C targets a 14-15% medium-term ROTCE by expanding higher-return businesses, cutting costs and improving capital deployment efficiency.
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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 ...
Earnings results showed generally solid credit health among borrowers, strong dealmaking activity, and blowout trading numbers.
Gold’s 2026 story was mostly supposed to be how high the safe-haven trade could potentially run. For context, the shiny yellow metal soared roughly 63% in 2025, according to LBMA benchmark data, the strongest annual gain in more than four decades. Lately, though, the bull case has been ...
Berkshire Hathaway’s biggest stock holdings have added more than $20 billion in value this quarter, but Warren Buffett’s decision to slash the Apple stake continues to weigh on the portfolio’s upside.
Any good financial advisor knows that clients are best served with a diversified portfolio tailored to their goals. For this week’s Barron’s Advisor Big Q, we asked four wealth managers to name their favorite speculative investments for current market conditions. The landmark 2025 tax-and-spending bill, which President Donald Trump signed into law just over a year ago, is a sprawling piece of domestic legislation that affected bread-and-butter tax issues such as brackets and the standard deduction, as well as more niche areas such as levies on tips and overtime income.
The tech selloff has spread beyond semiconductor stocks to many of this year’s biggest listings, even as some Wall Street analysts argue the pullback is a healthy reset rather than the end of the AI boom.
When gas prices go up, consumers generally shift their spending away from other areas because, in many cases, driving isn't optional. "Faced with higher gasoline bills, some households may be inclined to trim their spending on other things. In the April Consumer Checkpoint, we discussed how some ...
Bank of America has announced senior appointments to drive AI adoption and implementation across its global markets group, according to an internal memo seen by Reuters on Friday. The bank named Kevin Milsom as head of platforms AI transformation, according to the memo by Ashok Krishnan, head of platforms within the global markets group. Krishnan leads efforts to modernize technology and increase automation, including the rollout of generative AI tools and other new technologies.
F.N.B. Corp posts record Q2 revenues. Earnings meet estimates, fueled by higher net interest income, stronger fee income and lower credit loss provisions.
CBSH tops Q2 earnings and revenue estimates as higher net interest and fee income offset pressure from rising expenses and credit loss provisions.
(Bloomberg) -- The cost of hedging against swings in the dollar has fallen to its lowest level this year, signaling that traders see little chance of a major catalyst disrupting the world’s reserve currency despite an uncertain Federal Reserve outlook and resurgent conflict in the Middle East.Most Read from BloombergChip Stocks Poised for Bear Market in AI Unwind: Markets WrapGoogle Gemini Launch Delayed as Tech Falls Short of Internal GoalsFCC Near Rulings Against Disney Over ‘The View,’ TV Lic
Bank of America watches about 38.7 million checking accounts. That's not a marketing number. It's the size of the window the bank has into how ordinary Americans are actually spending their money, week by week. When Brian Moynihan speaks about the consumer, that's the data he's pulling from, and ...
Data centers are fueling a nuclear energy renaissance.
Bank of America analysts project data center demand will outpace planned utility capacity additions by more than 100 GW through 2030, increasing reliance on on-site gas generation and battery storage.
Hasbro’s fair value estimate has been trimmed from US$113.07 to US$109.93, signaling a more cautious stance on where analysts see the stock settling in their models. That shift aligns with research that balances optimism around core brands and earnings power with more restrained valuation assumptions and a choppier near term setup. As you read on, you will see how this evolving price target story fits into the wider Hasbro narrative and what to watch as new information comes through. Analyst...
Bank of America’s 2026 Private Bank Study reports a sharp rise in US businesses passing to heirs rather than new buyers. The findings highlight a structural shift tied to the Great Wealth Transfer as ownership of private companies moves across generations. The study focuses on how this transfer of control could affect wealth concentration, private markets and estate planning practices. Bank of America, traded as NYSE:BAC, is positioned at the center of US wealth management through its...
Morgan Stanley reported a record $148 billion in net new assets, a 150% increase from the same period a year ago.
Cintas Corporation (NASDAQ:CTAS) was upgraded to ‘Buy’ from Neutral by Bank of America, which also raised its price objective to $230 from $200 after the company's better-than-expected fourth-quarter fiscal 2026 results and fiscal 2027 guidance came in above Wall Street expectations. The...
Bank of America just flagged a hidden revenue engine inside Nvidia that the market is still ignoring, and the numbers suggest Wall Street has been pricing the wrong business this entire time.