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(Bloomberg) -- Apnimed Inc., a late-stage drug developer focused on sleep apnea rose 6.3% on Friday after raising $192 million in an upsized US initial public offering.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle Ea

(Bloomberg) -- Bond traders are paying the highest premiums since March to protect against a further climb in longer-dated yields, as the fallout from this week’s Federal Reserve policy meeting continues to ripple through the rates market. Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryChip Stocks Post Biggest Advance Since April 2025

(Bloomberg) -- The US Treasury is exploring bringing some of its cash pile into the roughly $13 trillion market for repurchase agreements, reviving a two-decade old idea and sparking a debate around its potential to reshape a key part of the financial system’s plumbing. Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesAnthropic AI Models Hacked Three Organizations During TestsMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryChip Stocks Post B

Does JPM's rising 2026 NII outlook, diversified revenues and solid capital base make it well suited for the Fed's higher-for-longer rate stance? Let's find out.

The role of the advisor is becoming increasingly central as Great Wealth Transfer inheritors increase allocations to assets like crypto and private equity.

(Bloomberg) -- China’s factory activity unexpectedly contracted for the first time in five months, adding to signs of slowing economic momentum. Most Read from BloombergChip Stocks Post Biggest Advance Since April 2025: Markets WrapUS Strikes Iran Again as Conflict Spreads Across Middle EastBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionMicrosoft’s $450 Billion Jump Is Biggest in Stock Market HistoryThe official manufactur

(Bloomberg) -- He was hailed as the “Nostradamus” of AI — a young oracle with bold prophecy for the future.Most Read from BloombergUS Strikes Iran Again as Conflict Spreads Across Middle EastChip Stocks Post Biggest Advance Since April 2025: Markets WrapBond Yields at 19-Year High Send Warsh Credibility WarningWarner Bros. Deal Collapse Would Cost the Ellisons $9.8 BillionMeta Falls After Defending AI Bets to Skeptical Investors“Before long, the world will wake up,” Leopold Aschenbrenner, tech-s

Bank of America plans to acquire England-based cybersecurity firm MDSec, marking the lender’s first acquisition in five years.

Bank of America said on Thursday it plans to acquire ‌information security firm MDSec Consulting Ltd, ‌as it bolsters its capabilities against cyber attacks. The ​deal is expected to be completed during the fourth quarter of 2026 following regulatory approval, the second-biggest U.S. lender said in a ‌statement. Companies worldwide are grappling with a surge in ⁠AI-driven cyberattacks and ransomware that steal sensitive data and disrupt operations.

The 14-person team, formerly known as the Boston North Shore Group, serves a mix of wealthy retail and institutional clients.

Chevron is benefiting from higher oil prices while pursuing new growth opportunities in Iraq, Venezuela, Argentina, and power generation for AI data centers.

(Bloomberg) -- It had been just six weeks since Federal Reserve Chairman Kevin Warsh vowed to reestablish the central bank’s reputation as an inflation fighter. But as he took to the podium to explain why the Fed again sat on the fence Wednesday — and held interest rates steady even as consumer prices keep rising far faster than its target, month after month — Wall Street analysts found the message far from reassuring.Most Read from BloombergUS Strikes Iran Again as Conflict Spreads Across Middl

Big U.S. banks delivered strong Q2 earnings, fueled by robust trading, lending and investment banking activity. Here are the financial ETFs poised to benefit.

Wall Street looks pricey as AI, rate and valuation risks build up. These four ETFs could help investors stay defensive without exiting the market.

These millennial millionaires might be onto something.

Bank of America stock has more than doubled over the past three years, yet current valuation checks still point to a discount relative to an intrinsic value estimate based on the Excess Returns model and to what earnings multiples imply. The share price has returned 111.1% over three years, which puts fresh focus on whether recent gains already reflect the underlying value of Bank of America. AI adoption across its operations and client services can support expectations for profitability,...

Cigna Group will report its earnings on Thursday under its new chief executive, Brian Evanko. It’s transitioning its pharmacy benefits business to a rebate-free model.

Consistent execution is earning Coca-Cola a richer multiple

Goldman’s stock, which fell 4.6%, was on track for its worst performance in two months. Morgan Stanley, JPMorgan, and Bank of America—all of which hit records this month, too—dropped 3.4%, 2.3%, and 1.2%, respectively on Wednesday. Citi was down 3.3%, and Wells Fargo dropped 2%.

Investing.com -- Shares of L’Oréal SA jumped over 4% on Thursday, a day after the world’s largest beauty group reported second-quarter organic sales growth that beat both consensus and BofA Securities’ estimates, alongside a record first-half operating margin.

Bank of America and American Express both crushed Q2 earnings, but the market rewarded only one of them while punishing the other. The gap between their stories reveals something important about where financial stocks are actually headed.

JPM plans a 10% dividend hike and authorizes a new $50 billion buyback, led by record earnings, excess capital and a resilient balance sheet.

Loans backed by public securities are popular among the rich, but those with illiquid, hard-to-value assets often turn to specialty lenders.

Fortinet has outperformed the broader market over the past year, but analysts are cautious about the stock’s prospects.

As the Q2 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the diversified banks industry, including Bank of America (NYSE:BAC) and its peers.

(Bloomberg) -- On the eve of the Federal Reserve’s policy decision, bond traders are on edge. While most expect policymakers to leave interest rates unchanged, prominent voices across Wall Street are putting their weight behind a hike in just the second meeting run by new Chairman Kevin Warsh. Most Read from BloombergChip Rout Deepens on Circular Funding, China Competition FearsNvidia’s $750 Billion in Deals Reignite Circular AI FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeAppl

Honeywell International Inc (NYSE:HON, XETRA:ALD) was upgraded to ‘Neutral’ from ‘Underperform’ by Bank of America, which raised its price objective to $265 from $220, above current levels of $247, following a second quarter performance that exceeded expectations and improved visibility into the...

(Bloomberg) -- Two months after Ford Motor Co. became the latest old-economy manufacturer to be swept up in the artificial-intelligence rally, investors are looking for proof the enthusiasm was justified. Most Read from BloombergNvidia’s $750 Billion in Deals Reignite Circular AI FearsChip Rout Deepens on Circular Funding, China Competition FearsCitadel Securities Sees Warsh Delivering Surprise Fed HikeDeepSeek Suspends Fundraising After Viral US-China PostsS&P 500 Wobbles as AI Angst Offsets Oi

Jefferies just named five U.S. dividend stocks to its exclusive Global Best Ideas list, and with the S&P 500 stretched to historically expensive valuations, the case for these high-conviction picks has never been more urgent.

Investing.com -- Bank of America expects the Federal Reserve to hold interest rates at its July meeting, and warned in a note on Tuesday that a surprise hike would break with decades of precedent.