Today: 29 June 2026

Opendoor stock edges up in premarket after 5% slide as UBS hikes target ahead of earnings

Opendoor stock edges up in premarket after 5% slide as UBS hikes target ahead of earnings

Opendoor shares rose 0.8% to $4.73 in premarket trading Wednesday after a 5.1% drop Tuesday on heavy volume. UBS raised its price target to $5 but kept a neutral rating. Investors are awaiting Opendoor’s Feb. 19 earnings and webcast, with focus on cash use, margins, and inventory. S&P 500 futures edged up 0.1% ahead of a delayed U.S. jobs report.
Bank of America stock (BAC) braces for a jobs-report jolt after AI scare hits financials

Bank of America stock (BAC) braces for a jobs-report jolt after AI scare hits financials

Bank of America shares fell 1.8% to $55.39 Tuesday, leading declines among major U.S. banks as financial stocks slid. Investors await a delayed January jobs report Wednesday and inflation data Friday, both seen as pivotal for Federal Reserve rate expectations. AI-driven disruption fears pressured wealth managers and brokerages. U.S. stock futures edged higher premarket, but trading remained cautious.
SoFi stock slips before the bell as Citizens upgrade meets insider sale filing; jobs data ahead

SoFi stock slips before the bell as Citizens upgrade meets insider sale filing; jobs data ahead

SoFi Technologies shares slipped 0.9% to $21.00 in premarket trading Wednesday after a weak close, as investors weighed insider selling and upcoming U.S. labor data. Citizens upgraded the stock to Market Outperform, citing recent pressure from risk-off trades. Director Steven Freiberg disclosed selling 94,225 shares to cover option exercise costs. SoFi recently posted record Q4 adjusted revenue of $1 billion.
11 February 2026
Shopify shares jump premarket after Q4 revenue beat and $2B buyback: what to know

Shopify shares jump premarket after Q4 revenue beat and $2B buyback: what to know

Shopify reported fourth-quarter revenue of $3.67 billion, up 31%, and gross merchandise volume of $123.8 billion. The company forecast first-quarter revenue growth in the low-thirties percentage range and announced a $2 billion share buyback. Net income fell to $743 million from $1.29 billion a year earlier. Shopify expects a lower free cash flow margin in Q1 compared to last year.
11 February 2026
Ford supplier Novelis targets June repair for fire-hit Oswego aluminum plant as quarterly loss widens

Ford supplier Novelis targets June repair for fire-hit Oswego aluminum plant as quarterly loss widens

Novelis reported a $160 million fiscal Q3 loss after two fires at its Oswego, New York, aluminum plant cut shipments by 11%. Repairs are expected to finish by end-June, but Ford said full operations may not resume until as late as September, affecting F-150 production costs. Novelis estimated fire-related repair costs at $255 million. No injuries were reported.
11 February 2026
Nationwide lets UK borrowers sign mortgage deeds online with no witness in lender first

Nationwide lets UK borrowers sign mortgage deeds online with no witness in lender first

Nationwide Building Society has begun accepting digital signatures for mortgage deeds, eliminating the need for witnessed wet-ink signatures. The lender completed its first remortgage using a Qualified Electronic Signature, following HM Land Registry approval in August 2025. Adoption by law firms and conveyancers remains a key hurdle. Industry groups say the change could help reduce delays in UK property transactions.
11 February 2026
Tesla stock price slips in premarket as Tencent WeChat tie-up and sales shake-up grab focus

Tesla stock price slips in premarket as Tencent WeChat tie-up and sales shake-up grab focus

Tesla shares slipped 0.2% to $424.44 in premarket trading Wednesday after a 1.9% gain Tuesday. Tesla named Europe chief Joe Ward as global sales head following a North America leadership exit. Tencent Cloud announced WeChat-linked in-car features for Tesla vehicles in China. In Germany, Tesla filed a criminal complaint against a union member over a secret recording at its Berlin-area plant.
Ford stock price barely moves after $11.1 billion loss — what could swing shares next

Ford stock price barely moves after $11.1 billion loss — what could swing shares next

Ford shares were steady in premarket trading after the company reported a $11.1 billion net loss for Q4 but projected a 2026 profit rebound. Tariffs and aluminum supply disruptions continue to pressure Ford’s truck business. The stock hovered near $13.57 as traders awaited the delayed U.S. jobs report. Ford forecast 2026 adjusted EBIT of $8–10 billion and free cash flow of $5–6 billion.
11 February 2026
QVC Group stock (QVCGA) plunges on creditor-talks report as bankruptcy risk comes into view

QVC Group stock (QVCGA) plunges on creditor-talks report as bankruptcy risk comes into view

QVC Group shares fell 66% to $3.74 Tuesday after reports of debt restructuring talks that could involve Chapter 11 bankruptcy. Trading was briefly halted as the stock swung between $2.88 and $11.16, with 1.5 million shares traded. QVC reported $6.6 billion in debt as of September 30. Investors await the company’s quarterly results on February 26 for updates on liquidity.
11 February 2026
UniFirst stock jumps after report of renewed Cintas takeover talks — what investors watch next

UniFirst stock jumps after report of renewed Cintas takeover talks — what investors watch next

UniFirst shares surged 15% to $230.01 premarket Tuesday after Bloomberg reported takeover talks with Cintas. Cintas confirmed a $275-per-share cash offer in December, valuing UniFirst at $5.2 billion. UniFirst’s board is reviewing the proposal with advisers and has not commented further. Trading volume in UniFirst quadrupled, while investors await updates from either company.
11 February 2026
LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial (LPLA) stock steadies premarket after 8% drop on Altruist AI tax-planning shock

LPL Financial shares hovered near $360.60 in premarket trading Wednesday after plunging 8.3% Tuesday, as Altruist’s new AI tax-planning tool triggered a selloff in brokerage stocks. Raymond James, Charles Schwab, and Ameriprise also dropped sharply. Traders are watching for further declines. Altruist’s Hazel platform can now automate personalized tax strategies for advisers.

Stock Market Today

  • DAIHEN (TSE:6622) Shows Strong Returns But Trades at High Valuation
    June 29, 2026, 2:07 AM EDT. DAIHEN (TSE:6622) has posted significant gains with a 30-day return of 15.52% and a year-to-date return of 71.76%, driving total shareholder returns up 192.25% over one year. The company, involved in transformers, welding equipment, industrial robots, and power solutions, ended trading at ¥18,310 with a price-to-earnings (P/E) ratio of 30.6x, which is notably higher than its industry average of 14.6x and peers at 20x. This premium reflects strong earnings growth of 18% last year and forecasted annual earnings growth near 18%. However, the stock may be overvalued as per the SWS discounted cash flow (DCF) model, suggesting limited downside cushion if growth slows, raising caution for investors given the high P/E and elevated recent total returns.

Latest articles

Trump-era loan caps could open door for private lenders in grad school market

Trump-era loan caps could open door for private lenders in grad school market

29 June 2026
July 1 federal loan caps slash Grad PLUS access, forcing many graduate and professional students to seek private loans; Sallie Mae projects up to 70% origination growth over several years, while SoFi reports record student-loan volume—investors now face a real-time test of how much demand shifts to private lenders as federal limits hit.
IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

IREN Limited (NASDAQ:IREN) slides as Warriors badge faces AI revenue test

29 June 2026
IREN Limited (NASDAQ:IREN) plunged 21.3% to $47.21 over five straight down days despite announcing a record $50M+ annual Warriors jersey deal, as investors focused on the company’s not fully contracted $4.4B target ARR and high short interest at 19.74% of float, with Friday’s close near the lowest analyst target.
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