Pomegra
Markets
Jun 235 min read
US 2-Year Treasury Yield Hits 16-Month High at 4.23%
US 2-year Treasury yields rose to a 16-month high of 4.232% on June 22, driven by heavy government bond supply and a decisively hawkish Federal Reserve.
Pomegra Newswire - Page 84 of 104
Market News
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
Articles - Page 84
Markets
Jun 236 min read
Micron-Anthropic Pact Drives SOX to Record High
A strategic supply and investment agreement between Micron Technology and Anthropic pushed the Philadelphia SOX semiconductor index to fresh record territory, capping a week in which the benchmark…
Markets
Jun 237 min read
Alphabet AI Exodus Drags Comm Services -3.83%
Communication services shed 3.83% Monday as Alphabet's AI talent exodus erased ~$250 billion in market cap; real estate and energy sectors led gains.
Business & Earnings
Jun 235 min read
Lucid LCID Cuts 18% of US Staff, COO Departs
Lucid Group announces its second deep US workforce reduction in four months, eliminating around 1,500 roles as new CEO Silvio Napoli moves to restructure the struggling EV maker around…
Markets
Jun 235 min read
Strategy (MSTR) Slides 2.89% as Bitcoin Futures Wobble
Strategy Inc. (NASDAQ: MSTR) fell 2.89% to $106.30 in Monday trading as bitcoin futures wobbled near $61,940, extending a volatile stretch that has exposed structural strain in the company's…
Markets
Jun 235 min read
APGE Holds Near $135 Deal Price After 47% Buyout Surge
Apogee Therapeutics (APGE) trades at $131.75, off 0.6%, just below AbbVie's $135.11 cash offer as merger arbitrageurs position for a Q3 2026 close.
Markets
Jun 234 min read
AbbVie Acquires Apogee Therapeutics for $10.9B
AbbVie agrees to acquire Apogee Therapeutics at $135.11 per share in an all-cash deal valued at approximately $10.9 billion, deepening its immunology pipeline with a next-generation IL-13 antibody.
Business & Earnings
Jun 237 min read
MU Falls 9% in Pre-Earnings Reversal
Micron Technology shed 9.03% on Tuesday, wiping out Monday's Anthropic deal surge as elevated options positioning and a sky-high earnings bar weighed on the stock.
Markets
Jun 237 min read
GOOGL Plunges as DeepMind Nobel Winner Joins Anthropic
Alphabet shares extended their steepest slide in more than a year after Nobel Prize-winning DeepMind scientist John Jumper departed for Anthropic, completing a catastrophic week for Google's AI…
Markets
Jun 236 min read
SPCX Faces July 7 NDX Entry as KeyBanc Starts Sector Weight
SpaceX is set for Nasdaq-100 (NDX) entry by July 7 under a new fast-track rule, as KeyBanc starts SPCX coverage at Sector Weight on valuation concerns.
Markets
Jun 237 min read
SPCX Retreats 16% in Three Sessions as $20B Bond Shakes IPO Investors
SpaceX shares surrender most of their post-debut advance after a massive bond offering raises leverage concerns among investors who bought into the historic public listing just weeks ago.
Markets
Jun 236 min read
STOXX 600 Opens Lower as Global Tech Rout Spreads to Europe
The STOXX Europe 600 slid as much as 1% at Tuesday's open, tracking an overnight global technology rout that sent South Korea's KOSPI crashing nearly 10% and unnerved markets from Tokyo to Hong Kong.
Markets
Jun 235 min read
SK Hynix, Samsung Fall After Historic Korea Cap Flip
SK Hynix and Samsung each shed more than 4% on June 23, 2026, a day after SK Hynix displaced Samsung atop Korea's equity market for the first time since 2000.
Markets
Jun 237 min read
Korea's Kospi Plunges 6%, Leads Asia on AI Unwind
South Korea's Kospi sank more than 6% and the Kosdaq fell 6.27%, leading Asia lower as an AI-trade selloff wiped months of gains from Samsung and SK Hynix.
Markets
Jun 237 min read
Dow, S&P 500, Nasdaq Futures Plunge June 23, 2026
U.S.
