PomegraBusiness & Earnings
NOTABLE
Oct 85 min read
Lululemon Stock Edges Up as CEO O'Neill Remakes Team
Lululemon (LULU) shares edged higher after new CEO Heidi O'Neill named Athleta's Maggie Gauger president and Joseph Godsey COO, a month into her tenure.
Pomegra Newswire - Page 14 of 108
Market News
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
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Business & Earnings
NOTABLE
Oct 86 min read
Penguin Solutions PENG Surges 13% on Q4 Beat, FY27 Outlook
Penguin Solutions (PENG) rose 13% after fiscal Q4 revenue of $566.7 million beat estimates and fiscal 2027 guidance topped forecasts on AI-driven memory demand.
Geopolitics
MAJOR
Oct 87 min read
Diesel Crack Spreads Hit Record as Export Curbs Widen
Diesel crack spreads hit record highs, with the U.S. heating-oil crack near $117 a barrel, as China halts fuel exports and Russia extends its diesel ban.
Healthcare
NOTABLE
Oct 84 min read
Haemonetics (HAE) Jumps 17% as CSL Plans Full U.S. Rollout
Haemonetics shares rose as much as 17% premarket Thursday after CSL said it will deploy NexSys PCS plasma devices at all U.S. centers by the end of 2027.
Technology
NOTABLE
Oct 84 min read
Palantir (PLTR) Rises 3% as Goldman Upgrades to Buy
Palantir shares rose about 3% after Goldman Sachs upgraded the AI software stock to Buy with a $230 target, citing sovereign AI demand and vertical sales.
Technology
MAJOR
Oct 84 min read
Broadcom Lines Up $50B+ Private Debt for OpenAI Chips
Broadcom (AVGO) is arranging over $50 billion in private financing with Apollo and Blackstone to fund OpenAI's custom AI chips, and shares slipped premarket.
Business & Earnings
NOTABLE
Oct 85 min read
PepsiCo (PEP) Q3 2026: Earnings Beat, Outlook Trimmed
PepsiCo (PEP) beat Q3 2026 earnings expectations with core EPS of $2.34 but lowered its full-year profit outlook as North America softness weighed on the year.
Markets
NOTABLE
Oct 85 min read
Bitcoin Tests $82,000 Support as ETF Outflows Hit $487M
Bitcoin fell 1.8% to roughly $82,500-83,000 and tested $82,000 support as spot ETFs shed $487 million while high Treasury yields weighed on crypto demand.
Geopolitics
MAJOR
Oct 86 min read
Trump's 18-Month Factory Ultimatum: Tariffs Up to 300%
Trump told an Ohio rally that foreign firms have 18 months to build U.S. plants or face tariffs of 150-300%, days after a limited trade truce with Xi Jinping.
Technology
NOTABLE
Oct 85 min read
Marvell Technology Stock Jumps 6% on $90B 2031 Target
Marvell Technology stock rose about 6% after investor day lifted its fiscal 2028 revenue goal to $20 billion and set a $70-90 billion fiscal 2031 target.
Technology
NOTABLE
Oct 84 min read
Micron Technology Stock: $3,000 Target on AI Memory
D.A. Davidson lifted its Micron price target to $3,000 from $2,100, saying AI memory demand will exceed supply through 2028; MU shares rose about 3% Wednesday.
Business & Earnings
MAJOR
Oct 85 min read
Firmus Grid Cuts IPO Price to A$8.25 as Books Close Early
Nvidia-backed Firmus Grid closed bookbuilding early and cut its ASX IPO price 25% to A$8.25, as investors weighed thin data-center capacity and share supply.
Business & Earnings
NOTABLE
Oct 84 min read
Flutter Entertainment (FLUT) Upgraded to Buy by Citi
Flutter Entertainment stock rose over 3% pre-market after Citi upgraded FLUT to Buy, calling the Brazil and September U.S. sports results selloff overdone.
Markets
NOTABLE
Oct 84 min read
Asian Markets Slip on Hawkish Fed Minutes, Higher Yields
Hawkish Fed minutes and elevated bond yields sent the Nikkei down 0.4% and the Kospi down 0.35% after the Dow fell 0.7% from record highs on Wall Street.
Technology
NOTABLE
Oct 84 min read
OpenAI GPT-6 Intelligent UI Reaches Free ChatGPT Users
OpenAI's GPT-6 brings Intelligent UI to ChatGPT's Free and Go tiers, turning text answers into interactive charts, calculators and diagrams for free-tier users.
