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The Latest Breaking News from Bank of America

Not just Nvidia: these power and cooling firms are riding the trillion-dollar data centre boom

McKinsey forecasts nearly $7 trillion in data-centre investment globally by 2030; Nvidia last week said it expects AI spending to remain robust for years.

The Economic Times

Times Square Victim Revealed As Bank Of America VP As Dramatic Video Shows Attacker’s Confrontation With Cops

Times-Square-Stabbing-Victim-Was-Young-Exec

Bored Panda

A Bank of America vice-president identified as victim of stabbing in Times Square

Erin Piacenti, 32, was killed in Tuesday stabbing in New York City, officials say

The Guardian - US

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Times Square Stabbing Suspect Pamela Cisneros Had Mental Health History With NYPD Before Killing BofA VP

A woman with a history of mental health issues fatally stabbed two people in Times Square before being shot by police, highlighting concerns over mental health and public safety.

International Business Times UK

Who Was Erin Piacenti? Bank of America VP and Penn Graduate Remembered by Colleagues

Who was Erin Piacenti? Inside the education and career of the Bank of America VP killed in the Times Square stabbing.

International Business Times UK

Bank of America executive killed in ‘random’ stabbing spree in Times Square

Erin Piacenti, 32, was one of two people stabbed Monday in the tourist and theater hub

The Independent UK

Bank of America VP Stabbed to Death in Times Square as Attacker Tells Cops 'I Will Kill You' Before Being Shot

A Bank of America vice-president was fatally stabbed in Times Square by a knife-wielding woman, who was later shot dead by police. The incident highlights ongoing mental health concerns.

International Business Times UK

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Bank of America vice president identified as victim in random Times Square stabbing

Erin Piacenti, 32, died after a woman with a documented mental health history attacked two strangers.

Fortune

Is Bank of America Stock Outperforming the Dow?

Bank of America has outpaced the broader market over the past year, and analysts are fairly upbeat about its future potential.

Barchart

Warren Buffett turns 96: Top 10 investing lessons from the Oracle of Omaha

As Warren Buffett turns 96 in his first birthday since stepping down as Berkshire Hathaway's CEO, the piece revisits the investing principles behind his six-decade run — patience, discipline, staying within his "circle of competence," and concentrating capital when conviction is high.

The Economic Times

Gen Z loves a night out as young adults boost sales at bars and locally-owned restaurants

Low-earning households raised their overall restaurant spending more than any other income group

The Independent UK

Bank of America to Pay $72.5 Million To Jeffrey Epstein Accusers As Judge Approves Settlement

The $72.5 million fund will compensate eligible women who were trafficked or sexually abused by Epstein or his associates between June 2008 and July 2019.

International Business Times

BAC, CHWY, SONY: Play Unusual Options Activity in These 3 Low-Cost Call Options Under $100

Thursday’s options volume rebounded to 60.53 million contracts. Three budget-friendly call options under $100 per contract—Bank of America, Chewy, and Sony—offer asymmetric risk-reward setups to capitalize on unusual options activity without a complicated strategy.

Barchart

Man Buys $38,000 Kia. Then He Makes $37,000 In Payments. He Still Owes $28,000 On The Same Car

"Worst decision I ever made."

Motor1

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MarketBeat

SEC Probe Puts Wall Street Leverage Risk Back in Focus

SEC subpoenas Goldman Sachs, JPMorgan, Citigroup and Bank of America over margin lending to hedge fund Situational Awareness, which suffered a 67% drawdown amid an AI stock sell-off.

Fortune

Zohran Mamdani's business council includes the CEOs of Chobani and Etsy. But Wall Street and Big Tech turned him down

The New York City mayor got 15 business leaders to join his new council, but some of New York’s biggest corporate names are absent.

Evening Standard

FTSE 100 drifts lower as eyes turn to Nvidia

The chip maker was expected to release earnings after Wall Street closes.

The Times of India

Banker allegedly told his longtime friend about a secret $8.1 billion takeover; friend bought $53 million of stock and made $18.5 million

A former Bank of America investment banker has been accused by the SEC of tipping a longtime friend about a confidential $8.1 billion South Jersey Industries takeover. The friend allegedly bought $53 million worth of shares and made $18.5 million after the deal was announced. Both men deny the insider-trading…

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International Business Times

The SEC Reportedly Wants To Know More About Wall Street Banks' Role In The Fall Of Situational Awareness

Goldman Sachs, JP Morgan, Citigroup and Bank of America have been contacted.

The Economic Times

Global Market: Japanese businesses turn to currency hedging as weak Yen drives up import costs

Japanese businesses are increasingly turning to longer-term supplier agreements and currency hedging as the yen’s prolonged weakness raises import costs and makes expenses harder to predict. Companies are locking in prices and exchange rates for longer periods, while exporters are also seeking protection against currency swings as uncertainty over the…

Fortune

New York added 30,640 tech workers in 3 years, surpassing San Francisco as AI hiring surges

Wall Street's push to hire AI talent is fueling New York's rise, even as San Francisco keeps its title as the top overall tech market.

Barchart

Zoom Stock Just Scored a New 'Buy' Rating. Here's Why.

Zoom stock rallies on a bullish Bank of America research note. Here’s why BofA recommends buying ZM shares at current levels.

Ballotpedia

SEC makes shareholder proposal no-action pause permanent

In this week’s edition of Economy and Society:

International Business Times

Investors Are Betting Against a Fed Rate Hike. Wall Street Is Showing Broad Bullishness.

Cash levels among fund managers have fallen to just 3.5%, well below Bank of America's 4% threshold for what the firm considers a contrarian "sell signal."

Fortune

With the national debt nearing $40 trillion, Bank of America has a warning for bond investors

Bank of America strategist Michael Hartnett warns against investing in bonds as the U.S. continues to run large deficits.

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