Pomegra
Photo: The Korea Times
South Korea Test-Flies First Hypersonic Weapon at Mach 5+ as Tensions Rise
The weapon hit its target days after North Korea's launch, while the Kospi (^KS11) fell 2.6% on inflation.
KS11012450:KRX
cp24.comneutral
Pomegra Briefs - Page 18 of 52
Market Briefs
Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next
Optical Stocks Slide: MaxLinear Down 12% on Profit-Taking
MaxLinear (MXL) fell 12.7% as Coherent, Lumentum and Applied Optoelectronics also dropped after a huge run.
Briefbearish
Oracle Stock Falls 5.5% on OpenAI Revenue Worries
Oracle (ORCL) traded near $135.69 as the Nasdaq 100 lost 1.4% and chip stocks slid on weaker OpenAI revenue.
Briefbearish
Broadcom Stock Falls 4.4% as OpenAI Chip Debt Talks Surface
Broadcom (AVGO) is seeking private loans from Apollo and Blackstone, topping $145B across three AI chip deals.
finance.yahoo.combearish
Dow Falls 0.4% as Oil Rebounds and Yields Rise
The Dow (^DJI) closed at 50,994.99 as the US trade deficit hit a 17-month high of $105.6B on record imports
^DJI^GSPC^IXIC
thestreet.combearish
Photo: Reuters via KSL.com
Pacira Stock Jumps 44% After Viatris Buyout Deal
Pacira BioSciences (PCRX) shares closed at $36.39 as Viatris agreed to pay $36.50 a share in cash.
PCRX:NASDAQVTRS:NASDAQ
newsroom.viatris.combullish
Photo: Nation's Restaurant News
Starbucks Stock Falls 3% After Chipotle Takeover Report
Starbucks (SBUX) slid as Chipotle (CMG) rose about 6% on a report of early, no-offer takeover interest.
newsroom.chipotle.commixed
Constellation Brands Stock Rises 2.4% After Earnings Beat
Constellation Brands (STZ) points to the high end of $11.20–$11.90 EPS guidance as Pacifico joins the top 10
Briefmixed
Haemonetics Stock Jumps 15% After CSL Plasma Device Deal
Haemonetics (HAE) shares hit $117.50 as CSL plans to switch every US plasma center to its devices by 2027.
Briefbullish
Photo: Euronews
Oil Rises to $91 After Qatar Tanker Attack
US crude (CL=F) was up after the tanker Acers was hit 500 km from Hormuz, stoking fears of wider Gulf attacks
CL=FBZ=F
Briefbearish
Photo: Ukrainska Pravda
EU Russia Sanctions Hit Record 1,646 Listings on Missile Chain
Over half target missile makers and 7 North Korean names are added; ministers vote formally on Oct. 12.
aol.co.ukneutral
Photo: Investing.com
Wolfspeed Stock Jumps 14% After $1.5B Defense Loan Offer
Wolfspeed (WOLF) trades near $35.89 as the Pentagon offers a 30-year loan with rights to buy up to 7.5%.
sec.govmixed
Asian Stocks Fall as Kospi Drops 2.6% on Oil and Yields
Kospi (^KS11) lost 2.62% to 6,625.93 while Japan's Nikkei fell 1.4%, as the 10-year US yield neared 5.32%.
^KS11^N225^HSI
investing.combearish
OpenAI Valuation Jumps to $1.4T as It Seeks Pre-IPO Funding
OpenAI (private) is in talks with MGX and BlackRock for $30B+; its last round valued it at $852B.
investing.combullish
Anthropic Eyes $100B IPO as Founders Keep Voting Control
Anthropic (no ticker yet) seeks a $2T valuation, and seven co-founders would keep 50.1% of votes.
Briefmixed
Page 18 of 52 · 776 briefs