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Pomegra Newswire - Page 31 of 108

Market News

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

Articles - Page 31

Houthis Strike Aramco's Jizan Again; 73 Wounded
Geopolitics
SEISMIC
Sep 107 min read

Houthis Strike Aramco's Jizan Again; 73 Wounded

Iran-backed Houthi forces launched simultaneous ballistic missiles and drones at four Saudi cities Wednesday, wounding 73 and reigniting fires at the Jizan refinery for a second time in a month as…

Oracle Q1 FY2027: The AI-Infrastructure Verdict
Technology
MAJOR
Sep 105 min read

Oracle Q1 FY2027: The AI-Infrastructure Verdict

Oracle Corp. reports fiscal first-quarter 2027 results after the close on September 10, with options pricing an 11% implied move and investors demanding confirmation that cloud infrastructure…

CASY Stock Falls 14% After Flat Guidance Despite Q1 Beat
Business & Earnings
MAJOR
Sep 105 min read

CASY Stock Falls 14% After Flat Guidance Despite Q1 Beat

Casey's General Stores shed 14% after holding fiscal 2027 guidance flat despite a Q1 EPS beat of $3.37 versus the $2.72 estimate and revenue of $3.68B versus $3.57B expected.

ECB Lifts Policy Rate to 2.50%, Lagarde Turns Dovish
Markets
MAJOR
Sep 106 min read

ECB Lifts Policy Rate to 2.50%, Lagarde Turns Dovish

ECB raised rates 25bp to 2.50% as expected, but President Lagarde's pushback on further hikes sent EUR/USD sharply lower in a textbook dovish hike reaction.

August PPI Falls 0.1%, Rate-Hike Odds Collapse
EconomyMarkets
SEISMIC
Sep 106 min read

August PPI Falls 0.1%, Rate-Hike Odds Collapse

A historic producer-price undershoot slashes September rate-hike odds and reframes Friday's CPI as the pivotal inflation signal for equity and bond markets this week.

Gold Hits Record $2,447 in Sharpest Safe-Haven Surge
Economy
SEISMIC
Sep 107 min read

Gold Hits Record $2,447 in Sharpest Safe-Haven Surge

Gold climbed to an all-time high of $2,447 per ounce Wednesday as surging Brent crude above $101, three-year-high Treasury yields, and intensifying Middle East conflict drove the session's most…

10-Year Treasury Yield Hits 4.857%, Near 3-Year High
EconomyMarkets
MAJOR
Sep 107 min read

10-Year Treasury Yield Hits 4.857%, Near 3-Year High

The 10-year Treasury yield surged to 4.857% after the Treasury Department tripled bond buybacks to $3 billion, falling short of investor expectations and accelerating a broad equity selloff.

Nike NKE Hits 12-Year Low on BMO Underperform, S&P 100 Exit
Markets
MAJOR
Sep 106 min read

Nike NKE Hits 12-Year Low on BMO Underperform, S&P 100 Exit

BMO Capital Markets initiated NKE at Underperform with a $30 price target - more than 20% below the current print - arguing that structural global demand erosion makes the stock's ongoing…

CRM Stock Drops 3% as Rate Fears Eclipse Agentforce Milestone
Markets
MAJOR
Sep 96 min read

CRM Stock Drops 3% as Rate Fears Eclipse Agentforce Milestone

Salesforce shares slid 3% as a third straight session of rising 10-year Treasury yields hammered enterprise software valuations, overshadowing Agentforce ARR reaching $1.5 billion at 240%…

Google, Meta Face 3,000 Youth Addiction Lawsuits
Markets
SEISMIC
Sep 96 min read

Google, Meta Face 3,000 Youth Addiction Lawsuits

The Ninth Circuit cleared 3,000-plus youth-addiction suits against Google, Meta, Snap and TikTok and refused to pause a 29-state attorney-general trial, driving Alphabet shares down 3.18%.

Apple Unveils $1,999 iPhone Duo; AAPL Slides on Margin Risk
Technology
MAJOR
Sep 95 min read

Apple Unveils $1,999 iPhone Duo; AAPL Slides on Margin Risk

Apple's first foldable iPhone debuts alongside a $100 Pro price hike, but AAPL shares fell as investors flagged that Samsung display costs will undercut the premium-cycle earnings lift.

ServiceTitan (TTAN) Falls 17% on Soft Q3 Guidance
Business & Earnings
MAJOR
Sep 96 min read

ServiceTitan (TTAN) Falls 17% on Soft Q3 Guidance

ServiceTitan shares fell 17% in premarket trading after Q3 revenue guidance of $285M-$287M missed analyst consensus, overshadowing a strong fiscal Q2 earnings beat.

ECB Rate Hike Locked In as Energy Inflation Hits 14.3%
Markets
SEISMIC
Sep 96 min read

ECB Rate Hike Locked In as Energy Inflation Hits 14.3%

Euro-zone CPI hit 3.3% in August on a 14.3% energy spike tied to the Iran war, locking in a near-certain 25bp ECB hike to 2.5% on Thursday and deepening the global bond-market selloff.

Adobe Q3 Earnings Test: Firefly AI vs. Disruption
Business & Earnings
MAJOR
Sep 96 min read

Adobe Q3 Earnings Test: Firefly AI vs. Disruption

Adobe ADBE reports Q3 fiscal 2026 earnings on September 10 as markets test whether Firefly AI revenue can outpace accelerating creative-tool cannibalization.

