Flash News

TREE NEWS reports: UBS Asset Management’s Europe head Sonja Laud said the AI investment boom is creating an interconnected risk network that markets are significantly underestimating. Laud, who also serves as co-head of investments and real assets, said most investors do not understand how much true AI exposure they carry across public markets, private markets and equities through a “debt network.” She warned that returns may fall short of expectations as the story shifts from equities to balance sheets.

TREE NEWS update: China successfully launched the Tanyuan Plan Pathfinder satellite, state broadcaster CCTV reported. The launch marks a step in the country’s Tanyuan Plan, a space science initiative. No further details on the rocket type, launch site or orbital parameters were provided in the initial report.

TREE NEWS update: European Central Bank Governing Council member Gabriel Makhlouf said financing conditions have tightened following a rise in yields. Upside risks to inflation remain, though price pressures are largely confined to the energy sector, he said. The remarks point to continued caution on the inflation outlook even as the ECB weighs the path for policy rates.

TREE NEWS reports: The London Metal Exchange’s one-day aluminium spread reached $31.73 per tonne, the widest since 2021. The spread reflects the premium for near-dated aluminium over the following day’s contract on the LME. The exchange did not give a reason for the move in the material provided.

TREE NEWS reports: US mortgage applications rose 6.2% week-over-week in the week ended November 6, reversing a 1.2% decline the prior week. The weekly index tracks application activity for home purchases and refinancings across the US mortgage market.

TREE NEWS reports: Nvidia is scheduled to report fiscal 2027 third-quarter results on Nov. 17 at about 13:20 ET, with its $108 billion revenue guidance, plus or minus 2%, the key figure. The company’s second-quarter revenue was $96.221 billion, up 106% year on year, with data-center revenue of about $89 billion. Nvidia guided third-quarter GAAP and non-GAAP gross margin to 74%, down from 75% in the prior quarter. NVDA closed at $168.89 on Nov. 10, down 5.47%.

TREE NEWS reports: Barclays reported a $187 million stake in BlackRock’s Bitcoin ETF as of Sept. 30, a 48% increase, while Citigroup disclosed a new $119 million position in Fidelity’s Bitcoin ETF. The filings show major banks expanding their exposure to spot Bitcoin funds.

TREE NEWS update: Moore Threads will hold its 2026 MUSA Developer Conference (MDC 2026) in Beijing on Dec 29-30, the company said. Founder, Chairman and CEO Zhang Jianzhong will lay out a full-stack compute roadmap built on its full-function GPUs and outline advanced architecture evolution, with more than 10 new products, technologies and solutions expected to be released. Reports have said the S6000 compute card and the ‘Lushan’ series based on the next-generation ‘Huagang’ architecture will go on sale by year-end.

TREE NEWS update: The Kremlin said Russian President Vladimir Putin is willing to engage with European counterparts, including German Chancellor Friedrich Merz. The statement did not specify a timeframe or format for any contact. No further details on the scope of the outreach were provided.

TREE NEWS reports: Baird lowered its price target on Nvidia to $200 from $500 and downgraded the stock to Neutral. The revision marks a sharp reduction in the firm’s expected upside for the chipmaker, though the note disclosed no further rationale in the material provided.

TREE NEWS reports: Average digital asset allocation across surveyed portfolios rose to 1.3% in October from 1.2% in July. Diversification was the top motivation for investing, cited in 40% of responses, while speculation fell to fifth place at under 9%. Bitcoin remained the asset with the most favored growth outlook, and bitcoin plus ether accounted for 47% of holdings responses.

TREE NEWS update: A Ukrainian negotiator attending trilateral talks with the U.S. and Russia in Abu Dhabi said on Dec. 11 that momentum is good for reaching a resolution to the Ukraine-Russia conflict before the end of the year. The negotiator added that the talks should not be trilateral but multilateral.

TREE NEWS reports: Bitcoin is the first cryptocurrency, a decentralized digital currency with a fixed supply of 21 million coins secured by Proof of Work and a peer-to-peer network. Its transactions are transparent but pseudonymous. The key beginner takeaway is that Bitcoin demonstrated how a network can record value transfers without relying on a single company, government, or bank to update the ledger.

TREE NEWS update: China Mobile, with partners, completed real-time transmission of a single-wavelength 1.6Tb/s signal over long-haul G.652.D backbone fiber using 230GBaud technology, setting the company’s longest record for single-wavelength 1.6T transmission. The trial, disclosed on the 11th, is expected to push the performance of 1.6T optical transmission systems to a new level.

TREE NEWS update: Jared Kushner, son-in-law of US President Donald Trump, said on 11 February that he will travel to Moscow the next day to meet Russian President Vladimir Putin, following trilateral US-Russia-Ukraine talks in Abu Dhabi. Kushner described the second day of the Abu Dhabi talks as difficult but substantive, saying participants discussed all major issues and held a “good exchange of views.”

TREE NEWS update: Wang Huning, a member of the Political Bureau Standing Committee of the CPC Central Committee and chairman of the National Committee of the Chinese People’s Political Consultative Conference, met in Beijing on Nov. 11 with Cuban Communist Party Politburo member and Foreign Minister Bruno Rodríguez, who was visiting as a special envoy of the Cuban party and government. Wang said China’s commitment to long-term friendship with Cuba is unchanged and that Beijing firmly supports Cuba’s just struggle against sanctions, blockades and foreign interference.

TREE NEWS update: US special envoy Jared Kushner said a meeting between Ukrainian President Volodymyr Zelensky and Russian President Vladimir Putin would be great, while the Russian side wants to see more progress before any leaders’ summit. No date or venue for such a meeting was given.

TREE NEWS reports: Centralized exchange spot trading volume fell 9.7% month-over-month to $1.02 trillion in October, ending a two-month streak of gains and running 60.6% below the same period last year. Derivatives volume slipped 1.7% to $3.87 trillion but rose to 79.1% of total CEX volume from 77.6% in September. Decentralized exchange spot volume dropped 20.7% to $213 billion, while DEX futures rose 5.26% to $659 billion.