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The Latest Breaking News from Bank of America

Resignation of Lucid Motors’ veteran CEO spooks investor fear of new product delays

Bank of America downgraded the stock and slashed its price target by two-thirds after learning that Peter Rawlinson stepped down as CEO and CTO.

Fortune

Bank of America's CEO says stablecoins are coming very soon

Digital currency was among the topics discussed at the Economic Club of Washington, D.C.'s event.

Fortune

Bank of America's top exec shares parenting advice: 'Being a CEO's child is not the easiest thing'

Brian Moynihan was the featured speaker during the Economic Club of Washington, D.C.’s signature event.

Fortune

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Apple plans to hire 20,000 workers over the next four years but faces competition for AI talent

Companies across every sector are pursuing top tech talent.

Fortune

Bank of America: Nvidia Stock Will Face Outlook ‘Headwinds’ on February 26

A Bank of America analyst expects Nvidia to beat Q4 estimates but believes near-term headwinds could lead to some softness in guidance.

Barchart

Saving money is the hottest Valentine’s Day gift of 2025, according to a Trustpilot survey

With 40% planning to spend under $50 on a Valentine’s Day gift, splurging is out this holiday and saving money is in, per a new Trustpilot survey.

Fortune

Jerome Powell Commits To Addressing Debanking Concerns: 'Regulation Leads Things To Happen'

Federal Reserve Chairman Jerome Powell said that he would make sure regulations were not unintentionally keeping some people out of the banking system.

International Business Times

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Bank of America: 3 Stocks to Buy for Future Stock Split Potential

These stocks could all be split candidates in 2025 based on their share prices and historical average returns.

Barchart

Bank of America: These 2 Stocks to Buy Are ‘Winners’ From Trump’s Tariffs

With Trump’s tariff strategy giving U.S. brands a competitive edge, Bank of America sees these two names as key beneficiaries.

Barchart

"Debanking" dispute reaches Congress

Republicans held congressional hearings on crypto industry claims that traditional banks won't serve them

Salon

Trump Media's fintech platform is taking shape with 6 new ‘America First’ investment funds that will invest in the 'Patriot Economy'

After announcing its investment platform Truth.Fi last week, the company is making headway toward releasing its first investment products.

Fortune

AI-generated Trump and Musk video dupes MAGA faithful into buying fake Golden Eagles coins

One video told viewers they could trade their Golden Eagles in for a Tesla or to use for investing in SpaceX

The Independent UK

Trump Media launches fintech venture

Truth.Fi would allow “American Patriots” to invest in crypto, ETFs and other financial products

Salon

Bank of America Stock Outlook: Is Wall Street Bullish or Bearish?

Due to Bank of America’s outperformance relative to the broader market over the past year, Wall Street analysts remain bullish about the stock’s prospects.

Barchart

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The Independent UK

Trump Media set to launch its own financial investment brand

Truth.Fi to offer services to conservatives who may feel frozen out by big banks

Barchart

Crude Prices Sink on Bigger US Inventories and Easing of Tariff Concerns

March WTI crude oil (CLH25 ) Wednesday closed down -1.15 (-1.56%), and March RBOB gasoline (RBH25 ) closed down -0.0150 (-0.72%). Crude and gasoline prices Wednesday settled moderately lower, with crude falling to a 2-1/2 week low. Crude was under pressure Wednesday from a stronger dollar, and after the weekly...

Fortune

Forget the Great Wealth Transfer—Boomers and Gen X are saving the luxury market with fancy hotel stays and shopping sprees

After years in the doldrums, the luxury sector seems to be showing green shoots—Bank of America has found wealthy Gen Xers are apparently to thank.

Barchart

Crude Prices Fall as Weekly EIA Inventories Jump

March WTI crude oil (CLH25 ) today is down -0.63 (-0.85%), and March RBOB gasoline (RBH25 ) is down -0.0060 (-0.29%). Crude and gasoline prices today are moderately lower. Crude is under pressure today from a stronger dollar, and after the weekly EIA crude and gasoline inventories rose more than...

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Fortune

Trump Media expands into fintech and cryptocurrency — and the stock leaps

The president’s company will launch a fintech and investment platform called Truth.Fi to invest in ETFs and crypto.

Barchart

Crude Posts Moderate Gains on Global Supply Concerns

March WTI crude oil (CLH25 ) Tuesday closed up +0.60 (+0.82%), and March RBOB gasoline (RBH25 ) closed up +0.0223 (+1.09%). Crude and gasoline prices Tuesday posted moderate gains as they recovered from Monday's 2-week lows. The outlook for global crude supplies to remain tight is supporting prices. However, gains...

Barchart

Crude Slightly Higher on the Outlook for Global Oil Supplies to Remain Tight

March WTI crude oil (CLH25 ) today is up +0.05 (+0.07%), and March RBOB gasoline (RBH25 ) is up +0.0088 (+0.43%). Crude and gasoline prices today are slightly higher as they consolidate above Monday's 2-week lows. The outlook for global crude supplies to remain tight is supporting prices. However, gains...

MarketBeat

3 Stocks Upgraded by Bank of America – Here's Why They're Bullish

Bank of America analysts have recently shifted their views on these three stocks, leaving investors with a few points to consider.

Latin Times

James Comer Looking For Crypto Companies To Support Trump's Claim That Banks Are Blacklisting Conservatives

The House Oversight Committee is asking "tech leaders who have spoken publicly about debanking to share their stories."

Kiplinger

Stock Market Today: Dow Adds 408 Points as Trump Answers Davos Questions

Tech stocks surged late and the S&P 500 established its first new all-time closing high of 2025.

Fortune

Trump swings at Bank of America CEO Brian Moynihan and JPMorgan's Jamie Dimon at Davos: 'What you’re doing is wrong'

Spokespeople for both banks denied political affiliation is taken into account in banking decisions.

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