Flash News

TREE NEWS reports: The S&P 500 opened 16.02 points higher, up 0.21%, at 7,639.70. The Dow Jones Industrial Average opened up 105.29 points, or 0.20%, at 52,320.45, while the Nasdaq Composite opened up 71.52 points, or 0.28%, at 26,026.87.

TREE NEWS reports: Strategy made no Bitcoin purchases or sales last week, instead spending $205 million to buy back its STRC preferred stock. The buybacks cut the company’s USD cash balance by 46% to $242.4 million.

TREE NEWS update: Strategy paused its Bitcoin purchases and spent $205 million buying back STRC, its largest weekly repurchase in more than a month. The Bitcoin treasury firm’s USD cash balance fell to $242.4 million following the buyback. The company did not disclose any new Bitcoin acquisitions for the week.

TREE NEWS update: Baili Tianheng presented data on Oct. 26 at the ESMO annual meeting for its bispecific ADC, lenvatinib? no —伦康依隆妥单抗. In the Phase III PANKU-Lung01 second-line study, the drug reduced the risk of disease progression or death by 60% versus chemotherapy, with median PFS of 11.1 months; results were simultaneously published in The Lancet. In a first-line Phase II study, the combination with osimertinib in 40 patients achieved a 100% ORR, with 27-month PFS and OS rates of 83.8% and 91.5%.

TREE NEWS update: Strategy has paused its bitcoin purchases and repurchased $205 million of its STRC preferred shares. The company’s bitcoin holdings account for roughly 4% of the total supply cap and carry $3.9 billion in paper gains.

TREE NEWS update: Anthropic has filed for an initial public offering, disclosing $16.3 billion in first-half revenue. The filing does not yet include a price range or share count. Pre-IPO derivatives imply a valuation of roughly $1.9 trillion.

TREE NEWS update: Strive purchased $511 million worth of bitcoin, bringing its holdings to within 1,000 BTC of second-place Metaplanet among corporate treasuries. The company also unveiled a new $1 billion preferred stock offering program. The purchase moves Strive closer to the second-largest corporate bitcoin treasury position.

TREE NEWS update: ChinaAMC said in an Oct 26 filing that it will close the subscription period for its Quality Select active equity ETF a day early, moving the deadline from Oct 29 to Oct 26, with no further subscriptions accepted from Oct 27. The fund will apply proportional allotment on the final day of the offering.

TREE NEWS reports: Bernstein analysts raised Robinhood’s revenue estimates through 2026 and 2028, projecting the company’s prediction markets business will add $1.7 billion in revenue and surpass crypto by 2028. The firm maintained its HOOD price target at $160.

TREE NEWS update: Anthropic has officially filed for an initial public offering on Nasdaq, with the company set to trade under the ticker “ANT.” The filing marks the AI developer’s formal move toward a public listing on the US exchange. No further terms of the offering were disclosed in the filing.

TREE NEWS update: Brazil’s stock market suspended trading after a circuit breaker was triggered, halting activity on the exchange. The move came as the market’s circuit-breaker mechanism was activated, pausing trading. No further details on the cause or duration of the halt were provided.

TREE NEWS update: Enlight Media reported third-quarter 2026 revenue of 334 million yuan, down 10.7% year-on-year, with net profit attributable to shareholders falling 83.9% to 17.11 million yuan. For the first nine months, revenue dropped 81.79% to 658 million yuan and net profit plunged 97.85% to 50.12 million yuan.

TREE NEWS update: Gree Electric has proposed an interim profit distribution for 2026 of 1 yuan per share (pre-tax) on a base of 5.553 billion shares entitled to distribution, totaling 5.553 billion yuan in cash dividends. The plan includes no bonus shares and no capital reserve conversion. The proposal still requires approval at the shareholders’ meeting.

TREE NEWS reports: Lockheed Martin shares rose 1.5% in premarket trading after Morgan Stanley upgraded the defense contractor to Overweight from Neutral and raised its price target to $835 from $690. The upgrade signals a more bullish stance on the stock ahead of the opening bell.

TREE NEWS update: Strive purchased 6,182 bitcoin for $511 million, raising its holdings to 43,000 BTC, the company said. The purchase increased its bitcoin balance by 16.8% during a period that included the closing of a $630 million preferred-stock offering.

TREE NEWS reports: Apple’s first foldable phone, the iPhone Duo, has drawn screen-failure reports in its first week on sale, with two widely circulated cases: one unit at the Apple Store in Shanghai’s Lujiazui IFC and another posted by an Australian user on Reddit. The failures may be linked to the hinge, though a Foxconn source said actual production has not been affected.

TREE NEWS update: SpaceX is set to sign a $40 billion GPU equipment financing lease agreement with Apollo. The deal would see Apollo finance SpaceX’s GPU hardware through a leasing structure. No further terms or timeline were disclosed.

TREE NEWS update: Meta Platforms is planning to issue $12.5 billion of three-year mandatory convertible preferred stock with a dividend yield of 6% to 6.5%, people familiar with the matter said. The company is marketing the preferred at a conversion premium of 17.5% to 22.5%. The deal is expected to price after the market close on Monday.

TREE NEWS update: SWANCOR Advanced Materials said its shares rose by a cumulative 30% deviation over three consecutive trading days, triggering a price-movement disclosure. The company noted heightened market interest in concepts including “physical AI” and data collection, and said its consumer-grade embodied-intelligence robot business is in a scale-up and commercial-validation phase, with the robots and model-development products still under R&D. It said day-to-day operations are normal with no material changes.

TREE NEWS update: Verizon reported third-quarter adjusted earnings per share of $1.31, beating the $1.28 estimate, while operating revenue came in at $34.3 billion against a forecast of $34.76 billion. The company raised its full-year adjusted EPS guidance to $5.04–$5.06 from $4.99–$5.04, versus a $5.02 consensus. Verizon maintained its full-year capital expenditure forecast of $16 billion to $16.5 billion, compared with a $16.34 billion estimate.