Bank of America
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Global investors' equity holdings have risen to a near five-year high, with little pessimism left, according to a Bank of America survey.
Global investors' equity holdings have risen to a near five-year high, with little pessimism left, according to a Bank of America survey.
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Goldman Sachs analyst Ankush Gupta: Gold's "short squeeze" enters its second phase, with macro and technical factors resonating to support upward price movement, $4,500 becoming a key resistance.
Goldman Sachs analyst Ankush Gupta noted that the gold market's "short squeeze" is evolving into a more sustainable upward structure, with macro signals and technical factors resonating in sync, provi
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Bank of America Projects Micron's Earnings to Grow 34% Annually Through Fiscal 2030, Driven by AI Memory Demand
Bank of America Global Research forecasts Micron Technology's earnings per share (EPS) to reach $236 by fiscal 2030, representing a 34% annual growth rate. The bank believes the market is underestimat
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Bank of America Launches Cutting-Edge AI Tracker: Anthropic's Claude Opus 5 Tops Smart Ranking, AI Token Prices Down 9% Monthly Due to OpenAI Price Cuts
Bank of America has released its first Frontier AI Tracker, designed to monitor the intelligence level, usage, token prices, and hardware costs of AI models. Data shows that Anthropic's Claude Opus 5
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Bank of America Raises Nebius (NBIS) Price Target to $310 From $280, Maintains Buy Rating After Q2 Revenue Surges 454%
Bank of America analyst Tal Liani increased the price target for Nebius Group (NBIS) to $310 from $280, while reiterating a Buy rating. This adjustment follows Nebius's strong Q2 earnings report, whic
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Bank of America strategist Hartnett believes that a Republican victory in the Senate elections would drive further stock market gains.
Bank of America strategist Hartnett believes that a Republican victory in the Senate elections would drive further stock market gains.
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Bank of America reiterates "Buy" rating and $140 price target for CoreWeave, raises sales forecast but lowers earnings expectations.
Bank of America (BofA) reiterated its "buy" rating and $140 price target on CoreWeave (CRWV) stock, implying a 30% upside even after the stock's after-hours gain, following the company's strong Q2 202
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Bank of America: AI Boom Is Increasingly Driving Foreign-Exchange Market Through Tech M&A Inflows
Bank of America's global rates and currencies team reported that a rising share of G10 economies' M&A inflows are concentrated in tech, aligning with countries expected to benefit from structural AI t
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BofA Raises 2030 Server CPU Market Forecast to Over $210 Billion from $170 Billion, Driven by AI Agents
Bank of America (BofA) has increased its 2030 server CPU market forecast, now expecting it to exceed $210 billion, up from the previous estimate of $170 billion. This revised projection is nearly five
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According to the latest research by Bank of America analysts, NVIDIA has committed to providing $70 billion in equity investments to ecosystem partners such as OpenAI and Anthropic.
According to the latest research by Bank of America analyst Vivek Arya, NVIDIA has committed $70 billion in equity investments to its ecosystem partners. Recent investments include $30 billion in Open
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Bank of America Plans to Deploy $250 Billion to Boost US AI and Energy Infrastructure
The bank's initiative will involve lending, investing, capital markets, banking, and advisory work to support a new wave of infrastructure investment in data centers, energy, and critical minerals, po
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Markets anticipate a modest increase in the U.S. July CPI month-over-month, with core CPI month-over-month projected at 0.2%.
The U.S. Bureau of Labor Statistics will release its July Consumer Price Index (CPI) report on Wednesday. The market generally expects the July overall CPI to increase by only 0.1% month-over-month, w
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Bank of America reiterates Buy rating on Onsemi (ON) but slashes price target to $120 from $138, despite the chipmaker reporting Q2 sales and profit surge
Bank of America analyst Vivek Arya maintained a "Buy" rating on Onsemi but lowered the firm's price objective, citing a lower valuation multiple (20 times estimated 2028 earnings, down from 32 times 2
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Bank of America warns that S&P 500 earnings growth could slow down in 2027, with Q1 growth expected to be below 20% and full-year growth dropping to around 15%.
Bank of America warns that S&P 500 earnings growth may slow in 2027, with Q1 growth expected to be below 20% and full-year growth dropping to around 15%. Previously, S&P 500 earnings per share (EPS) g
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Older Americans' labor participation drops to 36.9% in July, fueled by stock market boom
Bank of America economists report that labor participation among people aged 55 and above has fallen to 36.9% in July from over 40% pre-pandemic. They attribute this accelerated early retirement trend
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Bank of America Warns Federal Reserve Communication Ambiguity Increases Economic Risks, Forecasts 75 Basis Point Rate Hike in 2026
Bank of America economists Aditya Bhave and Mark Cabana stated in a report that Federal Reserve Chairman Kevin Warsh's communication after the July 29 meeting was too vague and lacked clear guidance o
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Bank of America reiterates Buy rating and maintains $380 price target for Apple, citing App Store AI app revenue growth
Bank of America analyst Wamsi Mohan reiterated his Buy rating on Apple and kept his $380 price target unchanged. The target represents approximately 23% upside from Apple's closing price of $309.38 on
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Joe Quinlan, Head of Market Strategy at Merrill and Bank of America, stated that despite weak July employment data, the US economy remains resilient, and he continues to be optimistic about US equities due to ongoing AI-related investments.
