
Nasdaq Sets Record 27,244 as Chip Stocks Surge on Trump-Xi Summit
Nasdaq (^IXIC) notched an all-time close as Intel gained 12%, AMD crossed $1 trillion, and oil slid 4%.
Daily Digest
Daily Digest
Pomegra Briefs - Page 35 of 52
Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next

Nasdaq (^IXIC) notched an all-time close as Intel gained 12%, AMD crossed $1 trillion, and oil slid 4%.

Quest Diagnostics (DGX) and Labcorp (LH) drop after CMS proposes 15% 2027 Medicare lab test payment cuts.
Vicor (VICR) doubled its Q3 growth forecast to over 20% after four AI companies signed power-delivery deals.
Cracker Barrel (CBRL) reports $0.99 EPS vs. $0.10 estimate, a third straight beat now 84% YTD.

On Holding (ONON) surges on CHF 5.6 billion 2029 target, $1 billion buyback, and football and golf entry.

McDonald's (MCD) posts its worst one-day drop in six years as Burger King same-store sales outrun it 10-to-1.

Royal Caribbean (RCL) drops 6% after paying $3 billion for a 50% stake in Sandals in its biggest deal ever.

Spot gold (XAU/USD) drops 1.1% Wednesday as Fed officials back higher rates, erasing the week's $66 gain.

MetLife (MET) upgraded to Overweight by Piper Sandler, which raised its price target to $110 from $99.
General Mills (GIS) beat Q1 EPS estimates with $0.75 but profit still fell 13% with organic sales flat.
IonQ (IONQ) peaked 12% Wednesday on a CPU-only error decoder running 31.5M quantum ops and a new Nvidia deal.

KB Home (KBH) dropped as Q4 gross margin guidance of 16.3% missed the 17.2% target, erasing a 17% Q3 EPS beat.

Worthington Enterprises (WOR) Q1 revenue hit $343.9M, up 13%, beating estimates as data center sales surged.
WTI crude (CL=F) slid 1.2% on Tuesday as Saudi's pipeline restart countered Trump's UNGA Iran deal delay.

NSE of India (NSE:BSE) prices at ₹1,785; 5.71x subscription fuels a ₹1,844 grey-market debut estimate.
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