News

Micron Gets Major Wall Street Vote of Confidence

Capital One is due to report after Tuesday’s close. The bank’s vast card business is crucial for the bank and offers a broad look at how consumers are doing.

The artificial intelligence revolution continues to reshape global markets. Hyperscalers and tech giants pour hundreds of billions into data center infrastructure, chasing ever-larger models and smarter applications. At the heart of this buildout lies a critical but until recently overlooked component: memory chips. Unlike compute-focused GPUs that grab most headlines, high-bandwidth memory (HBM) and related ... Better Late Than Never? Micron Finally Joins Wall Street’s ‘Best Investment Ideas” L

KeyCorp beats Q2 earnings estimates as higher net interest and fee income, lower provisions, and loan growth lift the results despite rising expenses.

Bank of ‌America said on Tuesday ‌it has enhanced its ​AI-powered EricaAssist tool, which would help more than 18,000 customer service ‌representatives resolve ⁠client needs faster by delivering real-time ⁠guidance during conversations. The new generative AI ​capabilities deliver ​contextual ​guidance in under ‌three seconds,, the bank said in a statement. The move comes as major banks are ‌ramping up how ​they incorporate ​digital ​assistants in their ‌daily operations, determining ​how ​such agents interact with human colleagues and ​clients ‌as they race to ​get ahead.

The bank’s redesigned loyalty program, which made it easier to become a member, added more than 3 million customers in the seven weeks since launch.

Wall Street's most bullish Micron analyst just raised his price target again after a quarter that shattered expectations, but the stock has already tumbled sharply from its post-earnings spike, raising the question of whether this is a rare buying window or a warning sign.

Bank of America has promoted Thorsten Pauli to lead its Asia Pacific Global Capital Markets unit. The leadership change places Pauli at the center of the bank's investment banking and capital markets efforts across the Asia Pacific region. The move comes as Bank of America, trading under NYSE:BAC, continues to focus on global capital markets opportunities. For investors tracking NYSE:BAC, the promotion of Thorsten Pauli adds a fresh leadership angle to the story around Bank of America at a...

Economic resilience is probably something most Americans would welcome. We’re seeing that consumer spending is still growing, wage gains haven’t gone away, and corporate dealmaking is showing fresh momentum. Those trends point to a country that is successfully blowing past the recent ...

Strong services growth may offset weaker product margins

Netflix (NFLX) shares had a rough week, and Wall Street can't agree on what will happen to the stock next. The company's earnings came in close to Wall Street expectations. However, investors sold the stock anyway. Netflix Shares closed at $68.95 on Friday, July 17, down 7.26% on the day after ...

CoreWeave (NASDAQ:CRWV) heads into its 2Q26 earnings report in early August with investors watching execution more than demand. Demand for GPU capacity is still strong and customer commitments keep growing, but the real story now is whether the company can build out and activate power fast...

Apple Inc (NASDAQ:AAPL, XETRA:APC) is expected to beat consensus estimates for its fiscal third quarter, according to Bank of America, even as the bank takes a more conservative view of iPhone seasonality tied to a staggered launch schedule. BofA said investor focus will center on component...

Bank of America strategists recapped the first week of earnings saying that with 50 S&P 500 companies reports in, 88% beat expectations. UBS' CIO office also flagged stronger than historical averages for both beat rates and EPS growth, saying that the stock market has further to run thanks to what's expected to continue to be a strong earnings season. "The wide gaps between individual stock performance and ongoing risks related to geopolitics and inflation, however, mean that investors should ensure diversified exposure," the strategists wrote.

Big banks posted strong Q2 beats and double-digit earnings growth forecasts, prompting a closer look at valuations and momentum across the sector.

Apple Drops Before Earnings Even as Bank of America Backs the Tech Giant

PENN Entertainment (PENN), Churchill Downs (CHDN), and other regional gaming companies are expected

F.N.B. (FNB) faces continued headwinds to net interest income as a mixed second quarter and a weaker

Investing.com -- Bank of America reiterated a Buy rating on Apple with a price target of $380 per share in a note on Monday, expecting the company to beat consensus in its fiscal third-quarter results, which will mark Tim Cook's last earnings call as CEO.

C targets a 14-15% medium-term ROTCE by expanding higher-return businesses, cutting costs and improving capital deployment efficiency.

Brian Moynihan took over Bank of America in 2010 with a burning balance sheet, billions in pending lawsuits, and a penny-a-quarter dividend. Whether the long rebuilding act rewarded patient shareholders or punished them depends entirely on when you started counting.

Bank of America is reshaping its AI leadership

(Bloomberg) -- The popular Magnificent Seven stocks moniker is “no longer relevant” in assessing how to play the US artificial intelligence trade, according to Citigroup Inc. strategists.Most Read from BloombergUS Strikes Iran in Escalating Campaign After Troops KilledThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsTrump Silent So Far on Iran Plans as US Death Toll Hits 17FCC Near Rulings Against Disney Over

Citigroup (C) remains one of the most compelling large-cap financial stocks for investors seeking both value and growth.

Executives at Bank of America, Citigroup and JPMorgan Chase highlighted the scale of ongoing AI adoption efforts and its effects on operations.

(Bloomberg) -- Bond traders and Federal Reserve Chairman Kevin Warsh are in agreement on a crucial point: The central bank’s fight against inflation still seems far from over. Most Read from BloombergUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseUS-Iran Attacks Escalate as Strikes Kill Two Am

Investing.com -- Sterling’s break higher supports the case for further long-term gains, although the speed of its recent rally leaves limited near-term upside, Bank of America currency strategists said.

Federal Reserve Chairman Kevin Warsh was subjected to intense questioning by Sen. Elizabeth Warren (D-Mass.) regarding potential ethics violations. On Wednesday, his second day of monetary policy testimony on Capitol Hill, Warsh was grilled by Warren about a $100 million...

(Bloomberg) -- The European Central Bank is likely to hold off on a second interest-rate hike in the coming week while keeping that option open for September.Most Read from BloombergFCC Near Rulings Against Disney Over ‘The View,’ TV LicensesTaylor Farms Pulls Mexican Lettuce as Parasite Cases RiseChip Stocks Slide Into Bear Market in AI Unwind: Markets WrapSpaceX Slump Wipes Out $1 Trillion in Market Value From PeakGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsAfter raising

Microsoft has been one of the worst-performing large-cap tech stocks of 2026, down about 20% year to date, even as the company keeps expanding its AI business and growing Azure at a pace most cloud companies would envy. A lot of investors have been sitting on their hands, waiting either for a ...