TREE NEWS update: MSCI will remove Strategy (MSTR) from its global standard index series, including the MSCI USA index, effective at the close on Nov 30, following its November index review. The decision follows new rules finalized Oct 15 under which companies whose assets are mostly non-operating and that trigger at least four of five financial criteria no longer qualify for inclusion. Funds tracking the indexes will have to sell Strategy shares, but Strategy itself does not need to sell any bitcoin.
TREE NEWS update: The Bank of Japan’s Toichiro Asada speaks in Nagasaki and the European Central Bank publishes its economic bulletin at 17:00 Beijing time. UK third-quarter GDP and Foxconn’s third-quarter results are due at 15:00, while US initial jobless claims for the week ended Nov. 7 are released at 21:30. Fed Governor Barr discusses AI and other topics at 23:00, followed overnight by remarks from ECB President Lagarde and San Francisco Fed President Daly.
TREE NEWS reports: Nvidia is preparing to remove CEO Jensen Huang, with the company’s board potentially meeting as early as Wednesday, The Wall Street Journal reported. Nvidia shares extended after-hours losses to 8% on the report, while AMD and Broadcom after-hours gains widened to 3%.
TREE NEWS reports: Twenty-one funds published contract-effective announcements on Nov. 11, raising a combined 38.62 billion yuan, as new fund launches accelerated ahead of year-end. As of Nov. 11, 1,557 new funds had been established in 2025 with total issuance of 961.704 billion yuan, putting the year’s haul close to the 1 trillion yuan mark.
TREE NEWS reports: CITIC Securities, China Securities, Huatai Securities and Shenwan Hongyuan have held their 2027 annual strategy meetings as of Nov 11, with several expecting more structural opportunities in A-shares and better investment chances in the second half than the first. Brokerages broadly see a volatile market that still breeds diversified structural plays, with active themes and a wider rally expected next year. They emphasize “balance” and “rhythm” in allocation, using dividend assets as a base while growth and cyclical names provide offense.
TREE NEWS reports: Nvidia shares extended their after-hours decline to 4% in U.S. trading. The move came after the chipmaker’s stock had already fallen in the regular session, with the after-hours drop deepening as trading continued. No further details on the cause of the decline were provided.
TREE NEWS reports: US stock index futures closed higher on Wednesday, November 11, in New York. Nasdaq 100 futures rose 2.17%, S&P 500 futures gained 1.29%, Dow futures advanced 0.56%, and Russell 2000 futures climbed 0.93%.
TREE NEWS update: Gree Electric Chairwoman Dong Mingzhu said the company will launch a new luxury-tier home appliance by the end of the year, positioned to “redefine the state of home appliances.” She said the product can be resold at its original price after ten years of use, aiming to break away from homogenized competition in AI appliances. The product category and technical specifications have not been disclosed.
TREE NEWS update: Brazil’s government on Wednesday proposed new spending controls expected to improve public finances by up to 60 billion reais ($10.8 billion) next year, Planning and Budget Minister Bruno Moretti said at a congressional hearing. One measure would cap real spending growth at 2%, below the current fiscal framework’s 2.5% ceiling, and pave the way for additional budget freezes if needed. Senator Jaques Wagner of President Luiz Inácio Lula da Silva’s Workers’ Party formally submitted the proposal in the Senate shortly after Moretti spoke.
TREE NEWS reports: CNN projects Democrat Colom has won the U.S. Senate seat in Mississippi. The projection hands the Democratic Party the seat in the state’s Senate race. No further vote details were immediately provided.
TREE NEWS reports: Broadcom shares rose 1.4% in after-hours trading as investors turned their attention to news from Nvidia. No further details on the move or the Nvidia developments were provided.
TREE NEWS update: The SEC is stepping into the dispute over whether its sister agency should have approved perpetual derivatives on individual stocks. The move puts the regulator at the center of a fight over which body has authority over the novel stock-based products. No further details on the SEC’s specific action were provided.
TREE NEWS reports: Several uncalled US House races still feature pro-crypto candidates alongside others with no stated digital-asset position, giving advocacy groups what they describe as an opportunity for outreach. The remaining contests could send additional crypto allies to Congress once results are finalized. No further details were provided.
TREE NEWS update: MSCI disclosed in its index review that it will add 13 stocks to the MSCI ACWI index and remove 100, the index provider said. The changes stem from the firm’s periodic index assessment. MSCI did not specify in the disclosure which securities are affected or when the changes take effect.
TREE NEWS update: MSCI disclosed in its index review report that Strategy (MSTR) will be removed from the MSCI Global Standard Indexes. The index provider’s assessment did not give a specific effective date for the deletion. The move affects the Bitcoin-holding company’s inclusion in MSCI’s flagship global equity benchmarks.
TREE NEWS reports: Spot gold fell 1.11% to $3,987.88 an ounce at the New York close on Wednesday, Nov. 11, after rising to a session high of $4,067 at 15:25 Beijing time and then sliding to a session low of $3,982.73 by 04:06. Spot silver gained 0.3% to $51.6871 an ounce, pulling back from a session high of $53.1855. COMEX copper futures rose 0.54% to $6.2680 a pound.
TREE NEWS reports: Nvidia CEO Jensen Huang had a relationship with a vice president at the company, people familiar with the matter said. The disclosure concerns a personal relationship between the chief executive and a senior executive at the chipmaker. No further details were provided.
TREE NEWS reports: Western Canadian Select’s discount to the monthly average of U.S. crude futures narrowed to $26.50 a barrel as of Wednesday, down from nearly $32 on Nov. 3, as surging tanker freight rates faded and international oil prices fell. The discount briefly tightened to $25 a barrel on Monday, the narrowest since early October. WTI futures have fallen about 16% this month on optimism over an end to the U.S.-Iran war, driving the spread narrower.
TREE NEWS reports: Stablecoin supply contracted by $14.2 billion over the past 30 days, the sharpest decline since June 2022, as weak ETF demand weighed on crypto markets. The drop in stablecoin liquidity left bitcoin “running on empty,” with the fastest supply contraction in nearly three years compounding soft exchange-traded fund inflows.
TREE NEWS update: Chinese Vice President Han Zheng met with Turkish President Recep Tayyip Erdogan. The meeting was confirmed in an official readout that gave no further details on the topics discussed or any agreements reached. No date or location was specified in the brief statement.