Flash News

TREE NEWS reports: US strikes on Iran’s Larak Island and Iran’s missile retaliation on a US base in Jordan have disrupted the Strait of Hormuz, sending Brent crude above $90.5 and WTI above $85.5. This has reignited inflation fears, raising the implied probability of a Fed rate hike in September to 57%, causing global stock markets to tumble as Treasury yields rise.

TREE NEWS update: SpaceX joined the Nasdaq 100 via a new fast-track rule, but the S&P 500 committee rejected any fast-track, requiring four consecutive quarters of positive GAAP net income. This highlights differing index methodologies and the impact of index inclusions on stock prices.

TREE NEWS reports: MiniMax’s stock price has surged over 92% from its recent low, pushing its total market capitalization to HK$124.956 billion. The sharp rally reflects strong investor interest in the AI company.

TREE NEWS reports: Trading in Korean semiconductor stocks is active on Gate, with SK Hynix and Samsung Electronics ranking second in holdings. The news highlights investor interest in the semiconductor sector amid broader market movements.

TREE NEWS reports: BYD reported a 30% year-on-year increase in second-quarter net profit, marking the first growth in five quarters. The automaker’s improved earnings reflect robust sales and cost management amid intensifying competition in China’s EV market.

TREE NEWS update: Data shows that XRP spot ETFs recorded net inflows of $110 million last week, indicating growing institutional interest in the digital asset. This surge follows the recent approval of XRP ETFs, marking a significant milestone for crypto adoption.

TREE NEWS reports: SemiAnalysis reports that Samsung currently possesses the best HBM4 technology, giving it a competitive edge. SK Hynix and Micron are now facing significant challenges in the high-bandwidth memory market.

TREE NEWS reports: Apple will complete its CEO transition on September 1, with John Ternus replacing Tim Cook. The move marks a significant leadership change for the tech giant, though details on the transition plan have not been fully disclosed.

TREE NEWS update: ASE Technology Holding has reportedly received additional advanced packaging orders from Google’s TPU and Intel, boosting its semiconductor assembly and testing business. This move underscores the growing demand for advanced packaging in AI and high-performance computing.

TREE NEWS reports: Bitcoin spot ETFs saw net outflows, ending a nine-day inflow streak, while Ethereum ETFs continued to attract capital. This divergence highlights shifting investor sentiment between the two major crypto assets.

TREE NEWS reports: Spot Bitcoin ETFs saw $201.9 million in outflows on Aug. 28, ending a nine-day inflow streak. Meanwhile, Ethereum funds continued their 10-day inflow run with fresh capital.

TREE NEWS reports: Strategy’s 840,400 BTC holdings are now worth about $66.4B, with unrealized gains exceeding $2.8B as Bitcoin trades near $79,007. The company, led by Michael Saylor, has not purchased BTC for about two months but recently raised $334M via MSTR stock sales without touching its Bitcoin. Saylor’s Sunday post hints at potential upcoming purchases.

TREE NEWS reports: Strategy’s Bitcoin holdings are now $2.8 billion in profit as BTC rallies to $79,000. Michael Saylor’s ‘We’re Back’ post fuels speculation of renewed buying.

TREE NEWS reports: Michael Saylor’s ‘We’re Back’ post hints that Strategy may resume Bitcoin purchases after a two-month pause to strengthen its balance sheet. The signal suggests a potential return to aggressive BTC accumulation.

TREE NEWS update: Japanese firm Metaplanet transferred $237 million worth of Bitcoin to Coinbase Prime, likely for institutional custody or trading. This move highlights growing corporate Bitcoin adoption in Asia.

TREE NEWS update: Suiyuan Technology, one of China’s ‘Four Little Dragons’ in domestic GPU manufacturing, will begin online subscription for its IPO on the Shanghai Stock Exchange’s STAR Market on September 2. The company’s listing marks a significant milestone for China’s semiconductor industry, highlighting the push for domestic chip development.

TREE NEWS reports: Pre-market trading shows widened spreads for popular stocks, with Robinhood (HOOD) rising 2.62%. This indicates increased volatility and trading activity ahead of the market open.

TREE NEWS update: Fundstrat’s Tom Lee argues Nvidia’s valuation remains attractive despite recent stock weakness, suggesting that some AI stocks’ declines may be due to funds rotating into Nvidia. He believes the market is still bullish on AI infrastructure spending.

TREE NEWS reports: Genius Group plans to resume buying Bitcoin in Q4, aiming for a $827 million BTC treasury by fiscal year 2031. The move underscores growing corporate adoption of Bitcoin as a reserve asset.

TREE NEWS update: Genius Group, an AI-focused education company, announced plans to issue $12.5 million in perpetual preferred stock. The move aims to raise capital for its Bitcoin treasury strategy and AI initiatives.