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Pomegra Newswire - Page 48 of 109

Market News

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

Articles - Page 48

Nubank App Posts First $1B Profit Quarter
Business & Earnings
MAJOR
Aug 174 min read

Nubank App Posts First $1B Profit Quarter

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.

Brent Gains 1.67% as Oil Refinery Crack Spreads Soar
Markets
MAJOR
Aug 177 min read

Brent Gains 1.67% as Oil Refinery Crack Spreads Soar

Brent settled at $88.52/bbl, up 1.67%, while record oil refinery crack spreads above $80/bbl reveal a structural deficit keeping diesel pump prices elevated across major consuming markets.

Bessent Plans Iran Isolation; Chinese Refinery Curbs Eyed
Geopolitics
MAJOR
Aug 176 min read

Bessent Plans Iran Isolation; Chinese Refinery Curbs Eyed

Treasury's Bessent vows Iran economic measures 'never seen in history,' with secondary sanctions on Chinese refinery buyers of crude expected within days.

Paramount Studios Stock Jumps 9.4% Amid Warner Deal Pause
Business & Earnings
MAJOR
Aug 175 min read

Paramount Studios Stock Jumps 9.4% Amid Warner Deal Pause

Paramount Skydance shares climbed 9.4% on the week as a federal court pause on its $110 billion Warner Bros. acquisition expires August 17, with ticking fees of roughly $7 million per day set to…

Europe Captures 72.6% of Global Equity Fund Inflows
Markets
MAJOR
Aug 175 min read

Europe Captures 72.6% of Global Equity Fund Inflows

European equity funds absorbed $3.52 billion in net flows, claiming nearly three-quarters of all global equity fund allocations as STOXX 600 second-quarter earnings surged 23.4% year-over-year.

Tudor Investment Raises IBIT Stake 18.9% After Selloff
Technology
NOTABLE
Aug 164 min read

Tudor Investment Raises IBIT Stake 18.9% After Selloff

Tudor Investment added 109,446 IBIT shares in Q2 2026, reversing four straight quarters of selling and lifting its bitcoin ETF stake to $22.9 million.

Unitree Prices Shanghai IPO at $9B as Crypto Bets $38B
Markets
MAJOR
Aug 166 min read

Unitree Prices Shanghai IPO at $9B as Crypto Bets $38B

Unitree Robotics prices at $9B on the Shanghai STAR Market as Hyperliquid perpetuals imply $38B - four times higher - ahead of this week's trading debut.

AMD Surges 6.5% as $4.75B Bond Funds Instinct AI
Technology
MAJOR
Aug 164 min read

AMD Surges 6.5% as $4.75B Bond Funds Instinct AI

AMD raised $4.75B in a record four-tranche bond issuance, lifting shares 6.5% as debt funds its Instinct AI buildout while preserving shareholder equity.

Intel's $20B Share Offering Fuels Fab Expansion
Technology
MAJOR
Aug 164 min read

Intel's $20B Share Offering Fuels Fab Expansion

Intel raised $20 billion at $95 per share to fund its chip foundry push, with INTC closing 7.9% above the offer price as markets absorbed 4.8% dilution.

Nvidia Stock Portfolio Hits $63B on Intel, SpaceX Stakes
Markets
MAJOR
Aug 166 min read

Nvidia Stock Portfolio Hits $63B on Intel, SpaceX Stakes

Nvidia's $63.44 billion equity portfolio, led by Intel and SpaceX, added $15.9 billion in GAAP gains last quarter - a material wildcard for the August 26 earnings print.

Walmart, Home Depot Set Consumer Stress Test
Markets
MAJOR
Aug 167 min read

Walmart, Home Depot Set Consumer Stress Test

Four of the country's largest retailers report Q2 2026 results in a compressed three-day stretch as FOMC minutes land Wednesday after July retail sales dropped 0.6%.

Brent Tops $88 as US Threatens New Iran Sanctions
Geopolitics
SEISMIC
Aug 166 min read

Brent Tops $88 as US Threatens New Iran Sanctions

Brent crude and WTI extended weekly gains Friday after the Treasury Department signaled sweeping new economic measures against Iran ahead of an Aug. 17 deadline, tightening a naval blockade that…

Momentum Stocks Chart a Stealth Bear Market Beneath Record Highs
Markets
MAJOR
Aug 166 min read

Momentum Stocks Chart a Stealth Bear Market Beneath Record Highs

Momentum stocks have shed as much as 25% from June peaks while the S&P 500 touches all-time highs, exposing a deepening factor-level bear market invisible to headline index watchers.

Wall Street Books Third Straight Weekly Gain
Markets
NOTABLE
Aug 166 min read

Wall Street Books Third Straight Weekly Gain

The S&P 500 logged its third consecutive weekly advance and 27th record close of 2026, gaining 0.4% for the week despite a Friday pullback triggered by a steep miss in July retail sales.

Inflation Expectations Hit 4.3% on Iran War Shock
Economy
MAJOR
Aug 166 min read

Inflation Expectations Hit 4.3% on Iran War Shock

U.S. consumers now expect prices to rise 4.3% over the coming year, up from 4.2% in July and nearly a full point above the pre-Iran-war baseline of 3.4%, signaling that geopolitical inflation is…

ASX 200 Falls 0.80% as Mining Rout Defies Global Tech Rally
Markets
NOTABLE
Aug 167 min read

ASX 200 Falls 0.80% as Mining Rout Defies Global Tech Rally

Australia's sydney exchange benchmark slid to 9,115.2 on August 14, 2026, with materials losses overwhelming the asx board's technology gains as Wall Street hit fresh record highs.

