Flash News

TREE NEWS update: Wealthy investors are buying crypto assets faster than financial advisors recommend, creating a gap between client demand and advisor conviction. OKX attracted new funds, and Strategy allocated more capital to preferred stock purchases.

TREE NEWS reports: High-net-worth individuals are buying crypto assets faster than financial advisors recommend, creating a gap between client demand and advisor conviction. OKX has attracted new funds, and Strategy has deployed more capital into preferred stock purchases.

TREE NEWS update: Target denied any cooperation with U.S. Immigration and Customs Enforcement after Rep. Alexandria Ocasio-Cortez accused the retailer of opening a parking lot to ICE near its Bronx store following a shooting nearby. Ocasio-Cortez called for an independent investigation and demanded Target stop using its Bronx property as an “ICE private staging ground.” A Target spokesperson said the company has no cooperation agreement with ICE. Target (TGT) shares fell about 1% in early U.S. trading.

TREE NEWS reports: The MSCI Nordic Countries Index rose 1.4% to close at 391.12 points, its largest single-day advance since July 9. Among the ten sectors, Nordic industrials posted the biggest gain. Demant A/S climbed 6.2%, leading all Nordic stocks.

TREE NEWS reports: T-Mobile US shares extended losses to 12% intraday, marking the carrier’s worst single-day performance since March 2020. The drop is the steepest intraday decline for the US telecom operator in more than five years.

TREE NEWS reports: Goldman Sachs strategists said they have not yet identified a catalyst that would trigger buying of French equities. The call, reported on Wednesday, leaves the bank’s stance on French stocks without a near-term trigger for a shift to bullish positioning.

TREE NEWS reports: Germany’s DAX 30 closed up 1.20% at 25,105.20, trimming its weekly decline to roughly 0.5% after falling through October 6-8. France’s index rose 0.98%, Italy’s gained 0.99% with its bank index up 1.30%, and the UK index added 1.14%.

TREE NEWS reports: Europe’s STOXX 600 index provisionally closed up 1.04% at 632.03 points, leaving it about 0.1% higher for the week after sliding from Oct. 6-8. The euro STOXX 50 rose 0.89% to 6,181.93, paring some losses from Oct. 8-9 but still down 0.9% on the week. The FTSE Eurofirst 300 gained 1.03% to 2,524.87.

TREE NEWS update: Geely has announced it is officially entering the Canadian market, saying it is building local operations and a retail and service network with plans to launch models for Canadian consumers in 2027. The automaker owns premium EV brands Zeekr and Lynk & Co and also offers more affordable vehicles.

TREE NEWS update: Firmus Grid Ltd. withdrew its Australian initial public offering after US fund managers rejected the AI data-center company’s $30 billion valuation. Bankers tried to salvage the deal by cutting the offer price or shrinking the offering size, but failed to win over US investors. The IPO had been set to rank among Australia’s largest. Firmus is now weighing a private funding round with existing investors.

TREE NEWS reports: Shanghai Stock Exchange data show 1.9119 million new A-share accounts were opened in September 2026, down 20.25% from the previous month and 34.91% from 2.9372 million in September 2025. Cumulative new accounts for 2026 reached 27.126 million, up 34.63% year on year.

TREE NEWS reports: Delta Air Lines shares fell 2.5% after the carrier lowered its full-year profit forecast. The decline in the airline’s stock followed the downward revision to its annual earnings outlook.

TREE NEWS reports: US stocks opened higher, with the Dow up 0.05%, the S&P 500 up 0.27% and the Nasdaq up 0.54%. SpaceX rose 3.3% after agreeing to acquire a nationwide low-band spectrum portfolio. Apple fell 2.7% on reports it cut component output for the iPhone 18 Pro series due to weak demand. Optical communications and memory chip stocks also gained.

TREE NEWS reports: The S&P 500 opened 21.00 points higher, up 0.27%, at 7,786.36. The Dow Jones Industrial Average opened up 27.31 points, or 0.05%, at 51,258.95, while the Nasdaq Composite opened 148.93 points higher, up 0.55%, at 27,342.27.

TREE NEWS update: Tianfu Communication said in an investor relations filing that recently rumored overseas import and export policy restrictions do not constrain optical device products and do not affect its business. The company said its main business is the R&D, production and sale of passive and active optical devices. The policy in question does not cover such products, it said.

TREE NEWS update: New China Life Insurance bought 9,959,600 Guotai Haitong H-shares on September 29, 2026 through centralized bidding on the secondary market, equal to about 0.28% of the company’s issued H-share capital. The insurer said the purchase lifted its holding in Guotai Haitong H-shares to 20.24%, part of a recent run of stake increases in listed companies.

TREE NEWS update: Qichacha Technology Co. and its sponsor CITIC Securities have withdrawn the company’s application for an initial public offering on the Shanghai Stock Exchange main board, prompting the exchange to terminate its review of the listing. The withdrawal comes about a year after the company’s previous listing attempt.

TREE NEWS reports: Bloomberg ETF analyst Eric Balchunas said on X that over the past 100 years only 4% of stocks accounted for all net wealth creation in the US market, with about half of companies underperforming US Treasuries, meaning narrow market breadth has always existed. He noted Microsoft and Google each acquired 270 companies, and said investors should view the “Magnificent Seven” as the “Magnificent 700.”

TREE NEWS reports: Miniso said its total gross merchandise value in mainland China rose 25% to 30% year-on-year in the third quarter. The Chinese retailer disclosed the figure without providing absolute GMV numbers or a breakdown by store type. The update covers only the mainland China market.

TREE NEWS reports: Wall Street’s largest banks are expected to report combined third-quarter equities trading revenue of nearly $19 billion when earnings land next week, with Goldman Sachs forecast to lead at $5.1 billion, followed by Morgan Stanley at $4.9 billion, JPMorgan at $4.5 billion and Bank of America at $2.6 billion. Analyst estimates compiled as of Thursday’s New York close show performance gaps widening as capital-market activity cools, in contrast to the first half when all five banks benefited from a trading boom.