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Pomegra Newswire - Page 22 of 108

Market News

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

Articles - Page 22

Michigan Sentiment at Near-Record Low as Rates Rise
Economy
MAJOR
Sep 256 min read

Michigan Sentiment at Near-Record Low as Rates Rise

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…

Bitcoin Holds Near $60K as Crypto Winter Ends
Markets
MAJOR
Sep 256 min read

Bitcoin Holds Near $60K as Crypto Winter Ends

Bitcoin holds near $60,000 at its highest since January, with BTC dominance at 59.1% and total market cap near $1.88T as Fundstrat calls winter's end.

October Rate Hike Odds Hit 70% as Yields Top 5%
Economy
MAJOR
Sep 245 min read

October Rate Hike Odds Hit 70% as Yields Top 5%

Hot PMI data and hawkish remarks from Federal Reserve Chair Warsh drove October rate hike odds to 70%, sending the 10-year Treasury yield to its highest level since July 2007.

Greenland Arctic Deal Sends Mining Stocks Soaring
Geopolitics
SEISMIC
Sep 245 min read

Greenland Arctic Deal Sends Mining Stocks Soaring

A Trump-brokered Arctic security and military-expansion deal at the UN General Assembly sent Greenland-linked mining stocks surging, with GRML up 245%, GLND up 150%, and CRML up 34%.

IonQ Surges 12% on Quantum Error Fix
Markets
MAJOR
Sep 245 min read

IonQ Surges 12% on Quantum Error Fix

IonQ climbed 12% after the first real-time quantum error correction decoder ran on a standard CPU, as a Nvidia quantum research center deal lifted the entire sector.

Costco Q4 FY2026 Earnings Crush Estimates
Business & Earnings
MAJOR
Sep 245 min read

Costco Q4 FY2026 Earnings Crush Estimates

Costco Wholesale (COST) posted Q4 FY2026 EPS of $0.75 against the $0.52 consensus, with $5.72 billion in revenue and 9.4% comparable-sales growth signaling that bulk-discount shoppers are…

Okta Surges as Needham Lifts Target to $230
Technology
MAJOR
Sep 246 min read

Okta Surges as Needham Lifts Target to $230

Okta stock rose nearly 5% after Needham raised its price target to $230, citing early AI Agent Identity traction at Oktane 2026, where Anthropic, AWS, and Dell joined as launch partners.

US 30-Year Yield Hits 5.43%, a 22-Year High
Markets
SEISMIC
Sep 246 min read

US 30-Year Yield Hits 5.43%, a 22-Year High

The 30-year Treasury yield surged to 5.43%, a 22-year high, as oil at $103 per barrel stoked fresh inflation fears in a synchronized global bond selloff.

EXPE, ABNB Drop 7-8% on Rental Fire Lawsuit
Markets
MAJOR
Sep 246 min read

EXPE, ABNB Drop 7-8% on Rental Fire Lawsuit

Expedia fell 7.7% and Airbnb dropped 7.5% on September 23 after a wrongful-death suit over a fatal Dominican Republic fire reignited platform-liability risk across the short-term rental sector.

Paychex Slides 9% as Weak Q2 Outlook Overshadows Beat
Business & Earnings
MAJOR
Sep 245 min read

Paychex Slides 9% as Weak Q2 Outlook Overshadows Beat

Paychex beat Q1 FY2027 estimates with revenue up 6% and EPS up 10%, but PAYX shares tumble 9% on Q2 guidance of ~4% revenue growth and margin compression to ~40%.

Brent Crude Tops $105 on Iran Indian Ocean Threat
Markets
SEISMIC
Sep 247 min read

Brent Crude Tops $105 on Iran Indian Ocean Threat

Brent crude surged past $105 a barrel after a senior Iranian military official threatened to expand the conflict to the Indian Ocean, crushing near-term hopes for a Strait of Hormuz deal and…

Oracle Invokes Force Majeure on Project Jupiter
Technology
MAJOR
Sep 246 min read

Oracle Invokes Force Majeure on Project Jupiter

Oracle Corp. triggered a force majeure clause on Project Jupiter, its 2.45-gigawatt Stargate AI data center in New Mexico, after a six-month regulatory delay on an Energy Transfer natural gas…

AVAV, KTOS Win Wedbush Double Outperform in Drone Era
Markets
MAJOR
Sep 247 min read

AVAV, KTOS Win Wedbush Double Outperform in Drone Era

Wedbush initiates AeroVironment and Kratos Defense at Outperform, naming both long-term winners as drone warfare and NATO spending drive a structural shift to autonomous defense systems.

Stitch Fix Craters 18% After Hours on FY27 Revenue Warning
Business & Earnings
NOTABLE
Sep 245 min read

Stitch Fix Craters 18% After Hours on FY27 Revenue Warning

Stitch Fix fell 18% after hours as FY27 guidance implied potential revenue decline, overwhelming a Q4 EPS beat and six consecutive quarters of revenue growth.

Lennar Q3 2026 Miss Deepens Housing Crisis Signal
Business & Earnings
MAJOR
Sep 245 min read

Lennar Q3 2026 Miss Deepens Housing Crisis Signal

Lennar's Q3 EPS miss and 9.2% new-order decline prompt a FY26 delivery cut to 80,000-81,000 homes, confirming 7% mortgage rates have strangled housing demand.

