TREE NEWS update: ByteDance will repurchase up to $6 billion of its own shares at a valuation of $400 billion, the company confirmed. The buyback values the TikTok parent at one of the highest marks for a private technology company globally. No timetable or further terms for the repurchase were disclosed.
TREE NEWS reports: trade.xyz’s NVDA perpetual contract recorded a record $2.14 billion in daily trading volume on Hyperliquid’s first anniversary. The contract, which launched on Nov. 12, 2025, supports 10x leverage, and its year-to-date cumulative volume has topped $19 billion.
TREE NEWS reports: The combined margin financing balance on the Shanghai and Shenzhen stock exchanges rose 685 million yuan to 2.27 trillion yuan as of Nov. 12, compared with the previous trading day. The Shanghai Stock Exchange’s margin balance increased 1.186 billion yuan to 1.18 trillion yuan, while the Shenzhen Stock Exchange’s balance fell 501 million yuan to 1.09 trillion yuan.
TREE NEWS update: Mexican President Claudia Sheinbaum said on March 12 that no migrant caravan has reached the northern Mexico-US border since Donald Trump took office, responding to the US president’s tariff threats tied to immigration. The statement came after Trump again pressured Mexico over migration using tariffs.
TREE NEWS update: New York Fed President John Williams said the US economy is vulnerable to a shift in enthusiasm around artificial intelligence. Williams made the remark on the risks facing the economy, flagging AI sentiment as a potential source of instability. He did not specify what a change in AI enthusiasm would mean for growth or monetary policy.
TREE NEWS reports: Jefferies maintained its buy rating on Chinese semiconductor production equipment following Jensen Huang’s resignation, saying the move raises geopolitical risk. The brokerage said the call does not cover AI labs or GPU companies. The note did not specify a date for the resignation or quantify the risk.
TREE NEWS reports: Security firm Island said on Nov. 12 it identified 186 domains impersonating 27 well-known AI brands, with ChatGPT the most copied at 25 lookalike domains, followed by Claude at 18, DeepSeek at 16 and Runway at 12. Some of the domains redirect users to advertising pages while others lead to malicious websites. The attackers use a technique dubbed “TypoPrompting,” exploiting users’ typos when entering AI tool URLs.
TREE NEWS update: New York Fed President John Williams said artificial intelligence investment levels could react to changes in interest rates. The remark links the scale of AI capital spending to the path of monetary policy, suggesting rate moves may influence how much firms commit to AI projects. Williams did not specify a timeline or magnitude for any such effect.
TREE NEWS update: About 120 patients in China have had brain-computer interface implants for more than a month without removal, said Hong Bo, chief scientist at Lingang Laboratory, at a media briefing for the Pudong Innovation Forum 2026 Brain-Computer Interface Conference. The conference will run Dec. 3-6 in Shanghai under the theme “Brain Connects the World, Intelligence Gathers in Shanghai,” with one main forum, six industry tracks and a financing forum involving more than 100 institutions.
TREE NEWS update: The Ethereum Foundation is launching Universal Ethereum Signer, an app on Foundation’s Passport Prime hardware device running its KeyOS operating system. Developed by Nicolas Bacca, Ledger co-founder and current ZKnox CEO, with Ethereum Foundation funding, the app is in beta. It lets users securely review and sign Ethereum transactions on isolated hardware without exposing private keys to a phone or computer, marking the first time Passport Prime users can use a third-party app as a dedicated Ethereum signer.
TREE NEWS update: New York Federal Reserve President John Williams said the United States has the economic tools to address its debt levels, but resolving the issue requires political will. Williams did not specify policy measures or timelines in the remarks.
TREE NEWS update: Flinn AI filed two lawsuits in the U.S. District Court for the District of Delaware on Thursday, accusing Anthropic PBC and OpenAI OpCo of patent infringement. The complaints allege both companies infringed five patents obtained by co-inventors Steven Flinn and Naomi Mannipeny. The suits were brought by the AI company founded by computer scientists.
TREE NEWS update: Japan’s Finance Minister Satsuki Katayama said recent foreign exchange market moves have been one-sided and rapid, and that Japan will work with the US Treasury to take appropriate action. The remarks signal heightened official concern over currency volatility and point to coordinated Japan-US monitoring of FX markets.
TREE NEWS reports: Bitcoin slipped below $71,000 on November 13, trading at $70,995.50 per coin, a decline of 1.00% over the day. The move marks a fresh intraday low for the largest cryptocurrency.
TREE NEWS update: South Korean President Lee Jae-myung said the country’s stock market has undergone a sharp correction, adding that Seoul is determined to normalize its asset and capital markets. He identified “trust” as the core keyword for the capital markets.
TREE NEWS reports: State Street increased its stake in Strategy Inc. (NASDAQ: MSTR) by 6% to a position worth about $1.22 billion. 12 13F filing for the third quarter of 2026. The bank held 7,946,663 Strategy shares as of Sept. 30 after net buying 419,102 shares, worth roughly $48.5 million, during the quarter. It also raised its Strive Inc. (NASDAQ: ASST) stake by 12% to $50 million.
TREE NEWS update: New World Development’s shares were suspended from trading in Hong Kong. The company’s stock halted on the Hong Kong exchange, with no reason given in the available material. No further details on the suspension were disclosed.
TREE NEWS reports: Microsoft said it is still working to restore access to some of its office software after an outage lasting several hours, with users potentially unable to connect to email and chat services. Outlook, Teams and Copilot AI services were unavailable to some users for most of the US workday on Thursday.
TREE NEWS reports: Scammers are mailing fake letters with phishing QR codes to some SafePal customers in Italy, exploiting data leaked in a breach the hardware wallet maker disclosed in August affecting about 39,798 customers. The letters cite firmware security issues and direct recipients to phishing sites. As of Nov. 12, SafePal confirmed the letters were fraudulent and had taken down more than 30 related scam websites.
TREE NEWS update: The DeFi Education Fund and 17 other crypto groups and companies have asked an Illinois court for leave to file a brief arguing the state’s Digital Asset Tax Act is unlawful. The proposed filing challenges the 0.2% tax on digital asset transactions. The coalition seeks to weigh in as the case proceeds.