Trump Instructs Purchase of $200B Mortgage Bonds, Offerpad Shares Up 64.5%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 08 2026
0mins
Equity futures were mixed following a mixed regular session, as profit-taking and risk aversion appeared to take hold ahead of the forthcoming jobs report. Of note, however, President Trump instructed his "representatives" to purchase $200B of mortgage bonds, sending shares of companies such as Opendoorand Offerpadhigher. This marks the second day in a row Trump released commentary on Truth Social that resulted in bullish sentiment for a sector, after his comments on expanding military spending on Wednesday.Check out this evening's top movers from around Wall Street, compiled by The Fly.HIGHER AFTER TRUMP INSTRUCTS 'REPRESENTATIVES' TO BUY $200B OF MORTGAGE BONDS -Offerpad Solutionsup 64.5%Opendoor Technologiesup 12.4%Rocket Companiesup 7%UWM Holdingsup 5.1%ALSO HIGHER -Jazz Pharmaceuticalsup 5% after naming Thomas Riga chief business officerMGM Resortsup 0.7% after Texas Capital initiated coverage of the stock with a Buy ratingLOWER AFTER EARNINGS -Paciradown 9.7%WD-40down 9.1%ALSO LOWER -AXT Inc.down 29% after cutting its Q4 guidanceOlindown 7.8% after updating its Q4 outlookGeneral Motorsdown 1.6% after saying it expects an additional $6B in charges related to a review of EV capacity and investments
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Analyst Views on AXTI
Wall Street analysts forecast AXTI stock price to fall over the next 12 months. According to Wall Street analysts, the average 1-year price target for AXTI is 16.20 USD with a low forecast of 7.00 USD and a high forecast of 26.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
5 Analyst Rating
4 Buy
1 Hold
0 Sell
Strong Buy
Current: 16.830
Low
7.00
Averages
16.20
High
26.00
Current: 16.830
Low
7.00
Averages
16.20
High
26.00
About AXTI
AXT, Inc. is a material science company that develops and manufactures high-performance compound and single element semiconductor wafer substrates comprising indium phosphide (InP), gallium arsenide (GaAs) and germanium (Ge). Its wafer substrates are used when a typical silicon wafer substrate cannot meet the performance requirements of a semiconductor or optoelectronic device. It has two product lines: specialty material substrates and raw materials integral to these substrates. Its InP is a semiconductor wafer substrate used in broadband and fiber optic applications, 5G infrastructure and data center connectivity. Its semi-conducting GaAs substrates are used to create opto-electronic products, including high brightness light emitting diodes that are often used to backlight wireless handsets and LCD televisions and for automotive, signage, and lighting applications. Its Ge substrates are used in applications, such as solar cells for space and terrestrial photovoltaic applications.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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Semiconductor Shares Rise 3.4%, Led by AXTI's 15.6% Gain
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