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.
Investor confidence is slipping as cash levels rise and U.S. equity exposure drops. Survey shows fading belief in U.S. exceptionalism and shift to safer assets like gold.
Explore the S&P500 index on Monday and find out which stocks are the most active in today's session. Stay updated with the stocks that are capturing market interest.
Nvidia’s (NASDAQNVDA) GPU Technology Conference (GTC) 2025, held from March 17-21 in San Jose, California, is poised to be a pivotal event for the company and its investors. With the keynote address by CEO Jensen Huang scheduled for Tuesday, March 18, expectations are high for groundbreaking announcements that
As of 11:06 AM EDT on March 17, 2025, NVIDIA Corporation (NASDAQNVDA) stock is experiencing a slight downturn, trading at $119.08, a decrease of $2.59 or 2.18% from its previous close of $121.67. This movement comes on the first day of NVIDIA’s highly
Investors funneled cash into U.S. equities at the third-highest pace in history last week, with Bank of America strategist Michael Hartnett framing it as a "correction, not a bear market," following four weeks of market turmoil.
Curious about the most active S&P500 stocks in today's session? Get insights into the stocks that are leading the way in terms of trading volume and market attention.
Shares of computer processor maker Intel (NASDAQINTC)
jumped 16.6% in the morning session after the company named Lip-Bu Tan, the former chief executive of Cadence Design Systems, as its new CEO. Following the announcement, Bank of America analysts decided it was time to change their tune, upgrading Intel from Sell to Hold. Their improved outlook is related to Tan's solid track record as they believed with him at the helm, there's a better shot at turning things around. They also raised their price target to $25.
Wall Street is also bullish on Tan’s appointment. Bank of America cited his strong track record at Cadence Design Systems, familiarity with Intel from his prior board tenure, and broad industry connections as key positives.
Bank of America anticipates that Nvidia will discuss its long-term ambitions in autonomous vehicles, physical AI, robotics, and quantum computing at the GPU Technology Conference 2025, scheduled for March 17 to 22.
Bank of America and JPMorgan issued the steepest price target reductions. Others, including KeyBanc, Stifel, Susquehanna, and UBS, see potential for long-term upside despite the near-term weakness.
