TREE NEWS reports: Bitcoin rose while shares of Nvidia, Intel and AMD fell after AI industry CEOs called for the sector to slow the pace of capability gains. The chip stocks declined on the comments, while bitcoin held up.
TREE NEWS reports: Coinbase (COIN) rose as much as 10.02% intraday on September 15, trading at $191.88. The move marks a sharp single-session gain for the US-listed crypto exchange’s shares.
TREE NEWS reports: Bank of America’s chief executive said consumers’ primary concern right now is their ability to pay, with third-quarter investment banking fees projected at $1.6 billion to $1.8 billion. The bank’s shares extended their decline, hitting a fresh intraday low.
TREE NEWS update: China’s State Administration for Market Regulation unconditionally approved CATL’s acquisition of equity in Chongqing Yaoning New Energy Technology, with the case cleared on September 3, according to the regulator’s list of mergers approved between August 31 and September 6. The undertakings involved are CATL and Zeekr Automobile (Shanghai) Co., Ltd. The deal concerns a battery plant under Geely.
TREE NEWS reports: The Dow Jones Industrial Average turned positive, while the S&P 500 pared its decline to 0.1% after having fallen as much as 0.8% earlier in the session. The intraday recovery marked a sharp narrowing of the index’s losses.
TREE NEWS reports: LPL Financial chief equity strategist Jeff Buchbinder reviewed six Federal Reserve tightening cycles since 1994 and found the S&P 500 typically struggles in the first months after an initial rate hike, though one-year returns are often better. After the Fed’s March 1997 hike, the index gained 42% over the following year, an outlier that lifts the historical average. The outcome hinges on whether the economy slips into recession.
TREE NEWS reports: JPMorgan reiterated its bullish stance on US equities after a broad selloff on Monday that sent the Philadelphia Semiconductor Index down nearly 6%, warning that aggressive shorting is dangerous. Mislav Matejka, the bank’s head of global and European equity strategy, said soaring oil prices weigh on valuations but corporate earnings expansion remains intact. He added that any Middle East de-escalation by Trump or a stronger-than-expected third-quarter earnings season could trigger a sharp squeeze on shorts.
TREE NEWS update: Waymo, Alphabet’s autonomous driving unit, has opened its public robotaxi service in Las Vegas, bringing the number of US cities where it offers driverless ride-hailing to 15. The launch expands the company’s commercial footprint as it scales driverless operations across the country.
TREE NEWS update: Strategy repurchased $139 million of its STRC preferred stock, slowing from last week’s $176 million pace. The Bitcoin treasury firm left its 845,050 BTC holdings unchanged for a second consecutive week.
TREE NEWS update: Strategy repurchased $139 million of its STRC preferred stock, slowing from last week’s $176 million buyback pace. The Bitcoin treasury firm left its 845,050 BTC holdings unchanged for a second consecutive week.
TREE NEWS reports: The MSCI Nordic Countries Index dropped 0.8% to close at 392.72, its lowest finish since July 27. Industrials posted the steepest decline among the index’s ten sectors. Nokia was the worst performer among Nordic stocks, falling 10.1%.
TREE NEWS reports: Germany’s DAX 30 closed down 0.68% at 25,394.65 in preliminary trading, while France’s index fell 0.9% and Italy’s dropped 1.81%, with Italian bank stocks down 1.57%. The UK index bucked the trend, closing up 0.36%.
TREE NEWS reports: Europe’s STOXX 600 closed down 0.53% at 635.72 in preliminary trade, while STOXX 50 fell 1.19% to 6,249.88 and the FTSE Eurofirst 300 dropped 0.52% to 2,540.89. Among index constituents, Var Energi, Equinor and Swedbank each set record highs.
TREE NEWS update: Strive has reached a 25,000 BTC milestone after buying Bitcoin for $36.6 million, a slowdown from the prior week when it purchased 1,375 BTC for about $109 million. The latest purchase lifts the company’s total holdings to the 25,000 BTC mark.
TREE NEWS update: Satsuma, a UK-listed Bitcoin treasury company, sold its remaining 669 BTC between July 24 and July 31 for about £31.91 million and delists on September 14, becoming the first DAT to complete a full liquidation-and-capital-return exit. Shareholders backed the plan with over 90% approval; the High Court approved cancellation of 11,235,874,700 B shares and a £30.72 million return, or £0.002734 per B share, with payouts due September 28.
TREE NEWS update: UK-listed Satsuma sold its remaining 669 BTC for about £31.91 million between July 24 and 31, after shareholders approved returning most of its capital and cancelling its FCA listing on July 20. The High Court approved the return of roughly £30.72 million on September 8, at £0.002734 per B Share, with delisting set for September 14 and payouts expected by September 28. The firm is the first Bitcoin treasury company to complete a full liquidation-to-delisting process.
TREE NEWS update: UK-listed Satsuma is set to delist from the FCA Official List on Sept 14 after selling its remaining 669 BTC for about £31.91 million between July 24 and July 31. Shareholders approved the capital return and cancellation of listing by over 90% on July 20, and the High Court approved the return of roughly £30.72 million on Sept 8, or £0.002734 per B share.
TREE NEWS update: Satsuma, a UK-listed Bitcoin treasury company, will delist on September 14 after shareholders approved a capital return and cancellation of its FCA listing by over 90%. The company sold its remaining 669 BTC for about £31.91 million between July 24 and July 31, and the High Court approved a £30.72 million return of 0.002734 pence per B share. Eligible shareholders are expected to receive payment on September 28.
TREE NEWS update: Michael Dell’s family office and Sequence Holdings have acquired Baldwin Insurance Group Inc. in an all-cash deal valued at $7.7 billion. DFO Management and Sequence will form an entity holding a majority stake in Baldwin, with some Baldwin employees retaining a minority stake. Baldwin investors will receive $32.50 per share in cash, a premium, with the transaction expected to close in the first quarter of 2027.
TREE NEWS update: DeFi Development Corp has expanded its Solana treasury to 2.39 million SOL and established a $300 million at-the-market offering for its CHAD perpetual preferred stock. The ATM gives the Solana treasury company a new channel to raise capital tied to its preferred equity. No pricing or timing for sales under the program was disclosed.
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