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The Latest Breaking News from BofA

One in three Gen Zers is letting AI do their homebuying homework, but they still trust realtors with the closing process

More than half of prospective buyers prefer humans for legal or contractual advice.

Fortune

A $2.7 Trillion Reason Intel Stock Just Got a New Street-High Price Target

Bank of America sees a $2.7 trillion semiconductor opportunity ahead, and that massive AI-driven growth forecast just helped Intel earn a new Street-high price target.

Barchart

Intel Stock Has Surged More Than 250% This Year. Nancy Pelosi Might Be Too Late.

Nancy Pelosi disclosed a new Intel position, but investors should focus on the chipmaker’s turnaround, valuation, and earnings momentum.

Barchart

From analysis to the latest developments in health,
read the most diverse news in one place.

How one chip stock reversed the global tech selloff, exposed AI's 'memory tax' and made the case for an entire valuation regime change

Micron had a "drop the mic" quarter, Dan Ives said. Others called it a restructuring of how Wall Street will price the AI trade for years to come.

Fortune

Bank of America names new Southeast Asia investment banking head, memo shows

Bank of America has appointed Dominic Tan as its new head of Southeast Asia investment banking, a role he will juggle alongside his existing responsibilities for Asia Pacific consumer and retail investment banking. Tan, who joined BofA in 2020, will relocate to Singapore in the third quarter. This move sees…

The Economic Times

This Stock Had Its IPO the Same Month as Palantir. Its Price Action Has Been Wildly Different, But You Should Buy the Dip Here.

Bentley Systems hit its 39th new 52-week low of the past 12 months on Tuesday at $28.37. The infrastructure software stock went public in the same month and year as Palantir. BSY hasn’t fared nearly as well.

Barchart

The Fed is fed up with inflation and will bring down the hammer with a series of rate hikes this year, reversing earlier cuts, BofA says

“The Fed was willing to look through the tariffs, but it is losing patience after the latest round of supply shocks.”

Fortune

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Why Bernstein Just Raised Its Price Target on Arm Stock by Nearly 70%

Bernstein's increased price target of 66.7% on ARM stock is mainly due to agentic AI tailwinds.

Barchart

Flipkart extends lead in Indian e-commerce, Myntra widens lead in fashion, says BofA

Flipkart Group solidifies its e-commerce dominance in India, with Myntra leading the online fashion segment, according to a Bank of America Securities report. Despite intense competition, consumer demand remains robust, defying concerns about slowing discretionary spending. The report highlights resilient growth across various internet sectors, including online travel, quick commerce,…

The Economic Times

Flipkart extends lead in Indian ecommerce, Myntra widens lead in fashion, says BofA

The Economic Times

From Underperform to Buy. Here Is Why BofA Just Changed Its Mind on INTC.

Intel has received a double rating upgrade from a Bank of America analyst with a price target of $135.

Barchart

This Analyst Just Upped the Price Target on SanDisk Stock. Here's Why.

BofA analyst Wamsi Mohan raised his price target on SanDisk stock to $2,100. Here’s why he remains bullish on SNDK shares for the next 12 months.

Barchart

Intel Just Scored a Double Upgrade. What's Next for INTC Stock.

Intel shares rallied yesterday as BofA double-upgraded them to “Buy." Here’s why analyst Vivek Arya turned uber bullish on INTC stock today.

Barchart

Bank of America told investors to 'take profits.' Then the Nasdaq fell 7%

Days before the worst chip rout since 2020, BofA warned that seven warning lights were flashing.

Fortune

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International Business Times UK

Oil Climbs, Stocks Struggle After US Launches New Strikes on Iran as BofA Urges Investors to Book Profits

Oil prices rose while gold fell following fresh US strikes on Iran, threatening a fragile truce. Bank of America warns investors of potential market corrections, urging them to book profits.

The Economic Times

The AI play no one is talking about: Why BofA is snapping up power & metals instead of IT

BofA Securities India's Amish Shah advises shifting from IT to infrastructure, citing a 'dangerous gap' in consensus earnings forecasts. He highlights that commodity-driven earnings won't command premium valuations, and warns of potential downside from current market levels. Shah's strategy favors value in financials, growth in data center-linked infrastructure and metals,…

MarketBeat

Backblaze Sees AI Boom Fueling Cloud Storage Demand and Neocloud Deals

Backblaze (NASDAQ:BLZE) Chief Executive Gleb Budman said the cloud storage company is seeing a material shift in demand tied to artificial intelligence workloads, as customers seek alternatives to hyperscaler platforms and newer AI-focused cloud providers look to add storage capabilities. Speaking

Barchart

CELH Stock Alert: What to Know as Celsius Faces Child Safety Investigation

Texas Attorney General announces a child safety investigation into Celsius Holdings. Still, Bank of America recommends buying CELH shares today.

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news in one place.

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Barchart

Bank of America Just Upgraded UnitedHealth Stock. Here's Why.

UnitedHealth stock rallies as Bank of America upgrades it to “Buy.” Here’s why analyst Kevin Fischbeck believes UNH shares could rip higher from here.

Fortune

BofA on the ‘fundamental disconnect’ in the housing market: You’re blaming the wrong person for why you can’t afford a home

"Affordability is a key voter issue, but proposals to fix structural supply shortages are politically unpopular and lack short-term payoffs."

Medical Daily

Wall Street Turns Bullish on Health Insurers: UNH Surges 5.7% as BofA Upgrades and Morgan Stanley Raises Target to $453

UnitedHealth Group was written off by many investors after five straight sessions of losses. Then Thursday morning arrived — with two simultaneous Wall Street upgrades, easing medical cost data, and a technical setup that had been coiling for a breakout. Here is what changed, what it means for patients, and…

MarketBeat

Ambarella Bets on Edge AI as Auto Sales Head for Record and Hanwha Deal Builds

Ambarella (NASDAQ:AMBA) Chief Executive Officer Fermi Wang said the company’s edge AI opportunity is built around a broad silicon roadmap and a mature software stack that can help customers move quickly from application development to products. Speaking with BofA semiconductor analyst Vivek Arya at

The Economic Times

AI will expand opportunities for Indian IT; luxury housing demand remains strong: BofA Securities

AI presents significant new revenue streams for Indian IT services, despite job displacement concerns. Experts believe AI will expand beyond coding into business processes, creating a larger market. While enterprise adoption is nascent, technology modernization and AI integration will drive growth. Separately, India's residential real estate, particularly luxury housing, shows…

Fortune

As loyal Boomers win and job-switching Gen Zers lose, the labor market of 2026 reveals a decade of bad career advice

For years, the playbook was clear: don't stay too long, always negotiate your next move, loyalty is for suckers. It hits different in "low-hire, low-fire."

AAP

BofA Securities Asia Forum Gathers Global Investors Amid Surge in Hedge Funds Allocations

HONG KONG, June 1, 2026 /PRNewswire/ -- BofA Securities hosted its fourth annual Asia Alternatives Forum on Thursday, May 21, 2026, in Hong Kong. The event brought together more than 20 global and Asia-based hedge fund managers and 120 institutional allocators, representing approximately $700 billion allocated to hedge funds.

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