)$ There was a sharp increase of over 22%. , $NVIDIA(NVDA.US)$Ya $Taiwan Semiconductor(TSM.US)$ 、 $Micron Technology(MU.US)$ etc. also went up.

NVIDIA's outstanding interest income, money creates money — benefits of high interest rates for US companies
Of the non-financial companies that make up the S&P 500 stock price index, about 10% recorded interest income exceeding debt costs in January-March (1st quarter). What stands out in particular is the semiconductor manufacturer's $NVIDIA(NVDA.US)$ that's it.

US AMD announces semiconductors for PCs optimized for generative AI
$Advanced Micro Devices(AMD.US)$It is reported that they gave a keynote speech before the Taipei International Cyber Exhibition starting on the 4th, and announced a new semiconductor for personal computers optimized for generative AI. $NVIDIA(NVDA.US)$Plans to introduce new semiconductors for AI have also been revealed, and it seems that it will be a clue material for manufacturing equipment manufacturers. $Tokyo Electron(8035.JP)$ Ya $Advantest(6857.JP)$ 、 $Screen Holdings(7735.JP)$ etc.

[Overseas Summary] Company News E-trade, Meme Stock Exclusion Study, etc.
E-Trade, a major US internet securities company, is considering prohibiting Mr. Keith Gill, who is the initiator of meme stocks (hayari stocks) popular with individual investors, from using its own platform. This is because there are concerns about stock price manipulation over the purchase of options that can purchase recent Game Stop shares at a predetermined price. Multiple stakeholders have made it clear.
Related articles:Does “Roaring Kitty” have unrealized gains of over 170 million dollars in game stop stocks

ADR Japan Stock Ranking - General Sales Dominance of Japan Post Bank, etc.
Japanese ADR (American Depositary Receipts) stocks are compared to the Tokyo Stock Exchange (1 dollar converted to 156.07 yen) $Japan Post Bank(7182.JP)$ 、 $Japan Post Holdings(6178.JP)$ 、 $Komatsu(6301.JP)$ etc., fell, and overall sales became dominant.