The Latest Breaking News from BofA Securities

BofA Securities initiated coverage on Vera Therapeutics, Inc. (NASDAQ:VERA), ahead of a key catalyst in 2026 for its lead drug, atacicept, for kidney disease.

Salesforce Inc (NYSE:CRM) shares rallied in early trading on Thursday, after the company set a revenue target of $60 billion for fiscal 2030.

Much of the anticipated success comes from cultural fit, Zane Rowe said.

Shares of Lululemon Athletica Inc (NASDAQ:LULU) tanked in early trading on Friday, after the company reported mixed second-quarter results.

Broadcom Inc (NASDAQ:AVGO) shares rallied in early trading on Friday on media reports of its possible partnership with OpenAI, which is gearing up to mass-produce its first proprietary AI chip.

Can a record revenue quarter still be considered a setback? As Figma Inc.‘s (NYSE:FIG) shares plummet and analysts scramble to adjust their forecasts, the surprising details behind the numbers reveal why the market isn’t impressed.

Wall Street's sentiment on Alphabet, Inc. (NASDAQ:GOOGL) (NASDAQ:GOOG) has turned sharply positive following Tuesday's long-anticipated ruling in the DOJ search antitrust case, with the decision largely favoring the company relative to investor expectations. 

Cigna Group’s (NYSE:CI) Evernorth Health Services announced on Tuesday a $3.5 billion investment in Shields Health Solutions, a specialty pharmacy management company.

As the demand for data-driven insights and cloud-based solutions intensifies, companies providing these services are experiencing significant growth and investor interest. Snowflake Inc. (NYSE:SNOW), a leader in data cloud services, is at the forefront of this trend, capturing attention with its robust financial performance and strategic innovation.