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The Latest Breaking News from Bank of America

Analysts mull Tesla rivals, give insights into post-election EV industry

One Bank of America analyst had a stark prediction about EVs under a Trump presidency.

The Street

Ex-Green Beret Turned US Banker Dies After Working 100-Hours Weekly, Who Is His Boss And Why Isn't He Fired Yet?

BofA's former head of Financial Institutions Group, Gary Howe, is known for enforcing long working hours on junior bankers under him, which potentially played a role in the death of an ex-Green Beret who joined the bank to support his family.

International Business Times UK

What Q3 investment banking trends reveal about the economy

A former bank examiner for the Federal Reserve Bank who is a risk-management practitioner weighs in.

Fortune

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Warren Buffett is selling one of the world's biggest companies

Shares of his Berkshire Hathaway have risen 28% year to date.

The Street

BofA Extends Guaranteed FX Rates Up To One Year, Industry's Longest Tenor

In the 8th year since the bank launched guaranteed FX rates with tenors longer than 24 hours, the solution currently supports more than 200 currency pairings across various tenors, with the 1-year tenor now available for 37 currency pairs.

International Business Times

Should you buy Nvidia stock now? It may be a once-in-a-generation opportunity

Bank of America reiterated a buy rating on Nvidia stock and raised its price target to $190, implying its market cap could explode to $4.7 trillion.

Fortune

Stock Market Rally At Highs; Taiwan Semi, ASML, Netflix In Focus: Weekly Review

The Dow and S&P 500 hit record highs as the stock market rally extended its weekly win streak with modest gains.

Investors Business Daily

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Bank Of America Hikes Price Target On ServiceNow Stock With Earnings Due Next Week

Bank of America hiked its price target on ServiceNow stock ahead of the software maker's third quarter earnings report due Oct. 23.

Investors Business Daily

BofA CEO says U.S. economy is the envy of the world—but could lose its power due to national debt

Brian Moynihan, CEO of Bank of America, said the U.S. needs to get its “eyes and stomach in line.”

Fortune

Buy This High-Yield Dividend Stock for 19% Payout Growth Until 2026

Citigroup stock has a dividend yield of 3.4%, and Goldman Sachs expects its dividend payout to rise at a CAGR of 19% between 2024 and 2026. Is the stock a buy for its fat dividend?

Barchart

Boeing lines up $35 billion in liquidity amid strike, layoffs

The company could issue $25 billion in shares or debt and also revealed a new $10 billion credit agreement with major lenders.

Fortune

Goldman Sachs, Bank of America In Buy Zones After Earnings; Citigroup Retreats From Buy Point

Goldman Sachs earnings easily beat, while Bank of America and Citigroup earnings also topped. Goldman and BofA are set to extend breakouts while Citi nears a buy point.

Investors Business Daily

Dow Jones Falls As Goldman Earnings Beat; UnitedHealth Plunges On Earnings

Stock Market Today; The Dow Jones fell Tuesday as Goldman Sachs beat earnings estimates. But UnitedHealth dived on Q3 earnings results.

Investors Business Daily

S&P Futures Tread Water Ahead of Fed Speak and More Big Bank Earnings

December S&P 500 E-Mini futures (ESZ24) are trending down -0.03% this morning as investors looked ahead to quarterly reports from more big banks while also awaiting remarks from Federal Reserve officials.

Barchart

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Fortune

Bank of America CEO says endless curiosity is key to leadership success

Bank of America CEO Brian Moynihan says crises provide the best teaching opportunities for leaders.

Investors Business Daily

JPMorgan, Wells Fargo, BlackRock, BNY Score Strong Earnings Beats

JPMorgan Chase, Wells Fargo, Bank of New York Mellon and BlackRock led bank results Friday. Analysts expected a soft quarter for earnings.

Barchart

1 Dividend Aristocrat That Just Scored a New Street-High Price Target

The newest entrant to the storied 'Dividend Aristocrat' club just received a bullish rating from Bank of America.

The Street

GM exec takes potshot at Ford CEO's "secret" EV strategy

Ford has been working with a California-based team on a new line of EVs.

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Fortune

Reshoring creating small business boom in South and Midwest

A new report from Bank of America suggests this investment is spilling over to small businesses in the South and Midwest.

The Street

Warren Buffett's Berkshire sells bank stock before earnings

The KBW Nasdaq Bank (stock) Index has climbed 18% year to date.

Investors Business Daily

This 'Best Leading Indicator' Flashes Bullish Signal For S&P 500 Earnings

Another S&P 500 earnings season is upon investors. Here is what to expect as banks tee up to report.

Barchart

How to Play the New Bull Market in Chinese Stocks

Thanks to monetary stimulus, the China bull market is back. And now, with Xi Jinping onboard, it looks like massive fiscal stimulus is coming, as well. Economists in China are talking about a possible $1.4 trillion stimulus. Adding to the bullish mood is the fact that mainland Chinese investors are…

Kiplinger

Bank of America Outage Had Customers Seeing Zeros

A widespread outage at Bank of America showed $0 balances for many customers.

Fortune

Here’s what’s impacted as the dockworker strike halts U.S. ports

The strike could affect imports of several commodities like bananas.

Tom’s Guide

Massive Bank of America outage — live updates on $0 account balances

Bank of America customers across the U.S. are experiencing issues when checking their balances on both the company’s app and website.

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People

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