Markets
Jun 225 min read
Alan Greenspan, Fed Chair Who Warned on Debt, Dies at 100
Former Federal Reserve Chairman Alan Greenspan, who spent decades warning that America's swelling entitlement obligations and structural deficits posed a fundamental threat to long-term economic…
Markets
Jun 225 min read
UWM Battles for Two Harbors Ahead of Crucial Vote
United Wholesale Mortgage fights for Two Harbors in a June 23 shareholder vote as a 60% stock slide and Rocket's $9.4B deal reshape U.S. home lending.
Markets
Jun 227 min read
Wall Street 2026: FedEx Earnings and PCE in Focus
FedEx reports Q4 fiscal 2026 results on June 23 and the May PCE inflation gauge publishes June 25, delivering two high-stakes catalysts for markets in a single week.
Policy & Regulation
Jun 227 min read
Portugal Eyes Sovereign Wealth Fund for Strategic Stakes
Prime Minister Luís Montenegro unveiled the Fundo Soberano on June 21, 2026, positioning the state-backed vehicle to take equity positions in energy, banking, and telecoms — a signal of Lisbon's…
Markets
Jun 228 min read
U.S. Stock Futures Muted on Iran 60-Day Deal Roadmap
Wall Street futures drifted lower in premarket trading Monday as the U.S. and Iran agreed on a 60-day roadmap toward a final deal after the first round of Switzerland talks concluded over the weekend.
Business & Earnings
Jun 225 min read
EasyJet Rejects Three Castlelake Takeover Bids
EasyJet's board unanimously turned away three escalating offers from U.S. investment firm Castlelake, calling the £6.25-per-share final proposal "highly opportunistic" and fundamentally…
Markets
Jun 227 min read
Hong Kong Stocks Near Bear Market on China Growth Fears
Chinese stocks listed in Hong Kong slid sharply on Monday as weak mainland consumption data pushed the Hang Seng China Enterprises Index to the brink of a 20% decline from its October 2025 peak —…
Business & Earnings
Jun 225 min read
AbbVie Buys Apogee Therapeutics for $10.9 Billion
AbbVie agrees to acquire Apogee Therapeutics in a $10.9 billion all-cash deal, its largest biotech M&A move since 2019, anchored by the IL-13 inhibitor zumilokibart for atopic dermatitis.
Geopolitics
Jun 225 min read
Starmer Resigns, Britain Set for Seventh PM in 10 Years
Keir Starmer steps down as UK Prime Minister on June 22, 2026, deepening British political instability and triggering a Labour leadership race expected to be won by Andy Burnham.
Markets
Jun 207 min read
Eli Lilly's Obesity Pill Positions as Lifelong Treatment
Eli Lilly's Foundayo emerges as a lifetime obesity drug, backed by weight regain data and analyst forecasts of $14.8 billion in peak annual sales.
Markets
Jun 207 min read
Taiwan Postpartum Care Draws U.S. Mothers Abroad
American mothers are traveling to Taiwan's premium postpartum care centers for services costing as little as $5,000 — far below comparable U.S. boutique retreats — amid a widening gap in maternal…
Markets
Jun 207 min read
Bitcoin Inverse Head-and-Shoulders Eyes $69K on Fed Hold
Bitcoin's inverse head-and-shoulders pattern targets $69,000 as the Fed's hawkish June 17 rate hold tests the bullish reversal setup from $63,961.
Technology
Jun 207 min read
CrowdStrike: Cyber Is the Backbone of AI, CEO Kurtz Says
CrowdStrike CEO George Kurtz declares cyber is AI infrastructure as Q1 FY2027 revenue rises 26% to $1.39 billion, lifting the tech sector outlook for security spending across the enterprise.
Markets
Jun 206 min read
US Heavy Truck Sales Fall, Signal Recession Risk
U.S. commercial truck sales fell 13.6% in 2025, reviving a closely watched recession signal that has preceded every American economic downturn since 1973.
Business & Earnings
Jun 206 min read
Live Nation CEO: Concert Tickets Still Underpriced
Live Nation CEO Michael Rapino argues concert tickets remain a bargain despite surging prices, as Q1 2026 revenue climbs 12% and 26 million tickets are sold ahead of a packed summer season.