Daily Digest
Daily Digest
Pomegra Newswire - Page 46 of 109
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
The U.S. national debt has crossed the $40 trillion threshold for the first time, intensifying pressure on lawmakers at the U.S. Capitol over fiscal sustainability and long-term borrowing costs.
The Dow dropped 703 points Thursday as bond yields erased Treasury buyback gains in under 24 hours, while Walmart's 9% slide added further pressure.
Trump's declaration of maximum economic pressure against Iran, anchored by sweeping oil tanker sanctions on Tehran's shadow fleet, drove Brent crude to nearly $94 a barrel, its highest settlement…
Walmart stock shed 9% after U.S. comparable sales of 2.6% missed the 3.7% consensus, as gas pump prices above $4 triggered consumer trade-offs at the register.
Federal Reserve Chair Kevin Warsh heads to the annual Jackson Hole, Wyoming symposium on August 28 for his inaugural keynote address, with global markets bracing for a signal on the September 16…
Walmart, Alibaba, Deere, NetEase, and Ross Stores all report August 20, as WMT options price a $42 billion swing and Alibaba profits plunge 76% on AI spending.
Japan's core machinery orders quadrupled consensus expectations in June, rising 16.9% year-over-year as overseas demand for industrial machinery surged more than 150% and domestic…
Brent crude neared $93 a barrel Thursday as the US-Iran MoU expired with no deal and Gulf tanker strikes kept the oil risk premium embedded in prices for a fourth straight session.
Micron and Western Digital fell 5-7% on August 18 as rising Treasury yields and an AI spending report accelerated profit-taking in an extended memory sector.
The U.S. dollar hit a 2.5-month low as Treasury doubled long-end buybacks, pulling yields lower and making the greenback the worst major currency Wednesday.
President Trump convened top digital asset executives including Coinbase's Brian Armstrong at a White House summit, pressing the Senate to advance stalled crypto market-structure legislation…
Markets now price a 65% probability the Federal Reserve holds interest rates in September, a sharp reversal from near coin-flip odds just weeks ago, with Fed Chair Kevin Warsh's Jackson Hole…
July FOMC minutes show several officials beyond the three formal dissenters backed a rate increase, revealing a broadly hawkish Federal Reserve split.
Treasury doubles long-end bond buybacks to $4 billion, sinking the dollar to a three-month low and sparking a broad rally across stocks, gold, and bitcoin.
FOMC minutes from July's divided Fed meeting land Wednesday as Walmart (WMT) reports Q2 earnings Thursday, with VIX rebounding and Brent crude holding near $92 amid an unresolved Iran standoff.
Japan's second-quarter economy expanded just 1.1% annualized, falling well short of the 2.0% forecast, yet most Asian equity markets advanced as robust exports and persistent inflation kept Bank…
Cochlear COH cut its final dividend by 40% to A$1.30 as FY26 underlying profit fell 22%, with shares and CSL pushing the ASX 200 0.2% higher to 9,062.60.
AMCR slipped 1% after earnings as the plastic containers giant targets $90 million in savings while Middle East inflation and climbing capex bite into cash flow.
JPMorgan raised its December 2027 price target for Riot Platforms to $22, implying roughly 16% upside, as the bitcoin miner accelerates its shift into AI data center infrastructure.
The yen has retraced to 159.08 against the dollar, erasing most of its post-intervention advance, as Aberdeen forecasts back-to-back Bank of Japan rate hikes in October and December.
Brookfield Asset Management raises its takeover offer for Reliance Worldwide to A$7.75 a share, valuing the Australian plumbing products maker at A$1 billion in enterprise value and securing…
SpaceX secondary-market shares rose 4.3% to $46.08 on August 20 as a fresh 319 million-share tranche unlocked, following 912 million that became eligible for transfer earlier in August.
Brent's climb to $91.86 on August 19 revived Federal Reserve rate-hike bets, as oil's rebound renews pressure on the central bank's preferred inflation gauge.
WTI crude oil topped $85 a barrel and Brent settled near $91 on August 19, 2026, as renewed crude tanker attacks in the Strait of Hormuz extinguished any remaining hope for a near-term diplomatic…
A Supreme Court ruling triggered IEEPA duty refunds, delivering quarterly windfalls ranging from $30 million for mid-size operators to nearly $1 billion for major retail chains in 2026.
Home Depot reported Q2 2026 EPS of $4.92 and revenue of $47.9B, both topping estimates, but reaffirmed full-year guidance for a second consecutive quarter, limiting the stock's advance.
Western Digital, SanDisk, Marvell Technology, and Seagate fell as much as 9% Tuesday as a Wall Street Journal report on the true scale of big tech's AI debt and a surge in long-term Treasury…
US 30-year Treasury yield reached 5.33%, a 19-year peak, as Japan, Germany, and France bonds simultaneously hit multi-decade highs on inflation and mounting fiscal pressures.
Surging sovereign bond yields hit multidecade highs on Tuesday, driving the S&P 500 down 0.6%, the Nasdaq 1.3%, and sending chip stocks sharply lower in a third straight losing session.
The Federal Reserve's July meeting minutes land Wednesday as Walmart prepares Thursday earnings, while Brent crude near $91 a barrel and a climbing VIX make this the most event-dense week in…
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