
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.
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Daily Digest
Pomegra Newswire - Page 12 of 108
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways

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

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

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) 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 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 (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.

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 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.

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

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 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.

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, 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.

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.

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%.

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 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 (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 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.
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.
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.
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.