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Pomegra Newswire - Page 79 of 112

Market News

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

Articles - Page 79

Marine Le Pen: France Court Cuts Election Ban
Geopolitics
Jul 77 min read

Marine Le Pen: France Court Cuts Election Ban

A Paris appeals court upheld Marine Le Pen's embezzlement conviction on July 7 but slashed her public-office ban, clearing her formal path to France's 2027 presidential race under a condition she…

SpaceX Nasdaq-100 Entry: First Mega-IPO Fast Track
Markets
Jul 79 min read

SpaceX Nasdaq-100 Entry: First Mega-IPO Fast Track

SpaceX (SPCX) becomes the first mega-IPO to join the Nasdaq-100 under new fast-track rules, triggering an estimated $4.3 billion in forced passive buying across index-tracking funds on July 7.

Samsung Drops 10% Despite Record Profit on AI Chip Fears
Markets
Jul 77 min read

Samsung Drops 10% Despite Record Profit on AI Chip Fears

Samsung Electronics shed as much as 10% in intraday trading on July 7, 2026, erasing over $100 billion in market value despite reporting a 19-fold surge in quarterly profit driven by AI memory…

Damascus Bomb Rocks Syria During Macron's Visit
Geopolitics
Jul 77 min read

Damascus Bomb Rocks Syria During Macron's Visit

Twin explosions wounded at least 18 people in central Damascus on July 7, 2026, as French President Emmanuel Macron pursued landmark diplomatic talks with Syria's new leadership, exposing fragile…

NATO Ankara Summit: Trump Arrives, Billions in Arms Deals
Geopolitics
Jul 78 min read

NATO Ankara Summit: Trump Arrives, Billions in Arms Deals

NATO allies unveiled tens of billions in fresh military contracts as U.S. President Trump arrived in Ankara for the 36th NATO summit, with F-35 sales to Turkey and the 5% spending deadline…

Morgan Stanley: AI Investment Pivot Toward Hyperscalers
Markets
Jul 77 min read

Morgan Stanley: AI Investment Pivot Toward Hyperscalers

Morgan Stanley's July 2026 report signals a rotation in AI investment strategy, with hyperscalers like Microsoft, Amazon, and Meta poised to capture attention as chipmakers lose momentum.

US Leading Economic Index Falls as Labor Market Frays
Economy
Jul 76 min read

US Leading Economic Index Falls as Labor Market Frays

The US Leading Economic Index has declined on a rolling six-month basis while June payrolls missed estimates sharply, intensifying debate over the economic growth outlook and recession risk…

BTC Gains $1,800 After Trump's Crypto Accounts Signal
Markets
Jul 76 min read

BTC Gains $1,800 After Trump's Crypto Accounts Signal

Bitcoin recovered nearly $1,800 from Monday's session low as President Trump signaled openness to adding cryptocurrency to the newly launched Trump Accounts child savings program, sparking a broad…

Syria's Energy Diplomacy Draws Gulf and U.S. Capital
Geopolitics
Jul 77 min read

Syria's Energy Diplomacy Draws Gulf and U.S. Capital

Syria's new government is converting its geographic position and untapped reserves into investment leverage, attracting $28 billion in commitments and landmark deals with Chevron, Saudi Arabia,…

S&P 500, Nasdaq-100 Scale Records on Chip Stock Rally
Markets
Jul 77 min read

S&P 500, Nasdaq-100 Scale Records on Chip Stock Rally

Chipmakers led by Broadcom, AMD, and a broad semiconductor rebound powered Wall Street's key indices to record territory as the Philadelphia Semiconductor Index crowns a 101% first-half surge.

Trump Defends $1.4B Crypto Gains in CNBC Interview
Policy & Regulation
Jul 78 min read

Trump Defends $1.4B Crypto Gains in CNBC Interview

Trump told CNBC's Joe Kernen his crypto earnings are managed legally through family accounts, as his 2025 financial disclosure revealed over $1.4 billion in cryptocurrency-related income.

Global Hedge Funds Trim US Exposure on Policy Risks
Markets
Jul 77 min read

Global Hedge Funds Trim US Exposure on Policy Risks

Global hedge funds and institutional investors are systematically reducing hedge fund US exposure in 2026, pivoting capital toward Europe and Asia-Pacific as tariff volatility, dollar weakness,…

Even Realities Hits $1B Valuation with $150M Round
Technology
Jul 75 min read

Even Realities Hits $1B Valuation with $150M Round

Shenzhen-based AI smart glasses startup Even Realities hits unicorn valuation after closing a $150M pre-Series B round led by Meituan and Tencent, challenging Meta's dominant Ray-Ban lineup.

Coca-Cola Hits Record High as Defensive Stocks Lead Rally
Markets
Jul 76 min read

Coca-Cola Hits Record High as Defensive Stocks Lead Rally

KO hit an all-time high of $84.14 on July 2, 2026, up 20% year-to-date, as Wall Street's defensive stock rally channels capital into dividend stocks away from volatile technology names.

Micron, Ford Sign EV Memory Supply Deal
Technology
Jul 75 min read

Micron, Ford Sign EV Memory Supply Deal

Micron and Ford signed a long-term chip agreement July 6 to secure memory and storage for next-generation EVs as automotive semiconductor demand tightens.

