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Pomegra Newswire - Page 12 of 108

Market News

Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways

Articles - Page 12

Earnings Season Opens: JPM, WFC, UNH Report Q3 2026
Markets
MAJOR
Oct 136 min read

Earnings Season Opens: JPM, WFC, UNH Report Q3 2026

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.

Trump Expects Iran Talks This Week After Hormuz Rejection
Geopolitics
MAJOR
Oct 136 min read

Trump Expects Iran Talks This Week After Hormuz Rejection

Trump expects Iran talks to resume this week after rejecting Tehran's Hormuz offer, with Brent near $104 and Tehran ready for either war or diplomacy.

Taiwan Exports Hit Record $87.2B in September 2026
Technology
MAJOR
Oct 136 min read

Taiwan Exports Hit Record $87.2B in September 2026

Taiwan's September exports jumped 60.9% to a record $87.22 billion on AI server demand, with US shipments up 106% and growth set to continue in October.

SoftBank Sinks 8.8% as AI Stocks Rout Hits Asia
Technology
MAJOR
Oct 136 min read

SoftBank Sinks 8.8% as AI Stocks Rout Hits Asia

SoftBank fell about 8.8% and Japan's Nikkei 2.6% on Oct. 13 as an AI stocks selloff spread across Asia on worries over AI financing and chip competition.

Micron Technology Stock Slides as CXMT Unveils DRAM Leap
Technology
MAJOR
Oct 136 min read

Micron Technology Stock Slides as CXMT Unveils DRAM Leap

Micron Technology stock fell about 4% and the Philadelphia Semiconductor Index lost 2.7% after CXMT flagged a denser 4F² DRAM chip design aimed at servers.

Microsoft Maia 300 chip targets Nvidia, hits AI stocks
Technology
MAJOR
Oct 135 min read

Microsoft Maia 300 chip targets Nvidia, hits AI stocks

Microsoft's Maia 300 chip promises about 40% more output per unit of power than leading GPU systems, pressuring Nvidia and AI stocks as 2027 deployment nears.

Biogen (BIIB) Hits 52-Week High on JPMorgan Upgrade
Healthcare
NOTABLE
Oct 135 min read

Biogen (BIIB) Hits 52-Week High on JPMorgan Upgrade

Biogen (BIIB) stock hit a 52-week high after JPMorgan upgraded it to Overweight with a $300 target, citing a run of late-stage trial readouts through 2027.

FICO Stock Rebounds as 15% Job Cut Offsets Mortgage Fears
Business & Earnings
NOTABLE
Oct 135 min read

FICO Stock Rebounds as 15% Job Cut Offsets Mortgage Fears

FICO shares rebounded up to 9% as investors backed a 15% workforce cut, after a steep selloff on VantageScore competition in U.S. mortgage credit scoring.

IonQ Stock Falls 9% on $1.3B Elisity Deal
Technology
NOTABLE
Oct 125 min read

IonQ Stock Falls 9% on $1.3B Elisity Deal

IonQ (IONQ) fell more than 8% after agreeing to buy cybersecurity firm Elisity for up to $1.3 billion in stock, putting dilution in focus for shareholders.

AI Stocks: Lumentum, Ciena Slide 10% in Optical Selloff
Technology
NOTABLE
Oct 124 min read

AI Stocks: Lumentum, Ciena Slide 10% in Optical Selloff

Lumentum and Ciena fell about 10% and Coherent 7% on Oct. 12 as profit-taking hit AI stocks tied to optical networking after a sharp multi-week rally.

eBay (EBAY) Jumps 5% as Morgan Stanley Names Top Pick
Business & Earnings
NOTABLE
Oct 125 min read

eBay (EBAY) Jumps 5% as Morgan Stanley Names Top Pick

eBay shares rose more than 5% on Oct. 12 after Morgan Stanley named the marketplace a top internet pick and lifted its price target to $132 from $127.

Nasdaq Meta stock rises 4% on Muse Wonder AI launch
Technology
MAJOR
Oct 125 min read

Nasdaq Meta stock rises 4% on Muse Wonder AI launch

Meta shares rose about 4% on Monday after it launched Muse Wonder and Muse Wonder Full, its first frontier AI models, to rival OpenAI and Anthropic.

Bitcoin Near $84,000 as Bond Yields Weigh on Crypto
Markets
NOTABLE
Oct 126 min read

Bitcoin Near $84,000 as Bond Yields Weigh on Crypto

Bitcoin is stuck near $84,000 as Treasury yields hold above 5%, yet crypto-linked stocks Coinbase, Strategy and American Bitcoin edged higher on Monday.

Goldman Upgrades Global Equities to Overweight in 2026
Markets
NOTABLE
Oct 126 min read

Goldman Upgrades Global Equities to Overweight in 2026

Goldman Sachs upgraded global equities to overweight, citing earnings growth, with S&P 500 Q3 profits forecast up about 27% as the reporting season begins.

Apple Cuts iPhone 18 Pro Orders 15% as Demand Cools
Technology
MAJOR
Oct 124 min read

Apple Cuts iPhone 18 Pro Orders 15% as Demand Cools

Apple (AAPL) told suppliers to trim iPhone 18 Pro component orders by at least 15% for October as a $100 price rise and costly memory chips weigh on demand.

