UWM Holdings Corporation Class A Common Stock (UWMC)

The financial markets are abuzz with renewed speculation regarding a potential interest rate cut by the Federal Reserve, following the release of a surprisingly weak July jobs report. This critical economic data, which revealed sluggish labor market growth and downward revisions to previous months' figures, has significantly altered the landscape

Detroit, MI – Rocket Companies (NYSE: RKT), the parent company of Rocket Mortgage, has witnessed a significant surge in its stock price, fueled by robust second-quarter earnings, optimistic third-quarter guidance, and a surprising resurgence in the starter home segment of the housing market. This upward trajectory signals a potential turning point

The brokerage noted that the stock’s 5% selloff following its fourth-quarter earnings was ‘overdone’ according to TheFly.

Trump wants private equity CEO and philanthropist Bill Pulte as the next director of the Federal Housing Finance Agency.

Today we got a taste of that as markets re-price the impact of the Fed rate cuts due to kick in in a few weeks. A strong barrage of selling hit stocks - flattening marquee growth and tech names, especially.

Homebuyers are hesitant due to expected decline in mortgage rates, causing slow sales. Refinancing activity also shows slight decline.

Cramer gives his take on E.l.f Beauty, Acadia Pharmaceuticals, B&G Foods, Lucid, SoFi, Dell, Johnson & Johnson, UWM and Symbotic.

New Wedbush price targets have been issued for each of the following seven stocks, including a few that may come as a surprise to some.

Mortgage rates hit 1-year low, benefiting homebuyers & existing homeowners. Goldman Sachs predicts higher home prices due to Fed rate cuts.

UWMC stock results show that UWM Hldgs missed analyst estimates for earnings per share and missed on revenue for the second quarter of 2024.

An unanticipated surge in popularity for the WNBA could prove to be a marketing slam dunk for these three companies with WNBA partnerships.