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Bank of America’s hidden losses: Surging rates are drawing renewed attention to banks’ balance sheets.
axios.com/2024/04/24/bank-of-america-interest-rate-losses
Bank of America’s hidden losses
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TikTok CEO expects to defeat US restrictions: 'We aren't going anywhere': TikTok's chief executive said on Wednesday that the company expects to win a legal ...
reuters.com/technology/tiktok-ceo-expects-defeat-us-restrictions-we-arent-going-anywhere-2024-04-24/
TikTok CEO expects to defeat US restrictions: 'We aren't going anywhere'
Quick Glance: ByteDance Would Consider Closing TikTok in US Over Sale, Sources Claim
  • ByteDance would prefer to cease TikTok operations rather than engage in a sale if all legal avenues are exhausted to combat potential legislation banning the platform in US app stores, as per four sources.

  • Despite TikTok's massive popularity with over a billion users, it remains unprofitable, contributing a small fraction to ByteDance's overall revenues and daily active user base.

  • ByteDance stated on Thursday in a release on Toutiao, a media platform it possesses, that there are no intentions to sell TikTok, in response to claims from The Information about ByteDance exploring sale scenarios for TikTok's US operations excluding the recommending algorithm for user videos.

  • As of December, ByteDance's valuation stood at $268 billion when it proposed a buyback of approximately $5 billion in shares from investors.
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20 bank holding companies with the largest business loan portfolios : The top five bank holding companies have combined business loan portfolios of more than $2 ...
americanbanker.com/list/20-bank-holding-companies-with-the-largest-business-loan-portfolios
20 bank holding companies with the largest business loan portfolios
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Tesla stock price outlook: BofA sees 35% upside after Q1 earnings miss: "The tide in news flow appears to suggest the risk to the stock is skewing more ...
markets.businessinsider.com/news/stocks/tesla-stock-price-outlook-bofa-upgrade-buy-q1-earnings-robotaxi-2024-4
Tesla stock price outlook: BofA sees 35% upside after Q1 earnings miss
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Bank of America Boycott Calls Grow After MAGA Accounts Closed: Trump lawyer John Eastman claims he was "de-banked" for helping the former president try to ...
newsweek.com/bank-america-boycott-maga-john-eastman-1892134
Bank of America Boycott Calls Grow After MAGA Accounts Closed
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How JPMorgan’s Cash Call Beat Bank of America: Jamie Dimon’s bank kept much of the pandemic-era gusher of cash in money markets or at the Fed ...
bloomberg.com/opinion/articles/2024-04-22/how-jpmorgan-s-cash-call-beat-bank-of-america
How JPMorgan’s Cash Call Beat Bank of America
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Meta earnings preview: What Wall Street expects from Facebook parent: Wall Street is upbeat heading into Meta Platforms' first-quarter earnings ...
markets.businessinsider.com/news/stocks/meta-earnings-preview-1q-stock-price-outlook-ai-instagram-reels-2024-4
Meta earnings preview: What Wall Street expects from Facebook parent
Quick Glance: Meta Quarterly Results: Revenue Expectations Lowered, Stock Fell
  • Meta's quarterly results exceeded expectations, but the revenue forecast for the next quarter was lowered.

  • Despite successful ad business and increasing user numbers, Meta's stock experienced a drop of over 10 percent.

  • Analysts caution about Meta's reduced revenue expectations for the second quarter, leading to investor skepticism.

  • Zuckerberg plans to significantly increase investments in AI models in the coming years to enhance Meta's leading position in the artificial intelligence domain.
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Apple stock price prediction: 36% upside ahead of AI-enabled iPhone 16: Bank of America said Apple could announce a 5% dividend increase and $90 billion share ...
markets.businessinsider.com/news/stocks/apple-stock-price-prediction-upside-ahead-ai-enabled-iphone-16-2024-4
Apple stock price prediction: 36% upside ahead of AI-enabled iPhone 16
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Bank Of America Rebound Hinges On Post-Earnings Action: Bank of America could be a buy or a sell on post-earnings action. Morgan Stanley reports first EPS gain ...
investors.com/news/bank-of-america-morgan-stanley-pnc-banks-earnings/
Bank Of America Rebound Hinges On Post-Earnings Action
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For $PNC, $500 Billion of Assets Isn’t Enough to Take on $JPM and $BAC: US banks like PNC that compete with JPMorgan and Bank of America shouldn’t be discouraged ...
bloomberg.com/opinion/articles/2024-04-25/for-pnc-500-billion-of-assets-isn-t-enough-to-take-on-jpm-and-bac
For $PNC, $500 Billion of Assets Isn’t Enough to Take on $JPM and $BAC
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Bank of America's 4-step plan: This is how the Tesla price rises again: After being upgraded to buy, Tesla stock could rise again, according to Bank of America ...
businessinsider.de/wirtschaft/4-stufen-plan-der-bank-of-america-so-steigt-der-tesla-kurs-wieder/
Bank of America's 4-step plan: This is how the Tesla price rises again
Quick Glance: Tesla: Prices Reduced in Germany - Musk's Strategies
  • Tesla lowers prices in Germany to increase inventory and sales.

