TREE NEWS update: Meta Platforms has launched a Spaces feature inside its Muse app, the company said. The rollout adds a new social space within the Muse application. Meta did not disclose further details on availability, user limits or a launch date.
TREE NEWS update: Ukrainian presidential communications adviser Lytvyn said on Nov. 6 that Andriy Budanov, head of the President’s Office, will attend trilateral Ukraine-U.S.-Russia talks in Abu Dhabi on Nov. 10-11 but will not head the Ukrainian delegation. Lytvyn said Budanov had only confirmed he would travel with the delegation and never stated he would lead it. The negotiating team is preparing for the talks, with multiple rounds of communication held on Nov. 6.
TREE NEWS reports: The number of active U.S. oil rigs rose by one to 463 in the week ending November 6, up from 462 in the prior week. The reading marks a modest increase in drilling activity for the week.
TREE NEWS reports: Brazil’s trade surplus widened to $9.318 billion in October, coming in above the $9.15 billion expected. The figure extends the country’s run of monthly trade surpluses. No further breakdown of exports or imports was provided.
TREE NEWS reports: Goldman Sachs’ volatility fear gauge for US stocks jumped to 9.57 on Thursday, crossing the 9.5 panic threshold, as traders said the sharp selloff has pushed market fear to an extreme level historically followed by strong medium-term rebounds. The roughly 5-point rise was the third-largest single-day gain on record, while the gauge suffered its fourth-largest one-day drop on Wednesday, setting a record two-day swing.
TREE NEWS reports: LME copper closed down $76 at $13,768 a tonne, with the metal on course for its largest weekly decline since March. Zinc fell $82 to $3,711/t and lead slipped $8 to $1,886/t, while aluminium eased $2 to $3,062/t. Tin bucked the trend, jumping $988 to $46,467/t, and nickel added $31 to $16,353/t; cobalt was unchanged at $33,525/t.
TREE NEWS reports: CoreWeave shares turned negative, erasing an earlier gain of as much as 9.3%. The reversal left the stock lower on the session after the intraday rally failed to hold. No further details were disclosed.
TREE NEWS reports: Microsoft is winding down its agreements to lease AI computing capacity from Oracle, declining to renew contracts and shutting down related capacity in recent months, Bloomberg reported. The move stems from Oracle’s hardware using older-generation Nvidia chips that no longer meet Microsoft’s specifications, part of a broader review of its multibillion-dollar cloud partnerships. Microsoft has spent more than $80 billion leasing capacity from CoreWeave, Nscale and Nebius. Oracle said demand for its AI infrastructure, including early GPUs, remains strong; Microsoft declined to comment.
TREE NEWS update: The US Treasury has added 45 more individuals and entities linked to Prince Group to its Specially Designated Nationals list. The SDN update lists no cryptocurrency addresses for the newly designated parties, but US firms must still block covered assets and avoid unauthorized dealings with them.
TREE NEWS reports: Bitcoin dropped below $75,000 after US nonfarm payrolls data significantly beat forecasts, increasing bets on a December interest-rate hike. The decline came as crypto markets failed to follow a rebound in tech stocks. The payrolls beat reinforced expectations that the Federal Reserve may tighten policy again in December.
TREE NEWS reports: The US 10-year Treasury yield briefly fell from above 4.84% to a session low of 4.8103% before quickly turning higher. The move followed a Bloomberg report that Microsoft is gradually ending its rental of AI cloud computing capacity from Oracle, citing insufficiently new chips. Semiconductor and AI stocks have suffered a sharp selloff since the US midterm elections on November 4.
TREE NEWS update: The US Treasury’s Office of Foreign Assets Control sanctioned 45 additional targets linked to the Prince Group, the alleged crypto scam empire, OFAC announced. The designations cover offshore companies and associates that OFAC says helped Prince Group executives conceal assets and evade earlier sanctions. The action expands the US campaign against the network’s financial enablers.
TREE NEWS reports: Bloom Energy gave back its earlier gains and fell to a fresh session low on the day. The move marks a reversal for the fuel-cell maker’s shares, which had been trading higher before turning lower. No specific catalyst for the swing was given.
TREE NEWS reports: Oracle shares reversed gains and fell 4% to a session low, dragging the Nasdaq 100’s advance down to 1.2%. The Nasdaq was up 1%, the S&P 500 0.49% and the Dow turned negative, down more than 0.1%, while the semiconductor index rose 3%.
TREE NEWS reports: Microsoft is winding down its rental of AI computing capacity from Oracle, closing leased capacity after declining to renew contracts in recent months, as part of a broader reassessment of their multibillion-dollar cloud partnership. The Oracle hardware no longer meets Microsoft’s specifications because it runs on older-generation Nvidia chips. Oracle said demand for its AI infrastructure remains strong, including for older GPUs, and in September said it was renewing four-year-old GPU contracts at a 20% premium to the original price.
TREE NEWS update: GOPAX, the South Korean crypto exchange controlled by Binance, has stopped trading and now processes crypto withdrawals only through emailed requests to its support desk. The exchange cited a recommendation from financial authorities and did not give a date for reopening. Users must contact support by email to withdraw their crypto assets.
TREE NEWS reports: ICE UK natural gas futures fell 5.74% to 212 pence per therm on Friday, bringing the weekly decline to 17.70%, with steady downward pressure from Nov. 2-4. TTF Dutch benchmark gas futures dropped 4.72% to 85.702 euros per megawatt-hour, touching 81.328 euros at 20:30 Beijing time, for a weekly loss of 17.83%. ICE EU carbon allowance futures fell 2.79% on the week to 86.70 euros per tonne.
TREE NEWS reports: The UK Maritime Trade Operations (UKMTO) said it has recorded 155 maritime security incidents related to the US-Iran conflict in its voluntary reporting area so far this year, in its latest weekly maritime security report dated Nov. 6. The agency has issued 166 security warnings and 22 security advisories year to date. UKMTO monitors key shipping lanes in the Middle East and surrounding waters and issues risk alerts to passing commercial vessels.
TREE NEWS update: Qatar’s prime minister said the United States and Iran cannot reach a “perfect agreement” and should instead accept a good deal rather than pursue an unattainable ideal. The remarks, reported on the diplomatic track between Washington and Tehran, frame the negotiations around achievable terms. No timeline or specific terms of a potential agreement were disclosed.
TREE NEWS update: Google DeepMind said on November 7 that its AI agents, under human guidance, identified two major weaknesses in the traditional 1024-bit RSA encryption system. The company said modern 2048-bit systems are not affected by these specific vulnerabilities, but the work shows historical assumptions about computational difficulty can no longer be relied upon as AI-driven mathematics advances, requiring continuous stress-testing of cryptographic standards.