Flash News

TREE NEWS update: Coinbase CEO Brian Armstrong has adopted a plan to sell up to $1.31 billion in company shares. Co-founder Fred Ehrsam and President Emilie Choi also adopted share-sale plans, with different trading windows extending into 2027. The filings outline pre-arranged sales by top executives at the crypto exchange.

TREE NEWS reports: HP Inc. (HPQ) shares dropped 5.8% in after-hours trading, while Hewlett Packard Enterprise (HPE) fell 3.5%. The moves came in post-market trading, with no further details disclosed in the available material.

TREE NEWS reports: Strategy reported a $20.9 billion operating profit for the third quarter, driven by gains on its bitcoin holdings. The company spent $2.04 billion buying back STRC through Oct. 25, while preferred dividends totaled $419.6 million in the quarter.

TREE NEWS update: SanDisk said it has held recent conversations with several leading companies that indicated demand will rise, without specifying which firms or the timeframe. The memory-chip maker gave no figures or further details on the demand outlook. The comment points to expectations of stronger orders from major customers.

TREE NEWS update: Starbucks said it expects adjusted earnings per share of $3.15 to $3.25 for fiscal 2027, a range whose midpoint and floor both sit above the $3.13 analysts had forecast. The guidance sets the coffee chain’s profit outlook two fiscal years out.

TREE NEWS update: Coinbase reported third-quarter total revenue of $1.22 billion, matching analyst expectations of $1.22 billion. The cryptocurrency exchange’s topline came in exactly at the consensus figure, with no further financial details disclosed in the release.

TREE NEWS reports: The Nasdaq 100 ETF dropped 1.4% on the day. The decline in the technology-heavy index fund reflects a broad pullback in U.S. equities. No further details on the move or its drivers were provided.

TREE NEWS update: SanDisk reported first-quarter EDGE revenue of $5.83 billion and said it will carry out an 8-for-1 stock split. The company guided second-quarter revenue to $12.2 billion-$12.6 billion, versus analysts’ $12.1 billion estimate. SanDisk (SNDK) shares fell more than 2% in after-hours trading.

TREE NEWS update: Strategy reported third-quarter operating profit of $21 billion, its highest for any single quarter, Michael Saylor said. The company has raised $21 billion year to date and its STRC has returned to normal. Strategy holds 848,517 bitcoin, up 26% since the start of the year.

TREE NEWS reports: US stock-linked contracts extended their 24-hour declines, with Intel (INTC) falling 24.1% and 20.3% over the past hour to trade at 72.94 USDT.COM data. Amazon (AMZN) dropped 14.4% over 24 hours and 10.6% in the past hour, last at 220 USDT.

TREE NEWS reports: Alphabet (GOOGL) closed down 13% on the day, erasing $479 billion in market value. The single-session drop is one of the largest one-day losses of value in US corporate history.

TREE NEWS reports: Amazon reported third-quarter net sales of $201.9 billion, below the $202.26 billion analysts expected. AWS net sales rose 39% in the quarter, ahead of the 38% growth forecast. The company guided fourth-quarter net sales to $240 billion-$247 billion, versus the $244.52 billion consensus, and said it expects revenue growth above 40% in both 2027 and 2028.

TREE NEWS update: Intel forecast fourth-quarter revenue of $15 billion to $16 billion, missing the $17.05 billion analyst consensus. The guidance points to a weaker-than-expected close to the year for the chipmaker.

TREE NEWS reports: ServiceNow closed down 27% on [date], marking its largest single-day decline since the company’s US IPO. The software maker’s shares suffered the steepest one-session selloff of its public-market history. No further details were provided.

TREE NEWS reports: The Nasdaq Golden Dragon China Index closed up 0.1% in preliminary trading. Among popular Chinese concept stocks, Atour gained 7.7%, Daqo New Energy rose 3%, and Yum China and Kanzhun each climbed more than 1%. Decliners included New Oriental, down 3.5%, Kingsoft Cloud, down 5.8%, Hesai, down 6.2%, and 21Vianet, down 9.5%.

TREE NEWS reports: The S&P 500 closed down 0.3% in preliminary trading, with telecom the worst-performing sector at -6.6% and tech down 1%, while health care and real estate each gained 2.3%. The Nasdaq 100 fell 1.4%, led by Alnylam’s 24.4% drop, Fortinet’s 20.7% decline and Marvell’s 13.2% slide; Alphabet A shares lost 12.6%. The North American tech software ETF fell about 3.5%.

TREE NEWS update: D.R. Horton reported fourth-quarter earnings per share of $2.67, below the $3.02 analyst average, and said it will keep offering elevated sales incentives to attract weak buyer demand. The largest U.S. homebuilder expects home deliveries to fall next fiscal year, projecting as few as 79,000 units in fiscal 2027 versus about 84,000 this year.

TREE NEWS reports: The Hang Seng Index main futures contract closed up 0.36% at 23,108 points in overnight trading. The Hang Seng Tech Index futures also rose, closing up 0.21% at 3,773 points.

TREE NEWS update: Grayscale’s HYPG fund, which began trading June 3, offers Nasdaq-listed exposure to HYPE with staking and charges a 0.29% annual sponsor fee. The fund held $186.9 million in assets as of Oct. 28.

TREE NEWS update: Vanguard Total Stock Market Index Fund has increased its stake in bitcoin treasury company Strive to 1.99 million shares, valued at $51.5 million, Bitcoin Treasuries disclosed. The fund’s holding was reported in a filing, marking a larger position in the bitcoin-focused firm.