Flash News

TREE NEWS update: Disney is continuing to cut staff, extending a fresh round of layoffs at the entertainment giant. The company has not disclosed how many employees are affected or which divisions are impacted by the latest reductions. The move follows earlier workforce cuts as Disney presses ahead with cost-cutting across its businesses.

TREE NEWS update: Robinhood CEO Vlad Tenev said the U.S. Securities and Exchange Commission issued a no-action letter to Tesla on September 30, clearing the way for a shareholder voting program aimed at retail investors. Tenev said shareholders should find it easier to vote when millions of people own stock in a public company. Robinhood already uses in-app messaging, retail voting programs and earnings Q&As to connect companies directly with shareholders.

TREE NEWS update: European ETF issuer HANetf has launched the Arrow Bitcoin EUR Hedged ETC (ticker: EBTC), billed as the world’s first euro-hedged bitcoin exchange-traded commodity. HSBC provides the currency hedging, which aims to give euro investors bitcoin exposure while reducing risk from euro-dollar exchange-rate swings. The product was announced on September 29.

TREE NEWS reports: Germany’s DAX 30 index provisionally closed up 0.12% at 25,405.74. France’s index provisionally fell 0.41%, while Italy’s index gained 0.08% and its bank index slipped 0.19%. The UK index provisionally closed down 0.38%.

TREE NEWS reports: Europe’s STOXX 600 index closed provisionally down 0.02% at 638.57 points. The euro-zone STOXX 50 index finished up 0.44% at 6,328.77, while the FTSE Eurofirst 300 gained 0.03% to 2,551.31.

TREE NEWS reports: The Nasdaq 100 reversed into negative territory. The index had been trading higher before the turn, with no specific catalyst cited for the move. No further figures were immediately available.

TREE NEWS reports: Apple CEO John Ternus, weeks into the job, is restructuring the iPhone maker to speed product development, broaden its device lineup and build a leaner, more engineering-focused company. Early proposals include reducing reliance on the traditional spring-and-fall launch cadence and cutting some middle-management roles to shorten the chain between engineers and senior leaders. Ternus has said Apple must ship products faster and experiment more aggressively in the AI era.

TREE NEWS update: Prosus repurchased 2,119,814 of its own shares between September 21 and 25 at an average price of EUR 36.4717, for a total of EUR 77.3 million (about USD 88.4 million). Over the same period, Naspers bought back 965,000 shares at an average price of ZAR 720.6138, totaling nearly ZAR 695.4 million (more than USD 42.6 million).

TREE NEWS reports: The Nasdaq Golden Dragon China Index extended its decline to 2%, with Chinese ADRs broadly lower. NIO and Li Auto each fell 4.8%, XPeng dropped 4.1%, and BYD, Xiaomi and New Oriental ADRs lost more than 3%. Meituan and Tencent ADRs fell over 2%, Pinduoduo slipped 1.4%, Alibaba 0.3% and Baidu 0.2%, while NetEase eked out a 0.3% gain.

TREE NEWS reports: Oracle shares climbed 5% to set a new intraday high. The move extends the software and cloud-computing company’s recent rally, though no specific catalyst was cited in the material.

TREE NEWS update: Paramount is set to raise about $32 billion through an eight-tranche first-lien dollar bond sale, expected to price on Wednesday, in one of the largest deals of its kind. Long-end Treasury yields stayed under pressure, with the 30-year yield touching 5.59%, its highest since 2004, before easing nearly 3 basis points. The 5s30s and 2s10s spreads widened 1.2 and 1.5 basis points, near their widest levels of the day.

TREE NEWS update: Anthropic confirmed on June 1 it confidentially submitted a draft S-1 registration to the U.S. SEC, disclosing 2025 revenue of about $4.6 billion, roughly 12 times its 2024 figure, and an operating loss above $8 billion. Compute and infrastructure spending reached $7.33 billion, exceeding full-year revenue, while future cloud, compute and infrastructure payment obligations total about $518 billion. Two customers accounted for nearly a quarter of 2025 revenue; the company said some large clients are not bound by long-term contracts.

TREE NEWS reports: The three major US stock indices closed mixed, with the Dow Jones down 0.03%, the Nasdaq up 0.31% and the S&P 500 up 0.16%. Memory chip stocks rose as a group, with Micron Technology and Western Digital each gaining 2% and SK Hynix up 1.7%. Summit Therapeutics jumped nearly 20% after AstraZeneca took a $2 billion stake in the company, backing Akeso’s ivonescimab.

TREE NEWS reports: The S&P 500 opened 15.91 points higher, up 0.21% at 7,699.60. The Nasdaq Composite opened up 88.38 points, a 0.33% gain, at 26,908.76. The Dow Jones Industrial Average opened 64.55 points lower, down 0.13% at 51,416.96.

TREE NEWS reports: Carnival Corp Ltd reported third-quarter revenue of $8.44 billion, topping the $8.38 billion market estimate. Adjusted net income came in at $1.96 billion, down 1% year over year, while adjusted earnings per share reached $1.43 against an expected $1.35.

TREE NEWS update: Anthropic filed for an IPO, disclosing a $42 billion loss last year as revenue rose 12-fold to $4.6 billion. The filing’s risk section warns the company poses a threat to human survival. Separately, Nvidia and Anthropic’s chief executive are due to attend a Tuesday lunch with Trump to discuss AI risks.

TREE NEWS reports: The S&P CoreLogic Case-Shiller 20-city composite home price index rose 2.47% year over year in July, exceeding the 2.2% consensus estimate and accelerating from a 2.1% gain in the prior reading. The stronger-than-expected print points to firming momentum in US home prices.

TREE NEWS reports: Global actively managed ETF assets reached a record $2.72 trillion as of the end of August 2026, with net inflows of $663.6 billion, both all-time highs. Assets have grown 42.6% year-to-date, underscoring sustained investor demand for the products.

TREE NEWS update: Luchang Technology said controlling shareholder Zoomlion is planning to transfer its stake in the company through an agreement-based transfer and other means, with the counterparty in the new-energy battery industry. The move could result in a change of control. Trading in the company’s shares was suspended from market open on Sept. 30, 2026.

TREE NEWS reports: Wells Fargo now expects the Federal Reserve’s policy rate to reach 4.75%-5.00% by the end of 2027, up from its prior forecast of 4.00%-4.25%. The bank also downgraded S&P 500 information technology to neutral from overweight, upgraded industrials to overweight from neutral, and cut its end-2027 gold target to $5,200-$5,400 an ounce from $5,400-$5,600.