Flash News

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.

TREE NEWS update: Microsoft is set to raise $25 billion through a high-grade bond issuance, the company’s latest large-scale debt sale. The offering is expected to draw strong demand given Microsoft’s top-tier credit rating. Further terms of the bond sale, including maturity and pricing, were not disclosed.

TREE NEWS reports: The S&P 500 dropped 0.6% to a fresh session low, led by a 6.8% plunge in the telecom sector. Technology stocks followed with a 1.1% decline, while utilities, financials, health care and real estate each gained more than 1%.

TREE NEWS reports: Samsung Electronics reported chip profit below expectations and said its entire 2027 HBM output is already sold out, as it ramps HBM4 deliveries. The company expects 2026 capex to rise 60% to KRW 84.4 trillion and is studying further fab expansion in Korea and the US. Samsung shares fell in Seoul after it gave no clear shareholder return plan, to be unveiled in January.

TREE NEWS reports: Rio Tinto’s ADR dropped as much as 4.3% to $81.90, hitting an intraday low not seen since March, after the company temporarily suspended underground operations at its Oyu Tolgoi copper mine. The halt follows an accident in which several miners were injured. The ADR move reflects investor reaction to the disruption at one of Rio Tinto’s key growth assets.

TREE NEWS update: Alphabet disclosed in a quarterly filing on Thursday that its AI-related risk exposure exceeds $1 trillion. The company said demand for its cloud services is growing rapidly, as reflected in a rising backlog of unfulfilled cloud contracts, but more than one-third of that quarterly growth came from a joint venture in which it holds a stake.

TREE NEWS update: Microsoft’s large debt issuance attracted more than €115 billion in investor demand, the company said. The order book underscores strong appetite for high-grade corporate paper from one of the world’s largest technology companies. The offering size and pricing were not disclosed in the material.

TREE NEWS reports: The MSCI Nordic Countries Index rose 0.8% to 404.45 on its fifth consecutive trading day of gains, its highest close since Aug. 28. Nordic industrials led the advance among the index’s ten sectors. Defense stock Kongsberg Gruppen ASA jumped 13.0%, the biggest gainer among Nordic constituents.

TREE NEWS reports: Germany’s DAX 30 index rose 1.47% to 26,080.72 in preliminary trading, with Adidas, Rheinmetall, Deutsche Bank, Bayer, Airbus and Merck leading gains while SAP was among the few decliners. France’s benchmark index climbed 1.30%, led by Renault, Dassault Systèmes, Safran, Airbus, Thales, ArcelorMittal, Danone and Saint-Gobain, with Stellantis and Pernod Ricard lower. Italy’s index gained 0.5% and the UK’s rose 0.35%.

TREE NEWS reports: The number of funds focused on Latin American equities has fallen to 226 from a peak of 660 in 2015, Scott Piper, who manages about $5 billion in stocks at Itaú Unibanco Asset Management, said. The MSCI Latin America benchmark remains 40% below its peak, the IPO pipeline has nearly stalled and investors including Will Landers argue the region is better traded as a hedge-fund bet than held as a long-term structural allocation.

TREE NEWS reports: Saudi Arabia’s Tadawul All Share Index closed down 1.02% at 9,921.50 points on Thursday, October 29, ending a three-session rebound. The benchmark had fallen to 9,438.50 on October 25, its lowest close since March 25, 2021, but still gained 2.33% for the week. Saudi Aramco fell 0.31% to 25.92 Saudi riyals, up 2.05% on the week, while the Saudi-listed Albilad CSOP MSCI Hong Kong China Equity ETF rose 0.18% to 10.91 riyals, up 0.93% weekly.

TREE NEWS update: Chinese optical module maker Eoptolink said on Oct. 29 that it has made sufficient reserves of core raw materials for next year, though it cannot disclose the specific volume. The company noted that tight raw material supply had some impact in the third quarter, and said it has drawn lessons and made more preparations to meet optimistic market expectations and high order delivery demand in Q4 and next year.

TREE NEWS update: Eoptolink said it has made full preparations for order deliveries in the fourth quarter and next year and is confident in meeting sharply rising demand. The optical module maker said raw material supply has been tight industry-wide and stocking lead times have lengthened, prompting earlier planning. It expects Q4 capacity and output to rise significantly, with expansion underway in both Chengdu and Thailand, and holds an optimistic view of next year’s market.

TREE NEWS update: Shanghai Waigaoqiao Free Trade Zone Group plans to commit RMB 200 million as a limited partner in the Shanghai Pudong Haifang Phase II Integrated Circuit Industry Private Equity Fund Partnership (Limited Partnership). The company disclosed the proposed investment in a filing, without giving further terms. The fund is focused on the integrated circuit industry.

TREE NEWS update: Changan Automobile and Yili Group held a signing ceremony for a business cooperation framework agreement at Yili’s Modern Smart Health Valley. The two companies will set up a regular communication mechanism and a dedicated task force to explore industrial-chain synergies and move the cooperation forward quickly. No financial terms were disclosed.

TREE NEWS update: Caitong Securities signed a strategic cooperation agreement with Hua’an Securities during a visit to Anhui on Oct. 28-29, the company said. The two brokerages will cooperate in wealth management, investment research and institutional client services. The agreement was signed by a delegation led by Caitong Securities Party Secretary and Chairman Zhang Qicheng.

TREE NEWS update: Orient Securities said its 25.12 billion yuan ($3.5 billion) acquisition of 100% of Shanghai Securities cleared the Shanghai Stock Exchange’s merger and restructuring review committee on the day of its 2026 20th deliberation meeting. The deal, a consolidation within Shanghai’s state-owned financial system, still requires approval, clearance and registration from the China Securities Regulatory Commission and other authorities before it can be implemented.

TREE NEWS reports: Eli Lilly shares rose more than 8% to hit an all-time high of $1,408.38 on Tuesday, marking a record for the pharmaceutical giant. The move extends a strong run for the stock, which has been among the market’s top performers. No specific catalyst for the gain was cited in the material.

TREE NEWS reports: The North America Tech Software Index ETF fell as much as 5.3% intraday to $105.92, on track for its largest single-day decline since April 4, 2025, when it closed down 6.15%. ServiceNow dropped over 25.1% at one point, and Fortinet fell more than 26.8% intraday.