Flash News

TREE NEWS reports: The MSCI Emerging Markets stock index fell 0.9%, while the gauge tracking developing-nation currencies was roughly unchanged. The divergence left emerging-market equities weaker on the day as foreign-exchange markets held steady.

TREE NEWS update: ZetaChain will switch off its blockchain on Dec. 9 and move its ZETA token to Solana, after a follow-up governance vote setting the shutdown date and claim rules cleared quorum with nearly all votes in favor. Holders approved the wind-down in September. Wrapped or liquid-staked ZETA must be withdrawn before the snapshot.

TREE NEWS reports: Hyperliquid Strategies reported a $620.6 million profit, driven by paper gains on its HYPE token holdings, even as HYPE traded about 14% below the price used to value the company’s quarter-end token position. The gap highlights how mark-to-market token valuations can diverge from prevailing market prices.

TREE NEWS update: Cloudflare (NET) reported third-quarter revenue of $783 million, up 39% year over year, with non-GAAP operating income of $137 million and non-GAAP earnings per share of $0.38 versus $0.27 a year earlier. The company guided fourth-quarter revenue to $845 million-$846 million and full-year revenue to $2.963 billion-$2.964 billion, with full-year non-GAAP operating income of $462 million-$463 million. Cloudflare raised its full-year profit outlook, citing AI-driven networking demand.

TREE NEWS update: Quantum computing company IonQ (IONQ) reported third-quarter revenue of $174 million, up 336% year over year and a record high. Net income attributable to the company was $564 million, driven by non-cash items including changes in the fair value of warrants, while adjusted EBITDA showed a $134 million loss. IonQ raised its full-year revenue guidance to $505 million-$515 million and said remaining performance obligations more than doubled to $1.2 billion.

TREE NEWS reports: Nasdaq-listed HYPE treasury company Hyperliquid Strategies (PURR) reported a net profit of $621 million for the quarter ended September 30, 2026, driven mainly by $803 million in unrealized gains on the HYPE token, alongside a $172 million income tax provision. Staking revenue and validator commissions brought in $12.3 million, interest income $1 million, and total revenue of $13.3 million beat analyst estimates of $10.6 million to $12 million. The company added 9.1 million HYPE for $785 million during the quarter, holding 38.9 million tokens at an average cost of $56.35 as of October 28, with $245 million in cash and equivalents and no debt.

TREE NEWS update: Former FBI agent Patrick Steven Yaroch pleaded guilty to stealing $2.47 million in cryptocurrency, prosecutors said. Yaroch used credentials tied to 35 FBI investigations, compromising cases and intelligence sources and methods.

TREE NEWS update: The Bank of Canada has removed references to climate change from its framework, the central bank’s policy document. The change was made to the framework without further details provided. The Bank of Canada has not commented on the reasons for the removal.

TREE NEWS update: Five people were killed when armed assailants opened fire in a home in Manta, Manabi province, on Ecuador’s western coast at around 22:00 local time on 4 October, police said. Residents said the attackers may have posed as police officers and that more than 20 gunshots were heard. Police and armed forces responded to the scene and are searching for the suspects.

TREE NEWS update: South Korea’s finance ministry denied a report that the government and central bank had proposed large-scale purchases of long-term US Treasuries to boost foreign-exchange reserves, saying the account was “not consistent with the facts.” In a statement, the ministry said the asset composition and management of foreign-exchange reserves are confidential matters. The Korea Economic Daily had reported that Seoul and the Bank of Korea recently floated the idea to Washington, which responded positively.

TREE NEWS reports: Goldman Sachs lowered its gold price forecast to $4,150 per ounce for the end of 2026 and $4,800 per ounce for the end of 2027. The revision cuts the bank’s earlier targets for the precious metal. No further details were disclosed in the note.

TREE NEWS update: Republican French Hill secured another term in Congress but will lose his leadership of the House Financial Services Committee when Democrats take control in January. Hill, a crypto ally, will no longer chair the panel that has advanced digital-asset legislation. The change in committee leadership comes as Democrats prepare to take control of the House in January.

TREE NEWS update: OpenAI has promised to cover the electricity and water costs of its AI campuses and to tighten secrecy around them, aiming to defuse local backlash against the facilities. The company’s new compact, however, leaves open the question of who would enforce compliance with those commitments. No enforcement mechanism or independent oversight body was specified.

TREE NEWS update: US President Donald Trump said he would prefer not to destroy the rest of Iran but may be forced to do so, adding that the public will know soon. The remarks, made in comments on Iran, did not specify any action or timeline. No further details were provided.

TREE NEWS update: US President Donald Trump said a major deal will be reached on Russia and Ukraine, adding that resolving the conflict will involve more than Ukraine. Trump made the remarks after meeting Dmitriev on Tuesday. He did not give further details on the talks or the shape of any agreement.

TREE NEWS reports: All 11 S&P 500 sectors closed lower, with information technology falling 7.3%, the steepest decline. Industrials, consumer discretionary, energy and financials dropped as much as 4.12%, while utilities and consumer staples posted the smallest losses, down at least 0.67%. The broad selloff hit every sector of the benchmark index.

TREE NEWS reports: On Thursday, Nov. 5, US sector ETFs sold off across the board, with the semiconductor ETF dropping 11.21%. The global tech index ETF and tech sector ETF each fell at least 8%, the internet stock index ETF lost 4.51% and the energy sector ETF declined 2.98%.

TREE NEWS update: Airbnb reported third-quarter revenue of $4.87 billion, up 19% year over year, its fastest growth in three years and above the highest Bloomberg-compiled estimate. The company raised full-year guidance for the third time, now expecting revenue growth “close to 20%” versus “at least 15%” previously, and an adjusted EBITDA margin of about 36%. It also authorized up to $12 billion in new share buybacks; shares rose 5.8% after hours.

TREE NEWS update: US President Donald Trump said the United States is examining legislation to prohibit transactions involving Russian diesel tankers, without giving a timeline or naming specific vessels. In the same remarks, Trump said any action by Iran must first be approved by the United States. No further details on the scope of the proposed restrictions were provided.