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Pomegra Newswire - Page 56 of 110

Market News

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

Articles - Page 56

AMD Q2 2026: Record $11.5B Revenue as Data Center Doubles
Business & Earnings
MAJOR
Aug 56 min read

AMD Q2 2026: Record $11.5B Revenue as Data Center Doubles

AMD delivered record Q2 2026 revenue of $11.5B, up 50% year over year, as data center sales doubled to $6.7B; shares fell nearly 9% after-hours on a gross margin miss.

S&P 500: All 11 Sectors Post YoY Earnings Growth in Q2 2026
Business & Earnings
MAJOR
Aug 57 min read

S&P 500: All 11 Sectors Post YoY Earnings Growth in Q2 2026

Oppenheimer's analyst report finds all 11 S&P 500 sectors posting year-over-year earnings growth in Q2 2026, with three sectors surpassing 100% gains.

AMD Q2 2026: Data Center Revenue Doubles, Stock Wavers After Beat
Business & Earnings
MAJOR
Aug 56 min read

AMD Q2 2026: Data Center Revenue Doubles, Stock Wavers After Beat

Advanced Micro Devices delivered record second-quarter revenue of $11.5 billion, surpassing Wall Street's $11.32 billion consensus, as soaring demand for AI infrastructure chips drove its data…

SpaceX SPCX: $1.2T Market Cap Drop, Analysts Stay Bullish
Markets
SEISMIC
Aug 57 min read

SpaceX SPCX: $1.2T Market Cap Drop, Analysts Stay Bullish

SpaceX has shed more than $1.2 trillion in market value since its June 16 peak, yet Wall Street's consensus remains firmly buy-rated as Starship reusability milestones approach.

SpaceX Q2 2026: Revenue Doubles in Debut Earnings Report
Business & Earnings
MAJOR
Aug 55 min read

SpaceX Q2 2026: Revenue Doubles in Debut Earnings Report

SpaceX posted $7.81 billion in Q2 revenue — up 92% year-over-year — beating Wall Street estimates by nearly $1 billion in its first quarterly report since the landmark June Nasdaq IPO.

Scott Bessent: Hormuz Deal Near as Oil Drops 5%
Geopolitics
SEISMIC
Aug 56 min read

Scott Bessent: Hormuz Deal Near as Oil Drops 5%

Treasury Secretary Scott Bessent signaled a US-Iran deal to reopen the Strait of Hormuz within days, sending Brent crude down 5.3% to below $80 per barrel for the first time in three weeks.

GameStop GME Falls 12% on $1.4 Billion Debt Swap
Markets
NOTABLE
Aug 47 min read

GameStop GME Falls 12% on $1.4 Billion Debt Swap

GameStop Corp. shed 12.3% on August 3, 2026, after a $1.4 billion private convertible-note-for-equity exchange rekindled meme-stock volatility and stoked near-term dilution fears among shareholders.

Goldman Sachs GS Gains on Fixed-Income Trading Strength
Markets
MAJOR
Aug 47 min read

Goldman Sachs GS Gains on Fixed-Income Trading Strength

Goldman Sachs shares advanced Monday as strong overnight fixed-income results and a broad financial-sector rotation lifted the Wall Street giant, extending a year of consistent outperformance over…

Caterpillar Gains as Industrial Demand, Backlogs Strengthen
Markets
NOTABLE
Aug 47 min read

Caterpillar Gains as Industrial Demand, Backlogs Strengthen

Caterpillar shares climbed as recovering construction activity and swelling order backlogs signal a durable upcycle across the company's core heavy-equipment segments.

Micron Climbs 5% as AI Bid Sweeps Memory Sector
Technology
MAJOR
Aug 47 min read

Micron Climbs 5% as AI Bid Sweeps Memory Sector

Micron Technology shares surged nearly 5% Monday as renewed demand for AI infrastructure pushed DRAM chips and storage stocks broadly higher across global markets.

onsemi Surges 7% as AI Data Center Chips Drive Q2 Beat
Business & Earnings
MAJOR
Aug 46 min read

onsemi Surges 7% as AI Data Center Chips Drive Q2 Beat

onsemi shares jump more than 7% after the power semiconductor maker posts $1.6 billion in Q2 revenue, beats on earnings per share, and says AI data center sales will more than double in 2026.

QQQ Jumps 2.71% as Large-Cap Tech Reclaims Ground
Markets
MAJOR
Aug 47 min read

QQQ Jumps 2.71% as Large-Cap Tech Reclaims Ground

The Nasdaq 100 ETF surged 2.71% at midday on August 4, 2026, as AI-driven hyperscalers posted blockbuster earnings and easing Middle East tensions pulled capital back into large-cap tech.

Dow Jones Record 53,178 as Oil Slumps on Iran Talks
Markets
MAJOR
Aug 46 min read

Dow Jones Record 53,178 as Oil Slumps on Iran Talks

The Dow Jones board surged to an all-time high of 53,178.41 Monday as WTI crude plunged 9% and President Trump scrapped a planned Iran strike, igniting a broad wall street bull rally.

S&P 500 at 7,712 Targets All-Time High on Broad Advance
Markets
MAJOR
Aug 46 min read

S&P 500 at 7,712 Targets All-Time High on Broad Advance

The S&P 500 pushed to within striking distance of an all-time record on August 4, 2026, climbing 1.47% to 7,712 as 319 of its 500 components advanced — evidence that the move extends well beyond…

Japan, US Joint Yen Intervention Halts 40-Year Low
Economy
MAJOR
Aug 47 min read

Japan, US Joint Yen Intervention Halts 40-Year Low

Japan and the United States have confirmed their first coordinated currency intervention since 2011, deploying roughly $36.6 billion in yen-buying operations after USD/JPY collapsed to its weakest…

Trump Claims Hormuz Deal, Denuclearization Next — Tehran Disputes It
Geopolitics
SEISMIC
Aug 46 min read

Trump Claims Hormuz Deal, Denuclearization Next — Tehran Disputes It

Trump declared a two-phase agreement with Iran covering the Strait of Hormuz and future denuclearization, but Iranian officials acknowledged only indirect Oman-mediated talks at the negotiation table.

