Daily Digest
Daily Digest
Pomegra Newswire - Page 76 of 82
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
Global equities climbed to record highs on May 25, 2026, as US-Iran peace deal momentum lifted the S&P 500 to 7,542 and sent Brent crude tumbling nearly 5% to two-week lows.
Wix.com announces roughly 1,000 layoffs in May 2026 as surging AI and Base44 costs push the web platform back to a $57.5M quarterly loss, sending WIX shares down 27%.
Microsoft is scrapping most internal Claude Code licenses by June 30, 2026, after token-based billing caused costs to surge — redirecting thousands of engineers to GitHub Copilot CLI.
Dell Technologies beat Q1 FY2026 revenue expectations and raised its full-year profit outlook, powered by $12.1 billion in AI server orders — a single-quarter record that surpassed all of fiscal 2025 ...
The US–Iran conflict enters a fragile memo phase on May 23, 2026, as stalled nuclear talks, an active naval blockade, and Strait of Hormuz uncertainty keep global energy markets on edge.
Spotify shares soared 13% after the company announced a landmark AI music deal with Universal Music Group and unveiled bold 2030 financial targets at its New York Investor Day.
IBM shares surged over 12% on May 22, 2026, adding $26 billion in market cap after the U.S. government awarded Big Blue a $1 billion CHIPS Act grant to build America's first quantum chip foundry.
Intuit shares plunged nearly 20% on May 21, 2026, after fiscal Q3 revenue missed Wall Street estimates and the company announced a sweeping 17% workforce reduction targeting more than 3,000 employees.
Applied Digital (APLD) surged after signing a 15-year, $7.5 billion AI infrastructure lease at its fourth campus, Polaris Forge 3, pushing total contracted capacity past 1 GW.
AMD pledges over $10 billion in Taiwan's semiconductor ecosystem on May 21, 2026, launching its EPYC "Venice" processor — the first HPC chip in production on TSMC's cutting-edge 2nm node.
Nvidia's fiscal Q1 2027 results blew past Wall Street estimates as data center revenue nearly doubled to $75.2B, EPS hit $1.87, and Q2 guidance of $91B stunned analysts.
Intuit announced on May 20, 2026 it will cut 17% of its global workforce — roughly 3,000 jobs — as CEO Sasan Goodarzi doubles down on AI partnerships with OpenAI and Anthropic, sending INTU shares dow...
U.S. equities extended losses on May 19, 2026, as semiconductor stocks dragged the Nasdaq lower, Treasury yields hit 12-month highs, and elevated oil prices stoked fresh inflation fears.
NextEra Energy and Dominion Energy announced a landmark $66.8 billion all-stock merger on May 18, 2026, creating a combined utility giant serving 10 million customers across four U.S. states with 110 ...
Figma (NYSE: FIG) shares surged up to 10% on May 15, 2026 after Q1 revenue hit $333.4M — a 46% year-over-year jump that crushed estimates and triggered a full-year guidance raise.
Strait of Hormuz
Cerebras Systems priced its CBRS IPO at $185 per share on May 13, 2026 — above the expected range — raising $5.55 billion and debuting at a $56.4 billion valuation on Nasdaq May 14.
Cisco is eliminating nearly 4,000 jobs — 5% of its workforce — as part of an AI-driven restructuring, even as the company posts record Q3 FY26 revenue of $15.84 billion and raises its full-year foreca...
The U.S. has approved roughly 10 Chinese companies including Alibaba and ByteDance to buy Nvidia's H200 AI chips, yet not a single unit has shipped as Nvidia CEO Jensen Huang joins Trump's Beijing sum...
President Trump arrived in Beijing on May 13, 2026, with Nvidia's Jensen Huang and Elon Musk aboard Air Force One for a high-stakes two-day summit with Xi Jinping focused on AI chips, trade, and Iran.
Nebius Group (NBIS) reported Q1 2026 revenue of $399M, up 684% year-over-year, as surging demand for GPU infrastructure from Meta, Microsoft, and NVIDIA drives the Amsterdam-based AI cloud company to ...
Nebius Group reports Q1 2026 results on May 13 with Wall Street expecting revenue of $317M–$389M, a 600%+ year-over-year surge, as Bank of America lifts its price target to $205.
Walmart cuts or relocates ~1,000 corporate workers in May 2026 as it merges global-tech and AI teams under a sweeping restructuring drive.
U.S. consumer prices surged 3.8% year-over-year in April 2026, the highest annual inflation rate since May 2023, driven by a 17.9% spike in energy costs tied to the Iran war.
Hims & Hers posted $608.1M in Q1 2026 revenue — up 4% year-over-year but below the $616.8M Wall Street consensus — while swinging to a net loss of $0.40 per share amid a sweeping strategic overhaul of...
Micron Technology (MU) has surged more than 700% over the past year, hitting an all-time high above $746 as AI-driven HBM demand reshapes the global memory chip market.
The AI bull market enters May 2026 with extraordinary momentum — NVIDIA breaches $5 trillion, Samsung crosses $1 trillion, and Asian chipmakers rewrite the global tech power map.
S&P 500
Anthropic signs a landmark $1.8 billion, seven-year cloud computing contract with Akamai Technologies, catapulting AKAM shares 28% and signaling a seismic shift in AI infrastructure procurement.
IREN stock surged over 13% after sealing a five-year $3.4B managed GPU cloud deal with NVIDIA and granting the chipmaker a $2.1B warrant option on 30 million shares.
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