Flash News

TREE NEWS reports: The MSCI Nordic Countries Index fell 0.7% to 394.02 points, with the Nordic industrials sector posting the steepest decline among the ten sectors. Boliden AB closed down 3.5%, the weakest performer among Nordic stocks.

TREE NEWS reports: Germany’s DAX 30 index fell 1.51% in the preliminary close to 25,236.69 points. France’s benchmark index declined 1.43%, Italy’s fell 1.86% with its bank index down 2.75%, and the UK index dropped 1.29%. The declines across major European markets reflected broad selling pressure.

TREE NEWS reports: The Nasdaq 100 extended its gain to 2%, led by Marvell Technology up 7.2%, SanDisk up 7.8%, Datadog up 7.2% and Western Digital up 6.8%. A storage-chip index climbed 5.9% to a fresh intraday high, while the S&P 500 rose 0.9%.

TREE NEWS reports: Investment bank StoneX reiterated its “buy” rating on Galaxy Digital (GLXY) and maintained a $57 price target, arguing the market undervalues the company’s AI data center business and effectively assigns no value to its digital assets operations. The call comes as investor concerns focus on rising borrowing costs at CoreWeave, which had $35.6 billion in outstanding debt as of the end of June.

TREE NEWS update: SkyAI has sold its entire Solana treasury and now holds $223.8 million in cash, the company said as it launched a $201 million buyback. The $3-per-share buyback will run through Oct. 29.

TREE NEWS reports: The CBOE Volatility Index (VIX) dropped 12.5% to 17.47, signaling a sharp decline in market fear. At the same time, the S&P 500 rose more than 0.8%, reflecting a risk-on tone in U.S. equities.

TREE NEWS update: GOGO Tech Holding Limited, formerly known as GOGOX Holdings, plans to sell all equity in its mainland China subsidiary for 1 yuan and rename itself GOGO Tech. After the deal, the group will cease operating under the GOGOX brand in mainland China and shift focus to Hong Kong and other overseas markets. The company reported annual losses of 1.209 billion yuan, 1.101 billion yuan, 194 million yuan and 163 million yuan from 2022 to 2025, totaling over 2.6 billion yuan.

TREE NEWS reports: Tom Lee’s Ethereum treasury company Bitmine saw the value of its combined holdings drop to $15.1 billion, marking a second consecutive weekly decline as a lower ether price offset continued buying. The firm kept its weekly ether purchases near last week’s pace even as the value of its stash fell.

TREE NEWS reports: Amazon shares rose 4.1% intraday, the biggest single-session gain since August 28, after Morgan Stanley raised its price target on the stock to $350. The move marks the largest intraday advance for the e-commerce and cloud group in more than a month.

TREE NEWS update: E Fund Global Growth Select Mixed QDII, managed by Zheng Xi, will resume subscriptions and regular investment from Oct. 20, with RMB shares capped at 10,000 yuan per day and USD shares at $1,400 per day. The fund had been closed to new money since early July. Zheng’s two A-share funds will also remove large-subscription caps and return to normal subscriptions on the same date.

TREE NEWS update: China Securities Regulatory Commission Chairman Wu Qing said the regulator has approved the registration of the first 18 active ETFs, calling it a key step in promoting fund product innovation and bringing more incremental capital into the market. The remarks were made at the opening of the 2026 Financial Street Forum. Zhongyuan Securities chief economist Deng Shubin said the move marks a shift in long-term capital entry from passive broad-based index exposure to active management via transparent, standardized vehicles.

TREE NEWS reports: The S&P 500 rose 0.7% to set a new intraday high, while the Nasdaq 100 climbed 1.5%. The moves marked a broad advance in U.S. equities, with the tech-heavy index outpacing the benchmark. No specific catalyst was cited in the data.

TREE NEWS update: China’s listed companies reported combined first-half revenue of 37.7 trillion yuan and net profit of 3.6 trillion yuan, up 19.5% year on year to a near three-year high, China Securities Regulatory Commission Chairman Wu Qing said at the opening of the 2026 Financial Street Forum. Dividends and buybacks reached 2.1 trillion yuan in the period, 2.7 times the combined IPO and refinancing volume, he said.

TREE NEWS reports: Bitwise bought 127,241 LINK tokens, worth about $1.54 million, through its Chainlink ETF roughly half an hour before the report. The asset manager now holds 5.018 million LINK, valued at approximately $60.21 million, at an average purchase price of about $10.6. For comparison, Grayscale’s LINK holdings are worth close to $126 million.

TREE NEWS reports: Jefferies shares fell as much as 4.8% on Wednesday, touching their lowest level since April 7. The move extends a recent pullback in the investment bank’s stock, though no specific catalyst was cited in the available market data.

TREE NEWS update: SkyAI has sold its entire Solana treasury and launched a $201 million tender offer, reporting $223.8 million in cash. The company dropped the SOL-price condition attached to the offer while keeping a $3 per-share price that Bastion Trading is challenging.

TREE NEWS update: Strive purchased 1,223 bitcoin for about $100 million, paying an average of roughly $81,734 per coin. The purchase follows the 2,822 BTC the company acquired earlier last week and brings its total holdings to 36,818 BTC.

TREE NEWS update: Solana treasury company SkyAI, formerly Sharps Technology, has sold its entire Solana position, cutting holdings from over 2 million SOL in September to zero as of October 16. The company now holds $223.8 million in cash and has launched a buyback program of up to $201.3 million at $3 per share or warrant.

TREE NEWS reports: The Nasdaq rose 1.1% at the open, while the Philadelphia Semiconductor Index gained more than 3%. Memory chip stocks led gains, with SanDisk up about 7%, Western Digital and Micron each up about 5%, and SK Hynix up about 4%. Optical stocks also climbed, including Marvell and Credo at about 5% and 4%, respectively. X-Energy rose about 6% after teaming with AEP and Amazon on a 960-megawatt advanced nuclear project.

TREE NEWS reports: The Dow opened down 0.05% while the S&P 500 rose 0.53% and the Nasdaq gained 1.06%, with the VIX falling 8.25%. AI-related stocks led gains: Teradyne rose 5.08%, Marvell 4.83%, CoreWeave 4.76%, Astera Labs 4.22% and AMD 3.79%. The data was published by RWA trading platform MSX, which lists hundreds of tokenized US equities and ETFs including Nvidia, GOOGL, MSFT, AMZN, META, TSM and AMD.