PennyMac Financial Services stock plunges 33% after earnings miss hits servicing income

PennyMac Financial Services stock plunges 33% after earnings miss hits servicing income

PennyMac Financial shares plunged 33% to $100.39 Friday after fourth-quarter results showed servicing pretax income fell 70% to $37.3 million. Lower mortgage rates triggered faster prepayments, eroding servicing profits. Net income for the quarter was $106.8 million, or $1.97 per share, missing analyst forecasts. Piper Sandler cut its price target on the stock to $137.
Cavco stock slides nearly 19% after earnings miss; what CVCO investors watch next

Cavco stock slides nearly 19% after earnings miss; what CVCO investors watch next

Cavco Industries shares fell 19% to $501.03 after fiscal Q3 earnings missed expectations, despite an 11.3% revenue rise to $581 million. EPS dropped to $5.58 from $6.90 a year earlier, with margins pressured by higher costs and weaker industry shipments. The company cited a $42 million revenue boost from its American Homestar acquisition but noted increased expenses.
ConocoPhillips stock rises as oil holds near six-month highs — what investors watch next

ConocoPhillips stock rises as oil holds near six-month highs — what investors watch next

ConocoPhillips shares rose 0.9% to $103.74 in Friday afternoon trading, tracking crude prices near six-month highs ahead of Sunday’s OPEC+ meeting. Investors are watching for the company’s fourth-quarter earnings call on Feb. 5. ConocoPhillips’ Alaska operations faced no expected long-term production change after a drilling rig accident. Brent settled at $70.69 a barrel, with OPEC+ expected to hold output steady.
30 January 2026
Merck stock rises as markets wobble — what to watch before the Feb. 3 earnings call

Merck stock rises as markets wobble — what to watch before the Feb. 3 earnings call

Merck shares rose 1.2% to $109.64 Friday afternoon, outperforming a falling S&P 500. Health care stocks attracted buyers as inflation data came in hotter than expected and Donald Trump named Kevin Warsh as Federal Reserve chair. Investors are watching for Merck’s Feb. 3 earnings call, with focus on 2026 guidance and Keytruda sales trends.
Eaton stock slides late Friday as ETN investors weigh AI data-center push, earnings next week

Eaton stock slides late Friday as ETN investors weigh AI data-center push, earnings next week

Eaton shares fell 0.9% to $351.32 Friday after U.S. inflation data and a new Fed nomination rattled markets. The company, active in AI power-supply, will report Q4 earnings Feb. 3 and discuss plans to spin off its Mobility business by Q1 2027. Trading volume topped the 50-day average Thursday as Eaton closed up 2.03%. Investors await 2026 guidance and updates on electrical segment orders.
USA Rare Earth (USAR) stock rebounds after chairman buy as Washington price-floor rethink rattles rare-earths

USA Rare Earth (USAR) stock rebounds after chairman buy as Washington price-floor rethink rattles rare-earths

USA Rare Earth shares rose 1.4% to $22.37 Friday after chairman Michael Blitzer disclosed buying 100,000 shares on Jan. 29. The company this week raised $1.5 billion through a PIPE led by Inflection Point. Trading volume topped 26 million shares amid shifting U.S. signals on critical-minerals price support. The stock briefly jumped nearly 12% before paring gains.
30 January 2026
Colgate-Palmolive stock price jumps 5% after earnings beat and upbeat 2026 sales forecast

Colgate-Palmolive stock price jumps 5% after earnings beat and upbeat 2026 sales forecast

Colgate-Palmolive shares rose 5.2% to $89.70 Friday after the company beat Q4 profit forecasts and projected 2026 net sales growth of 2% to 6%. A $794 million after-tax impairment charge pushed GAAP results to a quarterly loss. Q4 net sales reached $5.23 billion, with adjusted earnings of 95 cents per share. Demand held steady in Latin America and Europe, while North American volumes stayed flat.
SLB stock price today: Shares dip as Oman contract win meets oil-market nerves

SLB stock price today: Shares dip as Oman contract win meets oil-market nerves

SLB shares fell 0.3% to $48.30 Friday afternoon, extending earlier losses and trading below their January peak. The company announced two five-year equipment contracts in Oman’s Block-6, while traders watched oil prices and awaited U.S. drilling data. About 10.8 million shares changed hands. OPEC+ is expected to keep output steady at its meeting Sunday, according to delegates.
Hilltop Holdings (HTH) stock climbs after dividend hike, new $125 mln buyback and Q4 profit lift

Hilltop Holdings (HTH) stock climbs after dividend hike, new $125 mln buyback and Q4 profit lift

Hilltop Holdings shares rose 2.9% to $37.87 Friday after the company reported a Q4 profit of $41.6 million and raised its quarterly dividend to $0.20 per share. The board approved a new $125 million stock buyback plan through January 2027. Mortgage originations reached $2.4 billion for the quarter. The bank set aside $7.8 million for credit losses as non-accrual loans declined.

Stock Market Today

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

Broadcom Stock Gets a Google AI Spend Lift as Jefferies Sees 60% Upside

7 February 2026
Google raised its 2026 capital expenditure forecast to $175 billion–$185 billion, with most spending expected on data-center chips. Broadcom shares rose about 2% after the announcement, while Nvidia and AMD slipped. Jefferies reiterated a buy rating on Broadcom, maintaining a $500 price target, implying a 62% upside from Wednesday’s close.
No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

No $2,000 IRS stimulus check is coming in February 2026 — but Trump’s tariff-check talk keeps the rumors alive

7 February 2026
The IRS has not announced new federal stimulus payments for February 2026, and Congress has not approved fresh checks. Trump told NBC he is considering $2,000 tariff rebate checks but has not committed, saying any payout would likely come later in 2026. The IRS warns taxpayers to ignore texts and emails about “stimulus payments” and verify notices through official channels.
Go toTop