TREE NEWS update: An explosion at a steel plant in the Aliağa district of İzmir province, western Turkey, on November 9 sparked a fire that killed 10 people and injured 15 others, with four still missing. Search and rescue operations are ongoing, and authorities have opened an investigation into the cause of the accident.
TREE NEWS reports: AMD climbed 8.8% intraday, adding to an 11% gain the previous session for a cumulative two-day advance of nearly 20%. The chipmaker is the first stock in the semiconductor sector to fully recover the losses from its 17% plunge on November 5.
TREE NEWS reports: Fuel oil futures fell about 4.5% in the night trading session, with low-sulfur fuel oil dropping roughly 3.8%, LPG down 3.1%, PTA down 1.7% and coke down 0.3%. Iron ore bucked the trend, gaining about 0.4% in the session.
TREE NEWS reports: US wholesale sales rose 2.8% month-on-month in September, up from a 1.8% gain in the prior month. The acceleration in wholesale sales points to firmer demand at the distributor level heading into the fourth quarter.
TREE NEWS update: SpaceX shares rose more than 6% after Elon Musk said the company will attempt to recover both the Super Heavy booster and the Starship spacecraft on its upcoming test flight. If both are caught successfully, it would mark the first time all parts of an orbital rocket return to Earth intact. Musk called it a key breakthrough needed to enable multiplanetary life.
TREE NEWS reports: The US semiconductor and semiconductor equipment index reversed early losses on Monday, climbing 1.2% to a fresh intraday high near 9,377 points after opening below 9,039. The index’s low-open, high-close move marked a sharp intraday turnaround for the sector.
TREE NEWS update: Teddy Riner, the French judo champion who has won five Olympic gold medals, announced on 9 February that he will run in France’s presidential election this spring. He made the announcement via social media and an interview with Le Parisien. The election is scheduled for next spring.
TREE NEWS update: US President Donald Trump said on CBS’s 60 Minutes that Americans harbor “incredible dislike” for Israel, and that this was one of the main reasons Republicans lost the midterm elections. Asked about the party’s “historic defeat,” Trump said that beyond his own name not being on the ballot, voters disliked the war and rising gasoline prices.
TREE NEWS update: Bitmine held 6,070,092 ETH as of Nov. 8, or 4.97% of Ethereum’s total supply, the treasury company said, leaving it roughly 40,000 ETH short of Tom Lee’s 5% target. The holdings are part of $14.3 billion in crypto, cash and stakes. The company added to its position over another week of buying.
TREE NEWS reports: Nvidia’s stock decline narrowed to less than 5% on the day, trimming an earlier drop. The move leaves the chipmaker’s shares down under 5% in the latest session. No further details were immediately available.
TREE NEWS update: Cosmos has contributed its Inter-Blockchain Communication (IBC) protocol to the Linux Foundation Decentralized Trust. Cosmos Labs holds five of the seven seats on the initiative’s initial technical committee, with the remaining maintainers coming from Datachain and OpenZeppelin. The move places stewardship of the cross-chain messaging standard under a neutral open-source foundation.
TREE NEWS update: Kinetiq has launched the Elysium mainnet for Hyperliquid, with trading now live on Pump.fun and Fomo, the two venues said. Native HyperCore data reads and fast order submissions are still pending and will arrive in a later upgrade. The launch marks a new trading environment tied to the Hyperliquid ecosystem, though full HyperCore integration has yet to be completed.
TREE NEWS reports: The Nasdaq Golden Dragon China Index fell 1.5% on the latest reading, with the decline led by a drop in Kandi Technologies shares. The index tracks US-listed Chinese companies, and the move reflects weakness across the group.
TREE NEWS update: Russia said it struck a cargo ship in the Black Sea, Interfax reported. No further details on the vessel’s identity, flag, cargo, casualties or the timing of the strike were immediately available. The report did not specify the weapon used or the location of the attack.
TREE NEWS update: US envoys Jared Kushner and Steve Witkoff are set to meet with allies to discuss Ukraine and European security. The talks focus on the war in Ukraine and broader security issues affecting Europe. No further details on the timing or location of the meetings were provided.
TREE NEWS update: Base has retired its Flashblocks feeds, which now accept connections but send no data. The replacement, Denim, delivers complete blocks every 200 milliseconds, requiring developers to update subscriptions and review pending-state reads. The change means existing integrations relying on the old feeds will receive no block previews until they migrate.
TREE NEWS reports: The Nasdaq 100 extended gains to 2.2%, with Lumentum up 7.9%, Applied Materials and Western Digital each up more than 7%, and Amazon and Seagate up 5.8%, while Nvidia’s decline narrowed to 5.6%. The S&P 500 rose about 1.6%, the Dow gained more than 700 points, or over 1.3%, and the semiconductor index climbed more than 3.4%. The bank index added 3.3% and the Russell 2000 rose 1.2%, while Strategy fell 4.4%.
TREE NEWS update: All 18 of China’s first batch of active ETFs have completed fundraising, reaching their 20 billion yuan cap each for a combined 36 billion yuan, after Jianxin Fund’s Jianxin Balanced Select active ETF was established on Nov. 9 with 11,208 valid subscribers. The manager subscribed 100 million yuan of its own capital to the fund. The batch, which began offering on Oct. 23, drew 36 billion yuan into the market.
TREE NEWS reports: Amazon shares rose 5.5%, Meta gained 4.5% and Google parent Alphabet climbed 3.2% in the latest session. The moves mark a broad rally across major US technology stocks. No further market detail was immediately available.
TREE NEWS update: Eli Lilly said its oral weight-loss drug Foundayo significantly reduced breathing interruptions during sleep in obese adults with moderate-to-severe obstructive sleep apnea, meeting the primary goal of a late-stage clinical trial. At week 52, Foundayo cut the number of breathing interruptions by up to 44% on average, as measured by the diagnostic scale used to assess sleep apnea severity.