Flash News

TREE NEWS reports: According to institutional data, the iPhone 17 was the best-selling smartphone in Q2, capturing a 6% share of global smartphone shipments. This highlights Apple’s continued dominance in the premium segment.

TREE NEWS update: Binance has added Trump Media & Technology Group (DJTB) as a new collateral asset, allowing users to use it for borrowing and margin trading. This move expands Binance’s collateral options and reflects growing integration of traditional equities into crypto platforms.

TREE NEWS update: Nvidia will report Q2 earnings after market close today, with Wall Street expecting revenue over $92 billion and Q3 consensus at $103.7 billion. The report is seen as a key test for the AI trade, with investors focusing on reliance on hyperscalers like Amazon, Google, and Microsoft. Despite beating estimates in past quarters, Nvidia shares have typically fallen the day after earnings.

TREE NEWS update: BlackRock has reduced the minimum threshold for converting BTC into its IBIT fund to $1 million, while Bitwise has set its threshold at $3 million. This move aims to attract smaller investors and increase accessibility to Bitcoin exchange-traded funds.

TREE NEWS update: Samsung Electronics and SK Hynix plan to increase supply of 8-layer HBM4 memory to Nvidia in the second half of the year. This move aims to meet growing demand for high-bandwidth memory in AI applications.

TREE NEWS reports: SoftBank Group plans to issue $10-20 billion in bonds, potentially its largest yen-denominated bond sale, to refinance debt and fund investments. The move comes amid a favorable rate environment and strong investor demand for high-grade corporate debt.

TREE NEWS reports: Bitwise’s CEO announced that the firm’s assets under management are approaching $1 billion. The Bitwise Solana Staking ETF attracted $45 million in inflows during the first two days of this week.

TREE NEWS reports: Ethereum spot ETFs recorded a total net inflow of $180 million yesterday, marking a seventh consecutive day of net inflows. This sustained positive flow signals growing institutional interest in Ethereum-based investment products.

TREE NEWS reports: Hong Kong stocks rose at midday with the Hang Seng Index gaining 0.68%, led by a rebound in tech and internet stocks. The market showed resilience amid broader regional gains.

TREE NEWS update: Chinese AI companies, including MiniMax, are facing unprecedented short selling, with short interest reaching 20% of circulating shares. This reflects bearish sentiment amid market volatility and regulatory uncertainties in the tech sector.

TREE NEWS update: US AI-related stocks continued to decline, with Nvidia falling 3% for a seventh straight session, while Alibaba’s HK$80 billion share placement to fund AI infrastructure triggered a 10% drop in its Hong Kong shares. The market is shifting from AI narrative-driven valuations to demanding cash flows and returns, and all eyes are on Fed Chair Warsh’s speech at Jackson Hole on Friday for policy direction.

TREE NEWS reports: Nvidia CEO Jensen Huang personally reviews the compensation of all employees, leading to 78% of staff becoming millionaires. The company’s strong performance and stock surge have created significant wealth for its workforce.

TREE NEWS reports: Unitree’s stock has dropped about 45% from its peak since listing, sparking concerns about a potential bubble. This significant decline reflects market volatility and investor anxiety over high valuations.

TREE NEWS reports: Bitget has listed DJT stock perpetual contracts, allowing users to trade tokenized equities with leverage. This move expands Bitget’s offerings in the crypto derivatives space, bridging traditional stocks with digital assets.

TREE NEWS reports: Ahead of Nvidia’s Q2 earnings, options imply only a 5.4% move, the calmest in two years, signaling investor complacency. Analysts warn that a routine beat and raise may not suffice; the focus is on capital deployment and AI demand sustainability. Nvidia’s stock has underperformed the S&P 500 this year, and its recent moves into AI financing have raised questions about circular economics.

TREE NEWS reports: US HYPE spot ETF recorded a total net inflow of $7.51 million in a single day. This reflects growing investor interest in HYPE-related products.

TREE NEWS update: South Korea’s DRAM export prices soared 401% year-on-year in August, reflecting a severe global memory chip shortage. SK Hynix has warned that next year could be the most supply-constrained year for memory, driven by AI demand.

TREE NEWS reports: Chinese memory chip makers CXMT and YMTC are using Apple’s quality validation to expand sales to North American cloud service providers, signaling a strategic push into Western markets. This move could reshape the memory chip supply chain amid ongoing US-China tech tensions.

TREE NEWS update: US stocks closed higher with all three major indices gaining, as Nvidia rose 2%. The positive performance reflects overall market optimism.

TREE NEWS reports: Nancy Pelosi disclosed millions in Bloom Energy investments made through her husband’s accounts, including a purchase just before record earnings. The timing has sparked scrutiny and debate over congressional stock trading rules.