Rocket Companies Soars on Record Mortgage Volume News
Rocket Companies stock jumps 7% as CEO announces highest mortgage loan volumes in four years, signaling a thawing US housing market with improving rates.
Rocket Companies stock jumps 7% as CEO announces highest mortgage loan volumes in four years, signaling a thawing US housing market with improving rates.
PayPal (PYPL) announces CEO change as Q4 earnings disappoint. HP's Enrique Lores to replace Alex Chriss. Shares drop 16% on weak retail spending and slowing branded checkout growth.
Morgan Stanley upgraded Affirm to Overweight, saying recent stock weakness offers a compelling risk/reward and long-term growth remains intact.
JPMorgan upgraded SoFi to Overweight after a stock dip, saying strong growth, record results, and rising members make this a key entry point.
TeraWulf acquires two strategic sites adding 1.5 GW capacity, expanding to 2.8 GW total across five locations to support AI and high-performance computing growth.
American Express (AXP) shares drop 2% after Q4 earnings miss estimates. Despite falling short, the company posted 9% transaction growth and announced a 16% dividend increase.