Today: 12 July 2026
Constellation Energy Stock Up 5%, Tuesday Seen as Test

Constellation Energy Stock Up 5%, Tuesday Seen as Test

12 July 2026
Constellation Energy Corporation closed Friday at $251.38, up 5.1% on the week. Shares traded in line with peers Vistra Corp., which added 5.2%, and Talen Energy Corporation, up 5.8%. The moves suggest traders bought the sector as a whole instead of making a big shift just on Constellation.
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.
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.

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.

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Freedom Fuel pushed by Trump reports 50% sales hike as $3.47 gas promise looks shaky

Freedom Fuel pushed by Trump reports 50% sales hike as $3.47 gas promise looks shaky

Freedom Fuel Network says gasoline volumes have climbed more than 50%, but that may be hurting its margins. Calculated using Pennsylvania's July 9 wholesale cost and the launch rack-to-break-even spread, the original $3.47 pump price now puts the fuel-only loss at about 31 cents per gallon. A typical station that started at the 68,000-gallon monthly average Tom Kloza mentioned and kept up with that volume increase would show a modeled shortfall of about $31,600 a month, not including fees, payroll, utilities or rent. The White House has said there is no subsidy on the price from the government or anyone else.
12 Jul
Xero sets 30-day staff deadline, investors eye 43% stock-pay ratio

Xero sets 30-day staff deadline, investors eye 43% stock-pay ratio

Xero Limited has told employees rated “Below Expectation” to either take voluntary severance or go on a 30-day performance-improvement plan. The company is getting stricter as it ramps up its push into artificial intelligence and U.S. payments. CEO Sukhinder Singh Cassidy wrote to staff, “As AI changes how work gets done, we have the chance to redefine how small business finance works.” The change follows a 58% spike in non-cash share-based payment expense to NZ$240.1 million, or 43.3% of Xero’s free cash flow. That’s up from 30.0% a year ago.
Union Pacific’s Big Boy Draws 117,000 Visits — but a 15% Merger Gap Tells Investors More

Union Pacific’s Big Boy Draws 117,000 Visits — but a 15% Merger Gap Tells Investors More

Union Pacific Corp. drew roughly 117,000 reported visits across three Pennsylvania viewing events over the past week as its Big Boy No. 4014 steam locomotive crossed tracks operated by merger target Norfolk Southern Corp.. The count measures attendance, not unique visitors, and excludes several thousand spectators reported in Derry. A local Norfolk Southern crew accompanied the train on its western Pennsylvania run.
The FCC Just Approved a Space Mirror. The Math Points to a $5 Million Lighting Bet

The FCC Just Approved a Space Mirror. The Math Points to a $5 Million Lighting Bet

The U.S. Federal Communications Commission last week authorized Reflect Orbital’s first space-mirror test, but a public price cited by its chief executive points to a premium lighting business before it points to a new source of power. Ben Nowack has said one mirror would cost about $5,000 an hour under an annual contract of at least 1,000 hours, implying a roughly $5 million yearly bill at those terms.
UiPath (NYSE:PATH) Shares Flat But Weekly Volume Near Float

Stock Market Today: Live Updates 12.07.2026

LIVEMarkets rolling coverageStarted: July 12, 2026, 4:00 AM EDTUpdated: July 12, 2026, 12:13 PM EDT MRVL Outlook: Marvell Stock Jumps on AI Demand, Eyes 2027 Targets July 12, 2026, 12:10 PM EDT. Marvell Technology (NASDAQ: MRVL) is up 186.61% year-to-date as AI infrastructure demand and higher hyperscaler spending push shares higher. The company booked 27.6% revenue growth and sees continued momentum into fiscal 2027. Analysts call for about 4% upside, but some internal models show 16%, with the high case hitting $352 per share. Marvell would need a 64% rally and a forward P/E of 92 to hit $400 by
12 Jul
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