Apple will need to raise iPhone prices by 9% to offset Trump’s tariffs, Bank of America says
Apple will need to hike prices by around 9% to mitigate the impact of tariffs put into place by President Donald Trump, according to Bank...
Tag : America
Bank of America upgrades to buy Capital One ahead of Discover acquisition
Bank of America sees Capital One ‘s planned acquisition of Discover as a positive catalyst. Analyst Mihir Bhatia upgraded Capital One to buy from neutral....
Trump Is Scrambling Global Automakers’ Reliance on America
Facing intense competition in China and heavy regulation in Europe, overseas automakers were counting on the U.S. to keep their engines humming. Then came Trump’s...
Bank of America Survey: Trade war fears rise as US equities remain overvalued
Investor concerns over a potential global trade war are escalating, with 42% of fund managers in Bank of America’s latest survey citing it as the...
Bank of America likes these assets, and some have coupons exceeding 7%
Investors on the hunt for portfolio income may want to look at newly issued preferred securities from banks, according to Bank of America. Preferred securities...
Warren Buffett’s Berkshire Hathaway adds Constellation Brands shares, sells more Bank of America
Warren Buffett’s Berkshire Hathaway continued selling its big Bank of America stake in the fourth quarter, while the conglomerate added a new holding in Constellation Brands...
Bank of America: Strong CPI underscores Fed’s caution, rate hikes back in discussion
Bank of America analysts say the latest Consumer Price Index (CPI) report delivered another upside surprise, reinforcing the case for the Federal Reserve to keep...
Super Bowl betting and Eagles win to boost DraftKings, Bank of America says
Sports betting company Draftkings could see strong gains ahead thanks to this year’s Super Bowl betting activity and the Philadelphia Eagles’ victory, according to Bank...
Next catalyst for delivery stock may be entering S&P 500, says Bank of America
Following DoorDash ‘s latest earnings report, Bank of America sees its possible entry into the S & P 500 index as a potential near-term driver...
Bank of America says there’s a rotation to bank stocks from buzzy tech
Bank of America said investors appear to be swapping attention-catching growth names for an admittedly more boring group: banks. For more than two years, technology...