Daily Digest
Daily Digest
Pomegra Newswire - Page 47 of 83
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
Abivax closes a $920 million equity offering to independently commercialize obefazimod in the U.S. for ulcerative colitis, bypassing a Big Pharma deal and targeting an NDA filing in Q4 2026.
Israel shared intelligence with Washington warning that Iranian hardliners devised a new plot to assassinate President Trump, deepening US-Iran geopolitical tension as ceasefire talks stall.
Stifel raises its Shopify price target to $150 as the retail technology leader's GMV growth outpaces U.S. e-commerce by more than three times, with agentic commerce emerging as the next catalyst.
Bitcoin and Ethereum gained nearly 3% in the week ending July 10, 2026, as spot ETF inflows snapped a 10-day outflow streak and corporate treasury buyers returned to the market.
Goldman Sachs reports Q2 2026 earnings on July 14, with analysts forecasting $16.49 billion in revenue as investment banking revenue momentum accelerates toward a 42% year-over-year gain.
Palo Alto Networks CEO Nikesh Arora says enterprise AI adoption hinges on a 90% price reduction in token costs as agentic workloads push total bills higher despite per-unit declines.
Volkswagen plans to cut its global model lineup by up to half and reduce annual production capacity to 9 million vehicles as China demand collapses and costs spiral.
Shein wins long-awaited Chinese regulatory approval to list up to 341.6 million shares in Hong Kong, targeting a September or October debut at a valuation of $40–$50 billion.
Iran dispatched six tankers carrying 11 million barrels of crude on July 9 as Washington revoked its oil-sales waiver and threatened a new Strait of Hormuz naval blockade, pushing Brent crude up…
Twenty-eight XLK executives made open-market purchases in six months, a record that eclipses 2011 and signals surging tech sector confidence in US stocks.
Micron Technology raises its US manufacturing commitment to $250 billion through 2035, a $50 billion increase fueled by record AI memory chip demand and a New York megafab milestone.
Ohio claims the No. 1 spot in CNBC's annual competitiveness study, dethroning North Carolina by nine points on the strength of the nation's best infrastructure and lowest business costs.
The 21st Century ROAD to Housing Act becomes law without Trump's signature after the Senate's failure to advance his voter ID priority stalls a rare bipartisan win.
Microsoft's total greenhouse-gas output reached 20 million metric tons of CO₂ equivalent in 2025, a 25% rise driven by surging AI data center energy consumption that the company warns…
Brent crude drops to a six-month low in July 2026 as a sweeping IEA world oil demand forecast downgrade of 1 million barrels per day collides with surging post-ceasefire supply, accelerating the…
U.S. large-cap indexes extended gains on July 10, 2026 as semiconductor and artificial-intelligence stocks recovered from an early-quarter sell-off, with the S&P 500 adding 0.09% and the historic…
The US and Iran agreed to halt strikes on July 10 as Pakistan and Qatar mediate to restore peace talks after seven days of escalating attacks drove Brent crude to $78 per barrel.
Genco Shipping & Trading's strongest first-quarter results since 2022 collide with Diana Shipping's $27.34-per-share tender offer, which expires July 10, 2026 — today.
OpenAI's Sam Altman is pressing institutional investors for the capital to sustain AI scaling at a pace that dwarfs anything Wall Street has financed before, while navigating mounting scrutiny…
Fresh data reveals a deepening K-shaped spending trend in the United States, with the wealthiest 10% spending nearly as much on nonessentials as the bottom 70% combined, reshaping the corporate…
Nine NATO nations pledge the Defence, Security and Resilience Bank as a multilateral lender for military spending—but G7 absences raise questions over reach and credibility.
Spain's National Court formally opens the BBVA Villarejo case trial, exposing the bank and 16 defendants to sweeping bribery and espionage charges dating to 2004.
Enerpac Tool Group shares rose 6% after Q3 fiscal 2026 adjusted EPS of $0.60 crushed the Zacks consensus estimate of $0.49, a 22.45% earnings surprise, alongside a $472 million acquisition of SFE…
Levi Strauss beat Q2 2026 estimates and raised its dividend, but LEVI shares fell roughly 5% after hours as guidance missed consensus and second-half margin visibility disappointed markets.
Pakistan calls on Washington and Tehran to uphold the Islamabad MoU as renewed U.S. strikes and Trump's repudiation threaten Middle East stability.
Fast Retailing beat Q3 estimates as operating profit surged 46% to ¥213.8 billion, prompting management to raise its full-year Uniqlo profit outlook for the third consecutive quarter.
The Magnificent 7 now trades at just a 10% premium to the broader S&P 500 — the narrowest gap in over a decade — as mounting AI capital expenditure concerns compress tech stock valuations across…
Italy's data protection authority levied a €158,000 penalty against Character Technologies on July 9, 2026, citing critical gaps in AI age verification and child privacy safeguards on its…
Polestar sold 17,296 vehicles in Q2 2026, a 4% year-on-year decline, as the US Commerce Department's connected-vehicle ban and intensifying European EV competition weighed on PSNY.
Ollama's $65 million Series B, led by Theory Ventures, caps a year in which monthly active developers doubled to 8.9 million and Fortune 500 adoption reached 85%.
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