Browse Category

NASDAQ:LDI News 9 January 2026 - 30 January 2026

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.
Mortgage rates today: Rocket stock slips as 30-year fixed moves back above 6%

Mortgage rates today: Rocket stock slips as 30-year fixed moves back above 6%

Rocket Companies shares fell 1.9% to $22.76 in early Wednesday trading as the average 30-year fixed mortgage rate climbed to 6.07%. Mortgage lenders and insurers, including loanDepot and MGIC Investment, also dropped. U.S. consumer prices rose 2.7% in December, keeping traders focused on inflation and upcoming economic data. Investors are watching for fresh mortgage-application numbers and inflation reports later in the day.
UWM Holdings stock (UWMC) jumps 14% on Trump’s $200 billion mortgage-bond order — what’s next

UWM Holdings stock (UWMC) jumps 14% on Trump’s $200 billion mortgage-bond order — what’s next

UWM Holdings shares jumped 13.7% to $5.36 Friday after President Trump announced a $200 billion mortgage bond purchase program. The move sparked rallies in mortgage and housing stocks. UWM’s NYSE-listed warrants are being delisted, according to a Form 25 filing. The company’s $1.3 billion acquisition of Two Harbors Investment is pending, with closure expected in Q2 2026.
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.
Mortgage rates today: Trump’s $200B bond order lifts Rocket Companies stock, loanDepot premarket

Mortgage rates today: Trump’s $200B bond order lifts Rocket Companies stock, loanDepot premarket

NEW YORK, Jan 9, 2026, 06:40 EST — Premarket U.S. mortgage-linked stocks jumped in premarket trading on Friday after President Donald Trump ordered a $200 billion purchase of mortgage bonds, a move aimed at lowering mortgage rates today and improving housing affordability. The policy push lands at a sensitive moment for the housing market. Mortgage rates have eased from last year’s highs, but not enough to unlock demand in a market where prices have stayed elevated and inventories remain tight. Freddie Mac’s latest weekly survey put the average 30-year fixed mortgage rate at 6.16% for the week ended Jan. 8,

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