Daily Digest
Daily Digest
Pomegra Newswire - Page 97 of 104
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
Global trade growth is forecast to slow sharply to 1.9% in 2026 as U.S. tariff deadlines, a stalled EU deal, China redirections, and Middle East supply disruptions converge into the most complex trade...
The Federal Reserve has held its benchmark interest rate unchanged for three consecutive meetings in 2026, as persistent inflation above 3%, oil-price shocks from the Iran war, and a historic…
The US and Iran have "mostly agreed" on a 60-day truce extension after 90 days of war, with Brent crude plunging nearly 19% in May while the Strait of Hormuz remains the central flashpoint in one…
Wall Street's AI trade is showing deep cracks in 2026 as a $2 trillion software wipeout, stalled ROI narratives, and surging old-economy sectors signal the most consequential market rotation in years.
The 2026 Strait of Hormuz crisis, now in its third month as of May 28, has delivered the largest disruption to global energy supply since the 1970s oil crises, with West Texas Intermediate and…
The global semiconductor market surges past the $1 trillion threshold in 2026, fueled entirely by AI infrastructure spending that has permanently reset the industry's demand baseline.
The Commerce Department's Bureau of Economic Analysis released the April Personal Consumption Expenditures (PCE) price index on Thursday, May 28, 2026, confirming that U.S. inflation accelerated…
JPMorgan's Nikolaos Panigirtzoglou says simultaneous outflows from gold and Bitcoin ETFs in May 2026 signal a broad investor retreat from the debasement trade, not a rotation between the two assets.
Situational Awareness LP, the AI-focused hedge fund run by ex-OpenAI researcher Leopold Aschenbrenner, disclosed a 5.6% passive stake in Nebius Group worth ~$2.58 billion, sending NBIS shares sharply ...
Nvidia's NVDA stock closed fiscal year 2026 at $215.9 billion in revenue, and Wall Street's 61 analysts — 91% bullish — see the AI chip giant pushing toward $247–$320 by year-end 2026.
Zscaler shares plunged 24% on May 27, 2026 — one of the steepest single-session drops in the stock's history — despite a strong Q3 FY2026 earnings beat, as a surprise free cash flow guidance cut…
Brent crude fell to $94.77 a barrel on May 27, 2026 — down nearly 5% in a single session — as the US Navy quietly resumed guiding commercial tankers through the Strait of Hormuz, raising hopes of a su...
Micron Technology's MU stock surged 54% in 30 days to trade near $751 as record Q2 FY2026 earnings, sold-out HBM supply, and rising DRAM and NAND prices reshape the AI memory market.
Space Exploration Technologies Corp. — known globally as SpaceX — officially filed its S-1 prospectus with the U.S. Securities and Exchange Commission on May 20, 2026, setting the stage for what…
As of May 26, 2026, the US and Iran stand at a defining crossroads — a 14-point memorandum of understanding is within reach, yet fresh American strikes in the Strait of Hormuz signal how rapidly the f...
On Monday, May 25, 2026, global financial markets staged a broad-based rally after President Donald Trump announced on Truth Social that a peace framework between the United States and Iran had…
Wix.com Ltd. (NASDAQ: WIX) announced a workforce reduction of approximately 1,000 employees on May 25, 2026, as the Tel Aviv-based web development platform grapples with a dramatic deterioration…
Microsoft is canceling most of its internal Claude Code licenses, ending a six-month AI coding experiment that saw adoption surge far beyond budget expectations. The rollback, affecting the…
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 Technology (SPOT) shares surged 13% on Thursday, May 21, 2026, closing at $489.93 after the Stockholm-born streaming giant hosted its first Investor Day in four years at New York City,…
International Business Machines Corporation (IBM) shares exploded higher on May 21–22, 2026, posting a 12.43% single-session gain to close at $252.97 — adding approximately $26 billion to the…
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.
Advanced Micro Devices (NASDAQ: AMD) announced on May 21, 2026 a commitment of more than $10 billion across Taiwan's semiconductor ecosystem, pairing one of the largest chipmaker investment…
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 (NASDAQ: INTU) disclosed on Wednesday, May 20, 2026, that it plans to eliminate approximately 3,000 jobs worldwide — representing roughly 17% of its total headcount of 18,200 employees…
Wall Street's three major indexes opened in negative territory on Tuesday, May 19, 2026, as a convergence of macro headwinds — rising Treasury yields, a persistent global bond selloff, and a sharp…
NextEra Energy, Inc. (NYSE: NEE) and Dominion Energy, Inc. (NYSE: D) entered into a definitive merger agreement on May 18, 2026, combining two of North America's most consequential electric…
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.
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