Bank of America is a multinational financial services company that provides a wide range of banking and financial solutions to individuals, businesses, and institutional clients. The company offers services such as consumer banking, commercial banking, investment banking, asset management, and wealth management. With a robust network of branches and digital platforms, Bank of America aims to deliver accessible and innovative financial products, including mortgages, credit cards, and investment advisory services. The organization is committed to supporting economic growth and sustainability while serving a diverse clientele across various markets. Read More
Ask someone under 40 what they invest in, and chances are you'll hear answers that would've raised eyebrows a generation ago—startups, crypto, fractional real
Marvell's stock surged after new AI chip deals prompted a wave of institutional buying and a series of validating price target increases from analysts.
JPMorgan Chase and other fund managers are swarming into emerging markets as volatility clouds global financial assets amidst the escalating Israel-Iran conflict, according to a recent Bank of America survey.
The U.S. markets will be closed on Thursday, June 19, in observance of Juneteenth National Independence Day, a federal holiday commemorating the end of slavery in the United States.
Marvell reportedly announced several updates at its custom AI silicon event – the company raised its total addressable market (TAM) estimate to $94 billion by 2028, up by 26% from its previous forecast.
Shares of networking chips designer Marvell Technology (NASDAQ: MRVL)
jumped 8.7% in the morning session after the company announced a breakthrough in making chips for Artificial Intelligence (AI), revealing the industry's first 2nm custom Static Random Access Memory (SRAM - tiny computer memory). Think of it as making the brain of AI chips much faster and less power-hungry, which is a huge deal for companies building massive AI systems.
Shares of Peloton fell despite Bank of America maintaining a Buy rating and $9.50 price target, with the firm noting “plenty of catalysts not priced into shares.”
A former Bank of England economist is raising red flags over the growing role of stablecoins in the U.S. financial system, with major implications for banks, as well as the U.S. Dollar.
The FDA Commissioner will issue vouchers that drug developers may redeem to participate in a program that will shorten its review time from about 10-12 months to 1-2 months after the company’s final drug application.
In an interview with CNBC, Eisman stated that the current tariff trajectory under Trump carries the risk of triggering a chain reaction that could become difficult to contain, similar to what occurred during World War I.
Investor preference tilted strongly toward the eurozone, emerging markets, and banks, while U.S. equities, the dollar, and energy ranked lowest, according to Bank of America's global fund manager survey.
