TREE NEWS update: Jared Kushner said he held detailed and productive meetings with Russian President Vladimir Putin and finalized a prisoner exchange with Putin and Ukrainian President Volodymyr Zelensky, following three days of intensive talks. Kushner said Putin is willing to give Europe a seat at the negotiating table, and that the parties are working closely with Europe though no agreement with it can yet be confirmed.
TREE NEWS reports: The gold ETF fell 2.82% on Thursday, Nov. 12, leading losses among major U.S. asset-class ETFs alongside the Russell 2000 ETF, which dropped as much as 1.64% together with the 20+ Year Treasury ETF, emerging markets ETF and Barclays convertible bond ETF. The Brent oil fund rose 3.85%, the CBOE Volatility Index long fund gained 3.15% and the dollar bull index added 0.24%.
TREE NEWS reports: Strategy shares declined 5% on Thursday after MSCI removed the company from its indexes, with the drop compounded by a Bitcoin sell-off amid a broader crypto market decline. The index removal and the cryptocurrency’s slide weighed on the stock in the same session.
TREE NEWS reports: Spot gold fell 2.84% to $3,874.59 an ounce in late New York trading on Thursday, breaking below the Oct. 28 intraday low of $3,886.62 and nearing the Oct. 2 bottom of $3,819.56, with a three-session cumulative decline of 6.4%. Spot silver dropped 3.26% to $49.9987 an ounce, COMEX copper fell 1.64% to $6.1870 a pound, and the NYSE Arca Gold Miners Index closed down 4.11% at 2,358.77.
TREE NEWS update: The US Department of Justice said it has frozen or preserved about $2.7 billion of funds stolen from Binance, working with two major stablecoin issuers. The amount represents nearly half of the more than $6 billion in assets taken from the exchange. On the same day, the FBI’s cyber division warned that North Korean hackers are using a social-engineering tactic called FaceStealer, including fake video-conferencing platforms, to steal crypto assets and attack software supply chains.
TREE NEWS update: Louisiana has sued Kalshi, Robinhood and other prediction market platforms, becoming the latest state to challenge the sector in an escalating legal fight with the federal government. The action adds Louisiana to a growing list of states taking on prediction markets, setting up a broader confrontation over how such platforms are regulated.
TREE NEWS update: The U.S. Department of Justice said it will seize $1.2 billion in cryptocurrency assets stolen from Binance by hackers. Government agencies and the private sector have together frozen more than $2.7 billion in stolen funds, the department said. The announcement concerns assets tied to the Binance theft and does not specify a timeline for the seizure.
TREE NEWS update: Microsoft suffered a widespread service outage on Thursday, affecting thousands of users across multiple regions, with Microsoft 365 and Outlook disrupted from shortly before 2 a.m. Beijing time on the 13th. Amazon Web Services and Google users also reported service interruptions on outage-tracking site Downdetector. Microsoft said the issue centered on Exchange Online and was caused by some servers becoming unexpectedly unavailable, increasing load on remaining infrastructure.
TREE NEWS reports: The yen weakened past 160 per dollar on Thursday after unexpectedly breaking out of a narrow range around 158 on Wednesday, underscoring how difficult the currency has become to trade. Traditional signals such as interest-rate differentials are no longer reliable, while Bank of Japan tightening, sustained capital outflows and unprecedented intervention are pulling the yen in competing directions. The world’s most heavily traded currency, with about $1.6 trillion in daily turnover, has implications far beyond Japan.
TREE NEWS reports: The global airline industry ETF fell 3.81% on Thursday, November 12, leading declines among US sector ETFs. The biotech index ETF dropped 2.16% and the semiconductor ETF slipped 1.03%, while the energy sector ETF gained 1.51%.
TREE NEWS reports: CBRS climbed 11.8% in one hour and is up 10.2% over 24 hours, trading at 111.87 USDT, MSX.COM data show. The token’s sharp short-term move came alongside the 24-hour gain.
TREE NEWS update: US President Donald Trump said he wants to lower credit card fees, without providing further details on the scope or timing of any planned measure. The remark was made without specifying whether it would involve legislation, regulatory action or negotiations with card issuers and networks. No figure for the intended fee reduction was given.
TREE NEWS update: MSCI is excluding Strategy, Michael Saylor’s Bitcoin-focused company, from its major investment benchmarks, the index provider confirmed. The company has reported $19.5 billion in profit. The exclusion raises questions about what qualifies as a business and whether it could slow Strategy’s Bitcoin purchases.
TREE NEWS update: Cerebras will announce a new partnership with Microsoft, one of the world’s top cloud providers, at an analyst call starting at 5 p.m. ET, CEO Andrew Feldman said. The agreement was signed in October and revenue is expected to begin in the first quarter of 2027. Cerebras, which has struck similar deals with Amazon and Oracle, is evaluating financing options to meet growing demand, Feldman said, citing GPU delivery delays and higher costs as an opening for the company.
TREE NEWS update: MSCI said it will use its standard inclusion methodology for Anthropic’s large initial public offering. The index provider’s standard approach governs how newly listed companies are added to its benchmarks. No further details on timing or index weighting were provided.
TREE NEWS reports: Nebius Group NV closed down 17% on the day, marking its worst single-day performance since July. The decline is the largest one-day loss for the AI infrastructure company’s stock in roughly four months.
TREE NEWS reports: FTSE China A50 index futures closed the overnight session up 0.08% at 12,935 points. The move marks a modest gain for the contract tracking China’s largest A-share companies.
TREE NEWS reports: Cerebras Systems reported third-quarter core revenue of $230.9 million, topping analysts’ estimate of $214.7 million. The chipmaker’s core revenue beat the consensus figure by $16.2 million. No further financial details were disclosed.
TREE NEWS update: Cisco raised its full-year adjusted earnings per share guidance to $5.47-$5.53 from a prior range of $5.05-$5.11. The networking company’s shares rose 6% in after-hours trading following the updated outlook. The new forecast was disclosed alongside the company’s latest guidance update.
TREE NEWS reports: Anthropic’s IPO has drawn subscriptions of roughly six times the shares on offer. The oversubscription signals strong investor demand for the AI developer’s listing. No pricing, size or timetable for the offering was given in the material.