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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
Netflix, Paramount, DJT, Jabil, Canopy Growth, American Express, and More Stock Market Movers
on.barrons.com/3Um8DaG
Paramount Stock Jumps on Report That Sony Is a Potential Buyer: Paramount Global stock popped Friday after a media report said that Sony’s movie division and ...
barrons.com/articles/paramount-sony-apollo-stock-price-news-35199e3f
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Sony in Talks to Join a Bid to Buy Paramount: The company and Apollo Global Management are discussing a joint effort, even as Paramount conducts exclusive merger ...
nytimes.com/2024/04/18/business/paramount-sony-apollo-bid.html
Warner Bros. Discovery CEO David Zaslav got paid $50 million even as the company lost money
qz.com/warner-bros-discovery-ceo-david-zaslav-salary-pay-1851423539
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Quick Glance: GOP's Financial Woes Resolved?
- After positive fundraising headlines for Donald Trump and the Republican National Committee (RNC), it seems the campaign is back on track, but the expenses for success were immense.
- While the Trump-RNC Joint Fundraising Committee, 'Trump 47 Victory', raised millions of dollars, only a fraction of it went towards political activities, exacerbating the financial crisis of the RNC.
- In comparison, the Biden-DNC committee, 'Biden Victory', was able to more effectively redirect funds and financially support Democratic parties in the states.
- A decision by the Federal Election Commission allowed the RNC to use funds from their 'legal' account for campaign advertising, temporarily easing the party's financial crisis but with long-term implications for both parties.
Paramount’s (PARA) High-Grade Bondholders Suddenly Feel Like Junk: Just a few months ago, life as a Paramount Global bondholder was pretty good.
bloomberg.com/news/articles/2024-04-15/paramount-s-para-high-grade-bondholders-suddenly-feel-like-junk
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“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
Asia’s central bankers struggle to contain strong US dollar: Shifting US interest rate expectations put pressure on Japan’s yen and China’s renminbi
ft.com/content/ad6c7827-a476-412d-899f-a1a12845b6e5
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
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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Sony and Apollo discuss teaming up to bid for Paramount Global: Media company is already in exclusive talks with Skydance about a potential deal
ft.com/content/cba5892a-b392-46b8-82d3-3bd5f5876186
Quick Glance: US Seeks Alliance with Abu Dhabi on Artificial Intelligence
- The Biden administration actively encourages US tech companies to seek artificial intelligence deals and partnerships in the United Arab Emirates to gain an edge over China.
- Microsoft announced a $1.5 billion investment in G42, an Abu Dhabi-based AI group, as part of the US efforts to dominate in artificial intelligence development.
- The discussions between the US and the UAE highlight how the competition for emerging technologies has become geopolitical, intertwining commercial decisions with national strategic and security interests.
- The Microsoft-G42 deal signifies the initiation of a broader alliance between the US and UAE in the field of artificial intelligence.
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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Paramount’s sale cries out for intervention: Paramount Global’s sale process is on the verge of ending like “Thelma & Louise.” A complex transaction with ...
reut.rs/3TYiXnC
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/
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/
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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Stock Market Crash: 3 Charts Show Market Headed For Trouble: "We say rising no landing risks = rising hard landing risks," says Michael Hartnett.
businessinsider.com/stock-market-crash-bubble-charts-trouble-ahead-bank-of-america-2024-4
David Ellison Closes In on Redstone’s National Amusements, Paramount Global: David Ellison, movie producer, tennis fanatic and heir to a technology fortune ...
bloomberg.com/news/articles/2024-04-07/david-ellison-closes-in-on-a-hollywood-prize-paramount-global
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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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Paramount shareholders are outraged by its merger plans: 'They're basically stealing the company'
qz.com/paramount-global-merger-skydance-media-investor-outrage-1851403539
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
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/
Ulta Beauty Gets an Upgrade After Stock Drops. The Selloff Was ‘Overdone.’: Loop Capital analyst Anthony Chukumba upgrades shares of Ulta to Buy from Hold.
barrons.com/articles/ulta-beauty-stock-upgrade-42c069c0
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Star Trek returns to the cinema as a prequel to the prequel: Paramount has confirmed that production on a new Trek film will begin in 2024 ...
heise.de/news/Star-Trek-kehrt-als-Prequel-zum-Prequel-ins-Kino-zurueck-9684399.html
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
Bank of America Losses on Bond Portfolio Hit $109 Billion in First Quarter as Rates Rose
on.barrons.com/43Y7GbL
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
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
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
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/
Star Trek Discovery Season 5: Discovery finally feels like Star Trek - Golem.de: In the fifth season, the creators of Discovery discover the strength of Star ...
golem.de/news/star-trek-discovery-staffel-5-discovery-fuehlt-sich-endlich-nach-star-trek-an-2404-183755.html
Quick Glance: Star Trek: Discovery New Season - Cast and Plot
- The final season of Star Trek: Discovery kicks off with the main actors bidding farewell to their long-standing characters.
