Flash News

TREE NEWS update: ByteDance, TikTok’s parent, secured a $30 billion unsecured loan from nearly 30 banks to fund its aggressive AI push, including chips, models, and overseas data centers. The rare unsecured facility marks one of the largest corporate loans for AI infrastructure.

TREE NEWS reports: US crypto and crypto-linked indices fell 0.08% to 75.46 points, but are up 12.05% for the week. Bitcoin dropped 1.96% to $79,855.75 after a sharp decline from above $81,000 following the US jobs report, briefly breaking below $78,650. Ether fell 1.97% to $2,455.927, with a seven-day gain of 1.23%.

TREE NEWS update: S&P Dow Jones Indices will add Bloom Energy, Illumina, and Everpure to the S&P 500 index. The changes take effect prior to the open on a date to be announced. The additions reflect ongoing index rebalancing.

TREE NEWS update: The G7 is urging organizations to adopt post-quantum security measures before powerful quantum computers can compromise current encryption and digital signatures. The warning highlights the need for the crypto industry to prepare for quantum threats, as existing cryptographic standards may become vulnerable.

TREE NEWS reports: FTSE China A50 index futures rose 0.29% in overnight continuous trading, closing at 14,696 points. The modest gain reflects steady investor sentiment in offshore markets tracking Chinese equities.

TREE NEWS reports: The offshore yuan (CNH) strengthened to 6.7080 per dollar at the New York close on Friday, up 95 pips from Thursday, approaching its 2022 high of 6.6862. The currency traded in a range of 6.7186-6.7052, near levels last seen in early 2023. For the week, CNH gained 0.34%.

TREE NEWS update: Robinhood Chain’s transaction data failed to reach Ethereum for exactly 14 minutes across two gaps on Friday, though block production continued every 101 milliseconds. Arbitrum attributed the outage to Ethereum’s blob market, which aligns with the second gap but not the first.

TREE NEWS update: Fitch Ratings has upgraded Portugal’s sovereign credit rating to A+ from A, citing improved fiscal metrics and a declining debt burden. The agency’s decision reflects the country’s robust economic growth and commitment to debt reduction, supporting its medium-term fiscal outlook.

TREE NEWS reports: Spot gold dropped 0.98% to $4,429.07/oz at Friday’s New York close, tumbling from above $4,470 to a daily low of $4,365.73 at 21:01 Beijing time on the US nonfarm payrolls release, breaking the earlier V-shaped rebound. Silver fell 1.22% to $66.1650/oz, while gold and silver posted weekly losses of 0.57% and 0.27%, respectively.

TREE NEWS update: The Israeli Defense Forces (IDF) said on the evening of the 4th that it carried out airstrikes in southern Lebanon in response to Hezbollah’s violation of the ceasefire. Earlier that day, Hezbollah operatives launched a drone at IDF troops operating in a “security zone” in southern Lebanon. The IDF opened fire and downed the drone; no Israeli soldiers were injured.

TREE NEWS reports: MSCI’s emerging market currency index rose 0.3%, extending its winning streak to ten consecutive weeks. The MSCI emerging market stock index gained 1.3% during the same period. The continued strength in developing country currencies underscores robust investor appetite for risk assets.

TREE NEWS update: Polymarket launched its Perps product, offering crypto perpetual futures with up to 20x leverage, on its first day scaling from 10 markets to 67. The maximum leverage applies only to certain markets, and the product is unavailable to U.S. traders.

TREE NEWS reports: Bitcoin fell below $80,000 after the US added far more jobs than expected in August, prompting traders to scale back bets on a Federal Reserve rate cut this month. The surprise nonfarm payrolls print pressured risk assets, with BTC sliding as rate-cut expectations faded.

TREE NEWS reports: On Friday, September 4, the Bloomberg Electric Vehicle Price Return Index fell 0.18% to close at 3407.93 points. The index declined 2.96% for the week, with losses continuing through the Asia-Pacific morning session from August 31 to September 2 before gradually recovering.

TREE NEWS reports: The Federal Reserve reported that US bank deposits increased to $19.559 trillion in the latest week, up from $19.532 trillion the prior week. The data, released on [date], reflects a weekly rise of $27 billion. This marks a continued trend in deposit growth amid current economic conditions.

TREE NEWS reports: The North American Tech Software Index ETF closed down 2.23% at $104.57, bringing its weekly loss to 4.50%. Meanwhile, cybersecurity ETFs also fell: Global X Cybersecurity ETF dropped 0.72% (weekly -3.68%), Nasdaq Cybersecurity ETF slipped 0.77% (weekly -4.03%), and ETFMG Cybersecurity ETF declined 0.70% (weekly -4.15%).

TREE NEWS reports: In S&P 500 sector trading, consumer discretionary closed down 1.26%, energy fell 0.98%, and telecom dropped 0.94%, while information technology/tech rose 0.23% and industrials gained 0.41%.

TREE NEWS reports: On Friday, September 4, US sector ETFs ended mixed. Semiconductor ETFs rose 2.6%, global tech index ETFs gained 1.21%, and tech sector ETFs added 0.72%. Conversely, internet and energy ETFs fell 0.87%, while consumer discretionary ETFs declined 1.33%.

TREE NEWS update: President Trump on Friday dismissed the Iran war as a ‘small’ matter for the US, saying it is a military conflict rather than a real war. He agreed with Vice President Vance’s assessment that large-scale combat operations ended months ago, so the current clashes do not constitute a war.

TREE NEWS reports: Lululemon shares fell 17% on Thursday, closing at their lowest level since 2018. The sharp decline marks a significant sell-off for the athletic apparel maker, wiping out billions in market value. The move comes amid broader market volatility and concerns over consumer spending.