
SK Hynix Tumbles 15% on Record Earnings Miss
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.
Daily Digest
Daily Digest
Pomegra Newswire - Page 21 of 108
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways

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.

Markets are now pricing better-than-even odds that Federal Reserve Chair Kevin Warsh will raise interest rates at the November FOMC meeting, after his Jackson Hole address signaled persistent…

Trump dismissed Tehran's 7-day Strait of Hormuz ceasefire proposal as unacceptable Saturday, sending Brent crude back above $105 and crushing equity futures as markets priced in resumed U.S.…

Apple shares set a record near $245 under CEO John Ternus as pre-orders for the $1,999 foldable iPhone Duo surpass early supply allocations ahead of its October 23 ship date.

Akamai Technologies (AKAM) jumps 15% after securing a record seven-year, $1.6 billion AI cloud infrastructure contract with Anthropic, pulling CoreWeave and Cloudflare sharply higher.

The benchmark 30-year fixed mortgage rate surged to 7.45%, its steepest level since early 2024, as rising Treasury yields and a hawkish Federal Reserve posture signal renewed financial tightening…

Microsoft surged 3.7% to $516.50 after unveiling a unified Copilot "super app" that merges its consumer and enterprise AI assistants into a single platform, escalating competition with Google and…

Carnival Corporation reports Q3 2026 results Monday with analyst EPS consensus at $1.35, building on record Q2 revenue of $6.7B and all-time customer deposits of $9B.

Micron Technology (MU) reports fiscal Q4 2026 earnings Tuesday with $50 billion in revenue on the line, putting the AI memory supercycle's durability to its most consequential test yet.

Meta Platforms (META) surged 17% after its Muse AI agent hit 2.8 million downloads and topped the U.S. App Store, reigniting Big Tech AI monetization enthusiasm on Wall Street.

The U.S.-Israel-Iran conflict has sealed the Strait of Hormuz and shuttered the East-West Crude Oil Pipeline, triggering the largest energy supply disruption in history and halting 31% of global…

Trump and Xi agree to a trade truce and AI safety framework in Washington, but surging Treasury yields erase gains, ending markets flat to negative.

Brent crude tumbled 3% as Iran's Foreign Minister proposed reopening the Strait of Hormuz within seven days, offering a diplomatic off-ramp that relieved energy-driven inflation fears gripping…

Comcast shares slide toward a fresh 52-week low after KeyBanc cuts to Underweight with an $8 target as broadband losses mount and the buyback suspension extends to mid-2027.

Nasdaq Meta is on the cusp of a $2 trillion market cap after a 36% September surge driven by Muse AI agent's 2.8 million downloads in its first 12 days.

Wells Fargo downgraded Netflix to Underweight on Thursday, citing an 8% slide in adjusted viewership during H1 2026 and mounting pressure from YouTube as the rare Engagement Risk label rattled…

Akamai Technologies lands a $11.6 billion Anthropic cloud deal expandable to $20 billion, sending AKAM shares 21% higher and reframing the legacy CDN operator as a major AI infrastructure powerhouse.

India's Nifty 50 broke below 23,100 and the Sensex lost 1,200 points as 70% U.S. October rate-hike odds and $85 Brent crude triggered a sharp foreign institutional selloff across Indian equities.

Charles River Laboratories (CRL) jumped 5.7% at its September 24 Investor Day after lifting 2026 earnings guidance and projecting 5-7% annual organic revenue growth through 2030 alongside a ~24%…

Nike flags $1.5B in tariff costs and Accenture's June guidance cut together signal corporate spending caution has spread from IT services to global consumer brands.

FedEx Corp. (FDX) releases its first quarterly earnings as a pure parcel and express carrier, providing the market's cleanest live read on cross-border shipping intensity and B2B logistics demand.

Darden Restaurants shares fell sharply after Q1 FY2027 results revealed a slim revenue miss and reaffirmed guidance that left investors skeptical the casual-dining giant can sustain guest traffic…

MGM Resorts International shares shed roughly 9% Thursday after Barry Diller's IAC abruptly withdrew its unsolicited takeover proposal, wiping out weeks of deal-premium speculation in the…

Jefferies lifted Arhaus from Hold to Buy, arguing the home-furnishings retailer is deeply oversold relative to its balance sheet and that housing inventory nearing a 4.9-month supply signals a…

Carnival Corporation and Norwegian Cruise Line Holdings fell simultaneously to fresh 52-week lows as a 5.43% 30-year Treasury yield and $105 Brent crude deliver a compounding cost squeeze on…

Twilio (TWLO) shares extend their year-to-date surge to 87% after TD Cowen and Rosenblatt raise price targets citing durable, AI-agent-driven demand for communications infrastructure.

Shares of The Trade Desk sink to a fresh 52-week low near $12.68 as an S&P 500 exit triggers $680 million in forced passive selling atop a historic revenue miss.

Moderna's Phase 3 INTerpath-001 trial confirms its personalized mRNA melanoma vaccine cut recurrence and distant metastasis, lifting shares above $87 and validating a multi-year pivot to oncology.

CrowdStrike surged 4.5% to a fresh 52-week high after Nvidia CEO Jensen Huang publicly designated the cybersecurity firm as Nvidia's primary partner in a joint agentic AI threat-detection…

Michigan's final September consumer sentiment index held at 47.8 Friday, the weakest since May's record trough, as a Federal Reserve rate hike and crude oil above $100 per barrel compound pressure…