>> GOOD MORNING. HAPPY FRIDAY. THIS IS BLOOMBERG DAYBREAK.TOM MACKENZIE IN LONDON. THESE ARE THE STORIES THAT SET YOUR AGENDA. INVESTORS SEND U.S. STOCKS TO ANOTHER RECORD HIGH AS MARKETS COME DOWN TO TODAY’S KEY U.S. INFLATION DATA.CHRIS WALLER RESTATES HIS CALL FOR LOWER INTEREST RATES. LISA COOK SUES TO BLOCK PRESIDENT TRUMP’S ATTEMPTS TO FIRE HER FROM THE FED. HER LAWYER SAYS THE ALLEGED MORTGAGE FRAUD WAS AN UNINTENTIONAL CLERICAL ERROR.THE GERMAN CHANCELLOR SAYS A MEETING BETWEEN ZELENSKY AND PUTIN WI ...

🇺🇸 UPDATE: There is now an 86.2% chance of getting a rate cut in September. https://t.co/5qSnPDVp6r ...

Small caps outperforming the market after Fed chair Powell's dovish speech on Friday. The Russell 2000 also besting the S&P over the past month and the entire third quarter, too. So, is this the breakout investors have been waiting for in small caps.Let's bring in Jill Carrie Hall from Bank of America. Jill, does this have legs here or is it just based on hopes of a rate cut sooner than later. Right.That's the the big question investors have been asking and we had been cautious on small caps for a while. Bu ...

My next guest says that is bullish for equities and crypto and he's seeing opportunities in the sectors that surged following Powell's dovish speech at Jackson Hole. Joining me now is Eric Johnston. He's chief equity and macro strategist at Caner Fitzgerald.Thank you so much for joining us. I I'd love to sort of just get your first take on all of the news today surrounding Lisa Cook and the markets call it somewhat muted reaction when we don't even know if she's able to continue her job as a member of the F ...

Core Viewpoint - Hancock Whitney Corp. (HWC) shares are performing well, trading near a 52-week high of $63.82, with a 12.3% increase over the past three months, outperforming the industry and Zacks Finance sector, but underperforming close peers [1][9]. Financial Performance - HWC's net interest income (NII) has a compound annual growth rate (CAGR) of 4.5% over five years ending in 2024, driven by higher rates and loan growth [6]. - The net interest margin (NIM) expanded to 3.37% in 2024 from 3.34% in 2023 and 3.26% in 2022, with continued growth in the first half of 2025 [6][10]. - Total revenues (TE) experienced a CAGR of 3.5% from 2019 to 2024, while total loans saw a CAGR of 1.9% during the same period [9]. Growth Initiatives - The company has launched a multi-year organic growth plan, focusing on hiring revenue-generating associates and expanding its presence in Florida and Texas, which is expected to enhance fee revenues [8]. - HWC's bond restructuring, asset repricing, and balance sheet deleveraging strategies are anticipated to support NIM [7]. Balance Sheet Strength - As of June 30, 2025, HWC had total debt of $1.26 billion and cash and cash equivalents of $1.12 billion, indicating a strong liquidity position [10]. - The common equity tier 1 ratio and total capital ratio were 14.03% and 15.87%, respectively, well above regulatory requirements, reflecting a robust capital position [12]. Dividend and Share Repurchase - In January 2025, HWC announced a 12.5% increase in its quarterly dividend to 45 cents per share, with an annualized dividend growth rate of 11.6% over the past five years [12]. - The company has a share repurchase plan authorizing the buyback of 4.3 million shares through December 31, 2026, with approximately 3.21 million shares remaining available as of June 30, 2025 [15]. Analyst Sentiment - The Zacks Consensus Estimate for earnings is $5.60 per share for 2025 and $5.90 for 2026, indicating growth of 5.3% and 5.4%, respectively [17][20]. - HWC's forward price-to-earnings (P/E) ratio is 10.82X, below the industry average, suggesting potential for upside [20]. Competitive Position - HWC's return on equity (ROE) stands at 11.21%, slightly below the industry's 11.64%, indicating room for improvement in capital allocation efficiency [23]. - Compared to peers, Bank OZK has a higher ROE of 13.24%, while F.N.B. Corp has a lower ROE of 7.94% [25]. Future Outlook - The anticipated rate cut by the Federal Reserve is expected to bolster HWC's NII and NIM, supporting loan growth and profitability [5][26]. - Overall, HWC's strategic initiatives and strong financial metrics position it favorably for potential investment opportunities [27].

