Flash News

TREE NEWS reports: The Nasdaq Golden Dragon China Index closed up about 0.4% on Friday but fell 4% over the week. Among Chinese ADRs, NIO rose 2.8%, New Oriental added 2.2%, Xiaomi gained 1.8%, Tencent climbed 1.4%, Baidu rose 1%, Alibaba edged up 0.6%, Pinduoduo slipped 0.1% and ASE Technology dropped 1%. The KWEB ETF rose 0.7% and CQQQ gained 0.6%.

TREE NEWS reports: The S&P 500 fell 0.4% for the week, the Dow Jones Industrial Average dropped 1.5% and the Nasdaq Composite lost 0.5%. The Philadelphia Semiconductor Index gained 0.6% while a memory-chip index slid 1.2% and the Magnificent Seven tech group eased 0.1%. On Friday, the day US CPI inflation data was released, the S&P 500 closed up 0.8%, with telecom, tech and industrial sectors each up at least about 1%.

TREE NEWS update: The S&P 500 fell 0.4% for the week, the Dow Jones Industrial Average dropped 1.5%, and the Nasdaq Composite declined 0.5%. The Philadelphia Semiconductor Index rose 0.6%, while the memory chip index fell 1.2%, and the Magnificent Seven tech group slipped 0.1%. On Friday, when the U.S. CPI inflation data was released, the S&P 500 closed up 0.8%, with the communication services, technology, and industrials sectors each gaining at least about 1%.

TREE NEWS reports: The Hang Seng Index closed its main night session down 0.02% at 24,793 points. The Hang Seng Tech Index night session closed 0.23% lower at 4,312 points.

TREE NEWS reports: Robinhood’s crypto trading volume rose 61% in August, signaling a rebound in digital-asset trading activity. The company’s fastest-growing business is no longer traditional trading, the data shows.

TREE NEWS reports: Situational Awareness has begun building relationships with new prime brokers, most recently starting work with specialist brokerage Clear Street, people familiar with the matter said. The firm is rebuilding large trading positions in technology stocks including AMD, Intel, SK Hynix and SanDisk, as well as AI startups such as CoreWeave.

TREE NEWS reports: Grayscale’s GLNK ETF address (0xe33…0aA) received 203,810 LINK worth $2.38 million from Coinbase Prime minutes earlier. Over the past 18 days the ETF has accumulated 1.05 million LINK, valued at $12.12 million.

TREE NEWS update: Bitwise will close its Dogecoin ETF before the fund’s first anniversary, with BWOW halting trading on October 14 and cash payments to remaining shareholders expected October 22. The asset manager did not give a reason for the shutdown in the notice.

TREE NEWS reports: Tesla shares fell 8.9% in the three months after SpaceX (SPCX.O) began trading on June 11, while the S&P 500 rose 2.7%. SpaceX stock is up 9.8% from its $135 IPO price, siphoning investor attention from the EV maker that had been the only public-market way to bet on Elon Musk. Tesla’s weak results and product launches also weighed.

TREE NEWS update: Apple will begin taking pre-orders for the iPhone 18 Pro and iPhone 18 Pro Max from 5am Pacific Time on September 12, the company said. Orders can be placed on Apple’s website and through the Apple Store app. No pricing, shipping date or regional rollout details were given.

TREE NEWS update: Metaplanet reversed course on its executive stock options, cutting the potential shares by 41% and scrapping a planned employee warrant program. The move comes as the company’s shares fell about 17% over two trading sessions this week. The Tokyo-listed bitcoin holder did not give further detail on the revised terms.

TREE NEWS reports: The MSCI Nordic Countries Index fell 0.1% to close at 396.11 points, with healthcare the weakest of the ten sectors. Coloplast A/S dropped 3.9%, the worst performance among Nordic individual stocks.

TREE NEWS reports: Germany’s DAX 30 index closed provisionally up 0.68% at 25,532.81 on Friday, but fell roughly 2% over the week. France’s benchmark rose 0.67% and Italy’s gained 1.10%, with Italian bank stocks up 1.55%. The UK’s index added 0.26%.

TREE NEWS update: Germany’s DAX 30 index ended Friday’s trading up 0.68% at 25,532.81 on a preliminary basis, but fell about 2% for the week. France’s benchmark stock index rose 0.67%, Italy gained 1.10%, and Italian bank stocks rose 1.55%. The UK index rose 0.26%.

TREE NEWS reports: GTCR is in talks to acquire software developer SPS Commerce, people familiar with the matter said. No deal terms or timing were disclosed. SPS Commerce provides cloud-based supply chain management software.

TREE NEWS update: The Beijing Stock Exchange imposed three-month trading restrictions on three investors for privately acquiring new shares during IPO subscriptions and agreeing to split the resulting gains. The investors struck off-market arrangements in the subscription phase, paying fixed fees or agreeing to profit-sharing to lock in returns and shift risk ahead of the listing. The exchange said the conduct bypassed public trading channels and disrupted new-share issuance order.

TREE NEWS reports: Oracle shares turned negative after climbing as much as 8.5% earlier in the session. The stock gave up its advance and slipped into the red, capping a volatile trading day for the enterprise software and cloud company.

TREE NEWS reports: AI-focused hedge fund Situational Awareness has resumed buying options, paying hundreds of millions of dollars in premiums, CNBC’s David Faber said, citing unnamed sources. The positions include names common in Leopold Aschenbrenner’s prior portfolio such as SK Hynix, SanDisk, Advanced Micro, Bloom Energy and CoreWeave. It remains unclear whether Aschenbrenner raised new capital for the public-market investments.

TREE NEWS reports: Dell Technologies shares extended their advance to 10% on the day. The move marks a sharp intraday rise for the hardware maker, with the gain widening as trading progressed. No further details on the driver of the move were immediately available.

TREE NEWS reports: Leopold Aschenbrenner’s Situational Awareness has resumed buying options, paying several hundred million dollars in premiums in late last week and early this week, CNBC’s David Faber said, citing unnamed sources. The positions include names familiar to his prior portfolio, such as SK Hynix, SanDisk, Advanced Micro, Bloom Energy and CoreWeave. It remains unclear whether Aschenbrenner raised new capital for public-market investments.