2 hours ago
Regional banks have spent 2026 rebuilding the credibility they lost in 2023, when panicked customers withdrew large sums of money. The Federal Reserve's interest rate cuts have eased the funding costs, and loan growth is picking up again across the Southeast and Mid-South regions. First Horizon Corporation (NYSE:FHN), the Memphis-based lender, which benefits directly from this regional banking recovery, just got a very public nudge from Jim Cramer – the Mad Money host. In the lightning round on July 27, Jim endorsed First Horizon, calling it "a terrific stock, very inexpensive".
I think it's a terrific stock, very inexpensive. I think you should buy it.
Cramer's call on the stock comes two weeks after First Horizon released its second quarter results. The print indicated net income of $260 million, up 12% year-over-year, and EPS of $0.54, beating the $0.53 consensus by a penny. Adjusted EPS saw a 20% year-over-year growth. The company's revenue was in line with the estimates, reaching $887 million. Aside from financial growth indicators, the underlying trends also showed improved performance. Loans saw a growth of roughly $2 billion year-over-year while deposits went up by $1.6 billion sequentially, and the bank's return on equity climbed over 15%.
Even amid these numbers, Cramer's framing does not accurately capture the true position of First Horizon. The company trades at 1.77 times tangible book value, 10% above its own 10-year average. Shares are up 13.14% over the past year and sit near $25.40 currently. These numbers do not reflect a discounted regional bank. They represent a bank that the market has already pushed toward the top of its peer group. In other words, Cramer's "buy" is not a bargain call, but a bet that strong profits justify a premium price.
Higher deposit costs resulted in a slight slippage in net interest margins, while overall expenses grew alongside loan growth. Nevertheless, credit quality stayed resilient, showing only modest increases in loan losses. The company also engaged in aggressive stock buybacks, shrinking the total share count by nearly 7% over the past year, which ended up lifting the earnings per share. Short float of 2.73% down from 3.50% the previous month, indicates that bearish market traders are exiting their negative positions.
#regional #money #interest
I think it's a terrific stock, very inexpensive. I think you should buy it.
Cramer's call on the stock comes two weeks after First Horizon released its second quarter results. The print indicated net income of $260 million, up 12% year-over-year, and EPS of $0.54, beating the $0.53 consensus by a penny. Adjusted EPS saw a 20% year-over-year growth. The company's revenue was in line with the estimates, reaching $887 million. Aside from financial growth indicators, the underlying trends also showed improved performance. Loans saw a growth of roughly $2 billion year-over-year while deposits went up by $1.6 billion sequentially, and the bank's return on equity climbed over 15%.
Even amid these numbers, Cramer's framing does not accurately capture the true position of First Horizon. The company trades at 1.77 times tangible book value, 10% above its own 10-year average. Shares are up 13.14% over the past year and sit near $25.40 currently. These numbers do not reflect a discounted regional bank. They represent a bank that the market has already pushed toward the top of its peer group. In other words, Cramer's "buy" is not a bargain call, but a bet that strong profits justify a premium price.
Higher deposit costs resulted in a slight slippage in net interest margins, while overall expenses grew alongside loan growth. Nevertheless, credit quality stayed resilient, showing only modest increases in loan losses. The company also engaged in aggressive stock buybacks, shrinking the total share count by nearly 7% over the past year, which ended up lifting the earnings per share. Short float of 2.73% down from 3.50% the previous month, indicates that bearish market traders are exiting their negative positions.
#regional #money #interest
2 hours ago
Rookies, when they enter the NFL, are bound to spend some of their rookie contract on a variety of things. Most tend to buy things or help out family, others look for the car or house they have wanted. In the case of Minnesota Vikings first-round pick Caleb Banks, he spent some of his early rookie contract on something...different.
The Athletic's Alec Lewis shared on Wednesday that Banks, who is known for his unique collection of pets, had added another spider and three more snakes to his family of exotic pets. Earlier in the offseason, Banks shared he had already had two pythons, a chameleon, and a cane corso.
Ironically, the cane corso is the most tame pet in his family, considering it is a dog.
Caleb Banks said he bought another spider and three more snakes this offseason. We're back. https://t.co/diJht0wBfU
However, on the field, Banks has shown to be explosive early on and has overcome some early setbacks in the offseason program after being drafted. The former Florida Gator had suffered a broken foot in January so seeing him on the field is a sight to behold for the Vikings franchise.
#offseason #rookie #contract #shared
The Athletic's Alec Lewis shared on Wednesday that Banks, who is known for his unique collection of pets, had added another spider and three more snakes to his family of exotic pets. Earlier in the offseason, Banks shared he had already had two pythons, a chameleon, and a cane corso.
Ironically, the cane corso is the most tame pet in his family, considering it is a dog.
Caleb Banks said he bought another spider and three more snakes this offseason. We're back. https://t.co/diJht0wBfU
However, on the field, Banks has shown to be explosive early on and has overcome some early setbacks in the offseason program after being drafted. The former Florida Gator had suffered a broken foot in January so seeing him on the field is a sight to behold for the Vikings franchise.
#offseason #rookie #contract #shared
9 hours ago
WHITE SULPHER SPRINGS, W.Va. — It is Day 2 of New York Giants training camp at The Greenbrier Sports Performance Center. This will be the first day of six practices in West Virginia fans will be able to attend.
A few things worth paying attention to:
The facility sits in a peaceful section of the Allegheny Mountains. How much will the presence of fans change that? If you are in attendance, say **** o. You might find yourself in a video.
Will Malik Nabers, who practiced for the first time since tearing his ACL last season, work again?
Braxton Berrios, Calvin Austin, and Tae Banks were among players who had good days on Wednesday. Can they build on those?
#white #sports #performance
A few things worth paying attention to:
The facility sits in a peaceful section of the Allegheny Mountains. How much will the presence of fans change that? If you are in attendance, say **** o. You might find yourself in a video.
Will Malik Nabers, who practiced for the first time since tearing his ACL last season, work again?
Braxton Berrios, Calvin Austin, and Tae Banks were among players who had good days on Wednesday. Can they build on those?
#white #sports #performance
23 hours ago
Wall Street just delivered one of its most impressive earnings weeks in history, with the five largest US banks reporting a combined net income of around $49 billion in the second quarter of 2026, up 39% year-over-year, and combined trading revenue close to $39 billion.
Global investment banking income managed to reach $61.4 billion in the first half of the year, a 24% increase over 2025, with **** eX's record-breaking IPO alone accounting for an estimated $500 million in underwriting fees for the banks leading it.
