Flash News

TREE NEWS update: Lululemon reported Q2 net revenue of $2.42 billion, missing the analyst estimate of $2.46 billion. Comparable sales fell 9% on a constant-dollar basis, worse than the expected 4.28% decline. The company cut its full-year forecast, now expecting net revenue of $10.35-$10.50 billion and EPS of $9.48-$9.73, down from prior guidance. Shares dropped 18% in after-hours trading.

TREE NEWS update: Oura, a smart ring maker, has filed for a US initial public offering, aiming to list its shares on the Nasdaq under the ticker symbol OURA. The company did not disclose terms of the offering in its filing.

TREE NEWS reports: Ciena (CIEN) shares closed down 10% on [date], marking the steepest single-day decline since June 4. The drop follows [reason if stated, but not provided]. Investors reacted to [market conditions or news, but not specified]. The stock’s decline highlights ongoing volatility in the networking sector.

TREE NEWS reports: Tyson Foods shares closed down 7.3%, marking their largest single-day decline since May 2025. The drop reflects investor reaction to recent developments, though no specific catalyst was detailed in the report. The stock’s performance underscores ongoing volatility in the consumer staples sector.

TREE NEWS reports: The Schwab Crypto Thematic Index closed up 9.2% on Tuesday, reflecting a broad rally in crypto-related equities. The gain underscores renewed investor interest in digital asset markets.

TREE NEWS reports: The Nasdaq Golden Dragon China Index preliminary closed down 0.8%. Among popular Chinese ADRs, Yum China fell 2.2%, Xiaomi dropped 2%, while NetEase, New Oriental, and Meituan each lost over 1%. Pinduoduo declined 0.7% and Alibaba slipped 0.1%. In contrast, BYD gained 1.1%, Baidu rose 1.3%, WeRide advanced 2%, and Pony.ai climbed 2.4%.

TREE NEWS reports: The S&P 500 provisionally closed up 1%, with consumer discretionary up 1.6% and financials, telecom, tech, and real estate each gaining over 1%, while energy fell 0.6%. The Nasdaq 100 rose 1.1%, led by Strategy up 17.4%, Palantir up 7.6%, and Tesla up 5.5%, with declines in Applovin, Western Digital, ASML, Broadcom, and Kraft Heinz.

TREE NEWS update: Coinbase has filed registration documents with the U.S. Securities and Exchange Commission (SEC) to offer perpetual warrants on its stock in the United States. The filing marks a step toward the new securities product.

TREE NEWS reports: Hong Kong’s Hang Seng Index main continuous night session closed up 1.11% at 25,421 points. The Hang Seng Tech Index main continuous night session rose 1.32% to 4,528 points.

TREE NEWS update: Volkswagen’s turnaround plan includes an additional 50,000 job cuts worldwide. The move is part of broader cost-saving efforts. Volkswagen’s US-listed shares (VWAGY) rose 4% following the announcement.

TREE NEWS update: Revolut said it received preliminary approval from the Office of the Comptroller of the Currency (OCC) to become a US bank, marking an important step toward its US banking ambitions. The conditional approval allows the fintech to proceed with establishing a national bank charter, subject to meeting certain requirements.

TREE NEWS reports: Bitcoin ETFs rebounded with $101.15 million in daily inflows on Wednesday, snapping a losing streak after their worst outflow since July. Meanwhile, Ethereum funds broke a 12-day winning run and XRP funds ended an 11-session streak.

TREE NEWS reports: Goldman Sachs Asset Management co-head of client portfolio management Katherine Bordlemay predicts US equities will continue to rise with volatility, with individual stock swings masking calm in major indices. Earnings, not valuations, are the main buffer against rising Treasury yields. She is optimistic on unloved sectors, particularly US healthcare and international developed markets.

TREE NEWS update: ProCap Financial, Anthony Pompliano’s bitcoin treasury company, sold about 50 BTC to repurchase over 2% of its outstanding shares at a roughly 40% discount to net asset value (NAV). As of September 2, it held about 5,305 BTC. The company said cumulative buybacks now represent about 10% of shares outstanding, and it will continue evaluating buybacks when shares trade at significant discounts to NAV.

TREE NEWS update: Apple is facing a £2 billion ($2.7 billion) class action lawsuit filed by app developers, who allege the company abused its market dominance by imposing stricter App Tracking Transparency (ATT) rules on third-party apps to favor its own advertising business. The lawsuit, reported by Reuters, comes ahead of Apple’s new product launch. Developers claim the restrictions caused significant losses for businesses relying on Apple’s platform.

TREE NEWS update: Sony has dismissed a $508 million claim from PS5 buyers seeking refunds over tariffs, calling it ‘illogical.’ The company raised PlayStation prices for a second time in March, five weeks after the tariffs were struck down, complicating the legal dispute.

TREE NEWS reports: A whale known as ‘Set 10 Big Goals’ said on X that Bitcoin has firmly held $80,000 and is aiming for $100,000, calling it the ‘last chance to get in.’ The whale’s chart showed crypto-related stocks and ETFs like IBIT, CRCL, and MSTR trading sharply higher today.

TREE NEWS update: NVIDIA announced that RTX Spark Windows personal computers will hit the market in October. The new systems integrate RTX GPUs to deliver enhanced AI and graphics performance for consumers.

TREE NEWS reports: US imports of refined copper and alloys surged to 225,094 metric tons in July, the highest monthly level since records began in 1990. The figure marks a 78% jump month-over-month and an 8% rise year-over-year, driven by traders rushing shipments ahead of potential US tariffs.

TREE NEWS reports: SharpLink (SBET) shares jumped 10.19% intraday to $8.93 on September 3. The move reflects a notable gain for the stock during the trading session.