Daily Digest
Daily Digest
Pomegra Newswire
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
Tesla unveiled its long-delayed Roadster with SpaceX gas thrusters as TSLA slides toward Oct. 21 Q3 earnings and an NHTSA robotaxi probe clouds the outlook.
Read article →
Netflix (NFLX) is cutting about 1,000 jobs, or 6% of its workforce, its largest layoff since 2022, less than a week before third-quarter earnings on Oct. 20.
The Trump administration is weighing sanctions relief for shadow fleet tankers to curb record freight rates, days after a Russian diesel sanctions waiver.
The IEA will release over 20 million barrels of emergency diesel and speed up March's record stock draw, but the volume covers under one day of global demand.
Ukraine struck Rosneft's Ryazan refinery after a three-day pause, as Zelenskiy said "we're done" and called the US withdrawal of intelligence sharing dangerous.
CoreWeave stock rebounded about 6% Thursday after a 15% Wednesday plunge, as Nvidia's Jensen Huang ruled out a backstop and credit swaps hit a record.
Alcoa (AA) rose about 2% after hours on Q3 adjusted EPS of $1.82 versus $1.47 expected, while Interactive Brokers and J.B. Hunt slipped 1-2% on Oct. 15.
Wall Street's Dow industrials average rose 1.08% on Thursday as investors rotated out of AI and chip stocks after hot CPI and PPI inflation readings.
Charles Schwab posted record Q3 2026 revenue of $7.2 billion and $190 billion in new client assets, but SCHW shares fell after guidance pointed to the low end of ranges.
Character.AI filed for Chapter 11 on Oct. 12 with Disney opening bidding at $20M for a perpetual IP license; the platform winds down if no buyer emerges.
Thoma Bravo-backed Proofpoint will pay $49.75 a share for cybersecurity firm Varonis, a 52% premium to its pre-rumor price, with closing expected in the first half of 2027.
The GFS Pride sank in the Strait of Hormuz and a second Singapore-flagged ship was hit, pushing Brent near $106 weeks before the US midterm elections.
The Pentagon has drawn up options to use the 21,600-pound MOAB on Iranian nuclear and energy sites, lifting escalation risk and oil prices in the six-month war.
Walmart (WMT) rose more than 2% after Deutsche Bank upgraded the retailer to Buy, citing margin gains from advertising, membership and automation into 2027.
US retail sales rose 0.8% in September, beating forecasts, but a 0.2% gain excluding gas stations points to prices, not demand, as interest rates stay in focus.
Rocket Lab (RKLB) fell about 10% after pushing Neutron's debut to 2027 on a dome manufacturing defect, leaving Electron and a $2.36B backlog to carry growth.
Penske Automotive Group (PAG) will go private at $212 a share in cash under a $16.3 billion deal with Penske Corp. and Mitsui, an 8.8% premium to Wednesday's close.
US producer prices rose 1.3% in September and 6.3% from a year earlier, the biggest annual gain since 2022, pushing interest rates back to center stage.
Nvidia (NVDA) fell 3.2% to $221.30 and led a global chip selloff after hot CPI, as CEO Jensen Huang said it would cut off buyers developing unsafe AI.
ASML posted record Q3 2026 sales of €11.7 billion and a sharp earnings beat, yet its shares sank to a 20-day low as the good news was already priced in.
BlackRock stock rose about 3% after Q3 2026 adjusted EPS of $15.93 beat the $14.13 estimate, as $15.5 trillion in assets and $205B of inflows lifted profit.
Bank of America (BAC) shares fell nearly 5% after a $1.2 billion FinCEN penalty and a Q3 2026 earnings miss, as EPS dropped to 91 cents from an expected $1.10.
Bending Spoons shares jumped 41% after Berkshire Hathaway agreed to invest $330 million more, lifting its stake to about 4% of the Nasdaq-listed company.
Apple (AAPL) closed above a $5 trillion market cap for the first time on Oct. 14, the second company after Nvidia, as the Nasdaq fell 1.9% on hot inflation.
Albemarle (ALB) shares rose about 3% after Mizuho upgraded the lithium producer to Outperform from Neutral, saying lithium demand is running ahead of expectations.
GameStop (GME) shares gained after CEO Ryan Cohen bought 844,130 shares for about $22.8 million, lifting his stake to roughly 9.1% including warrants.
TSMC (TSM) reports Q3 2026 earnings today, with net profit seen up about 65% to a record NT$746.3 billion as investors test AI demand amid a chip rout.
Russia fired 39 missiles and 128 drones overnight at Kyiv and Kharkiv, leaving about 600,000 without power days after Trump announced an energy ceasefire.
Hot September inflation lifted October Fed rate hike odds to about 46% while Brent crude topped $107 on Gulf tensions, pushing Bitcoin and gold lower.
Kospi sank about 7% and the Nikkei 4% as Samsung, SK Hynix and SoftBank slid on Fed rate-hike fears and AI-debt worries, hitting Asia's chip-heavy markets.
Pomegra