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The Latest Breaking News from Bank of America

Bank of America says building material manufacturers' first instinct to Trump’s tariffs has been to hike prices

Price increases may be preemptive, but “could give companies flexibility in a dynamic trade policy environment,” Bank of America analysts wrote.

Fortune

ChatGPT remains the most popular AI tool in offices worldwide, survey finds, with India leading the way

ChatGPT remains the most widely used AI tool in workplaces, with India leading global adoption with a 92% usage rate.

TechRadar

These 3 Big Banks Are Set to Gain as Consumers Stash More Cash

The United States consumer has spiked savings recently as discretionary spending slows, allowing banks to see higher deposits.

MarketBeat

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Majority of Gen Z men say feminism has gone too far—but BofA study says wealthy women lift entire economy

Women are becoming an increasingly powerful economic driver, says Bank of America, and their prosperity benefits everyone.

Fortune

CFPB drops Zelle fraud lawsuit

The lawsuit, filed under the Biden administration, alleged the banks failed to investigate cases of fraud

Salon

Bank of America Says RIP to the ‘Bro Bubble.’ Ditch Palantir Stock Now.

As speculative rallies fade, PLTR’s rich valuation tests investor patience.

Barchart

Analysts: Trump Tariffs Could Create a ‘Supply Shock’ for Tesla Stock

Bank of America lowered its price target on Tesla stock as Trump’s tariffs could prove to be a meaningful headwind for the EV maker.

Barchart

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Is Bank of America Stock Underperforming the Nasdaq?

Despite Bank of America’s recent underperformance relative to the Nasdaq, Wall Street analysts remain highly optimistic about the stock’s prospects.

Barchart

Nvidia’s stock price will jump more than 50% as the chipmaker remains in a 'dominant position,' BofA says

Nvidia sales from Blackwell reached $11 billion — surpassing expectations.

Fortune

James Comer Gives FDIC Hard Deadline to Hand Over Documents Related to 'Politicized' Crypto Regulation

The House Oversight Committee launched the investigation a month ago over what he has described as the "debanking" of conservative individuals due to their political views or involvement in the crypto industry

Latin Times

Resignation of Lucid Motors’ veteran CEO spooks investor fear of new product delays

Bank of America downgraded the stock and slashed its price target by two-thirds after learning that Peter Rawlinson stepped down as CEO and CTO.

Fortune

Bank of America's CEO says stablecoins are coming very soon

Digital currency was among the topics discussed at the Economic Club of Washington, D.C.'s event.

Fortune

Bank of America's top exec shares parenting advice: 'Being a CEO's child is not the easiest thing'

Brian Moynihan was the featured speaker during the Economic Club of Washington, D.C.’s signature event.

Fortune

Apple plans to hire 20,000 workers over the next four years but faces competition for AI talent

Companies across every sector are pursuing top tech talent.

Fortune

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Barchart

Bank of America: Nvidia Stock Will Face Outlook ‘Headwinds’ on February 26

A Bank of America analyst expects Nvidia to beat Q4 estimates but believes near-term headwinds could lead to some softness in guidance.

Fortune

Saving money is the hottest Valentine’s Day gift of 2025, according to a Trustpilot survey

With 40% planning to spend under $50 on a Valentine’s Day gift, splurging is out this holiday and saving money is in, per a new Trustpilot survey.

International Business Times

Jerome Powell Commits To Addressing Debanking Concerns: 'Regulation Leads Things To Happen'

Federal Reserve Chairman Jerome Powell said that he would make sure regulations were not unintentionally keeping some people out of the banking system.

Barchart

Bank of America: 3 Stocks to Buy for Future Stock Split Potential

These stocks could all be split candidates in 2025 based on their share prices and historical average returns.

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Barchart

Bank of America: These 2 Stocks to Buy Are ‘Winners’ From Trump’s Tariffs

With Trump’s tariff strategy giving U.S. brands a competitive edge, Bank of America sees these two names as key beneficiaries.

Salon

"Debanking" dispute reaches Congress

Republicans held congressional hearings on crypto industry claims that traditional banks won't serve them

Fortune

Trump Media's fintech platform is taking shape with 6 new ‘America First’ investment funds that will invest in the 'Patriot Economy'

After announcing its investment platform Truth.Fi last week, the company is making headway toward releasing its first investment products.

The Independent UK

AI-generated Trump and Musk video dupes MAGA faithful into buying fake Golden Eagles coins

One video told viewers they could trade their Golden Eagles in for a Tesla or to use for investing in SpaceX

Salon

Trump Media launches fintech venture

Truth.Fi would allow “American Patriots” to invest in crypto, ETFs and other financial products

Barchart

Bank of America Stock Outlook: Is Wall Street Bullish or Bearish?

Due to Bank of America’s outperformance relative to the broader market over the past year, Wall Street analysts remain bullish about the stock’s prospects.

The Independent UK

Trump Media set to launch its own financial investment brand

Truth.Fi to offer services to conservatives who may feel frozen out by big banks

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