
Copart Stock Jumps 9% After $1.9B Bid for ACV Auctions
Copart (CPRT) pays a 45% premium for ACV Auctions to enter the $10.4B dealer-to-dealer wholesale market.
Daily Digest
Daily Digest
Pomegra Briefs - Page 49 of 52
Short, sourced summaries of the biggest market stories - what happened, why it matters, the key numbers, and what to watch next

Copart (CPRT) pays a 45% premium for ACV Auctions to enter the $10.4B dealer-to-dealer wholesale market.

Enflame (688801.SS) surges after its $911M IPO, completing China's four-dragon AI chipmaker lineup.
Brent at $101 fueled August's in-line 3.4% CPI; S&P 500 (^GSPC) on edge with the Sep. 16 Fed hike at 73%.
Astera Labs (ALAB) surged 12% on S&P 500 speculation and Citi TMT buzz, with Q2 revenue up 104% to $392.4M.

Palantir (PLTR) falls 6% to $169.46 as profit-taking follows August's 48% surge amid 10-year yield at 4.9%.
Kroger (KR) Q2 comparable sales hit just 1.2% vs. 1.8% forecast; tariffs and soft spending squeeze margins.
Oracle (ORCL) beat Q1 EPS by $0.18 as cloud infrastructure revenue surged 121% and backlog hit $664B.

Adobe (ADBE) slid ~3% as CEO Narayen's exit to Anil Chakravarthy overshadowed a $6.76B Q3 revenue beat.

Osmosis (OSMO) paused Alloyed BTC (allBTC) after a Nomic bug left 36% of its Bitcoin backing unbacked.

Macy's (NYSE: M) fell 5% to $20.45 Thursday as investors questioned tariff-refund-driven guidance despite a Q2 beat.

RH (NYSE: RH) options price a 12% earnings move as tariffs and weak gallery traffic pressure the stock after a 17% YTD drop.

MetaMask splits from Consensys to run as an independent firm under Joe Lubin, its co-founder and CEO.
The ECB's second 2026 hike lifts euro area borrowing costs as officials fight a fresh inflation spike.

Soybean futures (CBOT: ZS) hold near $13 as China eyes $30B tariff cuts before the Sept. 24 Xi-Trump summit.

Google (GOOGL) will invest €13B in Finnish data centers, backed by a 22-year nuclear power deal.
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