Morgan Stanley (NYSE:MS) came in with arguably the best result of the group. The company achieved an undeniable Q2 earnings beat, achieving record net revenue of $21.35 billion, an 8.6% surprise over the $19.65 billion consensus expectation, marking a 27.1% increase year-over-year and a 4% sequential gain. Diluted earnings per share increased 62.4% year-over-year to $3.46, solidly above Wall Street's $2.92 projection and boosting first-half return on tangible common equity (ROTCE) to an impressive 26.6%. Following the report, Freedom Broker upgraded Morgan Stanley to Buy from Hold on July 17, raising the price objective to $245 from $200.
Meanwhile, equities trading revenue reached an all-time high of $6.3 billion, roughly $1.9 billion higher than **** ysts had predicted, with Morgan Stanley (NYSE:MS) citing general strength across its equities franchise, especially "strength in Asia," a phrase now heard in almost every major bank's earnings call as the AI trade spreads far beyond US markets to Hong Kong, India, **** an, and South Korea.
While turbulent equities trading provided the headlines, Morgan Stanley (NYSE:MS)'s primary competitive advantage is its recurring Wealth and Investment Management franchise, which offers a high-margin buffer against market downturns. Wealth Management earned a record quarterly revenue of $8.9 billion, up 14% year-over-year, with a strong 30.5% pretax margin, driven by higher **** et management fees and net interest income. During the quarter, the company added a record $148 billion in net new **** ets, bringing total client **** ets throughout Wealth and Investment Management above the $10 trillion level.
#billion #NYSE #wealth
Global investment banking income managed to reach $61.4 billion in the first half of the year, a 24% increase over 2025, with **** eX's record-breaking IPO alone accounting for an estimated $500 million in underwriting fees for the banks leading it.
Morgan Stanley (NYSE:MS) came in with arguably the best result of the group. The company achieved an undeniable Q2 earnings beat, achieving record net revenue of $21.35 billion, an 8.6% surprise over the $19.65 billion consensus expectation, marking a 27.1% increase year-over-year and a 4% sequential gain. Diluted earnings per share increased 62.4% year-over-year to $3.46, solidly above Wall Street's $2.92 projection and boosting first-half return on tangible common equity (ROTCE) to an impressive 26.6%. Following the report, Freedom Broker upgraded Morgan Stanley to Buy from Hold on July 17, raising the price objective to $245 from $200.
Meanwhile, equities trading revenue reached an all-time high of $6.3 billion, roughly $1.9 billion higher than **** ysts had predicted, with Morgan Stanley (NYSE:MS) citing general strength across its equities franchise, especially "strength in Asia," a phrase now heard in almost every major bank's earnings call as the AI trade spreads far beyond US markets to Hong Kong, India, **** an, and South Korea.
While turbulent equities trading provided the headlines, Morgan Stanley (NYSE:MS)'s primary competitive advantage is its recurring Wealth and Investment Management franchise, which offers a high-margin buffer against market downturns. Wealth Management earned a record quarterly revenue of $8.9 billion, up 14% year-over-year, with a strong 30.5% pretax margin, driven by higher **** et management fees and net interest income. During the quarter, the company added a record $148 billion in net new **** ets, bringing total client **** ets throughout Wealth and Investment Management above the $10 trillion level.
#billion #NYSE #wealth
1 day ago
A 60-year-old man was found shot to death on Wednesday morning, Chicago police said.
Chicago police responded to the call at about 9:57 a.m. in the 7600 block of South Emerald Street in Auburn Gresham.
Family and friends came to the scene, at first in mourning before turning the gathering into a celebration of life for South Side basketball legend Tim Bankston.
The man was found with a gunshot wound to the abdomen inside a home, police said. He died at the scene.
Chicago police said no other injuries were reported.
#scene #auburn
Chicago police responded to the call at about 9:57 a.m. in the 7600 block of South Emerald Street in Auburn Gresham.
Family and friends came to the scene, at first in mourning before turning the gathering into a celebration of life for South Side basketball legend Tim Bankston.
The man was found with a gunshot wound to the abdomen inside a home, police said. He died at the scene.
Chicago police said no other injuries were reported.
#scene #auburn
1 day ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
When the Federal Reserve changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best.
Understanding why the Fed raises and lowers rates — and how those decisions affect your money — can help you make smarter choices about saving and borrowing.
The Federal Reserve is mandated by Congress to promote stable prices and maximum employment within the U.S. economy. One of the tools it has at its disposal to achieve these goals is the federal funds rate.
During times of high inflation, for instance, the Fed will raise its federal funds rate, which is the rate banks charge each other for overnight loans to meet cash reserve requirements.
#loans
When the Federal Reserve changes interest rates, the impact reaches far beyond Wall Street. Higher rates can help savers earn more on their cash, while lower rates can make mortgages, car loans, and credit cards more affordable. But because every rate move creates both winners and losers, there's no simple answer to whether high or low rates are best.
Understanding why the Fed raises and lowers rates — and how those decisions affect your money — can help you make smarter choices about saving and borrowing.
The Federal Reserve is mandated by Congress to promote stable prices and maximum employment within the U.S. economy. One of the tools it has at its disposal to achieve these goals is the federal funds rate.
During times of high inflation, for instance, the Fed will raise its federal funds rate, which is the rate banks charge each other for overnight loans to meet cash reserve requirements.
#loans
2 days ago
The Green Bay Packers are opening up training camp on Wednesday, and injured players are in the spotlight as Matt LaFleur's team heads to the practice field to begin prep for the 2026 season.
Before practice, LaFleur and general manager Brian Gutekunst answered questions from the media, providing injury updates on specific players to start training camp:
Guard Aaron Banks: Gutekunst said Banks would come off the PUP list and practice in some capacity on Wednesday. The Packers placed Banks on the PUP list on Monday, but it appears his stay there will be a short one. Suggests he was dealing with a very minor issue.
Tight end Tucker Kraft: While he's starting training camp on the PUP list, Gutekunst believes Kraft will be participating "sooner rather than later." He is now roughly 8.5 months removed from surgery. The Packers are also hopefully that Kraft -- who Gutekunst compared to Christian Watson in terms of recovery from ACL surgery -- will be ready for Week 1. "The way he looks, you'd think he's ready to go." The two sides want to get a contract extension done as well, so the team will be "protective" of their start tight end coming off a major injury.
Edge rusher Micah Parsons: Gutekunst said Parsons has a "long ways to go" but is "doing great right now." The team is not expecting him to practice during training camp, although Gutekunst left the door open. He remains on schedule in his recovery. Parsons is a "genetic freak," but the Packers continue to preach patience.
#training #camp #parsons
Before practice, LaFleur and general manager Brian Gutekunst answered questions from the media, providing injury updates on specific players to start training camp:
Guard Aaron Banks: Gutekunst said Banks would come off the PUP list and practice in some capacity on Wednesday. The Packers placed Banks on the PUP list on Monday, but it appears his stay there will be a short one. Suggests he was dealing with a very minor issue.
