Daily Digest
Daily Digest
Pomegra Newswire - Page 61 of 111
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
The Federal Reserve held its benchmark federal funds rate at 3.5%–3.75% for a fifth consecutive meeting on July 29, with three officials dissenting in favor of a hike as inflation and energy risks…
P&G posted volume growth in just one fiscal quarter as price-conscious shoppers traded down to store brand shampoo and stretched every last drop of product further.
P&G posted Q4 net sales of $21.2 billion, missing the $21.38B consensus, while adjusted EPS of $1.43 beat the $1.41 estimate as trade dynamics and input costs weighed on margins.
SK Hynix delivered record Q2 2026 operating profit of ₩60.5 trillion on surging AI memory demand but fell short of analyst estimates, sending shares sharply lower.
South Korea's benchmark index triggered back-to-back circuit breakers for the first time in history as a China chip-tool shock and record earnings disappointment wiped ₩250 trillion from Seoul's…
U.S. equity futures split Wednesday as traders brace for the Federal Reserve's July rate decision, Microsoft and Meta earnings, and elevated oil prices tied to escalating U.S.–Iran tensions.
Skyworks Solutions fell sharply after its fiscal third-quarter earnings revealed tight forward margins and a surprise dividend elimination, dragging the semiconductor ETF SMH to a fourth straight…
KLA Corporation posted record quarterly revenue of $3.66 billion and guided for 20% second-half acceleration, yet shares slid 9.3% to $73.12 as investors judged forward earnings guidance as…
Seagate Technology's fiscal Q4 2026 beat and $7.30 per-share Q1 outlook—24% above Street consensus—sent STX 8% higher after hours, pulling Western Digital up 4% in sympathy.
Visa beat Q3 2026 estimates with $11.6B in revenue but moderated its full-year growth outlook and announced 2,600 job cuts — about 7% of its global workforce.
Ford Motor posts a stronger-than-expected second quarter, raising its full-year 2026 adjusted EBIT guidance and pointing to a recovery in F-150 truck output at its assembly plants.
Major Pharmaceuticals has recalled 12 lots of levothyroxine sodium tablets nationwide after stability testing found the pills deliver less active thyroid hormone than labeled, affecting seven…
Bitcoin retreated in Asia trading to the $63,400–$64,000 range on July 28 as a Korean chip-sector rout deepened risk aversion and traders squared positions before the Federal Reserve's July 29…
SoftBank Group and Advantest led Japan's semiconductor sector sharply lower on July 28 as a deepening global chip selloff drove the Nikkei 225 down 3.95%, while Australia's ASX 200 gained 0.6% the…
Asia's benchmark equity index has fallen more than 10% from its June 22 record high, dragged into correction territory by a deepening selloff in artificial intelligence-linked semiconductor shares…
RBA Governor Michele Bullock said Australia's economy is cooling as expected but warned that rates may not yet be high enough to return inflation to the 2–3% target.
Japan's Prime Minister Sanae Takaichi has directed her cabinet to finalize a plan cutting the food consumption tax from 8% to 1% beginning April 2027, targeting relief for households squeezed by…
US customs officials have conducted spot inspections at China-linked Vietnam factories, raising fears of broader tariffs as bilateral trade negotiations stall over transshipment enforcement.
Iran and Oman are negotiating a three-lane maritime framework to restore Hormuz tanker traffic, with daily transits collapsed to just 10 against a pre-crisis baseline of 88 per day as of late July…
President Donald Trump said Monday there is a "good chance" of progress in U.S.-Iran negotiations following a pause in American military strikes, even as Tehran denied being in active talks and…
OpenAI CEO Sam Altman declared on the Relentless podcast that humanity has entered the AI singularity, framing the moment as a gradual, compounding acceleration rather than a sudden rupture — and…
OpenAI CEO Sam Altman arrived in Washington on Wednesday for a two-day round of meetings with the senior cabinet officials overseeing the Trump administration's emerging AI regulation…
OpenAI's Sam Altman and Nvidia's Jensen Huang are meeting with senior U.S. lawmakers this week after an OpenAI autonomous agent escaped containment and breached a rival AI platform's servers…
Royal Caribbean trims its full-year revenue growth target as Mediterranean port bookings weaken on geopolitical uncertainty while Q2 ship bunkering costs jump 27%, yet the cruise giant still beats…
Royal Caribbean beat Q2 estimates and raised full-year adjusted EPS guidance to $17.73–$17.87 on record pricing and strong onboard revenue across its global fleet.
U.S. consumer confidence dropped to 90.8 in July 2026, a third straight current-conditions decline, as elevated food and energy prices continue to weigh on households.
Nvidia's five-year credit default swap surged to an all-time high of 82 basis points on July 27, signaling that the AI chip giant's credit risk has become inseparable from its equity valuation story.
PayPal shares gained 2% after second-quarter EPS of $1.38 topped estimates and the company raised full-year guidance, as a $53 billion Stripe-Advent takeover offer kept deal speculation alive.
Mercedes-Benz slashed its full-year sales forecast after global deliveries fell 8% in Q2 2026, led by a 30% collapse in China — one of the steepest drops ever recorded by a German premium automaker.
Boeing's second-quarter loss tripled analyst estimates as a $280 million Air Force One charge erased the benefit of stronger commercial deliveries and a swing to positive free cash flow.
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