Daily Digest
Daily Digest
Pomegra Newswire - Page 11 of 108
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
Wells Fargo (WFC) shares slipped after Q3 2026 revenue of $21.87 billion missed the $22.3 billion forecast, even as EPS rose 13% to $1.87 on loan growth.
Iran rejected Washington's latest ceasefire proposal as Trump signaled renewed strikes after the Nov. 3 midterms, with 12 ships hit near Hormuz in a week.
NY Fed's John Williams says one more Fed rate hike is likely appropriate in late 2026 but none is needed in 2027, a view that diverges from market pricing.
UnitedHealth (UNH) beat Q3 2026 earnings with $4.69 adjusted EPS and raised its full-year outlook to at least $20.50 per share, its third increase this year.
Applied Materials (AMAT) fell 7% for a sixth day as Lam Research and KLA lost 4%, with profit-taking and no WFE forecast hitting AI stocks in chip equipment.
ASML posted record Q3 2026 sales of €11.7 billion and said EUV supply for 2027 and 2028 will trail customer demand, yet its shares fell in New York trading.
The FBI arrested a Saudi national and OpenAI engineer on Oct. 9 for allegedly planting a covert recording device in a San Francisco executive conference room.
Trump's threat of 150-300% tariffs on firms that skip US factories within 18 months meets claims he leans on foreign CEOs to press their own governments.
BlackRock (BLK) cut US stocks to neutral and moved to overweight Treasurys for the first time in about six years as yields neared 5.25%, citing AI volatility.
Six Flags shares fell 14% to 16% after a rider died on the Goliath coaster in Georgia, and the company closed Goliath and nine similar coasters across six parks.
Bank of America faces $1.2 billion in Treasury penalties for money-laundering and sanctions failures, including the largest fine the OCC has ever issued, one day before third-quarter earnings.
Brent crude settled near $107 on Monday, its strongest close since mid-September, after Zelenskyy said Russia had already broken the energy ceasefire Trump announced.
Bitcoin held near $83,000 after a dip toward $81,000 as spot ETF outflows and hawkish Fed signals weighed on crypto before the September inflation report.
Cleveland Fed's Beth Hammack backed smaller, faster rate moves, keeping a December Fed rate hike in play as futures price an October hold ahead of US CPI.
Goldman Sachs (GS) posted Q3 2026 earnings of $17.01 a share, well above forecasts, on record advisory fees and a 72% jump in equities trading revenue.
Fermi (FRMI) shares rose about 14% after AMD agreed to provide credit support for the 222 MW Phase 1 of Project Matador, its AI power campus in Texas.
Apple stock reached a record high near $347 and a $5 trillion market cap after the $299 HomeView launch, a HomePod mini refresh and a JPMorgan target hike.
Western Digital (WDC) fell 7.7% and Seagate (STX) 7.3% as memory stocks sold off and UBS cut its WDC price target to $470 from $525 on supply concerns.
The IMF warns debt, sticky inflation and AI borrowing could trigger a disorderly spike in global sovereign bond yields, with the 10-year Treasury near 5.2%.
JPMorgan CEO Jamie Dimon says interest rates could rise further than markets expect as sticky inflation and the Iran war keep pressure on borrowing costs.
Domino's Pizza shares fell about 3% after Q3 2026 U.S. same-store sales rose just 0.3%, in line with estimates, as an earnings beat failed to lift sentiment.
Citigroup (C) earned $2.85 a share in Q3 2026 on $23.8 billion of revenue, its best third quarter in a decade, as bond trading and wealth fees drove the beat.
Johnson & Johnson (JNJ) shares slipped after a $5.5B talc settlement charge cut Q3 profit 96%, though sales and adjusted EPS beat and 2026 guidance rose.
SpaceX (SPCX) holds above $160 after a roughly $750 billion rally, driven by Starship's first orbit, a $300 Morgan Stanley target and the Starlink Mobile spectrum deal.
Mattel is drawing takeover attention as Seaport upgraded it to Buy and said Authentic Brands' $20-per-share approach is unlikely to be the last bid.
Gold holds near $4,200 an ounce as lower Treasury yields offset a firmer dollar, with gold ETF inflows at a four-year high before US inflation data on Wednesday.
The 10-year Treasury yield fell about 5 basis points to 5.19% and the 30-year to 5.56% as energy prices eased and bond markets reopened after Columbus Day.
Crude oil price fell on Tuesday as traders weighed Russia's diesel pledge and eased US sanctions against escalating Houthi–Saudi fighting near the Red Sea.
Bumble (BMBL) stock rose about 50% after a report that Ithaca Holdings is in advanced talks to take the dating app private at a roughly $1 billion valuation.
US earnings season opens with JPMorgan, Wells Fargo and UnitedHealth, with profit growth near 30% expected and a 7% options-implied move in UNH stock.
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