Flash News

TREE NEWS reports: Berkshire Hathaway’s Class B shares rose about 0.6% to $543.06, setting an intraday record high. The Class A shares also climbed more than 0.5% to $814,027.80, likewise an all-time high.

TREE NEWS reports: The S&P 500 index turned negative, while the Nasdaq 100 was up 0.5% at the same time. No further details on the scale or timing of the moves were provided.

TREE NEWS reports: Apple stores will have a limited supply of the iPhone Duo available on Friday. The constrained inventory suggests the new model may be in short supply at retail locations on its first day of availability. No further details on allocation or expected demand were provided.

TREE NEWS reports: Nebius Group NV is seeing AI compute prices rise faster than anticipated, Chief Revenue Officer Marc Boroditsky said, adding that the company is not in CoreWeave’s position because “we don’t carry the same debt they do.” New compute capacity coming online in 2027 would be booked quickly, with similar supply-demand dynamics possible in 2028, supporting long-term demand as enterprises compete for compute resources.

TREE NEWS update: Joyoung Co. said its closing prices on Oct. 20 and Oct. 21, 2026, produced a cumulative deviation of 21.18% over two consecutive trading days. As of Oct. 20, its trailing and static price-to-earnings ratios stood at 235.24 and 133.35, versus industry levels of 18.99 and 19.92. The company holds a 7.92% stake in Deep Thinking that is not consolidated, has no strategic partnership with Huawei, and holds an early-stage stake in Xiangke Intelligent via a wholly owned subsidiary.

TREE NEWS reports: The Nasdaq Golden Dragon China Index dropped more than 2%, with Xpeng Group falling over 5% and Alibaba and JD.com each declining nearly 3%. The move reflects a broad selloff across US-listed Chinese stocks.

TREE NEWS reports: SpaceX shares rose as much as 10%, marking the stock’s biggest single-day advance since August. The move extends the space company’s gains, though the material did not specify a closing price or the catalyst behind the rally. SpaceX is privately held and its shares trade on secondary markets.

TREE NEWS reports: Memory-chip stocks weakened in U.S. trading, with SanDisk down 0.6% after rising as much as 3.5% early in the session. Gains in Micron Technology and SK Hynix narrowed to less than 2%.COM data. The pullback marks a reversal from the sector’s stronger opening.

TREE NEWS reports: At the US market open, major sector ETFs traded mixed, with the semiconductor ETF and the global technology stocks index ETF each gaining more than 1%. The healthcare sector ETF fell 0.5%.

TREE NEWS reports: SpaceX (SPCX.O) shares opened 8% higher after the company reported third-quarter revenue of $14.6 billion, up 161% year on year. Elon Musk said annual recurring revenue could reach $500 billion to $1 trillion by the end of 2027. Memory stocks also led US equities higher, with SK Hynix (SKHY.O) and SanDisk (SNDK.O) up 4%, Micron (MU.O) up 3% and Nvidia (NVDA.O) up 2%.

TREE NEWS reports: SpaceX shares rose as much as 10% on the session, marking the stock’s largest single-day gain since August. The move extends an advance in the private space company’s equity, though the material did not specify the trading venue or the catalyst behind the rally.

TREE NEWS reports: The Philadelphia Semiconductor Index rose more than 2% in early US trading, with the Dow up 0.3%, the S&P 500 up 0.3% and the Nasdaq up 0.6%. SpaceX climbed about 8% after third-quarter revenue reached $14.58 billion, up 161% year on year, as AI revenue surged 830% to become its largest source; Super Micro rose about 11% on preliminary first-quarter revenue well above expectations, while Netflix fell about 6% on weak fourth-quarter guidance.

TREE NEWS reports: US stocks opened higher, with the Dow up 0.15%, the S&P 500 up 0.26% and the Nasdaq up 0.61%, while the VIX fell 1.96%. AI-related shares led gains: Super Micro rose 11.5%, Dell 8.2%, Arista Networks 3.89%, Marvell 3.68% and Astera Labs 3.63%. The data was published by MSX, an RWA trading platform that lists hundreds of tokenized US stocks and ETFs including Nvidia, GOOGL, MSFT, AMZN, META, TSM and AMD.

TREE NEWS reports: The S&P 500 opened 23.86 points higher, up 0.31%, at 7,736.43. The Dow Jones Industrial Average opened up 156.97 points, or 0.30%, at 52,652.85. The Nasdaq Composite opened up 176.92 points, or 0.67%, at 26,601.73.

TREE NEWS update: Zhang Yiming, managing director of CICC and head of its global equities management committee, said China’s AI industry trend has not changed, with only the market’s calibration of pricing logic shifting. He made the remarks on the 21st during an interview at the 2026 Financial Street Forum’s sub-forum on building a new capital market ecosystem for SMEs.

TREE NEWS update: Rongbai Technology’s Korean subsidiaries JS Old and JS New plan to lease the Chungju plant and related production assets to Korean AKB, a related party of the controlling shareholder, covering 67,000 tonnes per year of high-nickel ternary cathode capacity. The initial six-month term carries monthly rent of 38.84 billion won (about 18.99 million yuan), or 23.304 billion won (about 114 million yuan) over six months. A ten-year lease intent would total 466.08 billion won (about 2.279 billion yuan), submitted to shareholders.

TREE NEWS update: Changchuan Technology said it expects net profit attributable to shareholders of 1.715 billion to 1.815 billion yuan for the first three quarters of 2026, up 98.17% to 109.73% year on year. The company attributed the increase to sustained growth in semiconductor market demand, strong customer demand and ample product orders, which drove a sharp rise in sales revenue. Non-recurring gains are expected at about 48 million yuan, mainly from government subsidies.

TREE NEWS update: Dongan Engine announced its shares rose by the daily limit for four consecutive sessions from Oct. 16, gaining 46.46% cumulatively, while fundamentals have not materially changed. The auto parts maker clarified that media outlets had labeled it a flying car concept stock, saying it does not engage in complete flying vehicle manufacturing and only supplies range extenders for a customer’s flying car under development.

TREE NEWS update: eBay is cutting about 9% of its workforce as part of an effort to simplify its operations, the company said. The reduction affects roughly 9% of the online marketplace’s employees. eBay did not specify the number of jobs affected or the timing of the cuts.

TREE NEWS update: The Shanghai Stock Exchange on Oct. 21 issued a regulatory warning to Nanwei Software Co. and its then-board secretary Zhang Yuan, saying the company’s media interviews and replies on the SSE e-interaction platform did not accurately reflect its AI short-drama and intelligent computing center businesses. The exchange said the disclosures lacked sufficient risk warnings and were only clarified after regulatory prompting, potentially misleading investor decisions.