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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
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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/
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/
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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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
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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/
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
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
'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
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/
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
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
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
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
Bank of America: Seize The Opportunity Before It's Gone: Bank of America is confident of reaching a bottom in its net interest income in Q2 ...
seekingalpha.com/article/4684380-bank-of-america-seize-the-opportunity-before-its-gone
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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
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
The luxury sector is gearing up for a new earnings season: Here’s what to expect
english.elpais.com/economy-and-business/2024-04-17/the-luxury-sector-is-gearing-up-for-a-new-earnings-season-heres-what-to-expect.html
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/
The Power Of Cardlytics' Data Partnerships Including Bank of America: I believe that Cardlytics is too cheap at the current price mark. Read more to see an ...
seekingalpha.com/article/4684193-cardlytics-stock-data-partnerships-including-bank-of-america
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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
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/
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
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.
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