Flash News

TREE NEWS reports: A JPMorgan-led bank consortium may sell part of Qualtrics International Inc.’s $5 billion debt at a discount, with the debt potentially carrying a coupon of at least 8% and priced at about 85 cents on the dollar, people familiar with the matter said. The sale could launch as soon as next week and price before Thanksgiving. If completed at that level, it would be one of the largest discounts in the U.S. high-yield market this year, as AI disruption fears push software companies to pay steep borrowing costs.

TREE NEWS update: SpaceX plans to build, own and operate a gas-fired power plant and a supercomputing facility at its Starbase site in Texas, with initial investment estimated at $24 billion, according to a hearing notice posted on the Starbase city government website. Starbase city commissioners will review a tax abatement and development agreement at a Dec. 9 meeting. The plan points to vertical integration of SpaceX’s natural gas value chain.

TREE NEWS reports: The MSCI Emerging Markets stock index rose 1.5%, while the developing-nation foreign exchange index was roughly flat. The divergence points to equity gains outpacing currency moves across emerging markets in the session.

TREE NEWS update: Thames Water, Britain’s largest water company, launched a new senior debt financing arrangement on 9 September, with an initial tranche of £600 million (about RMB 5.374 billion) in new borrowing. The move extends the company’s available liquidity runway to autumn 2027, giving it time to restructure amid a prolonged financial crisis. Creditors have approved the plan, which keeps essential water infrastructure projects on track; Thames Water currently carries about £20 billion (about RMB 179.1 billion) in debt.

TREE NEWS reports: Colombia is negotiating a standby arrangement with the International Monetary Fund worth about $15 billion. No further terms, timing or conditions of the potential facility were disclosed. The talks mark a step toward securing an IMF backstop for the country’s finances.

TREE NEWS update: OpenAI said its control room operates alongside a misalignment monitoring system and halts model output within 35 seconds of a decision to intervene to stop or pause a task. The company disclosed the 35-second shutdown window as part of its description of the oversight setup. No further details on the system or its deployment were provided.

TREE NEWS update: US President Donald Trump said on Monday that military action against Iran does not currently appear necessary. “We’ll see what happens, very likely it ends here,” Trump said, adding that Iran is talking to us in a very polite manner. The remarks suggest a possible de-escalation of tensions between Washington and Tehran.

TREE NEWS update: US President Donald Trump made an unannounced visit to the White House press briefing room. The appearance was not listed on the president’s public schedule, and no further details were immediately provided. The visit comes as the White House press corps continues regular briefings.

TREE NEWS update: US President Donald Trump said he held a productive meeting with Qatar’s prime minister, with extensive discussion of Iran. Trump said Qatar, Saudi Arabia, the UAE, Bahrain, Kuwait and other countries favor maintaining the status quo — continuing the largest maritime blockade in history and the new “Operation Iron Gate” — and that all parties agreed Iran must not have nuclear weapons, with no room for negotiation. He said the US is ready to act if the Middle East situation changes, though the likelihood is low for now.

TREE NEWS reports: A large flow in US Treasury weekly options paid about $3 million in premium to buy 19,649 contracts of the 10-year note 107.00 put expiring Tuesday, a position that would profit from a bond selloff into the October CPI release. The strike had open interest of 1,080 contracts, indicating new risk, and about 27,000 contracts traded at that strike on the day, with 10-year Treasury futures at 107-00 Monday afternoon.

TREE NEWS update: Canada’s industry minister said Stellantis NV’s decision to sell its Brampton plant to Roshel does not release the automaker from its commitments to workers. The minister plans to convene a meeting this week with the Unifor union, Stellantis, the Ontario provincial government and the Brampton plant.

TREE NEWS update: Bitcoin miner MARA Holdings repaid $750 million of bitcoin-collateralized debt by selling bitcoin after the quarter ended, fully releasing previously pledged BTC, with less than 5% of its holdings now lent or pledged. The board approved a share buyback of up to $500 million, and MARA said it will keep using bitcoin to raise cash for AI infrastructure investment, convertible bond put options exercisable next year and potential buybacks. MARA held 34,012 BTC as of Sept. 30, mined 2,247 and sold 3,891 in Q3, with revenue of $164.2 million, down 35% year on year, and net income of $632.1 million.

TREE NEWS update: MARA Holdings sold 13,597 bitcoin and repaid $750 million in debt, the bitcoin miner announced. The company also authorized a new $500 million stock buyback. The moves come as two planned data center leases face a possible delay into 2027.

TREE NEWS update: Anthropic said its Claude model outperformed the best listed solutions on 72 MIPLIB problems and also reported 45 optimality proofs. The company said it has submitted its solutions to MIPLIB, whose public records have not yet confirmed the tally. MIPLIB is a standard benchmark library for mixed-integer programming problems.

TREE NEWS reports: The Bloomberg electric vehicle price return index rose 0.10% to 2,906.18 points on Monday, Nov. 9, after a V-shaped reversal over the session. The gauge touched a session high of 2,927.54 points in early Hong Kong trading before paring gains.

TREE NEWS update: Moderna reported third-quarter earnings per share of $0.38, beating expectations, and raised its full-year revenue growth guidance to 15% to 25%. The company also lifted its year-end cash balance forecast to $81 billion to $83 billion while lowering its research and development expense outlook. Shares rose 0.41% in after-hours trading following the release.

TREE NEWS reports: The Nasdaq 100 ETF rose 3.44% on Monday, Nov. 9, leading US broad asset-class ETFs, with the Russell 2000 ETF up 3.23% and the S&P 500, Dow and emerging-market ETFs gaining at least 2.17%. The Brent oil fund fell 5.29% and the VIX long fund dropped 13.35%, while the dollar-index long fund slipped 0.55%.

TREE NEWS reports: A shortage of new gas turbines is pushing AI developers to buy refurbished power equipment and jet-engine-based generators, even as high prices, pollution concerns and permitting delays threaten their expansion plans. New power turbines now take six years to deliver, the material states. The shift affects AI data center buildouts reliant on on-site generation.

TREE NEWS reports: Anthropic plans to begin trading on Thursday and Friday of next week. The company has not disclosed further details about the listing. The schedule would make it one of the most anticipated market debuts in the AI sector.