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2 mins read

4 bullish signals are pointing to more stock gains ahead, according to Bank of America

"Rotation, which is the lifeblood of a bull market, suggest that the SPX hit last week's highs from…

Matthew Fox   


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1 min read

Why the Fed won't cut rates until December, according to Bank of America

"We think the Fed can be patient," Bank of America economists wrote in new research.

Kelly Cloonan   


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1 min read

Bank of America lays out the perfect scenario for stocks to rally after the May jobs report

"Sub- 125K gains in NFP could increase the risk of triggering the Sahm Rule, reviving recession fea…

Matthew Fox   


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3 mins read

The AI boom will push America's shaky power grid to its limit

"The cost of that Gen AI architecture is freaking out of control," Baird strategist Ted Mortonson t…

Matthew Fox   


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Bank of America details the best hedge for a big stock-market move on Nvidia earnings

Current options pricing implies Nvidia will jump or fall 8.5% after its earnings results, which is …

Matthew Fox   


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1 min read

A contrarian stock market indicator is on the verge of flashing a 'buy' signal, Bank of America says

Bank of America's contrarian stock market indicator is just three percentage points away from flash…

Jennifer Sor   


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Wall Street sees this opaque corner of financial markets as the likeliest source of a credit crisis, Bank of America says

Investors now see "shadow banking" as the leading source of a potential credit event, respondents i…

Filip De Mott   


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Bank of America lays out the exact scenario that could finally pop the stock market's AI bubble

It's been an "everything buy bonds" bull rally in markets for months, but BofA is cautiously watchi…

Joe Ciolli,Filip De Mott   


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1 min read

Amazon stock has 17% upside as earnings reveal a 'new era' of profits for the tech titan, Bank of America says

Amazon reported earnings this week that beat Wall Street estimates, and BofA says there's more grow…

Yuheng Zhan   


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The biggest threat to the dollar isn't other countries but America's own dysfunction, think tank experts say

Although some foreign economies are trying to de-dollarize, US domestic instability is the real thr…

Filip De Mott   


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1 min read

Microsoft has 17% upside potential and upcoming earnings will show strong AI-driven growth, Bank of America says

Bank of America raised Microsoft's earnings estimate by 1% above its $60.5 billion Q3 revenue forec…

Yuheng Zhan   


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Broadcom is the next stock that could enter the trillion-dollar club, according to Bank of America

Broadcom surged on Thursday after posting estimate-beating revenue and announcing a stock split. Sh…

Filip De Mott   


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Don't sweat Nvidia's recent sell-off as the stock still has 26% upside, Bank of America says

BofA notes that the latest rout is the ninth time the stock has fallen more than 10% since ChatGPT …

Yuheng Zhan   


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7 mins read

America is on the brink of an unemployment fiasco

The number of unemployed Americans keeps rising. To keep the US job market from getting worse, the …

Neil Dutta   


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Stock market today: Dow soars 654 points as traders celebrate inflation data

Stocks snapped a three-day streak of losses after June's inflation data came in line with expectati…

Filip De Mott   


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Stock market today: US stocks trade mixed as tech losses deepen and investors await PCE

GDP grew above-expected last quarter, with the economy expanding 2.8%, per advanced estimates.

Jennifer Sor   


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The US will be an oil production powerhouse through at least 2026, Goldman Sachs says

The US is on track to churn out 270,000 barrels of oil a day in 2026 as the drilling boom continues…

Jennifer Sor   


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3 mins read

Stock market today: Stocks waffle after sell-off as traders mull tech weakness and GDP data

The US economy grew by 2.8% last quarter, much higher than expected. Traders will be assessing the …

Max Adams   


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2 mins read

Why investors should buy into an 'egregiously expensive' stock market, Bank of America says

"We're in a different ball game here so you can't just look at the S&P today and take that P/E and …

Matthew Fox   


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Tesla earnings were tough, but the 'mojo is back' as AI to power the next phase of growth, Wedbush's Dan Ives says

Dan Ives says Tesla's AI-powered Robotaxi will mark the next phase of growth for the carmaker after…

Kelly Cloonan