Investing.com -- Bank of America reinstated coverage of Figma with a Buy rating and a $30 price target on Tuesday, arguing that fears over generative AI disrupting the design software company have been overdone and that the stock's 85% decline from its 52-week high presents an attractive entry point.
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(Bloomberg) -- Standard Nuclear Inc., a maker of fuel for nuclear reactors, is seeking to raise as much as $383 million in a US initial public offering.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million in BribesThe
Investing.com -- Bank of America on Tuesday reinstated coverage of Adobe with an Underperform rating and a $190 price objective, arguing that generative AI is eroding the software maker’s competitive position even though its stock trades near the bottom of its historical valuation range.
(Bloomberg) -- With the dust settling on another World Cup squabble, one thing is already clear: FIFA boss Gianni Infantino is looking stronger than ever. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Official to Death Over $325 Million in BribesT
Large lenders explore acquisition of payments infrastructureFiserv (NASDAQ:FISV) has been in discussions with several leading US banks, including JPMorgan (NYSE:JPM) and Bank of America (NYSE:BAC), regarding the possible sale of its debit payments network business, according to a source familiar with the matter. The proposed transaction comes as the financial technology group continues efforts to improve performance following a challenging period that included a sharp decline in its market valua
We recently published Jim Cramer’s Biggest Losers: 10 Stocks That Just Didn’t Work Out. Bank Of America Corp (NYSE:BAC) is one of the stocks discussed by Jim Cramer. Banking giant Bank Of America Corp (NYSE:BAC)’s shares are up by 20.7% over the past year and by 5% year-to-date. Citi discussed the firm on June 23rd […]
(Bloomberg) -- SpaceX is winning early backing from Wall Street as global brokerages launch coverage of Elon Musk’s rocket and artificial intelligence company with a clear consensus: buy the stock.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulTwo Millennium Trading Pods Made About $3.7 Billion Last MonthSaudis Slash Main Oil Price to Rare Discount as Market DivesChina Sentences Offi
Bank of America stock reacts to sector rally and earnings optimism Bank of America (BAC) shares pushed to a record high on July 6, gaining 2% as investors responded to a sector wide rally in large banks ahead of the June quarter earnings season. The move comes as Q2 earnings estimates for Bank of America have been revised higher in recent months, with expectations tied to core banking and trading performance in a backdrop of higher interest rates that currently supports sentiment toward large...
(Bloomberg) -- Syntiant Corp., a company making semiconductors and software for artificial intelligence, filed for an initial public offering to tap investors’ enthusiasm for the technology. Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsSaudis Slash Main Oil Price to Rare Discount as Market DivesTwo Millennium Trading Po
Bank of America stock reached a record high on Monday, rising 2% to $59.90 amid a broader rally in bank stocks.
(Bloomberg) -- Global traders have turned the most positive on the outlook for the dollar since 2015 as bets that borrowing costs will remain elevated for longer have fueled a monthlong rally in the US currency.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaMicrosoft’s Xbox to Cut 3,200 Jobs, Divest Five Studios in Major OverhaulOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsSaudis Sl
Big Bank stocks should see investment banking and trading revenues exceed prior guidance, JPMorgan said Monday ahead of the group's earnings next week. The firm also raised price targets for major bank stocks like Citigroup.
Savita Subramanian, head of U.S. equity and quantitative strategy for BofA, doesn’t see “any reason to continue to buy Magnificent Seven or megacap tech stocks that are the capex spenders.”
Bank of America Makes Its Biggest Astera Labs Stock Call Yet With Street-High Target
Investing.com -- Bank of America on Monday upgraded T-Mobile U.S. to Buy from Neutral, reflecting a view that the market is overreacting to concerns about low-earth-orbit (LEO) satellite competition, with T-Mobile carrying the lowest exposure to that threat among major U.S. carriers.
Bank of America just dropped its highest-conviction stock picks for Q3 2026, and four names on the list combine serious dividend income with double-digit upside targets that caught our attention. Here is what the analysts are betting on before summer ends.
(Bloomberg) -- Csquare Inc., a data center company backed by Brookfield Corp., is seeking to raise as much as $1.35 billion in a US initial public offering.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutThe company is
(Bloomberg) -- SK Hynix Inc. kicked off its formal marketing process for its US listing on Monday, as the South Korean chipmaker looks to capitalize on surging investor demand for the high-flying memory-chip sector.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, T
JPM, BAC, C and WFC kick off Q2 bank earnings on July 14 as rising estimates and loan growth keep investors focused on the reporting season.
BofA analysts said that they see better visibility of continued profit and growth from price increases and new features.
Savita Subramanian, head of U.S. equity and quantitative strategy for BofA, doesn’t see “any reason to continue to buy Magnificent Seven or megacap tech stocks that are the capex spenders.”
(Bloomberg) -- Asia’s loan market is heading into the second half of the year with little sign of a rebound, according to bankers, as the fallout from the Iran war continues to suppress confidence among lenders and borrowers.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US Sanction
Bank of America reaffirmed its year-end price target of 7,100 for the S&P 500, representing a 5% drop from the week's closing level.
A BofA Securities analyst says that Homebuilder stocks lagged the broader market in the first half of 2026, according to the firm’s midyear report. The S&P Composite 1500 Homebuilding Index gained about 6% through June 30, trailing the 9% advance...
Delta Air Lines (DAL) is set to provide investors with their first major hint as to whether higher airfares are still holding. That’s important since airline stocks have been squeezed by two competing pressures in 2026. Unpredictable fuel prices have offset strong travel demand. Now Bank of America ...
Investing.com -- SK Hynix is considering paying banks underwriting its planned U.S. listing a fee of about 0.5% of the offering proceeds, Bloomberg reported on Saturday, as the South Korean memory chipmaker prepares what could become one of the largest share sales ever.
Couples are spending significantly more to get married in 2026 as tariffs and inflation push up the cost of everything from flowers to catering, according to a new report released this week by Bank of America Institute. Wedding-related spending rose...