Flash News

TREE NEWS reports: On Tuesday, September 22, most US asset-class ETFs closed lower, with the CBOE Volatility Index long fund falling 3.05% and the United States Brent Oil Fund dropping 1.63%. Agricultural, Dow Jones, US real estate, euro long, soybean, 20+ year Treasury and S&P 50 ETFs each fell as much as 0.45%. The US Dollar Index long was flat, while the Nasdaq 100 ETF gained 0.81% and the Russell 2000 ETF rose 0.57%.

TREE NEWS reports: Most of the S&P 500’s 11 sectors closed lower, with financials down 1.98% and energy and telecom each off 1.01%. Information technology was the standout gainer among decliners’ peers at 0.63%, while materials rose 1.9% and consumer staples added 1.2%.

TREE NEWS reports: US sector ETFs closed mostly higher on Tuesday, September 22, with the semiconductor ETF up 1.92% and the biotech index ETF up 1.76%. The global tech stocks index ETF and the tech sector ETF each gained at least 0.73%. Energy fell 1.09%, the internet stocks index ETF lost 1.15%, banks dropped 1.27% and the financials ETF slid 1.97%.

TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index rose 0.54% on Tuesday, September 22, closing at 3,284.53 points. The index traded in positive territory throughout the session, tracing an N-shaped intraday path.

TREE NEWS reports: KB Home delivered 2,732 homes in its third fiscal quarter, above the 2,723 analysts expected, while revenue came in at $1.3 billion, in line with estimates. The builder kept its full-year delivery guidance at 10,500-11,000 homes, against a 10,751 consensus, and now expects full-year housing revenue of $4.9 billion to $5.1 billion, narrowed from $4.9 billion to $5.3 billion. Fourth-quarter deliveries are guided at 3,000-3,500 homes versus the 3,262 expected.

TREE NEWS reports: Viking Therapeutics Inc. (VKTX) closed up 36%, its strongest single-day performance since February 2024. The move marks the stock’s largest one-day gain in more than a year. No further details were disclosed.

TREE NEWS reports: Coinbase is designing a custody framework that can adapt to whatever post-quantum signing scheme Bitcoin ultimately adopts, the exchange’s head of cryptography. Lindell framed the effort as a $250 billion playbook for protecting bitcoin holdings against future quantum-computing threats. The exchange said the architecture is intended to remain flexible until the Bitcoin network settles on a standard.

TREE NEWS reports: The Nasdaq Golden Dragon China Index ended the session up 0.3%, with Chinese ADRs mixed to higher. Pony AI rose 5.9%, Daqo New Energy gained 2.7%, NetEase added 1.2%, Alibaba climbed 0.5% and Baidu advanced 0.4%. Among ETFs tracking the group, KWEB rose 0.7% and CQQQ added 0.2%.

TREE NEWS reports: The Nasdaq 100 closed at a record high for the first time since June, rising 0.8% on the day. The S&P 500 finished roughly flat, with materials up 2% and tech up 0.6%, while energy fell 0.9% and financials dropped 1.8%. Among index components, MPWR gained 7.4%, SanDisk 7.1% and ALAB 6.1%, while Adobe fell 4.5% and Cisco 4.4%.

TREE NEWS reports: US bank, insurance and online travel stocks fell on Tuesday as investors weighed whether Meta Platforms’ personal AI agents such as Muse could disrupt businesses that rely on consumer inertia. The S&P 500 financials index dropped as much as 2.4% to its lowest since July, with JPMorgan, Morgan Stanley and Wells Fargo each down more than 2.5%, and Allstate and Charles Schwab off over 5%. Expedia fell 3.7% and Booking Holdings 3.9%, while Planet Fitness dropped as much as 11%.

TREE NEWS reports: William Blair said Coinbase (COIN) offers an attractive entry point after a 31% rise, while trimming its EBITDA estimate for the exchange. The firm added that USDC growth is expected to drive Circle’s next leg higher as estimates stabilize.

TREE NEWS reports: US President Donald Trump disclosed 1,156 securities trades executed in his accounts during July, with total transaction value estimated between $79 million and $270 million. The largest trades were Microsoft and Amazon stock sales on July 20, each in the $5 million to $25 million range. The filing shows another month of broad trading across tech, defense, ETFs and bonds.

TREE NEWS reports: Apple is developing a screenless health and fitness tracker worn on the wrist, similar to Whoop Inc.’s device, as part of a push to rethink its smartwatch lineup and add wearable technology. The company has explored the category for months and is now building prototypes, with support from Executive Chairman Tim Cook and services chief Eddy Cue. No decision has been made on whether to release it; the project remains an internal “technology investigation,” and any launch would come no earlier than 2028.

TREE NEWS update: 21shares listed physically backed Zcash (ZEC) and Ether.fi (ETHFI) exchange-traded products on Euronext Paris and Amsterdam, giving Zcash its first European ETP. The listing follows the launch of a US Zcash ETF and comes as issuers widen their offerings beyond major cryptocurrencies.

TREE NEWS reports: Viking Therapeutics Inc. shares climbed after the company reported that its dual-pathway obesity injection helped patients lose weight and maintain that loss even after dosing frequency was reduced, in a small exploratory study. The findings came from an extension cohort of the trial, which was initially designed to identify the most effective dose of the drug. The result is a positive for Viking, whose earlier trials had run into setbacks.

TREE NEWS reports: The MSCI Nordic Countries Index rose 0.4% to 396.75 points, with the Nordic industrials sector posting the largest gain among the ten sectors tracked. Sweden’s Skanska AB climbed 4.5%, leading all Nordic individual stocks. The construction company’s advance outpaced other constituents in the index.

TREE NEWS reports: Germany’s DAX 30 index provisionally closed up 0.18% at 25,620.78. France’s benchmark ended 0.3% higher, while Italy’s index provisionally fell 0.28% and the UK’s index slipped 0.11%. The mixed session left European equities without a single direction.

TREE NEWS update: PayPal shares extended gains to 3.7%, hitting a session high, after the company formed a partnership with Meta that will let shoppers use the latter’s Muse AI agent. The tie-up links PayPal’s payments rails with Meta’s AI-driven shopping assistant. No financial terms of the partnership were disclosed.

TREE NEWS update: Prosus repurchased 2,155,408 of its own shares during the week of September 14-18 at an average price of €35.7748, for a total of €77.1 million (over $88.7 million). Parent company Naspers bought back 813,626 shares over the same period at an average price of 725.9598 South African rand, totaling more than 590.6 million rand (nearly $36.3 million).

TREE NEWS update: Circle sold Binance 1,237,011 shares at $80.84, a 5% discount to the Sept. 17 close, giving the exchange a stake worth about $100 million, an SEC filing shows. The two also renewed an agreement under which Circle keeps paying Binance a monthly fee tied to USDC balances.