TREE NEWS update: Lighter has enabled 10x leveraged trading for BE on its platform, the decentralized exchange announced on X. The listing lets traders open leveraged positions on the token through Lighter’s perpetual trading venue. No further details on launch terms or trading pairs were provided.
TREE NEWS reports: Nvidia shares were down 5.7% on Wednesday following a report that CEO Jensen Huang previously had a relationship with another Nvidia employee. The report did not specify the timing or nature of the relationship. Nvidia has not issued a public statement on the matter.
TREE NEWS update: Lighter launched GME trading on its Lighter Core platform with 10x leverage, the protocol announced on X. The listing adds the video-game retailer’s stock to the decentralized exchange’s leveraged trading lineup, giving users exposure to GME with up to 10x leverage.
TREE NEWS reports: WTI December crude futures settled at $88.74 a barrel, NYMEX said. December natural gas futures settled at $3.34 per million British thermal units. December gasoline futures settled at $2.6708 a gallon and December heating oil futures at $4.2865 a gallon.
TREE NEWS update: Nvidia CEO Jensen Huang was ousted by the company’s board and resigned on Nov. 12 after two extramarital relationships, with Alice Huang and Nvidia healthcare vice president Kimberly Powell. Two people familiar with the matter said Huang also had an intimate relationship with another employee, the report said. Attempts to reach the woman were unsuccessful.
TREE NEWS update: Mercedes-Benz has suspended all further investment at its German plants and is considering closing some sites, according to an internal memo and an interview with management board member Michael Schiebe. The production chief said management jointly decided to halt investment because it could not agree with the works council and union on labor cost cuts, citing high manufacturing costs in Germany.
TREE NEWS reports: Chile’s Cochilco on Thursday raised its 2026 lithium production forecast to about 325,000 tonnes of lithium carbonate equivalent, up from 305,000 tonnes projected a year earlier, with output seen rising to 335,000 tonnes in 2027. Global lithium demand is expected to grow 25% this year to 2.08 million tonnes, but growth is forecast to slow to 8% in 2027, when new supply is expected to push the market back into a 42,000-tonne surplus.
TREE NEWS update: Bank of Mexico Deputy Governor Jonathan Heath said the central bank’s recent decision to cut its key rate to 6.25% is confusing, as it sends the wrong signal while inflation is rising and the Federal Reserve appears ready to keep hiking. Heath’s comments, reported by Reuters, highlight internal unease over the direction of Mexican monetary policy.
TREE NEWS update: Democratic U.S. Senator Jack Reed said Congress needs to evaluate whether Nvidia has become “too big to fail” and what that could mean for the banking system. The remark raises questions about the chipmaker’s systemic importance to financial stability as its market value has soared on AI demand.
TREE NEWS update: France has launched a ten-year revitalization plan to revive its farming and food sectors through nearly 1,000 projects worth €8.7 billion, aimed at countering climate change and cutting reliance on imports. The projects target milk (24 billion liters), poultry farms, flour mills and plant protein production. Government funding for food and agriculture already exceeds €2 billion, with €750 million earmarked for the plan, which is expected to attract blended public and private financing.
TREE NEWS update: BA Labs, an ecosystem advisor to Sky, has proposed halting new borrowing in the Sky Core Vault. Data from BA Labs shows 771 open vaults with about 376 million USDS in outstanding debt. If the proposal passes, borrowers can still repay and manage collateral but will no longer be able to mint new USDS.
TREE NEWS reports: Nvidia’s incoming chief executive plans to hold a company-wide meeting next Wednesday. The meeting is scheduled as the chipmaker’s new CEO prepares to take the helm. No further details on the agenda or participants were provided.
TREE NEWS reports: The onshore yuan closed at 6.6745 per dollar at 03:00 Beijing time, up 4 pips from Wednesday’s overnight close. Trading volume totaled $43.632 billion. The pair’s move was marginal, with the close extending a modest overnight gain.
TREE NEWS reports: The Hang Seng Index main futures contract closed down 0.29% at 23,914 points in overnight trading. The Hang Seng Tech Index futures contract closed down 0.25% at 3,916 points.
TREE NEWS reports: The U.S. posted a budget deficit of $404.06 billion in October, with spending of $773 billion against revenue of $369 billion, the Treasury Department said. Outlays rose from $689 billion in October 2025, while receipts fell from $404 billion a year earlier. Treasury officials said both the October deficit and spending were the highest on record for the month.
TREE NEWS reports: Goldman Sachs’ base-case forecast puts Brent crude at an average of $88 a barrel in 2027. The bank expects Middle East output to rise by 1.1 million barrels a day versus 2025 through ship-to-ship transfers and pipeline expansions. Should Gulf production stay 2.5 million barrels a day below 2025 levels, Brent could top $130 in early 2027 and average around $120 for the year.
TREE NEWS reports: Brent crude (XBRUSD) rose above $98 a barrel and was last quoted at $98.03, up 1.9% over 24 hours. The move puts the benchmark within $2 of the $100 mark.
TREE NEWS update: Pfizer will stop selling its Premarin hormone therapy in Canada, the company said. The decision covers the Canadian market for the menopause treatment, with no reason given in the disclosure. Premarin is one of Pfizer’s established hormone-replacement products, and the withdrawal removes it from Canadian shelves.
TREE NEWS update: Former Ethereum core developer Greg Markou defended developers as Glamsterdam’s gas changes remain on hold, blaming bundled upgrades and a surge of proposals he said has grown with AI. He said application teams should test early and report what breaks. The comments come as the network’s gas repricing work awaits progress.
TREE NEWS update: Ghana will ban commercial rice imports from now through 2030, Finance Minister Forson said in comments on the budget. The same period is intended to achieve self-sufficiency in sugar products, he said. No further details on the timing or scope of the import restriction were provided.