The data-center opportunity is becoming much broader than GPUs
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Oil snapped its run of recent gains, as limited progress over a deal to end the Iran war left traders parsing how much oil is crossing the Strait of Hormuz. Francisco Blanch, Head: Commodities & Derivatives Research at Bank of America, discusses the global energy crunch and commodity outlook.

Can Wells Fargo sustain its 20.5% three-month gain as asset cap removal, NII growth and capital returns strengthen its growth outlook? Let us find out.

Advanced Micro Devices Inc. is planning to raise as much $5 billion in what could be the chipmaker’s biggest-ever investment-grade bond sale, adding to a wave of debt tied to the artificial intelligence boom.

Cisco Systems Inc (NASDAQ:CSCO, XETRA:CIS) reported fiscal fourth-quarter revenue of $17.3 billion, up 18% year-over-year and above the $16.82 billion analyst estimate, as networking demand and artificial intelligence orders drove growth. Non-GAAP earnings per share came in at $1.22, up 23%...

Each stock in this article is trading near its 52-week high. These elevated prices usually indicate some degree of investor confidence, business improvements, or favorable market conditions.
Intel stock rebounds after dilution fears. BofA sees foundry upside
Investing.com -- Bank of America raised its forecast for the server CPU market, saying the rise of AI agents is expanding the opportunity for central processing units in data centers.

The deal will bring together Jio Financial Services’ digital distribution with Bank of America’s financial services capabilities.

Vast swaths of land and buildings are on the market, with more to come as financially distressed schools close around the country.

Bank of America stock has delivered a 138.5% return over the past three years, yet current valuation checks indicate the shares still sit below an intrinsic value estimate from the Excess Returns model and also screen as undervalued on earnings based multiples. A 138.5% three year return puts Bank of America among the stronger performers in large cap financials, which raises the bar for what counts as an attractive entry price now. The joint venture with Jio Financial Services in India and...

BofA's Aditya Bhave defends the bank's three-hike Fed forecast after July's CPI report, saying tightening remains incomplete.
Financial stocks were higher in late Wednesday afternoon trading, with the NYSE Financial Index up 0

Intel Corp (NASDAQ:INTC, XETRA:INL) priced roughly $20 billion in new equity this week, a move analysts at BofA Securities said reflects growing confidence in the chipmaker's foundry business rather than a defensive balance-sheet play. The bank estimates the offering, which includes a 15%...

Bank of America (NYSE:BAC) said on August 12 that it will deploy $250 billion by July 2027 to finance US digital and infrastructure projects, from data centers to power grids to natural gas pipelines. The bank calls it the Critical Infrastructure Finance Initiative, arriving while the stock already carries a track record of outgrowing its […]

Every few quarters, the debate around Nvidia moves. For a while, it was about whether AI demand was real. Then it was about whether margins could hold. Now, heading into its August 26 earnings report, the question is whether the next product cycle can keep a company already running at this pace ...
Financial stocks were mixed in Wednesday afternoon trading, with the NYSE Financial Index up 0.3% an
The bank's 18-month initiative targets data centers, semiconductors, power generation and transportation infrastructure.

Aug 12 (Reuters) - Bank of America will acquire up to 49.9% stake in Jio Credit, a unit of Jio Financial Services, for as much as 182.68 billion rupees ($1.92 billion), the companies said on Wednesday
(Bloomberg) -- The latest reason to worry about the stock market is quite the doozy: Earnings growth has been too strong. Most Read from BloombergPhoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn’t DriveTrump Weighs Call for Capital Gains Tax Cuts as Midterm BoostTata Sons Chairman to Step Down, Deepening Leadership TurmoilFive Takeaways From Zuckerberg’s 6,500-Word Manifesto on AIEpstein Victim Files Cleared for Release Over Maxwell’s ProtestAs the latest reporting season nears

The bank's Critical Infrastructure Finance Initiative targets digital, energy, and core infrastructure projects through July 4, 2027

BAC plans to acquire MDSec to strengthen cybersecurity, adding 65 specialists as AI and digital banking raise cyber risks.

Bank of America, Morgan Stanley, and JPMorgan Chase have pledged billions to invest in critical infrastructure including AI hardware.
BofA will lend, bank, invest in and advise on projects such as data centers, power generation and transportation.
SMCI stock surged in pre-market trade to levels not seen since late June.

By Saeed Azhar and Pritam Biswas NEW YORK, Aug 12 (Reuters) - Bank of America said on Wednesday it plans to deploy $250 billion by July 2027 to support U.S. digital and infrastructure projects, a move

Bank of America said on Wednesday it plans to deploy $250 billion through July next year to support U.S. digital and infrastructure projects, an initiative it says will bolster the country's economic growth and help create tens of thousands of jobs. The Wall Street bank's "Critical Infrastructure Finance Initiative," launched on the heels of the nation's 250th anniversary celebrations, will include primary market lending, investments, capital markets services, and banking and advisory offerings.

America's biggest financial firms are lining up to unlock vast sums of private capital for infrastructure investment.

Bank of America is launching a $250 billion initiative to finance U.S. data centers, energy, semiconductors, transportation and other critical infrastructure
