TREE NEWS reports: Trump Media & Technology Group reported total assets of $2.5 billion at the end of the third quarter, with financial assets accounting for about $2.3 billion. The figures, disclosed in the company’s quarterly results, show that the bulk of its balance sheet is held in financial assets rather than operating holdings.
TREE NEWS update: Canada’s finance minister said the country is adjusting its tariff relief measures and will extend the horizontal remission of tariffs on US goods by one year, to June 30, 2028. The extension covers the across-the-board relief Canada had granted on US imports, pushing the expiry date out from its prior schedule. No further details on the scope or value of the relief were provided.
TREE NEWS update: Rocket Lab reported third-quarter revenue of $268 million, beating the $257.9 million estimate, with an adjusted EBITDA loss of $18 million, narrower than the expected $20.3 million loss. The company guided fourth-quarter revenue to $270 million-$290 million, compared with a $265.5 million estimate.
TREE NEWS update: Senator Ed Markey is pressing Google to offer schools a version of Search without AI features, after the company said schools can enable Search and Gemini separately. AI Overviews, however, remain built into Search. The demand targets how AI is embedded in tools used in classrooms.
TREE NEWS reports: US sector ETFs broadly rose on Monday, November 9, with the global airlines ETF gaining 5.15% and the semiconductor ETF adding 5.05%. The technology sector ETF climbed 3.73% and the energy sector ETF edged up 0.52%. Among the S&P 500’s 11 sectors, industrials led with a 3.78% gain, followed by consumer discretionary at 3.05%, information technology at 2.87% and energy at 0.41%.
TREE NEWS reports: Lucid Group reported third-quarter revenue of $350.3 million, below the $393.9 million analysts had expected. The EV maker said it expects its operating funds to last through the fourth quarter of 2027, after Saudi sovereign wealth fund PIF added $1.75 billion in loans.
TREE NEWS reports: Nvidia shares closed down 4.3% on Tuesday, marking the chipmaker’s lowest closing price in seven months. The decline extends a recent pullback in the stock, though the material provided no further details on the drivers behind the move.
TREE NEWS reports: US stocks closed higher on November 10, with the Dow up 2.21% intraday, the Nasdaq up 3.33% and the S&P 500 up 2.32%. Among key names, AMD rose 13.61%, SPCX gained 6.09%, Tesla (TSLA) climbed 6.01%, Micron (MU) added 5.97%, SanDisk (SNDK) rose 5.75% and SKHY advanced 5.28%.
TREE NEWS reports: The Nasdaq Golden Dragon China Index closed down 1.3% in preliminary trading, with Meituan dropping 7.6% and Alibaba falling 3.7%. Among other Chinese ADRs, Daqo New Energy, JD.com, KE Holdings and New Oriental each fell at least 2.5%, while Zai Lab rose 5.4% and ASE Technology gained 9.2%. The KWEB ETF declined 2.4% and the CQQQ ETF slipped 0.8%.
TREE NEWS reports: The US semiconductor index closed up 6.8% initially, with the memory-chip index up 8.3% and semiconductor-equipment index up 2.4%, while the Magnificent Seven tech index rose 1.5%. The S&P 500 gained 2.3% and the Nasdaq 100 climbed 3.4%, led by MPWR up 16.2% and Astera Labs up 13.6%, while Nvidia fell 4.6%.
TREE NEWS reports: Some Australian crypto investors are relocating overseas to escape a capital gains tax increase that takes effect in July 2027 and could reach 47%, while others are pursuing less drastic tax-reduction strategies. The planned CGT rise applies to crypto gains, prompting the question of whether leaving Australia is a viable option for affected holders.
TREE NEWS update: The Federal Reserve Board approved two applications from Mutual Federal Bancorp, MHC, and MFB Bancorp, Inc., the central bank announced. The Fed’s statement did not specify the nature of the applications or any conditions attached to the approvals. Further details were not disclosed in the announcement.
TREE NEWS update: Fireworks AI disclosed that a third-party cloud service provider hosting its research and development machines suffered a security incident on October 23. The company did not specify the scope of the breach or whether any data was affected. The incident involves an external hosting provider rather than Fireworks AI’s own infrastructure.
TREE NEWS update: The Panama Canal Authority will add an extra reservation slot at the Panamax locks and increase the maximum draft for the Neopanamax locks, the authority announced. The changes expand transit capacity and allow deeper-draft vessels through the larger lock system. The authority did not specify when the new slot and draft allowance take effect.
TREE NEWS update: Robinhood has confirmed it does not oppose its shares trading on OKXICE, the tokenized securities platform jointly run by OKX and Intercontinental Exchange (ICE), saying it would “rather participate in building than stand on the sidelines.” As of a Nov. 5 public notice, 56 of the 62 companies initially proposed have objected, while six — including Robinhood, Circle, Coinbase and Strategy — have not disclosed objections. OKXICE allows five business days to file objections, and the list may still change around Nov. 10.
TREE NEWS reports: Bitcoin fell about 6% within 10 hours of the first reports of a Binance hack, Fitch Ratings said, an event involving roughly $6.3 billion in digital assets stolen across multiple blockchains, including about 18,270 BTC worth some $1.5 billion at the time. Fitch noted the drop was smaller than past shocks — 35% in a day during the early 2020 COVID crash, 14% after FTX’s 2022 collapse and 21% after the 2015 Bitstamp hack — while daily bitcoin trading volume rose 67% to $40.9 billion.
TREE NEWS update: Sigma Prime released a high-priority security update for the Lighthouse Ethereum consensus client, with vulnerability details withheld until operators have had time to upgrade. The release introduces no breaking changes. The firm did not disclose the nature or severity of the vulnerability, saying details will follow after the upgrade window.
TREE NEWS update: US Senator Ron Wyden said he will produce a comprehensive legislative draft addressing taxation of data centers. The announcement signals a coming congressional push on how data-center facilities are taxed. No further details, timeline or specific provisions were provided.
TREE NEWS update: US Senator Ron Wyden said he will keep close watch on large pharmaceutical companies and insurance firms. The remark signals continued congressional scrutiny of the two sectors. Wyden did not specify which companies or what actions he would pursue.
TREE NEWS reports: HIMS dropped 11.5% over the past 24 hours and was trading at 22.89 USDT.COM data. The decline marks a sharp single-day move for the token, which is quoted in USDT on the platform.