Intel (NASDAQ:INTC) shares rose about 5% in premarket trading after Bank of America upgraded the stock twice, moving its rating from Underperform to Buy and increasing its price target to $135 from $96. The investment bank cited improving visibility around Intel’s server processor business and expanding opportunities within its external foundry operations as key reasons for the more optimistic outlook.
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Investing.com -- Bank of America has raised its 2030 server CPU total addressable market estimate to more than $170 billion from $125 billion, arguing that agentic AI is driving a near-fivefold expansion in CPU demand and lifting price objectives across several semiconductor names.
Investing.com -- Intel shares climbed about 5% in premarket trading after Bank of America double-upgraded the stock from Underperform to Buy and raised its price target to $135 from $96, driven by growing confidence in the company’s server CPU opportunity and its external foundry business.
Silicon Motion Technology Corporation (NASDAQ:SIMO) is one of the 10 Best Performing Growth Stocks So Far in 2026. On May 28, BofA increased its price target on Silicon Motion Technology Corporation (NASDAQ:SIMO) from $320 to $450 and maintained a Buy rating on the stock. The research firm revised its EPS forecasts, pointing to stronger sales […]
Mizuho cites demand for HAMR drives and cloud growth into 2028. What do the new estimates mean for investors?
Investing.com -- The Justice Department has issued subpoenas to several major U.S. banks, including JPMorgan Chase and Bank of America, requesting information about whether they improperly closed customer accounts for political reasons, according to a Wednesday report by the Wall Street Journal.
The U.S. Attorney’s Office in D.C. subpoenaed JPMorgan, Bank of America and others as part of a probe into alleged debanking.
(Bloomberg) -- SpaceX’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk-led rocket, satellite and artificial intelligence firm stopping taking orders.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Stocks Fall as US-Iran Tension Spurs Rally in Oil: Markets WrapUS Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopt
Robinhood revealed that it plans to expand in the white-hot IPO market as an underwriter, disrupting a field dominated by three financial giants. The IPO market has become a hotbed of activity, with several looming or confidential initial public offerings. Goldman Sachs, Morgan Stanley and Bank of America dominate the highly lucrative IPO underwriting market, capturing a portion of proceeds as underwriting fees in exchange for acting as gatekeepers to new companies coming public.
Bank of America (NYSE:BAC) is launching a large scale FIFA World Cup 2026 fan engagement campaign across U.S. host cities. The company plans to distribute 2 million custom collectible BofA Fan Bands and support Fan Festivals, Fan Zones, and mobile tours nationwide. This marks a new brand activation effort that extends beyond typical client offers or standard sponsorship activity for the bank. For a large U.S. consumer and commercial bank like Bank of America, brand presence and customer...
The Bank of America (NYSE:BAC) checklist of pre-peak warning signs is flashing at 70%, matching the rough average reading seen at the last seven major stock market tops over the past 35 years. That figure, attributed to Bank of America Global Research in a checklist recreated by SSR and circulated on X by @ThierryBorgeat, lands ... 70% of Stock Market Warning Signals Are Now Flashing. On June 16-17, Kevin Warsh Decides Where the Market Heads Next.
The BofA stock market warning has 7 of 10 bear market triggers flashing. One crypto gauge fired first. All eyes on the 7,100 line.
Citigroup's turnaround is shifting from repair to growth as AI gains, cost cuts, and stronger trading and IB outlooks support 2026.
In the current market environment, investors might be more interested in generating income rather than capital gains.
Key earnings-call focus areas include Oracle's data-center buildout, AI-related revenue recognition, and capital spending needs.
The stock market has been on a tremendous run, one that may simply be too good to last. Bank of America analysts agree, with Wall Street still heavily reliant on the turbulent AI trade. BofA isn’t calling for anything dramatic, but clearly, the easy part of the rally is over, with investors ...
There’s been a bit of a vibe shift since Nvidia CEO Jensen Huang tabbed Marvell as “next trillion-dollar company” just a week ago.
The much-awaited U.S. job market report is finally out for May, and while the result was stronger than expected, the headline number may not tell the whole story. The economy added 172,000 jobs last month, but the unemployment rate remained steady at 4.3%, according to the Bureau of Labor ...
ONEOK, Inc. (NYSE:OKE) is one of the best NYSE stocks to buy for long-term investment. BofA lifted the price target on ONEOK, Inc. (NYSE:OKE) to $96 from $94 on May 27 and maintained a Buy rating on the shares. It told investors in a fiscal Q1 earnings recap for the group that results from the midstream group […]
(Bloomberg) -- Friday’s technology-driven selloff was a “wake-up call” for investors, according to Wells Fargo & Co., which said it has highlighted the risks of piling into the artificial-intelligence trade.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’OpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000 H-1B Visa Application Fee Rejected by JudgeChina Preps $295 Billion P
(Bloomberg) -- SpaceX's initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm's debut gets closer.Most Read from BloombergHouse Republican Says Hegseth's D-Day Remarks 'Inappropriate'Stocks Pare Tech-Led Drop as Rotation Gains Speed: Markets WrapOpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race
(Bloomberg) -- SpaceX’s initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm’s debut gets closer.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’OpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000
Morning Brief Host Julie Hyman welcomes Yahoo Finance Breaking News Reporter Jake Conley and Opening Media CEO Phil Rosen to the show to discuss how to play the market rebound following Friday’s chip-stock sell-off and quick V-shaped rebound.
"Bear market signposts" should tell investors to take profits, according to Bank of America.
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: more than 65% of Berkshire’s $381 billion portfolio is ... Why a Passive Income Portfolio With 5 of Warren Buffett’s Highest Yielding Stocks Is Genius
The 40-year Bank of America veteran retired from that bank in 2023 as vice chair of global strategy. She unquestionably ranked among the top women banking execs in the late 2010s and early 2020s.