Korea Chips Rally Splits Asia; Hang Seng Board Falls 1%
Markets
NOTABLE
Aug 156 min read

Korea Chips Rally Splits Asia; Hang Seng Board Falls 1%

South Korea's KOSPI surged 3.6% to 6,813 on semiconductor strength while Hong Kong's Hang Seng board dropped 1% to 25,137 and Shanghai slipped 0.5%.

Russell 2000 Notches 27th Record Close, Leads 2026
Markets
MAJOR
Aug 156 min read

Russell 2000 Notches 27th Record Close, Leads 2026

The Russell 2000 closed at a fresh all-time high of 3,068.42 on Friday, extending its year-to-date lead over the S&P 500 to 9.1 percentage points as small cap stocks cement their role as 2026's…

Hartnett: National Debt Nears $40T Threatens Equity Rally
Markets
MAJOR
Aug 157 min read

Hartnett: National Debt Nears $40T Threatens Equity Rally

BofA's Michael Hartnett warns the surging national debt clock and stubborn 5% long-bond yields are building into a structural brake on equity markets.

Salesforce Drops 2.25%, Disney Gains 2.05% in Dow Split
Markets
MAJOR
Aug 157 min read

Salesforce Drops 2.25%, Disney Gains 2.05% in Dow Split

Salesforce fell 2.25% to lead Dow laggards as Agentforce monetization doubts weigh, while Disney rose 2.05% on record parks and streaming earnings beats.

Hyperscalers Slip: Oracle Leads Decline as AI Debt Alarm Rings
Technology
MAJOR
Aug 158 min read

Hyperscalers Slip: Oracle Leads Decline as AI Debt Alarm Rings

Oracle, Meta, and Amazon shares retreat Friday as Oracle's near-junk credit status and ballooning capex deficits deepen investor anxiety over AI infrastructure returns.

Range Resources Tumbles 7.3% on Natural Gas Selloff
Markets
NOTABLE
Aug 157 min read

Range Resources Tumbles 7.3% on Natural Gas Selloff

Shares of the Appalachian pure-play producer slid 7.3% as natural gas wellhead prices collapsed, regional supply gluts widened, and multiple analysts slashed price targets, pushing the stock to…

Globant GLOB Sinks 12.6% on Weak Q2 2026 Earnings
Business & Earnings
MAJOR
Aug 155 min read

Globant GLOB Sinks 12.6% on Weak Q2 2026 Earnings

Globant dropped 12.6% after the IT services and software development firm missed Q2 2026 estimates and cut its full-year revenue and adjusted EPS guidance.

SanDisk Adds 7.4% as Investor Day Gains Compound
Technology
MAJOR
Aug 155 min read

SanDisk Adds 7.4% as Investor Day Gains Compound

SanDisk rose 7.4% Friday, extending Thursday's 14% Investor Day surge as $93.9B in long-term contracts and an 80% gross-margin target drew broad Wall Street backing.

Chip Trade Splits: Broadcom Drops 6%, AMD Surges
Markets
MAJOR
Aug 157 min read

Chip Trade Splits: Broadcom Drops 6%, AMD Surges

Broadcom fell 5.9% as BofA flagged $370B in AI debt risk on the XPV platform, while AMD gained 6.5% on a street-high upgrade and record data center revenue.

Reddit Joins S&P 500 Aug. 18, Stock Soars 12.4%
Markets
MAJOR
Aug 154 min read

Reddit Joins S&P 500 Aug. 18, Stock Soars 12.4%

Reddit surges 12.4% premarket after S&P Dow Jones Indices confirms the social media platform will be added to the S&P 500 index before the opening bell on August 18, 2026.

S&P 500 Retreats From Record; Dow Loses 108
Markets
NOTABLE
Aug 155 min read

S&P 500 Retreats From Record; Dow Loses 108

Wall Street's record-setting rally stalled Friday as a confluence of macro pressures pulled the S&P 500 0.2% below its all-time high, the Dow shed 108 points, and the Nasdaq 100 edged down 0.1%.

Michigan Consumer Sentiment Slumps to 51 in August
Economy
MAJOR
Aug 156 min read

Michigan Consumer Sentiment Slumps to 51 in August

The University of Michigan's preliminary August consumer survey plunged to 51.0, a 7.6% monthly drop that snapped two straight months of gains and landed well below Wall Street's 55.0 consensus.

July Retail Sales Fall 0.6%, Biggest Drop in 14 Months
Economy
MAJOR
Aug 156 min read

July Retail Sales Fall 0.6%, Biggest Drop in 14 Months

U.S. July retail sales fell 0.6% month-on-month to $763.6 billion — the steepest single-month decline in over a year — as fading tax-refund tailwinds and cautious consumers erased a spring…

OpenAI CFO Friar Woos Investors as IPO Drumbeat Grows
Technology
MAJOR
Aug 156 min read

OpenAI CFO Friar Woos Investors as IPO Drumbeat Grows

OpenAI CFO Sarah Friar's August 14 investor meeting reveals enterprise revenue has overtaken consumer for the first time, propelling the $852 billion AI giant closer to a public debut.

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