SNX Q3 2026: AI Hardware Orders Put to the Test
Technology
MAJOR
Sep 247 min read

SNX Q3 2026: AI Hardware Orders Put to the Test

TD SYNNEX reports fiscal Q3 results before the bell September 24, with consensus at $4.70 EPS and $18.91B revenue — the sharpest real-world test of whether enterprise AI hardware is shipping at scale.

Jabil Q4 FY2026: AI Revenue and FY27 Outlook at Open
Technology
MAJOR
Sep 246 min read

Jabil Q4 FY2026: AI Revenue and FY27 Outlook at Open

Jabil Inc. reports Q4 FY2026 before the open Wednesday as Wall Street focuses on $3.6B in quarterly AI revenue, a third hyperscaler ramp, and raised FY27 guidance.

Trump-Xi Summit Extends Tariff Truce, Launches AI Talks
Geopolitics
SEISMIC
Sep 247 min read

Trump-Xi Summit Extends Tariff Truce, Launches AI Talks

The Washington summit produced a tariff pause through January 10 and a structured AI dialogue framework, sending semiconductor and China ADR stocks to their highest levels in months.

August Home Sales Slip as Interest Rates Near 7%
Markets
NOTABLE
Sep 246 min read

August Home Sales Slip as Interest Rates Near 7%

Existing home sales fell 2% in August to a 3.98 million annualized rate as surging interest rates pushed 30-year mortgage costs back toward 7%, swelling supply to a multi-year high while freezing…

Costco Q4 2026: Bulk Buyers Face Rate Test
Business & Earnings
NOTABLE
Sep 246 min read

Costco Q4 2026: Bulk Buyers Face Rate Test

Costco reports fiscal fourth-quarter 2026 results after Wednesday's close, with Wall Street watching $6.55 EPS and $94.85B revenue as the clearest read on middle-income consumer durability in a…

Olive Garden Owner Darden Q1 FY2027: Casual-Dining Verdict
Business & Earnings
NOTABLE
Sep 245 min read

Olive Garden Owner Darden Q1 FY2027: Casual-Dining Verdict

Darden Restaurants opens the earnings session with Q1 FY2027 results; Street eyes $2.06 EPS and $3.21B revenue as higher rates test casual-dining traffic.

Boeing Rises on Tentative Union Deal, $3.4B FMS Order
Markets
MAJOR
Sep 247 min read

Boeing Rises on Tentative Union Deal, $3.4B FMS Order

Boeing shares advanced Wednesday as a new tentative machinists' contract and a $3.4 billion foreign-military-sales expansion simultaneously reduced two of the jet maker's most pressing near-term…

Alphabet Slides 4% as AI Rotation Favors Meta's Muse
Technology
MAJOR
Sep 246 min read

Alphabet Slides 4% as AI Rotation Favors Meta's Muse

Alphabet dropped 3.8% on September 23 as institutional investors rotated into Meta Platforms, widening a 30-day gap in which META gained 37% against GOOG's near-flat showing ahead of…

McDonald's Drops 4% After $8.5B Franchisee Pledge
Business & Earnings
MAJOR
Sep 245 min read

McDonald's Drops 4% After $8.5B Franchisee Pledge

MCD fell 4% at its 2026 Investor Day after pledging $8.5 billion in franchisee support through 2036 and pushing its 50,000-restaurant global target back a full year to 2028.

Langone Eyes $2,000 for Eli Lilly in 3-4 Years
Healthcare
MAJOR
Sep 245 min read

Langone Eyes $2,000 for Eli Lilly in 3-4 Years

Ken Langone told CNBC that Eli Lilly (LLY) could reach $2,000 in three to four years, citing a $17-18B annual R&D budget and pipeline depth well beyond GLP-1s.

BlackBerry Q2 FY2027 Beats as QNX Rerating Holds
Markets
MAJOR
Sep 245 min read

BlackBerry Q2 FY2027 Beats as QNX Rerating Holds

BlackBerry's fiscal Q2 2027 earnings topped estimates before Thursday's open, with the QNX automotive OS unit - deployed in 275 million vehicles - sustaining the investment thesis that has more…

Paramount-WBD $10B Merger Clears Final Legal Hurdle
Business & Earnings
SEISMIC
Sep 236 min read

Paramount-WBD $10B Merger Clears Final Legal Hurdle

California AG Rob Bonta's settlement removes the last regulatory barrier to Paramount's $10B merger with Warner Bros. Discovery, closing by early October 2026.

Microsoft Cuts Copilot Prices Up to 50% for Enterprise
Technology
MAJOR
Sep 235 min read

Microsoft Cuts Copilot Prices Up to 50% for Enterprise

Microsoft is slashing Microsoft 365 Copilot enterprise pricing by up to 50% for large accounts and consolidating its AI tools into a single super app ahead of October renewals.

Apple's Ternus Faces Bipartisan Heat Over CXMT Deal
Technology
MAJOR
Sep 236 min read

Apple's Ternus Faces Bipartisan Heat Over CXMT Deal

New Apple CEO John Ternus faces bipartisan Senate demands to drop CXMT Chinese DRAM, as memory costs drove over 100% of AAPL's gross margin compression.

Devon Energy Faces Activist Push for Full Sale
Markets
MAJOR
Sep 235 min read

Devon Energy Faces Activist Push for Full Sale

Toms Capital, now a top-five Devon Energy shareholder, sent an activist letter urging DVN's board to explore a full sale, citing post-Coterra multi-basin complexity and a one-EV/EBITDA-multiple…

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