  • Elon Musk addresses price complaints and emphasizes the need for flexible pricing.

  • Buyers of Tesla vehicles during expensive phases may face depreciation.

  • Tesla implements additional measures to boost sales, such as price cuts in the USA and adjustments in the Supercharger network.
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Microsoft earnings preview: Strong Azure, 365 growth as AI ramps up: Bank of America raised Microsoft's earnings estimate by 1% above its $60 ...
markets.businessinsider.com/news/stocks/microsoft-earnings-preview-stock-price-target-ai-azure-bofa-msft-2024-4
Microsoft earnings preview: Strong Azure, 365 growth as AI ramps up
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China economy: BofA upgrades China's GDP forecast after strong Q1: BofA still doesn't expect "a full-blown growth rebound" as China grapples with a real estate ...
businessinsider.com/china-economy-growth-forecast-real-estate-investment-manufacturing-demand-bofa-2024-4
China economy: BofA upgrades China's GDP forecast after strong Q1
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Tesla's Musk predicts AI will be smarter than the smartest human next year: Tesla Chief Executive Elon Musk on Monday said artificial intelligence that was ...
reuters.com/technology/teslas-musk-predicts-ai-will-be-smarter-than-smartest-human-next-year-2024-04-08/
Tesla's Musk predicts AI will be smarter than the smartest human next year
Quick Glance: Elon Musk Predicts AI Surpassing Human Intelligence Next Year
  • Elon Musk predicts that artificial intelligence will surpass human intelligence by the end of next year, given the necessary infrastructure to meet technological demands.

  • Musk anticipates that AI capabilities will likely exceed those of all humans in the next five years.

  • A series of AI breakthroughs in the past 18 months have accelerated development faster than expected, with Musk being more optimistic than previous forecasts.

  • Musk has intensified his efforts to enter the AI race by seeking funding for his own AI startup to compete with OpenAI, while also advocating for a pause in the development of advanced AI systems.
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Stock Market Crash: 3 Charts Show Market Headed For Trouble: "We say rising no landing risks = rising hard landing risks," says Michael Hartnett.
businessinsider.com/stock-market-crash-bubble-charts-trouble-ahead-bank-of-america-2024-4
Stock Market Crash: 3 Charts Show Market Headed For Trouble
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Union with little inroads at banks tries to organize Wells Fargo workers in Charlotte
charlotteobserver.com/news/business/article284339359.html
Union with little inroads at banks tries to organize Wells Fargo workers ...
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'Chaotic era' for Asian currencies: Bank of America is not bullish on any of them
cnbc.com/2024/04/24/bank-of-america-not-bullish-on-asian-currencies-cites-chaotic-era.html
'Chaotic era' for Asian currencies: Bank of America is not bullish on any ...
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NPR suspends veteran editor as it grapples with his public criticism : NPR has suspended Senior Editor Uri Berliner after he wrote an essay accusing the public ...
npr.org/2024/04/16/1244962042/npr-editor-uri-berliner-suspended-essay
NPR suspends veteran editor as it grapples with his public criticism
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Merrill coheads share their playbook for winning clients, advisors: Merrill's Lindsay Hans and Eric Schimpf took over after Andy Sieg's surprise exit ...
businessinsider.com/merrill-coheads-hans-schimpf-share-playbook-winning-clients-advisors-2024-4
Merrill coheads share their playbook for winning clients, advisors
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Fed rate cuts: Best-case scenario in tatters after hot March inflation: Not only are the number of rate cuts dwindling among bank forecasts, but Larry Summers ...
markets.businessinsider.com/news/stocks/fed-rate-cuts-outlook-inflation-rate-cpi-stock-market-economy-2024-4
Fed rate cuts: Best-case scenario in tatters after hot March inflation
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NPR defends its journalism after senior editor says it has lost the public's trust
npr.org/2024/04/09/1243755769/npr-journalist-uri-berliner-trust-diversity
NPR defends its journalism after senior editor says it has lost the ...
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Bank of America Losses on Bond Portfolio Hit $109 Billion in First Quarter as Rates Rose
on.barrons.com/43Y7GbL
Bank of America Losses on Bond Portfolio Hit $109 Billion in First Quarter ...
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Gold Price Suffers Biggest Daily Loss In 2 Years: Still, all that glitters has been gold for investors, as its 2024 gain of about 15% has far outpaced the ...
forbes.com/sites/dereksaul/2024/04/22/gold-price-suffers-biggest-daily-loss-in-2-years/
Gold Price Suffers Biggest Daily Loss In 2 Years
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Reserve Bank set to update interest rate outlook as oil prices spike: Business & Investing: The price of a barrel of oil surged above US$90 a barrel for the ...
newsroom.co.nz/2024/04/08/reserve-bank-set-to-update-interest-rate-outlook-as-oil-prices-spike/
Reserve Bank set to update interest rate outlook as oil prices spike
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Stock market today: strong earnings fuel comeback from losing streak: Stocks trended higher on Tuesday as earnings continued to deliver better-than-expected ...
markets.businessinsider.com/news/stocks/stock-market-today-earnings-first-quarter-fed-rate-cuts-geopolitics-2024-4
Stock market today: strong earnings fuel comeback from losing streak
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Tesla quarterly figures: This is what four major Wall Street companies are expecting
businessinsider.de/wirtschaft/international-business/das-erwartet-die-wall-street-von-tesla-quartalszahlen/
Tesla quarterly figures: This is what four major Wall Street companies are ...
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20 bank holding companies with the largest consumer loan portfolios: The top five bank holding companies have combined total consumer loan portfolios of more ...
americanbanker.com/list/20-bank-holding-companies-with-the-largest-consumer-loan-portfolios
20 bank holding companies with the largest consumer loan portfolios
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Strong economy can be double-edged sword for Biden if rates stay high: Higher inflation could lead the Federal Reserve to keep interest rates — and mortgage ...
washingtonpost.com/business/2024/04/13/biden-inflation-federal-reserve/
Strong economy can be double-edged sword for Biden if rates stay high
Quick Glance: Biden's New Perspective on Inflation: Trump Would Be Worse
  • The White House warns that inflation would worsen if Trump is re-elected as a strategy to sway voters.

