Today: 9 June 2026
Browse Category

NYSE:RKT 10 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 hover near 6% ahead of Fed decision as housing stocks wobble

Mortgage rates today hover near 6% ahead of Fed decision as housing stocks wobble

Mortgage rates hovered near 6% early Wednesday, with Zillow showing a 30-year fixed at 5.99%. Homebuilder stocks fell before the open, with ITB down 1.3% and XHB off 1.2%. SFS Corp, linked to UWM CEO Mat Ishbia, sold nearly 1.9 million UWM shares last week. The Fed is expected to hold rates steady at its policy meeting Wednesday.
Mortgage Rates Today Hold Near 6.1% Ahead of Fed Decision — What Borrowers and Rocket Stock Watch Next

Mortgage Rates Today Hold Near 6.1% Ahead of Fed Decision — What Borrowers and Rocket Stock Watch Next

U.S. mortgage rates held steady early Monday, with the average 30-year fixed at 6.10% according to Optimal Blue. Treasury yields hovered near 4.22% as markets awaited the Federal Reserve’s decision. President Trump ordered Fannie Mae and Freddie Mac to buy $200 billion in mortgage-backed securities, but economists questioned the impact. Rocket Companies shares fell 2% Friday, while UWM Holdings edged higher.
26 January 2026
Mortgage rates today: 30-year fixed holds near 6.1% as refi demand jumps, markets await inflation data

Mortgage rates today: 30-year fixed holds near 6.1% as refi demand jumps, markets await inflation data

The average 30-year fixed mortgage rate stood at 6.13% early Thursday, with refinance rates at 6.50%, Bankrate reported. Mortgage applications jumped 14.1% last week as rates dipped, while contracts to buy existing homes fell 9.3% in December, according to the Mortgage Bankers Association and National Association of Realtors. The 10-year Treasury yield ended Wednesday at 4.26%.
Mortgage rates today tick higher near 6% as Treasury yields bite again and housing stocks slip

Mortgage rates today tick higher near 6% as Treasury yields bite again and housing stocks slip

U.S. 30-year fixed mortgage rates rose to 6.07% Wednesday, with the APR at 6.09%, according to NerdWallet. The 10-year Treasury yield hit 4.29% Tuesday, its highest since August, as bond markets sold off. Homebuilder and lender shares fell in premarket trading, with Lennar down 2.9% and Rocket Companies off 5%. The National Association of Realtors will release December pending home sales data later Wednesday.
Rocket Companies stock (RKT) lags mortgage peers as Davos housing plan nears

Rocket Companies stock (RKT) lags mortgage peers as Davos housing plan nears

Rocket Companies shares fell 0.9% to $23.24 Friday, trailing gains by rivals LoanDepot and UWM Holdings. White House adviser Kevin Hassett said the Trump administration plans to let investors use 401(k) funds for home down payments, with details due next week. U.S. homebuilder sentiment dropped in January as affordability concerns persisted. U.S. markets will be closed Monday for Martin Luther King Jr. Day.
17 January 2026
Mortgage rates today hold near 6.2% as Rocket Companies stock slips ahead of CPI

Mortgage rates today hold near 6.2% as Rocket Companies stock slips ahead of CPI

U.S. mortgage rates hovered near 6.2% Tuesday as traders awaited inflation data. Rocket Companies shares slipped 0.5% premarket, while D.R. Horton and Lennar rose over 1%. The Trump administration began buying mortgage-backed securities, starting with $3 billion. S&P 500 and Nasdaq futures edged lower ahead of bank earnings and the Consumer Price Index release.
Mortgage rates today hover near 6.2% as Rocket stock slips in premarket

Mortgage rates today hover near 6.2% as Rocket stock slips in premarket

Rocket Companies fell 0.6% to $23.14 in premarket trading Monday, retreating after Friday’s housing-driven rally. Mortgage rates hovered near 6.2% as the White House directed $200 billion in government-backed mortgage bond purchases, with an initial $3 billion round underway. loanDepot dropped 2.1% premarket. Investors await Tuesday’s U.S. inflation data.
Rocket Companies stock jumps nearly 10% on Trump’s $200B mortgage-bond plan — what to watch next

Rocket Companies stock jumps nearly 10% on Trump’s $200B mortgage-bond plan — what to watch next

Rocket Companies shares jumped 9.6% to $23.29 Friday after President Trump ordered a $200 billion mortgage bond purchase to push down rates. loanDepot soared 24%, UWM Holdings rose 11.6%, and Opendoor climbed nearly 19%. Fannie Mae and Freddie Mac will handle the bond buys, but officials declined to give details. Markets reopen Monday as investors watch for follow-through.
Opendoor stock jumps on Trump’s $200B mortgage-bond order — what to watch next