Tight end Tucker Kraft: While he's starting training camp on the PUP list, Gutekunst believes Kraft will be participating "sooner rather than later." He is now roughly 8.5 months removed from surgery. The Packers are also hopefully that Kraft -- who Gutekunst compared to Christian Watson in terms of recovery from ACL surgery -- will be ready for Week 1. "The way he looks, you'd think he's ready to go." The two sides want to get a contract extension done as well, so the team will be "protective" of their start tight end coming off a major injury.
Edge rusher Micah Parsons: Gutekunst said Parsons has a "long ways to go" but is "doing great right now." The team is not expecting him to practice during training camp, although Gutekunst left the door open. He remains on schedule in his recovery. Parsons is a "genetic freak," but the Packers continue to preach patience.
#training #camp #parsons
2 days ago
WestBridge Capital has started a process to exit its investment in Star Health and Allied Insurance, Moneycontrol reported, citing unnamed sources.
The report said the private equity firm has asked investment banks to present proposals for a mandate to oversee the sale of its stake, with JPMorgan identified as the preferred adviser.
Based on the June quarter shareholding pattern, WestBridge holds around 40% of Star Health through Safecrop Investments India, a consortium set up by WestBridge, late investor Rakesh Jhunjhunwala and Madison Capital.
WestBridge requested expressions of interest from investment bankers a few weeks ago to run a sale process for its Star Health shares.
The source said that the size, structure and timing of any deal have yet to be decided and will depend on market conditions and investor interest.
#westbridge #process #allied
The report said the private equity firm has asked investment banks to present proposals for a mandate to oversee the sale of its stake, with JPMorgan identified as the preferred adviser.
Based on the June quarter shareholding pattern, WestBridge holds around 40% of Star Health through Safecrop Investments India, a consortium set up by WestBridge, late investor Rakesh Jhunjhunwala and Madison Capital.
WestBridge requested expressions of interest from investment bankers a few weeks ago to run a sale process for its Star Health shares.
The source said that the size, structure and timing of any deal have yet to be decided and will depend on market conditions and investor interest.
#westbridge #process #allied
2 days ago
As announced by the program, Alabama baseball's Bryce Fowler and Hagan Banks have signed with the Minnesota Twins.
A pair of redshirt seniors on Alabama's CWS team this past spring, both of Fowler and Banks were not selected in the 2026 MLB draft, and will now begin their professional career's in the minor leagues of Minnesota's organization.
Fowler joined the Crimson Tide prior to the 2025 season from Pearl River Community College, and went on to start during both seasons in Tuscaloosa as one of Alabama's top defensive players. Across his 121 games played, Fowler slashed a combined .294/.397/.442 with 13 home runs, 83 RBI, and 27 stolen bases, while also leading the Crimson Tide with a .320 batting average this past spring.
Banks spent all five seasons of his collegiate career in Tuscaloosa from 2022-26, emerging as Alabama's closer this past spring. The right-hander made 63 career appearances for Alabama over that span with seven starts, posting a combined 3-4 record with a 3.59 ERA, a 105:33 K:BB ratio, and six saves across 95.1 innings pitched.
Other former Alabama players currently in the Twins' organization include pitchers Connor Prielipp, Riley Quick, Hunter Hoopes, and Jonathan Stevens.
#tide #tuscaloosa
A pair of redshirt seniors on Alabama's CWS team this past spring, both of Fowler and Banks were not selected in the 2026 MLB draft, and will now begin their professional career's in the minor leagues of Minnesota's organization.
Fowler joined the Crimson Tide prior to the 2025 season from Pearl River Community College, and went on to start during both seasons in Tuscaloosa as one of Alabama's top defensive players. Across his 121 games played, Fowler slashed a combined .294/.397/.442 with 13 home runs, 83 RBI, and 27 stolen bases, while also leading the Crimson Tide with a .320 batting average this past spring.
Banks spent all five seasons of his collegiate career in Tuscaloosa from 2022-26, emerging as Alabama's closer this past spring. The right-hander made 63 career appearances for Alabama over that span with seven starts, posting a combined 3-4 record with a 3.59 ERA, a 105:33 K:BB ratio, and six saves across 95.1 innings pitched.
Other former Alabama players currently in the Twins' organization include pitchers Connor Prielipp, Riley Quick, Hunter Hoopes, and Jonathan Stevens.
#tide #tuscaloosa
2 days ago
Construction of a city's new film studio could start in the autumn.
The final details of Studio One at Crown Works in Sunderland have been set out in a planning application submitted to the city's planning authority.
The facility, on the banks of the Wear, will have three sound stages, production accommodation, backlot ***** e and a car park. The WH Foster Printworks building will also be refurbished as part of the plans.
Officials behind the scheme said the site had already been prepared and building work was expected to begin in the autumn if planning permission was secured.
Sunderland City Council leader Councillor Chris Eynon said it was an "exciting step forward".
#sunderland #construction #works
The final details of Studio One at Crown Works in Sunderland have been set out in a planning application submitted to the city's planning authority.
The facility, on the banks of the Wear, will have three sound stages, production accommodation, backlot ***** e and a car park. The WH Foster Printworks building will also be refurbished as part of the plans.
Officials behind the scheme said the site had already been prepared and building work was expected to begin in the autumn if planning permission was secured.
Sunderland City Council leader Councillor Chris Eynon said it was an "exciting step forward".
#sunderland #construction #works
2 days ago
Carlyle and Bain Capital are in contention to acquire Wealth Enhancement in a deal that could value the wealth management platform at about $7bn including debt, the Financial Times has reported.
Wealth Enhancement oversees nearly $160bn in client ***** ets, according to the report. Its private equity owners, TA ***** ociates and Onex, have put the business up for sale.
The two firms are now the final bidders in the process after other contenders dropped out, people familiar with the matter told the FT.
The sale comes as private equity groups continue to pursue independent wealth management firms, which have seen strong deal activity in recent years.
Wealth Enhancement is a registered investment adviser, or RIA. These firms compete with banks by advising wealthy individuals and business owners on investments in exchange for fees.
#Equity #owners #business
Wealth Enhancement oversees nearly $160bn in client ***** ets, according to the report. Its private equity owners, TA ***** ociates and Onex, have put the business up for sale.
The two firms are now the final bidders in the process after other contenders dropped out, people familiar with the matter told the FT.
The sale comes as private equity groups continue to pursue independent wealth management firms, which have seen strong deal activity in recent years.
Wealth Enhancement is a registered investment adviser, or RIA. These firms compete with banks by advising wealthy individuals and business owners on investments in exchange for fees.
#Equity #owners #business
2 days ago
By
July 27, 2026 5:30 am ET
Listen
(1 min)
Rising yields can make for a tough lending environment. But regional banks are evolving into something more like their Wall Street peers.
