Bank of America profit beats estimates
Digest more
Stanley Druckenmiller says he’s shorting U.S. bonds and staying out of China. Druckenmiller hasn’t said much lately about his big short on Treasurys — tho
As the Las Vegas Valley simultaneously feels the effects of slowing job growth and dipping tourism levels, alongside steady inflation and stable home prices, Philip Potamitis, Nevada market head of the Bank of Nevada, remains cautiously optimistic.
Legendary investor Warren Buffett has made it clear many times what he thinks about bull markets: He's a contrarian investor who prefers to buy stocks when they're in bargain territory. Although he has found stocks to buy in what seems to be an expensive market,
Bank of America’s chief investment officer views stock market dips and several sectors as prime buying opportunities, despite record market highs.
Discover Bank of America's robust stress test results, Q1 progress, and growth potential. Read my analysis of BAC stock.
Earnings Estimates: Analysts expect Bank of America to report second-quarter revenue of $26.81 billion, up from $25.54 billion in last year's second quarter, according to data from Benzinga Pro. The company has beaten analyst estimates for revenue in five straight quarters and in nine of the last 10 quarters overall.
The top shareholders of Bank of America are Brian Moynihan, Matthew Koder, Dean Athanasia, Berkshire Hathaway, Vanguard, and BlackRock.
Bank of America projects the total addressable market for this AI technology will grow from $45 billion in 2023 to $117 billion this year to $363 billion by year’s end, while Nvidia maintains a ...
Warren Buffett continues to sell off Bank of America shares, reducing its stake by nearly 25%. Berkshire no longer needs to report sales.