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Pomegra Newswire - Page 5 of 108

Market News

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

Articles - Page 5

Kremlin: China Preparing Trump-Xi-Putin Summit at APEC
Geopolitics
MAJOR
Oct 236 min read

Kremlin: China Preparing Trump-Xi-Putin Summit at APEC

The Kremlin says Beijing is preparing a first-ever Trump-Xi-Putin meeting around the Nov. 18-19 APEC summit in Shenzhen, but China has yet to confirm it.

Micron Technology Stock Rebounds as Chip Rout Eases
Technology
MAJOR
Oct 235 min read

Micron Technology Stock Rebounds as Chip Rout Eases

Micron Technology stock rose about 3% premarket Friday as SanDisk gained 4% and SK Hynix 6%, bouncing back from Thursday's steep semiconductor selloff.

Deckers (DECK) falls 7% as Hoka, UGG outlook cut
Business & Earnings
NOTABLE
Oct 236 min read

Deckers (DECK) falls 7% as Hoka, UGG outlook cut

Deckers (DECK) fell about 7% premarket after the Hoka and UGG owner cut its fiscal 2027 sales outlook to $5.7 billion on heavier discounting and weaker demand.

P&G (PG) Q1 2027: Core EPS $2.00 Beats, Stock Up 5%
Business & Earnings
NOTABLE
Oct 235 min read

P&G (PG) Q1 2027: Core EPS $2.00 Beats, Stock Up 5%

Procter & Gamble beat first-quarter estimates with $2.00 core EPS and 4% organic growth, but flagged a $1.4 billion commodity-cost hit for fiscal 2027.

SpaceX (SPCX) Rebounds 1.5% After 9% Drop on Tower Talks
Technology
MAJOR
Oct 234 min read

SpaceX (SPCX) Rebounds 1.5% After 9% Drop on Tower Talks

SpaceX (SPCX) rose about 1.5% after a 9% slide as Bloomberg reported a hunt for 80,000 US cell sites and Phillip Securities double-upgraded the stock to Buy.

Volvo Cars Q3 2026: Shares Plunge 25% on SEK 5.6B Loss
Business & Earnings
MAJOR
Oct 235 min read

Volvo Cars Q3 2026: Shares Plunge 25% on SEK 5.6B Loss

Volvo Cars shares fell about 25% after a SEK 5.6 billion Q3 2026 operating loss, 2,500 job cuts, a near-halving of China revenue and US tariff pressure.

Kalshi Faces Utah Suit, Washington Block, CFTC Oil Push
Policy & Regulation
MAJOR
Oct 236 min read

Kalshi Faces Utah Suit, Washington Block, CFTC Oil Push

Kalshi faces a Utah gambling suit, a Washington court block and a CME-backed bid to stop its perpetual oil contract, testing CFTC authority over state law.

Bitcoin Falls to $81,500 as ETF Outflows Hit $635M
Markets
NOTABLE
Oct 235 min read

Bitcoin Falls to $81,500 as ETF Outflows Hit $635M

Bitcoin slipped to about $81,500 as spot ETFs shed $635 million, ending a three-day inflow run and triggering $431 million in leveraged long liquidations.

Nasdaq drops 2.6% as AI spending fears hit megacaps
Markets
MAJOR
Oct 236 min read

Nasdaq drops 2.6% as AI spending fears hit megacaps

The Nasdaq fell 2.6% on Thursday, its worst day since June, as AI spending fears and an oil spike hit Amazon, Nvidia and Alphabet while Apple gained.

10-Year Treasury Yield Drops to 4.95% on AI Fears
Economy
MAJOR
Oct 236 min read

10-Year Treasury Yield Drops to 4.95% on AI Fears

The 10-year Treasury yield fell 19 basis points to 4.95% on Thursday, its biggest one-day drop since March 2023, as a tech selloff sent investors into government bonds.

Brent Crude Hits $113 as Iran Strike Plans Surface
Geopolitics
MAJOR
Oct 235 min read

Brent Crude Hits $113 as Iran Strike Plans Surface

Brent crude jumped 4% to $113.17, its highest close since May, as the US and Israel were reported to plan fresh Iran strikes after the midterm elections.

IBM Stock Falls 7% on Q3 Beat as AI ROI Doubts Surface
Technology
NOTABLE
Oct 236 min read

IBM Stock Falls 7% on Q3 Beat as AI ROI Doubts Surface

IBM shares fell about 7% despite a Q3 2026 beat as CEO Arvind Krishna flagged AI return scrutiny and the company held full-year revenue guidance at 4%-5%.

Russia Ready to Resume Ukraine Peace Talks After Nov. 10
Geopolitics
MAJOR
Oct 236 min read

Russia Ready to Resume Ukraine Peace Talks After Nov. 10

Moscow has agreed in principle to restart trilateral Ukraine peace talks with Washington and Kyiv on or after November 10, with Abu Dhabi the proposed venue.

Carney: Trump's 50% Tariffs Raise US Family Costs
Geopolitics
MAJOR
Oct 236 min read

Carney: Trump's 50% Tariffs Raise US Family Costs

Canada's Carney says Trump's 50% tariffs raised costs for American families, as Ottawa and Ontario unveil nearly C$9 billion in support for steel and autos.

Capital One Q3 2026: EPS $6.69 Beats, Shares Rise 4%
Business & Earnings
MAJOR
Oct 236 min read

Capital One Q3 2026: EPS $6.69 Beats, Shares Rise 4%

Capital One (COF) rose about 4% after hours on Tuesday after adjusted third-quarter earnings of $6.69 per share beat estimates and management said Discover deal benefits are now visible.

