TREE NEWS reports: The S&P 500 provisionally closed down 0.6%, with healthcare down 2.5% and financials down 1.4%, while tech and telecom slipped 0.3% each. Energy rose 1.2%. The Nasdaq 100 fell 0.2%, with Amgen down 10.3% and CoreWeave up 11.6%. The Philadelphia Semiconductor Index gained 1.1%.
TREE NEWS reports: Wall Street rate strategists expect the US Treasury to raise the size of its long-dated debt buybacks to as much as $10 billion per operation. Morgan Stanley strategists said that under current cash balance management policy, each of the remaining seven operations this quarter could reach that cap, assuming no additional short-term bill issuance. The Treasury announced in August plans to at least double the scale of its long-term buyback program.
TREE NEWS reports: Broadcom CEO Hock Tan said the company can secure chip supply for 2027 and is currently finalizing supply for 2028. The remarks highlight strong demand for its custom AI accelerators and networking chips. Tan’s comments came during an earnings call, signaling continued tight supply in the AI chip market.
TREE NEWS reports: At least seven firms launched loan repricing pitches on Tuesday, as borrowers return after the summer lull, including Global Medical Response Inc.’s $2.9 billion offering and Heartland Dental LLC’s $2.5 billion deal. Companies are tapping strong investor demand for high-risk financing amid limited new supply due to scarce M&A. Leveraged loan funds saw their largest inflows since January in the week to last Wednesday.
TREE NEWS update: Eight issuers sold $38.2 billion of bonds in the US investment-grade market, marking the third-largest financing volume of 2026. The deal highlights robust demand for high-quality corporate debt amid ongoing market strength.
TREE NEWS reports: Ford Motor (F) shares fell 4.5% on Wednesday, hitting a fresh session low. The decline extends recent weakness in the stock. No specific news was cited for the move.
TREE NEWS reports: The Hang Seng Index main contract fell 0.22% in the overnight session, closing at 25,281 points. Meanwhile, the Hang Seng Tech Index main contract rose 0.29% to 4,467 points.
TREE NEWS update: Strive, the asset manager founded by Vivek Ramaswamy, acquired 1,375 BTC last week for approximately $109 million, marking its third consecutive week of over 5% growth. The purchases push Strive’s preferred stock toward $1 billion in value.
TREE NEWS reports: Intel shares rose over 10% in trading today, marking a significant gain for the chipmaker. The move comes amid broader market optimism and follows recent product announcements. Investors are closely watching Intel’s turnaround efforts under CEO Pat Gelsinger.
TREE NEWS reports: Intel (INTC) shares surged 10.05% intraday on September 9, trading at $105.38. The sharp gain marks a notable move for the chipmaker, though no specific catalyst was cited in the report.
TREE NEWS update: Treasury Secretary Scott Bessent said the expansion of the US Treasury buyback program last month aims to calm ‘frenzied’ sentiment in the bond market and push prices back to equilibrium. He denied the move is equivalent to quantitative easing, likening it more to the Fed’s past ‘Operation Twist.’ The expansion came as 30-year yields hit their highest since 2007.
TREE NEWS update: President Trump on Monday defended his stock and bond trading, saying it benefits the US, not himself. His first year back in office earned him over $2 billion, with securities trades drawing Democratic criticism. Federal ethics disclosures showed personal trades between $220 million and $750 million in early 2026.
TREE NEWS reports: The Nasdaq Golden Dragon China Index dropped over 2%, with Baidu falling 8.98%, Burning Rock Biotech down 6.84%, MAAS down 6.12%, Kingsoft Cloud down 6.08%, and TAL Education down 5.85%.
TREE NEWS update: Qualcomm’s CFO said the company expects to become the largest automotive chip supplier next year. The statement highlights Qualcomm’s growing ambitions in the auto sector as it expands beyond smartphones. No further details were provided.
TREE NEWS reports: Trader Serenity said on X that Elite Semiconductor Memory Technology (ESMT) could replicate SanDisk’s (SNDK) strong performance in coming months. With monthly net profit around $111 million based on July results and a market cap of about $2.8 billion, ESMT’s valuation still has room for rerating, focusing on traditional and niche storage. A DDR2 chip costs about $0.96 now; if ASP triples, per-chip cost rises about $2.
TREE NEWS reports: SpaceX’s weight in the Nasdaq 100 is expected to increase after the index’s quarterly rebalance, announced after Friday’s close and effective September 21. Currently at 1.25% (19th place) due to lock-up restrictions limiting free float, despite a market cap over $2 trillion (6th largest), the adjustment could trigger over $10 billion in passive buying.
TREE NEWS update: Qualcomm’s CFO said the deal with Amazon will enable the company to achieve strong year-over-year revenue growth in fiscal 2027 and fiscal 2028. The statement highlights the strategic importance of the partnership for Qualcomm’s future financial performance.
TREE NEWS reports: SpaceX shares rose 3.65% to $153.35, hitting an intraday high not seen since July 7, with market cap reaching $2.02 trillion. The stock’s surge marks a notable rebound for the private space company, which is not publicly traded but tracks via related instruments.
TREE NEWS reports: The MSCI Nordic Countries Index edged up 0.2% to 403.67 points on Monday. The industrials sector led gains among the ten sectors. Boliden climbed 6.3%, leading Nordic stocks, as copper hit a record high on the LME.
TREE NEWS reports: CoreWeave (CRWV) shares jumped 15.17% intraday to $102.37 on Binance. The move reflects strong investor interest in the AI cloud provider, which recently listed on the Nasdaq.
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