Latest News of BOF
Chewy's stock jumps toward fresh highs after BofA's U-turn to a bullish call
By MarketWatch |
1 day ago
Chewy Inc. shares reached new highs as BofA Securities shifted from being bearish to the most optimistic on Wall Street. Analyst Curtis Nagle noted that adoption trends are improving, although overall...
3 developments that could derail the stock market's post-Trump sugar high, BofA says
By Yahoo! Finance |
5 days ago
The stock market has been soaring post-Trump's win, driven by expectations of profit growth due to tax cuts and deregulation. Bank of America warns of potential risks like economic recession, trade ta...
Investors expect more growth and inflation after Trump win, BofA survey shows
By Reuters |
1 week ago
LONDON (Reuters) - Global investors changed their expectations on the global economy in the wake of Donald Trump's election win, and now see higher growth than they did before, as well as higher i...
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Investors go long stocks by the most in 11 years following Trump's victory, BofA fund survey shows
By CNBC | 1 week agoInvestors are heavily investing in U.S. stocks following Trump's re-election, with small caps outperforming large caps. Bank of America predicts this trend will continue, despite concerns about inflat...
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Nike, Ford, and 5 More Stocks That Could Be Tax-Loss Winners, According to BofA
By MarketWatch | 2 weeks agoNike and Lululemon stocks may rebound in the next three months, as per Bank of America. Despite a successful year for investors with the S&P 500 up 22%, stocks lagging behind may become targets due to...
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Broadcom can grow AI revenues at a 30-35% CAGR says BofA
By Yahoo! Finance | 2 weeks agoBank of America analysts predict strong growth in Broadcom Inc.'s AI revenues, expecting a 30-35% CAGR. Despite lowered fiscal 2025 earnings due to seasonal factors, the company's leadership in AI and...
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Berkshire's cash sets record as Buffett sells Apple, BofA; operating profit falls
By Yahoo! Finance | 2 weeks agoWarren Buffett's Berkshire Hathaway sold more Apple shares and increased cash reserves to $325.2 billion in Q3. Operating profit declined 6%, with no stock repurchases and net income at $26.25 billion...
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BofA Calls Out Liquidity Barriers as Bankers Await CO2 Deal
By Yahoo! Finance | 2 weeks agoBank of America predicts a major breakthrough in the global carbon credit market at the COP29 climate summit. A potential agreement under Article 6.4 could revolutionize trading carbon reductions glob...
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BofA's Hartnett says bets on gold are rising before US election
By Yahoo! Finance | 3 weeks agoInvestors are increasing their gold holdings in anticipation of the US election to hedge against inflation and populism, as per Bank of America strategists. Popular trades include selling bonds, buyin...
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Sirius XM has a 'challenging road ahead' - BofA
By Yahoo! Finance | 4 weeks agoBank of America analysts have given Sirius XM an Underperform rating and a $23 price target due to challenges like muted subscriber growth and competition from streaming platforms like Apple CarPlay. ...
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NVIDIA (NVDA)'s Dominance in AI Market Fuels BofA Upgrade
By Yahoo! Finance | 4 weeks agoThe article discusses the impact of licensing deals on large language models like LLMs, focusing on a cease and desist letter from The New York Times to Perplexity. Analyst Gene Munster predicts poten...
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Nvidia stock 'undervalued' compared to Big Tech peers: BofA
By Yahoo! Finance | 4 weeks agoNvidia's stock price hit a record high, but Bank of America sees it as undervalued compared to other Big Tech companies. Analysts raised Nvidia's price target to $190 per share, citing its leading pos...
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BofA Sees 51% Increase in Companies Leveraging APIs For Real-Time Treasury Needs
By Yahoo! Finance | 4 weeks agoBank of America's CashPro® API network and CashPro Developer Studio are driving a surge in growth by providing real-time data and transaction processing solutions. The use of APIs has increased by 51...
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Hims & Hers stock target raised at BofA on upside to consensus
By Yahoo! Finance | 1 month agoBank of America raised Hims&Hers Health's price target to $25 from $23, citing strong core sales trends and potential revenue upside in Q3....
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Nvidia Dominates Market, BofA Raises EPS Projections and Price Target Amid Strong Free Cash Flow
By Yahoo! Finance | 1 month agoSemiconductor giant Nvidia dominates the market with an 80-85% share in a $400 billion market. BofA Securities raised EPS projections for 2025 to $2.87 and 2026 to $4.47....