Flash News

TREE NEWS reports: OpenAI told investors on Tuesday that its third-quarter revenue reached $10 billion. The figure marks the revenue run rate reported to backers for the quarter. No further financial details were disclosed.

TREE NEWS reports: Bitcoin rebounded above 74,000 USDT, trading at 74,004.7 USDT, with its 24-hour decline narrowing to 1.28%. The move marks a partial recovery from the prior session’s drop.

TREE NEWS update: CoreWeave reported third-quarter revenue of $3.66 billion, topping analyst expectations of $3.56 billion, while its net loss narrowed to $709 million versus an estimated $850.4 million loss. The company said its sales order backlog stood at approximately $132.5 billion as of Sept. 30. CoreWeave raised its full-year revenue guidance to $13.0 billion–$13.3 billion from a prior range of $12.0 billion–$13.0 billion.

TREE NEWS reports: US sector ETFs closed mostly lower on Tuesday, November 10, with the Global Tech Shares ETF falling 1.21%. Tech sector and biotech index ETFs dropped as much as 1.14%, and the semiconductor ETF lost 0.78%. Energy and financial sector ETFs bucked the trend, gaining 0.46% and 0.52% respectively.

TREE NEWS reports: Hims & Hers Health Inc. (HIMS) closed down 17%, marking its worst single-day performance since June 2025. The sharp decline in the telehealth company’s stock came without any specific catalyst disclosed in the material.

TREE NEWS update: Tuttle and Defiance are planning to launch credit-risk ETFs built on credit default swaps (CDS), targeting AI-linked issuers including Meta, Oracle and CoreWeave. The products would let investors take positions on the credit risk of those companies. No launch date or fee details were disclosed.

TREE NEWS reports: The Nasdaq Golden Dragon China Index fell 1.2% in early trading as US stocks continued to decline. Among Chinese ADRs, Lenovo dropped 3.6%, Alibaba lost 2.5%, Baidu, Pinduoduo, BYD and NetEase each fell more than 1%, while Xiaomi rose 0.7%, Li Auto gained 1.3% and ASE Technology added 3.4%. The KWEB and CQQQ ETFs each declined 0.9%.

TREE NEWS reports: The US rate-cut winners index initially closed down 1.8%, with the Philadelphia Semiconductor Index down 0.3% and the S&P 500 down 0.4% on the day. The tech sector fell 1.3% while financials gained 0.6%, and among Nasdaq 100 components Nvidia dropped 5.1%, Moderna 6.6% and Nebius Group 5.2%, while TTWO rose 8% and Rocket Lab 5.9%.

TREE NEWS update: Supporters of AI company Anthropic will receive stock allocations at a fee of 3% to 5%, the company’s backers said. The allocation structure applies to investors participating in the offering. No further details on the size of the allocation or the total amount raised were provided.

TREE NEWS reports: The dollar strengthened against major currencies in late New York trading on Tuesday, Nov. 10, with the euro falling 0.52% to 1.1165 and hitting a session low of 1.1146 at 00:43. Sterling dropped 0.73% to 1.3344, while the dollar rose 0.70% against the Swiss franc to 0.8253. The Australian dollar fell 0.88%, the Norwegian krone 1.17% and the Brazilian real 1.20%, with losses widening after the release of US CPI inflation data at 21:30 Beijing time.

TREE NEWS reports: Bitwise chief investment officer Matt Hougan said the crypto market bottomed in June and that a multi-year bull market is now underway, though he expects a few weeks of uncertainty before a strong finish to 2026. A day later, bitcoin slipped below $74,000 following a hot inflation report.

TREE NEWS reports: Nvidia has erased all of its 2026 gains after a suspected Chinese espionage case intensified scrutiny of CEO Jensen Huang, with Republican lawmakers threatening him with a subpoena. The chipmaker’s stock gave back its year-to-date advance as the controversy widened. No further details on the subpoena threat or the espionage case were provided.

TREE NEWS update: Sony’s PlayStation has cancelled Fairgames, the online shooter long in development at its Montreal subsidiary Haven Studios. The cancellation ends the project’s incubation at the Canadian studio. No reason for the decision or further details were given.

TREE NEWS update: Republican Senator John Thune has been elected Senate minority leader, his spokesman said. The South Dakota lawmaker will take the top Republican leadership post in the chamber. No further details on the vote or timing were provided.

TREE NEWS update: Federal Reserve Governor and Vice Chair for Supervision Michelle Bowman said financial markets pose a risk to economic activity, including a sharp drop in share prices if returns on artificial intelligence investment fall short. She flagged risks from a “significant repricing of equity valuations” driven by AI returns and a sharp rise in long-term private-sector interest rates. Bowman also voiced concern over rapidly rising AI-related debt, with corporate bonds, private credit and project finance growth likely to exceed $800 billion this year. She hinted she could support a rate hike at the December FOMC meeting.

TREE NEWS update: Ukrainian President Volodymyr Zelensky said he is ready to sit down for talks on territorial issues and to meet Russian President Vladimir Putin. Zelensky said Ukraine will push for a leaders’ meeting but is unsure whether Russia is prepared to take part.

TREE NEWS reports: US lawmaker DeSantis is preparing to establish a conservative think tank, people familiar with the matter said. The reported plan would create a new policy group tied to the lawmaker, though no launch date, funding details or staffing were disclosed.

TREE NEWS update: British counter-terrorism police said a 41-year-old US Army soldier was arrested near Gloucester, England, on suspicion of espionage linked to Russia. He is suspected of assisting a foreign intelligence service and obtaining or disclosing protected information, and is being held at a police station in London. The arrest was announced on November 10.