Flash News

TREE NEWS reports: The Nasdaq 100 dropped 1% to hit its session low, marking a decline in the US technology-heavy index. The move reflects intraday weakness in the index’s constituent stocks. No further details were provided.

TREE NEWS update: ChangXin Memory Technologies (CXMT) announced a plan to repurchase its shares for between RMB 1 billion and RMB 2 billion. The buyback range was disclosed in a company filing. No further details on timing or method were provided.

TREE NEWS update: ChangXin Memory Technologies (CXMT) said it expects revenue of roughly 265 billion to 270 billion yuan for the first three quarters of 2026, with net profit attributable to shareholders of 131 billion to 132.5 billion yuan, reversing a 5.28 billion yuan loss a year earlier. The Chinese DRAM maker attributed the swing to surging AI computing demand and a stronger DRAM market, which left its products in short supply and drove prices sharply higher.

TREE NEWS reports: At the US market open, major sector ETFs traded mixed. Energy sector ETFs rose more than 1% and regional banking ETFs gained nearly 1%, while semiconductor ETFs fell 1.6%.

TREE NEWS reports: The Philadelphia Semiconductor Index fell nearly 2% in early US trading, with memory chip stocks broadly lower: SK Hynix dropped about 4%, Western Digital, SanDisk and Micron each lost roughly 3%, and Seagate fell about 2%. The Dow rose 0.3%, the S&P 500 gained 0.1% and the Nasdaq 100 slipped 0.3%. Tesla and Apple each rose about 1%, while CoreWeave fell 7.7% after its co-founder sold $3.3 billion of stock.

TREE NEWS reports: The S&P 500 opened 1.26 points higher, up 0.02%, at 7,745.32. The Dow Jones Industrial Average opened up 130.59 points, a 0.25% gain, at 52,308.28. The Nasdaq Composite opened 60.04 points lower, down 0.22%, at 26,652.99.

TREE NEWS reports: SpaceX shares turned lower in US premarket trading, reversing an earlier gain of nearly 3%. The stock had climbed close to 3% before giving up those gains. No reason for the swing was given in the material.

TREE NEWS update: Apple opened preorders for its first foldable phone, the iPhone Duo, at 20:00 on October 16, crashing its website and app as launch-day in-store pickup sold out within minutes and delivery slipped to late January. On Dewu, resale prices topped 20,000 yuan, with the 1TB black model near 29,000 yuan — 7,143 yuan above list — while the 256GB black version rose nearly 40%.

TREE NEWS update: SpaceX plans to release its third-quarter 2026 financial and operational results on October 20, with an audio-only earnings call scheduled for 3:30 p.m. US Central Time that day, or 4:30 a.m. Beijing time on October 21. The company announced the date without disclosing further details.

TREE NEWS reports: Charles Schwab CEO said investor interest in fixed income products has reached a record level. The remark points to a shift in retail investor demand toward yield-bearing fixed income instruments. No specific figures or product details were disclosed.

TREE NEWS update: SpaceX will release its third-quarter 2026 financial results on October 20, 2026, and host a webcast the same day. The company disclosed the schedule for the quarterly results announcement, with no further details on the timing of the call or the figures to be reported.

TREE NEWS reports: Apple shares rose more than 2% in premarket trading and were set to open at a record high.COM data. The move followed the on-sale debut of the iPhone Duo, Apple’s first foldable phone, which sold out across all models within one minute of launch.

TREE NEWS update: Apple’s first foldable phone, the iPhone Duo, opened pre-orders at 8pm, with multiple online platforms showing no stock and Apple’s official site listing delivery dates in some regions pushed back to December. On the resale platform Dewu, several pre-order versions traded above 20,000 yuan, with the 1TB black model near 29,000 yuan — 7,143 yuan above its launch price — while the 256GB black version rose nearly 40%.

TREE NEWS update: Apple has pushed back the delivery date for its iPhone Duo to January 25. The revised timeline was disclosed without further explanation. The iPhone Duo is Apple’s device product line affected by the schedule change.

TREE NEWS update: Strategy will keep the annualized regular dividend rate on its floating-rate Series A perpetual preferred stock STRC at 12% for November and plans to pay cash dividends daily from Nov 1 to Nov 30, totaling $1 per share for the month. The daily schedule requires shareholders to approve related amendments at an Oct 28 special meeting and the amended certificate to take effect before 12:01 a.m. ET on Nov 1. If approved, the Nov 15 payment is canceled; if not, semi-monthly payments continue.

TREE NEWS reports: Bank of America strategist Michael Hartnett expects risk aversion to dominate markets over the next three to four weeks, citing rising real yields, the US midterm elections and AI-themed trades. He said this summer’s “extreme bullish sentiment” has ended, with global bonds selling off pushing inflation-adjusted real yields to 3%. Hartnett’s team expects the Fed to hike rates in October to “restore credibility,” and sees a rising chance of a Democratic wave in November’s midterms.

TREE NEWS reports: Zhang Jianping no longer appears among Kexiang Co.’s top 10 shareholders as of September 30, 2026. He held 9.4618 million shares, or 0.95% of the company, as of June 30, 2026, ranking as the seventh-largest shareholder in the half-year report. The disclosure notes that identical names among top shareholders cannot be ruled out.

TREE NEWS update: The Shenzhen Stock Exchange said it took self-regulatory measures against 114 cases of abnormal securities trading this week, covering intraday price ramping and suppression as well as false order submissions. It also reviewed six major corporate matters and reported one suspected violation case to the China Securities Regulatory Commission.

TREE NEWS update: The China Securities Regulatory Commission’s international cooperation department issued a filing notice for Hefei UAIZHIHE Robot Co., Ltd.’s overseas listing, allowing the company to issue up to 49,477,800 ordinary shares and list on the Hong Kong Stock Exchange. Thirty-seven shareholders plan to convert a combined 243,804,260 domestic unlisted shares into overseas-listed shares for trading in Hong Kong.

TREE NEWS update: MSCI has adopted a new operating-asset test for digital asset treasury companies, adding a five-ratio screen for those that fail it. Its current list flags Strategy, Metaplanet and Upexi as possible deletions from MSCI indexes in November.