Analysts at Wells Fargo and Bank of America issued bullish predictions for bank stocks and earnings, which will kick off second-quarter earnings season next week.
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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.
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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 ...
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...
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The overall revisions trend heading into the start of the Q2 cycle remains positive, with expectations steadily increasing over recent months. JPMorgan, Bank of America, Citigroup, and Wells Fargo will help start the June-quarter reporting cycle for the Finance sector on July 14th.
The overall revisions trend heading into the start of the Q2 cycle remains positive, with expectations steadily increasing over recent months. JPMorgan, Bank of America, Citigroup, and Wells Fargo will help start the June-quarter reporting cycle for the Finance sector on July 14th.
Electricity demand is now expected to grow significantly faster than global GDP for the next two-and-a-half years, according to Bank of America.
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For most of the post-2008 era, Oppenheimer’s Chris Kotowski was the guy telling you to keep buying the big banks. He waved off the 2011 eurozone panic, the 2016 energy blowup, COVID, and the 2022 rate hikes. On June 30, 2026, he flipped. Kotowski cut Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), Bank of America, and ... The Analyst Who Loved Bank Stocks for 15 Years Just Flipped. Here’s What He’s Buying Instead
The stock market just wrapped up one of its strongest first halves in years. In the first six months of 2026, the Dow was up 8.9%, marking its best first half since 2021. The S&P 500 gained 9.6%, and the Nasdaq added 12.8%, while the Russell 2000 soared nearly 22% for its best first-half ...
Sticky inflation just showed up in a place we’d rather not put in a spreadsheet. That inflation setup fits Bank of America’s latest report shared with me, which shows the pressure building in categories couples actually buy into. The note shows consumers are still spending a ton on ...
The concerns for Wells Fargo starts with its failure to reach elite returns on equity—analysts see 15.3% this year versus a range of 17% to over 22% for Morgan Stanley JPMorgan Chase & Co. and Goldman Sachs Group Wells has seen falling net interest margins (the percent of the interest it earned on longer-term assets after subtracting the cost of interest-bearing accounts). Given that net interest margins are expected to drop 24 basis points year over year, net interest income growth would result from higher volumes.
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The Senate Banking Committee’s top Democrat wants the Fed’s inspector general to examine whether a top Fed regulator broke protocol by participating in the closed-door client event.
Bank of America CEO Brian Moynihan says a recession is not coming despite his firm predicting three Federal Reserve rate hikes and inflation through 2028.