TREE NEWS update: Robinhood is not backing down from AMC Entertainment over its stock tokens, with lawyers questioning AMC’s grounds for a securities-law challenge. However, they note that the tokens’ branding and marketing could leave room for a dispute. The brokerage appears ready to fight the legal battle.
TREE NEWS reports: WTI crude for October delivery settled at $91.48 per barrel on NYMEX. October natural gas futures closed at $2.9750 per million Btu, while gasoline futures settled at $3.2146 per gallon and heating oil at $4.5402 per gallon.
TREE NEWS reports: Shanghai International Energy Exchange crude oil futures for October 2026 contract closed night trading up 1.11% at 690.70 yuan per barrel. Meanwhile, Shanghai gold futures fell 1.32% and silver futures fell 1.46% in night trading.
TREE NEWS update: Brazilian President Luiz Inácio Lula da Silva said that if the United States does not purchase Brazilian products, he will seek other buyers. His remarks signal a potential shift in trade relations amid ongoing tariff tensions. Lula emphasized Brazil’s ability to diversify its export markets.
TREE NEWS update: US President Donald Trump has commented on a Brazilian meatpacking plant. The remarks were made without further elaboration, and no specific policy or action was detailed. The context of the comments remains unclear.
TREE NEWS update: President Trump announced he will sign an executive order allowing ranchers to process and sell beef directly to consumers, bypassing large meatpackers he accused of monopolizing the industry. He said the administration will simplify health and safety regulations for the meat industry and implement strong safety checks. Trump also said he will sign an order permitting ranchers to protect cattle from Mexican gray wolves.
TREE NEWS reports: The Trump administration is drafting a post-war strategy centered on regional powers to contain Iran and promote Israel’s normalization with neighbors. The plan, in early stages, aims to guide US Middle East policy after an Iran war and through Trump’s final two years. Key constraints include Israel’s October 27 election and November US midterms.
TREE NEWS reports: Speculators raised net long positions in ICE Brent crude oil futures by 37,837 contracts to 261,435 contracts in the week to September 1, marking a 14-week high. Meanwhile, net long Robusta coffee positions fell to a 12-week low, and net short London cocoa positions dropped to a 7-week low.
TREE NEWS update: AI cloud company Nscale is seeking to raise $3.5 billion in funding ahead of a potential initial public offering. The move signals the firm’s ambition to scale its cloud infrastructure for AI workloads. The funding round would likely be one of the largest in the AI cloud sector this year.
TREE NEWS reports: Corporate crypto investments are expanding as rising markets favor direct exposure, shifting focus to balance-sheet strategies and institutional adoption. The trend highlights growing corporate confidence in digital assets amid bullish conditions.
TREE NEWS update: OpenReserve, backed by Andreessen Horowitz (a16z), has received approval to operate as a full-service national bank. Choosing a full national charter over the trust-bank route typical for crypto firms, the startup can now offer insured deposits and conventional lending alongside stablecoin issuance. This approval marks a significant step for crypto-native banking integration.
TREE NEWS reports: On Friday, September 4, the Federal Reserve’s overnight reverse repurchase agreement (RRP) facility saw usage of $675 million, down from $702 million the previous trading day, with two counterparties participating. The decline reflects continued low demand for the Fed’s liquidity absorption tool.
TREE NEWS update: US Energy Secretary Wright said energy is the key driver for improving Venezuela’s situation. He expressed honor in witnessing multiple energy agreements that will replace past conflicts with current and future economic and trade exchanges.
TREE NEWS update: Tesla has moved the launch of its Robotaxi network taxi service to 2:00 pm Central Time, responding to user demand. The service was originally scheduled to go live at 5:00 pm CT. The earlier launch time takes effect today.
TREE NEWS update: QuFi has launched a post-quantum verification platform that uses post-quantum cryptography to verify digital asset transactions without requiring changes to existing blockchain settlement networks. The platform includes a proof on the Bitcoin testnet, demonstrating its capability to secure transactions against future quantum threats.
TREE NEWS update: The National Sheriffs’ Association has shifted to a neutral stance on the CLARITY Act, retracting its earlier opposition over consumer protection concerns. The law enforcement group will now ‘step back and allow the legislative process to proceed,’ potentially easing a hurdle for the bill.
TREE NEWS reports: The total number of active drilling rigs in the US stood at 588 for the week ending Sep 4, unchanged from the previous week. The figure reflects stability in domestic drilling activity amid ongoing market conditions.
TREE NEWS reports: International copper gained 0.24% in night trading, with Shanghai copper up 0.16%. Shanghai aluminum fell 0.23%, zinc rose 0.97%, lead added 0.09%, nickel was flat, and tin dropped 0.2%. Alumina rose 0.44%, aluminum alloy fell 0.21%, and stainless steel gained 0.69%.
TREE NEWS reports: Marco Oviedo, strategist at XP Investimentos, said the US nonfarm payrolls data confirms that CPI is the key data point. If CPI shows core annual inflation declining as expected, a Fed pause in rate hikes would be largely confirmed. Until then, he does not expect major volatility.
TREE NEWS reports: The MSCI emerging markets currency index is set for a tenth consecutive weekly gain, the longest streak since 2007, after rising 0.4% on Friday, bringing the week’s advance to 0.7%. Gains were trimmed after strong US jobs data boosted rate-hike bets and the dollar. Investors now await next week’s US inflation data for clues on Fed policy.
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