Starbucks (SBUX) Says It Is Not Buying Chipotle (CMG)
Business & Earnings
NOTABLE
Oct 124 min read

Starbucks (SBUX) Says It Is Not Buying Chipotle (CMG)

Starbucks ended days of takeover speculation on October 12, 2026, saying it is not buying Chipotle, and Chipotle shares dropped more than 4% as the deal premium came out.

CCC Intelligent Solutions Jumps 10% on GTCR, Elliott Talks
Business & Earnings
NOTABLE
Oct 124 min read

CCC Intelligent Solutions Jumps 10% on GTCR, Elliott Talks

CCC Intelligent Solutions (CCCS) jumped about 10% as GTCR and Elliott entered advanced talks to take the auto-insurance software maker private this week.

Salesforce, Adobe Split as Analyst Calls Diverge
Markets
NOTABLE
Oct 127 min read

Salesforce, Adobe Split as Analyst Calls Diverge

Salesforce (CRM) rose about 4% on a Bank of America double upgrade while Adobe (ADBE) fell 4% on a Wells Fargo double downgrade, splitting software stocks.

Lululemon (LULU) Hits 8.5-Year Low as Burry Swaps Into Deckers
Business & Earnings
NOTABLE
Oct 126 min read

Lululemon (LULU) Hits 8.5-Year Low as Burry Swaps Into Deckers

Lululemon shares fell to $91.28, their lowest in about 8.5 years, after Michael Burry sold the stock for a tax loss and moved the money into Deckers.

Anthropic's $60B Chip Debt Deal: Broadcom's Role Explained
Technology
MAJOR
Oct 124 min read

Anthropic's $60B Chip Debt Deal: Broadcom's Role Explained

Bank of America, Citigroup and Morgan Stanley are syndicating a record $60B debt package for Anthropic's Google TPU lease, with Broadcom as guarantor.

US September CPI: Fed Rate Hike Bets Ride on Core
Economy
MAJOR
Oct 125 min read

US September CPI: Fed Rate Hike Bets Ride on Core

US September CPI, due Wednesday, is forecast to lift headline inflation to 3.7% on gasoline, while core data sets October Fed rate hike odds near 1 in 5.

Constellation (CEG) Lands Google Nuclear Deal for AI Power
Technology
MAJOR
Oct 125 min read

Constellation (CEG) Lands Google Nuclear Deal for AI Power

Google and Constellation Energy signed a 20-year deal for 890 MW of new nuclear capacity, a $4.3 billion upgrade plan that sent CEG up 12% on October 6.

Kospi Falls 3.7% Below 6,400 on 10th Day of Foreign Selling
Markets
MAJOR
Oct 126 min read

Kospi Falls 3.7% Below 6,400 on 10th Day of Foreign Selling

South Korea's Kospi fell 3.65% to 6,384.24 on Monday as foreign investors sold for a tenth straight session, pulling Samsung Electronics and SK hynix down more than 4%.

Energy Ceasefire: Trump Claims Deal, Kremlin Silent
Geopolitics
MAJOR
Oct 126 min read

Energy Ceasefire: Trump Claims Deal, Kremlin Silent

Trump says Russia and Ukraine agreed to an immediate energy ceasefire, but the Kremlin has not confirmed it and Zelenskyy reports continuing Russian strikes.

Gold Slides to $4,100 as Yields Hit Highest Since 2002
Economy
NOTABLE
Oct 126 min read

Gold Slides to $4,100 as Yields Hit Highest Since 2002

Gold fell to a two-month low near $4,100 as a stronger dollar and Treasury yields at their highest since 2002 weighed on bullion as Fed rate hike bets linger.

Delta Air Lines Q3 2026: First Miss in Two Years
Business & Earnings
NOTABLE
Oct 125 min read

Delta Air Lines Q3 2026: First Miss in Two Years

Delta Air Lines (DAL) missed Q3 2026 earnings for the first time in two years and cut its 2026 profit outlook by nearly a quarter as fuel costs rose 62%.

Moderna Jumps 14% on Federal Cancer Vaccine Push
Healthcare
NOTABLE
Oct 124 min read

Moderna Jumps 14% on Federal Cancer Vaccine Push

Moderna rose 14% to $225, its highest since January 2022, as a planned federal cancer vaccine push also lifted Pfizer, BioNTech and Merck shares on Friday.

Geopolitics
MAJOR
Oct 126 min read

Trump-Russia Diesel Deal Eases Sanctions Before Midterms

Trump's Russian diesel deal waives sanctions through April 2027, with 300,000 tons due now and 500,000 in November, as the US seeks lower diesel costs.

Markets
MAJOR
Oct 125 min read

SpaceX Spectrum Deal Hits T-Mobile, AT&T, Verizon

SpaceX agreed to buy nationwide 800 MHz spectrum for Starlink Mobile, sending T-Mobile down 13%, AT&T 10% and Verizon 9% in their worst sessions in years.

Geopolitics
MAJOR
Oct 125 min read

Houthi Riyadh Airport Strike Lifts Brent to $105

Houthi missile strikes on Riyadh's airport killed at least 12 people and pushed Brent crude to about $105 a barrel as tankers were also hit.

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