Daily Digest
Daily Digest
Pomegra Newswire - Page 3 of 108
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
Verizon beat Q3 2026 earnings and raised its full-year profit outlook, but a $34.31 billion revenue miss pushed VZ shares lower in Monday premarket trading.
Jio Platforms listed at Rs 1,358, 21.36% above its Rs 1,119 issue price, after India's record $3.1B IPO drew 1.38 crore applications on Dalal Street.
Xylem shares fell 14% to a 52-week low after a Q3 2026 revenue miss and a lower full-year outlook, as project delays and cautious utility spending weighed.
Seagate (STX) shares fell about 7% after hours despite a Q1 beat and guidance above forecasts, underscoring sky-high expectations for AI storage stocks.
China's STAR50 index of AI and chip companies has lost 40% since June, erasing about $480 billion and ending the country's policy-driven technology rally.
EQT (EQT) agreed to buy Range Resources (RRC) in an all-stock deal worth more than $50 billion with debt, creating the largest vertically integrated US natural gas producer.
Bitcoin holds near $80,000 ahead of the Fed rate decision as whales turn bearish for the first time since June and the OCC approves Ripple's trust bank.
Trump floated 200% tariffs on Russia and Ukraine, then conceded US trade is too small to work, a week after waiving penalties on major Russian oil buyers.
Robinhood (HOOD) shares fell almost 5% after hours as Q3 2026 revenue of $1.42 billion met forecasts and the company trimmed its 2026 expense outlook.
NXP Semiconductors shares fell as much as 9% after hours as a $3.85 billion fourth-quarter revenue forecast only matched Wall Street expectations despite a third-quarter beat.
Royal Caribbean shares rose about 8% after Q3 adjusted EPS of $6.57 beat the $6.38 estimate and the cruise operator raised its 2026 earnings outlook.
Anthropic filed for a Nasdaq IPO under ticker ANT, showing $16.3B first-half revenue and an $80.7B net loss, with a listing planned for the week of Nov. 16.
Gold slipped toward $4,000 an ounce on Oct. 27 as a firmer U.S. dollar and 5% Treasury yields weighed on bullion before Wednesday's Fed rate decision.
Corning (GLW) beat Q3 2026 estimates with $0.91 core EPS on $5.08B sales and guided Q4 above forecasts as generative AI fiber sales more than doubled.
Whirlpool shares tumbled after hours as a Q3 2026 loss, a revenue miss and a third 2026 guidance cut pointed to a full-year loss on weak appliance demand.
PayPal shares slipped about 1% after the company raised its 2026 profit outlook despite a small third-quarter revenue shortfall, as cost cuts lifted earnings.
General Motors (GM) shares rose about 5% after it said it will move from the NYSE to Nasdaq on Nov. 17, making the automaker eligible for the Nasdaq-100 index.
SoFi stock rose about 11% after record Q3 2026 revenue of $1.39 billion, a raised full-year outlook and 2027 EPS guidance of $0.90 above Wall Street estimates.
Coca-Cola and UPS raised 2026 guidance while Boeing posted a wider core loss, as Visa reports after the close ahead of Microsoft and Alphabet on Wednesday.
Celestica (CLS) posted record Q3 2026 revenue of $5.83B, raised its 2026 outlook and set a $40B 2027 target, sending the AI infrastructure stock sharply higher.
JetBlue (JBLU) stock rose over 10% after hours despite a wider Q3 loss and a cut 2026 outlook, as the airline held to its goal of profitability in 2027.
Houthi missiles and drones set Saudi Arabia's Ras Tanura hub ablaze, keeping Brent near $116 as Saudi-Iran talks offer only partial relief to oil markets.
The Fed is expected to hold the fed rate at 3.75%-4% on Wednesday, but futures price a 73% chance of a December hike with the 10-year Treasury yield near 5%.
Elon Musk says 200+ AI neoclouds face "guppy-level death" as debt markets close, pressuring CoreWeave, Nebius and IREN shares and CoreWeave bonds near 16%.
Ross Stores shares rose about 3% premarket after UBS upgraded the retailer to Buy with a $315 target, citing a narrowing store productivity gap with TJX.
The yen is regaining safe-haven status as risk-off moves spread, with euro-yen eyeing 175 and dollar-yen 155 as France's fiscal and social strains weigh on the euro.
Microsoft, Alphabet and Amazon report earnings on Oct. 28-29 as investors look for proof that AI stocks' record capex is producing cloud revenue and profit growth.
SpaceX (SPCX) closed a record $40 billion GPU financing for Nvidia chips while its board and Tesla's weigh a merger, reshaping the AI stocks landscape.
Iran's Revolutionary Guards declared the Strait of Hormuz closed on October 26 as Saudi, Turkish and Pakistani officials met in Tehran, holding Brent near $115 a barrel.
Meta (META) launched $35B of stock offerings and plans a $60B at-the-market program in 2027 to fund AI, with Nvidia, AMD and Broadcom eyeing up to $5B.
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