Flash News

TREE NEWS reports: US optical communications stocks opened lower, with Lumentum dropping more than 3%. Coherent and Corning each fell more than 2%, while Marvell Technology slipped more than 1% in early trading.

TREE NEWS reports: Copper mining shares slid in early US trading as the US reportedly has yet to decide on tariffs. Ero Copper dropped about 8%, Freeport fell 7.7%, Lundin Mining’s ADR lost 7.6%, Southern Copper declined 6.7%, the copper miners ETF fell 6.5% and the US Copper Index ETF lost 4.2%.

TREE NEWS update: Citadel Securities has asked the SEC to assert oversight over event contracts tied to public companies, pushing back on the CFTC’s self-certification process for such products. The firm argues that contracts referencing equity prices should fall under securities regulation rather than being listed through the CFTC’s self-certification route.

TREE NEWS reports: US August PPI came in above expectations, sending US stocks lower at the open. The Dow fell 0.2% and the S&P 500 dropped 0.6%, while the Nasdaq lost 1%. The Philadelphia Semiconductor Index fell more than 2%, with memory chip names broadly lower: SK Hynix down about 4%, SanDisk about 3%, Micron about 4%, Western Digital about 4% and Seagate about 3%. Optical communications stocks also declined, including Marvell, Coherent, Credo, Lumentum and Corning.

TREE NEWS reports: The S&P 500 opened 41.62 points lower, down 0.55% at 7,594.74, as US equities slipped at the open. The Dow Jones Industrial Average fell 88.81 points, or 0.17%, to 52,291.85, while the Nasdaq Composite dropped 232.29 points, or 0.88%, to 26,021.05.

TREE NEWS update: Geely’s Galaxy TT went on sale on September 10 in five variants, with launch prices of 129,900 to 185,900 yuan, targeting the 130,000-190,000 yuan pure-electric sedan segment. All versions come standard with an 800V high-voltage platform, CATL Shenxing TT batteries, lidar and a front all-aluminium double-wishbone suspension; the entry model offers 640 km of range and 6C fast charging.

TREE NEWS reports: Samsung Electronics said the share of iOS users switching to its latest Galaxy Z Fold8 series, launched in July, is 1.6 times that of the previous Galaxy Z Fold7 and Flip7 generation. The company is courting iPhone owners as consumer interest in foldables revives and Apple enters the category. Samsung launched its first Galaxy Fold in 2019, creating the foldable phone segment.

TREE NEWS reports: Nasdaq 100 index futures dropped 0.7% while S&P 500 futures slipped 0.2%, pointing to a weaker open for US equities. The move reflects pre-market pressure on large-cap technology stocks ahead of the cash session. No further details were immediately available.

TREE NEWS reports: More than 60 A-share listed companies have been placed under investigation in China so far this year, as of September 10, excluding delisted firms and repeat targets. Information disclosure violations account for the largest share of cases. Beijing Zhijin Law Firm director Liu Lei attributed the wave to both hidden fraud tactics and weak corporate internal controls, alongside unclear standards for director and officer diligence.

TREE NEWS update: Apple unveiled its new-generation iPhone at its September 10 fall event, but Huaqiangbei wholesale stalls in Shenzhen have no new iPhone or AirPods units in stock despite heavy foot traffic. Multiple merchants said the 18 Pro series and accompanying earphones go on official sale September 18, with wholesale channels able to collect units from September 19 at the earliest. Limited first-batch supply, storage versions and colors may push some popular models above list price.

TREE NEWS update: Nasdaq has invested $100 million in Payward, the parent company of crypto exchange Kraken, at a $21 billion valuation. The deal values Payward well above the $13.3 billion implied by Deutsche Börse’s stake in April, five months earlier.

TREE NEWS update: Yuanwanggu announced it has signed an equity investment intent letter with Shenzhen Guangtai Communication Equipment Co. and its shareholders to acquire 100% of Guangtai Communication. The target company supplies automated coupling equipment and test instruments for optical communication components and modules, along with automated testing solutions. No financial terms were disclosed.

TREE NEWS update: Zhenrong Technology said revenue from its foldable-display and AI liquid-cooling precision structural components businesses each accounted for no more than 1% of its first-half 2026 operating revenue, after its shares fell more than 20% cumulatively over three consecutive trading days on September 8, 9 and 10, 2026. The company said its fundamentals and main business had not materially changed. Its shares closed at 14.99 yuan on September 10, against an industry trailing price-to-earnings ratio of 46.47 times.

TREE NEWS reports: Macy’s reported second-quarter net sales of $4.87 billion, up 1.1% year over year, with adjusted earnings per share of 63 cents against expectations of 36 cents. Same-store sales rose 2.7% versus an expected 0.86%. The retailer lifted full-year guidance to adjusted EPS of $2.15-$2.35 and net sales of $21.68-$21.83 billion, but its shares fell more than 4% in premarket trading.

TREE NEWS update: Nasdaq has invested in Payward, the parent company of crypto exchange Kraken, at a valuation of $21 billion. The deal marks a major US exchange operator taking a stake in one of the largest crypto trading venues. Terms and the size of the investment were not disclosed.

TREE NEWS reports: PT Amman Mineral Internasional, one of Indonesia’s largest copper and gold producers, has selected banks to arrange a Hong Kong listing that could raise at least $1 billion, people familiar with the matter said. The Jakarta-listed company is working with CITIC Securities and Morgan Stanley, with the share sale potentially launching as early as next year.

TREE NEWS reports: Bitcoin ETFs recorded $167 million in net outflows on Wednesday, ending their strongest three-week inflow streak of 2026. ARKB led the withdrawals, while Ether and Solana funds returned to net inflows the same day.

TREE NEWS reports: Xingyu Auto Parts’ 2024 annual report lists total outsourced labor payments at 2,435,263,884.9 thousand yuan, or about 2.44 trillion yuan, against full-year revenue of 13.25 billion yuan — roughly 184 times its annual revenue. The figure corresponds to 8.6382 million outsourced work hours. The disclosure follows a company apology issued a day earlier over a separate error.

TREE NEWS reports: Stock derivatives trading on major crypto exchanges reached about $1.75 trillion cumulatively from January to August 25, 2026, up from roughly $11.6 billion in January to over $600 billion in August, RootData data show. Binance led with $853.58 billion, or 61.3% of volume, followed by Bitget at $270.85 billion (19.5%), OKX at $234.39 billion (16.8%) and Bybit at $33.41 billion (2.4%). Stock derivatives accounted for more than 80% of the TradFi segment in July and August.

TREE NEWS reports: Tangrenshen Group sold 492,300 hogs in August 2026, up 21.22% from 406,100 head a year earlier and 22.38% higher month on month, the Chinese livestock company said in a filing. The figure comprised 270,300 commercial hogs and 221,900 piglets. Sales revenue totaled RMB 410 million, down 39.92% year on year but up 31.69% from July. Cumulative 2026 sales reached 3.6165 million head for RMB 3.568 billion in revenue.