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In Bank of America's October Global Fund Manager Survey, investor sentiment rose to a reading of 5.6 from 3.8, marking its largest one-month increase since June 2020.
Wall Street’s largest banks are poised to report their highest fourth-quarter trading revenue in five years, as November’s election and global uncertainty sparked market moves that boosted ...
BofA Securities, Inc., [1] previously Bank of America Merrill Lynch (BAML), is an American multinational investment banking division under the auspices of Bank of America. It is not to be confused with Merrill , the stock brokerage and trading platform subsidiary of Bank of America.
In 2023, Bank of America analyst Michael Hartnett coined the term "Magnificent Seven" to describe a group of powerhouse tech stocks, inspired by the classic 1960s Western film. Over the past five ...
Instead, says Savita Subramanian, an equity strategist at Bank of America, investors should embrace the high historical valuations because the internal makeup of the stock market is a lot ...
In fact, Bank of America shares dropped as low as $2.53 in early 2009 as investors questioned whether the company could avoid bankruptcy or total nationalization.By the beginning of 2016, Bank of ...
European credit also stood out, investors said. According to Bank of America, investors have moved money into funds invested in high-quality European corporate credit for 23 consecutive weeks ...
In a note to clients, Bank of America analyst John Murphy downgraded Tesla to Neutral from Buy, claiming that most of the EV maker's upside has been recognized since the firm upgraded shares back ...