Flash News

TREE NEWS reports: The S&P 500 closed preliminarily up 0.4%, with materials and telecom sectors each gaining over 1%, while tech and energy rose about 0.3%. Real estate fell 0.8%. The Nasdaq 100 gained 0.2% preliminarily, led by Alnylam’s 8.4% jump and PayPal’s 4.2% rise, but Palantir and Datadog dropped up to 9.2%.

TREE NEWS reports: Phong Le, CEO of Strategy, said the company’s decision to sell nearly 7,000 BTC at around $60,000 was driven by its cost of capital, not Bitcoin’s price. He expressed no regrets about the sale, even as the company repurchased Bitcoin above $80,000. Le emphasized that the trade was ‘the right trade’ given funding costs.

TREE NEWS reports: Hang Seng Index main continuous contracts rose 0.45% in night trading to 25,367 points. Hang Seng Tech Index main futures gained 0.60% to 4,551 points.

TREE NEWS update: US President Donald Trump said the stock market is unaffected and may even be higher than it is now, asserting that stocks will rise. His remarks came amid ongoing market volatility.

TREE NEWS update: Hyperscale Data has removed all bitcoin miners from its Michigan site to free up space for a 10-year AI hosting agreement. The announcement sent the company’s shares to an all-time low.

TREE NEWS reports: Farmmi Inc., a microcap mushroom seller, surged 350% in heavy trading on Nasdaq before quickly correcting, with over 720 million shares traded—nearly 90 times its daily average. The move highlights memecoin-style speculation spilling into US equities.

TREE NEWS reports: Barrick Gold is considering postponing the initial public offering of its North America Gold unit until 2027. The potential delay, reported by Bloomberg, signals a cautious approach to equity markets. No official decision has been made, and plans could still change.

TREE NEWS update: JPMorgan’s co-head of investment banking said the bank’s pipeline of M&A and IPO mandates continues to expand as corporate boards focus on growth. The executive added that M&A volumes could surpass the historic highs of 2021.

TREE NEWS reports: Soitec now expects second-quarter revenue to grow about 50% year over year, up from its previous forecast of over 30% growth. The French semiconductor materials company cited stronger demand for its engineered substrates. The revised guidance was announced in a trading update.

TREE NEWS update: Chevron shares rose about 0.6% to $212.72, poised for a record closing high, after the company announced a $7 billion investment to double its oil production in Venezuela. The move signals confidence in the country’s energy sector despite geopolitical risks.

TREE NEWS reports: Nasdaq-listed Chinese company Farmmi (FAMI) saw its share price pull back from an intraday high of $0.50 to around $0.18, still up 50%. The stock remains significantly higher despite the sharp decline from its peak.

TREE NEWS update: Nasdaq-listed Hyperscale Data has shut down all Bitcoin miners at its Michigan data center to repurpose the site for AI compute. The company signed a 20MW master service agreement with an unnamed California cloud provider, expected to generate about $1.2 billion over 20 years, with a 32MW expansion option that could push total revenue above $3 billion. To fund the transition, it sold 830 BTC for roughly $53 million, retaining 275 BTC worth about $21.2 million. Hyperscale Data still operates about 10MW of Bitcoin mining capacity in Montana and is exploring an additional 125MW expansion.

TREE NEWS reports: Nasdaq-listed Nongmi Liangpin (FAMI) surged over 294% to $0.469 on heavy volume on September 2, after touching an intraday high of $0.50, up over 300%. The sharp move was reported by Binance market data.

TREE NEWS update: A judge in the Google ad-tech antitrust case rejected Alphabet’s (GOOG.O) requirement to sell its ad exchange AdX, but ordered changes to certain business practices. The ruling follows the government’s push for divestiture. Alphabet shares were little changed after the decision.

TREE NEWS reports: Nvidia shares gained 2.29% to $222.41, while Meta rose 3.5% to $598.79 on Monday. Meanwhile, SpaceX token (SPCX) fell 2.04% to $139.32.

TREE NEWS update: US stocks opened mixed with the Dow Jones Industrial Average rising 0.37%, while NIO (NIO.N) dropped nearly 4% in early trading. The move reflects ongoing market volatility amid broader economic uncertainties.

TREE NEWS reports: US stocks opened mixed on Monday, with the Dow up 0.33%, Nasdaq down 0.12%, and S&P 500 up 0.05%. Crypto-related stocks declined, with Coinbase (COIN) down 1.67% and Robinhood (HOOD) down 0.17%.

TREE NEWS reports: Bitcoin treasury company Nakamoto, led by David Bailey, experienced a 99% collapse in its stock price. The firm is now seeking to turn things around amid the severe downturn.

TREE NEWS reports: The Trump administration is planning to impose tariffs on imported chips while providing exemptions for US-based manufacturers. This move aims to boost domestic production but could raise costs for foreign chipmakers.

TREE NEWS update: Strategy CEO Michael Saylor defended the sale of 7,000 BTC as a ‘correct trade,’ despite later repurchasing at higher prices. He emphasized the company’s ongoing commitment to accumulating bitcoin as its primary treasury reserve asset.