#july
July 27, 2026 5:30 am ET
Listen
(1 min)
Rising yields can make for a tough lending environment. But regional banks are evolving into something more like their Wall Street peers.
#july
2 days ago
The New Orleans Saints built a deeper, more balanced roster in the team's second offseason under head coach Kellen Moore. They made additions across the offense and defense that appear to have raised the team's ceiling ahead of training camp.
Keep in mind that these rankings weigh production, talent, depth, and upside. Positional value is not considered, as you can see from the highest-ranked position. This is strictly about the quality of each room.
Travis Etienne Jr. produced 1,399 scrimmage yards and 13 touchdowns with the Jacksonville Jaguars last season. Pairing him with Alvin Kamara and several capable backups makes this the roster's deepest room. Even a player of Kendre Miller's talent and upside is at risk of getting cut.
Kelvin Banks Jr., David Edwards, Erik McCoy, Cesar Ruiz, and Taliese Fuaga are a starting five that has no weak link other than injury and availability. This line, if it can stay fully healthy, has a top-10 ceiling. There shouldn't be any issues with time-to-throw for Tyler Shough.
Chris Olave is coming off of a season that saw him catch 100 passes for 1,163 yards and nine touchdowns. Now, Jordyn Tyson arrives via pick No. 8 in the 2026 NFL Draft. Adding Bryce Lance, Devaughn Vele, Mason Tipton, Bub Means, Ja'Lynn Polk, and others to this group — and that's what makes it fall into the top three.
#talent #upside #season #orleans
Keep in mind that these rankings weigh production, talent, depth, and upside. Positional value is not considered, as you can see from the highest-ranked position. This is strictly about the quality of each room.
Travis Etienne Jr. produced 1,399 scrimmage yards and 13 touchdowns with the Jacksonville Jaguars last season. Pairing him with Alvin Kamara and several capable backups makes this the roster's deepest room. Even a player of Kendre Miller's talent and upside is at risk of getting cut.
Kelvin Banks Jr., David Edwards, Erik McCoy, Cesar Ruiz, and Taliese Fuaga are a starting five that has no weak link other than injury and availability. This line, if it can stay fully healthy, has a top-10 ceiling. There shouldn't be any issues with time-to-throw for Tyler Shough.
Chris Olave is coming off of a season that saw him catch 100 passes for 1,163 yards and nine touchdowns. Now, Jordyn Tyson arrives via pick No. 8 in the 2026 NFL Draft. Adding Bryce Lance, Devaughn Vele, Mason Tipton, Bub Means, Ja'Lynn Polk, and others to this group — and that's what makes it fall into the top three.
#talent #upside #season #orleans
2 days ago
Wall Street just delivered one of its most impressive earnings weeks in history, with the five largest US banks reporting a combined net income of around $49 billion in the second quarter of 2026, up 39% year-over-year, and combined trading revenue close to $39 billion.
Global investment banking income managed to reach $61.4 billion in the first half of the year, a 24% increase over 2025, with ******* eX's record-breaking IPO alone accounting for an estimated $500 million in underwriting fees for the banks leading it.
Morgan Stanley (NYSE:MS) came in with arguably the best result of the group. The company achieved an undeniable Q2 earnings beat, achieving record net revenue of $21.35 billion, an 8.6% surprise over the $19.65 billion consensus expectation, marking a 27.1% increase year-over-year and a 4% sequential gain. Diluted earnings per share increased 62.4% year-over-year to $3.46, solidly above Wall Street's $2.92 projection and boosting first-half return on tangible common equity (ROTCE) to an impressive 26.6%. Following the report, Freedom Broker upgraded Morgan Stanley to Buy from Hold on July 17, raising the price objective to $245 from $200.
Meanwhile, equities trading revenue reached an all-time high of $6.3 billion, roughly $1.9 billion higher than ******* ysts had predicted, with Morgan Stanley (NYSE:MS) citing general strength across its equities franchise, especially "strength in Asia," a phrase now heard in almost every major bank's earnings call as the AI trade spreads far beyond US markets to Hong Kong, India, ******* an, and South Korea.
While turbulent equities trading provided the headlines, Morgan Stanley (NYSE:MS)'s primary competitive advantage is its recurring Wealth and Investment Management franchise, which offers a high-margin buffer against market downturns. Wealth Management earned a record quarterly revenue of $8.9 billion, up 14% year-over-year, with a strong 30.5% pretax margin, driven by higher ******* et management fees and net interest income. During the quarter, the company added a record $148 billion in net new ******* ets, bringing total client ******* ets throughout Wealth and Investment Management above the $10 trillion level.
#year #revenue
Global investment banking income managed to reach $61.4 billion in the first half of the year, a 24% increase over 2025, with ******* eX's record-breaking IPO alone accounting for an estimated $500 million in underwriting fees for the banks leading it.
Morgan Stanley (NYSE:MS) came in with arguably the best result of the group. The company achieved an undeniable Q2 earnings beat, achieving record net revenue of $21.35 billion, an 8.6% surprise over the $19.65 billion consensus expectation, marking a 27.1% increase year-over-year and a 4% sequential gain. Diluted earnings per share increased 62.4% year-over-year to $3.46, solidly above Wall Street's $2.92 projection and boosting first-half return on tangible common equity (ROTCE) to an impressive 26.6%. Following the report, Freedom Broker upgraded Morgan Stanley to Buy from Hold on July 17, raising the price objective to $245 from $200.
Meanwhile, equities trading revenue reached an all-time high of $6.3 billion, roughly $1.9 billion higher than ******* ysts had predicted, with Morgan Stanley (NYSE:MS) citing general strength across its equities franchise, especially "strength in Asia," a phrase now heard in almost every major bank's earnings call as the AI trade spreads far beyond US markets to Hong Kong, India, ******* an, and South Korea.
While turbulent equities trading provided the headlines, Morgan Stanley (NYSE:MS)'s primary competitive advantage is its recurring Wealth and Investment Management franchise, which offers a high-margin buffer against market downturns. Wealth Management earned a record quarterly revenue of $8.9 billion, up 14% year-over-year, with a strong 30.5% pretax margin, driven by higher ******* et management fees and net interest income. During the quarter, the company added a record $148 billion in net new ******* ets, bringing total client ******* ets throughout Wealth and Investment Management above the $10 trillion level.
#year #revenue
3 days ago
Celent has released a new report, entitled AI Everywhere for Value. Authored by senior ******* yst Alenka Grealish, the report concludes that the future of banking belongs to those who see AI and other digital capabilities as foundational for meaningful, intelligent engagement for both customers and employees.
Generative AI isn't a distant vision—it's already scaled and working inside US retail banks, powering more productive employees and richer, faster, and more personalised customer journeys.
