Flash News

TREE NEWS reports: China’s broad-based ETFs saw trading volume surge on September 11, with weekly net inflows into equity ETFs exceeding 10 billion yuan from September 4 to September 10, led by broad-based funds. Li Jin, a fund manager at Rongtong Fund, said that overall market valuations remain at relatively low levels even after the recent correction, noting the resilience of Chinese companies’ overseas expansion and expressing cautious optimism about the outlook.

TREE NEWS reports: EU antitrust regulators have opened an in-depth review of Broadcom’s overhaul of VMware software licensing, following its $61 billion acquisition of the company. Questionnaires dated July show the Commission has asked European cloud service providers about VMware’s importance, the availability of alternatives and allegedly unfair restrictions in new certification arrangements. The scrutiny comes ahead of a March 31 deadline after which cloud providers may lose the right to sell VMware subscriptions under Broadcom’s new partner program.

TREE NEWS reports: Nvidia is in talks to invest up to $10 billion in Anthropic PBC’s US IPO, with Anthropic seeking to raise as much as $100 billion at a valuation of roughly $2 trillion. The reported discussions would tie the AI chipmaker to one of the largest listings ever attempted, as the Claude developer moves toward a public offering.

TREE NEWS reports: The Magnificent 7 index of US tech megacaps rose 1.03% on Friday, September 11, closing at 228.01 points, but fell 0.26% over the week. The broader mega-cap tech index gained 1.07% to 454.47 points and was up 0.95% for the week.

TREE NEWS update: A federal magistrate judge ordered Paramount Skydance Corp. and a group of state attorneys general challenging its $110 billion acquisition of Warner Bros. Discovery to set a late-October meeting date to negotiate a possible settlement of their lawsuit. WGA West will also take part in the talks, to be held before U.S. Magistrate Judge Thomas Hixson in San Francisco. A spokesman for California Attorney General Rob Bonta said the court-ordered session only means the judge asked the parties to meet and does not indicate a settlement is in progress.

TREE NEWS update: A federal magistrate judge has ordered Paramount Skydance and a group of state attorneys general challenging its $110 billion acquisition of Warner Bros. Discovery to set a meeting date in late October to negotiate a possible settlement of the lawsuit. WGA West will also take part in the talks, held before San Francisco federal Magistrate Judge Thomas Hixson. A spokesperson for California Attorney General Rob Bonta said the court-ordered meeting merely means the judge asked the parties to meet and does not indicate that a settlement is in progress.

TREE NEWS update: Stellantis NV has signed a memorandum of understanding with Canadian armored-vehicle maker Roshel Inc. outlining steps to sell an idle car factory near Toronto. Roshel is bidding for a Canadian military contract to build light utility vehicles and has told the government it could quickly restart the facility if it wins. The MoU is described as the first step in a “very complex” process.

TREE NEWS update: Oracle said total estimated restructuring costs tied to its 2026 restructuring plan could reach up to $2.1 billion through August 31. The figure covers the company’s planned reorganization charges over the period. No further breakdown of the cost components was provided.

TREE NEWS update: CrowdStrike filed with the U.S. Securities and Exchange Commission for the sale of up to 2.12 million Class A common shares by selling stockholders. The registration covers the resale of existing shares on behalf of the selling holders. No pricing or timetable for the offering was disclosed in the filing.

TREE NEWS reports: US equity futures closed higher on Friday, September 11, in New York. S&P 500 futures finished up 0.86%, Dow futures rose 0.96% and Nasdaq 100 futures gained 0.92%. Russell 2000 futures added 0.43%.

TREE NEWS reports: JPMorgan has suspended lending tied to Situation Awareness after suffering losses on the business, the Financial Times reported. The US bank halted the activity following the losses, without further detail on the size of the exposure or when the suspension took effect. JPMorgan has not publicly commented on the report.

TREE NEWS update: Strive’s SATA digital credit preferred security has raised enough capital this week to purchase 578 bitcoin, the company said. The instrument has now traded at par for 16 consecutive trading days, the longest such streak of any comparable product.

TREE NEWS update: Corning has reached an equity distribution agreement worth up to $2 billion, the company said. Shares of Corning (GLW) fell 3% in after-hours US trading following the announcement. No further terms of the agreement were disclosed.

TREE NEWS reports: Emerging-market ETFs rose 1.25% on Friday, September 11, leading US asset-class ETF gains, while the Dow ETF added 0.97% and the Nasdaq 100 ETF 0.87%. The US Brent crude oil fund fell 2.79% and the soybeans fund 2.27%. Year to date, the Brent oil fund is up 116.70% and the emerging-market ETF 24.64%.

TREE NEWS reports: Wall Street banks including Goldman Sachs and Bank of America are competing to manage the wealth Anthropic PBC employees are expected to amass after the AI company’s IPO. Anthropic has asked firms to submit wealth-management proposals detailing fees, services and other operational specifics. Experts say it is “very reasonable” to expect the listing to create a new wave of millionaires.

TREE NEWS reports: Telecom was the best-performing of the S&P 500’s 11 sectors, closing up 1.35%, while consumer discretionary, information technology and industrials each rose at least 1.07%. Energy added 0.34%, the smallest gain, while healthcare slipped 0.14% and utilities fell 0.34%.

TREE NEWS reports: US sector ETFs closed broadly higher on Friday, September 11, with the semiconductor ETF up 1.47%. Technology, global tech, internet, global airline and industrial index ETFs each gained at least 1.06%, while the energy ETF rose 0.31%. The healthcare ETF fell 0.18% and the utilities ETF slipped 0.33%. Year to date, the semiconductor ETF is up 57.87% and the energy ETF 47.68%.

TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index fell 1.21% on Friday, September 11, closing at 3319.82 points. The index lost 2.90% over the week, after holding roughly flat around 3420 on September 8-9 to form the week’s top, then declining steadily on September 10-11.

TREE NEWS reports: Dell Technologies and Hewlett Packard Enterprise (HPE) both closed at record highs. The two enterprise hardware makers set all-time closing peaks in the same session.

TREE NEWS update: “Big Short” investor Michael Burry said he sold his position in Flutter Entertainment at the price he originally paid to enter it. He disclosed the exit without giving a share count, transaction value or the date of the sale. Flutter Entertainment is listed in New York.