Flash News

TREE NEWS reports: Germany’s DAX 30 index closed provisionally 0.66% lower at 25,410.87, while France’s index slipped 0.34% and Italy’s fell 0.21%. Italy’s bank index edged up 0.06% and the UK index closed 0.06% higher.

TREE NEWS update: Nasdaq-listed Silvia (SVIA, formerly ProCap Financial) said it sold 124 BTC and has repurchased about 2.3% of its outstanding common stock since September 15, bringing total buybacks to roughly 14.5% of shares outstanding when the program began. The company said it will keep buying back stock while the share price trades below net asset value. As of the September 22 close, Silvia held about 5,130 BTC, with 82.881 million shares outstanding and NAV per share of about $4.27.

TREE NEWS update: CHOUCHOU&FRIENDS opened its first global flagship store at 558 Nanjing East Road in Huangpu District, Shanghai, spanning 570 square meters. It is described as China’s first multi-celebrity IP immersive fan experience flagship store, combining music, designer toys and culture. The opening marks a key step in Star Legend’s offline retail expansion under its “one city, one store” strategy.

TREE NEWS reports: Lumentum told Stifel at ECOC 2026 that demand for ultra-high-power lasers from NVIDIA’s Spectrum-6 CPO has risen noticeably, with UHP laser demand still exceeding supply. 23 post by X user Serenity. Lumentum also said NPO volumes are larger than CPO and that multi-wavelength external lasers will lift average selling prices. Serenity cited Digitimes reporting that Win Semi is expanding continuous-wave laser capacity, with products rolling out in H2 2026 and potentially contributing significant revenue in 2027 and 2028.

TREE NEWS reports: All three major US stock indices fell in intraday trading on September 23, with the Nasdaq dropping 1.02%, the S&P 500 losing 0.51% and the Dow Jones Industrial Average down 0.12%. The declines were recorded as of the session’s intraday levels.

TREE NEWS reports: The S&P 500 fell 0.5%, while the Nasdaq and Nasdaq 100 extended losses to nearly 1%, with the semiconductor index dropping more than 2%. The declines marked a broad pullback across major US equity benchmarks.

TREE NEWS update: GAC Group and Huawei Qiankun’s jointly developed Qijing GX7 went on sale on September 23, positioned as a large five-seat extended-range SUV. It comes in three versions — Ultra, Ultra dual-motor all-wheel drive and Ultra tri-motor all-wheel drive — with limited-time promotional prices of 229,900 yuan, 249,900 yuan and 291,900 yuan respectively.

TREE NEWS update: Denza launched the Z9S electric coupe on September 23, priced from 255,800 to 325,800 yuan across three trims. The car uses a second-generation blade battery with fast-charging tech and a claimed 1,100 km CLTC range. BYD has built over 10,000 fast-charging stations, with highway sites approaching 2,000. The top performance trim runs three motors, hits 0-100 km/h in 2.68 seconds and offers 10-degree rear-wheel steering.

TREE NEWS reports: US stocks opened lower, with the Dow Jones down 0.18%, the S&P 500 off 0.11% and the Nasdaq down 0.13%. Among major tech names, Meta rose 1.13% while SK Hynix fell 1.57%. IonQ jumped 13%, its biggest intraday gain since July 30.

TREE NEWS reports: The S&P 500 opened 2.70 points lower, down 0.03%, at 7,761.94. The Dow Jones Industrial Average opened 92.28 points lower, down 0.18%, at 51,771.41. The Nasdaq Composite opened 30.76 points lower, down 0.11%, at 27,213.52.

TREE NEWS update: JAC Motors said its shares rose by a cumulative deviation of more than 20% over three consecutive trading days on Sept 21, 22 and 23, 2026, triggering an abnormal trading alert. The company said daily operations have not changed materially and that it and its controlling shareholder have no undisclosed major asset restructuring, share issuance, business reorganization, buyback, equity incentive, bankruptcy reorganization, major business cooperation or strategic investor introduction. No directors, senior managers or controlling shareholder traded the stock during the period.

TREE NEWS update: Supermicro has begun shipping NVIDIA’s Vera Rubin NVL72 racks, the company said. The NVL72 is a rack-scale system built around NVIDIA’s Vera Rubin platform. No shipment volumes, customer names or delivery schedule were disclosed.

TREE NEWS update: Jetour Auto opened pre-sales for its new Traveler 7 and the plug-in hybrid Traveler 7 C-DM on September 23. The gasoline version is priced at 149,900 to 179,900 yuan, while the C-DM plug-in hybrid version is priced at 159,900 to 179,900 yuan. The announcement covers pre-sales pricing only, with no delivery or launch date disclosed.

TREE NEWS update: A Morgan Stanley employee accidentally leaked an internal document listing the bank’s investment banking deals in progress and under review in Asia. The list included companies planning IPOs, private equity and pension funds, and some suspended projects; the file was sent by email and uploaded to Instagram. Morgan Stanley said it treats client confidentiality as a top priority and has taken immediate steps to address the accidental disclosure while staying in contact with relevant parties.

TREE NEWS update: Pinduoduo’s Xiong’an unit has passed 5,000 employees, completing its annual special recruitment plan well ahead of schedule in just over three months, the company said. The milestone reflects the e-commerce group’s rapid build-out of staff at its Xiong’an operation.

TREE NEWS reports: Bank of America said the macroeconomic backdrop remains strong, while warning that third-quarter market performance will not be as strong as the second quarter. The bank has hired 34 to 35 managing directors in its investment banking division this year. No further figures were disclosed.

TREE NEWS reports: Analysts turned net pessimistic on US corporate earnings for the first time in 23 weeks, ending the longest stretch of upward revisions since September 2021. The shift reflects mounting concern that rising inflation and interest rates will erode corporate profits. Morgan Stanley strategist Michael Wilson warned earlier this week that the S&P 500 could fall as much as 7% if equity valuations keep sliding and higher energy prices force tighter monetary policy.

TREE NEWS update: McDonald’s unveiled targets for its “NEXT” plan at its investor day on Wednesday, aiming to lift its operating margin to 50-55% by 2030, supported by roughly 250 basis points of restaurant-level gross margin efficiency gains. The company expects annual baseline capital expenditure of about $3 billion from 2027 to 2030, plus $1.5-2 billion in cumulative capital partnership support. New store growth is forecast to add about 2.5% to systemwide sales in 2027, easing to about 2% by 2030.

TREE NEWS update: Xiaomi launched its 18 Pro series on stage, with partner and group president Lu Weibing saying both models run Qualcomm’s new flagship 2nm GAA platform. Pricing starts at 5,999 yuan. The announcement marks Xiaomi’s first Pro lineup built on a 2nm gate-all-around chip.

TREE NEWS reports: US stock index futures opened lower, with Nasdaq futures down 0.3%, Dow Jones futures down 0.2% and S&P 500 futures down 0.1%. The declines across all three major contracts point to a softer open for Wall Street.