Celent dives into several case studies that demonstrate real value being delivered among a global set of financial institutions, and we distil our observations into a set of actionable findings. Banks exploring their options for AI investment and business case development will find this flash report highly informative.
Empowering employees with AI capabilities at scale
Extending value levers beyond efficiency/productivity to revenues
Bank case studies that evidence ******* ulative value, and
#value #case #everywhere
Generative AI isn't a distant vision—it's already scaled and working inside US retail banks, powering more productive employees and richer, faster, and more personalised customer journeys.
Celent dives into several case studies that demonstrate real value being delivered among a global set of financial institutions, and we distil our observations into a set of actionable findings. Banks exploring their options for AI investment and business case development will find this flash report highly informative.
Empowering employees with AI capabilities at scale
Extending value levers beyond efficiency/productivity to revenues
Bank case studies that evidence ******* ulative value, and
#value #case #everywhere
3 days ago
Some offers on this page are from advertisers who pay us, which may affect which products we write about, but not our recommendations. See our Advertiser Disclosure.
Today's CD rates still hover well above the national average. The Federal Reserve reduced its target interest rate three times in 2025 and has left rates alone in 2026. This has had a ripple effect on deposit account rates, making now a great opportunity to lock in today's high rates with a certificate of deposit (CD). Here's a look at today's best CD rates and where you can find the best offers.
Today, the highest CD rate is 4.20% APY. This rate is offered by Sallie Mae on its 2-year CD.
Here is a look at some of the best CD rates available today from our verified partners.
If you're considering a CD, these rates are among the highest available, especially compared to the national average, which is significantly lower. It's also worth noting that online banks and credit unions generally offer more competitive rates than traditional brick-and-mortar banks.
#rate #offers
Today's CD rates still hover well above the national average. The Federal Reserve reduced its target interest rate three times in 2025 and has left rates alone in 2026. This has had a ripple effect on deposit account rates, making now a great opportunity to lock in today's high rates with a certificate of deposit (CD). Here's a look at today's best CD rates and where you can find the best offers.
Today, the highest CD rate is 4.20% APY. This rate is offered by Sallie Mae on its 2-year CD.
Here is a look at some of the best CD rates available today from our verified partners.
If you're considering a CD, these rates are among the highest available, especially compared to the national average, which is significantly lower. It's also worth noting that online banks and credit unions generally offer more competitive rates than traditional brick-and-mortar banks.
#rate #offers
3 days ago
It's not the way they thought they'd be spending their older years: getting two tweens ready for school and scraping together meals from food banks.
At the crack of dawn one Tuesday morning, 59-year-old Vicki Parisella bangs on her granddaughters' bedroom doors. Silence from Myaliissa's room; a whine from Tatiana's. Minutes later, Tatiana drags her backpack into the living room.
"Your shirt's on backward," Vicki tells the 11-year-old.
As if Vicki flipped an on-switch, Tatiana zooms around the living room while Vicki's husband, Sal, packs their lunches. Vicki braids Tatiana's hair and helps her put on her shoes as Myaliissa, 13, gets dressed. By 7:20, Vicki already has a headache.
Vicki and Sal, 76, are part of a growing population of 1.1 million US grandparents 60 and older who have returned to parenting roles when they expected to be retiring.
#tatiana #year #minutes
At the crack of dawn one Tuesday morning, 59-year-old Vicki Parisella bangs on her granddaughters' bedroom doors. Silence from Myaliissa's room; a whine from Tatiana's. Minutes later, Tatiana drags her backpack into the living room.
"Your shirt's on backward," Vicki tells the 11-year-old.
As if Vicki flipped an on-switch, Tatiana zooms around the living room while Vicki's husband, Sal, packs their lunches. Vicki braids Tatiana's hair and helps her put on her shoes as Myaliissa, 13, gets dressed. By 7:20, Vicki already has a headache.
Vicki and Sal, 76, are part of a growing population of 1.1 million US grandparents 60 and older who have returned to parenting roles when they expected to be retiring.
#tatiana #year #minutes
3 days ago
JPMorgan Chase(NYSE: JPM) CEO Jamie Dimon recently gave a provocative interview with a CNBC podcast. On Monday, Dimon effectively said that he wouldn't buy most stocks right now at today's high valuations.
Even if Dimon is somewhat bearish on the stock market, that doesn't mean everyday investors should be. For one thing, Jamie Dimon is a billionaire, and he's getting closer to retirement; his investment goals and time horizon are probably a lot different from yours. And perhaps even more important: No one knows how to time the market, not even the CEOs of major banks.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Even if you share Dimon's concerns that some stock valuations are too high, that doesn't mean you should stop investing. Let's look at three exchange-traded funds (ETFs) that might be good choices for non-billionaire, long-term investors.
Even if valuations are high, it's almost always a good idea for long-term investors to keep buying a broadly diversified stock market index fund like the Vanguard Total Stock Market ETF (NYSEMKT: VTI). This Vanguard ETF holds a portfolio of 3,531 U.S. stocks of companies of all sizes (large cap, mid cap, and small cap) and charges an ultralow expense ratio of 0.03%.
#dimon #market
Even if Dimon is somewhat bearish on the stock market, that doesn't mean everyday investors should be. For one thing, Jamie Dimon is a billionaire, and he's getting closer to retirement; his investment goals and time horizon are probably a lot different from yours. And perhaps even more important: No one knows how to time the market, not even the CEOs of major banks.
Missed Nvidia in 2009? This Rare Signal Is Flashing Again. In 2009, a "Double Down" signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same "Total Conviction" signal is flashing for a company 1/100th the size of Nvidia. Continue »
Even if you share Dimon's concerns that some stock valuations are too high, that doesn't mean you should stop investing. Let's look at three exchange-traded funds (ETFs) that might be good choices for non-billionaire, long-term investors.
Even if valuations are high, it's almost always a good idea for long-term investors to keep buying a broadly diversified stock market index fund like the Vanguard Total Stock Market ETF (NYSEMKT: VTI). This Vanguard ETF holds a portfolio of 3,531 U.S. stocks of companies of all sizes (large cap, mid cap, and small cap) and charges an ultralow expense ratio of 0.03%.
#dimon #market
3 days ago
Morgan Stanley kept Alibaba (BABA) stock as a "top pick" ahead of late-August earnings. ****** yst Gary Yu made the call over two weeks after cutting his target to $180 from $190.
That target sits roughly 60% above where BABA shares closed on Friday at $112.14. Thus, Wall Street is telling clients the stock is worth far more than buyers are currently willing to pay.
Yu lowered his Alibaba target in early July. He still kept an overweight rating on the stock.
Other banks pivoted in the same direction. HSBC cut its target to $170 from $176 in July. The bank still maintained its buy rating.
