
RBI Hikes Repo Rate to 5.50% as Inflation Rises
India's central bank lifted rates from 5.25%, its first hike since 2023, as oil topped $100 and the rupee fell.
Daily Digest
Daily Digest
Pomegra Briefs - Page 21 of 52
Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next

India's central bank lifted rates from 5.25%, its first hike since 2023, as oil topped $100 and the rupee fell.

Meta (META) trades near $743 as Wells Fargo lifts its target to $1,000 and Muse reaches small businesses

Constellation (CEG) gained after Alphabet's Google agreed to fund 890 MW of reactor upgrades; Oklo rose 8%.

Brent crude (BZ=F) trades near $100 as Hormuz flows hit 19.5–22.5M barrels a day, but diesel stays scarce.
Brent crude (BZ=F) ends up 0.3% as Saudi-backed forces retake Dhubab near the Bab el-Mandeb Strait.
Solana (SOL) trades near $121 as JPMorgan-informed DvP lets banks settle tokenized assets in seconds.

The S&P 500 (SPX) rose 0.58% as the 10-year yield slipped to 5.27%, a day after hitting a 24-year high.

Ciena (CIEN) closed near $445 as Nebius, Astera Labs and CoreWeave also rose on AI buildout hopes.

Marvell (MRVL) raised its fiscal 2028 sales goal to $20B vs the $18.2B consensus, on AI chip demand

Skydance (SKYD) closed at $9.51 on its NYSE debut as the $110B deal leaves it with about $80B in debt.

Trent (TRENT) led Nifty gainers as Indian stocks rose on cheaper crude, with Zudio hitting 1,000 stores

Brent (BZ=F) is near $98 while Iran's oil minister quits and its exports sit at zero under a US blockade.

Cerebras (CBRS) closed at $181.55 after falling 20% last week when OpenAI chose Nvidia chips.

Advanced Micro Devices (AMD) trades near $656 as Citi lifts its target to $800 and CEO Su vows more supply.

Option Care Health (OPCH) agreed to a $32.05-a-share cash deal from CD&R and McKesson, a 37% premium.
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