Trustmark names next COO, CFO

Texas Capital Bancshares (NASDAQ:TCBIO) reported a sharp May decline in short interest. According to the data cited, short interest fell to 13,321 shares as of May 15 from 52,386 on April 30 (down 74.6%); days to cover is 0.8 based on average daily volume of 17,458. The stock was down 0.4% to $21.18 mid-day. The company also declared a $0.3594 quarterly dividend payable June 15 to holders of record June 1.

Texas Capital Bancshares (TCBIO) stock recently reached a 52-week high of $20.95, reflecting strong investor confidence and a 11.12% total return over the past year. The company boasts a market capitalization of $4.34 billion, a P/E ratio of 13.23, and an attractive dividend yield of 6.86%, with InvestingPro analysis suggesting it may still be undervalued. This performance comes despite broader concerns within the banking sector regarding private credit exposure and NDFI loans, highlighted by Raymond James.

Robert W. Stallings, a director at Texas Capital Bancshares, recently purchased 40,000 depositary shares for approximately $888,000. These shares, known as TCBIO, represent ownership interests in Series B Preferred shares and offer dividends but no voting power, unlike the common stock TCBI. The transaction occurred amidst a positive stock performance for the company in 2026, though its financials have seen recent fluctuations and operational focus is limited to Texas.

The article argues that Broadcom’s (NASDAQ: AVGO) stock “de-rating” is driven by optics rather than changes in underlying fundamentals. It attributes the market reaction to investor perception and expectations, rather than to reported deterioration in Broadcom’s business performance. No specific financial figures were provided in the excerpt.

Coatue’s Thomas Laffont, discussed on the All-In podcast, said trillion-dollar stocks such as NVIDIA and Amazon have 30%+ odds of reaching $10 trillion, citing “filters” like dominant market position and durable earnings. The article notes Micron’s cloud memory revenue nearly doubled to $5.28B with 66% gross margins, while analyst targets and insider selling suggest near-term caution. It also flags antitrust enforcement as a key risk for NVIDIA and Amazon.

Bill Ackman of Pershing Square said on the All-In Podcast that mega-cap stocks are being undervalued like Berkshire Hathaway was during the dot-com peak. He cited holdings in Microsoft, Meta and Amazon, noting Microsoft’s AI revenue run rate exceeded $37 billion (up 123% YoY) and Meta’s Q1 revenue rose 33.1%. He warned niche software charging about $30,000/year faces AI replication risk.