Flash News

TREE NEWS reports: On Sept 2, US stocks rose with Dow +0.56%, S&P 500 +0.47%, Nasdaq +0.45%. Hecla Mining (HL) surged 8.69% to $20.77 despite silver gaining less than 1%, as weak ADP jobs data (38K vs 47K expected) cooled rate-hike bets. Miners show operational leverage. Ciena (CIEN) reports premarket tonight at 12:30 UTC.

TREE NEWS update: A symposium on web film creation was held, discussing creative practices, business model innovation, and policy support. Attendees urged filmmakers to uphold correct values, diversify content, and optimize the ecosystem, while emphasizing the rational use of AI as a creative tool and partner to enhance quality and efficiency.

TREE NEWS update: On September 3, Greater Bay Airlines flight HB836 landed at Kunming Changshui International Airport at 11:13 AM, marking the official launch of the Hong Kong-Kunming round-trip route. All 139 inbound passengers cleared customs in just 20 minutes, establishing a convenient air link for connectivity, trade, and cultural exchange between Yunnan and Hong Kong.

TREE NEWS update: Hugging Face CEO announced that the company’s three founders and the entire team will join Nvidia. The move signals a major talent acquisition by the chip giant, though financial terms were not disclosed.

TREE NEWS reports: The Baltic Dry Index gained 4.71% to reach 3,488 points. This increase reflects stronger demand for dry bulk shipping, a key indicator of global trade activity.

TREE NEWS update: Meta announced that WhatsApp will introduce bill payment services on Android and iOS in India, covering 22,722 payment institutions across 30 categories. The feature is being rolled out gradually and will go live in the coming weeks.

TREE NEWS update: Electricity has been restored in the core area of the mudslide disaster in Gyirong, Tibet. The announcement was made by Xinhua News Agency. This marks a key step in ongoing relief efforts in the affected region.

TREE NEWS reports: Spot gold crossed $4,450 per ounce on Friday, rising more than 1% intraday. The precious metal extended its rally amid sustained safe-haven demand and market uncertainty. Traders are watching for further upside momentum as gold continues to hit record levels.

TREE NEWS update: Xiaomi Auto announced it will enter European markets including Germany in 2027, and at the 2026 IFA in Berlin signed memorandums of understanding with the first eight leading German auto dealer groups. The move marks a strategic step in its international expansion.

TREE NEWS update: China’s Ministry of Agriculture and Rural Affairs held a national on-site meeting in Yili, Xinjiang, to promote large-area yield increases for grain and oil crops. The meeting emphasized unremitting efforts in grain production, advancing yield improvement on a broader scale, and integrating good farmland, seeds, machinery, and methods to continuously tap yield potential, ensuring national food security.

TREE NEWS reports: Blackstone’s private credit fund has again set its redemption limit at 5%. The move, announced recently, restricts investor withdrawals to 5% of net asset value per quarter, a measure aimed at managing liquidity. This marks a repeat of a similar cap previously imposed by the firm.

TREE NEWS update: Jensen Huang, CEO of Nvidia, called it an exciting day for Nvidia and Hugging Face, noting that Nvidia is Hugging Face’s largest data contributor. The comment underscores the deepening collaboration between the AI chip giant and the AI community platform.

TREE NEWS update: NVIDIA has agreed to acquire Hugging Face for $12.93 billion. The deal, reported on March 25, marks a major consolidation in AI infrastructure, giving NVIDIA control over a leading platform for open-source AI models and datasets. The acquisition is expected to close later this year, subject to regulatory approvals.

TREE NEWS update: JCET Group announced a private placement of A-shares to raise up to 6.5 billion yuan. Proceeds will fund expansion of high-performance computing advanced packaging, high-end power module testing, wafer-level packaging upgrades, and high-density memory system-level packaging, plus working capital and loan repayment.

TREE NEWS reports: Thunderbird Innovation (Lei Niao) ranked first globally in AR glasses shipments in the first half of 2026, with a 24.8% market share. The company led for the fifth consecutive quarter. CINNO data shows Thunderbird also held 25% of China’s AI/AR glasses market, achieving its first ever top spot in Chinese smart glasses sales.

TREE NEWS update: Russian President Vladimir Putin said on September 3 that a resolution to the Russia-Ukraine conflict remains possible, but depends on both parties reaching consensus. Speaking at the Eastern Economic Forum plenary, he called attacks on civilian ships and threats against civilian aircraft “state terrorism,” accusing Ukraine’s Western allies of complicity by staying silent, which he said hinders peace talks.

TREE NEWS update: Moore Threads said its supply chain and production capacity align with business development needs, and it has completed the full-chain pipeline for embodied intelligence training and deployment. Chairman Zhang Jianzhong said at a semi-annual results briefing that the company trained a 236B-parameter MoE foundation model from scratch on its MTT S5000 AI clusters, and completed end-to-end training of frontier models including the RoboBrain2.5 embodied brain and EvoPhys-World 5D world model.

TREE NEWS update: A 5.2-magnitude earthquake struck near Beichuan County, Mianyang City, Sichuan Province, at 19:39 on September 3 (local time), according to the China Earthquake Networks Center’s automatic determination. The epicenter was located at 31.91 degrees north latitude and 104.47 degrees east longitude. The final result is subject to the official rapid report.