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BofA Strategists Say Rates Jitters Are Fueling Stock Outflows: Investors are pulling money out of equities as a strong US economy and sticky inflation fuel ...
trib.al/AUNi4Ap
“Close your eyes and sell”: Bank of America sees clear correction signal in stocks
boerse-online.de/nachrichten/aktien/augen-zu-und-verkaufen-bank-of-america-sieht-eindeutiges-korrektursignal-bei-aktien-20355405.html
Bank of America Losses on Bond Portfolio Hit $109 Billion in First Quarter as Rates Rose
barrons.com/articles/bank-of-america-bond-losses-ce69bf86
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Bank of America Boycott Calls Grow After MAGA Accounts Closed: Trump lawyer John Eastman claims he was "de-banked" for helping the former president try to ...
newsweek.com/bank-america-boycott-maga-john-eastman-1892134
BofA Warns Current Price Moves Are Typical of Bubbly Markets: A rare rally in both tech stocks and commodities, combined with a jump in bond yields ...
bloomberg.com/news/articles/2024-04-12/bofa-warns-current-price-moves-are-typical-of-bubbly-markets
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Bank of America Set to Report Earnings as High Interest Rates Cut Both Ways
barrons.com/articles/bank-of-america-earnings-preview-b4d97283
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Bank of America: Signs Of The Recession: Bank of America's stock has performed well and kept pace with broader trends since October 2023 ...
seekingalpha.com/article/4684032-bank-of-america-signs-of-the-recession
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Bank Of America Rebound Hinges On Post-Earnings Action: Bank of America could be a buy or a sell on post-earnings action. Morgan Stanley reports first EPS gain ...
investors.com/news/bank-of-america-morgan-stanley-pnc-banks-earnings/
Worsening US debt outlook seen more in gold and bitcoin than in bonds: Concern about the rapidly rising U.S. government debt is partly behind recent surges in ...
reuters.com/markets/us/worsening-us-debt-outlook-seen-more-gold-bitcoin-than-bonds-2024-04-19/
Big banks led by Citi continue to trim staff to cut costs: U.S. banking giants continued to shed employees in the first quarter, with Citigroup seeing the ...
reuters.com/markets/us/big-banks-led-by-citi-continue-layoffs-amid-pressure-cut-costs-2024-04-16/
Microsoft earnings preview: Strong Azure, 365 growth as AI ramps up: Bank of America raised Microsoft's earnings estimate by 1% above its $60 ...
markets.businessinsider.com/news/stocks/microsoft-earnings-preview-stock-price-target-ai-azure-bofa-msft-2024-4
The Dow jumps 175 points as the markets look to break a losing streak: Bank of America, Morgan Stanley, and Johnson & Johnson all reported earnings before the ...
qz.com/dow-jones-stock-market-inflation-losing-streak-earnings-1851412882
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Bank Earnings Are Here Again. Keep Your Eyes on This Metric.: Bank investors will soon get updates on how the largest U.S. lenders—JPMorgan, Bank of America ...
barrons.com/articles/jpmorgan-chase-wells-fargo-citi-bank-earnings-stock-03173241
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Big Bank Earnings to Test Stocks’ Market-Trouncing Resurgence: The biggest US bank stocks have soared over the past six months, outpacing the S&P 500’s gains ...
bloomberg.com/news/articles/2024-04-11/big-bank-earnings-to-test-stocks-market-trouncing-resurgence
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Nike Stock Looks Compelling, BofA Says. It’s Had a Rough Run.: Shares of the athletic apparel maker look relatively cheap, and Wall Street’s expectations appear ...
barrons.com/articles/nike-stock-looks-compelling-bofa-says-its-had-a-rough-run-df17e1fc
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First Fed Rate Cut Won’t Come Until December, Deutsche Bank Says: Economists at Deutsche Bank AG and Bank of America Corp. joined the growing crowd of ...