Comcast (CMCSA) Q3 2026: Media Gains Offset Broadband Loss
Business & Earnings
NOTABLE
Oct 235 min read

Comcast (CMCSA) Q3 2026: Media Gains Offset Broadband Loss

Comcast shares rose about 3% on October 22 after adjusted EPS of $1.07 beat the $0.98 estimate, as media revenue and Peacock offset connectivity weakness.

Blackstone Q3 2026: Shares Jump 6% on Record $1.4T AUM
Business & Earnings
NOTABLE
Oct 236 min read

Blackstone Q3 2026: Shares Jump 6% on Record $1.4T AUM

Blackstone (BX) shares rose about 6% after Q3 earnings beat estimates, with record $1.4 trillion in assets under management and $63 billion of inflows.

Nasdaq heads for worst week since June on AI debt, oil
Markets
MAJOR
Oct 236 min read

Nasdaq heads for worst week since June on AI debt, oil

The Nasdaq is on track for its worst week since late June, down about 4.5%, as AI financing worries and Brent crude near $110 pressured tech and chip stocks.

Nvidia, Tesla Samsung Deal Hits AI Stocks on Funding Fears
Technology
MAJOR
Oct 236 min read

Nvidia, Tesla Samsung Deal Hits AI Stocks on Funding Fears

A reported $2.8 billion Nvidia and Tesla investment in Samsung Electro-Mechanics revived circular financing fears and hit AI stocks on Thursday, October 22.

Gold Falls Below $4,100 as Fed Rate Hike Bets Hit 90%
Economy
NOTABLE
Oct 235 min read

Gold Falls Below $4,100 as Fed Rate Hike Bets Hit 90%

Gold slid 1.1% to about $4,095 an ounce as a Brent rally toward $112 pushed December Fed rate hike odds to 90% ahead of the October 27-28 FOMC meeting.

Strait of Hormuz: 7 Tankers Hit, Brent Tops $112
Geopolitics
MAJOR
Oct 225 min read

Strait of Hormuz: 7 Tankers Hit, Brent Tops $112

Iranian state TV says seven tankers were hit in the Strait of Hormuz overnight, the most in a day since the war began, as Brent crude rose to near $112 a barrel.

Tesla Q3 2026: EPS Beat, $20B Capex Cut, Shares Slip
Business & Earnings
MAJOR
Oct 225 min read

Tesla Q3 2026: EPS Beat, $20B Capex Cut, Shares Slip

Tesla (TSLA) beat Q3 2026 estimates with $0.48 EPS on $28.05B revenue, yet shares slipped about 2% after hours as Tesla cut 2026 capex to roughly $20 billion.

Moderna Falls 25% as Leaked Melanoma Data Spooks Investors
Healthcare
MAJOR
Oct 224 min read

Moderna Falls 25% as Leaked Melanoma Data Spooks Investors

Moderna shares fell as much as 25% after early-leaked Phase 3 melanoma vaccine data showed a 42% cut in recurrence risk, below Wall Street's lofty expectations.

Nasdaq Meta: stock falls 7% as AI capex drains cash
Business & Earnings
MAJOR
Oct 225 min read

Nasdaq Meta: stock falls 7% as AI capex drains cash

Nasdaq Meta shares fell about 7% after Q3 revenue beat, as 2026 AI capex rose to $135-145B and free cash flow turned negative for the first time since 2012.

Aevex (AVEX) Jumps 11% After Disputing Navy GARC Report
Business & Earnings
NOTABLE
Oct 225 min read

Aevex (AVEX) Jumps 11% After Disputing Navy GARC Report

Aevex (AVEX) stock rose more than 11% after the drone maker rejected a Bloomberg report that the Navy stopped buying its GARC boat, a day after a 33% plunge.

US Orders Embassy Staff Out of Saudi Arabia
Geopolitics
MAJOR
Oct 226 min read

US Orders Embassy Staff Out of Saudi Arabia

The US ordered non-essential embassy staff and families out of Saudi Arabia after deadly Houthi strikes, denying a wider Gulf evacuation as Brent neared $111.

Spotify (SPOT) Q3 2026: Shares Rise 5% on Q4 Outlook
Business & Earnings
NOTABLE
Oct 225 min read

Spotify (SPOT) Q3 2026: Shares Rise 5% on Q4 Outlook

Spotify shares rose about 5% after its fourth-quarter operating income guidance beat expectations and monthly active users grew 11% to 788 million.

Lockheed Martin Q3 2026: Stock Jumps on $292B Backlog
Business & Earnings
MAJOR
Oct 225 min read

Lockheed Martin Q3 2026: Stock Jumps on $292B Backlog

Lockheed Martin (LMT) beat third-quarter 2026 estimates with $7.97 EPS on $20.7B revenue and raised its full-year outlook. A record $292B backlog, built on missile demand, supports the guidance.

American Airlines Falls 4% as 2026 Loss Widens
Business & Earnings
NOTABLE
Oct 226 min read

American Airlines Falls 4% as 2026 Loss Widens

American Airlines (AAL) shares fell about 4% after it widened its 2026 loss forecast to $1.00-$1.60 a share on jet fuel near $4.70, dragging Delta and United.

China's CSI 300 Enters Bear Market After 10-Week Rout
Markets
MAJOR
Oct 226 min read

China's CSI 300 Enters Bear Market After 10-Week Rout

China's CSI 300 fell 20% from its June peak as the Hang Seng Tech index dropped as much as 5.3%, with AI profitability doubts and weak consumption weighing.

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