Daily Digest
Daily Digest
Pomegra Newswire - Page 98 of 104
Daily market coverage from the PomiNews desk - every story with sentiment, impact, and key takeaways
Brent crude pulled back from a session high of $107.13 as Iran's partial reopening of the Strait of Hormuz eased near-term supply fears, with China and Japan among the first beneficiaries.
Cerebras Systems, the Sunnyvale, California-based AI chip designer, began trading on the Nasdaq Global Select Market on Thursday, May 14, 2026, under ticker symbol CBRS — marking one of the most…
Cisco Systems announced on Wednesday, May 13, 2026, plans to eliminate nearly 4,000 positions in Q4 of fiscal year 2026 — less than 5% of its total workforce — as part of a sweeping AI-driven…
The U.S. Commerce Department has granted export licenses to approximately 10 Chinese firms permitting the purchase of Nvidia's H200 AI accelerator chip — the company's second-most powerful…
President Donald Trump touched down at Beijing Capital International Airport on Wednesday, May 13, 2026, accompanied by a delegation of 17 top American executives — including Nvidia CEO Jensen…
Nebius Group (NBIS) reported Q1 2026 revenue of $399M, up 684% year-over-year, as surging demand for GPU infrastructure from Meta, Microsoft, and NVIDIA drives the Amsterdam-based AI cloud company to ...
Nebius Group N.V. (NASDAQ: NBIS) releases its first-quarter 2026 financial results on Wednesday, May 13, 2026, before market open, followed by a live earnings conference call at 8:00 AM ET. The…
Walmart announced Tuesday, May 12, 2026, that it would cut or relocate approximately 1,000 corporate employees as the world's largest retailer accelerates the consolidation of its…
U.S. consumer prices surged 3.8% year-over-year in April 2026, the highest annual inflation rate since May 2023, driven by a 17.9% spike in energy costs tied to the Iran war.
Hims & Hers posted $608.1M in Q1 2026 revenue — up 4% year-over-year but below the $616.8M Wall Street consensus — while swinging to a net loss of $0.40 per share amid a sweeping strategic overhaul of...
On May 9–11, 2026, Micron Technology completed one of the most stunning stock market runs in semiconductor history. Shares of the Idaho-based memory chipmaker closed at $746.81 on May 8 — an…
The AI bull market enters May 2026 with extraordinary momentum — NVIDIA breaches $5 trillion, Samsung crosses $1 trillion, and Asian chipmakers rewrite the global tech power map.
The S&P 500 closed at an all-time high of 7,398.93 on May 8–9, 2026, as the AI-driven tech rally and a blowout April jobs report powered a sixth consecutive week of gains.
Anthropic PBC, the San Francisco-based AI safety company behind the Claude family of large language models, has signed a $1.8 billion seven-year cloud computing agreement with Akamai Technologies…
IREN Limited (NASDAQ: IREN) sent its shares surging more than 13% in after-hours trading on May 7, 2026 — closing the regular session at $56.85 before vaulting to approximately $64.43 in extended…
Cloudflare (NYSE: NET), the San Francisco-based internet infrastructure and cybersecurity giant, announced Thursday evening the elimination of more than 1,100 jobs globally — roughly 20% of its…
CoreWeave (CRWV) posted Q1 2026 revenue of $2.08B, up 112% year-over-year, beating estimates, but Q2 guidance of $2.45–$2.6B fell short of the $2.69B Wall Street consensus, sending shares down 10% aft...
Datadog, Inc. (NASDAQ: DDOG) delivered a landmark first quarter on Thursday, May 7, 2026, reporting its first-ever billion-dollar revenue quarter — $1.006 billion, up 32% year-over-year — blowing…
McDonald's Q1 2026 revenue hit $6.52B, beating estimates, with global comparable sales up 3.8% and adjusted EPS of $2.83 topping Wall Street's $2.74 forecast.
Supermicro shares surged 19% after-hours on May 5, 2026, after Q4 guidance topped Wall Street estimates and gross margins staged a sharp recovery on robust AI infrastructure demand.
Anthropic has committed to spending $200 billion with Google Cloud over five years under a sweeping compute agreement that begins in 2027, cementing the most consequential partnership in the AI…
Advanced Micro Devices (NASDAQ: AMD) delivered its strongest quarterly performance in the company's history on May 5, 2026, posting first-quarter revenue of $10.25 billion — a 38% jump from $7.44…
Coinbase eliminates 14% of its global workforce — roughly 700 roles — as CEO Brian Armstrong pivots the crypto exchange toward an AI-native operating model amid market headwinds.
Palantir Technologies delivered its strongest quarterly performance on record on May 4, 2026, reporting first-quarter revenue of $1.633 billion — an 85% year-over-year increase and the fastest…
Iran's navy claimed missile strikes on US vessels entering the Strait of Hormuz on May 4, 2026, as Washington launched "Project Freedom" to rescue 20,000 stranded seafarers, sending Brent crude surgin...
Nebius Group N.V. (NASDAQ: NBIS), the Amsterdam-headquartered AI cloud company, announced on May 1, 2026 an agreement to acquire Eigen AI, a leading inference and model optimization startup, in a…
eBay shares surged more than 15% in after-hours trading on May 2, 2026, after the Wall Street Journal reported GameStop is preparing a takeover bid targeting a $100 billion valuation.
Reddit, Inc. (NYSE: RDDT) delivered a landmark first-quarter performance on May 1, 2025, posting revenue of $392.4 million — a 61% year-over-year increase from $243 million — and swinging to net…
Hilton, Hyatt, Xenia, Marriott, and Wynn deliver a wave of Q1 2026 earnings as RevPAR growth accelerates and full-year outlooks are raised across the hospitality sector.
SanDisk (SNDK) surged past $1,000 as Q3 FY2026 results shattered Wall Street forecasts, with revenue hitting $5.95B and EPS of $23.41 — fueled by a 233% data center explosion and a $6B share buyback.
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