bloomberg.com/news/articles/2024-04-11/first-fed-rate-cut-won-t-come-until-december-deutsche-bank-says
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Bank of America defeats 'Erica' virtual-assistant trademark case on appeal: Bank of America has convinced a U.S. appeals court that its "Erica" virtual assistant ...
reuters.com/legal/litigation/bank-america-defeats-erica-virtual-assistant-trademark-case-appeal-2024-04-19/
Spring is in the air: World Bank and IMF kick off their joint meeting in Washington this week
ft.com/content/2e61aba2-4977-41b6-88a6-15831ee0f4d4
Fed rate cuts: Best-case scenario in tatters after hot March inflation: Not only are the number of rate cuts dwindling among bank forecasts, but Larry Summers ...
markets.businessinsider.com/news/stocks/fed-rate-cuts-outlook-inflation-rate-cpi-stock-market-economy-2024-4
Bank of America Losses on Bond Portfolio Hit $109 Billion in First Quarter as Rates Rose
on.barrons.com/43Y7GbL
Citigroup, Wall Street’s biggest loser, is at last on the up: Jane Fraser’s unexpected success
economist.com/finance-and-economics/2024/04/18/citigroup-wall-streets-biggest-loser-is-at-last-on-the-up
Stock market today: strong earnings fuel comeback from losing streak: Stocks trended higher on Tuesday as earnings continued to deliver better-than-expected ...
markets.businessinsider.com/news/stocks/stock-market-today-earnings-first-quarter-fed-rate-cuts-geopolitics-2024-4
Reserve Bank set to update interest rate outlook as oil prices spike: Business & Investing: The price of a barrel of oil surged above US$90 a barrel for the ...
newsroom.co.nz/2024/04/08/reserve-bank-set-to-update-interest-rate-outlook-as-oil-prices-spike/
20 bank holding companies with the largest consumer loan portfolios: The top five bank holding companies have combined total consumer loan portfolios of more ...
americanbanker.com/list/20-bank-holding-companies-with-the-largest-consumer-loan-portfolios
Strong economy can be double-edged sword for Biden if rates stay high: Higher inflation could lead the Federal Reserve to keep interest rates — and mortgage ...
washingtonpost.com/business/2024/04/13/biden-inflation-federal-reserve/
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
- The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.
- March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.
- Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.
- Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
Savita Subramanian (BofA) Thinks US Stocks (SPX) Can Go Even Higher: Plus, how to know we're in a bubble.
bloomberg.com/news/articles/2024-04-04/savita-subramanian-bofa-thinks-us-stocks-spx-can-go-even-higher
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Why hospital wait times are so bad: The US may be recovering from a physician shortage, but don't expect to spend less time in hospital waiting rooms this year.
businessinsider.com/why-hospital-wait-times-are-bad-physician-shortage-low-pay-2024-4
Wall St slips after big bank earnings: U.S. stocks sold off on Friday after major U.S. banks' results failed to impress, capping a week marked by market-moving ...
reuters.com/markets/us/futures-steady-ahead-big-bank-earnings-2024-04-12/
Stock market news today: US stocks flat amid Wall Street uncertainty: Investors appear cautious amid unease over Middle East tensions, expected delays to ...
businessinsider.com/stock-market-news-today-futures-level-wall-street-geopolitical-uncertainty-2024-4
JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects
cnbc.com/2024/04/12/jpmorgan-chase-jpm-earnings-q1-2024.html
BofA Racks Up Bond Losses That Could Top $100 Billion: As bond yields turned higher in the first quarter, Bank of America’s unrealized losses on a key portion of ...
on.barrons.com/3VNucBY
Why the Stock Market Rally May Have Even Further to Go: Bank of America’s Savita Subramanian on the outlook for equities.
bloomberg.com/news/articles/2024-04-04/why-the-stock-market-rally-may-have-even-further-to-go
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Wells Fargo has worn its dunce cap long enough: The problem child of U.S. banking has been sitting on the naughty step for six long years ...