AstraZeneca Drops 7% on Bristol Myers Merger Report
Business & Earnings
SEISMIC
Aug 46 min read

AstraZeneca Drops 7% on Bristol Myers Merger Report

AstraZeneca shares fell sharply in premarket trading after the Financial Times reported early-stage merger talks with Bristol Myers Squibb, raising concerns over deal economics and regulatory…

PLTR Q2 2026: Earnings Crushed on a Base of Doubt
Business & Earnings
MAJOR
Aug 46 min read

PLTR Q2 2026: Earnings Crushed on a Base of Doubt

Palantir Technologies delivered record 93% revenue growth and raised full-year guidance on August 3, 2026, validating fundamentals against a stock chart that had deteriorated sharply.

Palantir Smashes Q2 2026 Estimates, Stock Jumps 14%
Technology
MAJOR
Aug 46 min read

Palantir Smashes Q2 2026 Estimates, Stock Jumps 14%

Palantir Technologies posted 93% year-over-year revenue growth and topped Wall Street's earnings forecasts, sending shares up nearly 14% as commercial demand for its AI software accelerated sharply.

Situational Awareness LP Exits $16B AI Book to Citadel
Markets
MAJOR
Aug 46 min read

Situational Awareness LP Exits $16B AI Book to Citadel

Situational Awareness LP sold its $16B public equity book to Citadel in a single block trade after 4x leverage turned a 439% gain into forced liquidation.

Palantir, Snap Lead Q2 Earnings Wave; Energy Midstream Surges
Business & Earnings
MAJOR
Aug 47 min read

Palantir, Snap Lead Q2 Earnings Wave; Energy Midstream Surges

Six companies spanning artificial intelligence software, consumer social media, pharmaceuticals, and natural-gas infrastructure reported second-quarter 2026 results after Monday's close, with…

U.S. Data Week 2026: JOLTS, ADP, and the Jobs Report
Economy
MAJOR
Aug 46 min read

U.S. Data Week 2026: JOLTS, ADP, and the Jobs Report

A labor-market data barrage runs Tuesday through Friday, with JOLTS job openings, ADP private payrolls, ISM Services, and the July nonfarm payrolls report each arriving in sequence — testing…

Arm Holdings: 29% Slide Tests Valuation Ceiling
Markets
MAJOR
Aug 47 min read

Arm Holdings: 29% Slide Tests Valuation Ceiling

Arm Holdings shed 29% in a month, cracking $240 support as a near-290x trailing P/E and China's accelerating RISC-V pivot force a hard reset on the chip architecture giant's growth premium.

Yen Retreats From 40-Year Low as BOJ Holds, US-Japan Intervene
Markets
MAJOR
Aug 46 min read

Yen Retreats From 40-Year Low as BOJ Holds, US-Japan Intervene

The Bank of Japan held its benchmark rate at 1.00% on July 31 while a historic coordinated US-Japan currency intervention knocked the Japanese yen back from its weakest levels since the mid-1980s.

Russell 2000 Leads Monday Rebound as Yield Pressure Eases
Markets
NOTABLE
Aug 36 min read

Russell 2000 Leads Monday Rebound as Yield Pressure Eases

Small cap stocks staged the sharpest recovery Monday after bearing the brunt of Friday's bond market selloff, with the Russell 2000 outpacing every major U.S. index as the 10-year Treasury yield…

Rate-Sensitive Sectors Surge as Treasury Yields Retreat
Markets
NOTABLE
Aug 37 min read

Rate-Sensitive Sectors Surge as Treasury Yields Retreat

Homebuilders, mortgage REITs, and real estate investment trusts rally in unison as easing bond yields reduce borrowing costs and revive investor appetite for yield-sensitive equities.

Alphabet, Amazon, Meta Lift 2026 Capex; MSFT Holds
Business & Earnings
MAJOR
Aug 36 min read

Alphabet, Amazon, Meta Lift 2026 Capex; MSFT Holds

Alphabet, Amazon, and Meta raised their 2026 capex targets last week to a combined $570 billion, while Microsoft held its AI spending plan steady and was rewarded with a 14% single-day stock surge.

AWS Hits $42.2B Revenue, Fastest Growth Since 2021
Business & Earnings
MAJOR
Aug 35 min read

AWS Hits $42.2B Revenue, Fastest Growth Since 2021

Amazon Web Services posted $42.2B in Q2 2026, up 37% year-over-year—the fastest expansion in 18 quarters—driven by surging demand for AI infrastructure and cloud computing.

SOXX: 15.8% Gap as AI Infrastructure Trade Revives
Markets
MAJOR
Aug 37 min read

SOXX: 15.8% Gap as AI Infrastructure Trade Revives

SOXX, the benchmark semiconductor ETF, trades 15.8% below its July 2026 high of $598 as a $725 billion hyperscaler capex cycle re-accelerates chip demand into year-end.

Chips: the Odd Sector Out as SOX Drops 1.9%
Markets
NOTABLE
Aug 37 min read

Chips: the Odd Sector Out as SOX Drops 1.9%

Semiconductors tumbled while the broader market rallied Monday, with Micron and Broadcom both retreating as the Philadelphia Semiconductor Index fell 1.9% in a session marked by a stark divergence…

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