News — AI supercycle headlines

USA TODAY1d agobearish

Bank of America agrees to $2.25 million settlement in ATM fee lawsuit

Bank of America has agreed to a $2.25 million settlement to resolve a class-action lawsuit over fees charged at ATMs in 7-Eleven stores.

Investing.com11d agobearish

BellRing gets a string of downgrades after ’thesis-changing results and outlook’

Investing.com -- BellRing Brands was hit with a wave of analyst downgrades after the protein shake maker reported second-quarter results that included a sizable earnings miss and slashed its full-year EBITDA outlook by roughly 25%, sending shares down nearly 40% on Tuesday.

Bloomberg11d agobearish

Strategy Survives Another Bitcoin Crash With More Alchemy

(Bloomberg) -- Michael Saylor’s Bitcoin accumulation firm Strategy Inc. has survived yet another crypto market meltdown with some fresh financial engineering. Most Read from BloombergUS Has Opened a Passage Through Hormuz, Central Command SaysAnthropic Unveils AI Agents to Field Financial Services TasksWhite House Weighs AI Working Group, Model Testing, NYT ReportsChina’s Rare Sanctions Pushback Leaves Banks Caught in CrossfireUS and Iran Trade Fire in Gulf, Jolting Four-Week-Old TruceThe outloo

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TheStreet14d agobearish

Bank of America drops stunning take on the economy

The U.S. economy might be stronger than it feels at this point. According to Seeking Alpha reporting, Bank of America strategist Michael Hartnett argues that the country is caught in a nominal “boom loop.” At the same time, he predicts U.S. GDP will climb nearly 75% from the pandemic low by 2027. ...

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