Joe Quinlan, Head of Market Strategy at Merrill and Bank of America, stated that despite weak July employment data, the US economy remains resilient, and he continues to be optimistic about US equitie
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Bank of America still expects the Fed to raise rates by 75 basis points this year, starting in September, despite weaker July jobs data showing payrolls fell 23,000.
Bank of America still expects the Fed to raise rates by 75 basis points this year, starting in September, despite weaker July jobs data showing payrolls fell 23,000. The bank noted that prior months'
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Bank of America warns investor optimism has reached its most extreme level since 2021, with its Bull & Bear indicator jumping to 9.7, recommending rotating toward defensive assets, bonds and
Bank of America warns investor optimism has reached its most extreme level since 2021, with its Bull & Bear indicator jumping to 9.7, recommending rotating toward defensive assets, bonds and the US do
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BofA Report: For the First Time in the ChatGPT Era, "Tech Magnificent Seven" Earnings Reports Collectively Exceeded Implied Volatility, and US Stock Divergence Hit a Near 35-Year High
Bank of America's equity derivatives team reported that since the advent of ChatGPT, six of the "Tech Magnificent Seven" have released their latest earnings reports. For the first time, their actual p
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Bank of America: Lower-Income Jobs and Wages Outpaced Higher Earners in July, Signaling Shift Beyond 'K-Shaped' Economy
Bank of America reports that lower-income households saw 3% year-over-year job growth in July, compared to 1% for higher-income workers. Additionally, after-tax wage growth for lower-income households
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Bank of America downplays China's threat to Micron's AI business, reiterating Buy rating and $1,550 price target
Bank of America (BofA) analyst Vivek Arya reiterated a Buy rating on Micron Technology (MU) on August 3rd, maintaining a $1,550 price objective, after Micron shares dropped in late July following a Ch
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Bank of America (BofA) raised its 2027 uranium price forecast to $130/lb, implying ~52% upside from current spot prices, citing tight supply and growing nuclear investment.
BofA's bullish outlook is driven by tight supply, lower utility contract coverage (48% vs. 56% last year), and increasing global nuclear investment. Notably, U.S. plans include 400GW nuclear capacity
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Bank of America Macro Traders Avoid Big Bets After Market Volatility
Bank of America Macro Traders Avoid Big Bets After Market Volatility
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U.S. Senator Warren calls on the Department of Justice to launch a criminal investigation into Bank of America after the bank admitted to violating anti-money laundering laws.
U.S. Senator Elizabeth Warren sent a letter to the Department of Justice, demanding a criminal investigation into Bank of America and its executives. This follows Bank of America's admission to delibe
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Investors pulled $18.5 billion from US stocks in two weeks, led by retail selling, Bank of America data shows.
Investors pulled $18.5 billion from US stocks in two weeks, with Bank of America clients selling a net $3.5 billion last week, following $15 billion in outflows the previous week. According to BofA an
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Bank of America warns customers not to share passwords with AI assistants
Bank of America is reminding customers not to share bank passwords with AI assistants, emphasizing that customers are responsible for activities resulting from AI assistant access. In an email to cust
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Investors' margin debt growth rate slows to 31.4% in September
Bank of America technical strategist Paul Ciana noted on Friday that FINRA data shows the annual growth rate of investors' margin debt for stock investments slowed significantly to 31.4% in September,
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Bank of America, Blackstone, Citi, Morgan Stanley, and Broadcom announced a landmark financing agreement valued at $63 billion.
Bank of America, Blackstone, Citi, Morgan Stanley, and Broadcom announced a landmark financing agreement valued at $63 billion.
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The Federal Reserve is expected to keep interest rates unchanged at this week's meeting
The Federal Reserve is expected to keep interest rates unchanged at this week's meeting, but some analysts warn that inaction could raise questions about its inflation-fighting credibility. Despite in
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Bank of America research reports that Red Sea shipping volumes have recovered to 65% of normal levels
Bank of America research reports that Red Sea shipping volumes have recovered to 65% of normal levels, up from 50% in September. However, tanker freight rates remain as high as $650,000 per day, and d
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Investors pour billions into bond market, anticipating yield peak
Despite a recent rout, investors are increasingly finding opportunities in the U.S. bond market, with Bank of America's Michael Hartnett declaring the Treasury market's "price is right" after its wors
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BofA's Hartnett sees risk-off mood lasting until mid-November, citing AI trade jitters and US midterm elections
Bank of America Corp.'s Michael Hartnett predicts that investors' risk-off sentiment will likely persist until mid-November. He attributes this to ongoing jitters surrounding the artificial intelligen
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Wealthy Chinese are moving offshore funds to U.S. banks in response to Beijing's tightening scrutiny on overseas wealth for tax purposes.