Market Overview - Wall Street has experienced a rally over the past two months, with investors remaining optimistic despite concerns over the Federal Reserve's monetary policy and tariffs [1] - Federal Reserve Chairman Jerome Powell's hints at a potential rate cut next month have further fueled this rally, leading to a record closing high for the Dow at 45,631.74 points [3][8] Rate Cut Expectations - Investors are anticipating a 25-basis-point interest rate cut in September, with the current range held steady at 4.25-4.5% since December [4] - Inflation data showed a slower growth rate, with the consumer price index (CPI) increasing by 0.2% in July, lower than the expected 0.3% [5] - The market is now pricing in a 90% chance of a quarter percentage point rate cut in September, up from 75% prior to Powell's speech [5] Consumer Discretionary Stocks - Investing in consumer discretionary stocks is recommended due to the optimism surrounding rate cuts, with five highlighted stocks: Boyd Gaming Corporation, Carnival Corporation, The Walt Disney Company, Netflix, Inc., and Ralph Lauren Corporation [2][8] Boyd Gaming Corporation - Boyd Gaming operates gaming entertainment properties across multiple states and has an expected earnings growth rate of 5.2% for the current year, with a Zacks Rank of 1 [6] Carnival Corporation - Carnival Corporation is the largest cruise operator globally, with an expected earnings growth rate of 40.9% for the current year and a Zacks Rank of 2 [7][9] The Walt Disney Company - Disney's revenues reached $91.4 billion in fiscal 2024, with an expected earnings growth rate of 17.7% for the current year and a Zacks Rank of 2 [10][11] Netflix, Inc. - Netflix is a leader in the streaming industry, with an expected earnings growth rate of 31.4% for the current year and a Zacks Rank of 2 [12][13] Ralph Lauren Corporation - Ralph Lauren is a major designer and distributor of premium lifestyle products, with an expected earnings growth rate of 19.8% for the current year and a Zacks Rank of 2 [14]

>> JAY POWELL WITH THIS IS RATE CUT AS AN IS NEXT MONTH. THE U.S. GOVERNMENT TAKES OFF 5% STAKE IN INTEL WERE AT A .9 BILLION DOLLARS AND STUCK INVESTORS BRACE FOR NVIDIA IN EARNINGS. SHARES AND OFFSHORE WIND DEVELOPMENT PONCHO LOWEST ON RECORD AFTER PRESIDENT TRUMP'S ADMINISTRATION ORDERS WHICH RUSSIAN TO HALT AND ALMOST FINISHED OFFSHORE WIND FARM.GOOD MORNING. LET'S TAKE A LOOK AT HOW THE KEY MARKETS ARE FARING. THINGS INSIDE LIKE A LITTLE BIT.S&P FUTURES DOWN 15 BASIS POINTS. THE CHINESE AUTHORITIES ARE ...

♪ >> GOOD MORNING, IT’S 5AM IN NEW YORK, I'M MATT MILLER IN FOR DANI BURGER WITH YOUR BLOOMBERG BRIEF. U.K. MARKETS ARE CLOSED FOR A BANK HOLIDAY, HERE'S WHAT YOU NEED TO KNOW. STOCKS PULLED BACK AFTER A RALLY FUELED BY FED CHAIR POWELL'S RATE CUT SIGNAL.INVESTORS NOW SHIFT TO FOCUS ON NVIDIA'S EARNINGS SET FOR LATER THIS WEEK AND DR PEPPER AGREES TO BUY COFFEE AND TEA MAKER PEET'S. FUTURES PULLING BACK, DOWN A LITTLE BIT. THE COURT OF PERCENT ON THE NASDAQ.MORE THAN 1% GAIN IN THE CASH TRADE FOR THE MAJOR ...

Stocks Rally Stutters as Rate-Cut Optimism Fades. Get market insight on Bloomberg Surveillance. @tomkeene @ptsweeney @LisaMateoTV are LIVE on YouTube https://t.co/m9IglISGoz ...

Market Trends - Ethereum hits a new all-time high after 4 years, driven by expectations of an imminent rate cut by the Federal Reserve [1] - Crypto sentiment shifts to "Greed" as Bitcoin and Ether experience price spikes following the Fed's speech [1] Regulatory Developments - The EU is accelerating its plans for a digital euro, considering Ethereum and Solana for public blockchain implementation [1] - Japan is planning crypto tax cuts to stimulate investment in the crypto market [1] New Investment Products - VanEck files for a JitoSOL ETF, potentially opening a pathway for investors to earn Solana staking rewards [1]