Geopolitics
MAJOR
Oct 86 min read
Iran Strike Options Lift Crude Oil Price: Brent Tops $101
The White House has asked the Pentagon for Iran strike options before the November 3 midterms, lifting Brent crude above $101 and WTI toward $90 a barrel.
Business & Earnings
MAJOR
Oct 85 min read
Wolfspeed (WOLF) Jumps 27% on $1.5B Defense Loan Pledge
Wolfspeed shares rose about 27% after hours on a conditional $1.5 billion, 30-year loan commitment from the Department of War for silicon carbide output.
Technology
MAJOR
Oct 85 min read
Samsung Electronics Q3 2026 Profit Tops 100 Trillion Won
Samsung Electronics pre-announced a record Q3 2026 operating profit of 107.4 trillion won (about $80 billion), as AI memory-chip demand lifted margins above 55%.
Business & Earnings
NOTABLE
Oct 85 min read
Levi Strauss Q3 2026: Profit Beat, Guidance Up, Stock Down
Levi Strauss (LEVI) beat third-quarter profit forecasts and lifted its 2026 EPS outlook on tariff refunds, yet shares closed 5% lower on a revenue miss.
Geopolitics
MAJOR
Oct 86 min read
Houthi Strikes on Riyadh Aramco Refinery Lift Oil Risk
Yemen's Houthis claimed missile and drone strikes on Saudi oil sites near Riyadh, including an Aramco refinery fire, as fighting escalates and Brent holds near $100 a barrel.
Technology
MAJOR
Oct 74 min read
Terafab: Musk Says Tesla, SpaceX Will Run Texas AI Fab
Terafab will be built and run by Tesla and SpaceX, Elon Musk said, leaving TSMC at most a sublease as Intel shares rose on its continued role in the project.
Markets
MAJOR
Oct 74 min read
SpaceX Stock Slips on $40B Debt Plan for Nvidia Chips
SpaceX stock slipped after a report that the company is seeking $40 billion in Apollo-led debt to fund a large Nvidia AI chip order, with closing expected in 2027.
Policy & Regulation
NOTABLE
Oct 75 min read
Webull (BULL) Plunges as House Panel Flags China Ties
Webull (BULL) shares fell as much as 29% after a House China committee called its ties to Beijing a national security risk; Robinhood (HOOD) slipped 3%.
Healthcare
NOTABLE
Oct 75 min read
Option Care Health (OPCH) $5.8B Take-Private Explained
McKesson (MCK) and CD&R will buy Option Care Health for $32.05 a share in a $5.8 billion take-private, lifting OPCH stock about 33% on Tuesday, Oct. 6.
Geopolitics
MAJOR
Oct 75 min read
Gas Tax Suspension and IEA Stock Release: Oil Policy Push
Trump is weighing a federal gas tax suspension while the IEA board meets on releasing oil and diesel stocks, as Brent holds near $100 and diesel sets records.
Economy
MAJOR
Oct 76 min read
RBI Raises Interest Rates to 5.5%, First Hike Since 2023
The Reserve Bank of India raised interest rates by 25 basis points to 5.5% on October 7, its first increase in nearly four years, as inflation climbs above target.
Geopolitics
MAJOR
Oct 76 min read
Hormuz Tanker Attacks Lift Crude Oil Price Near $102
Iran's escalating tanker attacks in the Strait of Hormuz pushed Brent past $101 as VP Vance tied a ceasefire to cuts in Tehran's uranium enrichment.
Business & Earnings
NOTABLE
Oct 75 min read
Constellation Brands Falls 5% Despite Q2 Earnings Beat
Constellation Brands (STZ) fell about 5% after beating Q2 estimates, as weak off-premise beer sales and a cautious full-year outlook weighed on shares.
Business & Earnings
MAJOR
Oct 74 min read
Vistra (VST) Jumps 11% on $4.2B DOE Nuclear Loan
Vistra (VST) rallied about 11% after the Energy Department offered a $4.2 billion conditional loan to upgrade nuclear plants in Pennsylvania and Ohio.
Markets
MAJOR
Oct 74 min read
Dow Slides 1.1% as 30-Year Yield Hits 5.7%, a 2002 High
The stock market today turned lower as the Dow fell 1.1% and the 30-year Treasury yield hit 5.7%, its highest since 2002, ahead of Fed minutes on rate policy.