News

AI could help Bank of America respond to more municipal bond requests and expand public finance coverage without adding staff.

Lennar’s (LEN) asset-light strategy was intended to make the homebuilder more nimble. Bank of America also said it might complicate the earnings story. The brokerage restated its Underperform rating on Lennar, cutting its price target to $77 from $84 and reducing its profit projections after the ...

Shares of large U.S. banks outperformed the market on Wednesday, with some hitting records, as investors awaited the first Federal Open Market Committee meeting of Kevin Warsh’s Fed chairmanship. Investment banks Goldman Sachs and Morgan Stanley also rallied and hit records, according to FactSet and Dow Jones Market Data. Traders widely expect the Fed will keep the benchmark federal-funds rate target unchanged at a range of 3.50% to 3.75%.

Every month, Bank of America surveys some of the world's largest institutional investors to build a picture of how professional money managers see the global economy. The latest edition of that survey landed with a specific number that stood out: Equity allocations had jumped to 50% overweight from ...

Nomura's trading and investment-banking revenue is rising sharply, driven mainly by equity products.

Price target changes around Bank of America have ranged from cuts of US$3 to US$10 to increases of US$1 to US$6, even as a central fair value estimate holds steady at about US$63.16. These mixed moves reflect analysts revisiting earnings assumptions, valuation frameworks, and execution risk, with some large firms turning more cautious while others see enough earnings power and capital strength to support higher targets. As you read on, you will see how to interpret these shifting signals and...

C's credit card delinquencies improved in May, but rising net charge-offs highlight mixed trends in its consumer credit performance.

If you are wondering whether Bank of America stock still offers value after a strong run, this article focuses squarely on what the current price might be asking you to pay. Bank of America recently closed at US$56.84, with returns of 4.4% over 7 days, 14.2% over 30 days, 1.6% year to date, 31.3% over 1 year, 112.2% over 3 years and 60.7% over 5 years. These figures naturally raise questions about growth potential and shifting risk perceptions. Recent coverage has highlighted how large U.S...

(Bloomberg) -- US consumers ramped up spending in May across a broad range of retailers, signaling households powered ahead despite higher gasoline prices.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealThe value of retail purchases rose 0.

JPMorgan's Chase plans a wider European push by 2030, aiming to turn digital banking traction in the U.K. and Germany into a long-term retail bet.

Alongside fellow financial giant UBS, Bank of America has forged a spot on the Investor's Business Daily Breakout Stocks Index. BofA stock has also jumped into a new buy zone as UBS does the same. In tandem with that move, both banking stocks continue to flash clears signs of demand.

Chipotle’s (CMG) biggest stock-market problem may not be burritos, menu prices or slowing comparable sales. It might be investor skepticism. Bank of America thinks the restaurant business is demonstrating a demand pattern that might be significant for the beaten-down growth brands, including ...

A number of stocks fell in the afternoon session as investors rotated from the high-multiple growth names that led the recent rally.

A number of stocks fell in the afternoon session after investors rotated from the high-multiple growth names that led the recent rally.

Shares of Intel (NASDAQ:INTC) are down 7% at midday on Tuesday, while Advanced Micro Devices (NASDAQ:AMD) stock is sliding 6%. The pullback comes after a torrid multi-session rally in both names. Intel stock closed yesterday at $127.86, having climbed 18% over the past month. AMD stock ended Monday at $547.26, an all-time high. No fresh ... Intel Tumbles 7% Despite BoA Double Upgrade, AMD Slides 6% as AI Infrastructure Deal Can’t Stop Profit-Taking

The world’s biggest investors are still buying stocks, even as the U.S.-Iran war keeps inflation risks high.

C shares trading near a 17-year high as restructuring progress, AI-led initiatives and buybacks fuel momentum.

Investing.com -- Investor sentiment has surged to near-peak levels but has not yet reached the threshold that historically signals a major market top, according to Bank of America's latest Global Fund Manager Survey.

(Bloomberg) -- The boom in artificial-intelligence stocks looks set to run further, according to a Bank of America Corp. survey, which found the majority of investors believe that the fear of missing out is continuing to drive the trade.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at

(Bloomberg) -- STMicroelectronics NV is looking to raise $1.5 billion from selling debt that can be exchanged into equity after the chipmaker’s shares tripled in value so far this year. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies Over How Easy It Is to Reopen Horm

Williams-Sonoma (WSM) stock is back in focus after Bank of America reinitiated coverage with a positive view on the retailer’s role as an affordable luxury brand that serves a relatively steady customer base. See our latest analysis for Williams-Sonoma. The recent Bank of America commentary appears to have coincided with strong momentum in Williams-Sonoma’s share price, with a 7 day share price return of 10.27% and a 30 day share price return of 32.41%, while the 1 year total shareholder...

(Bloomberg) -- Taxi-hailing app provider Go Inc.’s shares advanced 10% in its trading debut on the Tokyo Stock Exchange on Tuesday, helping to support investor sentiment after the nation’s largest initial public offering so far this year. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS a

(Bloomberg) -- Chinese property stocks have slid back to levels seen before a raft of stimulus measures from the authorities in September 2024 drove a market turnaround, underscoring lingering pessimism over the sector. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies

Bank of America (NYSE:BAC) is rolling out a nationwide "Scaminars" program, with 1,000 in-person events scheduled across the US through 2026. The seminars focus on helping older adults recognize and avoid scams and financial fraud. The bank is using more than 50 AI-powered fraud detection systems alongside large scale consumer education to support the effort. For a large retail bank like Bank of America, elder financial fraud is both a client risk and a reputational issue. This "Scaminars"...

TeraWulf (NASDQ:WULF) shares rose 8% after Bank of America initiated coverage of the company with a Buy rating and a $34 price objective, citing its transition from bitcoin mining to AI-focused high-performance computing infrastructure as a key value driver. Analysts said TeraWulf is...

Becton, Dickinson and Company (NYSE:BDX) is included among the Top 10 Income Stocks with the Highest Upside Potential. On June 12, BofA lowered its price recommendation on Becton, Dickinson and Company (NYSE:BDX) to $170 from $177. It reiterated a Neutral rating on the shares. The analyst noted that the firm’s services team continues to observe […]

Data from Bank of America show that despite all the pressures heaped on consumers after years of inflation, they’re still spending on a variety of things, not just essentials.

Buffett famously refuses to pay a dividend on Berkshire Hathaway because he can compound your cash better than you can. The VistaShares Target 15 Berkshire Select Income ETF (NYSEARCA:OMAH) disagrees, politely. OMAH holds a Berkshire-style basket of value names and overlays an options strategy designed to push out a 15% annual distribution, paid monthly. You ... The 15% Yield ETF That Steals Warren Buffett’s Playbook

Warren Buffett stepped down as CEO of Berkshire Hathaway (NYSE: BRK-B) on December 31, 2025, after six decades leading the conglomerate he transformed from a struggling textile mill into a $1 trillion empire. The “Oracle of Omaha” left his successor, Greg Abel, with a very concentrated portfolio: 70% of Berkshire’s $381 billion portfolio is invested in ... After Warren Buffett’s Successor’s Q1 Purge, Just 4 Stocks Make Up Over 50% of Berkshire Hathaway

Bank of America CEO Brian Moynihan is one of few people who really know in real time how Americans are contending with rising inflation and high gas prices.