ORI
NYSE · Insurance
Old Republic Intl Corp
$39.85
+0.77 (+1.97%)
ORI News30 articles
Insurance Sector Diverges: Old Republic Slips, Mercury General Holds Steady
Old Republic International (ORI) saw its stock fall 9.4% after Q1 revenue missed estimates, while Mercury General (MCY) beat earnings but shares stayed flat. The P&C sector faces headwinds from climate losses and social inflation.
ASX 200 Rallies on Weak Jobs Data, Miners and Reits Lead
Australian shares rallied Thursday as soft jobs data reduced rate hike odds, with the ASX 200 climbing 1.47% led by miners and real estate.
Old Republic International: Undervalued Amid Digital Transformation and Market Risks
Old Republic International (ORI) closed at $39.90, below its $42.50 fair value, as the insurer focuses on digitalization and AI to improve efficiency and margins. Risks include title insurance volatility and weaker real estate activity.
NIO Stock Holds Above $5 as June Delivery Target Looms
NIO stock edged up 0.79% to $5.09, beating XPeng, Li Auto, and Tesla, as the market eyes a critical June delivery range of 42,939-47,939 vehicles. Options activity hints at hedging ahead of the annual meeting.
Dow Holds Ground as Tech Selloff Deepens on AI and Rate Concerns
The Dow ended nearly flat while the S&P 500 and Nasdaq slumped, led by a 7.6% plunge in the Philadelphia Semiconductor Index, as AI spending uncertainty and rising rate hike bets hit tech stocks. Markets await Micron earnings and PCE inflation data.
Apple Stock Holds Up Amid Chip Rout as Margin Concerns Linger
Apple shares fell 0.4% to $295.79, outperforming a sharp selloff in semiconductors and the broader tech sector, as concerns over App Store commissions and memory costs weigh on profit margins.
Dow Holds Ground as Tech Rout Hits Nasdaq Hard
The Dow stayed flat near 51,700 while the Nasdaq sank over 1% amid a sharp selloff in AI and semiconductor stocks, as traders focused on Fed rate hike odds and the upcoming PCE inflation report.
AI and Chip Stocks Tumble, Nasdaq Falls While Dow Holds Steady
AI and chip stocks led a broad selloff on Tuesday, with the Nasdaq dropping 1.42% as Nvidia fell 3% and the Philadelphia SE Semiconductor Index tumbled 7.3%, while the Dow edged up 0.02%.
Ridgetech Stock Surges 68% in Premarket After Major Holder Sells
Ridgetech shares surged 68.6% in premarket trading on heavy volume after HRT Financial LP disclosed selling nearly 58,000 shares. The micro-cap stock is highly sensitive to trading swings.
MARA Holdings Slips in Premarket as Bitcoin and Nasdaq Weakness Weigh on Crypto-AI Play
MARA Holdings fell 3.16% in premarket trading Tuesday after shareholders approved an 18 million-share increase to its equity incentive plan, as bitcoin and Nasdaq weakness weighed on the stock.
Tech Selloff Hits Nasdaq After Hours; Dow Holds Steady
U.S. index ETFs were mixed in after-hours trading Monday, with the Nasdaq slipping as AI stocks dropped, while the Dow edged higher. Investors await key inflation data and Micron earnings.
Apple Holds Near $297 as Big Tech Slumps; Pricing Power in Focus
Apple shares fell 0.3% to $297.01, outperforming big tech peers, as CEO Tim Cook flagged unavoidable price hikes from surging memory costs. Investors await Micron's earnings for supply clarity.
MARA Holdings Jumps 12.8% as Market Eyes Power Assets Beyond Bitcoin
MARA Holdings jumped 12.8% to $16.04, far outpacing bitcoin's 2.1% gain, as traders valued its power assets and AI data-center potential over its bitcoin holdings.
China's Dual-Use Export Ban Hits Red Cat Holdings; MP Materials Rises on Limited Exposure
China's immediate ban on dual-use exports to Red Cat Holdings and Teal Drones caused RCAT to drop 0.79% pre-market, while MP Materials rose 1.02% after confirming minimal China exposure.