- Despite initial criticism, the series garnered a loyal fan base excited about the return of a new Star Trek series to television.
- Renowned actors like Sonequa Martin-Green, Doug Jones, Anthony Rapp, Mary Wiseman, and Wilson Cruz delivered impressive performances in their iconic roles.
- In addition to the established characters, the series introduces new figures such as Adira Tal, Rayner, Book, Moll, and Admiral Vance.
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.
On the set of "Tulsa King": Sylvester Stallone is said to have insulted extras - Casting agency terminates contract
spiegel.de/kultur/tv/sylvester-stallone-soll-komparsen-am-set-von-tulsa-king-beleidigt-haben-castingagentur-kuendigt-a-c246190a-60d9-47a7-82a0-d8d408a98917
Serena Williams Launches a New Company That She's Been Working on for 6 Years
entrepreneur.com/business-news/serena-williams-launches-active-makeup-brand-wyn-beauty/472197
Skydance expects to more than double its revenue in coming years, WSJ reports: Skydance Media, which is in exclusive merger talks with Paramount Global ...
reuters.com/business/media-telecom/skydance-expects-more-than-double-its-revenue-coming-years-wsj-reports-2024-04-19/
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
Paramount Global Stock Stumbles on Report 3 Directors Will Be Leaving: The planned departures could be announced in a filing as soon as this week ...
barrons.com/articles/paramount-global-stock-news-directors-bc488c3c
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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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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
Showtime’s standalone streaming platform will end on April 30th: After April 30th, subscribers to Showtime’s streaming platform will have to sign up for ...
theverge.com/24127753/showtime-streaming-shut-down-paramount-plus
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/
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
Transformers-G.I. Joe Crossover Movie Made Official By Paramount – CinemaCon: The G.I. Joe team and Transformers are getting together for a new feature film at ...
deadline.com/2024/04/transformers-g-i-joe-crossover-paramount-cinemacon-1235882008/
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
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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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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Paramount Asked by Barington Capital to Engage Apollo on Offer: Activist investor Barington Capital Group L.P. is calling on Paramount Global to end exclusive ...
bloomberg.com/news/articles/2024-04-12/paramount-asked-by-barington-capital-to-engage-apollo-on-offer
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Sony Joins Talks To Buy Paramount—Boosting Paramount Shares 12%: Several suitors including Skydance Media and Redbird Capital have reportedly been in talks with ...
forbes.com/sites/antoniopequenoiv/2024/04/18/sony-joins-talks-to-buy-paramount-boosting-paramount-shares-12/
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/
Can Larry Ellison help his son David Ellison rescue Paramount?: Larry Ellison's money is important to the proposed deal for his son to buy Paramount ...
businessinsider.com/david-ellison-paramount-larry-ellison-tech-2024-4
Sony Deal for Paramount Would Draw Added Regulatory Scrutiny - Bloomberg: A deal to buy Paramount Global that includes Japan’s Sony Group Corp ...
bloomberg.com/news/articles/2024-04-19/sony-deal-for-paramount-would-draw-added-regulatory-scrutiny
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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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
Paramount and Skydance Are Getting Closer to a Merger Deal: Members of Paramount’s board and Skydance Media have agreed to start exclusive merger discussions ...
barrons.com/articles/paramount-skydance-merger-deal-b6051f33
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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
Redstone, Skydance strike tentative deal for Paramount stake, Bloomberg News reports
reut.rs/43NmHNe
Why Four Paramount Directors—and Many Shareholders—Aren’t Sticking Around for a Deal
barrons.com/articles/paramount-redstone-skydance-merger-stock-b7e61293
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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
Nick Cannon says he feels obligated to 'defend' Sean 'Diddy' Combs in resurfaced interview
usatoday.com/story/entertainment/celebrities/2024/04/04/nick-cannon-diddy-comments-resurface-cassie-lawsuit/73200748007/
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/
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
Why oil prices already at highs could surge another 10% by summer, according to BofA
trib.al/Ay4isK1
Senators Ask Bank Of America For Details About Leon Black’s Payments To Jeffrey Epstein, Report Says
go.forbes.com/c/M2g3
Three Paramount Directors to Step Down as Company Discusses Skydance Merger: The directors’ expected departures come at a sensitive time for Paramount Global.
on.wsj.com/4aPgmTT
Three Paramount board members to step down amid merger talks, WSJ reports: Three members on the board of Paramount Global are expected to exit the entertainment ...
reuters.com/markets/deals/three-paramount-board-members-step-down-amid-talks-merge-with-skydance-wsj-2024-04-10/
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
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
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