Daiwa moved earlier, cutting to $175 from $200 on June 24. The firm pointed to weak sales during China's 618 shopping festival.
#rating
That target sits roughly 60% above where BABA shares closed on Friday at $112.14. Thus, Wall Street is telling clients the stock is worth far more than buyers are currently willing to pay.
Yu lowered his Alibaba target in early July. He still kept an overweight rating on the stock.
Other banks pivoted in the same direction. HSBC cut its target to $170 from $176 in July. The bank still maintained its buy rating.
Daiwa moved earlier, cutting to $175 from $200 on June 24. The firm pointed to weak sales during China's 618 shopping festival.
#rating
6 days ago
By Jayshree P Upadhyay and Ashwin Manikandan
MUMBAI, July 24 (Reuters) - Indian banks and insurers will launch a common customer identification system in August, with **** et managers joining later, two regulatory sources and industry executives said, allowing customers to access financial products without separately submitting identification documents.
The new system, known as Central Know-Your-Customer 2.0 (CKYC), will only require the customer's consent for these institutions to fetch data stored at a central registry when opening an account or updating their details.
India has spent more than a decade trying to create a system similar to those in countries such as Singapore and several European nations, where digital identity frameworks allow customers to access multiple financial products through a common verification process.
It will also help combat fraud through easier monitoring, the regulatory sources said.
#financial
MUMBAI, July 24 (Reuters) - Indian banks and insurers will launch a common customer identification system in August, with **** et managers joining later, two regulatory sources and industry executives said, allowing customers to access financial products without separately submitting identification documents.
The new system, known as Central Know-Your-Customer 2.0 (CKYC), will only require the customer's consent for these institutions to fetch data stored at a central registry when opening an account or updating their details.
India has spent more than a decade trying to create a system similar to those in countries such as Singapore and several European nations, where digital identity frameworks allow customers to access multiple financial products through a common verification process.
It will also help combat fraud through easier monitoring, the regulatory sources said.
#financial
6 days ago
This story was originally published on CRE Daily. Join 70,000+ commercial real estate professionals getting daily news, market insights, and industry ****** ysis delivered straight to their inbox with the free CRE Daily newsletter.
Bank OZK reduced real estate loans to 47% of its portfolio in Q2 2026, from 52% in Q1.
CRE charge-offs and nonperforming ****** ets climbed, with foreclosures concentrated in office and life sciences.
Major competitors like Goldman Sachs and Bank of America expanded their CRE lending, diverging from OZK's pullback.
Bank OZK is taking a defensive stance on commercial real estate. According to Bisnow, the Arkansas-based lender trimmed the share of real estate loans in its total portfolio to 47% in Q2 2026—down markedly from 52% the quarter prior, and now trending well below its historical average. This reduction aligns with a plan outlined by the bank in December to shed nonperforming real estate ****** ets, even as lending peers broaden their exposure. The cautious approach stands in stark contrast to strategies at other national banks, many of which are stepping up CRE lending amid renewed market optimism and a resurgence in certain ****** et classes.
#real #bank #market
Bank OZK reduced real estate loans to 47% of its portfolio in Q2 2026, from 52% in Q1.
CRE charge-offs and nonperforming ****** ets climbed, with foreclosures concentrated in office and life sciences.
Major competitors like Goldman Sachs and Bank of America expanded their CRE lending, diverging from OZK's pullback.
Bank OZK is taking a defensive stance on commercial real estate. According to Bisnow, the Arkansas-based lender trimmed the share of real estate loans in its total portfolio to 47% in Q2 2026—down markedly from 52% the quarter prior, and now trending well below its historical average. This reduction aligns with a plan outlined by the bank in December to shed nonperforming real estate ****** ets, even as lending peers broaden their exposure. The cautious approach stands in stark contrast to strategies at other national banks, many of which are stepping up CRE lending amid renewed market optimism and a resurgence in certain ****** et classes.
#real #bank #market
6 days ago
Jason Banks made it two wins from two in the men's singles on a mixed day for Team Scotland in the bowls at the SEC Centre.
Former world number one, Banks, backed up his first group game win on Thursday with another straight sets victory, this time against Pakistan's Mohammed 'Chico' Qureshi - who runs an Indian restaurant in Glasgow.
The 30-year-old stormed to a 16-2 win in the first set, scooping up two full-houses of four bowls in a single end along the way, before a tighter 7-3 victory in the second set.
Banks faces Fiji and Wales over the weekend, before rounding off his Group C campaign against England on Monday morning.
The women's pairs endured the mixed emotions of the tie-break on their first day of action.
#jason
Former world number one, Banks, backed up his first group game win on Thursday with another straight sets victory, this time against Pakistan's Mohammed 'Chico' Qureshi - who runs an Indian restaurant in Glasgow.
The 30-year-old stormed to a 16-2 win in the first set, scooping up two full-houses of four bowls in a single end along the way, before a tighter 7-3 victory in the second set.
Banks faces Fiji and Wales over the weekend, before rounding off his Group C campaign against England on Monday morning.
The women's pairs endured the mixed emotions of the tie-break on their first day of action.
#jason
6 days ago
Investors seeking financial exposure can choose between the broad-market State Street Financial Select Sector SPDR ETF (NYSEMKT:XLF), which offers low-cost diversified access to the sector, or the more targeted State Street SPDR S&P Bank ETF (NYSEMKT:KBE), for a more concentrated bet on the banking industry.
Both funds are managed by State Street (NYSE:STT), but they serve different roles in a portfolio -- XLF tracks the heavyweights of the S&P 500's financial sector, while KBE uses a modified equal-weighted strategy to provide exposure to banks across the market cap spectrum.
Metric
KBE
XLF
#financial #sector #exposure
Both funds are managed by State Street (NYSE:STT), but they serve different roles in a portfolio -- XLF tracks the heavyweights of the S&P 500's financial sector, while KBE uses a modified equal-weighted strategy to provide exposure to banks across the market cap spectrum.
Metric
KBE
XLF
#financial #sector #exposure
6 days ago
Interested in Dime Community Bancshares, Inc.? Here are five stocks we like better.
Record Q2 results: Dime Community Bancshares posted record second-quarter revenue of $126 million, with core EPS up 23% year over year to $0.79. Net interest margin expanded to 3.28%, marking the bank's ninth straight quarter of margin growth.
Business lending is driving growth: Business loans grew 26% year over year, and management said the pipeline remains strong at about $1.4 billion. The bank expects low- to mid-single-digit loan growth in the second half while continuing to diversify away from multifamily exposure.
Credit, capital and buybacks: Credit trends were mixed but manageable, with nonperforming **** ets down 28% sequentially and the allowance to loans rising to 98 basis points. Capital levels improved, and management said it expects to resume share repurchases in the third quarter.
