Flash News

TREE NEWS reports: Korean retail investors net bought 43.1143 trillion won of Samsung Electronics and 39.5028 trillion won of SK Hynix between Jan 2 and Oct 2, 2026, Korea Exchange data show, while institutions net bought 11.6193 trillion won and 8.5265 trillion won of the two chipmakers respectively. Foreign investors net sold 84.5702 trillion won of Samsung and 82.5040 trillion won of SK Hynix, and also cut holdings in Hyundai Motor and SK Square, as the AI boom reshapes Korean equity flows.

TREE NEWS reports: Reliance Industries’ telecom and digital unit Jio is seeking a valuation of about $114 billion in its planned initial public offering. The IPO would rank among the largest listings by an Indian company, with the offering tied to the conglomerate controlled by Mukesh Ambani.

TREE NEWS reports: European equities opened higher on Wednesday, with the Euro Stoxx 50 up 0.5%, Germany’s DAX up 0.6%, the UK’s FTSE 100 up 0.5% and France’s CAC 40 up 0.3%. The broad-based gains across the region’s major benchmarks marked a firmer start to the session.

TREE NEWS update: Qualcomm said on October 6 that its newly announced multi-year patent licensing agreement with Huawei is not a net payment by Qualcomm to Huawei, rejecting reports to that effect. The company said the broad cross-licensing deal covers multiple technology areas and that its specific terms are confidential. Qualcomm also said claims that the agreement involves “logic folding chip technology” are untrue.

TREE NEWS update: AMD CEO Lisa Su met with TSMC in Hsinchu on Oct. 6 after visiting Foxconn, Quanta, Asus and Acer, confirming that AMD’s previously announced $10 billion Taiwan supply chain investment is on schedule and will be raised further due to surging AI demand. Su said close cooperation with key suppliers and partners remains essential.

TREE NEWS update: Binance Futures will list four USDT-margined perpetual contracts on October 6, 2026, the exchange said in an official announcement. USDEXUSDT opens at 17:00 Beijing time, followed by VKTXUSDT at 17:05, MCDUSDT at 17:10 and AKAMUSDT at 17:15. All four are TradFi perpetual contracts quoted in USDT.

TREE NEWS reports: AMD CEO Lisa Su said chip demand will remain “very strong” over the coming years as AI applications increase, adding that chips remain in short supply and memory chip supply is still tight. She said AI is good for the world and will not harm humanity, and called stronger coordination among major US AI companies important. Su is due to meet TSMC executives later on Tuesday.

TREE NEWS reports: Seagate and Toshiba are competing to acquire TDK’s hard disk drive head business, with the deal potentially worth several billion dollars, people familiar with the matter said. Toshiba opened talks with TDK in the spring, and Seagate followed with a higher offer in the summer, as both seek to meet surging AI data-center demand for storage. TDK shares rose 7.3% in Tokyo on Tuesday afternoon on volume nearly three times the 20-day average.

TREE NEWS reports: Kuaishou’s AI video-generation unit Kling AI has selected banks for a potential Hong Kong initial public offering that could raise at least $1 billion, people familiar with the matter said. The company is working with CICC, Goldman Sachs and UBS, aiming to list as early as next year. Discussions are ongoing and details such as size and timing may change.

TREE NEWS reports: Hong Kong-listed large-model concept stocks rose, with Zhipu gaining 6.84% and MiniMax advancing 3.85%. The move lifted the sector’s China AI model names traded in Hong Kong.

TREE NEWS reports: The Nasdaq Composite rose 1.2% on October 2 even as September nonfarm payrolls added just 29,000 jobs, below the revised 133,000 in August. The unemployment rate rose to 4.2%. The 10-year Treasury yield closed at 5.279% and the 30-year at 5.628%. Markets cut the implied probability of a 25-basis-point October rate hike to 22.7% from 64.2% a week earlier.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened 1% higher on the day, while the Hang Seng Tech Index gained 1.02% at the open. The two benchmarks moved up together in early trading.

TREE NEWS reports: Japan’s Nikkei 225 opened 0.01% higher, while South Korea’s Kospi Composite opened up 0.6%. The modest gains in the two Asian benchmarks came at the start of the trading session.

TREE NEWS reports: The Nasdaq Composite rose 1.05% to close at a record 27,477.31, with all three major US indexes higher as AI chip stocks and Chinese ADRs gained and gold and silver futures steadied after sharp declines the prior week. US September ISM services PMI fell to 54.9, while its prices index jumped to 74.0, a four-year high.

TREE NEWS update: Nasdaq-listed bitcoin treasury company Strive bought 2,000 BTC last week for roughly $169 million, its largest purchase in four months. The company, co-founded by Vivek Ramaswamy, now holds 29,462 BTC.

TREE NEWS update: Moody’s has affirmed Qualcomm’s A2 rating, the ratings agency said. No outlook change or further detail accompanied the affirmation. A2 is Moody’s sixth-highest investment-grade long-term issuer rating.

TREE NEWS reports: The Magnificent 7 index rose 1.07% on Monday, October 5, to close at 238.22, surpassing its previous record close of 236.01 set on September 21 and touching an intraday record of 239.38. Nvidia gained 2.12% to a record close of $238.90, while Tesla added 2.2%; Meta and Microsoft rose as much as 1.9%, and Apple slipped 0.24%. TSMC climbed 2.75% to a record close of $485.80.

TREE NEWS reports: Nasdaq-listed DeFi Development Corp bought about $3 million of Solana in its latest weekly purchase, lifting its holdings 1% to roughly 2.56 million SOL and SOL equivalents. The addition is about half the prior week’s gain and well below the company’s mid-September buying pace.

TREE NEWS update: Wall Street banks have led the arrangement of a $60 billion chip financing deal for Broadcom and Anthropic. The transaction ties Broadcom’s semiconductor supply to Anthropic’s AI compute needs. Further terms of the financing were not disclosed.

TREE NEWS reports: At the New York close on Monday, October 5, S&P 500 futures settled 0.72% higher, Dow futures rose 0.25% and Nasdaq 100 futures gained 0.91%. Russell 2000 futures added 0.63%.