TREE NEWS update: Bitwise’s NRR began trading on NYSE Arca on Tuesday, becoming the first US spot NEAR ETF and giving brokerage accounts direct exposure to the AI-focused token plus staking rewards. The launch follows a near-tripling in NEAR’s price since August.
TREE NEWS reports: Among the S&P 500’s 11 sectors, energy closed down 0.89% and information technology fell 0.28%. Telecommunications gained 0.4%, while utilities led the upside with a 1.14% advance.
TREE NEWS reports: US sector ETFs closed mixed on Tuesday, September 29. Banking and regional bank ETFs fell as much as 1.04% and the energy sector ETF dropped 0.9%, while the global tech index ETF gained 0.38%, the internet stock index ETF rose 0.63% and the semiconductor ETF climbed 1.15%.
TREE NEWS reports: The United States Brent Oil Fund closed down 2.62% on Tuesday, September 29, leading losses among major US asset-class ETFs. The 20+ Year Treasury Bond ETF fell 0.5% and the Russell 2000 ETF slipped 0.34%, while the Gold ETF rose 1.32%, the Soybean Fund gained 0.88% and the Nasdaq 100 ETF added 0.22%.
TREE NEWS update: Anthropic disclosed a $42 billion loss last year alongside plans to go public at a $2 trillion valuation. The filing shows revenue rose twelvefold and outlines a $518 billion spending plan, while its risk section warns that the company’s own AI could pose existential risks to humanity.
TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index fell 0.80% on Tuesday, September 29, closing at 3,128.25 points. The index dropped sharply in early Asia-Pacific trading and then oscillated near its lows for most of the session.
TREE NEWS reports: US stocks closed mixed, with the Dow down 0.20%, the Nasdaq up 0.29% and the S&P 500 down 0.10%. Meta (META) rose 3.11% and Apple (AAPL) fell 2.74%. Crypto-linked names were mostly lower: Circle (CRCL) dropped 2.40% and Strategy (MSTR) fell 2.15%, while SPCX gained 2.73% and SKHY added 2.70%.
TREE NEWS reports: The Nasdaq Golden Dragon China Index ended its session down 1.6%, with Chinese ADRs broadly lower. Pony.ai fell 5.9%, while Tencent Music, NIO, 21Vianet, Xiaomi, BYD and Trip.com each dropped at least 3.2%, and Alibaba slipped 1.1%. Solar names bucked the trend: Canadian Solar jumped 11.7%, JinkoSolar rose 4.6% and Daqo New Energy gained 3.8%. The KWEB ETF fell 1.1% and CQQQ lost 0.5%.
TREE NEWS reports: The S&P 500 closed 0.2% lower, with energy down 0.9% and technology off 0.2%, while telecoms gained 0.5%. The Nasdaq 100 finished 0.2% higher, led by Lumentum up 5.4% and gains of at least 3.4% in Applied Materials, DoorDash, KLA, Marvell, Arm and ASML’s ADR, with Meta up 3%. Apple fell 2.6% and Strategy dropped 2.1%.
TREE NEWS reports: Gold Fields Ltd. is considering raising the cash component of its takeover offer for Northern Star Resources Ltd. after its initial approach was rejected. The revised bid could help clear a key obstacle in the original proposal and unlock up to $5 billion in synergies at the combined company.
TREE NEWS reports: The Hang Seng Index’s main night session closed down 0.35% at 24,364 points. The Hang Seng Tech Index night session closed down 0.47% at 4,225 points.
TREE NEWS update: Apple is set to roll out Apple Pay in India, the company’s payments service will enter a market long dominated by domestic rivals. The launch brings Apple’s tap-to-pay and in-app payment offering to Indian users. No timing or partner details were disclosed.
TREE NEWS reports: MongoDB shares quickly reversed into positive territory and were up 4% in the latest move. The database software company’s stock swung from earlier weakness to a 4% gain, with no further details disclosed in the material.
TREE NEWS reports: Barclays Capital’s head of US rates research, Anshul Pradhan, wrote that the 30-year US Treasury yield has room to rise to 6%, because this month’s bond selloff has not priced in the risk of persistently faster productivity growth. The market still assumes the currently elevated neutral rate will prove cyclical rather than structural, he said. A key challenge to that view is rising economic productivity, with US tech giants expected to spend as much on AI infrastructure this year as in the past three years combined.
TREE NEWS reports: Bitcoin ETFs extended their inflow streak to eight straight days on Monday, adding $2.95 billion over the past 30 days. The rebound follows a sell-off tied to the Clarity Act. The funds have now posted consecutive daily net inflows for more than a week.
TREE NEWS reports: Unity Software shares extended their decline to 3% on the day, with the drop widening during the session. The software company, whose engine underpins a large share of game and real-time 3D content development, saw no specific catalyst cited for the move in the available material.
TREE NEWS update: OpenAI held an investor day where it launched Dots, an always-on AI agent, and introduced a new $500 paid subscription tier. The event coincided with Meta shares extending gains to 1.8%, marking a fresh intraday high for the stock.
TREE NEWS reports: Uphold released research showing 75% of American banks have blockchain finance programs underway, with 22% of projects live or scaling and another 53% piloting or assessing specific use cases. The findings point to rapid adoption of blockchain by US banks seeking faster, cheaper and better financial services.
TREE NEWS update: Bitwise’s spot NEAR ETF began trading on NYSE Arca, the first such US product for the token. The launch comes as NEAR has rallied more than 160% over the past month, with activity on NEAR Intents also growing.
TREE NEWS reports: Banks led by Citigroup drew about $11.5 billion in investor orders for a roughly $7.5 billion loan backing Paramount Skydance Corp.’s acquisition of Warner Bros. Discovery Inc. More than $10 billion was ordered for the $6.5 billion dollar tranche, while the €1 billion-equivalent portion attracted about €1.35 billion of demand. Lenders are also weighing moving up a deadline originally set for Wednesday, and banks have drawn about $15.6 billion of orders for Paramount’s junk bonds.
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