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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/
Bank Of America Rebound Hinges On Post-Earnings Action
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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
Fed rate cuts: Best-case scenario in tatters after hot March inflation
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Bank of America Losses on Bond Portfolio Hit $109 Billion in First Quarter as Rates Rose
on.barrons.com/43Y7GbL
Bank of America Losses on Bond Portfolio Hit $109 Billion in First Quarter ...
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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
Stock market today: strong earnings fuel comeback from losing streak
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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/
Reserve Bank set to update interest rate outlook as oil prices spike
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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
20 bank holding companies with the largest consumer loan portfolios
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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/
Strong economy can be double-edged sword for Biden if rates stay high
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.
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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
Stock market news today: US stocks flat amid Wall Street uncertainty
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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
JPMorgan Chase is set to report first-quarter earnings — here’s what the ...
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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/
Wells Fargo has worn its dunce cap long enough
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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
Apple stock price has 28% upside as Wall Street underestimates profits
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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/
As US bank profits drop, focus shifts to interest income outlook
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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
Stock pickers, active managers beating the market by most since 2007: BofA
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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
Tesla stock price target cut at BofA on concerns of weak EV demand
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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
Nvidia stock price has 26% upside even as headwinds spark sell-off
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Why oil prices already at highs could surge another 10% by summer, according to BofA
trib.al/Ay4isK1
Why oil prices already at highs could surge another 10% by summer ...
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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 ...
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Opinion | Boston Marathon Medal Shows You Can’t Outrun Commercialism
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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
Boston Marathon Criticized for Branded Finisher Medals
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Senators Ask Bank Of America For Details About Leon Black’s Payments To Jeffrey Epstein, Report Says
go.forbes.com/c/M2g3
Senators Ask Bank Of America For Details About Leon Black’s Payments To ...
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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
Record gold prices have the metal overvalued as recession fears dim: BofA
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Nike Stock Jumps On Upgrade As Estimates 'Finally Look Achievable' Ahead Of Paris Olympics
investors.com/news/nike-stock-upgrade-to-buy-paris-olympics/
Nike Stock Jumps On Upgrade As Estimates 'Finally Look ...
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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
Bank of America Racks Up Bond Losses That Could Top $100 Billion
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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
Wall Street pushes out rate-cut expectations, sees risk they don't start ...
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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
Disney stock price: 20% upside as Iger turnaround strategy hits growth ...
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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/
Citigroup CEO faces growth challenge as overhaul rattles employees
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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
The worst part of a Wall Street career may be coming to an end
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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
Big banks are in a race to get AI right
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.
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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
Gold jumps as worldwide tensions, central bank buys
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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
A Big Takeaway From Bank Earnings? Wall Street Is Winning Again.
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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/
How Safe Are Banking Apps, Really?
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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
Citi (C) Holds Call for 125 Basis Points of Fed Rate-Cuts in 2024
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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
What to expect from bank earnings as high interest rates pressure smaller ...
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'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
'Net interest income' has Wall Street worried right now. Here's what it is ...
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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/
Apple shares could rise by 28 percent, according to Bank of America
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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
Tax deadline is pivotal for funding markets, Fed's balance sheet
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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
Investors want to separate finance CEOs from their chair seats
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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
3 AI stocks to buy: 2nd-tier accelerator firms beyond NVDA, BofA says
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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
Next Fed rate cut could be delayed to March 2025 if PCE inflation stays ...
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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
Morgan Stanley to cut about 50 investment-banking jobs in Asia Pacific
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Goldman Sachs Beats First Quarter Earnings Expectations: The US bank has apparently overcome a phase of weakness. Goldman Sachs beats first-quarter earnings ...
faz.net/aktuell/finanzen/goldman-sachs-schlaegt-gewinnerwartungen-im-ersten-quartal-19655334.html
Goldman Sachs Beats First Quarter Earnings Expectations
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Wall Street is watching the Fed 'way too much,' Bank of America's CEO says: Brian Moynihan said the Federal Reserves interest rate hikes have been a “huge ...
qz.com/bank-of-america-brian-moynihan-federal-reserve-rates-1851415600
Wall Street is watching the Fed 'way too much,' Bank of America's CEO says
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Massive Mint Museum artwork set for restoration, thanks to Bank of America grant: Mint Museum Uptown in Charlotte NC gets Bank of America Art Conservation ...
charlotteobserver.com/entertainment/article287787500.html
Massive Mint Museum artwork set for restoration, thanks to Bank of America ...
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Experts' favorites: These are the stocks and ETFs fund managers are currently particularly keen on investing in
boerse-online.de/nachrichten/aktien/lieblinge-der-experten-auf-diese-aktien-und-etfs-setzen-fondsmanager-aktuell-besonders-gern-20355486.html
Experts' favorites: These are the stocks and ETFs fund managers are ...
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Volatility uncorked as U.S. solo surge unleashes dollar: An almost eerie period of low financial market volatility appears to be ending
theglobeandmail.com/investing/article-volatility-uncorked-as-us-solo-surge-unleashes-dollar/
Volatility uncorked as U.S. solo surge unleashes dollar
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Boeing Max groundings swing United to a loss; Bank of America's profit declines: United Air earnings hit by Max groundings
postandcourier.com/boeing-max-groundings-swing-united-to-a-loss-bank-of-americas-profit-declines/article_f62da848-fbfe-11ee-af50-2754121183f9.html
Boeing Max groundings swing United to a loss; Bank of America's profit ...
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Brazilian Stocks Continue Downward Amid Fiscal Revisions and Global Tensions: For the fifth consecutive session, the Brazilian stock market recorded a decline ...
riotimesonline.com/brazilian-stocks-continue-downward-amid-fiscal-revisions-and-global-tensions/
Brazilian Stocks Continue Downward Amid Fiscal Revisions and Global ...
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Nike: Now at the top of the Dow after strong setbacks: Nike Stock Rises After Bank of America Upgrade to Buy and Positive Market Outlook.
deraktionaer.de/artikel/aktien/nike-nach-starken-ruecksetzern-jetzt-an-dow-spitze-20355016.html
Nike: Now at the top of the Dow after strong setbacks
Quick Glance: Nike CEO Acknowledges Shift from Direct Sales Focus
  • Nike CEO John Donahoe acknowledged that the company deviated too far from wholesale partners like Macy's and DSW in its pursuit of primarily selling products through its own stores and website.

  • Over recent years, Nike has actively worked on restructuring its business model. Initially focused on selling sneakers and clothing in department stores and specialty shops, the brand now generates the majority of its revenue through direct-to-consumer sales.

  • This transition enabled Nike to significantly increase revenue and enhance customer insights through data analysis. Donahoe stated that Nike has tripled its mobile and digital business in the past four years.

  • Some analysts view Nike's avoidance of wholesale partners as a misstep that hindered the company's progress in innovation and product development.