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NYSE:FAF 7 January 2026

Mortgage rates today: U.S. 30-year hits lowest since Sept 2024 as UK lenders cut deals

Mortgage rates today: U.S. 30-year hits lowest since Sept 2024 as UK lenders cut deals

The U.S. 30-year fixed mortgage rate fell to 6.25%, its lowest since September 2024, MBA data showed Wednesday. Mortgage lenders and homebuilder shares rose in premarket trade as Treasury yields eased. Applications dropped over the holiday period despite the rate decline. Canada’s best advertised five-year fixed rate stayed near 3.89%; UK two-year fixes averaged 4.81%; Australia’s variable average was about 5.51%.
7 January 2026

Stock Market Today

  • FormFactor (FORM) Valuation Questioned After Sharp Share Price Surge
    April 9, 2026, 11:25 PM EDT. FormFactor (FORM) shares soared over 100% year-to-date, driven by optimism in generative AI and high-performance computing demand. The stock closed at $121.07, well above the $84.11 fair value estimate, suggesting the market may have priced in significant future growth. The company's probe cards and early lead in testing next-gen HBM4 chiplets position it to benefit from increasing data center test complexity. However, risks remain, including potential drops in HBM or DRAM demand and tariff impacts that could pressure margins. Analysts caution that current valuations reflect tight margin assumptions and concentrated customer exposure. Investors face the challenge of weighing strong revenue potential against heightened valuation risks amid mixed market sentiment.

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MARA Holdings Stock Rises Even After Target Cut as Bitcoin Miner Leans Harder Into AI

MARA Holdings Stock Rises Even After Target Cut as Bitcoin Miner Leans Harder Into AI

9 April 2026
MARA Holdings shares rose 1.7% to $9.67 Thursday despite Cantor Fitzgerald cutting its price target to $10. The company recently sold 15,133 bitcoin for $1.1 billion and agreed to repurchase $1 billion in convertible notes at a discount. MARA is expanding into AI and cloud infrastructure, but fourth-quarter revenue fell 6% and it posted a $1.7 billion net loss.
CoreWeave secures fresh $21 billion Meta AI deal as debt push raises stakes

CoreWeave secures fresh $21 billion Meta AI deal as debt push raises stakes

9 April 2026
Meta Platforms signed a new $21 billion deal with CoreWeave for AI cloud computing capacity through 2032, according to a securities filing. CoreWeave shares rose 3.4% in after-hours trading. The agreement adds to a $14.2 billion commitment disclosed last September. CoreWeave also launched $3 billion in convertible notes and upsized a senior-notes deal to $1.75 billion.
Tesla Revives Cheaper EV Push With New Compact SUV as Sales Pressure Builds

Tesla Revives Cheaper EV Push With New Compact SUV as Sales Pressure Builds

9 April 2026
Tesla is developing a lower-cost compact SUV, with initial production planned for Shanghai, Reuters reported Thursday. The company built 408,386 vehicles and delivered 358,023 in the first quarter, leaving its widest gap in at least four years. Reuters said the new SUV likely will not reach production this year. Tesla did not respond to questions about the project.
NIO ES9 Price Starts at 528,000 Yuan as Flagship SUV Bet Faces China EV Slump

NIO ES9 Price Starts at 528,000 Yuan as Flagship SUV Bet Faces China EV Slump

9 April 2026
NIO opened pre-orders for its ES9 flagship SUV Thursday, pricing it at 528,000 yuan with battery or 420,000 yuan under its Battery-as-a-Service plan. March deliveries rose 136% year-on-year, but NIO’s U.S. shares fell 4.9% after the announcement. The ES9 enters a shrinking premium SUV market in China, competing with Li Auto and Aito. CEO William Li warned chip shortages could add up to 10,000 yuan per vehicle.
Plug Power Stock Climbs After 2026 Profit Push, Up to $200M Cost-Cut Plan

Plug Power Stock Climbs After 2026 Profit Push, Up to $200M Cost-Cut Plan

9 April 2026
Plug Power shares rose 2.5% to $2.715 Thursday after the company reaffirmed its target of positive EBITDAS by end-2026 and projected up to $200 million in savings from Project Quantum Leap. The update followed a major electrolyzer project win in Quebec and investor meetings in Toronto and Montreal. Plug reported 2025 revenue of $710 million and a fourth-quarter gross profit of $5.5 million.
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