Meta Shares Jump 6% Premarket on Muse AI Debut
Technology
MAJOR
Sep 96 min read

Meta Shares Jump 6% Premarket on Muse AI Debut

Meta Platforms shares surged 6% in Wednesday premarket trading after Muse, its persistent personal AI agent, launched Tuesday evening as the company's clearest answer yet to rivals in the consumer…

Brent Oil Tops $100 on Iran Strike Escalation
Geopolitics
SEISMIC
Sep 96 min read

Brent Oil Tops $100 on Iran Strike Escalation

Brent crude surpassed $100 a barrel for the first time since July after U.S. forces struck five Iranian tankers overnight following an Iranian ballistic missile attack on a U.S. Navy warship,…

Marvell Technology Stock Rallies on $8B AI Guidance
Technology
MAJOR
Sep 95 min read

Marvell Technology Stock Rallies on $8B AI Guidance

Marvell Technology (MRVL) jumps 6.4% as CEO Matt Murphy lifts FY2028 revenue guidance to $8B, more than doubling prior targets on AI custom silicon demand from every major hyperscaler.

German Bund Hits 13-Year High on Iran Oil Shock
Markets
SEISMIC
Sep 96 min read

German Bund Hits 13-Year High on Iran Oil Shock

Germany's bund and France's 30-year bond hit multi-decade highs as Iran's oil shock triggers synchronized global inflation repricing across G7 debt markets.

August CPI Puts Interest Rates in Focus Before FOMC
Markets
MAJOR
Sep 96 min read

August CPI Puts Interest Rates in Focus Before FOMC

Markets hold in a narrow band ahead of Friday's August CPI, the last inflation gatekeeper before the Fed's September 15-16 rate decision; July ran at 3.4%.

Trump's Full-Court Press Challenges Warsh on Interest Rates
Markets
SEISMIC
Sep 96 min read

Trump's Full-Court Press Challenges Warsh on Interest Rates

Trump, Vance, Bessent, and three senior economic advisors have publicly lobbied Fed Chair Kevin Warsh not to raise rates at the September 16 FOMC decision.

August Jobs Shock Lifts Fed Hike Odds to 60%
Economy
MAJOR
Sep 95 min read

August Jobs Shock Lifts Fed Hike Odds to 60%

The August nonfarm payroll beat of 162K -- nearly triple the 55K estimate -- has pushed September FOMC rate hike odds to 60%, making Friday's CPI print the week's decisive data event.

Peloton PTON -6% as Morgan Stanley Calls Decline Structural
Markets
MAJOR
Sep 95 min read

Peloton PTON -6% as Morgan Stanley Calls Decline Structural

Morgan Stanley cuts Peloton to Underweight, citing a 78% collapse in new subscriber additions from pandemic peak and a projected -6% CAGR in connected fitness subscriptions through fiscal 2029.

Roivant Sciences Surges 24% on PH-ILD Trial Win
Healthcare
MAJOR
Sep 95 min read

Roivant Sciences Surges 24% on PH-ILD Trial Win

Pulmovant's mosliciguat becomes the first drug to meet a Phase 2 primary endpoint in pulmonary hypertension with interstitial lung disease, a disease with zero approved treatments, vaulting ROIV…

Wright Kills Iran Deal Hope as Brent Nears $100
Geopolitics
SEISMIC
Sep 96 min read

Wright Kills Iran Deal Hope as Brent Nears $100

Energy Secretary Chris Wright declared the U.S. may destroy Iran's nuclear capabilities rather than negotiate, erasing oil markets' diplomatic discount as crude prices approach triple digits.

Dell (DELL) Surges 9% on Record AI Server Quarter
Technology
MAJOR
Sep 95 min read

Dell (DELL) Surges 9% on Record AI Server Quarter

Dell Technologies Q2 AI server revenue surged 58% to $6.4 billion, pushing shares up 9% and prompting the company to raise its full-year revenue guidance to $92 billion.

LULU Falls 17% to 8-Year Low After Guidance Slash
Business & Earnings
MAJOR
Sep 95 min read

LULU Falls 17% to 8-Year Low After Guidance Slash

Lululemon slid to its lowest level since 2018 after its third full-year guidance cut of 2026 projected revenue falling 5-7%, as Americas comparable sales plunged 12% and women's leggings revenue…

Trump Moves to Ban Bombardier From US Market
Geopolitics
MAJOR
Sep 96 min read

Trump Moves to Ban Bombardier From US Market

Trump's threat to bar Canada's Bombardier from US aviation markets widens the US-Canada trade confrontation beyond goods tariffs into aircraft certification, drawing rare Republican dissent from…

Novartis Pelacarsen Fails Phase 3, Sinking Lp(a) Class
Markets
SEISMIC
Sep 96 min read

Novartis Pelacarsen Fails Phase 3, Sinking Lp(a) Class

Novartis's pelacarsen fails its 8,323-patient Phase 3 cardiovascular trial despite Lp(a) lowering, sending Amgen 10% lower and clouding Lilly's competing pipeline.

Intel Rallies 9% on Processor Price Hike and Upgrade
Technology
MAJOR
Sep 95 min read

Intel Rallies 9% on Processor Price Hike and Upgrade

Intel (INTC) jumped 9% on a 10% chip price hike and Northland Securities upgrade, reaching $20.04 and generating a $6 billion paper gain for the U.S. government's 9.9% stake in its most…

Moderna Cancer Vaccine Wins Phase 3, Gets Sell Rating
Markets
SEISMIC
Sep 96 min read

Moderna Cancer Vaccine Wins Phase 3, Gets Sell Rating

Moderna's intismeran-Keytruda combination became the first cancer vaccine to clear a pivotal trial, yet Rothschild & Co. Redburn cut MRNA to Sell from Neutral on valuation, citing a share price…

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