Vivek Arya, a Wall Street analyst at Bank of America Corp. (NYSE: BAC), has maintained a bullish outlook for Nvidia Corp. (NASDAQ: NVDA), as investors wonder why Nvidia stock is down as of July 8.
BofA is turning more cautious on commodities broadly, but uranium is bucking the trend as the firm's top conviction call for 2026. The bank's commodities team cut 32 price objectives across its coverage, including 21 in precious metals, five in base metals and four in steel, and lowered 2026 estimates for 31 of the 33 companies it tracks.
Some industry leaders are reportedly eyeing a deal that could help them skirt around limits on how much they can charge for debit-card fees.
Big banks have reportedly been looking to acquire a payments processing network from Fiserv, and the financial technology firm's stock is getting a boost Tuesday on the news.
Bank of America stock reached a record high on Monday, rising 2% to $59.90 amid a broader rally in bank stocks.
With the third quarter underway, most of the top firms we cover on Wall Street are releasing their top stock ideas for the next three months.
The overall revisions trend heading into the start of the Q2 cycle remains positive, with expectations steadily increasing over recent months. JPMorgan, Bank of America, Citigroup, and Wells Fargo will help start the June-quarter reporting cycle for the Finance sector on July 14th.
The overall revisions trend heading into the start of the Q2 cycle remains positive, with expectations steadily increasing over recent months. JPMorgan, Bank of America, Citigroup, and Wells Fargo will help start the June-quarter reporting cycle for the Finance sector on July 14th.
Bank of America CEO Brian Moynihan says a recession is not coming despite his firm predicting three Federal Reserve rate hikes and inflation through 2028.
As Amazon.com, Inc. (NASDAQ: AMZN) shares are set to close June in the red, Justin Post, an analyst at Bank of America Corp. (NYSE: BAC), has reiterated his bullish outlook on Amazon stock.
BAC trades below peers on a P/S basis, but rising costs and a mixed earnings outlook may temper near-term upside despite growth drivers.
A closed-door event hosted by Bank of America featured Michelle Bowman, the vice chair for supervision.