reuters.com/breakingviews/wells-fargo-has-worn-its-dunce-cap-long-enough-2024-04-18/
Japanese Yen (JPY/USD) Seen Plunging to 160 Per Dollar If Fed Delays Cuts: BofA: The yen could slide to hit 160 per dollar unless the Federal Reserve cuts ...
bloomberg.com/news/articles/2024-04-02/bofa-sees-yen-plunging-to-160-per-dollar-if-fed-delays-cuts
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Apple stock price has 28% upside as Wall Street underestimates profits: In 2018, Wall Street estimated Apple would see profit margins of about 39% in 2023 ...
markets.businessinsider.com/news/stocks/apple-stock-price-outlook-big-upside-wall-street-underestimates-profits-2024-4
USDMXN: Mexican Peso's Rally Is Set to Lose Steam, Bartosz Sawicki Says: The world’s best currency rally is set to peter out as Mexico’s central bank begins ...
bloomberg.com/news/articles/2024-04-04/top-mexico-peso-forecaster-sees-world-beating-rally-losing-steam
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As US bank profits drop, focus shifts to interest income outlook: As U.S. banking giants prepare to report slightly lower first-quarter profits ...
reuters.com/business/finance/us-bank-profits-drop-focus-shifts-interest-income-outlook-2024-04-10/
LA Unified School District Seeks to Shed Build America Bonds: The Los Angeles Unified School District is heading to Wall Street next week to lower the cost on ...
bloomberg.com/news/articles/2024-04-19/la-unified-school-district-seeks-to-shed-build-america-bonds
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Stock pickers, active managers beating the market by most since 2007: BofA: 64% of active funds beat benchmarks last quarter, fueled by strong stock rallies ...
markets.businessinsider.com/news/stocks/stock-market-big-cap-mutual-funds-highest-benchmark-since-2007-2024-4
Tesla stock price target cut at BofA on concerns of weak EV demand: "We see it hard for the company to generate additional sales with its current product ...
markets.businessinsider.com/news/stocks/tesla-stock-price-target-cut-bofa-weak-ev-demand-concerns-2024-4
Bank of America must face overdraft fee refund lawsuit: Bank of America must face a lawsuit claiming it reneged on a promise to refund overdraft fees to ...
reuters.com/legal/bank-america-must-face-overdraft-fee-refund-lawsuit-2024-04-04/
Nvidia stock price has 26% upside even as headwinds spark sell-off: BofA notes that the latest rout is the ninth time the stock has fallen more than 10% since ...
markets.businessinsider.com/news/stocks/nvidia-stock-price-outlook-correction-competition-google-intel-ai-chips-2024-4
HSBC targets wealthy expats, bullish Asian firms to drive Europe unit, exec says: HSBC's European chief is betting on rising regional wealth and overseas ...
reuters.com/business/finance/hsbc-targets-wealthy-expats-bullish-asian-firms-drive-europe-unit-exec-says-2024-04-08/
BofA urged by proxy advisers to split CEO, chair roles: Proxy advisers Glass Lewis and Institutional Shareholder Services (ISS) on Friday both urged Bank of ...
reuters.com/business/finance/bofa-urged-by-proxy-advisers-split-ceo-chair-roles-2024-04-05/
Why oil prices already at highs could surge another 10% by summer, according to BofA
trib.al/Ay4isK1
Opinion | Boston Marathon Medal Shows You Can’t Outrun Commercialism: Bank of America’s name right below the iconic unicorn shows that sometimes concessions in ...
trib.al/svI7j5N
Boston Marathon Criticized for Branded Finisher Medals: Runners are disappointed that the new finisher medals feature a large bank logo across the bottom ...
