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Pomegra Newswire - Page 58 of 110

Market News

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

Articles - Page 58

Russell 2000 Falls 1.45% to 2,903 as Long-End Yields Bite
Markets
Aug 26 min read

Russell 2000 Falls 1.45% to 2,903 as Long-End Yields Bite

The Russell 2000 dropped to 2,903, leading major indexes lower as elevated long-end Treasury rates revived floating-rate debt fears and squeezed small cap stocks across the board.

Enbridge Line 5 Found Liable for Trespass on Bad River Reservation
Policy & Regulation
Aug 17 min read

Enbridge Line 5 Found Liable for Trespass on Bad River Reservation

A federal court ruled Enbridge's Line 5 pipeline liable for trespassing on Wisconsin tribal land while granting the company additional time to complete a reroute around the reservation.

Replimune Surges After FDA Panel Backs RP1 Melanoma Drug
Healthcare
Aug 16 min read

Replimune Surges After FDA Panel Backs RP1 Melanoma Drug

Replimune shares vaulted more than 127% after an FDA advisory committee voted 10-3 to endorse the efficacy of its combination melanoma therapy, adding nearly $600 million in market value ahead of…

MPWR Q2 2026: Record $980.6M Revenue, Shares Jump 9%
Business & Earnings
Aug 16 min read

MPWR Q2 2026: Record $980.6M Revenue, Shares Jump 9%

Monolithic Power Systems posts record quarterly revenue of $980.6 million, beating Wall Street expectations by approximately 9% as the enterprise data segment surges 164% year-over-year.

First Solar Q2 2026: EPS Surges as Contract Losses Clip Sales
Business & Earnings
Aug 15 min read

First Solar Q2 2026: EPS Surges as Contract Losses Clip Sales

First Solar's Q2 2026 earnings per share of $3.92 crushed analyst estimates while revenue slipped 4% year over year as terminated customer contracts removed prior-period volume from the comparison.

ExxonMobil Q2 2026: Profit Surges, EPS Misses
Business & Earnings
Aug 16 min read

ExxonMobil Q2 2026: Profit Surges, EPS Misses

ExxonMobil posted $14.5 billion in Q2 2026 net income but missed EPS targets as exxon refinery maintenance compressed downstream margins despite record upstream output.

Crude Oil Posts Best Monthly Gain Since March
Markets
Aug 15 min read

Crude Oil Posts Best Monthly Gain Since March

Brent crude surged nearly 20% in July 2026, its strongest monthly advance since March, as escalating U.S.-Iran hostilities threatened flows through the Strait of Hormuz and tightened global supply…

Senate Again Blocks Iran War Powers Limit
Geopolitics
Aug 18 min read

Senate Again Blocks Iran War Powers Limit

The U.S. Senate narrowly voted down a war powers resolution that would have constrained President Trump's military authority over Iran, as the six-month-old conflict shows no signs of diplomatic…

Iran Claims Drone Strike on US Kuwait Air Base
Geopolitics
Aug 17 min read

Iran Claims Drone Strike on US Kuwait Air Base

Iran's military says drones struck U.S. assets at Kuwait's Ahmad al-Jaber Air Base on July 31, in the conflict's 27th retaliatory wave; CENTCOM has not responded.

Iran's Revolutionary Guard Strikes Two Tankers at Hormuz
Geopolitics
Aug 17 min read

Iran's Revolutionary Guard Strikes Two Tankers at Hormuz

Iran's Revolutionary Guard struck two oil tankers crossing the Strait of Hormuz under U.S. air escort on July 31, forcing four additional vessels to reverse course and threatening to collapse a…

Treasury Long-Bond Surge: Deficits and Real Rates 2026
Markets
Aug 17 min read

Treasury Long-Bond Surge: Deficits and Real Rates 2026

The 30-year Treasury yield hits 5.28% as sticky real rates and a projected $2 trillion U.S. fiscal deficit push long-end borrowing costs to their highest levels in nearly two decades.

Nasdaq Futures Reversal: Yields Win Over Earnings
Markets
Aug 17 min read

Nasdaq Futures Reversal: Yields Win Over Earnings

Treasury yields surged to multi-year highs in late July 2026, erasing an overnight Nasdaq futures rally exceeding 1% and signaling that inflation anxiety now outweighs strong corporate results on…

US Treasury Yields Hit 19-Year Highs on Oil Surge
Markets
Aug 16 min read

US Treasury Yields Hit 19-Year Highs on Oil Surge

The 10-year Treasury yield touched 4.738%, its highest since January 2025, while the 30-year breached 5.26% — a level absent from any bond trading desk since 2007 — as $100 oil reignited inflation…

AXT Q2 2026: Record Indium Phosphide Revenue Fuels Surge
Business & Earnings
Aug 16 min read

AXT Q2 2026: Record Indium Phosphide Revenue Fuels Surge

AXT's Q2 2026 indium phosphide semiconductor wafer revenue hit a record $30.7 million, rising 164% year-over-year on surging AI data center demand.

MasTec Q2 2026: GAAP EPS Cut Sends Shares Down 15%
Business & Earnings
Aug 15 min read

MasTec Q2 2026: GAAP EPS Cut Sends Shares Down 15%

MasTec shares fell roughly 14% on July 31, 2026, after the company cut full-year 2026 GAAP EPS guidance to $6.20 from $6.77 despite Q2 revenue climbing 23% to $4.37 billion.