Iran-China Hormuz Deal Reshapes Middle East Energy Flows
Geopolitics
Jul 77 min read

Iran-China Hormuz Deal Reshapes Middle East Energy Flows

Iran confirms preferential Strait of Hormuz transit terms for China, reshaping global energy shipping as Tehran and Oman finalize a post-conflict fee regime.

Spain Eyes 100 Million Tourists as Mideast Shifts Demand
Geopolitics
Jul 66 min read

Spain Eyes 100 Million Tourists as Mideast Shifts Demand

Spain is on track to welcome 100 million tourists in 2026, as Middle East turmoil redirects global tourism demand toward European travel destinations.

US-Japan 15% Auto Tariff Reshapes Global Trade
Geopolitics
Jul 67 min read

US-Japan 15% Auto Tariff Reshapes Global Trade

A US 15% tariff on Japanese autos, effective September 2025, erased Toyota's North America profits and hit the automotive industry for $35.4 billion.

Nvidia Kyber NVL144 Delay Sinks AI Suppliers
Technology
Jul 66 min read

Nvidia Kyber NVL144 Delay Sinks AI Suppliers

Nvidia's Kyber NVL144 rack system slips over 12 months to 2028 on PCB manufacturing snags, sending Asian AI hardware supplier stocks tumbling as much as 18%.

SK Hynix Targets $29.4B US IPO on AI Memory Surge
Technology
Jul 67 min read

SK Hynix Targets $29.4B US IPO on AI Memory Surge

SK Hynix files for a landmark $29.4 billion Nasdaq listing as the world's dominant high-bandwidth memory maker capitalizes on surging AI memory chip demand from data-center giants.

Gold Extends Record-Year Rally as US Labor Cools, Fed Shifts
Markets
Jul 67 min read

Gold Extends Record-Year Rally as US Labor Cools, Fed Shifts

Gold rallied above $4,100 on Monday as June's weaker-than-expected payrolls compressed Fed rate hike odds and reinforced safe-haven demand in an uncertain rate environment.

Samsung Eyes 20% Memory Chip Price Hike and US Listing
Technology
Jul 67 min read

Samsung Eyes 20% Memory Chip Price Hike and US Listing

Samsung Electronics is pushing for a third straight quarterly DRAM price increase of up to 20% while exploring an ADR listing in the United States, as AI-driven demand reshapes the global…

OPEC+ Raises Output for Fifth Month as Hormuz Recovers
Geopolitics
Jul 67 min read

OPEC+ Raises Output for Fifth Month as Hormuz Recovers

Seven major OPEC+ producers approved a 188,000-bpd output increase for August, the alliance's fifth straight monthly hike, as Strait of Hormuz traffic rebounds and Brent crude retreats toward…

SpaceX Nasdaq-100 Debut Marks Private Aerospace Milestone
Markets
Jul 67 min read

SpaceX Nasdaq-100 Debut Marks Private Aerospace Milestone

SpaceX (SPCX) joins the Nasdaq-100 on July 7, 2026, triggering $4.3 billion in forced index-fund buying and a landmark shift for the global private space industry.

TeraWulf, Anthropic Seal $19B Kentucky AI Data Center Lease
Markets
Jul 66 min read

TeraWulf, Anthropic Seal $19B Kentucky AI Data Center Lease

TeraWulf's 20-year, $19 billion lease with Anthropic at its Justified Data Campus marks one of the largest AI infrastructure commitments in U.S. history, sending WULF shares sharply higher.

Apple, Broadcom Seal Custom Chip Pact Through 2031
Technology
Jul 66 min read

Apple, Broadcom Seal Custom Chip Pact Through 2031

Apple and Broadcom extend their custom chip supply deal through 2031, covering AI server infrastructure as Broadcom shares surged more than 5% on the news.

Microsoft Cuts 4,800 Jobs in AI Infrastructure Pivot
Markets
Jul 66 min read

Microsoft Cuts 4,800 Jobs in AI Infrastructure Pivot

Microsoft trims 2.1% of its global workforce, concentrating cuts in Xbox gaming as CEO Satya Nadella accelerates a capital-intensive shift toward artificial intelligence infrastructure.

Trump Rings NYSE and Nasdaq Opening Bells for Trump Accounts Launch
Markets
Jul 68 min read

Trump Rings NYSE and Nasdaq Opening Bells for Trump Accounts Launch

President Donald Trump rang the opening bells at both the New York Stock Exchange and Nasdaq from the Oval Office on July 6, 2026, launching America's first federally backed children's investment…

Jordan Q1 2026 GDP Growth Hits 2.9%
Economy
Jul 66 min read

Jordan Q1 2026 GDP Growth Hits 2.9%

Jordan's economy expanded 2.9% in the first quarter of 2026, outpacing year-earlier growth as services, tourism, and industrial output drove the kingdom's fastest quarterly advance in recent years.

US-Iran Doha Talks Advance Middle East De-escalation
Geopolitics
Jul 68 min read

US-Iran Doha Talks Advance Middle East De-escalation

Indirect negotiations in Qatar's capital make "positive progress" on the Strait of Hormuz and frozen Iranian funds, extending the framework for a permanent settlement.

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