Wealthy Chinese clients are increasingly seeking to open bank accounts in the United States, according to private bankers and lawyers. This surge in demand follows the Chinese government's retroactive
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Bank of America Report: Wall Street Banks Flood Hong Kong Dim Sum Bond Market, Issuance Surges 68% to RMB 774 Billion
According to a BofA Global Research report, Hong Kong's offshore RMB bond market is becoming an increasingly important funding source for global banks, with Bank of America being a major driver of the
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Bank of America raised its price target for SpaceX from $235 to $275 and reiterated a "Buy" rating.
Bank of America Securities analyst Ronald Epstein reiterated a "Buy" rating on SpaceX after the company's Q3 results exceeded expectations and strengthened its 2027 outlook. SpaceX completed 35 launch
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Bank of America Still Expects Fed Rate Hike on October 28
Bank of America maintains its forecast for a Fed rate hike on October 28, despite markets pricing in only a 20% probability. The bank warns that persistent inflation and strong economic activity could
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Investors are buying up vast tracts of U.S. timberland in one of market's longest-term bets, but it can be a profit trap with low short-term returns.
Institutional investors, including pension funds, are acquiring U.S. timberland at a rate of one million acres per year, according to Bank of America, viewing it as a strategic long-term investment. H
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Bank of America warns AI investment boom shows signs of classic capital-cycle risk, with hyperscaler capex expectations jumping to $1 trillion and AI token prices falling 50% since summer.
Bank of America warns that the AI investment boom is showing signs of a classic capital-cycle risk: surging spending, intensifying competition and falling prices. Hyperscaler capital expenditure expec
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BofA's Hartnett team advises "still favoring safety," as US Treasuries see their longest inflow streak since August 2024.
Bank of America strategists led by Michael Hartnett stated that they "remain risk-off" in the coming weeks, citing rising real yields, the price action of AI and bank stocks, and potential market vola
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Bank of America warns of AI bubble burst signals: US stocks and Treasury yields may fall in tandem
Bank of America's derivatives team noted in their latest report that when the AI bubble bursts, the market will behave differently from recent months, with both stocks and US Treasury yields falling s
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Bank of America CEO says it hired 1,000 contractors and spent hundreds of millions of dollars to fix software vulnerabilities exposed by AI.
Bank of America CEO Brian Moynihan said Wednesday that the bank has hired 1,000 external contractors to patch software vulnerabilities exposed by advanced AI models like Anthropic's Mythos, spending "
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Bank of America CEO Moynihan Responds to $1.2 Billion Fine: Company Takes It Seriously, Already Included in Cost Baseline
Bank of America CEO Brian Moynihan commented on the US government's $1.2 billion fine against the company. He stated that the bank takes these fines seriously and has internal accountability. He added
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Wall Street Worries Bank of America's Problems May Linger
After weak earnings and a fine, analysts are pressing Bank of America executives about whether the bank faces further issues.
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Bank of America Loses $30 Billion in Market Cap Amid Exposure of Years-Long Compliance Lapses
Bank of America Corp. saw $30 billion wiped from its market value due to its failure to adequately report suspicious transactions for years, Bloomberg Markets reported. This came after regulators push
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Bank of America's Q3 Profit Slips Due to Regulatory Settlement, Morgan Stanley's Profit and Revenue Climb
Bank of America's third-quarter profit fell due to regulatory settlements, while Morgan Stanley's overall profit and revenue increased.
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Bank of America's profits drop 17% after $1.2bn money laundering fine
Bank of America, the second-largest US bank, reported a 17% drop in profits following a $1.2 billion fine for money laundering failures. The bank also delivered a disappointing performance in its trad
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Bank of America
24H Trending
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The 10-year U.S. Treasury yield is down approximately 8 basis points from its previous close, currently at 4.96%.
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Google and Microsoft's Q3 capital expenditure falls short of estimates, raising concerns about AI build-out costs and delays
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Report: Hedge Funds Exit Bitcoin ETF Arbitrage Trades, Sovereign Wealth Funds and Retail Investors Step In
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New ECB staff estimates show bond yield rise cutting 2027-28 growth by a cumulative 100 BPS and inflation by 90 BPS vs Sept baseline.
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Iranian President Pezeshkian stated that Iran is ready to expand cooperation with Turkey to serve common interests and enhance regional security.
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Event prediction platform Kalshi completes $1 billion funding round, reaching a valuation of $40 billion, with non-sports revenue run rate exceeding $1 billion.
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Israel continues its attacks on Gaza, with the Gaza Ministry of Health stating that dozens have died while awaiting permission to leave, renewing calls to open the Rafah crossing.
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DBS Hong Kong to launch DBS Vantage Card, Hong Kong's first Visa Infinite Privilege Card
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Unlimit founder backs Phase blockchain with $45M as mainnet launches
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onXRP Team to Launch New Trading Method on XRP Ledger Next Week
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