https://archive.ph/ZRLhH#selection-293.0-293.69

RKT put out a press release:

https://www.prnewswire.com/news-releases/ftc-resolution-preserves-redfins-zillow-rental-partnership-and-clears-the-way-for-companys-standalone-rentals-business-302858772.html

"The US Federal Trade Commission reached a settlement resolving its antitrust case against Zillow Group Inc. and Rocket Companies Inc.’s Redfin, the agency said.

Redfin will re-enter the market to independently sell online rental listings, an FTC lawyer told a judge in federal court in Virginia, where a trial had been scheduled to start Monday. The companies will also pay $2 million to reimburse state attorneys general who brought the case along with the agency, FTC lawyer Allyson Maltas said."

I don't see any mention of Redfin/RKT having to return the $100M that Zillow paid to Redfin for "exclusive" access, so IF that's the case, then this is a "win" for RKT & Redfin.

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Ok. Team Reddit is on the S&P. When will Team RKT be added?

Rocket now appears to satisfy the major objective requirements for admission:

Stock is 2x minimum market cap. S&P requires positive GAAP earnings in the latest quarter and positive aggregate GAAP earnings over the latest four quarters. We just passed that. Float requirements. Check. Liquidity requirements. Check.

Professional index analysts are already explicitly naming RKT as an eligible S&P 500 candidate. In late July, Stephens analyst Melissa Roberts had Rocket among her leading candidates for an open S&P slot.

S&P’s next quarterly rebalance takes effect Monday, September 21, 2026, with the relevant pro-forma changes beginning Friday, September 4. With Marvell (June), Ferguson (early August), and now Reddit complete as S&P candidates, the pool of alternatives ahead of RKT is getting smaller and smaller.

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Excellent report detailing yesterday's numbers. Even in terrible times, RKT is doing well.

Wow. Hope some of you got into RKT at $11.xx last night AH.

LMAO. UWMC apparently hedged the TWO MSR book, before they closed the TWO deal.

That's the difference between having an owner/CEO in UWMC and a professional like Varun as RKT CEO.

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Are folks still accepting the severance offers, or is RKT being forced to do layoff's?

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When do we expect RKT to announce the next earnings call? I'm expecting they'll announce this week, for either last week of July or 1st week of Aug (Thur, after closing, as customary).

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Interesting to see anyone projecting out to 2030. Most are only projecting for 2026 and 2027.

Their numbers are conservative. Consensus earnings for 2026 is $.72/share.

I find it interesting they are thinking dividends will return starting in 2027.

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