TREE NEWS update: Muxi Semiconductor said it received a proposal from controlling shareholder and chairman Chen Weiliang on Oct. 28, 2026 to buy back shares worth RMB 100 million to RMB 200 million using its own or self-raised funds via centralized bidding. The buyback price would not exceed 150% of the 30-trading-day average before the board resolution, with shares intended for employee equity incentives, an employee shareholding plan, or registered capital reduction. The plan still requires approval.
TREE NEWS update: Eastern Air Logistics said it received a case-filing notice and a detention notice from a supervisory commission regarding Vice General Manager Xu Chen, who has been placed under investigation and detained. The company said its directors and other senior executives are performing their duties normally, operations remain normal, and the matter is not expected to materially affect day-to-day production and business.
TREE NEWS update: Stellantis CEO said the automaker is confident it will exceed its 2027 cost-savings target. The statement gives no specific figure for the savings goal or the expected overachievement. Stellantis has not announced a revised timeline or additional detail on the cost program.
TREE NEWS update: Robinhood CEO Vlad Tenev delivered the messaging that Robinhood Chain supporters wanted to hear, and the market responded positively. The remarks came as the company’s crypto business outperformed even as Robinhood missed expectations on other metrics. Robinhood Chain’s performance drew attention amid the broader crypto rally.
TREE NEWS update: Strategy holds a special shareholder meeting on Oct. 28 to vote on amending the designation certificates for its STRC, STRF, STRK and STRD preferred shares to allow daily dividend record dates. If passed, STRC would pay daily dividends from Nov. 1 at $0.03 or $0.04 per share, totaling $1.00 per share in November, a 12% annualized yield. The proposal needs support from about 17.1% of voting power beyond Michael Saylor’s 32.9% stake.
TREE NEWS reports: Wuliangye had repurchased 21.7534 million shares, or 0.5604% of total share capital, through centralized bidding as of October 28, 2026. The buyback was executed at prices between 70.19 yuan and 85.25 yuan per share, with a total of 1.601 billion yuan paid excluding transaction fees.
TREE NEWS update: Poly Developments reported third-quarter 2026 revenue of 52.096 billion yuan, down 8.39% year on year, while net profit attributable to shareholders reached 374 million yuan, reversing a 533 million yuan loss a year earlier. Recurring net profit was 280 million yuan, also swinging from a 591 million yuan loss. For the first nine months, revenue fell 10.80% to 154.956 billion yuan and net profit dropped 16.03% to 2.332 billion yuan.
TREE NEWS update: United Microelectronics Corp. reported third-quarter operating profit of NT$18.64 billion, ahead of the NT$18.41 billion market estimate. The Taiwanese chipmaker’s quarterly operating result came in above consensus, with no further figures disclosed in the release.
TREE NEWS reports: Fannie Mae reported third-quarter net income of $7.65 billion, topping the $7.22 billion market estimate. Pre-tax income came in at $5.11 billion versus $4.96 billion expected, while net profit reached $4.18 billion against a $3.94 billion consensus. The mortgage finance giant’s results beat on all three key metrics.
TREE NEWS reports: Wells Fargo lowered its price target on Robinhood (HOOD.O) to $100 from $120 on October 28, while also cutting Boeing’s target to $210 from $250. The bank raised its targets on United Parcel Service to $112 from $110 and Cloudflare to $400 from $380. No rationale for the revisions was given in the note.
TREE NEWS reports: All Chinese public mutual funds disclosed their 2026 third-quarter reports by October 27, revealing the full holdings of actively managed equity funds. Comparing the top-20 heavy holdings at end-June and end-September shows funds kept a core technology focus while making sharp structural adjustments, with Zhongji Innolight ranking first and ChangXin Memory Technologies (CXMT) joining the list.
TREE NEWS update: Yibo Technology’s wholly owned subsidiary Zhuhai Yibo Electronics plans to invest about 1 billion yuan ($138 million) in an AI computing high-end PCB manufacturing project in Zhuhai, the company said in a filing. The project includes about 600 million yuan of fixed-asset investment and 400 million yuan of other investment, with designed capacity of 80,000 square meters per month. Once fully operational, annual output value is expected to exceed 1.5 billion yuan.
TREE NEWS update: GE Vernova has agreed to acquire Trench Group for $9 billion, the company announced. The deal marks a major consolidation in the power equipment sector. Further terms of the transaction were not immediately disclosed.
TREE NEWS update: GE Vernova reported third-quarter revenue of $12.64 billion, topping the $11.99 billion estimate, with earnings per share of $4.81 versus $1.64 a year earlier. Adjusted EBITDA came in at $1.94 billion, above the $1.68 billion expected. The shares rose more than 3% in premarket trading.
TREE NEWS update: Broadcom announced a $63 billion financing arrangement on Oct. 26, with Bank of America, Blackstone, Citigroup and Morgan Stanley participating in an SPV that will buy Broadcom XPU AI accelerators and networking gear and lease them to Anthropic, with deliveries expected from 2027. The next day the Philadelphia Semiconductor Index rose 3.6%, with all 30 components higher; Cerebras gained 10.10%, CoreWeave 7.94% and Broadcom 4.00%. Anthropic’s S-1 disclosed long-term compute commitments estimated at up to $807 billion.
TREE NEWS update: Biogen reported third-quarter adjusted earnings per share of $2.62, down 45% from a year earlier but above the $2.06 market estimate. Revenue rose 11% to $2.80 billion, topping the $2.64 billion consensus, while adjusted net income fell 45% to $391.4 million, still ahead of the $300 million expected. The company guided full-year adjusted EPS to $12.20-$13.00, versus its prior $12.00-$13.00 range and the $12.38 consensus.
TREE NEWS reports: New Oriental’s US-listed shares fell nearly 12% in premarket trading. The material did not specify a reason for the drop or a price level. The move is a premarket decline ahead of the regular session.
TREE NEWS update: Arcvideo Tech reported a net loss attributable to shareholders of 65.34 million yuan for the first three quarters of 2026, widening from a 21.64 million yuan loss a year earlier, the company said in a filing. Revenue rose 2.75% year on year to 215 million yuan. The company attributed the wider loss to a low prior-year base caused by a 20.13 million yuan reversal of share-based payment expenses, and to higher spending on new businesses including embodied AI robots, as well as an increase in headcount and salary costs.
TREE NEWS update: Hang Seng Indexes said it will add Anthropic, PBC (ticker ANT.O) to the designated US-listed constituent list of the Hang Seng Port-US Tech Index, subject to Anthropic confirming a listing. The nine existing US-listed constituents will be reweighted to equal weight after the close of Anthropic’s seventh trading day, with the new constituent and weights effective on the eleventh trading day. The index will also update its stock-selection scope, constituent selection method, fast-entry mechanism and temporary-removal replacement rules, and add a liquidity requirement, effective from the September 30, 2026 index review, with constituent changes taking effect December 14. The index name and code remain unchanged.
TREE NEWS update: Hang Seng Indexes Company said Anthropic will be added to the Hang Seng Hong Kong-US Tech Index. The index compiler disclosed the inclusion without giving an effective date or further details on weightings. Anthropic is an AI developer, and the index tracks technology companies listed in Hong Kong and the US.