TREE NEWS reports: GQG Partners co-founder Rajiv Jain said investors are overreacting to Luiz Inácio Lula da Silva’s surprise re-election as Brazil’s president, calling selling Brazilian stocks a “mistake.” Jain, whose firm manages about $150 billion, told Bloomberg that Brazilian equities remain attractive on valuation, earnings and dividend yield, and that GQG may become a buyer if the selloff deepens.
TREE NEWS reports: The Philadelphia Semiconductor Index rose 3.00% intraday to 11,416.10 points on October 27. Among individual chip stocks, AMD gained 5.43%, Broadcom added 3.89%, Intel climbed 3.56%, TSMC rose 3.03%, ASML advanced 3.00%, Micron gained 2.76%, Nvidia edged up 1.20% and Qualcomm rose 1.09%.
TREE NEWS reports: The Philadelphia Semiconductor Index rose 3.00% intraday, led by AMD’s 5.43% gain, as chip stocks rallied. Broadcom climbed 3.89%, Intel 3.56%, TSMC 3.03%, ASML 3.00%, Micron 2.76%, Nvidia 1.20% and Qualcomm 1.09%. The move marked a broad advance across semiconductor names.
TREE NEWS reports: SoFi disclosed 503,000 crypto products for the first time, with gross crypto revenue rising 20% to $162 million. The fintech firm’s total net revenue reached a record $1.39 billion in the period. The breakdown marks the company’s first public accounting of its crypto business.
TREE NEWS update: The Trump administration is offering Constellation Energy Corp. up to $5 billion in financing to upgrade and modernize its reactor fleet in Illinois, Maryland and Pennsylvania. The Department of Energy said the conditional loan commitment backs projects expected to add nearly 1.1 GW of power, strengthen the grid and lower costs. The financing is part of Trump’s push to expand nuclear power to meet growing data center electricity demand and support domestic manufacturing.
TREE NEWS reports: The Nasdaq 100 extended gains to 1% as the Federal Reserve’s monetary policy meeting opened, with technology stocks leading. Nebius Group NV rose 8.9%, Western Digital gained 7.5%, Seagate Technology added 5.6%, CoreWeave rose 5% and Cadence Design Systems climbed 4.4%. The Philadelphia Semiconductor Index rose more than 2.3%, while Boeing fell 10% after cutting its delivery targets and the Dow was down less than 0.1%.
TREE NEWS update: Boeing said it expects to deliver roughly 10 to 15 777X aircraft in 2027. The forecast gives the clearest timeline yet for the widebody jet’s delivery ramp-up. The 777X has faced years of certification delays, and the projection sets a modest initial delivery pace for the program.
TREE NEWS reports: General Motors shares rose 6.2% on Wednesday, marking the automaker’s largest intraday advance in about nine months. The move extends a sharp single-session gain for the Detroit company, though no specific catalyst was cited in the available material.
TREE NEWS reports: Boeing shares dropped 9.2% on Tuesday, touching their lowest intraday level in 18 months. The decline marks a fresh 18-month intraday low for the US planemaker’s stock.
TREE NEWS reports: Meta Platforms’ expanded $25 billion stock offering drew subscription demand roughly five times the shares available, people familiar with the matter said. The company plans to raise $98 billion to fund artificial intelligence spending. More than half of the common shares were allocated to long-term holders and existing shareholders, with the top 15 investors receiving about 70% of the offering.
TREE NEWS update: Dongshan Precision raised HK$9.88 billion through its Hong Kong initial public offering, with the retail portion 0.52 times subscribed. The listing marks a sizable Hong Kong share sale by the company.
TREE NEWS update: Galaxy Digital returned to profitability in the third quarter with a $323 million profit, driven by higher trading volumes and lending activity. The crypto financial services firm also announced a new $200 million share buyback authorization. The swing back to profit marks a sharp reversal from its prior loss-making quarter.
TREE NEWS reports: Europe’s STOXX 600 index rose 0.4% on Monday, setting a new intraday high for the session. The pan-European benchmark extended its advance, with the gain reflecting the latest move in regional equities.
TREE NEWS update: Boeing said it will transition toward a production rate of 10 787 Dreamliners per month this year, with about 90 of the widebody jets expected to be delivered over the same period. The company did not give a specific timeline for reaching the monthly target. The 787 is Boeing’s long-haul twin-aisle program, and output is being tracked as the planemaker works to stabilize production.
TREE NEWS reports: US new home sales came in at 676,000 in September, above the 650,000 expected by economists, but down from the prior reading of 684,000. The figure, released as an annualized rate, shows sales slowing slightly from August’s pace while still beating market forecasts.
TREE NEWS update: Apple on Tuesday launched a new 24-inch iMac and an entry-level 14-inch MacBook Pro, both powered by the M6 chip first used in the Mac mini in September. The two models keep the design of their predecessors, with upgrades concentrated on internal hardware. The iMac previously ran on the M4 processor, while the MacBook Pro used the M5 last year.
TREE NEWS reports: STAR Market companies launched 114 new share buyback plans in 2026 as of Oct. 26, with a combined maximum repurchase value of 18 billion yuan, alongside 42 new shareholding increase plans capped at 1.5 billion yuan. Activity accelerated in October, which alone saw 23 new buyback plans worth up to 5.8 billion yuan, about one-third of the year’s total, plus 6 new increase plans totaling 250 million yuan.
TREE NEWS reports: The Philadelphia Semiconductor Index rose more than 2% on Monday, led by Broadcom’s 4.5% gain. AMD and Seagate Technology each climbed about 4%, while Intel advanced more than 3%.
TREE NEWS reports: Zhang Jianping, a well-known Chinese retail investor, became the third-largest shareholder of Sichuan EM Technology with 29.7473 million shares, or 2.94% of total equity, as of the end of the third quarter, the company’s Q3 report disclosed on Oct. 27. His wife, Fang Wenyan, became the seventh-largest shareholder of Founder Technology with 40.6994 million shares, or 0.92%.
TREE NEWS reports: US stocks opened modestly higher, with the Dow up 0.09%, the S&P 500 up 0.3% and the Nasdaq up 0.47%. Boeing fell 2.5% after its Q3 loss came in larger than expected, while General Motors rose more than 3% on plans to transfer its listing from the NYSE to Nasdaq. Broadcom gained 3.6% after D.A. Davidson upgraded the stock, and neocloud names rose, with Nebius up 3.8%.