nytimes.com/2024/04/03/style/boston-marathon-medals.html
Senators Ask Bank Of America For Details About Leon Black’s Payments To Jeffrey Epstein, Report Says
go.forbes.com/c/M2g3
Active US funds tally best quarterly outperformance since 2007, BofA says: Actively managed U.S. equity funds in the first quarter posted their best quarterly ...
reuters.com/markets/us/active-us-funds-tally-best-quarterly-outperformance-since-2007-bofa-says-2024-04-04/
Record gold prices have the metal overvalued as recession fears dim: BofA: Surveyed investors are at their most bullish in two years, with 78% considering a ...
markets.businessinsider.com/news/commodities/gold-price-commodities-recession-hard-landing-fed-rate-cut-outlook-2024-4
Nike Stock Jumps On Upgrade To Buy As Analyst Says It's 'Time To Just Do It' - Nike (NYSE:NKE)
benzinga.com/news/24/04/38209892/nike-stock-jumps-on-upgrade-to-buy-as-analyst-says-its-time-to-just-do-it
6 stocks set to benefit from AI data center boom: Bank of America: These companies will benefit from the construction and maintenance of AI data centers.
businessinsider.com/top-stocks-benefiting-ai-data-center-boom-bank-of-america-2024-4
Nike Stock Jumps On Upgrade As Estimates 'Finally Look Achievable' Ahead Of Paris Olympics
investors.com/news/nike-stock-upgrade-to-buy-paris-olympics/
Bank of America Racks Up Bond Losses That Could Top $100 Billion: As bond yields turned higher in the first quarter, Bank of America’s unrealized losses on a key ...
barrons.com/articles/bank-of-america-stock-bond-losses-97bf300e
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Wall Street pushes out rate-cut expectations, sees risk they don't start until March 2025
cnbc.com/2024/04/17/wall-street-pushes-out-rate-cut-expectations-sees-risk-of-no-action-until-2025.html
Ex-BofA Veteran Handling Vedanta Group Overhaul Steps Down: Omar Davis, a veteran banker who was overseeing the restructuring of Vedanta Group ...
bloomberg.com/news/articles/2024-04-03/ex-bofa-veteran-handling-vedanta-group-overhaul-steps-down
Disney stock price: 20% upside as Iger turnaround strategy hits growth phase: "Bob Iger now appears to be in command and control and on a growth offensive ...
markets.businessinsider.com/news/stocks/disney-stock-price-outlook-upside-bob-iger-turnaround-strategy-dis-2024-4
Citigroup CEO faces growth challenge as overhaul rattles employees: Citigroup investors have rewarded CEO Jane Fraser with a share price boost after Fraser ...
reuters.com/markets/us/citigroup-ceo-faces-growth-challenge-overhaul-rattles-employees-2024-04-09/
The worst part of a Wall Street career may be coming to an end: Artificial intelligence tools can replace much of Wall Street’s entry-level white-collar work ...
nytimes.com/2024/04/10/business/investment-banking-jobs-artificial-intelligence.html
Big banks are in a race to get AI right: Big AI investments for banking giants aim to boost efficiency, productivity — but it's a slow grind.
axios.com/2024/04/12/banks-ai-morgan-stanley
Quick Glance: OpenAI and Meta Prepare New AI Models Capable of 'Reasoning'
- OpenAI and Meta are on the verge of releasing new artificial intelligence models that are said to be capable of reasoning and planning.
- These upgrades are part of a wave of new large language models being released this year.
- Reasoning and planning are key steps towards achieving 'artificial general intelligence', allowing chatbots and virtual assistants to complete sequences of related tasks.
