Gold Drops to $4,100 as Rate-Hike Odds Climb
Gold (XAU/USD) logs a third straight loss and silver slides over 5% after hot US inflation data
Daily Digest
Daily Digest
Pomegra Briefs - Page 12 of 52
Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next
Gold (XAU/USD) logs a third straight loss and silver slides over 5% after hot US inflation data
Hewlett Packard Enterprise (HPE) rallied 186% this year, but Barclays sees no AI boost yet; Dell fell 10.3%

BlackRock (BLK) reported $15.93 adjusted EPS on $7.75B revenue, but shares faded on inflation worries.

Netflix (NFLX) is trimming 6% of its staff as viewing growth slows, with shares down about 25% this year.

The 10-year Treasury yield (US10Y) rose as September CPI hit 3.7% and core inflation reached 2.6%.

Tesla (TSLA) closed at $375.23 as regulators weigh a petition over about 1,000 vehicles speeding near schools
SpaceX (SPCX) closed at $156.54 as a China memory-chip scare hit AI stocks, though Morgan Stanley sees $300.
Brent crude (BZ=F) is up 0.9% on Wednesday after a Houthi missile hit an Aramco office, causing no injuries.

Domino's (DPZ) beat profit estimates, but U.S. same-store sales rose just 0.3% as shoppers cut spending.

ASML (ASML.AS) reported record €11.7B quarterly sales, and customers are now asking about 2029–2030 orders
Bank of America (BAC) faces $1.21B in penalties for late reports of over $5B in suspicious transactions.
Kioxia (285A) sank 13% and SoftBank (9984) slid as fears over China's memory chip progress spread

Fair Isaac (FICO) closed near $740 as the top mortgage lender kept FICO scores and a 15% job cut began.

Flex (FLEX) fell to about $109 as investors balked at a $37.5B value for its Axiom cloud and power unit.
Albertsons (ACI) began a review to cut costs and prices; shares are still down 27% this year.
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