PomegraNews

Archives
Log in
Subscribe
August 27, 2026

Thursday, August 27, 2026: Bitcoin Tops $100,000 in Biggest Three, Day Rally Since 2023

The Daily Briefing · Thursday, August 27, 2026
Bitcoin Tops $100,000 in Biggest Three, Day Rally Since 2023
Bitcoin Tops $100,000 in Biggest Three, Day Rally Since 2023
Bitcoin surged more than 20% across three sessions to breach $100,000, its strongest short, term rally since late 2023.
Read the full story →
Also today
Dick's Sporting Goods Plunges 31% on Guidance Slash
Dick's Sporting Goods Plunges 31% on Guidance Slash
DKS shares fell 31%, their steepest single, session decline in three years, on a Q2 miss covering both revenue and earnings per share
Trump 'Economic D, Day' on Iran Tests China, Oil Falls
Trump 'Economic D, Day' on Iran Tests China, Oil Falls
Treasury Secretary Scott Bessent unveiled an "economic D, Day" threatening penalties against every nation, bank, and company trading with Iran, with China explicitly warned it is not exempt.
Salesforce Q2 FY2027: CRM Smashes the Street by 80%
Salesforce Q2 FY2027: CRM Smashes the Street by 80%
Non, GAAP EPS of $2.90 beat the $1.27 consensus by approximately 80%, the widest positive earnings surprise in recent Salesforce history.
Meta Pays $6.68B to Settle Child, Addiction Claims
Meta Pays $6.68B to Settle Child, Addiction Claims
Meta will pay $6.68 billion to settle coordinated claims by 29 U.S. states over child, safety failures on Facebook and Instagram.
Canada's $125B Tariff Salvo Signals Full Trade Break
Canada's $125B Tariff Salvo Signals Full Trade Break
Canada targets U.S. steel, dairy, appliances, and farm equipment with levies reaching 50%, covering $125 billion in bilateral trade flows
Affirm Q4 FY2026: GMV Beat Dims on Delinquency Signal
Affirm Q4 FY2026: GMV Beat Dims on Delinquency Signal
Q4 FY2026 GMV topped Affirm's guided range of $13.15B, $13.45B and exceeded the ~29% year, over, year consensus growth expectation
More headlines
Workday Q2 FY2027: Earnings Beat, AI ARR Nears $500M
Workday surpassed Q2 FY2027 consensus of $2.61 non, GAAP EPS and $2.64 billion in revenue on August 27.
Warsh Opens Jackson Hole With Rate Path Uncertain
Kevin Warsh delivers his inaugural Jackson Hole address as Fed Chair on Friday, Aug. 28, at 10:00 a.m. ET, the most watched central bank speech of 2026.
Dollar General Q2 Tops Estimates; DG Surges 10%
Adjusted EPS of $2.48 cleared the $2.00 consensus by $0.48; same, store sales rose 3.5% on a 2.0% lift in customer traffic.
Affirm Q4 FY2026: AI Edge vs. Rising Delinquencies
Consensus expects Q4 revenue of $1.11 billion, up 26.4% year, over, year, and EPS of $0.33, a 65% improvement.
WDAY Q2 FY2027: Can Agentic AI Expand the Guide?
Analysts expect $2.61 non, GAAP EPS and $2.455B subscription revenue, in line with Workday's own 13% year, over, year growth guidance for Q2.
Dollar Tree Q2 Tops Estimates; DLTR Slides on Guidance
DLTR Q2 adjusted EPS hit $2.70, far above the $1.11 consensus, bolstered by a $1.31, per, share net tariff refund benefit.
Best Buy Q2: Revenue Beat Masks 36% Profit Collapse
Revenue of $9.44B beat the $9.24B Wall Street consensus; adjusted EPS of $1.28 topped the $1.21 estimate.
Nike NKE Hits 12, Year Low After Truist Cuts to Hold
Truist cut Nike from Buy to Hold, slashing its price target to $42 from $47 after Dick's Sporting Goods guidance disaster.
Dollar General Q2: Low, Income Consumer Test
Consensus calls for $2.00 EPS on $11.17B in revenue, implying 7.5% and 4.2% year, over, year growth.
Marvell Technology Stock Jumps 7% on Q2 Beat
MRVL Q2 FY2027 revenue cleared the $2.71B consensus, driven by accelerating Google custom silicon delivery and a record data center segment.
BSX Stock Falls 5% as Cyberattack and Recall Collide
Boston Scientific (BSX) shares fell approximately 5% after a cyberattack froze order processing and outbound shipments worldwide.
Nvidia Q2 FY2027: Revenue Doubles, AWS Inks Record GPU Deal
Nvidia posted Q2 FY2027 revenue of $6.2B, up 106% year, over, year, with EPS of $0.22, topping Wall Street consensus on both measures.
Netflix Targets Full Streaming Aggregator Status
Netflix is pursuing an aggregator model, offering competing subscriptions directly inside its app for the first time.
CrowdStrike Q2 FY2027: CRWD Surges 11% on Record ARR Beat
CrowdStrike Q2 FY2027 revenue hit $1.47B, a 26% year, over, year gain, beating the $1.44B consensus estimate.
U.S. Consumer Confidence Sinks to 7, Month Low
Consumer Confidence Index slipped to 89.4, its weakest since January and below the Wall Street consensus of 90.2.
From the startup desk
Instinct Hits $2.5B Valuation on $250M Series B
Instinct (US) raises $350M at a $2.5B valuation led by Index Ventures and Benchmark for its invite-only AI personal agent, whose valuation rocketed from $100M to $2.5B in a matter of weeks under a 23-year-old founder.
Emerald AI Hits $1.05B With $150M Series A
Emerald AI (US) closes an oversubscribed $150M Series A at a $1.05B valuation co-led by Energize Capital and DCVC — with Nvidia, Siemens, and GE Vernova joining — to build AI data centers that dynamically throttle their grid power draw to stabilize the electrical grid.
Generalist Hits $3B on 8VC, Led $200M Extension
Generalist (US) — ex-DeepMind founders Pete Florence and Andy Zeng — close a $200M extension at a $3B valuation led by 8VC for their foundation model that lets a single AI system control different robot bodies without hand-coded task programming.
Video of the day
The Calendar Spread
The Calendar Spread
The Daily Briefing from Pomegra. Market news, educational content only. Nothing here is investment advice.
Don't miss what's next. Subscribe to PomegraNews:
← Newer Friday, August 28, 2026: Hormuz Toll Chokes Oil Flows as WTI Nears $130 Older → Wednesday, August 26, 2026: July PCE: Core at 3.3% Sets Warsh's Jackson Hole Script
Powered by Buttondown, the easiest way to start and grow your newsletter.