Nu Holdings Faces Headwinds as Buyback, Credit Risks Collide
Nu Holdings shares closed at $12.71, down 1.4% on Thursday but up 4.3% from last Friday, as investors balance a $1B buyback against rising credit risks and analyst downgrades.
Pelosi Family Maintains Large AI and Tech Holdings Despite Recent Sales
House filings show Pelosi family retains major positions in top tech stocks despite recent large sales, as semiconductor gains boost Nasdaq.
Memory Chip Squeeze Pressures Apple Prices, Goldman Cuts Forecasts
Goldman Sachs cuts 2026-27 smartphone forecasts as memory costs surge. Apple plans price hikes, with Micron's earnings seen as a key test for the chip rally.
Nu Holdings Shares Steady After Volatile Week Amid Buyback and Credit Concerns
Nu Holdings shares closed at $12.71 after a volatile week, with analyst downgrades on credit costs and CFO transition balanced by a $1 billion buyback and record Q1 growth.
Alamos Gold Tumbles After Young-Davidson Production Warning
Alamos Gold shares fell 18% after warning that production at its Young-Davidson mine will miss guidance and costs will rise, prompting a BMO price target cut.
SoFi Rallies 8% Before Juneteenth, CEO Insider Buy and Shareholder Votes Boost Sentiment
SoFi shares gained 8% for the week ending June 18, closing at $17.91, after CEO Anthony Noto bought 13,888 shares and shareholders approved key proposals at the annual meeting.
Bank of England Holds Rate at 3.75% as Energy Shock Eases, Inflation Concerns Linger
The Bank of England kept rates unchanged at 3.75%, with two policymakers favoring a quarter-point rise. Inflation is projected to climb above 3.25% by year-end, delaying any rate cut.
AMC Holds Steady After Heavy Volume Rally, Debt Concerns Linger
AMC shares held at $2.66 after a heavy-volume rally, as investors weigh record May attendance and a $150M equity sale against $4.02B debt.
UniQure Holds Gains as FDA Signals Path for Huntington's Gene Therapy Filing
UniQure shares jumped 78.4% after the FDA said Phase I/II data could support an accelerated-approval filing for its Huntington's disease gene therapy AMT-130. A BLA is planned for Q3 2026.
Nu Holdings Rises Premarket on Brazil Rate Cut, Buyback in Focus
Nu Holdings shares gained 1.3% premarket to $12.89 after Brazil's central bank cut the Selic rate to 14.25%, reviving investor interest as they weigh a $1B buyback and credit challenges.
Dow Plunges 506 Points as Fed Holds Rates, Signals Tighter Policy
The Dow dropped 506 points after the Fed held rates steady but raised its 2026 median rate forecast to 3.8%, signaling tighter policy. May retail sales rose 0.9%.
Fed Holds Rates Steady, Signals Possible 2026 Hike; Stocks Slide
The S&P 500 dropped 1.2% after the Fed held rates steady but projected higher inflation and rates for 2026, signaling no near-term cuts and raising hike risks, pressuring tech stocks.
Rocket Shares Slide 6% as Fed Rate Hold, Downgrade Pressure Mortgage Lenders
Rocket Companies shares dropped 6% as the Federal Reserve kept rates unchanged and BTIG downgraded the stock, highlighting ongoing headwinds for mortgage lenders.
Tesla slips despite Goldman delivery upgrade, robotaxi and regulatory clouds linger
Tesla shares dipped 0.5% to $402.75 despite Goldman Sachs raising its Q2 delivery forecast to 420,000 vehicles, as investors weighed weak US demand, a new Argentina charging deal, intensifying robotaxi competition, and regulatory scrutiny over Full Self-Driving safety claims.
Nu Holdings Steady After Citi Downgrade, Credit Concerns Loom
Nu Holdings closed flat after Citigroup downgraded the stock to neutral, citing credit losses and margin pressure. A $1B buyback and strong Q1 earnings provide support.
Rocket Companies Shares Hold Steady Near $14 After BTIG Downgrade and Debt Refinancing
Rocket Companies shares held near $14 after BTIG downgraded the stock to Neutral, citing valuation already reflecting platform strengths, as the company refinanced $1.5B in debt.