Bank of America sees AI transforming the internet over the next five years—top stocks to ride trend
Synopsis by CNBC Dec 06 22
AI and machine learning will be a "critical driver of all ...Read full article 
CNBC: Bank of America sees AI transforming the internet over the next five years—top stocks to ride trend
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| Last Updated | Dec 06 22 |
| Total Articles | 2 |
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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
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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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
Paid articlePaid 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/
A Market Plagued By Uncertainty: Geopolitical tensions between Iran and Israel cause market volatility and uncertainty, leading to weak performance of the market ...
seekingalpha.com/article/4684265-a-market-plagued-by-uncertainty
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Megan Fox tells women to 'move on' because men 'will drain you' after ending Machine Gun Kelly engagement
pagesix.com/2024/04/15/entertainment/megan-fox-says-men-will-drain-women-after-ending-machine-gun-kelly-engagement/
Quick Glance: Megan Fox Addresses Comparison with Chelsea from 'Love Is Blind'
- Megan Fox is sharing her thoughts on Chelsea Blackwell's controversial comparison to her in the latest season of 'Love Is Blind.'
- Two months after the show aired, Fox commented on the reality TV drama that caused a stir.
- Fox believes Blackwell is telling the truth about the comparisons and hopes her sparkle wasn't taken away.
- Blackwell and Fox faced comparisons leading to fan criticism, with both Brian Austin Green and Jimmy Presnell defending Blackwell.
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
Paid articlePaid 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
Paid articlePaid 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
Paid articlePaid 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
Paid articlePaid 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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The onus is now on Israel as Iran makes its move: Netanyahu’s sense he has prevailed in this round may make him less rather than more risk averse
ft.com/content/d9275a76-6443-4095-8b63-62584be4bdd5
Australia increases defence spending by $32bn in response to China build-up: Labor government commits to spending rises to pay for Aukus and long-range missile ...
ft.com/content/a5ba1e78-92e7-4cd5-9bad-327e4358b1b4
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
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
Paid articlePaid 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
My walk of shame to the Deposit Return Scheme machine won’t change my ways, but at least it paid off
independent.ie/opinion/comment/my-walk-of-shame-to-the-deposit-return-scheme-machine-wont-change-my-ways-but-at-least-it-paid-off/a1159808529.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
Paid articlePaid 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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Voting machine company Smartmatic and OANN settle defamation suit : Voting machine company Smartmatic has settled its defamation suit against One America News ...
nbcnews.com/politics/elections/voting-machine-company-smartmatic-oann-settle-defamation-suit-rcna148148
Quick Glance: OAN and Smartmatic Reach Settlement in Defamation Lawsuit
- Voting technology company Smartmatic and the far-right network One America News announced on Tuesday that they have agreed to a confidential settlement of a defamation lawsuit stemming from the outlet's lies about the 2020 presidential elections.
- The settlement followed a lawsuit filed by Smartmatic against OAN in 2021, alleging that the right-wing conspiracy network 'victimized' the company and spread lies about its role in the 2020 elections to boost viewership and revenue.
- OAN previously settled a defamation suit in September with former Dominion executive Eric Coomer, revealing collaboration with individuals to propagate falsehoods about the elections.
- While the Smartmatic case has concluded, OAN still faces another defamation lawsuit from Dominion regarding the dissemination of falsehoods about the 2020 elections.
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
Paid articlePaid 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/
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
Exclusive: Synchron, a rival to Musk’s Neuralink, readies large-scale brain implant trial
reuters.com/business/healthcare-pharmaceuticals/synchron-rival-musks-neuralink-readies-large-scale-brain-implant-trial-2024-04-08/
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
Got tinnitus? A device that tickles the tongue helps this musician find relief : More than 25 million adults in the U.S. have tinnitus, a condition that causes ...
npr.org/sections/health-shots/2024/04/15/1244501055/tinnitus-hearing-loss-ringing-ear-noise
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
Tesla and BYD sales fall as concerns mount over electric shift: US carmaker reclaims crown as world’s largest seller of battery electric cars after Chinese rival ...
ft.com/content/1f18cf1f-8b28-446a-81d2-86555f52a6e8
Paid articlePaid 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/
In praise of Peter Higgs : The particle named after him became a selling point. For the man, it was a bit of a pain
economist.com/leaders/2024/04/11/in-praise-of-peter-higgs
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
Paid articlePaid 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/
How to clean an ice maker with these easy steps: Here’s how to properly clean your ice maker to improve the quality of your ice and ensure the longevity of your ...
usatoday.com/story/money/problem-solved/2024/04/13/how-to-clean-ice-maker/73289709007/
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/
The Smartest Way to Use AI at Work: Generative AI tools can help you get ahead in the office—if you know how to use them.
wsj.com/tech/ai/the-smartest-way-to-use-ai-at-work-ce921ff4
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
Everything You Need to Make Pasta at Home, According to Our Resident Pasta-Obsessive
nytimes.com/wirecutter/reviews/making-pasta-at-home/
Electric vehicle charging ‘gantries’ would detract from ‘character’ of streets, Eamon Ryan says
irishtimes.com/environment/2024/04/15/electric-vehicle-charging-gantries-would-detract-from-character-of-streets-eamon-ryan-says/
Series of mishaps continues: Boeing plane loses engine cowling during takeoff: The US aviation authority FAA is investigating another incident involving a Boeing ...
spiegel.de/wirtschaft/unternehmen/usa-faa-prueft-problem-bei-boeing-maschine-triebwerksverkleidung-beim-start-verloren-a-b06c577c-9c52-4d4c-9cb2-542e3786ecf8
Paul Alexander lived longer than anyone in an iron lung: The lawyer and author died on March 11th, aged 78
economist.com/obituary/2024/04/03/paul-alexander-lived-longer-than-anyone-in-an-iron-lung
World’s most powerful MRI scans first images of human brain: Researchers hope the high precision will shed more light on our minds and illnesses.
straitstimes.com/world/europe/worlds-most-powerful-mri-scans-first-images-of-human-brain
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