The Latest Breaking News from Bank of America

Is BofA’s Q2 revenue miss just a brief pause? Or a warning sign to rethink your position?

"A technology that can perform endless complex calculations in zero-time, warp-speeding human knowledge and development."

GE Vernova reports second-quarter earnings next week and has been handed several price target increases in recent days.

In the high-stakes world of finance, reputation is everything. Just one scandal—whether involving fraud, money laundering, or mismanagement—can collapse decades of trust in a brand name. While some companies attempt damage control with apologies or leadership shake-ups, others take the more drastic step of changing their name entirely.

The U.S. must ensure that stablecoin issuers are transparent, accountable, and properly integrated into the broader financial system. That includes rigorous audits, robust liquidity protections, and seamless integration with banking regulation.

Bank of America Corp. (NYSE:BAC) delivered second-quarter fiscal 2025 results that largely surpassed expectations, with reported earnings per share aligning with consensus estimates.

While the market absorbs a mixed bag of inflation reports and Fed projections, focus is shifting back to earnings, beginning with the largest banks. Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS) and Bank of America (NYSE:BAC) reported on Wednesday and their figures have the financial sector cheering.

Bank of America forecast that quantum computing could reach a key milestone by 2030-2033. But BofA did not rate quantum computing stocks.

U.S. stocks traded mixed this morning, with the Nasdaq falling around 0.1% on Wednesday.