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Stock Market 11 July 2026

Apple Stock Rose 2%, but Broadcom’s Market-Value Gain Was Nearly Twice Apple’s After $30 Billion Pact

Apple Stock Rose 2%, but Broadcom’s Market-Value Gain Was Nearly Twice Apple’s After $30 Billion Pact

Apple Inc. ended Friday at $315.32, up 2.2% from the July 2 close, after a week dominated by a chip-supply pact worth more than $30 billion with Broadcom Inc.. Broadcom rose 11.0%; applying each company’s latest disclosed share count, that implies roughly $188 billion of added equity value for Broadcom, against about $98 billion for Apple. U.S. cash markets were closed Saturday.
11 July 2026
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Sneaker City, Hardee’s Franchisee Face $9.3M Fixed-Cost Snag

Sneaker City, Hardee’s Franchisee Face $9.3M Fixed-Cost Snag

Two U.S. consumer names landed in Chapter 11 within a day. At least $9.31 million in mall guarantees and deal financing move into the bankruptcy courts. A Sneaker City Albany filed Friday, July 10. Superior Star, operator of 59 Hardee’s stores, filed Thursday. Chapter 11 lets bankrupt companies keep running while they try to work out debts.
11 July 2026
AGNC’s Yield Sits at 13%, but Shares Trade at a Hefty Premium

AGNC’s Yield Sits at 13%, but Shares Trade at a Hefty Premium

AGNC Investment Corp. closed Friday at $11.13. The company left its monthly common dividend steady at 12 cents. That gives an annualized yield of 12.9%. The spread versus its tangible net book value is wider: shares trade 32.8% above March 31 net book value of $8.38, or $2.75 above net assets. That premium is close to 23 months’ worth of dividends. Tangible net book value does not include goodwill.
11 July 2026
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ExxonMobil posts $5B profit gain, shares slide $12B in value

ExxonMobil posts $5B profit gain, shares slide $12B in value

ExxonMobil Holdings Corporation closed Friday at $138.88, down 2.0% from Tuesday’s close. This came even after the company indicated about $5 billion in second-quarter earnings growth from Q1. U.S. markets were closed for the weekend. The parent company switched to the ExxonMobil Holdings name on July 2, replacing Exxon Mobil Corporation as the NYSE-listed entity, but kept the XOM ticker.
11 July 2026
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3M (MMM) Shares Rose $1.1 Billion on Friday as Expectations for Earnings Moved Higher

3M (MMM) Shares Rose $1.1 Billion on Friday as Expectations for Earnings Moved Higher

3M Company tacked on about $1.1 billion in market value Friday as shares climbed $2.18, or 1.4%, to close at $157.52 after New York filed another lawsuit targeting “forever chemicals.” But U.S. markets are shut for the weekend and the bounce looks muted: shares fell 1.8% on the week, with 1.94 million MMM shares trading on Friday, just 51% of the 65-day average.
11 July 2026
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Fervo’s $8 Billion Stock Value Tops Ormat — Now Comes the $1 Billion Cost Test

Fervo’s $8 Billion Stock Value Tops Ormat — Now Comes the $1 Billion Cost Test

Fervo Energy Company closed Friday at $27.13, giving the geothermal developer a $7.99 billion equity value — about 17% more than Ormat Technologies, an established listed geothermal operator worth $6.80 billion. That premium now rests heavily on whether Fervo’s new 21-day drilling record can translate into lower plant costs and reliable power sales.
11 July 2026
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Whirlpool Shares Rise 7.6% as Investors Weigh $154M Debt Position

Whirlpool Shares Rise 7.6% as Investors Weigh $154M Debt Position

Whirlpool Corporation gained about $171 million in market cap Friday, with shares up 7.6% to $40.72. That’s just ahead of the $153.75 million in annual coupon payments tied to $2 billion in secured notes issued in June. The bond coupon is the fixed yearly interest rate. The comparison just shows the difference in size — it doesn’t suggest a new cost, since the notes mostly replaced lower-coupon 2026-27 bonds and revolving debt.
11 July 2026
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Union Pacific’s Big Boy 4014 Draws Crowds in Leetsdale, 13% Merger Discount Catches Investor Attention

Union Pacific’s Big Boy 4014 Draws Crowds in Leetsdale, 13% Merger Discount Catches Investor Attention

Union Pacific plans to bring its Big Boy No. 4014 steam locomotive into Leetsdale for a 30-minute stop at 6:15 p.m. Saturday. The engine’s first eastern tour is running over Norfolk Southern tracks and has turned into a visible roadshow for the railroads’ planned $85 billion merger. Pennsylvania officials estimated about 100,000 people came to the locomotive’s Altoona stop this week.
11 July 2026
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China’s Reusable Rocket Lifts Two Satellite Stocks by $3.3 Billion Ahead of Next Launch

China’s Reusable Rocket Lifts Two Satellite Stocks by $3.3 Billion Ahead of Next Launch

Shares of China Spacesat and China Satellite Communications surged to their 10% daily trading limits on Friday after China completed its first controlled recovery of an orbital-class rocket first stage. Closing data shows the rally added about 22.3 billion yuan to both companies’ combined market capitalization in one day. The actual rocket was developed by the China Academy of Launch Vehicle Technology, part of state-owned CASC, not by the two listed companies.
11 July 2026
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