Today: 13 June 2026

Shan Ahmed Khan

As a journalist focused on finance and the stock market, he delivers fast, reliable, and easy-to-understand coverage of market news.

Opendoor stock jumps as Trump mortgage-bond push jolts housing-linked names

Opendoor stock jumps as Trump mortgage-bond push jolts housing-linked names

Opendoor Technologies shares surged 13.2% to $7.29 Friday after President Trump ordered $200 billion in mortgage-bond purchases, lifting housing stocks and the Philadelphia Housing index. Treasury Secretary Scott Bessent said the move aims to match the Fed’s pace as it reduces its MBS holdings. Opendoor’s stock, volatile this week, closed above $7 for the first time in months. Investors await the company’s next earnings report, expected Feb. 26.
NASA moves up SpaceX Crew-11 return from ISS after astronaut medical issue — here’s the timeline

NASA moves up SpaceX Crew-11 return from ISS after astronaut medical issue — here’s the timeline

NASA and SpaceX plan to undock Crew-11 from the International Space Station no earlier than 5 p.m. EST on Jan. 14, with splashdown off California at about 3:40 a.m. Jan. 15. The crew is returning early due to a medical issue affecting one astronaut, whom NASA says is stable. A scheduled spacewalk has been canceled. NASA has not identified the astronaut or disclosed details of the condition.
10 January 2026
Lockheed Martin stock jumps near a 52-week high as Truist upgrades LMT and Trump targets defense payouts

Lockheed Martin stock jumps near a 52-week high as Truist upgrades LMT and Trump targets defense payouts

Lockheed Martin shares rose 4.7% to $542.92 Friday after Truist upgraded the stock and raised its price target. The move followed Donald Trump’s call for a $1.5 trillion 2027 U.S. defense budget and an executive order tying dividends and buybacks to weapons delivery. Lockheed also won a $22.6 million U.S. Navy contract for Canada. Investors await fourth-quarter results on Jan. 29.
Hims & Hers stock slides as Amazon adds Wegovy pill, raising fresh pricing fears

Hims & Hers stock slides as Amazon adds Wegovy pill, raising fresh pricing fears

Hims & Hers Health shares dropped 6.4% to $31.69 Friday, extending a two-day slide to 11% after Amazon Pharmacy entered the Wegovy weight-loss pill market. BofA cut its price target and kept an Underperform rating, citing high 2026 estimates. The stock closed below key moving averages and neared oversold levels. The FDA previously warned the company over marketing claims for compounded weight-loss drugs.
Lam Research stock jumps on Mizuho target hike as chip-tool rally sets up next earnings test

Lam Research stock jumps on Mizuho target hike as chip-tool rally sets up next earnings test

Lam Research shares surged 8.7% to $218.36 Friday after Mizuho raised its price target and the PHLX chip index hit a record. Heavy trading snapped a two-day slide for Lam, which will report earnings Jan. 28. Applied Materials and KLA also posted strong gains. Traders are watching next week’s U.S. inflation data and the Fed’s policy meeting for signals on rate cuts.
Oracle stock jumps toward $200 as Stargate funding and a busy macro week collide

Oracle stock jumps toward $200 as Stargate funding and a busy macro week collide

Oracle shares rose 4.7% to close at $198.52 Friday after news that OpenAI and SoftBank will invest $1 billion in Stargate, a $500 billion AI infrastructure project backed by Oracle. The company reported $8.1 billion in quarterly capital spending and $108.1 billion in notes payable and borrowings. Oracle declared a 50-cent dividend payable Jan. 23. Traders await the Dec. CPI data release on Jan. 13.
10 January 2026
NuScale Power stock pops on BofA upgrade as Meta’s nuclear push lifts the SMR trade

NuScale Power stock pops on BofA upgrade as Meta’s nuclear push lifts the SMR trade

NuScale Power shares closed up 4.3% at $20.51 Friday after Bank of America upgraded the stock. The move followed Meta’s announcement of 20-year nuclear power deals and plans to support small modular reactor development. NuScale remains below key moving averages and faces dilution risk from a $750 million at-the-market offering. Next earnings update is expected in early March.
Northrop Grumman stock jumps nearly 5% as Trump’s $1.5 trillion defense-budget talk reshapes the trade

Northrop Grumman stock jumps nearly 5% as Trump’s $1.5 trillion defense-budget talk reshapes the trade

Northrop Grumman shares jumped 4.7% to $618.82 Friday, following U.S. budget signals and new missile-defense and propulsion contracts. Truist Securities downgraded the stock, citing valuation risks. President Trump’s executive order tied defense contractor payouts to weapons delivery, raising policy uncertainty. Investors await Northrop’s Jan. 27 earnings for updates on cash flow and dividends.
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Stock Market Today

  • Andersen Group Poised to Gain from SpaceX IPO Wealth Surge, Says Baird
    June 13, 2026, 11:13 AM EDT. Wealth advisor Andersen Group (ANDG) stands to benefit significantly from the SpaceX IPO, which created thousands of new millionaires and multiple billionaires. Baird highlights a surge in wealth among SpaceX employees, fueling demand for luxury goods and services, including real estate and high-end travel. Andersen's stock has jumped 46% year-to-date and gained 8% on Friday after the IPO. Baird anticipates the firm will expand its client base notably in California and Texas, with potential further gains from upcoming Silicon Valley IPOs. Among seven analysts covering Andersen, five rate it a buy or strong buy, with an average price target offering 6% upside.

Latest articles

Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

Annaly Capital Stock Holds Near $22 After Dividend Hike as Investors Eye Fed Rate Catalyst

13 June 2026
Annaly Capital Management hiked its quarterly dividend to $0.75 per share, boosting its annualized yield to about 13.6% at Friday’s $22.00 close; shares finished nearly flat as investors weighed the higher payout against ongoing interest rate and mortgage market risks, with analyst consensus showing a “Moderate Buy” and an average 12-month price target of $24.22.
Verizon rises as Dow strength returns VZ to dividend spotlight

Verizon rises as Dow strength returns VZ to dividend spotlight

13 June 2026
Verizon surged 2.49% to $48.11 Friday, lifting the Dow as investors favored dividend payers ahead of the July 24 earnings event; with a 5.9% yield and improved postpaid phone adds, the stock trades at 9.6–9.7 times expected 2026 earnings, but heavy debt and limited analyst upside keep risk-reward balanced.
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