Daily Digest
Daily Digest
Pomegra Newswire - Page 47 of 109
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
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…
Japan's economy expanded just 1.1% annualized in the second quarter, badly missing the 2.0% consensus, yet equities across the region climbed as investors focused on export strength and tempered…
Cochlear cut its annual dividend 20% to A$3.45 per share as FY26 hearing implant profit slid 22%, yet COH shares rallied ~7% on results landing at the top of revised guidance.
Amcor (AMCR) shares slipped roughly 1% as sharply higher capital expenditure and Middle East supply chain disruptions pressured sentiment, even as Berry Global merger synergies ran ahead of schedule.
JPMorgan raised its Riot Platforms (RIOT) price target to $22 for December 2027 following a landmark $9.1 billion AI compute lease with Anthropic, signaling confidence in the miner's…
The yen retreats to 159.08, erasing its intervention rally, as Aberdeen forecasts the Bank of Japan will deliver back-to-back rate hikes to 1.5% by December.
Brookfield raises its Reliance Worldwide bid to A$4.75 per share, valuing the Australian plumbing products company at A$4.1 billion with exclusivity running to September 15.
SpaceX rose 4.3% to $46.08 on Tuesday, with 319 million additional shares set to unlock August 20 as the company's staggered IPO lockup schedule enters its second month.
Oil above $90 a barrel has pushed September Fed rate-hike odds past 82%, forcing markets to abandon the last of their 2026 easing bets ahead of the August 26 inflation gauge.
Brent crude settled near $91 and WTI topped $85 per barrel as Iran's conditions for reopening the Strait of Hormuz kept global oil supply in deficit and negotiations at an impasse.
Retailers and warehouse club operators collected tens of millions in IEEPA tariff refunds after the Supreme Court struck down import duties in February 2026, reshaping quarterly margins.
Home Depot Q2 comp sales rose 1.7% -- a near-four-year high -- while revenue climbed 5.7% to $47.9B; unchanged guidance for a second straight quarter limited the stock's upside reaction.
A Wall Street Journal analysis revealing $3 trillion in off-balance-sheet AI commitments triggered a broad selloff in memory chips and hard drives stocks, with SanDisk, Marvell, Seagate, and…
The US 30-year yield surged to a 19-year high of 5.33% as a global bond market rout swept Japan to 30-year peaks and European yields to post-2008 highs.
The S&P 500 slid 0.6% and the Nasdaq lost 1.3% Tuesday as global sovereign yields hit multidecade peaks, pressuring rate-sensitive tech and chip shares amid rising oil and fiscal alarm.
Stellantis shares sank to a fresh 52-week low Monday after the automaker expanded a rear-view camera software recall to 848,000 U.S. vehicles, deepening investor concern over chronic quality failures.
Canadian exporters face a sweeping 50% US tariff on $20 billion in cross-border goods taking effect Wednesday as Ottawa and Washington remain apart on the terms of a deal.
Workday shares pulled back sharply on August 17 as Deutsche Bank and BTIG cut their ratings, arguing the hr software giant's stock had been priced for a buyout that has not materialized.
Trian is assembling a consortium for a buyout deal targeting Wendy's as WEN stock surged 18.4% despite U.S. same-restaurant sales falling 7% in the most recent quarter.
Reddit's S&P 500 debut Tuesday requires passive index funds to purchase 16.7 million RDDT shares worth roughly $2.97 billion, equal to 2.79 times the stock's average daily trading volume.
Stripe will pay more than $7 billion for OpenRouter, the ai api gateway routing developers across 400-plus AI models, at five times its three-month-old valuation.
Spot gold hit $4,434 per ounce in August 2026 as GLD ETF inflows reached $8.3 billion and central banks extended 21 consecutive months of bullion buying.
Rothschild & Co Redburn upgraded Apple (AAPL) to Buy from Neutral on August 17, raising its price target to $400 -- a 31% premium to current trading levels -- citing the imminent foldable iPhone…
Harvard Management Company disclosed a $1.21 billion SpaceX position, marking one of the largest single private-company holdings ever revealed by a major university endowment.
The iShares 20+ Year Treasury Bond ETF (TLT) fell to $81.68 on Aug. 17, its weakest close since June 2004, as the 30-year Treasury yield climbed to 5.29% - the highest level since 2007.
German companies cut direct US investment to €4.3 billion in H1 2026 - down 67% year-on-year and 80% from 2024 - as tariff policy uncertainty halts long-term capital commitments.
Interest rate markets are pricing an 80% probability of a Bank of Japan September rate increase even as Japan's Q2 GDP printed 1.1% annualized, missing the 2.0% forecast.
China's new yuan loans shrank a record 340 billion yuan in July 2026, as household lending collapsed 460.3 billion yuan, marking the deepest credit contraction in the country's modern banking history.
Taco Bell faces a federal food safety investigation after U.S. health authorities linked the chain to a Cyclospora outbreak spanning 1,947 confirmed cases and 98 hospitalizations, sending Yum!…
Nu Holdings reported $1.06 billion in net income for Q2 2026, its first billion-dollar quarter, sending NU shares up 9.3% in after-hours trading to $15.22.
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