TREE NEWS reports: Jensen Huang, who has resigned as CEO of Nvidia, was reportedly involved in an intimate relationship with another Nvidia employee. The employee’s identity has not been disclosed. The report follows earlier revelations of Huang’s extramarital relationships with two other women. Nvidia, Huang and board representatives did not respond to requests for comment.
TREE NEWS update: More than a dozen Chinese brokerages have announced completing stock purchases under the third batch of the Securities, Funds and Insurance Companies Swap Facility (SFISF), with Guolian Minsheng Securities among those disclosing purchases spanning securities listed on the Shanghai, Shenzhen and Beijing exchanges. The third batch is larger in overall scale and involves more institutions than the previous two, with purchases focused on high-dividend assets and broad-based ETFs, while brokers also selectively add growth stocks.
TREE NEWS update: President Donald Trump submitted four nominations to the Senate, naming former CFTC commissioners Kristin Johnson and Steven Levine as SEC commissioners and Nathan Anonick and Matthew Rowland as CFTC commissioners. The SEC currently has only Chair Atkins and Commissioner Uyeda, while the CFTC has only Chair Selig. The nominations require Senate confirmation.
TREE NEWS update: Unocoin said one of its BitGo addresses sent out transactions it cannot trace, and the exchange is waiting on BitGo for details three days after suspending all services following further unauthorized activity. The company said it cannot yet see the full extent of the transactions.
TREE NEWS update: US President Donald Trump said Nvidia CEO Jensen Huang has extraordinary talent and that he spoke with him yesterday. Trump added that Huang feels sorry about his family and that he will ultimately be fine. The remarks did not specify what the conversation concerned or what situation Huang was responding to.
TREE NEWS update: President Trump said the war with Iran is being ended in a slightly more “civilized” manner, taking a longer approach at the request of some countries. Qatar, the UAE and Bahrain prefer a waiting period and asked him to hold off, and he said he is not sure he will agree. US forces remain in the conflict because Washington wants to protect the Middle East.
TREE NEWS reports: Nebius Group NV CEO Arkady Volozh told the company’s third-quarter 2026 earnings call that demand for artificial intelligence is “real and massive,” with customer agreements expanding in size and prices rising. Deals signed in the third quarter priced above $25 million per megawatt, up from $20 million to $25 million per megawatt in the second quarter.
TREE NEWS update: US President Donald Trump said gasoline prices appear to have the biggest influence on the midterm elections, adding that the unpopularity of the Iran war may be due to oil prices. Trump made the remarks without providing further detail or figures.
TREE NEWS update: Maple Finance co-founder Joe Flanagan and COO Ryan O’Shea are leaving the firm over disagreements about its direction, even as revenue grows. The departures come as the protocol’s SYRUP token has fallen despite the revenue gains, underscoring a rift over strategy at the DeFi lender.
TREE NEWS reports: Nasdaq futures rose more than 0.3% in early Asia-Pacific trading on Friday. In after-hours US trading, SanDisk, Micron Technology, Lumentum, Nebius and SpaceX each gained at least about 1%, while Nvidia rose more than 0.8%. AMD and Microsoft fell more than 0.2%.
TREE NEWS update: Peru’s central bank raised its reference interest rate by 25 basis points to 4.5%, the monetary authority said. The increase lifts the benchmark rate from its previous level, tightening policy in the Andean economy.
TREE NEWS reports: China’s computing power industry holds clear advantages in scale, energy and efficiency, but some regions still treat the sector as simply building data centers and buying servers, prioritizing construction over operations and hardware over ecosystems. The article calls for extending the industrial chain to achieve “value output” from computing resources, saying computing buildout offers a chance to narrow the development gap between eastern and western China.
TREE NEWS update: Senators Ron Wyden and Richard Neal have asked Commerce Secretary Howard Lutnick to preserve export and tariff records, opening a separate congressional inquiry into the administration’s decisions on Nvidia chip exports to China. The lawmakers’ request targets documentation tied to the export and tariff decisions.
TREE NEWS reports: The Hong Kong Monetary Authority lent HK$7.66 billion through its discount window, the largest amount since December 2019. On Thursday, the benchmark overnight Hong Kong Interbank Offered Rate (HIBOR) fell 58 basis points to 2.53%.
TREE NEWS reports: Chinese-listed automakers and power battery makers reported sharply diverging third-quarter earnings. CATL posted 64.53 billion yuan in net profit attributable to shareholders, topping the battery sector, followed by EVE Energy at 5.24 billion yuan and CALB at 1.366 billion yuan. Among automakers, BYD led with 22.345 billion yuan in profit, ahead of Chery at 13.963 billion yuan and Geely at 13.928 billion yuan.
TREE NEWS reports: Gemini (GEMI) reported third-quarter total revenue of $40.9 million, down 19% year over year, with platform trading volume falling to $4.5 billion from $16.4 billion a year earlier. Exchange revenue dropped 47% to $13.4 million, while the net loss narrowed 63% to $58.6 million and total operating expenses fell 30% to $119.9 million. Services and interest income combined reached $23.3 million, or 59% of net revenue.
TREE NEWS update: France’s foreign minister said a charter was declared in Dublin, Ireland, under which 40 European countries representing 600 million people set out common principles and goals to address all forms of threats, military and otherwise. The minister described the move as a historic step toward building a strong, independent European continent and said it lays the foundation for a European security architecture.
TREE NEWS update: China’s Derivatives Trading Supervision and Administration Measures (Trial) will take effect on Nov 16, the first departmental rule for the derivatives industry under CSRC oversight, as the six-month transition period ends. Industry participants see brokers’ derivatives and cross-border businesses shifting from scale expansion to compliance and professional capability, with new stock-based cross-border total return swaps (TRS) suspended and a third batch of 100 billion yuan in swap facility operations implemented. Short-term rectification pressure and long-term consolidation are expected to intensify the industry’s Matthew effect.
TREE NEWS update: The U.S. Department of Justice obtained court approval to seize $1.2 billion stolen from Binance by North Korea’s TraderTraitor group and took down the FaceStealer deepfake scam, the agency said. The action targets funds linked to the Lazarus-linked hacking unit and a separate scheme that used AI-generated identities to defraud crypto platforms.
TREE NEWS reports: Nearly 700 foreign institutions have conducted almost 8,000 research visits to A-share listed companies so far in 2025, as of Nov. 12, with QFII holdings up nearly 80% year-on-year by the end of the third quarter. Citigroup Securities (China) recently received CSRC approval to establish operations, and Neuberger Berman Fund was granted QDII status. Market participants said the moves reflect China’s high-level institutional opening of its capital markets.