TREE NEWS reports: US stocks opened mixed, with the Dow down 1% while the Nasdaq 100 rose 1.5% and the semiconductor index jumped 5.4%. SanDisk gained 10.4%, and Nebius, AMD, Western Digital, Seagate, TSMC, Micron, Intel, SK Hynix ADRs and Nvidia rose as much as about 7.4%, while Apple and Microsoft fell as much as over 1.6%. October nonfarm payrolls rose by 165,000, prior months were revised higher, and the unemployment rate fell to 4.1%, after which traders increased bets on a Federal Reserve rate hike in December.
TREE NEWS update: Zhao Leji, chairman of the National People’s Congress Standing Committee, met separately in Beijing on the afternoon of the 6th with Gabonese President Brice Oligui Nguema and Austrian Chancellor Christian Stocker. The meetings were held at the Great Hall of the People. No further details of the discussions were disclosed.
TREE NEWS reports: The S&P 500 opened 23.92 points higher, up 0.33% at 7,377.65. The Nasdaq Composite opened up 287.49 points, a 1.18% gain at 24,602.48. The Dow Jones Industrial Average opened lower by 444.21 points, down 0.86% at 51,078.85.
TREE NEWS reports: Democrats’ control of Congress after the US midterm sweep has reopened debate over the CLARITY Act, putting consumer protections and ethics provisions at the center of the crypto market-structure bill. The legislation faces a new test as the crypto industry weighs which concessions it may have to make to advance the measure.
TREE NEWS update: White House adviser Kevin Hassett said President Donald Trump is excited about the deal reached with Intel, adding that Intel is guaranteed to turn around sharply over time. Hassett did not disclose the terms or value of the transaction in the remarks.
TREE NEWS update: White House adviser Kevin Hassett said the administration will respect the judgment of the Federal Reserve and its chair, Kevin Warsh. The remark signals deference to the central bank’s independence in setting monetary policy. It comes as markets watch for signals on the direction of interest rates.
TREE NEWS update: China’s State Administration for Market Regulation and Oman’s Ministry of Commerce, Industry and Investment Promotion signed a memorandum of understanding on cooperation in competition protection and antitrust on November 2, 2026, in the presence of the two countries’ heads of state. SAMR head Liu Guiping signed for China. The two sides will exchange information and share experience to safeguard fair market competition.
TREE NEWS reports: Investment firms tied to ultra-high-net-worth families completed 56 direct investments in October, up nearly 30% from the previous month. Emerson Collective, the investment firm of Laurene Powell Jobs, was the most active family office investor that month with three healthcare startup deals.
TREE NEWS update: Futures contracts bind both buyer and seller to settlement obligations, while options give the buyer a right in exchange for a premium and the seller the corresponding obligation. The distinction defines how each crypto derivatives instrument allocates risk and obligation between counterparties.
TREE NEWS reports: The European Central Bank is considering assessing bank lending to data centers. The review would focus on how banks finance data-center projects, a sector tied to the buildout of AI infrastructure. No timeline or scope for the assessment was given.
TREE NEWS update: White House adviser Kevin Hassett said President Donald Trump respects communities that do not want data centers built in their areas. Hassett made the remark in comments reported on the subject of local opposition to data center projects. He did not announce any change in federal policy on data center siting.
TREE NEWS update: CICC, Guotai Haitong Securities, CITIC Securities, Galaxy Securities, China Merchants Securities and Orient Securities have all completed the third batch of swap facility operations and deployed their first stock investments under the program, a reporter learned. The swap facility allows brokers to use eligible assets as collateral to obtain liquidity for equity purchases. The six firms are among the first to put the funds to work in the stock market.
TREE NEWS update: A KLM Royal Dutch Airlines flight from Prague to Amsterdam received a bomb threat on November 6 and landed safely at Amsterdam Schiphol Airport, where Dutch Royal Marechaussee conducted a security inspection and found no explosives. The flight, KL1324, arrived at Schiphol at around 10:25 a.m. local time.
TREE NEWS update: The Trump administration postponed a technology meeting scheduled at the White House that was to include a panel featuring Nvidia CEO Jensen Huang and Meta CEO Mark Zuckerberg. No new date was given in the announcement. The postponement affects a high-profile gathering of major U.S. technology executives.
TREE NEWS reports: Attackers behind the $3.1 billion Binance crypto theft have moved funds through more than 20,000 wallets across 16 blockchains, but most of the stolen ETH and Bitcoin remains unmoved, Elliptic said. The bulk of the assets has yet to be laundered, the blockchain analytics firm noted, leaving the majority of the haul traceable on-chain.
TREE NEWS update: The U.S. Treasury Department and the Federal Reserve have withdrawn a proposal to lower the cross-border funds transfer reporting threshold to $250, leaving the $3,000 level in place. The existing threshold continues to apply to qualifying crypto transfers under FinCEN’s current guidance.
TREE NEWS update: SK Hynix has established a US AI investment subsidiary named Hyaico, chaired by SK Group Chairman Chey Tae-won, to oversee up to $10 billion of investment in the US AI industry. The chipmaker disclosed the entity’s name and management structure in a Tuesday filing with the US SEC; the plan was first announced in January under the temporary name AI Co. Hyaico will operate through SK Hynix’s US NAND subsidiary Solidigm and invest in US AI companies and AI factory infrastructure. The $10 billion is a maximum capital commitment drawn via capital calls, not funds deployed immediately.
TREE NEWS reports: TSMC is considering manufacturing advanced memory chips. The move would mark an expansion beyond the contract chipmaker’s core logic-chip business into a segment dominated by companies such as Samsung and SK Hynix. No timeline, investment figure or product details were disclosed.
TREE NEWS reports: The secured overnight financing rate (SOFR) came in at 3.92% for the November 5 trading session, down from 3.94% the prior day. The effective federal funds rate held at 3.88% for the same session, unchanged from the previous day.
TREE NEWS reports: Strive reported a $474.8 million profit for the third quarter, driven by gains on its Bitcoin holdings. The company said its SATA and SATS instruments imply about $287.4 million in annual dividends at November rates and Oct. 30 share counts, a cost excluded from its Bitcoin Yield metric.