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
Bank of America pointed to Boeing’s recent international deals, including agreements in the U.K., Qatar, the U.A.E., and China, as evidence that the company is playing a central role in global trade diplomacy.
The Oracle of Omaha has sold more than 401 million shares of Bank of America stock since mid-July 2024, and has built up a 7.7% stake in a well-known, consumer-facing business.
The regulation known as the Supplementary Leverage Ratio garnered further attention following a selloff of U.S. debt in April following Trump’s “Liberation Day” tariffs.
e.l.f. Beauty's stock price is moving higher after the company reported solid results and announced a new acquisition that is expected to accelerate growth.
Shares of data-mining and analytics company Palantir (NYSE:PLTR)
jumped 5.7% in the afternoon session after the New York Times reported on the company's expanded contracts with the US government, providing more insights into the depth and breadth of Palantir's government work, which included streamlining data sharing across government agencies under the Trump administration.
Shares of automation software company UiPath (NYSE:PATH)
jumped 6.8% in the morning session after the company reported a "beat and raise" quarter. First quarter 2025 (fiscal 2026) results exceeded Wall Street's revenue and adjusted operating income expectations.
Global markets are on the verge of a decisive move and Bank of America's chief strategist Michael Hartnett says the next big wave will be revealed through the "three B's": brokers, banks and Bitcoin (CRYPTO: BTC).
Shares of leading designer of graphics chips Nvidia (NASDAQ:NVDA)
jumped 5.1% in the morning session after the company reported impressive first-quarter 2025 (fiscal 2026) results, which blew past Wall Street's sales, operating income, and earnings expectations. Sales were fueled by the growing adoption of the Blackwell data center platform and rising inference AI workloads as management called out an "exponential" leap in demand from customers such as Microsoft, Google, and OpenAI.
Something is shifting. The world’s most seasoned investors are making an uncommon move — pulling out of markets and stockpiling cash at unprecedented levels. Warren Buffett is sitting on a historic $348 billion cash pile. Mark Mobius has 95% of his fund in cash. Stanley Druckenmiller has offloaded more than $2.5 billion in equities. This isn't routine caution — it's coordinated retreat.
BoA analysts said trade-induced geopolitical uncertainty would continue to support the metals, with growing concern about the U.S. government’s fiscal situation possibly catalyzing the next leg up.
Morgan Stanley said Nvidia is “putting digestion fears fully to rest” with accelerating growth beyond China headwinds, adding that the bear case is fading and “everything should get better from here.”
