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The Latest Breaking News from BofA

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.

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

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.

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

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.

International Business Times UK

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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,…

The Economic Times

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

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.

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.

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

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."

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

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…

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

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

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…

The Economic Times

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

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."

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.

When loyalty is rewarded: Top earners who stay in their jobs get much larger pay increases than those who switch

When loyalty is rewarded: Top earners who stay in their jobs get much larger pay increases than those who switch

The benefits of job hopping may be slowing down, but it still can pay off for younger workers.

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Blockbuster Earnings Just Sent DELL Stock Soaring. What Comes Next.

Dell stock soars on blockbuster Q1 earnings and impressive future guidance. BofA raises price target on DELL shares to $500.

The Economic Times

Listed new-age internet firms brace for a costly ride as war clouds math

The March quarter was largely stable for companies, with most firms reporting revenue growth in line with expectations and improving operating metrics. However, food delivery, quick commerce, ecommerce, beauty, eyewear, furniture and logistics firms are preparing for higher costs in the upcoming quarters even as consumer sentiment remains uneven.

Oklo Stock Gets a New ‘Buy’ Rating from Bank of America: It’s an ‘Early Leader’

Oklo gained fresh momentum after Bank of America backed its growing nuclear energy footprint amid AI-driven demand.

BofA says you'll be 10x more productive with AI. Ignore the 0.1% result so far

The bank sees a productivity boom and an implementation gap. Here's the argument for why it will close — and why the bubble may pop before that.

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U.S. debt is the 'elephant in the room' amid bond market rout as Fed-fueled interest costs could drive even larger deficits, analysts warn

"In our view, unsustainable fiscal dynamics are compounding with a reflation story, turning a short-term problem into a long-end selloff."

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

Snowflake stock rallied on a bullish note from Bank of America Securities. Here’s why analyst Koji Ikeda sees significant further upside in SNOW shares in 2026.

Dear Google Stock Fans, Mark Your Calendars for May 19

Alphabet’s Google I/O event is expected to showcase major Gemini AI upgrades and deeper agentic AI integration.

Erasca Touts 'Eye-Popping' ERAS-0015 Lung Cancer Data, FDA Path at BofA Conference

Erasca (NASDAQ:ERAS) executives said the company sees multiple potential development paths for its RAS-targeting portfolio, highlighting early clinical activity for ERAS-0015 in lung, pancreatic and colorectal cancers during a Bank of America biotech conference session. Jonathan Lim, Erasca’s chair

Robust Earnings Growth and Innovation Will Help the Marvell Stock Uptrend Keep Going

AMD has disclosed a stake in Marvell Technologies

This Analyst Just Upgraded Akamai Technologies. Here's Why.

Akamai stock rallies as Bank of America raises its price target to $175. Here’s why BofA is constructive on AKAM shares for the remainder of 2026.

Arrowhead Pharmaceuticals Eyes $4B REDEMPLO Opportunity as RNAi Pipeline Readouts Near

Arrowhead Pharmaceuticals (NASDAQ:ARWR) is moving into a more commercial phase while continuing to expand its RNA interference pipeline, Chief Executive Officer Chris Anzalone said during a presentation with BofA pharma and biotech analyst Jason Gerberry at the BofA Annual Healthcare Conference. An

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