Bank of America
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financeBank of America Extends $520M Loan to OpenAI Amid IPO Push
Bank of America has provided a $520 million loan to OpenAI, signaling strong financial backing for the AI firm's infrastructure expansion and anticipated IPO.
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financeInvestors Abandon US Stocks at Record Pace, BofA Data Reveals
Bank of America recorded the largest weekly equity outflow in its history, with $14.2 billion fleeing single stocks amid a broad market sell-off concentrated in mega-cap tech.
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financeBank of America Boosts Applied Materials Price Target to $720
BofA raises AMAT target amid a $2.7 trillion semiconductor market forecast, citing AI and memory chip demand despite stock volatility.
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financeBank of America Reports Record $9B Tech Fund Outflow Amid AI Rally Pause
Institutional investors led a $14.4B weekly outflow from US stocks, with tech sector exodus at a 17-year high, signaling a potential shift in the AI-fueled market rally.
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financeEx-Bank of America Employee Arrested for Alleged Theft of $139K From Elderly Clients
A former Nashville branch employee faces multiple felony charges for allegedly stealing over $139,000 from two elderly Bank of America customers.
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financeBessent Pitches Trump Accounts, Names Mamdani Democratic Leader
Treasury Secretary Scott Bessent promotes a government stock ownership program for children, with 5M accounts opened, and declares NYC Mayor Zohran Mamdani the new Democratic leader after primary wins.
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financeBank of America Predicts Three Fed Rate Hikes in 2026
Bank of America forecasts three interest rate increases by the Fed in 2026, signaling a hawkish monetary policy shift.
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financeEighty Percent of Fund Managers Call Semiconductor Trade Overcrowded
Bank of America's June survey reveals near-unanimous institutional fear of heights as the Philadelphia Semiconductor Index hits all-time highs.