Flash News

TREE NEWS update: Volvo Car shares fell 3.5% after the automaker withdrew its 2026 sales and cash flow outlook. The Swedish company dropped the forward guidance without providing a replacement target. No further details were disclosed in the statement.

TREE NEWS reports: Kering shares fell 4% in early European trading after JPMorgan lowered its expectations for the luxury group, citing a weaker outlook for the luxury industry. The downgrade of the French owner of Gucci reflects broader analyst caution on high-end consumer demand.

TREE NEWS reports: European equities opened higher, with the Euro Stoxx 50 up 0.4% and Germany’s DAX gaining 0.3%. The UK’s FTSE 100 rose 0.2% and France’s CAC 40 added 0.2% in early trade.

TREE NEWS reports: US spot bitcoin ETFs drew $2.65 billion in net inflows during September, the second-largest monthly haul since October 2025. The figures point to institutional demand holding firm through the month.

TREE NEWS reports: Amazon has held talks with investors in recent weeks about transferring $8 billion worth of Nvidia chips to them, and plans to set up a special purpose vehicle (SPV) to sell the chips. The structure would move the AI processors off Amazon’s balance sheet and into investor hands.

TREE NEWS reports: US spot Ethereum ETFs recorded a net outflow of $55.3727 million on October 1, marking a third consecutive day of net redemptions. Fidelity’s FETH led the outflows at $23.5039 million, while Grayscale’s Ethereum Mini Trust ETH drew the largest single-day inflow at $1.5463 million. FETH’s cumulative net inflow stands at $2.364 billion, and ETH’s at $2.022 billion.

TREE NEWS reports: US spot bitcoin ETFs drew $103 million in net inflows on October 1, led by BlackRock’s IBIT with $196 million. IBIT’s cumulative net inflows have reached $65.574 billion. Grayscale’s Bitcoin Mini Trust ETF BTC was second with $14.5904 million, bringing its all-time net inflows to $2.979 billion.

TREE NEWS update: Nio’s battery-swap network handled a record 183,469 swaps on October 1, 2026, the company said, with an average of one Nio, Onvo or Firefly vehicle completing a swap every 0.47 seconds. The single-day total is the highest since the service began.

TREE NEWS update: The Shanghai Stock Exchange moved the STAR Market IPO applications of three Chinese commercial space companies — LandSpace, CAS Space and MinoSpace — to suspended status on September 30, citing expired financial data in their listing documents that must be resubmitted. The filings now carry the designation “suspended (financial report update).”

TREE NEWS reports: Piper Sandler lowered its price target on Nike to $28 from $38. The brokerage’s revision cuts its implied valuation for the sportswear maker by roughly a quarter versus its previous target. No change to the firm’s rating on the stock was disclosed in the material.

TREE NEWS reports: Japan’s Nikkei 225 closed the morning session down 0.9%, while the broader Topix index fell 1%. The declines came at the morning close in Tokyo, with both benchmarks ending the half-day session in negative territory.

TREE NEWS reports: The Hang Seng Index fell more than 3% intraday, while the Hang Seng Tech Index extended its decline to 3.3% and the Hang Seng Biotech Index dropped 4.5%. Bilibili slid over 6%, with Xiaomi, JD Health and MINIMAX each down nearly 6%.

TREE NEWS reports: Seres shares listed in Hong Kong rose as much as 9% intraday to HK$38.3, after Huawei and Seres reached a new five-year cooperation agreement. The stock’s move followed the announcement of the extended partnership between the Chinese automaker and the technology company.

TREE NEWS reports: Hong Kong’s Hang Seng Index opened down 2.09% at 24,099.73 points, with the Hang Seng Tech Index falling 1.81%. JD Health dropped nearly 7%, Baidu fell more than 3%, and XPeng and JD.com each declined close to 3%.

TREE NEWS reports: The Nikkei 225 extended its intraday decline to 1%, with the index deepening losses during the trading session. The move marks a widening pullback in Japanese equities on the day.

TREE NEWS update: Moderna will be added to the Nasdaq-100 index before the market opens on Friday, October 9, replacing Warner Bros. Discovery as a constituent. The index change was announced ahead of the Friday open, with the vaccine maker taking the media company’s place in the benchmark.

TREE NEWS reports: Anthropic is reportedly pushing toward an IPO at a $2 trillion valuation before Thanksgiving, with an investor day set for October 14. The AI developer’s listing would rank among the largest ever. No further terms of the offering were disclosed.

TREE NEWS reports: Bitwise’s NEAR ETF (NRR) recorded about $9 million in net inflows on its third trading day, the firm’s CEO said in a post on X. He added that investors bought into NEAR as the token pulled back. The figure covers a single session of the fund’s early trading.

TREE NEWS reports: Nike shares deepened their after-hours decline to 8.4%. The extended move in the US-listed sportswear maker’s stock came during post-market trading, with no further detail given on the cause of the drop.

TREE NEWS update: Cathie Wood said ARK Invest’s ETF strategy has added Kalshi, the private prediction-market platform, as a holding. Wood praised Kalshi’s management team and said she is bullish on its development in the prediction-market sector. The disclosure covers Kalshi’s inclusion within ARK’s ETF lineup, though no position size or date was given.