Flash News

TREE NEWS reports: US retailers are heading into the most expensive holiday parcel-shipping season on record, with ground shipping rates including e-commerce orders expected to rise 5.8% year over year in the fourth quarter. Soaring diesel prices have pushed UPS and FedEx to raise fuel surcharge rates further, driving up retailer costs. Holiday-related parcel volumes could double in the fourth quarter.

TREE NEWS reports: Hedge funds sold technology stocks last Thursday at the fastest pace in two years, as Wall Street suffered its biggest selloff since July. In a note to clients, the head of the bank’s hedge fund client business said the move casts serious doubt on conviction in the AI trade, and that beneath the S&P 500’s three-month range, “persistent performance drawdowns” have been masked since late June as the AI trade unwound.

TREE NEWS reports: The Hang Seng Index main futures contract closed down 0.01% at 23,233 points in the night session, while the Hang Seng Tech Index main futures contract gained 0.08% to 3,865 points. The split close left the benchmark flat and the tech gauge modestly higher.

TREE NEWS update: Anthropic has announced its initial public offering, expected as early as November, disclosing more than $16 billion in revenue and an $80 billion net loss for the first half of 2026. The artificial intelligence company’s filing marks one of the largest IPO plans by an AI firm to date.

TREE NEWS update: Y Combinator-backed Mochatrade has raised $5.5 million to offer US stock perpetuals to Indian traders, co-founder Chetan Manda said. The platform is currently in beta and plans to open to the public in the coming weeks.

TREE NEWS reports: US investors buying pre-IPO shares directly can be placed on a company’s shareholder register, while fund interests offer only indirect exposure. The two routes carry separate fees and exit rules, and an eventual IPO does not automatically remove those fund-level terms. The distinction matters for buyers weighing direct registration against pooled access to private companies.

TREE NEWS update: Apple said it is aware of internal screen problems affecting a small number of iPhone Duo devices. The company confirmed the issue in a statement but did not specify how many units are affected or what the underlying cause is. It also did not say whether a repair program or fix would be offered.

TREE NEWS reports: Strategy repurchased $205 million of its STRC preferred stock in its latest weekly buyback, cutting Michael Saylor’s company’s USD cash by nearly half. The company has $956.8 million of room remaining under its newly raised $3 billion preferred buyback cap, while its bitcoin stack stays unchanged.

TREE NEWS update: Apple has begun selling its foldable iPhone Duo, and early buyers are reporting screen-cracking problems, according to complaints that surfaced shortly after the handset went on sale. The issue marks a rocky debut for Apple’s first foldable smartphone. No further details on the scope of the complaints or Apple’s response were provided.

TREE NEWS update: Strive’s bitcoin treasury has reached 43,000 BTC after the company bought 6,182 BTC last week for about $511.4 million. The bitcoin treasury company also filed to sell up to $1 billion of its 15% SATS preferred stock at market prices through an at-the-market offering.

TREE NEWS update: OKX has begun offering eligible traders in the European Economic Area 10x bets tied to Anthropic’s valuation following the AI company’s IPO filing. The product gives users cash-settled exposure rather than shares or an IPO allocation, and includes a share-count adjustment mechanism designed to preserve position value. The offering is limited to eligible EEA traders.

TREE NEWS reports: The MSCI Nordic Countries Index rose 1.2% to 396.74 points, its biggest single-day gain since Oct. 9 and its second straight advance. The Nordic industrials sector posted the largest gain among the index’s ten sectors. Genmab A/S climbed 12.1%, leading all Nordic constituents.

TREE NEWS reports: Bernstein lowered its price target on Coinbase while raising its target for Circle, citing prediction markets and derivatives as factors shifting the two companies’ earnings outlook. The analyst note tied the revised targets to new products changing how each firm generates revenue. No specific target prices were disclosed in the material.

TREE NEWS update: Audi CEO Gernot Dollner on Sunday defended the company’s plan to build a $4 billion plant in Georgia, calling it a business decision aimed at raising sales and reducing U.S. tariff risk. Speaking at a media roundtable, Dollner said the U.S. is the world’s second-largest luxury car market and Audi has not fully tapped its potential. The plant, Audi’s first in the U.S., was announced by President Donald Trump at a Georgia rally on Saturday.

TREE NEWS reports: Brazil’s stock market crashed after Lula da Silva defeated Flávio Bolsonaro in the presidential election, a result prediction markets had priced at just 20%. The iShares Brazil ETF fell as much as 26%, while the dollar jumped as much as 12% against the real.

TREE NEWS update: Kalshi has reached an agreement with S&P Dow Jones Indices to add the index provider’s gauges to its financial event contracts, the prediction-market platform said. The deal adds S&P Dow Jones to a growing list of Wall Street firms expanding their involvement in prediction markets. Terms of the agreement were not disclosed.

TREE NEWS update: Bitmine added 10,452 ETH, bringing its holdings to 4.95% of Ethereum’s total supply, the Tom Lee-linked firm said. Its larger move was repurchasing 2.04 million of its own shares, which it calls the largest equity buyback any crypto treasury company has run.

TREE NEWS update: Microsoft offered voluntary buyout packages to 60,000 workers in its latest cost-reduction round, and the company subsequently confirmed the offer. The move affects a large share of its workforce as the software giant steps up expense cuts.

TREE NEWS reports: Germany’s DAX 30 index closed provisionally 1.22% higher at 25,487.75 on the day. France’s main index gained 1.07%, Italy’s benchmark rose 1.35% with its bank index up 2.2%, and the UK index added 0.73%.

TREE NEWS reports: Europe’s STOXX 600 index gained 0.84% to 641.13 in its preliminary close, with Genmab, ComputaCenter and Technoprobe leading the constituents while EssilorLuxottica and Santander lagged. The euro-zone STOXX 50 rose 1% to 6,129.60, led by Nokia, Siemens Energy and Hermès. The FTSE Eurofirst 300 advanced 0.8% to 2,557.10.