Daily Digest
Daily Digest
Pomegra Newswire - Page 39 of 108
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
Wheat settled at 784 cents per bushel and corn at 536.5 cents as Russian strikes on Black Sea commercial shipping cut Ukrainian grain exports 76% year-over-year in August, sparking a global…
PayPal shares shed roughly 17% on August 28 after Stripe and Advent International formally abandoned their $53 billion acquisition offer, obliterating the quarter's takeover-driven gains in a…
CENTCOM confirmed Sunday-night airstrikes destroyed Iranian rocket launchers on Larak Island before sea-mine-equipped missiles could enter the Strait of Hormuz, pushing Brent crude up 1.5%.
Tehran's sweeping demands for U.S. political concessions before reopening the Strait of Hormuz cement a geopolitical risk premium in crude oil heading into September, with Brent rising 2.93% on…
Marvell Technology stock dropped roughly 10% on margin guidance despite record revenue, with contagion pulling Micron and SK Hynix more than 8% lower.
CME FedWatch pricing doubled to 50% odds of a September rate hike after Chair Warsh's Jackson Hole speech cited PCE inflation at 3.7% as showing insufficient progress toward the Fed's 2% target.
MRVL shares dropped 10% after a Q2 FY2027 revenue beat, as murky Google AI chip deal details and below-par fiscal 2028 margins stoke investor concern.
Nvidia's blowout $62B quarter and Jensen Huang's 70% fiscal-2028 growth target propel NVDA past $3.25 trillion, making it the world's most valuable company heading into September.
Ross Stores beat Q2 comp-sales estimates by a wide margin as tariff inflation and Iran-war costs redirect consumers to off-price bargain retail chains.
Dollar General raised 2026 EPS guidance to $5.80-$6.00 after a Q2 beat and gross margin expansion, as consumer confidence falls and discount shoppers flood the value chain.
Z.ai's Hong Kong listing surged 8-12% as GLM-5.3-Flash debuted on 100,000 domestic chips, ranking 10th globally and outscoring DeepSeek V4 Pro Max in a direct challenge to US export controls.
Broadcom heads into its September 2 earnings with AI chip revenue set to triple year-over-year as the market awaits a FY2027 guidance raise above the $100 billion threshold.
Nvidia is nearing a $2.9 billion acquisition of Hugging Face, the dominant open-source AI model hub, in a deal that would make Jensen Huang's chipmaker the backbone of the global AI developer…
Tim Cook hands Apple's $4.55 trillion reins to John Ternus on September 1, giving the 25-year hardware veteran eight days before the company's foldable iPhone debut.
Economists project just 55,000 August nonfarm payrolls, creating a stagflation bind for Fed Chair Warsh before the September 15-16 FOMC rate decision.
Dell enters Q2 FY2027 on September 1 with a $51.3 billion AI server backlog and a $60 billion annual server target that has sent DELL 260% higher in 2026.
Palo Alto Networks reaches $398.88, its highest mark in a year, as Benchmark lifts its price target to $400 and the Street prices in a record next-gen security ARR quarter driven by AI workload…
Anthropic's S-1 is expected this week ahead of a $2 trillion October Nasdaq IPO that would surpass SpaceX's June offering as the largest in US history.
Okta stock rocketed 29% after a decisive Q2 FY2027 earnings beat, with Wall Street concluding that governing what AI agents can access makes OKTA the critical chokepoint of enterprise AI…
Salesforce stock posts its second-best session on record after Q2 adjusted EPS of $5.90 crushed the $3.27 consensus and a landmark Anthropic partnership installs Claude as the default AI engine…
Trump's Truth Social broadside against the Big Four beef processors sent Tyson Foods and JBS shares down more than 2.5% in premarket trading on August 28, elevating the threat of the most…
Pernod Ricard (EPA: RI) shares fell 5% after the Paris-listed spirits giant reported a third consecutive annual organic sales decline, with US revenue cratering 14% on tariff-driven demand…
Bill Ackman's Pershing Square disclosed $1.3 billion in new Q2 positions in Visa, Mastercard, and S&P Global, calling all three capital-light toll-takers compounding with inflation.
Dick's Sporting Goods plunges 31% after Q2 EPS of $0.53 misses estimates, with full-year EPS guidance slashed nearly 20% to $1-$2 from $3.50-$4.50.
Elastic N.V. shares vaulted to a new 52-week high after the search-and-observability software maker posted fiscal first-quarter results that topped earnings and revenue estimates by a wide margin,…
Gap Inc. jumped to a four-month high after beating Q2 earnings estimates, naming a retail veteran to lead Old Navy, and raising its fiscal 2026 profit outlook.
GMS Inc. shares surged more than 21% after Brad Jacobs' building-products acquirer QXO proposed an unsolicited all-cash takeover at $95.20 per share, threatening to go directly to shareholders if…
Global interest rates surge to multi-decade peaks as Iran-war inflation, a $40 trillion U.S. debt load, and heavy bond supply drive a synchronized sovereign selloff worldwide.
Iran's crude shipments plunged from 1.7 million to 260,000 barrels per day as Operation Economic Fury chokes Tehran's revenue; Khamenei orders a dollar exit while Treasury targets Banque Misr's…
Wheat is up 51% year-to-date and corn 22%, reaching 3-year highs as USDA yield cuts, Black Sea conflict, El Nino risks, and Chinese buying all converge at once.
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