Flash News

TREE NEWS reports: The MSCI Nordic Countries Index rose 0.4% to 394.15, its third consecutive advance and its highest close since September 23. Financials led the ten sectors tracked by the index. Verisure Plc. led individual Nordic stocks with an 8.4% gain.

TREE NEWS reports: Germany’s DAX 30 index closed provisionally 0.09% lower at 25,256.71. France’s index ended down 0.07%, while Italy’s index edged up 0.03%, with its bank index gaining 0.51%. The UK index closed down 0.04%.

TREE NEWS reports: Europe’s STOXX 600 index closed provisionally down 0.07% at 635.23, while the eurozone’s STOXX 50 fell 0.48% to 6,171.27, extending losses from 17:21 Beijing time. The FTSE Eurofirst 300 slipped 0.15% to 2,534.87.

TREE NEWS reports: Bitcoin kept pressure on the $84,000 level, holding onto gains made overnight. US stocks rebounded quickly after opening lower, following a sell-off in Korean technology shares. The crypto market’s resilience came as equities recovered from the early weakness tied to the Korea tech rout.

TREE NEWS reports: Chevron shares rose 1.5% to hit a record intraday high of $218.32. The move marks a new all-time intraday peak for the US oil major, which trades on the New York Stock Exchange.

TREE NEWS update: Prosus bought back 2,361,582 of its own shares between Oct. 5 and Oct. 9 at an average price of €35.36, for a total of €83.5 million (over $93.6 million). Naspers repurchased 560,739 shares over the same period at an average of ZAR 707.6904, totaling more than ZAR 396.8 million (over $23.9 million).

TREE NEWS update: Goldman Sachs CEO David Solomon said on an analyst call that the bank has no ongoing succession plan, handover arrangement or timetable, and that he will not step down in the near term. Solomon said Goldman is well positioned in the large-scale AI investment wave, calling it the only financial institution at the center of AI financing. He added that M&A and IPO pipelines remain strong and that Goldman would consider another asset-management acquisition if financial terms and cultural fit are right.

TREE NEWS reports: JPMorgan reported revenue of $50.2 billion and net income of $15.3 billion, both below analyst estimates, as fixed-income trading revenue fell 4% year over year. Equity trading revenue rose 49% to its second-highest quarter on record, driven by prime brokerage. The bank raised its fiscal 2026 guidance, lifting net interest income to $106.2 billion and expenses to $108.6 billion. CEO Jamie Dimon said the bank is “slightly tightening credit standards.”

TREE NEWS update: BYD’s Dynasty-series flagship sedan, the Han, officially launched with three variants: a 1,008 km rear-wheel-drive lidar Premium and Flagship version, and an 880 km four-wheel-drive lidar Flagship version. Prices range from 235,900 to 275,900 yuan. The model is billed as the brand’s flash-charging luxury flagship sedan, with the 1,008 km figure quoted as pure-electric range.

TREE NEWS reports: Goldman Sachs shares turned lower, reversing an earlier advance of as much as 4.1%. The stock had risen 4.1% before giving up those gains and slipping into negative territory. No further details were disclosed.

TREE NEWS update: Goldman Sachs CEO David Solomon dismissed media reports about the bank’s CEO succession as “noise,” stating there is no transition plan or timetable in place. The remarks push back on speculation over who will next lead the Wall Street firm.

TREE NEWS reports: US existing home sales rose 1.5% month over month in September, beating expectations of a 0.8% decline, with the prior reading revised to -3.2% from -2%. The annualized pace came in at 3.99 million units versus a 3.96 million forecast, while the prior figure was revised to 3.93 million from 3.98 million.

TREE NEWS update: Luchang Technology’s controlling shareholder Zoomlion signed a share transfer agreement on October 13, 2026 to sell 35.988 million shares, or 29.99% of total equity, to Yuanzhuo Angel (Longyou) New Energy Partnership at RMB 25 per share, for a total of RMB 900 million. Yuanzhuo Angel becomes the controlling shareholder and Zhang Wutang the actual controller, and will launch a partial tender offer for at least 14% at RMB 25 per share. Trading resumes October 14, 2026.

TREE NEWS update: Strive purchased 3,311 bitcoin for $280 million between Oct. 5 and Oct. 9, its largest acquisition since January. The purchase lifts the company’s holdings to 32,773 BTC, narrowing the gap with MARA.

TREE NEWS reports: US sector ETFs opened mixed on the day, with the semiconductor ETF down nearly 2% and the global tech index ETF down more than 1%. The energy sector ETF rose nearly 1%. Other major industry ETFs were split between gains and losses.

TREE NEWS reports: The Dow rose 0.8% while the S&P 500 slipped 0.1% and the Nasdaq fell 0.4% in early US trading. Memory chip stocks dropped broadly, with SK Hynix, Western Digital, Micron and Seagate all down roughly 6-7%. Goldman Sachs gained about 3% after reporting Q3 net revenue of $18.68 billion, with equities trading revenue up 72%. Apple rose about 2% to a fresh all-time high.

TREE NEWS reports: The S&P 500 opened down 11.97 points, or 0.15%, at 7,795.27, while the Dow Jones Industrial Average opened up 242.44 points, or 0.47%, at 52,092.99. The Nasdaq Composite opened 107.17 points lower, or 0.39%, at 27,138.73.

TREE NEWS update: Strive purchased 3,311 bitcoin as warrants covering 15.3 million shares approach their Tuesday 5 p.m. ET expiry, CEO Matt Cole said, putting the exercises at $208 million. The company also made its $100 minimum sale price for SATA preferred shares a binding charter rule.

TREE NEWS reports: Citigroup’s fixed income trading business delivered its best third-quarter performance in at least ten years, with bonds, currencies and commodities revenue reaching $4.4 billion, beating the $4.3 billion analyst average. Services revenue rose 15% year-on-year to $6.6 billion. The stronger FICC and services results offset weaker merger advisory, where revenue fell 4%, and lower bond underwriting income.

TREE NEWS update: Apple executive chairman Tim Cook was seen on the Tsinghua University campus in Beijing on October 13. One user, identified as Lucky, said she encountered Cook at around 2 p.m. outside the Jianhua Building of Tsinghua’s School of Economics and Management; he waved and left shortly after.