Daily Digest
Daily Digest
Pomegra Newswire - Page 20 of 108
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
Micron Technology (MU) tops Wall Street watchlists ahead of September 30 Q4 earnings as analysts project a 992% EPS surge driven by the AI memory supercycle and record high-bandwidth memory demand.
Bank of America cuts Nike to Underperform with a $30 target, flagging a dividend payout ratio above 100% in FY2027, ahead of the October 1 earnings report.
Gulfport Energy fell 4.3% on September 25 as Jefferies cut its rating to Hold and price target to $180, adding to J.P. Morgan's September Underweight call on near-term natural gas headwinds.
DHT Holdings stock climbed 18% in September as VLCC tanker spot rates breached $1 million per day, driven by Iran-conflict disruptions shutting down Strait of Hormuz crude flows.
August JOLTS topped 7.23M consensus, amplifying fears of a Warsh Fed rate hike as 10-year Treasury yields hit 19-year highs and Brent crude holds above $105.
Victoria's Secret (VSXY) extended a 236% one-year rally after a Q2 EPS beat, raised full-year guidance, and confirmation of its October Fashion Show.
NetEase jumped nearly 5% after Morgan Stanley's Top Pick upgrade, citing Ananta's January launch as the first Chinese AAA game to credibly target Western blockbuster status.
CarMax (KMX) reported fiscal second-quarter 2027 results Tuesday that fell short of Wall Street estimates on both earnings and revenue, intensifying scrutiny of the used-auto retailer's multi-year…
Carnival (CCL) matched Q3 EPS of $0.35, but unhedged exposure to $105 Brent crude and a 25% year-to-date stock decline raise serious questions about the dividend's sustainability.
AMD's all-stock acquisition of World Labs brings Fei-Fei Li aboard as chief scientist as AMD seeks to challenge Nvidia in full-stack AI - but shares slide nearly 4% on valuation concerns.
Jefferies initiates a bearish call on Roblox, setting an $8 price target that implies roughly 18% further downside as advertiser budget cuts weigh on the gaming platform's monetization outlook.
President Trump announced Mesabi Metallics' $15 billion Iowa steel mill - the largest domestic steel facility ever built - lifting Nucor and Cleveland-Cliffs shares sharply higher on Monday.
Australia's Northern Star Resources (NESRF) unanimously rebuffed Gold Fields' A$38.7B takeover, calling it "highly opportunistic" and insufficient to reflect the company's standalone value.
A sudden suspension of OpenAI's frontier model training rattled AI stocks Monday, pulling Arm Holdings, SanDisk, Oracle, Snowflake, and Intel each lower by more than 2% and renewing concerns over…
Kodiak Sciences' DAYBREAK Phase 3 trial for Zenkuda hit every primary endpoint in wet AMD, sending KOD surging ~150% and triggering a massive short squeeze.
Boeing (BA) fell 7% after the FAA refused to certify the 737 Max 10 over a software glitch, with United and Southwest halting deliveries of affected jets.
People Inc shares jumped 11.3% on September 25 after the Wall Street Journal reported MGM Resorts International is weighing a bid for Barry Diller's holding company, reversing one of the year's…
Bessent confirms US-China trade truce extension to January 10, 2027 on Fox News, removing a key macro overhang for multinationals heading into Q4 2026.
Costco Wholesale beat fiscal Q4 estimates with EPS of $0.60 versus the $0.48 consensus, sending COST shares 3% higher and affirming its defensive premium as recession fears intensify across equity…
Paramount Skydance (PSKY) jumped roughly 4% after launching a record $44.4 billion senior secured notes offering to fund its $110 billion acquisition of Warner Bros. Discovery (WBD).
MongoDB's stock plunged more than 20% Monday after president and CEO CJ Desai resigned without notice to join Meta Platforms, blindsiding investors one day before the company's scheduled Investor Day.
Nvidia's board authorized a record $150 billion addition to its share repurchase program and unveiled an open AI agent containment platform on Monday, sending NVDA shares up roughly 2% to around $229.
Credo Technology (CRDO) shares rose 7.4% after posting $479M in Q1 FY27 revenue as AI data center buildout fuels structural demand for its 1.6T ethernet connectivity chips ahead of Q2 earnings on…
Ten-year Treasury yields approach 6% as Mideast oil fears reignite inflation, dragging emerging market stocks to four consecutive sessions of losses.
Okta fell 5.5% on Monday as a broad cybersecurity sector selloff swept high-multiple software names despite a wave of analyst price-target hikes following the Oktane 2026 conference in Las Vegas.
HSBC downgraded Twilio to Reduce on September 25, warning the Meta Muse-driven 30% rally prices in AI revenue Meta's own voice stack will capture, not Twilio.
Bloom Energy (BE) surged 8% after Oracle reaffirmed its record 2.4 GW fuel cell commitment for Project Jupiter, dispelling a force majeure-driven selloff.
Zscaler posted a Q4 revenue and earnings beat but ZS stock fell roughly 10% after fiscal 2027 guidance implied a growth slowdown to 17% alongside a 3% workforce restructuring.
August PCE and September payrolls this week will determine whether the Warsh Fed pushes interest rates higher for a second consecutive meeting.
SK Hynix's Q2 2026 operating income surged 557%, but shares fell 15% after results missed elevated Wall Street estimates, putting the AI memory trade on notice ahead of Micron's report.
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