
Pennymac faces investor claims after stock drop tied to 2025 results
Pennymac is facing a securities investigation after a January stock drop tied to its 2025 results and mortgage servicing income decline.

Pennymac is facing a securities investigation after a January stock drop tied to its 2025 results and mortgage servicing income decline.

Why are gas prices so high in Michigan? AAA says the state jumped 33 cents in one day, with prices now above the national average.

Ev Dealership pricing may face pressure as 800,000 off-lease EVs return to the used market by 2028, threatening steep losses.

Mortgage lender rates jumped to 6.50% as bond yields climbed after overnight Strait of Hormuz news and a Fed wording dispute.

Smokey Bones Restaurant Chain Closing accelerates as a strategic review puts multiple locations and jobs in focus this week.

Tesla has begun volume Semi production at Gigafactory Nevada, with the first truck rolling off the line after years of delays and redesigns.

Mary Barra said GM expects a $500 million tariff refund and lifted its 2026 outlook as the company navigates shifting trade rules.

Qqq Stock activity rose as several institutional investors expanded Invesco QQQ holdings, with filings showing new and larger positions in the ETF.

Cvna Stock moved after Carvana reported record first-quarter revenue, adjusted EBITDA and net income while extending 40% unit growth.

Ford’s F Stock rose after the automaker beat first-quarter expectations and lifted full-year guidance despite tariff and cost pressures.

Amzn Stock Price gains support after Mizuho lifted its target to $325, citing AWS AI demand, new cloud deals and strong Amazon growth.

Goog Stock Price rose more than 3% after Alphabet beat Q1 estimates, lifted cloud revenue, and showed faster AI momentum.

Ford stock jumped after the automaker raised full-year profit guidance and said first-quarter results were boosted by a one-time tariff benefit.

Msft stock price held near highs at $429.25 as Oppenheimer kept Microsoft at Outperform after earnings and pointed to OpenAI as a key driver.