Daily Digest
Daily Digest
Pomegra Newswire - Page 10 of 108
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
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.
Skydance (SKYD) fell 23.8% to $7.06 on Oct. 14 as 471M warrants for Paramount investors split off, a mechanical price reset, not a signal of business weakness.
IonQ shares fell about 6% after it priced a $2 billion equity offering with warrants, pulling D-Wave and Rigetti down about 4% as dilution fears spread.
GlobalFoundries (GFS) will operate two Malta, New York chip fabs backed by up to $21 billion from Japan under the US-Japan trade deal; the first opens in 2029.
Dell tumbled as much as 11% and HPE and NetApp slid after Barclays cut all three to Equal Weight, citing rich valuations and limited enterprise AI growth.
A Houthi missile hit Saudi Aramco's Dhahran headquarters on October 13, damaging three floors and lifting Brent crude above $106 as Gulf tensions escalate.
CoreWeave fell 16% and Oracle 9% as bond yields neared 15%, stoking fears over AI borrowing and pulling the Nasdaq down nearly 2% on Wednesday, Oct. 14.
Micron Technology stock slid as much as 5% after China's CXMT flagged denser server memory by year-end, pulling Sandisk and other memory shares lower.
Bumble (BMBL) shares surged 56% after Ithaca Holdings agreed to a $1.3 billion all-cash takeover at $6.05 a share, a 138% premium to the October 9 close.
Nasdaq-listed Meta (META) rose 2.2% Tuesday after a 3.4% Monday gain on its Muse Wonder AI models, as Truist lifted its price target to $1,000 from $763.
Netflix is cutting about 6% of its workforce, roughly 1,000 jobs, as product, tech, legal and HR bear the brunt and the stock falls over 40% in a year.
Morgan Stanley (MS) beat Q3 2026 estimates with EPS of $3.03 and $20.34B revenue as equities trading rose 41%, while fixed income fell 7% and shares slipped.
US consumer prices rose 0.6% in September and 3.7% from a year earlier, pushing the 10-year yield to about 5.28% and reviving bets on higher interest rates.
China sanctioned Paraguay's Gustavo Villate and Belize's Francis Fonseca over Taiwan ties, a first against serving allied ministers, raising cross-strait tensions.
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