Flash News

TREE NEWS reports: US stocks closed mixed on October 9, with the Dow up 0.20% while the Nasdaq fell 1.31% and the S&P 500 slipped 0.36%. Crypto miner Riot Platforms (RIOT) dropped 8.51%, leading declines among notable names. Intel (INTC) fell 5.38%, SanDisk (SNDK) lost 4.95%, Micron (MU) declined 4.75%, SPCX fell 4.42% and SKHY dropped 4.39%.

TREE NEWS reports: The Nasdaq Golden Dragon China Index closed down 0.5% in preliminary trading. Among popular Chinese ADRs, Kingsoft Cloud fell 5.2%, 21Vianet dropped 4.2%, while NIO and GDS Holdings each declined more than 3%. Chagee and Huazhu gained over 1%, and Yum China rose 2.9%. Among ETFs, CQQQ fell 3.1% and KWEB lost 1.2%.

TREE NEWS reports: The S&P 500 closed 0.4% lower, with technology off 1.9% and consumer discretionary down 0.4%, while consumer staples rose 2.2% and energy gained 2.9%. The Nasdaq 100 fell 1.4%, as Astera Labs dropped 9.3%, CoreWeave 7.8% and Nebius Group 7.2%, with Arm Holdings, Lumentum, Intel and SanDisk each losing at least 4.8%. PepsiCo rose 3.3%, Adobe 3.3% and Diamondback Energy 3.9%.

TREE NEWS reports: US telecom carriers extended losses into the close, with Verizon down 6.6%, AT&T down 7.2% and T-Mobile US down 6.6%. The late-session selloff hit all three major US wireless operators simultaneously.

TREE NEWS reports: Investment bank TD Cowen raised its end-2026 bitcoin price forecast to about $109,000, up from the $97,500 it set in early September, and projects $280,000 by 2029. The bank maintained its Buy rating and $260 target price on Strategy (MSTR). Analyst Lance Vitanza and colleagues said higher bitcoin prices could lift Strategy’s earnings potential, though capital-structure expansion and related dilution erode the per-share benefit.

TREE NEWS update: LinkedIn is overhauling its employee bonus system, shifting future payouts to be based on individual performance. The change marks a significant restructuring of how the Microsoft-owned professional network compensates staff. No figures or effective date were disclosed.

TREE NEWS reports: The Hang Seng Index main futures contract closed its night session up 0.12% at 23,802 points. The Hang Seng Tech Index main futures contract closed down 0.22% at 4,072 points.

TREE NEWS update: US President Donald Trump said Microsoft CEO Satya Nadella has completely transformed the company. Trump made the remark about the Microsoft chief in comments that touched on the technology company’s leadership. No further details or policy measures were disclosed in the remarks.

TREE NEWS reports: Microsoft shares extended their decline to 2%, deepening the stock’s drop. The move marks a widening of the session’s losses for the software giant. No further details on the cause of the decline were provided.

TREE NEWS reports: TD Cowen maintained its $260 price target on Strategy (MSTR), saying shareholder dilution limits the benefit of brighter bitcoin forecasts. The broker kept its rating and target unchanged, framing dilution as a drag on the upside from higher BTC price assumptions.

TREE NEWS reports: Nvidia-backed Firmus may postpone its Australian IPO. No timing, valuation or reason for the potential delay was disclosed. The company, which counts Nvidia among its backers, had been expected to list in Australia.

TREE NEWS reports: US memory-chip stocks fell more than 5% on Wednesday, with SanDisk dropping over 6% and SK Hynix more than 5%. Micron Technology and Seagate Technology each lost over 4% as the storage sector sold off broadly.

TREE NEWS reports: Microsoft shares fell 1.2% in the latest session. No further details on the move were disclosed.

TREE NEWS reports: CoreWeave’s stock decline deepened to 8.8% on the session, extending an earlier slide in the shares. The AI cloud computing provider saw the drop widen as selling pressure persisted. No company statement or specific catalyst was given in the material.

TREE NEWS reports: The Philadelphia Semiconductor Index fell 3.01% intraday to 12,672.84 points. Nvidia dropped 1.96%, Broadcom 2.88%, Micron 3.68%, Intel 4.76%, AMD 3.53%, Qualcomm 2.60%, TSMC 2.83% and ASML 0.98%.

TREE NEWS reports: Oracle shares extended their decline to 6.1%, with the drop widening during the session. No company statement or news catalyst was cited in the move.

TREE NEWS reports: The Nasdaq Composite’s decline widened to 1% on Wednesday, extending the index’s losses during the session. The drop marks a further pullback for the tech-heavy benchmark, which counts major crypto-linked equities among its constituents. No specific catalyst for the move was cited in the material.

TREE NEWS reports: All three major US stock indexes fell intraday on October 9, with the Dow Jones down 0.20%, the Nasdaq down 1.06% and the S&P 500 down 0.49%. The declines were reported from market data showing broad weakness across the indexes during the session.

TREE NEWS reports: Riot Platforms (RIOT) shares fell 10.03% intraday to $16.64. The drop marks a sharp single-session decline for the bitcoin miner’s stock, which trades under the ticker RIOT.

TREE NEWS update: Renault CEO Storonsky said the company’s goal is to achieve a primary listing in the United States. The automaker’s chief executive framed the US as the target venue for its main stock listing. No timeline or further details were given.