
Fed Rate Hike Odds Hit 45% After Hot September CPI
September CPI rose 3.7% from a year earlier, lifting Fed rate hike odds for the Oct. 27-28 meeting to 45% and pushing the 10-year Treasury yield above 5.3%.
Daily Digest
Daily Digest
Pomegra Newswire - Page 9 of 108
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways

September CPI rose 3.7% from a year earlier, lifting Fed rate hike odds for the Oct. 27-28 meeting to 45% and pushing the 10-year Treasury yield above 5.3%.

Brent crude oil price reached $110 on Houthi strikes on Saudi Arabia, its highest since May, reviving inflation fears and weighing on Wall Street stocks.

CoreWeave (CRWV) shares fell about 25% this week as credit default swaps topped 1,000 basis points, putting its $51 billion AI debt load under scrutiny.

The Philadelphia Semiconductor Index's eight-session slide, its longest since 2008, erased over $1 trillion and gave the Nasdaq its worst week since June.

President Trump says Washington is discussing denuclearization with Beijing and Moscow, ahead of a Xi-Trump meeting at next month's APEC summit in Shenzhen.

Google's Willow chip cut quantum errors 40-fold in a Science paper, reviving Bitcoin Q-Day fears, though no machine can break Bitcoin's encryption today.

MSTR fell 3% to 4% after MSCI finalized rules that could remove Strategy and other bitcoin-treasury firms from its indexes, with $2.8B in outflows at stake.

Ericsson shares rose as much as 11% on Q3 2026 results, with network sales driving a SEK 10.1 billion EBITA beat, though component costs threaten 2027 margins.

Evercore ISI lifted its SpaceX (SPCX) target to $275 from $230 as faster compute growth lifts 2027 and 2029 forecasts; shares trade near $150 premarket.

Anthropic reported $16.8B in Q3 2026 revenue, up 45% on the quarter, with adjusted profit and positive cash flow, as its IPO roadshow nears the week of Nov. 9.

Iran has told Hezbollah to raise combat readiness as Washington weighs the MOAB bomb, keeping Brent above $105 and Gulf oil supply under growing threat.

Nike (NKE) rose about 5% on Thursday, leading the Dow Jones Industrial Average higher as investors rotated out of AI stocks and into cheaper consumer names.

A US-Mexico tariff deal has stalled after Lutnick opposed deep cuts to the 25% auto and 50% steel and aluminum duties, while Mexico says talks still advance.

Houthi strikes on a Saudi Aramco office in Dhahran pushed the EU-Gulf summit off its October 24 date and dragged Gulf stocks lower, with Brent near $105.

Fed Chair Kevin Warsh declined to signal an October fed rate hike after hot PPI data, and traders cut the odds of a move this month to about 15% from over 25%.

SK Hynix fell 11% and Samsung 9% as the KOSPI dropped over 7%, with AI stocks hit by rate and inflation fears before Asian chipmakers rebounded Friday.

Tesla unveiled its long-delayed Roadster with SpaceX gas thrusters as TSLA slides toward Oct. 21 Q3 earnings and an NHTSA robotaxi probe clouds the outlook.

Netflix (NFLX) is cutting about 1,000 jobs, or 6% of its workforce, its largest layoff since 2022, less than a week before third-quarter earnings on Oct. 20.

The Trump administration is weighing sanctions relief for shadow fleet tankers to curb record freight rates, days after a Russian diesel sanctions waiver.

The IEA will release over 20 million barrels of emergency diesel and speed up March's record stock draw, but the volume covers under one day of global demand.

Ukraine struck Rosneft's Ryazan refinery after a three-day pause, as Zelenskiy said "we're done" and called the US withdrawal of intelligence sharing dangerous.

CoreWeave stock rebounded about 6% Thursday after a 15% Wednesday plunge, as Nvidia's Jensen Huang ruled out a backstop and credit swaps hit a record.

Alcoa (AA) rose about 2% after hours on Q3 adjusted EPS of $1.82 versus $1.47 expected, while Interactive Brokers and J.B. Hunt slipped 1-2% on Oct. 15.

Wall Street's Dow industrials average rose 1.08% on Thursday as investors rotated out of AI and chip stocks after hot CPI and PPI inflation readings.

Charles Schwab posted record Q3 2026 revenue of $7.2 billion and $190 billion in new client assets, but SCHW shares fell after guidance pointed to the low end of ranges.

Character.AI filed for Chapter 11 on Oct. 12 with Disney opening bidding at $20M for a perpetual IP license; the platform winds down if no buyer emerges.

Thoma Bravo-backed Proofpoint will pay $49.75 a share for cybersecurity firm Varonis, a 52% premium to its pre-rumor price, with closing expected in the first half of 2027.

The GFS Pride sank in the Strait of Hormuz and a second Singapore-flagged ship was hit, pushing Brent near $106 weeks before the US midterm elections.

The Pentagon has drawn up options to use the 21,600-pound MOAB on Iranian nuclear and energy sites, lifting escalation risk and oil prices in the six-month war.

Walmart (WMT) rose more than 2% after Deutsche Bank upgraded the retailer to Buy, citing margin gains from advertising, membership and automation into 2027.