Opendoor stock jumps on Trump’s $200B mortgage-bond order — what to watch next

Opendoor shares jumped 13.2% to $7.29 Friday after President Trump ordered $200 billion in mortgage-backed securities purchases. Treasury Secretary Bessent said the move aims to offset the Fed’s bond runoff, with the FHFA starting with $3 billion. Nearly 167 million Opendoor shares traded. This week’s rates data may affect whether the rally continues into Monday.
Home Depot stock pops on Trump’s $200 billion mortgage-bond order — what Wall Street watches next

Home Depot stock pops on Trump’s $200 billion mortgage-bond order — what Wall Street watches next

Home Depot shares jumped 4.2% to $374.64 Friday after President Donald Trump ordered $200 billion in mortgage-bond purchases, sparking a rally in housing-linked stocks. The Philadelphia Housing index rose 4.8%. Analysts said the plan may cut mortgage rates by up to 0.15 percentage point. Investors await the Fed’s Jan. 27-28 meeting and Home Depot’s Feb. 24 results.
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.
Opendoor stock jumps 13% as Trump orders $200B mortgage bond buys — what investors watch next

Opendoor stock jumps 13% as Trump orders $200B mortgage bond buys — what investors watch next

Opendoor Technologies shares jumped 13.2% to $7.29 Friday after President Trump ordered $200 billion in mortgage bond purchases. The stock saw heavy trading, with 167 million shares changing hands. Analysts said the move could lower mortgage rates, boosting housing stocks including Rocket Companies, Lennar, and D.R. Horton. Investors await details on the bond buys and Opendoor’s next earnings report, expected Feb. 26.

Stock Market Today

  • SpaceX IPO 2026: Key Facts and Considerations
    June 8, 2026, 6:15 PM EDT. SpaceX, Elon Musk's private aerospace giant, is eyeing an initial public offering (IPO) in 2026. An IPO is when a company offers its shares to the public for the first time. Investors anticipating the SpaceX IPO should note the company's role in satellite technology and space exploration, sectors poised for growth. Market watchers will monitor valuation, timing, and regulatory factors as SpaceX transitions from private funding to public markets. Understanding these elements is crucial for stakeholders considering exposure to aerospace innovation and potential returns.

Latest articles

Volatility Gauge Jumps While Chip Stocks Swing

Volatility Gauge Jumps While Chip Stocks Swing

9 June 2026
The VIX plunged 12% to 18.92 as chip stocks rebounded sharply, with the Philadelphia Semiconductor Index jumping 5.6% and Intel soaring 11.2% after a major Google order, clawing back part of Friday’s $1.3 trillion rout; investors remain cautious ahead of key inflation data, interest rate decisions, and Middle East risks.
UBS Puts $850 Target on Cummins as AI Data Center Wave Fuels Shares

UBS Puts $850 Target on Cummins as AI Data Center Wave Fuels Shares

9 June 2026
UBS upgraded Cummins to Buy and hiked its price target to $850 from $565, citing surging data-center backup power demand and a stronger North American truck cycle; Cummins shares jumped 3.3% to $672.68 as UBS projected 2028 EPS of $41.25, topping consensus, and flagged double-digit Power business growth and raised long-term targets as key drivers.
UiPath Stock Slips Near $11 as Wall Street Questions the AI Automation Bounce

UiPath Stock Slips Near $11 as Wall Street Questions the AI Automation Bounce

8 June 2026
UiPath shares dipped 0.7% to $11.17 despite a strong quarter and raised outlook, as investors focused on slow annual recurring revenue growth and analyst caution, with Morgan Stanley cutting its price target and BofA maintaining Underperform, citing the need for clearer evidence that AI-driven automation can accelerate durable contract revenue.
IREN Shares Rally After Bitcoin Rebound and $4.4 Billion AI Data Center Move

IREN Shares Rally After Bitcoin Rebound and $4.4 Billion AI Data Center Move

8 June 2026
IREN surged 9% to $59.19 as investors returned to crypto and AI infrastructure stocks after last week’s selloff, driven by a $3.65 billion investment-grade GPU financing to support its Microsoft AI cloud contract and news of a planned 800MW data-center in Australia, but future gains hinge on execution, contract delivery, and bitcoin price stability.
SmartKem Shares Jump 100% on SRx Investment, SMTK in Focus

SmartKem Shares Jump 100% on SRx Investment, SMTK in Focus

8 June 2026
SmartKem shares soared as much as 150% to $1.135 before settling at $0.84 after SRx Health Solutions disclosed a 4.99% stake and purchase of convertible preferred securities, injecting new investor interest as SmartKem faces a Sept. 1 Nasdaq delisting risk for trading below $1 and warns of “substantial doubt” about its ability to continue as a going concern.
Go toTop