Key Points Interested in FB Financial Corporation? Here are five stocks we like better. FB Financial posted solid Q2 results with EPS of $1.13 and adjusted EPS of $1.14, while net income reached $58.6 million. Pre-tax, pre-provision net revenue rose about 8% sequentially, and management said the bank remains well-positioned with strong balance sheet growth…
Four companies are eliminating nearly 250 jobs at logistics and distribution facilities across New Jersey, North Carolina, Illinois and California, while nine transportation- and logistics-related companies have recently sought bankruptcy protection. The latest bankruptcy filings and layoff notices highlight continued financial stress across trucking, freight forwarding, warehousing, trailer manufacturing and supply chain services. The largest…
The dollar index (DXY00) is down by -0.55% today. The dollar is retreating today after US June consumer prices rose less than expected, a dovish factor for Fed policy. Also, the benign CPI report has reduced the chances of a Fed rate hike at the FOMC meeting later this month to 12% from 43% on…
Longleaf Partners, managed by Southeastern Asset Management, released its second-quarter 2026 investor letter for its “Small-Cap Fund”. A copy of the letter can be downloaded here. The letter states that the portfolio holdings are attractive now based on both P/V and P/FCF metrics; however, market winners have gone far higher than fair value. The Fund returned…
By Lucia Mutikani WASHINGTON, July 14 (Reuters) – U.S. consumer inflation slowed more than expected in June as energy prices retreated, but the moderation was insufficient to convince financial markets to take an interest rate increase from the Federal Reserve this year off the table against the backdrop of renewed conflict in the Middle East….
This week, has been affected by global politics and transactional drama from governments. While Bitcoin price has managed to hold above $62K resistance as the Iran crisis intensifies, the United States government has made a move. The U.S. government has moved nearly $300 million in seized Bitcoin and to Coinbase. While there are debates on…
Quick question. Have you noticed how confusing the market’s been lately? Some days the SPY looks great and the Qs get hammered. Other days it’s the opposite. A handful of memory names tank and drag the whole tech sector down with them, even though everything else is holding up fine. Most traders see this and…
The IBM (IBM) turnaround just hit a major speed bump. IBM stock fell 24% in early trading after an unexpected pre-earnings warning from the company. The tech giant’s stock is poised to have its worst day ever, dating back to 1961, strategist Mike Zaccardi pointed out on X. The stock lost 23% in a single…
It appears that Wave E of a larger pattern has started, which is a bearish wave. A trendline has been lost, and it seems that sellers have entered the market. The price is currently pulling back toward the supply zone and the trendlines. It is expected that after this pullback, the price will continue moving…
According to the Zillow lender marketplace, the average 30-year fixed rate is 6.42% today, Tuesday, July 14, 2026, down 2 basis points since yesterday. The 15-year fixed loan is currently at 5.92%, 10 basis points higher than yesterday. The 5/1 ARM is 6.57%, 14 basis points higher than on Monday. Weekly survey of mortgage lenders with…
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