Bank of America legal hangover lingers
Bank of America posted a surprise quarterly loss, sending shares lower, as the bank sets aside a bigger-than-expected $6 billion stockpile to cover legal expenses. Conway G. Gittens reports.
The company, worth billions during the pandemic, suddenly stopped operations and laid off all its workers.
GameStop's main meme trader "Roaring Kitty" posted an update on where his holdings of the video game maker stand, and despite a two-day downturn in the shares, he's still in the green.
Inflation is a pressing issue for all U.S. citizens, but retirees are more likely to bear the brunt. If Joe Biden's tax hike proposal is greenlit, the financial struggle for citizens, particularly retirees, could intensify. Here's a breakdown of how Biden's proposed tax hikes could impact your savings. Don't Miss: 82% of Americans aren’t using this government secured 5% passive income stream, are you one of them? Can you guess how many retire with a $5,000,000 nest egg? – How does it compare to
This is what could happen next to AMD shares.
There is at least one big reason why this stock is trading at a cheap valuation, but the discount is overdone.
Berkshire Hathaway has bought more than $78 billion worth of this stock in less than six years.
(Bloomberg) -- Wall Street’s most prominent trading desks from JPMorgan Chase & Co. to Citigroup Inc. are urging investors prepare for a stock market jolt this week after the latest inflation print and the Federal Reserve’s interest-rate decision, both of which arrive on Wednesday. Most Read from BloombergRussia Is Sending Young Africans to Die in Its War Against UkraineInvestment Bank Moelis Probes Incident After Video of Employee Appearing to Punch WomanMacron Gambles on Snap French Election i
Nvidia stock began trading Monday after its 10-for-1 stock split and received price-target hikes from three Wall Street analysts.
Nvidia is winning big from the growing adoption of AI chips, but this semiconductor company seems better positioned to make the most of the AI opportunity.
Three supercharged stocks, which all recently announced and/or completed stock splits, may have additional room to run.