TREE NEWS update: Volkswagen’s CEO said the company will invest hundreds of billions of euros over the coming years to make its iconic brands more attractive, stronger, and more competitive. The supervisory board’s approval of the 2030 future plan signals a strong commitment to the group’s development.
TREE NEWS reports: Tom Lee, chairman of Bitmine, said on X that about 20% of the top-performing stocks in the Russell 1000 index this quarter are crypto-related. BMNR is up 99% since Q3, ranking 4th; MSTR up 67% (12th); CRCL up 65% (14th); BLSH up 55% (21st). Lee noted with a month left, these strong performers may attract investor attention.
TREE NEWS update: Ukrainian President Volodymyr Zelensky announced that a special envoy of US President Donald Trump will arrive in Ukraine on Sunday. The visit comes amid ongoing diplomatic efforts to address the conflict. No further details were provided.
TREE NEWS update: iPronics, a maker of rack-scale optical switching for AI data centers, announced a $125 million Series B round on Sept. 5, co-led by Maverick Silicon and Light Street Capital, with participation from Nvidia, Triatomic Capital, Bosch Ventures, Catalight Capital, and the European Innovation Council Fund. Total funding now stands at $177 million. Proceeds will scale operations and accelerate commercial deployment.
TREE NEWS update: The World Meteorological Organization confirmed on September 3 that an El Nino event has emerged and is expected to strengthen into a super El Nino within months. The UN agency said there is a near 100% chance the event will peak by end of 2024 and persist until February 2027. UN Secretary-General Antonio Guterres warned the world has entered a ‘danger zone’ for extreme weather, as climate experts note heightened risks due to global warming.
TREE NEWS reports: Robinhood’s meme coin MEME plunged over 60% in six hours, with market cap falling to $45.31 million after peaking at $151 million. The drop follows Robinhood’s launch of tokenized stocks, which drew criticism from AMC CEO Adam Aron over legal threats.
TREE NEWS update: Binance founder Changpeng Zhao met with Kazakhstan’s Deputy Prime Minister and Minister of Digital Development, Zhaslan Madiyev, on September 4, praising the country’s rapidly growing cryptocurrency industry. Madiyev, a former general manager of Binance Kazakhstan (2022-2024), has held his current ministerial role since May 2024 and was promoted to deputy PM in 2025-2026.
TREE NEWS reports: European natural gas futures posted strong weekly gains on Friday. ICE UK gas futures settled 1.03% higher at 179.830 pence/therm, up 6.73% for the week. The TTF benchmark Dutch gas futures rose 1.29% to 72.418 euros/MWh, gaining 9.24% on the week after hitting a high of 75.339 euros earlier. EU carbon permits settled 0.47% higher at 83.40 euros/tonne, up 1.45% for the week.
TREE NEWS update: BitMEX co-founder Ben Delo made two further donations totaling £4 million to the UK Reform party, on April 17 and April 30. The donations accounted for 75% of the party’s £5.33 million quarterly haul. Delo’s total donations this year reach £8 million, second only to Tether investor Christopher Harborne. All payments were in cash, not cryptocurrency.
TREE NEWS reports: MSCI Nordic Countries Index was roughly flat at 402.61 points. Among ten sectors, Nordic telecom was the biggest decliner. Biotech firm Novonesis Novozymes B fell 3.1%, the worst performer among Nordic stocks.
TREE NEWS update: Ripple has partnered with the University of Florida to feature the XRP logo on the field at Ben Hill Griffin Stadium and across Florida Athletics’ digital properties and events. This marks the latest step in Ripple’s broader college sports sponsorship strategy, following similar deals with other universities.
TREE NEWS reports: Anthropic is weighing whether to build more of its own billing, fraud detection and other financial infrastructure rather than rely on external providers. The AI firm has not finalized decisions on payments, billing and tax processing—whether to develop more tools internally or continue procuring vendor solutions. One senior billing engineer role would help guide build-versus-buy choices.
TREE NEWS reports: Robinhood Chain’s total value locked surged about 90% in 30 days to $757 million, ranking 12th network-wide, but Robinhood’s own users contribute only 1-2% of transaction volume. The chain’s daily DEX volume exceeded $1 billion, latest at $1.69 billion, about 17% of global DEX volume. Weekly volume reached $8.2 billion, trailing only Solana and Ethereum. Uniswap intermediates 77% of the chain’s volume, accounting for over 50% of Uniswap’s total volume.
TREE NEWS reports: Germany’s DAX 30 index provisionally closed up 0.16% at 26,044.42 points on Friday, capping a weekly decline of about 1.9%. France’s CAC fell 0.08% provisionally, Italy’s FTSE MIB dropped 0.28% with banks down 0.68%, while the UK’s FTSE edged up 0.02%.
TREE NEWS reports: The pan-European STOXX 600 index closed provisionally up 0.16% at 650.11 points on Friday, but posted a weekly decline of about 0.7%, forming a V-shaped pattern. The eurozone STOXX 50 rose 0.22% to 6,396.07 points, down 1.3% on the week. The FTSE Eurofirst 300 gained 0.13% to 2,597.63 points.
TREE NEWS update: U.S. Commerce Secretary Howard Lutnick disclosed income of at least $250 million in his latest annual ethics filing, mostly from his prior stake in Cantor Fitzgerald. The filing shows he resigned from Cantor and hundreds of entities in February, the month he was sworn into office.
TREE NEWS update: The World Meteorological Organization confirmed on Sept 3 that an El Nino event has developed and is expected to intensify into a super El Nino within months. China’s National Climate Center forecasts above-normal autumn rainfall for most areas south of the Yangtze, with notably higher precipitation in Jiangnan and eastern Southwest China, raising the probability of extreme rainfall events. Temperatures are also expected to be significantly higher in eastern Southwest China and South China, with episodic heatwaves continuing through September.
TREE NEWS update: Ukraine’s SBU headquarters in Kyiv was struck by a Russian drone on April 4, President Zelensky said. Citing security concerns, US envoy Witkoff, planning to visit Russia and Ukraine, is considering alternatives as Ukrainian airspace remains closed, potentially altering his trip.
TREE NEWS reports: BlackRock portfolio manager Jeff Rosenberg said Friday’s strong US August jobs growth underscores the importance of next week’s consumer price index. He noted the data validates their labor market view and refocuses attention on inflation. Whether the Fed hikes in September depends on CPI progress, with inaction likely if the September 11 report shows improvement.
TREE NEWS update: Europe is the fastest-warming continent on Earth. Deputy Director Samantha Burgess told CCTV that climate change is acting as a ‘risk amplifier’ for extreme weather, as this summer brought heatwaves, droughts, low river levels and heightened wildfire risk across the region.
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