Time To Buy Regional Banks? Insider Buying Says Yes
#credit
Record Q2 results: Dime Community Bancshares posted record second-quarter revenue of $126 million, with core EPS up 23% year over year to $0.79. Net interest margin expanded to 3.28%, marking the bank's ninth straight quarter of margin growth.
Business lending is driving growth: Business loans grew 26% year over year, and management said the pipeline remains strong at about $1.4 billion. The bank expects low- to mid-single-digit loan growth in the second half while continuing to diversify away from multifamily exposure.
Credit, capital and buybacks: Credit trends were mixed but manageable, with nonperforming **** ets down 28% sequentially and the allowance to loans rising to 98 basis points. Capital levels improved, and management said it expects to resume share repurchases in the third quarter.
Time To Buy Regional Banks? Insider Buying Says Yes
#credit
7 days ago
September
7 1st Twenty20 international, Banks Home Riverside, Chester-le-Street (d/n) (18:30 BST)
9 2nd Twenty20 international, Emirates Old Trafford (d/n) (18:30 BST)
11 3rd Twenty20 international, Cardiff (14:30 BST)
14 1st ODI, Edgbaston (d/n) (12:30 BST)
#riverside #street
7 1st Twenty20 international, Banks Home Riverside, Chester-le-Street (d/n) (18:30 BST)
9 2nd Twenty20 international, Emirates Old Trafford (d/n) (18:30 BST)
11 3rd Twenty20 international, Cardiff (14:30 BST)
14 1st ODI, Edgbaston (d/n) (12:30 BST)
#riverside #street
7 days ago
Not everyone agrees with Dave Ramsey. His blanket opposition to credit cards and mortgages has drawn plenty of criticism from financial planners who see nuance where Ramsey sees recklessness. Even so, his track record is hard to dismiss.
Ramsey's net worth is most commonly estimated at around $200 million, though his own disclosures suggest the figure is considerably higher. In a late 2025 interview on "The School of Hard Knocks" YouTube channel, he told host James Dumoulin that Ramsey Solutions generated a record $300 million that year and that he owns roughly $850 million in real estate, all accumulated without debt. He went further, stating he is "probably a billionaire." His Ramsey Solutions headquarters campus in Franklin, Tennessee, which was built out over decades on land he paid cash for, is valued at approximately $650 million on its own. Anyone who has ****** embled that kind of enterprise is, at minimum, worth paying attention to.
His core message has remained consistent for decades: debt is the single biggest obstacle standing between ordinary Americans and genuine wealth. As he put it on his Instagram page, "Your most powerful wealth-building tool is your income. And when you spend your whole life sending loan payments to banks and credit card companies, you're making everyone else wealthy, and you end up with less money to save and invest for your own future."
Ramsey lumps credit cards, student loans, car payments, and borrowing in general into one category he calls "stupid." The counterargument is obvious: when you are sitting on $850 million in real estate and a media empire reaching 20 million weekly listeners, avoiding debt is far easier than it is for the average household. Still, the underlying logic, that debt diverts income away from saving and investing, holds up regardless of net worth.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
#worth #solutions #hard #cards
Ramsey's net worth is most commonly estimated at around $200 million, though his own disclosures suggest the figure is considerably higher. In a late 2025 interview on "The School of Hard Knocks" YouTube channel, he told host James Dumoulin that Ramsey Solutions generated a record $300 million that year and that he owns roughly $850 million in real estate, all accumulated without debt. He went further, stating he is "probably a billionaire." His Ramsey Solutions headquarters campus in Franklin, Tennessee, which was built out over decades on land he paid cash for, is valued at approximately $650 million on its own. Anyone who has ****** embled that kind of enterprise is, at minimum, worth paying attention to.
His core message has remained consistent for decades: debt is the single biggest obstacle standing between ordinary Americans and genuine wealth. As he put it on his Instagram page, "Your most powerful wealth-building tool is your income. And when you spend your whole life sending loan payments to banks and credit card companies, you're making everyone else wealthy, and you end up with less money to save and invest for your own future."
Ramsey lumps credit cards, student loans, car payments, and borrowing in general into one category he calls "stupid." The counterargument is obvious: when you are sitting on $850 million in real estate and a media empire reaching 20 million weekly listeners, avoiding debt is far easier than it is for the average household. Still, the underlying logic, that debt diverts income away from saving and investing, holds up regardless of net worth.
Don't wait: the ****** yst who called NVIDIA in 2010 just revealed his top 10 AI stocks. See the full list FREE now.
#worth #solutions #hard #cards
7 days ago
Scottish bowler Jason Banks is fond of the Alishan Tandoori in Glasgow. But he knows it is best to avoid it this week.
Why? Because Pakistan's Mohammed 'Chico' Qureshi - who Banks will face in the Commonwealth Games men's singles on Friday - runs the restaurant.
While Banks was the first Team Scotland athlete to compete at these Games - as he defeated Robert Simpson of Jamaica in straight-sets - you would be forgiven for thinking otherwise, as the well-supported Qureshi took to the portable rink at the SEC Centre in the session prior.
Pakistan was the name on the back of his shirt, but the 67-year-old restaurateur - who competed at the 2014 Games - has called Glasgow home for over 50 years.
Is 2026 the Commonwealth Games' last dance or a future-proofing revamp?
#games #commonwealth #jason
Why? Because Pakistan's Mohammed 'Chico' Qureshi - who Banks will face in the Commonwealth Games men's singles on Friday - runs the restaurant.
While Banks was the first Team Scotland athlete to compete at these Games - as he defeated Robert Simpson of Jamaica in straight-sets - you would be forgiven for thinking otherwise, as the well-supported Qureshi took to the portable rink at the SEC Centre in the session prior.
Pakistan was the name on the back of his shirt, but the 67-year-old restaurateur - who competed at the 2014 Games - has called Glasgow home for over 50 years.
Is 2026 the Commonwealth Games' last dance or a future-proofing revamp?
#games #commonwealth #jason
7 days ago
Upslope Capital Management, an investment management company, released its second-quarter 2026 investor letter. A copy of the letter can be downloaded here. Upslope aims to provide attractive, equity-like returns while reducing market risk and keeping low correlation with traditional equity strategies. The portfolio tailed in the speculative mania environment as investors broadly avoided boring, cash-flowing, non-AI stocks. The Fund returned -6.6% (net) in Q2 compared to +14.3% return for the S&P Midcap 400 ETF (MDY) and +10.3% gain for the HFRX Equity Hedge Index. In addition, you can check the Fund's top five holdings to determine its best picks for 2026.
In its Q2 2026 investor letter, Upslope Capital Management highlighted Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY). Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) is a financial technology company that offers solutions and payment processing services for community banks and credit unions. On July 21, 2026, Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) closed at $148.90 per share, reflecting a market capitalization of $10.58 billion. Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) posted a one-month return of 16.27%, while its shares lost 17.52% over the past 52 weeks.
