Flash News

TREE NEWS update: Metaplanet CEO Simon Gerovich said the company sold bitcoin in the third quarter to retire outstanding principal on bonds, loans and other interest-bearing debt, then repurchased more than it sold for a net increase of 1,000 BTC. As of Sept. 30, Metaplanet holds 44,000 BTC, making it the world’s second-largest listed bitcoin treasury company. The firm also launched a net interest income strategy aimed at building recurring revenue and lowering its cost of capital.

TREE NEWS update: Vaxcyte shares surged more than 85% in premarket trading after the company said its pneumococcal vaccine met the goal of a late-stage clinical trial. The premarket move reflects investor reaction to the trial result for the vaccine candidate.

TREE NEWS reports: Arkham said on X that the on-chain wallet of Morgan Stanley’s bitcoin ETF, MSBT, holds 10,519 BTC worth $904 million. MSBT began trading on NYSE Arca in April, and Arkham said it identified and first publicly disclosed the ETF’s address within a week.

TREE NEWS reports: Intel shares dropped more than 4% in US pre-market trading. The move came before the market open, with the stock down over 4% in pre-market activity. No further details were disclosed.

TREE NEWS update: Xiaomi Group bought back 2 million Class B shares on October 5 for HK$47.6 million, the company disclosed. The repurchase values the shares at an average of about HK$23.8 each. The buyback covers only Xiaomi’s Class B stock, the listed share class carrying one vote per share.

TREE NEWS update: Japan-listed Metaplanet said it net purchased 1,000 BTC in the third quarter of its fiscal year ending December 2026, bringing total holdings to 44,000 BTC as of September 30, 2026. The company sold 10,000 BTC and bought 11,000 BTC during the period, a sale-and-repurchase it said was aimed at verifying its ability to monetize its bitcoin holdings.

TREE NEWS reports: Hong Kong stocks closed higher, with the Hang Seng Index up 0.28% and the Hang Seng Tech Index up 0.62%. Zhipu gained more than 6%. PCB and optical module shares were strong, with Kingboard Laminates up nearly 12% and Cambridge Technology up nearly 8%.

TREE NEWS reports: Hong Kong stocks closed higher, with the Hang Seng Index up 0.28% and the Hang Seng Tech Index up 0.62%. Semiconductors and AI application shares were the standout performers. Zhipu (02513.HK) closed up 6.15%.

TREE NEWS reports: Bitcoin ETFs recorded a third consecutive week of inflows, while Ether ETFs flipped to outflows. Ether funds shed $138 million over the week, and Zcash funds posted their first weekly outflow.

TREE NEWS reports: DBS Group Chief Investment Officer Hou Wey Fook said Nvidia’s valuation and its projected 70% earnings growth next year show AI-driven tech stocks are still far from bubble territory. Nvidia currently trades at 17 times forward 12-month earnings, he noted.

TREE NEWS reports: Hon Hai Precision Industry reported September revenue of NT$1.16 trillion, up 38.4% year-on-year. Third-quarter revenue reached NT$3.03 trillion, a 47.1% increase from the same period a year earlier. The figures were released by the Taiwanese manufacturing giant, whose official results cover its September and third-quarter sales performance.

TREE NEWS reports: DBS Group chief investment officer Hou Wey Fook said Nvidia’s valuation and its projected 70% earnings growth next year show AI-driven tech stocks are far from bubble territory. Nvidia’s forward 12-month price-to-earnings ratio stands at 17 times, which he compared with Cisco Systems’ roughly 100x multiple before the dot-com crash. “If the poster child of AI is Nvidia and it’s trading at only a teens multiple, how can you call this a bubble?” he said, adding semiconductor and AI investment still face tailwinds.

TREE NEWS reports: Morgan Stanley chief US equity strategist Mike Wilson said 51% of Russell 3000 constituents have fallen more than 20% from their June highs, while the median S&P 500 stock sits 16% below its 52-week high. Wilson quantified the gap between index level and market breadth at roughly 12%, warning the S&P 500 could fall to about 6,800-7,300 within a month if Treasury volatility does not cool. The 10-year yield is back at 5.25% and the MOVE index has topped 100, while VIX remains below 15.

TREE NEWS update: Honda plans to reduce costs in India and shorten its development cycles by half, with the business overhaul to be carried out in partnership with Tata. The Japanese automaker did not disclose figures or a timeline for the India restructuring.

TREE NEWS reports: Japan’s Nikkei 225 closed up 1,637.40 points, or 2.40%, at 69,946.86 on Monday, October 5. The index posted its gain in the session ending that day.

TREE NEWS reports: Japan’s Nikkei 225 closed 2.4% higher at 69,946.86, while the broader TOPIX index finished up 1.3% at 4,145.22. The gains mark a session of broad strength across Tokyo-listed equities.

TREE NEWS update: Huawei and Qualcomm have signed a multi-year patent cross-license agreement. The two companies announced the deal covering patented technologies on both sides. No financial terms of the agreement were disclosed.

TREE NEWS reports: Zhipu AI’s Hong Kong-listed shares climbed more than 5% while Lenovo Group gained over 4% on the same session. The moves mark a sharp intraday advance for both names in Hong Kong trading. No further details were immediately available.

TREE NEWS reports: Taiwan’s stock market rose as much as 2.7% to an all-time intraday high of 49,770.66 points. Semiconductor giant TSMC climbed as much as 3.2%, also setting a record intraday high.

TREE NEWS reports: Nasdaq 100 index futures erased an intraday gain of 0.5%, turning flat as the advance was given back. The move leaves the futures contract little changed on the session.