Today: 12 June 2026
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NYSE:PUMP 29 October 2025

ProPetro (PUMP) Soars on Data Center Power Deal and Q3 Earnings Beat – What’s Driving the Rally?

ProPetro (PUMP) Soars on Data Center Power Deal and Q3 Earnings Beat – What’s Driving the Rally?

ProPetro shares surged nearly 14% after its PROPWR unit secured a long-term contract to supply 60 megawatts to a major data center. Q3 revenue reached about $294 million, down 18.6% year-over-year but beating estimates by 14%. The company narrowed its quarterly loss to $2 million and reported $25 million in free cash flow from fracking. PROPWR’s total contracted capacity now exceeds 150 MW.

Stock Market Today

  • Notable Friday Options Surge in LEN, C, and UNH
    June 12, 2026, 2:22 PM EDT. Lennar Corp (LEN) saw 14,864 option contracts traded, representing 56.6% of its average daily volume, with heavy activity in the $90 strike put expiring June 2026. Citigroup (C) experienced 56,742 contracts traded, about 52.8% of average daily volume, led by the $110 strike put expiring July 2026. UnitedHealth Group (UNH) had 35,022 contracts traded, or 50% of daily average, notably in the $410 strike call expiring June 2026. These volumes indicate heightened investor activity and interest in options on these S&P 500 components.

Latest articles

Microsoft Sinks Under $390 With Nasdaq in Recovery

Microsoft Shares Fall as Investors Worry About AI Spend, Cloud Push

12 June 2026
Microsoft shares slid to $386.92 Friday, down 0.9%, as investors questioned whether soaring AI infrastructure spending—set to top $40 billion in the fiscal fourth quarter—will deliver enough cloud revenue to justify the stock’s 23x earnings multiple, especially after Oracle’s massive capex plans rattled the sector and Microsoft’s margins face pressure from ongoing AI investments.
Robinhood Hovers Around $92 With SpaceX Trade Buzz in Focus

Robinhood Hovers Around $92 With SpaceX Trade Buzz in Focus

12 June 2026
Robinhood stock hovered near $92.31 Friday after Needham raised its price target to $97, citing strong May operating data with surging equities and event contract activity, while SpaceX IPO-driven record traffic exposed platform reliability risks; investors now await June metrics to gauge if growth can continue.
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