MYGN Stock Down 38% After Q2 Miss and Guidance Cut
Business & Earnings
Aug 16 min read

MYGN Stock Down 38% After Q2 Miss and Guidance Cut

Myriad Genetics plunged 38% in after-hours trading on July 30, 2026, after second-quarter revenue fell 11% and the company slashed its full-year outlook by roughly $90 million citing widespread…

GoDaddy Drops 16% on Soft Guidance and AI Fears
Business & Earnings
Aug 15 min read

GoDaddy Drops 16% on Soft Guidance and AI Fears

GoDaddy stock tumbled 16.4% after Q2 2026 results fell short of growth expectations, as investors weighed in-line guidance against deepening generative AI threats to its website builder business.

Apple (AAPL) Q3 2026: Record Quarter, Q4 Supply Warning
Business & Earnings
Aug 15 min read

Apple (AAPL) Q3 2026: Record Quarter, Q4 Supply Warning

Apple beat fiscal Q3 estimates on strong iPhone and Mac sales, but Tim Cook's admission of a demand forecasting failure on the iPhone production line sent shares tumbling nearly 10%.

Jensen Huang Brings $500B AI Pitch to Capitol Hill
Technology
Aug 16 min read

Jensen Huang Brings $500B AI Pitch to Capitol Hill

After three decades of deliberate distance from Washington, Nvidia CEO Jensen Huang spent late July 2026 walking the Senate corridors, pitching a $500 billion domestic AI infrastructure program…

Tesla Weighs Sale or Spin-Off of China Unit
Geopolitics
Aug 17 min read

Tesla Weighs Sale or Spin-Off of China Unit

Tesla is exploring a potential sale or spin-off of its Shanghai operations amid intensifying U.S.-China trade tensions and rising domestic competition that have pressured margins and volume in its…

Microsoft MSFT: $450 Billion Single-Day Market Cap Gain, a Record
Markets
Aug 17 min read

Microsoft MSFT: $450 Billion Single-Day Market Cap Gain, a Record

Microsoft's Azure cloud unit hit 43% quarterly growth and crossed $100 billion in annual revenue, triggering the largest single-day market capitalization gain in U.S. stock market history.

CVX Q2 2026: Record Output Drives Biggest Profit in Six Years
Business & Earnings
Aug 15 min read

CVX Q2 2026: Record Output Drives Biggest Profit in Six Years

Chevron posted its highest quarterly profit in at least six years, with adjusted EPS of $6.06 beating the $5.57 consensus as record U.S. oil pump volumes and 97%-plus chevron refinery utilization…

Rivian Q2 2026: EPS Beat, Deliveries Guided to 65–70k
Business & Earnings
Jul 315 min read

Rivian Q2 2026: EPS Beat, Deliveries Guided to 65–70k

Rivian posted a -$0.47 adjusted EPS against a -$0.63 estimate, with revenue up 27% to $1.66B and full-year deliveries now guided to 65,000–70,000.

MicroStrategy Q2 2026: $8.6B Bitcoin Loss Deepens EPS Slide
Business & Earnings
Jul 316 min read

MicroStrategy Q2 2026: $8.6B Bitcoin Loss Deepens EPS Slide

MicroStrategy reported a Q2 2026 net loss of $8.6 billion, or -$24.45 per share, as unrealized losses on its bitcoin treasury dominated the quarter's financials.

Reddit (RDDT) Q2 2026: Beats Estimates, Falls 9.6%
Business & Earnings
Jul 316 min read

Reddit (RDDT) Q2 2026: Beats Estimates, Falls 9.6%

Reddit Inc. posted a wide Q2 2026 earnings beat on revenue and profit, yet shares tumbled nearly 10% as slowing U.S. user growth and a frank warning about "choppy" Google search referrals…

Amazon AWS Q2 2026: 37% Growth, Fastest in 18 Quarters
Business & Earnings
Jul 315 min read

Amazon AWS Q2 2026: 37% Growth, Fastest in 18 Quarters

AWS Q2 2026 revenue of $42.2 billion grew 37% year over year, the fastest pace in 18 quarters, as AI demand fills AWS data center and cloud server capacity.

Coinbase Q2 2026: Third Straight Loss, COIN Falls 14%
Business & Earnings
Jul 315 min read

Coinbase Q2 2026: Third Straight Loss, COIN Falls 14%

Coinbase posted a $359 million net loss for its second quarter of 2026, its third consecutive shortfall, as falling crypto prices crushed trading activity on the exchange and sent shares down as…

Roblox Stock Falls 22.5% on Withdrawn Guidance, User Miss
Business & Earnings
Jul 317 min read

Roblox Stock Falls 22.5% on Withdrawn Guidance, User Miss

Shares of the roblox gaming platform tumbled to a near two-year low after the company posted weaker-than-expected Q2 bookings, missed daily active user targets, guided to the first bookings…

Jersey Mike's JMKE Breaks Issue in $1B NYSE Debut
Business & Earnings
Jul 315 min read

Jersey Mike's JMKE Breaks Issue in $1B NYSE Debut

Jersey Mike's sandwich chain priced its IPO at $23 per share, raised $1 billion at a $7.3 billion valuation, and opened nearly 9% below issue on its first trading day on the New York Stock Exchange.

ICE to Acquire MarketAxess in $6B Bond Market Deal
Business & Earnings
Jul 315 min read

ICE to Acquire MarketAxess in $6B Bond Market Deal

Intercontinental Exchange agreed to buy bond trading platform MarketAxess for $167 per share in cash, sending MKTX shares nearly 30% higher in their biggest single-day gain since 2008.

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