Upslope Capital Management stated the following regarding Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) in its Q2 2026 investor update:
"The Fund also exited Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY), fintech business focused on core processing and payments for regional banks). This was disappointing, as the exit was largely due to risk management. Fundamentals remained solid, but shares were hit hard by AI worries. "Proving" the market wrong about these worries will simply take time (a lot of it) and, possibly, additional valuation compression. JKHY was not the only holding with this perceived risk and exiting was aimed at reducing broader exposure to a manageable level."
Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 38 hedge fund portfolios held Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) at the end of the first quarter, compared to 37 in the previous quarter. While we acknowledge the potential of Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#henry #management #upslope #fund
In its Q2 2026 investor letter, Upslope Capital Management highlighted Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY). Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) is a financial technology company that offers solutions and payment processing services for community banks and credit unions. On July 21, 2026, Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) closed at $148.90 per share, reflecting a market capitalization of $10.58 billion. Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) posted a one-month return of 16.27%, while its shares lost 17.52% over the past 52 weeks.
Upslope Capital Management stated the following regarding Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) in its Q2 2026 investor update:
"The Fund also exited Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY), fintech business focused on core processing and payments for regional banks). This was disappointing, as the exit was largely due to risk management. Fundamentals remained solid, but shares were hit hard by AI worries. "Proving" the market wrong about these worries will simply take time (a lot of it) and, possibly, additional valuation compression. JKHY was not the only holding with this perceived risk and exiting was aimed at reducing broader exposure to a manageable level."
Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) is not on our list of 40 Most Popular Stocks Among Hedge Funds Heading Into 2026. According to our database, 38 hedge fund portfolios held Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) at the end of the first quarter, compared to 37 in the previous quarter. While we acknowledge the potential of Jack Henry & ******* ociates, Inc. (NASDAQ:JKHY) as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock.
#henry #management #upslope #fund
7 days ago
The New Orleans Saints saw one of their NFC South rivals significantly weakened on the defensive side on Thursday. Carolina Panthers edge rusher Nic Scourton suffered an ACL injury during practice with the team on Thursday and will miss the entire 2026 NFL season. This was first reported by Ian Rapoport of the NFL Network. The Athletic's Joseph Person observed Scourton being carted off during team drills at Panthers practice on Thursday. Trainers were focused on Scourton's right knee. Later in the day, it was determined that Scourton had suffered an ACL tear that will cost him his entire season.
After earning a first team All-SEC selection in 2024 with the Texas A&M Aggies, Scourton was drafted 51st overall in the second round of the 2025 NFL Draft. Scourton tied for the 2025 Panthers team lead with 5 sacks as a rookie. He had 15 pressures and 9 QB hits while adding a forced fumble and 7 tackles for loss among his 47 total stops. In two games against the Saints last season, Scourton had 1.5 sacks and 5 QB pressures. New Orleans won both games. However, the Panthers would win the NFC South with an 8-9 record before going on to lose to the Los Angeles Rams, 34-31, in the first round of the NFL playoffs.
Carolina finished 2025 ranked 16th in total defense. Scourton's loss thins out a pass rush that had just 30 total sacks last season. The Panthers signed Jaelan Phillips in free agency this offseason to team with Scourton in hopes of improving that pass rush. Princely Umanmielen, a third round choice in the 2025 NFL Draft, is the favorite to take Scourton's place in the lineup.
New Orleans faces the Panthers at home on Nov. 15 and at Carolina on Dec. 13. The Saints have a potentially strong tackle duo in Kelvin Banks Jr and Taliese Fuaga. More bad news for a Panthers squad hoping for a repeat division ***** le might help New Orleans' chances. Either way, this unfortunate injury for Scourton is a good reminder of how quickly plans can fall apart in such a physical sport.
This article originally appeared on Saints Wire: Panthers lose star edge rusher after first training camp practice
#saints
After earning a first team All-SEC selection in 2024 with the Texas A&M Aggies, Scourton was drafted 51st overall in the second round of the 2025 NFL Draft. Scourton tied for the 2025 Panthers team lead with 5 sacks as a rookie. He had 15 pressures and 9 QB hits while adding a forced fumble and 7 tackles for loss among his 47 total stops. In two games against the Saints last season, Scourton had 1.5 sacks and 5 QB pressures. New Orleans won both games. However, the Panthers would win the NFC South with an 8-9 record before going on to lose to the Los Angeles Rams, 34-31, in the first round of the NFL playoffs.
Carolina finished 2025 ranked 16th in total defense. Scourton's loss thins out a pass rush that had just 30 total sacks last season. The Panthers signed Jaelan Phillips in free agency this offseason to team with Scourton in hopes of improving that pass rush. Princely Umanmielen, a third round choice in the 2025 NFL Draft, is the favorite to take Scourton's place in the lineup.
New Orleans faces the Panthers at home on Nov. 15 and at Carolina on Dec. 13. The Saints have a potentially strong tackle duo in Kelvin Banks Jr and Taliese Fuaga. More bad news for a Panthers squad hoping for a repeat division ***** le might help New Orleans' chances. Either way, this unfortunate injury for Scourton is a good reminder of how quickly plans can fall apart in such a physical sport.
This article originally appeared on Saints Wire: Panthers lose star edge rusher after first training camp practice
#saints
7 days ago
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Despite — or maybe because of — volatile markets and increasing consumer costs, the nation's largest banks continued to post strong profits in their second-quarter earnings, showing that the banking sector remains resilient even as concerns about the economy persist (1). But JPMorgan Chase, at least, is still preparing for a possible recession.
During JPMorgan's earnings call earlier this year, Chairman and CEO Jamie Dimon declined to predict whether the U.S. was heading for a recession (2); however, he has repeatedly warned that whenever the next credit cycle arrives, losses on leveraged lending are likely to be "worse than people expect relative to the scenario."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold
#jpmorgan #recession #wealth
Despite — or maybe because of — volatile markets and increasing consumer costs, the nation's largest banks continued to post strong profits in their second-quarter earnings, showing that the banking sector remains resilient even as concerns about the economy persist (1). But JPMorgan Chase, at least, is still preparing for a possible recession.
During JPMorgan's earnings call earlier this year, Chairman and CEO Jamie Dimon declined to predict whether the U.S. was heading for a recession (2); however, he has repeatedly warned that whenever the next credit cycle arrives, losses on leveraged lending are likely to be "worse than people expect relative to the scenario."
Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 — 6 ways to build wealth like a landlord without actually being one
JPMorgan still sees gold hitting $5,000/oz by Q4 — and savvy investors are protecting their wealth with a tax-advantaged Gold IRA. Learn more with a free guide from Priority Gold
#jpmorgan #recession #wealth
