Pomegra
Markets
Jun 46 min read
Active Stocks: GameStop, Palo Alto Networks, Macy's
GameStop posts record profit and bids for eBay; Palo Alto Networks beats on AI security demand; Macy's lifts 2026 guidance—all ranking among the day's most active stocks.
Pomegra Newswire - Page 94 of 104
Market News
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
Articles - Page 94
Markets
Jun 46 min read
ADX, FINTECH.TV Open MENA's First Exchange Studio
Abu Dhabi Securities Exchange and FINTECH.TV launch the MENA region's first live financial news studio inside a stock exchange, creating a daily media bridge between Abu Dhabi and Wall Street.
Markets
Jun 47 min read
Heavy Truck Sales Signal US Recession Risk
Heavy truck sales have plunged to four-year lows, a pattern that has historically preceded every major US recession since 1979, raising concern among economists and fleet operators alike.
Policy & Regulation
Jun 44 min read
Miran Calls for Half-Point Fed Cut in Lone Dissent
Stephen Miran's debut FOMC vote breaks with the full committee, pushing for a 50-basis-point rate cut as the Fed trims borrowing costs by 25 basis points to 4.00%–4.25%.
Markets
Jun 47 min read
AI Trading Crowding Erases Quant Edge, 2026
As algorithmic trading floods markets with identical signals, the six-percentage-point alpha premium that systematic funds once commanded is evaporating, raising fresh quantitative risks across…
Markets
Jun 46 min read
Lemonade Expands Autonomous Car Insurance to Indiana
Lemonade's AI-powered autonomous car insurance reaches Indiana, offering Tesla FSD drivers a 50% per-mile rate cut in the insurtech's third state rollout since January 2026.
Technology
Jun 46 min read
Duolingo CEO: AI Lifts Output 4-5x, No Layoffs
Duolingo CEO Luis von Ahn says Duolingo AI makes employees four to five times more productive, as the company lifts its 2025 revenue guidance to $1.02 billion without cutting headcount.
Markets
Jun 37 min read
Gundlach: 25% Gold Allocation Is Not Excessive
Jeffrey Gundlach's call for a 25% gold investment weighting has been validated by the metal's run past $5,500 — and the DoubleLine chief still sees upside as inflation and dollar weakness persist.
Markets
Jun 37 min read
Nscale Challenges Nvidia's AI Cloud at $14.6B
London-based neocloud Nscale reaches a $14.6 billion valuation after a record $2 billion raise, positioning Europe's AI infrastructure as a rival to U.S. hyperscalers and Nvidia's own compute…
Technology
Jun 36 min read
Humanoid Robots: Physical AI's Next $40T Frontier
Goldman Sachs raised its 2035 humanoid robots market forecast sixfold to $38 billion as physical AI deployments scale from factory pilot to full industrial production.
Economy
Jun 36 min read
India Rupee Crisis Puts RBI Rate Hike on Table
The India rupee's 8% collapse since January — driven by $110 crude oil and $16.5 billion in capital flight — forces the RBI to weigh a surprise rate hike at its June 5 policy decision as Indian…
Geopolitics
Jun 37 min read
US Targets 60 Economies With Forced-Labor Tariffs
The Trump administration proposes 10%–12.5% Section 301 tariffs on 60 trading partners over forced labor failures, escalating the global trade war and rebuilding its legal tariff architecture…
Geopolitics
Jun 37 min read
US, Iran Trade Strikes as Ceasefire Frays
US strikes on Qeshm Island and an Iranian drone hit on Kuwait's airport deepen cracks in the fragile ceasefire as US-Iran peace talks stall over Lebanon.
Markets
Jun 36 min read
Rheinmetall Sells Auto Unit for €350M, Goes All-Defense
Germany's Rheinmetall completes its pivot to pure-play defense by selling its automotive Power Systems division to Aequita for €350 million, targeting €50 billion in annual revenue by 2030.
Markets
Jun 37 min read
ADP: US Private Hiring Jumps 122K in May 2026
ADP (Nasdaq: ADP) on Tuesday reported that U.S.