Gold jumps as worldwide tensions, central bank buys: Gold has been boosted by a number of factors, including China purchases.
axios.com/2024/04/08/gold-record-highs
S&P Global revises JPMorgan's ratings outlook to 'positive': S&P Global on Monday revised the rating outlook of JPMorgan Chase to 'positive' from 'stable' ...
reuters.com/business/finance/sp-global-revises-jpmorgans-ratings-outlook-positive-2024-04-01/
BofA hikes 2024 oil forecasts on tighter supply, geopolitical risks: Bank of America (BofA) Global Research has raised its 2024 Brent and WTI oil price forecasts ...
reuters.com/business/energy/bofa-raises-2024-oil-forecasts-sees-prices-peaking-95bbl-2024-04-03/
A Big Takeaway From Bank Earnings? Wall Street Is Winning Again.: For one quarter at least, investment banking is outpacing consumer-focused businesses ...
on.barrons.com/3xCyAtJ
How Safe Are Banking Apps, Really?: Most banking apps are safe. But taking these precautions will help protect your financial information.
cnet.com/personal-finance/banking/advice/are-banking-apps-safe/
Goldman Sachs should split CEO and chairman roles, proxy adviser ISS says: Goldman Sachs should separate the CEO and chairman roles currently held by David ...
reuters.com/business/finance/proxy-adviser-iss-backs-call-independent-board-chair-goldman-sachs-2024-04-03/
Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024: Economists at Citigroup Inc. are going out on a limb by wagering that virtually everyone on ...
bloomberg.com/news/articles/2024-04-17/citigroup-says-wall-street-is-wrong-to-slash-fed-rate-cut-bets
What to expect from bank earnings as high interest rates pressure smaller players
cnbc.com/2024/04/11/bank-earnings-high-interest-rates-set-to-pressure-small-players.html
Apple shares could rise by 28 percent, according to Bank of America: Investors are underestimating Apple's growth potential, according to Bank of America ...
businessinsider.de/wirtschaft/international-business/apple-aktie-koennte-um-28-prozent-steigen-laut-bank-of-america/
'Net interest income' has Wall Street worried right now. Here's what it is and why it matters
qz.com/net-interest-income-nii-bank-earnings-fed-interest-rate-1851416810
Tax deadline is pivotal for funding markets, Fed's balance sheet: The annual rush to pay Uncle Sam tends to suck hundreds of billions of dollars from the banking ...
accountingtoday.com/articles/tax-deadline-is-pivotal-for-funding-markets-feds-balance-sheet
Investors want to separate finance CEOs from their chair seats: Even if these proposals succeed, researchers are skeptical that separate jobs make companies ...
businessinsider.com/investors-want-to-separate-finance-ceos-from-their-chair-seats-2024-4
3 AI stocks to buy: 2nd-tier accelerator firms beyond NVDA, BofA says: "Rising tide could create profitable niche for next tier of vendors," analysts at the firm ...
markets.businessinsider.com/news/stocks/ai-stock-picks-to-buy-accelerator-companies-market-share-bofa-2024-4
Fighting financial discrimination of sex workers will help us all: Sex workers and sex trafficking survivors are often the test cases for revoking rights for ...
mashable.com/article/fighting-financial-discrimination-of-sex-workers-will-help-us-all
Next Fed rate cut could be delayed to March 2025 if PCE inflation stays high: The US central bank might have to wait nearly another year before easing policy if ...
businessinsider.com/next-fed-interest-rate-cuts-outlook-march-2025-pce-inflation-2024-4
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The Hidden Win For Merchants–And Their Loyal Customers–In The Visa-Mastercard Settlement
forbes.com/sites/emilymason/2024/04/03/the-hidden-win-for-merchantsand-their-loyal-customersin-the-visa-mastercard-settlement/
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Morgan Stanley to cut about 50 investment-banking jobs in Asia Pacific: The planned cuts affect about 13 per cent of the 400 bankers in the region ...
straitstimes.com/business/morgan-stanley-plans-biggest-round-of-china-job-cuts-in-years
Profits at Bank of America’s Irish arm surge: The US investment bank employs more than 1,000 people in Dublin, which acts as its European headquarters
businesspost.ie/news/profits-at-bank-of-americas-irish-arm-surge/
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