Bank of America is facing allegations of insider trading in its Asian operations, according to a report by The Wall Street Journal (WSJ). The report […]
Tag: Bank of America
Institutional Investors Pull Back: $6 Billion Exits U.S. Stocks Amid Market Caution
Institutional investors just pulled around $6 billion out of U.S. stocks, making it the biggest sell-off since 2015 and the second-largest in the past 15 […]
Bank of America Warns of Growing National Debt Threat: Urges Action and Highlights Gold as a Safe Haven for Economic Stability
Brian Moynihan, CEO of Bank of America, is raising concerns about the U.S. national debt, which has now exceeded $35.7 trillion. This means every American […]
UBS Sues Bank of America for $200 Million Over Mortgage Indemnification Dispute
UBS sued Bank of America for $200 million, claiming Bank of America refused to cover legal costs related to risky mortgages from before the 2008 […]
Recent Price Target Adjustments for Facebook by Leading Brokerage Institutions
Goldman Sachs increased its price target for Facebook from $522 to $555, while keeping its Buy rating. Oppenheimer raised its price target for Facebook from […]
Bank of America Q2 Earnings Report Overview
Bank of America (BAC) has reported its second-quarter earnings for the fiscal year, revealing several key financial metrics and operational highlights. Financial Performance Highlights:1. Earnings […]
Bank of America Survey Reveals Surge in Global Investment Pursuit Amidst Heightened Investor Risk Appetite
A recent survey by BofA indicates that fund managers continue to pursue increased global investment opportunities, coinciding with investors’ heightened risk appetite reaching its highest […]
Bank of America Raises Super Micro’s Price Target to $1,280, Citing Growth Prospects and Considerations
Bank of America increases Super Micro’s price target to $1,280 from $1,040 while maintaining a Buy rating. The analyst notes that Super Micro $SMCI is […]
Bank of America Raises Nvidia’s Price Target to $1,100: Optimism Fueled by Growing AI Opportunities and GTC Anticipation
Bank of America has increased Nvidia’s price target to $1,100 from $925, maintaining a ‘Buy’ rating. The adjustment is attributed to a broader opportunity, a […]
Bank of America Raises 2024 S&P 500 EPS Forecast to $250, Reflecting 12% YoY Upside
Bank of America increases S&P 500 profit projections due to the impact of the AI surge. Bank of America strategists raised their 2024 S&P 500 […]
Boeing’s CFO, Brian West, to speak at Bank of America Global Industrials Conference on March 20, 5:40 a.m. ET.
Brian West, Boeing’s CFO, is scheduled to speak at the Bank of America Global Industrials Conference on March 20 at 5:40 a.m. ET. The session […]
Bank of America Predicts Strong iPhone Refresh Cycle Fueled by Generative AI Features
Bank of America anticipates a strong refresh cycle for iPhones in the coming years, driven by Generative AI features. Their global smartphone survey across the […]