Today: 19 May 2026
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NYSE:PMT 11 January 2026 - 1 February 2026

Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

Rocket Companies stock slides 14% after PennyMac miss; RKT traders brace for Fed pick fallout and jobs data

Rocket Companies shares fell 13.67% to $17.93 on Friday, with trading volume tripling its 50-day average. PennyMac Financial plunged 33% after reporting quarterly earnings far below estimates. UWM Holdings also dropped nearly 14% as mortgage stocks slid and both major indexes closed lower. Markets face added uncertainty after Donald Trump nominated Kevin Warsh to lead the Federal Reserve.
Rocket Companies stock sinks nearly 14% (RKT) — what’s driving the slide and what comes next

Rocket Companies stock sinks nearly 14% (RKT) — what’s driving the slide and what comes next

Rocket Companies fell 13.7% to $17.93 Friday, with trading volume tripling its 50-day average. Mortgage lenders slid after PennyMac missed profit targets and dropped 33%, citing tighter loan margins. The 10-year Treasury yield neared 4.25% as markets reacted to Kevin Warsh’s Fed nomination. Investors await U.S. jobs data and mortgage figures next week.
AGNC stock rises with mortgage REITs after Trump’s $200B MBS order — what to watch next week

AGNC stock rises with mortgage REITs after Trump’s $200B MBS order — what to watch next week

AGNC Investment Corp. closed Friday up about 2% after President Trump ordered $200 billion in mortgage bond purchases, sending housing-linked stocks higher. AGNC ended at $11.41. Traders await more details on the program and Tuesday’s U.S. CPI data. The move narrowed mortgage spreads and lifted agency MBS prices, but market reaction remains cautious.

Stock Market Today

  • Polymarket Teams with Nasdaq Private Market to Launch Private Company Prediction Contracts
    May 19, 2026, 4:47 PM EDT. Polymarket has launched a new category of prediction markets for private companies in collaboration with Nasdaq Private Market, enabling trading on pre-IPO company events like funding rounds and valuations. This innovation aims to boost price discovery in typically opaque private markets. Polymarket's move targets the growing number of unicorns-startups valued over $1 billion-with nearly 1,600 globally. The partnership signals increasing institutional interest in prediction markets tied to private equity amid improving regulatory support and market infrastructure. Despite this, retail investors currently drive 80% of prediction market volume, according to a recent Bitget Wallet and Polymarket report. This development could enhance transparency and forecasting in private capital markets, drawing more professional engagement.

Latest articles

Google Stock Slips as Alphabet’s $5 Billion AI Cloud Bet Faces Wall Street’s New Test

Google Stock Slips as Alphabet’s $5 Billion AI Cloud Bet Faces Wall Street’s New Test

19 May 2026
Alphabet Class A shares fell 2.3% to $387.66 Tuesday after Google announced new Gemini AI models, paid subscription tiers, and a $5 billion Blackstone-backed AI cloud venture. The stock had traded as high as $401.71 intraday. Google also cut prices on its top AI subscription plans and introduced Gemini 3.5 Flash, but the stronger 3.5 Pro model remains unreleased.
Nvidia Earnings Date Locked In as Wall Street Awaits AI Stock Moves

Nvidia Earnings Date Locked In as Wall Street Awaits AI Stock Moves

19 May 2026
Nvidia will report fiscal first-quarter earnings after markets close Wednesday, with analysts expecting revenue near $79 billion, up almost 80% from a year ago. Options traders are pricing a 6.5% one-day move in Nvidia shares, or about $355 billion in market value. Shares closed Tuesday at $220.61, valuing the company at $5.4 trillion. Investors are watching for guidance on AI data center spending and competition in AI chips.
NextNRG shares double as buying spikes, but the numbers show a catch

NextNRG shares double as buying spikes, but the numbers show a catch

19 May 2026
NextNRG shares more than doubled Tuesday, closing at $0.8288 and rising to about $0.91 after hours, after reporting April revenue up 56% to $9.4 million, its highest on record. Gross margin for April reached 8.3%. Trading volume topped 344 million shares, with market value near $135 million. The company posted a first-quarter net loss of $10.8 million and had $208,048 in cash at March 31.
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