The Latest Breaking News from BofA

Nasdaq Futures Climb as Chip Stocks Rebound on New OpenAI Revenue Report

December Nasdaq 100 E-Mini futures (NQZ26) are up +0.81% this morning as chipmakers staged a partial rebound from yesterday’s selloff following a new report on OpenAI’s estimated revenue.

Barchart · Oct 9

BofA Just Sent a Warning Shot for Apple Investors

Bank of America sees Meta’s fast-growing Muse AI agent as a potential threat to Apple’s lucrative Services ecosystem and its role in digital commerce.

Barchart · Oct 8

Trent’s Rs 1.80 lakh crore rout from peak: Has Q2 just flipped the script for Tata group’s retail crown jewel?

In Q2FY27, Trent demonstrated impressive financial performance, achieving a remarkable 23% increase in revenue compared to the previous year. This achievement is particularly noteworthy given the challenges other retailers faced during the festive period. With continued expansion in store locations for both Zudio and Westside, analysts are split on future…

The Economic Times · Oct 7

Tata Group stock! BofA turns bullish on Trent, initiates coverage with Buy, pegs 17% upside

BofA Securities initiated coverage on Trent with a Buy rating and Rs 3,075 price target, citing its differentiated retail model, Zudio and Westside growth, integrated technology, supply chain capabilities and long-term market share opportunities.

The Economic Times · Sep 30

Older millennials are pulling away from the pack in the housing market—and they’re dominating the ‘hobbies’ economy, too

"Older Millennials seem to have more in common with younger Gen Xers than they do with Gen Z or even younger Millennials," said BofA economist Joe Wadford.

Fortune · Sep 30

RBI may raise repo rate by 100 bps through H1 2027: BofA Securities

Bank of America Securities has revised its forecast for the Reserve Bank of India’s interest rate hikes. It now anticipates a total increase of 100 basis points by mid-2027. The first hike is expected during the monetary policy meeting in October. Economic growth remains strong, while inflation risks are increasing,…

The Economic Times · Sep 30

Bank of America Just Upped Its Price Target on AMD Stock

Bank of America analyst says AMD stock’s year-to-date rally is not out of steam just yet. He explained why in a research note today.

Barchart · Sep 25

This Analyst Just Downgraded Nike Stock. Here's Why.

Nike stock tumbles on a bearish Bank of America research note. Here’s why analyst Lorraine Hutchinson sees NKE shares sinking further.

Barchart · Sep 25

Bank of America Just Declared a ‘Generational Entry Point’ in U.S. Bonds. Why Investors Should Be Backing Up the Truck on Treasuries Here.

Long-dated U.S. Treasuries have officially reached their worst 10-year rolling performance in a century.

Barchart · Sep 17

BofA hires Goldman's Srijith Nair to lead Asia ex-China financial institutions banking

Bank of America has hired Srijith Nair from Goldman Sachs for key Asia roles. Nair will lead financial institutions group investment banking and insurance in the region. He brings nearly twenty years of extensive investment banking experience to his new position. This strategic hire aims to strengthen Bank of America's…

The Economic Times · Sep 17