Markets
Jun 35 min read
Macy's Lifts 2026 Outlook as Turnaround Gains Traction
Macy's raises its full-year 2026 guidance after posting a Q1 earnings beat, with Bloomingdale's surging 10.2% and the Bold New Chapter strategy delivering results.
Markets
Jun 35 min read
Eli Lilly, Ascidian Sign $1.9B Kidney Disease Pact
Eli Lilly and Ascidian Therapeutics ink a $1.9 billion RNA-editing collaboration targeting inherited kidney diseases, the latest deal in Lilly's accelerating genetic medicine expansion.
Business & Earnings
Jun 36 min read
Elation Health Acquires Aster for Agentic AI in Care
Elation Health buys Aster to advance agentic AI for independent primary care, adding autonomous workflow tools for 50,000+ clinicians and 24 million patients.
GeopoliticsPolicy & Regulation
Jun 35 min read
Navy Grants EdgeRunner IL6 for Maritime Edge AI
EdgeRunner AI secures Navy IL6 Authority to Operate, enabling classified maritime edge computing for carrier strike groups operating in DDIL environments.
Markets
Jun 34 min read
FOMC 2026: Divided Fed Delivers 25-bps Cut
The Federal Reserve cut its benchmark rate 25 basis points to 3.25–3.50% on Wednesday, its first reduction in 2026, amid the sharpest internal division in three decades.
Markets
Jun 36 min read
Silver's 115% Rally Keeps Precious Metals Bull Alive
Silver at $75/oz in June 2026, up 115% year-on-year, as supply deficits and soaring industrial demand from solar and EVs extend the precious metals bull run.
Geopolitics
Jun 37 min read
Trump Teases Iran Blockade Lift, Sparking Peace Hopes
Trump signals the US naval blockade on Iran could be lifted under a 60-day US-Iran deal framework, reigniting Mideast diplomacy and jolting energy markets.
Business & Earnings
Jun 35 min read
Ericsson Rallies 11% on Q4 2025 Earnings Beat
Ericsson shares jumped 11% in Stockholm after Q4 2025 results delivered 6% organic growth, an 18.3% EBITA margin, and a SEK 15 billion share buyback programme.
Business & EarningsMarkets
Jun 26 min read
GE Vernova Locks In 500 MW Romania Wind Pact
GE Vernova secures back-to-back agreements with Greenvolt to supply 84 turbines across two Romanian wind farms totaling 500 MW, with deliveries beginning in 2026.
Markets
Jun 26 min read
Farmer Sentiment Slips as Input Costs Hit Record High
The Purdue/CME Group Ag Economy Barometer fell to 119 in May 2026, as a record 51% of U.S. farmers named high agricultural costs as their single greatest financial concern this season.
MarketsEconomy
Jun 27 min read
FPL Hardens Grid as Hurricane 2026 Season Opens
Florida Power & Light activates $1 billion in annual storm-hardening investments as the 2026 Atlantic hurricane season begins, deploying 246,000 intelligent grid devices across Florida.
Markets
Jun 27 min read
TSMC: The Most Important AI Company, Not Nvidia
Janus Henderson's Cofsky names TSMC the most critical AI company over Nvidia, citing its foundry lock-in across every leading-edge chip in global production.
Markets
Jun 27 min read
Electric Bills Drive 2026 Voter Fury Before Midterms
U.S. electricity bills, up 30% since 2021 as AI data center demand surges, have become the defining affordability crisis of the 2026 midterms.
Markets
Jun 26 min read
Mumbai Skyline Soars as Housing Pressure Mounts
Mumbai real estate hit record launches in Q1 2026, yet a widening affordability gap is pushing India's financial capital beyond reach for most of its residents.
Markets
Jun 25 min read
Fed's Hammack: Rate Hikes Back on Table
Cleveland Fed President Beth Hammack warns rate hikes may be needed as April inflation runs at 3.8%, stoking concerns over the Fed inflation outlook.