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Rocket Companies Inc - RKT STOCK NEWS

Welcome to our dedicated news page for Rocket Companies (Ticker: RKT), a resource for investors and traders seeking the latest updates and insights on Rocket Companies.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Rocket Companies's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Rocket Companies's position in the market.

News
Rocket Mortgage Celebrates the Everyday Dreammate: Inspiring Fans and Bringing Dreams to Life During the NFL Draft in Detroit
Rhea-AI Summary
Rocket Mortgage launches 'Dreammate' campaign during the 2024 NFL Draft in Detroit, partnering with Habitat for Humanity to support dreams of homeownership. The campaign celebrates mentors and motivators who help individuals achieve their aspirations, with each use of #RocketDreammate on social media resulting in a $10 donation to Habitat for Humanity.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.97%
Tags
none
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News
Rocket Companies Introduces Rocket Logic AI Platform to Make Homeownership Faster and Easier
Rhea-AI Summary
Rocket Mortgage introduces Rocket Logic, an AI-driven technology platform to simplify and expedite the homebuying process. Leveraging deep learning and generative AI, Rocket Logic streamlines mortgage origination, reducing manual work for underwriters and decreasing closing times by 25% from August 2022 to February 2024.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.95%
Tags
AI
-
News
Rocket Companies Announces Fourth Quarter and Full Year 2023 Results
Rhea-AI Summary
Rocket Companies, Inc. (RKT) reports strong Q4'23 results with net revenue of $694 million and adjusted revenue of $885 million. Year-over-year growth accelerated for the second quarter in a row. Full-year 2023 net revenue was $3.8 billion. Cost structure reduced by nearly 20% in 2023. GAAP net loss of $233 million in Q4'23. Adjusted EBITDA profitability achieved for the full year and in Q4'23.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
5.28%
Tags
earnings
News
Rocket Companies to Announce Fourth Quarter and Full Year 2023 Results on February 22
Rhea-AI Summary
Rocket Companies, Inc. (RKT) has announced that it will release its fourth quarter and full year 2023 earnings on February 22, 2024. The company will host a conference call to discuss the results and issue a press release prior to the call. A live webcast of the event will be available on the Company's Investor Relations website, with a replay available afterward.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.61%
Tags
earnings
-
News
Rocket Homes Real Estate Search App Now Available on Apple Vision Pro
Rhea-AI Summary
Rocket Homes Real Estate LLC, a part of Rocket Companies (NYSE: RKT), has launched its app on Apple Vision Pro, allowing users to virtually explore and tour properties, view nearby listings, and compare multiple properties. The app also supports Apple's SharePlay, enabling users to show properties to others via FaceTime. The app uses advanced AI and machine learning technology to show properties that the user is likely to be interested in based on their browsing history and saved favorites. The app has been recognized as one of the Best Apps for iOS 17 by Apple's editorial board in 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.75%
Tags
none
-
News
Rocket Companies Appoints AI and Fintech Expert Alex Rampell to Board of Directors
Rhea-AI Summary
Rocket Companies (RKT) has appointed Alex Rampell as an independent director to the Company's Board of Directors, furthering the Company's fintech and AI-driven vision. Rampell, a General Partner at Andreessen Horowitz, is a noted serial entrepreneur and fintech expert with a focus on AI. His addition, along with CEO Varun Krishna, strengthens Rocket Companies' product and fintech expertise.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.01%
Tags
management AI
News
Rocket Companies Appoints Jonathan Mildenhall as Chief Marketing Officer
Rhea-AI Summary
Rocket Companies (RKT) appoints Jonathan Mildenhall as its first Chief Marketing Officer, bringing decades of experience from Coca Cola and Airbnb. Mildenhall aims to unify the marketing voice for all Rocket Companies' brands and create impactful campaigns.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-5.02%
Tags
management
-
News
Rocket Homes Launches First AI-Driven Apple CarPlay Feature to Fuel Homeownership
Rhea-AI Summary
Rocket Homes (NYSE: RKT) now allows users to view nearby homes for sale on their car screen through Apple CarPlay. The app merges the house hunt with the open road, enabling users to see homes listed for sale in the 'Nearby' tab and easily get directions, call an agent, or save listings to their 'Favorites' directly from their vehicle's screen. The app leverages advanced AI and machine learning capabilities to learn user preferences and display nearby homes that match individual user's preferences, streamlining the house hunting process. With over 98% of cars in the U.S. supporting CarPlay and the majority of Americans with smartphones owning iPhones, the Rocket Homes Apple CarPlay feature meets homebuyers where they spend an average of 1,000 hours a year - driving in their cars, transforming a once music and podcast-filled time into a pivotal moment in the path to homeownership.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.08%
Tags
AI
-
News
Agree Realty Announces Appointment of Linglong He to Board of Directors
Rhea-AI Summary
Agree Realty Corporation (NYSE: ADC) announced the addition of Linglong He to its Board of Directors, effective January 1, 2024. Ms. He, currently the Chief Leadership Advisor at Rocket Central, brings extensive information technology experience from her tenure at Rocket Mortgage, one of the nation's largest mortgage lenders. The Board has confirmed her independence according to NYSE listing standards and the Company's Corporate Governance Guidelines.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.1%
Tags
management
News
Rocket Companies Announces Third Quarter 2023 Results
Rhea-AI Summary
Rocket Companies, Inc. reported net revenue of $1.203 billion and adjusted revenue of $1.002 billion in Q3'23. GAAP net income was $115 million, or $0.04 per diluted share. Closed loan origination volume was $22.191 billion. Rocket Mortgage gained purchase market share and had a net client retention rate of 97%. The company expects adjusted revenue of $650 million to $800 million in Q4'23.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.54%
Tags
earnings
Stock RKT logo
Rocket Companies Inc

NYSE:RKT

RKT Rankings

#2058 Ranked by Market Cap
#1624 Ranked by Stock Gains
N/A Ranked by Dividends

RKT Stock Data

24.34B
129.58M
5.85%
72.34%
14.73%
Savings Institutions
Finance and Insurance
Link
United States
Detroit

About RKT

rocket companies is a detroit-based holding company consisting of personal finance and consumer service brands including rocket mortgage, rocket homes, rocket loans, rocket auto, rock central, amrock, core digital media, rock connections, lendesk and edison financial. since 1985, rocket companies has been obsessed with helping its clients achieve the american dream of home ownership and financial freedom. rocket companies offers an industry-leading client experience powered by our simple, fast, and trusted digital solutions. rocket companies has 22,000 team members across the united states. its flagship company, rocket mortgage, has been named to fortune magazine's list of "100 best companies to work for" for 17 consecutive years. for more information, please visit our corporate website, investor relations website, twitter page, and our linkedin page.