Flash News

TREE NEWS reports: The US 10-year Treasury yield fell 16.60 basis points to 4.9530% in late New York trading on Thursday, October 22, after trading between 5.1149% and 4.9365% during the session and approaching its September 23 low of 4.9307%. The two-year yield dropped 16.63 bps to 4.6396%, while the 30-year yield declined 12.85 bps to 5.2804%, as investors sought safe havens amid a selloff in AI-related stocks.

TREE NEWS reports: Crown Castle Inc. shares rose 9% in after-hours trading, while AT&T fell 5%. No further details on the moves were provided.

TREE NEWS reports: FTSE China A50 index futures closed the overnight session up 0.04% at 12,935 points, extending a marginal gain. The contract tracks the 50 largest A-share companies listed on the Shanghai and Shenzhen exchanges. No further detail on the session’s trading range was disclosed.

TREE NEWS reports: Nasdaq 100 futures closed down 3.07% in late New York trading on Thursday, October 22, while S&P 500 futures fell 1.22%. Dow futures edged up 0.05% and Russell 2000 futures slipped 0.05%, leaving the tech-heavy index sharply underperforming the other major benchmarks.

TREE NEWS update: Apple will introduce a group-buying feature for subscriptions in the App Store, allowing users to purchase subscription plans together. The company did not disclose a launch date or pricing details for the offering. The feature applies to subscription purchases made through Apple’s App Store.

TREE NEWS reports: Western Digital shares extended their after-hours decline to 6.8%, while Seagate Technology fell 5% in the same session. Both storage-drive makers moved lower in post-market trading, with no further details disclosed in the available material.

TREE NEWS update: Western Digital expects its heat-assisted magnetic recording (HAMR) drives to account for nearly 30% of nearline HDD shipments by its second fiscal quarter, rising to 50% by the third quarter. The company said it remains on track to begin shipping the drives in the first half of calendar year 2027.

TREE NEWS reports: The MSCI Emerging Markets Index dropped 2.5% to its lowest level since July, as investors’ optimism over artificial intelligence cooled amid mixed US tech earnings. A developing-nation currency gauge slipped 0.2%, with currencies of net oil importers South Africa, Chile and Poland leading declines as Brent crude hit its highest since May. Brazil’s real also fell notably ahead of weekend elections.

TREE NEWS reports: The Bloomberg Electric Vehicle Price Return Index fell 3.16% on Thursday, October 22, closing at 2,850.63 points after declining steadily since the start of Asia-Pacific trading and approaching its August 8, 2025 close of 2,817.64. Constituents were almost universally lower, with Yadea Group Holdings down 11.25%, RoboSense Technology down 8.54%, Horizon down 8.5% and Hesai’s ADR down about 7.9%. Only three members gained, including BMW up 0.84% and Lucid Group up about 7.8%.

TREE NEWS reports: Bloom Energy reported third-quarter revenue of $1.24 billion, up 138.1% year over year and ahead of the $1.08 billion analysts expected. Adjusted EBITDA came in at $299.5 million versus a $241.2 million consensus, and adjusted EPS was $0.94 against an expected $0.68. The fuel-cell supplier guided full-year revenue to $4.4-4.6 billion, up from its prior $3.9-4.2 billion range, while keeping adjusted gross margin near 34%. Shares fell more than 2.4% after hours.

TREE NEWS reports: Lam Research closed down 11.72%, its largest single-day decline since March 2020. The chip-equipment maker’s sharp selloff came as part of a broad move in semiconductor stocks, with the session’s loss marking the stock’s worst one-day performance in more than five years.

TREE NEWS reports: SpaceX, the space exploration company owned by Elon Musk, closed down 9.1%, wiping $198 billion off its market value in a single day. The one-day loss is the largest single-session decline reported for the company in the material provided.

TREE NEWS update: Western Digital reported first-quarter net revenue of $4.38 billion, topping analysts’ $4.15 billion estimate. The stock closed down 6.43% at $354.19 before rising 3.7% in after-hours trading following the results.

TREE NEWS reports: The S&P 1500 Homebuilder Index climbed 6% on the day, marking its largest single-day advance since June. The move reflects a sharp rally across homebuilding stocks. No further details were provided.

TREE NEWS reports: US stocks closed lower on Oct. 23, with the Dow down 0.02%, the Nasdaq down 2.88% and the S&P 500 down 1.17%. SPCX fell 9.37% and SanDisk (SNDK) dropped 8.45%, while SKHY lost 8.07%, AMD 7.96%, Riot Platforms (RIOT) 7.92% and Intel (INTC) 7.80%.

TREE NEWS reports: The Nasdaq Golden Dragon China Index closed down 1.2% in preliminary trading, with Chinese ADRs broadly lower. VNET fell 8.9%, Zai Lab dropped 8.8%, Hesai lost 8%, and GDS and Canadian Solar each fell more than 6%, while Alibaba slipped 2.5% and Baidu 1.1%. Among ETFs, CQQQ fell 2.9% and KWEB 2.3%, with NetEase Youdao rising 4.7% and Tencent Music gaining 1.6%.

TREE NEWS reports: US memory-chip stocks fell 8% in preliminary close, with the Philadelphia Semiconductor Index down 6.7% and the AI Winners Index down 6.2%. The S&P 500 slipped 1.2% as telecom dropped 3.1% and tech 3%, while the Nasdaq 100 fell 2.9%; Moderna lost 18%, Lam Research and Lumentum fell over 11%, and Meta dropped 7%.

TREE NEWS reports: The Philadelphia Semiconductor Index fell 7% intraday, with heavy losses across major chip stocks. Nvidia dropped 4.61%, Broadcom 4.48%, Micron 6.61%, Intel 8.40%, AMD 8.79%, Qualcomm 3.14%, TSMC 4.84% and ASML’s ADR 6.92%.

TREE NEWS update: Lockheed Martin shares rose as much as 9% after the U.S. market open and were up more than 6% after the company raised its full-year earnings forecast. The defense contractor announced a multi-year F-35 Lightning II production and sustainment framework agreement with the U.S. War Department covering 850 aircraft over 10 years, including initial spares, modification kits and maintenance, plus international orders for Lots 21-30. The deal targets 156 jets per year, pending congressional approval of multi-year procurement authority and funding.

TREE NEWS update: Meta will give shareholders one free non-voting share for every share they hold in January, creating a mechanism to raise equity for AI spending without diluting Mark Zuckerberg’s 60.6% voting stake. The move lets the company issue new stock for its AI buildout while keeping Zuckerberg in control of the company.