Bank of America

July 8, 2025

Wall Street Raises S&P 500 Targets Despite Trade Risks

Goldman and BofA lift forecasts as investors shrug off tariffs Wall Street strategists are growing more optimistic on U.S. equities, even as fresh trade tensions resurface. Goldman Sachs lifted its year-end target

September 19, 2024

U.S. Stocks Reach New Highs as Fed Rate Cuts Drive Optimism

Investors rejoiced today as the U.S. stock market surged to unprecedented levels, driven by renewed optimism surrounding the Federal Reserve’s recent rate cut. The decision to slash interest rates has reshaped market

June 9, 2025

Robinhood Shares Fall After S&P 500 Snub

Robinhood’s shares sold off on Monday after the online brokerage was left out of the latest quarterly rebalance of the S&P 500, disappointing many investors who had speculated that it could be

Moody’s Downgrades U.S. Banks After Sovereign Credit Cut

by Jamie Spencer

Moody’s downgraded the long-term ratings of major U.S. banks, including JPMorgan Chase, Bank of America, and Wells Fargo, following its decision to strip the U.S. of its top triple-A rating due to

May 20, 2025

Bank of America and Citigroup Benefit from Market Volatility

by Jamie Spencer

First-Quarter Profits and Revenue Surge Amid Trade Uncertainty Bank of America (BAC) and Citigroup (C) reported strong first-quarter profits and revenue, bolstered by robust trading results. Both banks have emerged as beneficiaries

April 15, 2025

Gold Breaks $3,100 as Tariff Fears Mount

by Jamie Spencer

Record high driven by Trump policies and geopolitical turmoil Gold prices surged to an all-time high on Monday, topping $3,100 per ounce for the first time amid fears over U.S. President Donald

March 31, 2025

Berkshire Hathaway Earnings Surge Amid Record Cash Pile

by Jamie Spencer

Berkshire Hathaway shares surged nearly 4% on Monday after Warren Buffett’s conglomerate reported a 71% increase in operating earnings for the fourth quarter. The company’s operating profit, which includes earnings from wholly

February 24, 2025

CFPB Sues Zelle and Major U.S. Banks Over Fraud Allegations

by Jamie Spencer

The Consumer Financial Protection Bureau (CFPB) has launched a lawsuit against Zelle, the leading peer-to-peer payments network, and three of its major bank partners—JPMorgan Chase, Bank of America, and Wells Fargo—alleging failures

December 20, 2024

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