  • March's inflation increase surpassed expectations, undermining Biden's claim of lowering prices.

  • Rising oil prices due to geopolitical tensions could lead to higher gas prices, a concern for the White House.

  • Biden emphasizes fighting inflation as top priority while experts debate the impact of his economic stimulus packages.
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The top 11 sports bankers, from Goldman Sachs to Inner Circle Sports: Sports M&A is hot. Meet the 11 investment bankers raking in millions in fees on the front ...
businessinsider.com/top-investment-bankers-leading-sports-mergers-acquisitions-and-investments
The top 11 sports bankers, from Goldman Sachs to Inner Circle Sports
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This Bank-Stock Fund Owns Coinbase and PayPal. The Manager Explains Why.: The Hennessy Large Cap Financial Fund is betting on fintech leaders.
barrons.com/articles/bank-stock-fund-coinbase-paypal-272ca62d
This Bank-Stock Fund Owns Coinbase and PayPal. The Manager Explains Why.
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JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects
cnbc.com/2024/04/12/jpmorgan-chase-jpm-earnings-q1-2024.html
JPMorgan Chase is set to report first-quarter earnings — here’s what the ...
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Stock market news today: US stocks flat amid Wall Street uncertainty: Investors appear cautious amid unease over Middle East tensions, expected delays to ...
businessinsider.com/stock-market-news-today-futures-level-wall-street-geopolitical-uncertainty-2024-4
Stock market news today: US stocks flat amid Wall Street uncertainty
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Why hospital wait times are so bad: The US may be recovering from a physician shortage, but don't expect to spend less time in hospital waiting rooms this year.
businessinsider.com/why-hospital-wait-times-are-bad-physician-shortage-low-pay-2024-4
Why hospital wait times are so bad
Profile picture of Insider (news website)
Apple stock price has 28% upside as Wall Street underestimates profits: In 2018, Wall Street estimated Apple would see profit margins of about 39% in 2023 ...
markets.businessinsider.com/news/stocks/apple-stock-price-outlook-big-upside-wall-street-underestimates-profits-2024-4
Apple stock price has 28% upside as Wall Street underestimates profits
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Wells Fargo has worn its dunce cap long enough: The problem child of U.S. banking has been sitting on the naughty step for six long years ...
reuters.com/breakingviews/wells-fargo-has-worn-its-dunce-cap-long-enough-2024-04-18/
Wells Fargo has worn its dunce cap long enough
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As US bank profits drop, focus shifts to interest income outlook: As U.S. banking giants prepare to report slightly lower first-quarter profits ...
reuters.com/business/finance/us-bank-profits-drop-focus-shifts-interest-income-outlook-2024-04-10/
As US bank profits drop, focus shifts to interest income outlook
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Next UN climate summit will focus on finance: Funding is "critical" to capping the effects of climate change, a top official argues.
axios.com/2024/04/25/cop29-climate-fund-talks
Next UN climate summit will focus on finance
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Tesla stock price target cut at BofA on concerns of weak EV demand: "We see it hard for the company to generate additional sales with its current product ...
markets.businessinsider.com/news/stocks/tesla-stock-price-target-cut-bofa-weak-ev-demand-concerns-2024-4
Tesla stock price target cut at BofA on concerns of weak EV demand
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Tesla (TSLA) Q1 earnings preview: What to expect as stock drops on price cuts: Tesla is facing uncertainty as it pivots away from low-cost vehicles towards ...
markets.businessinsider.com/news/stocks/tesla-q1-earnings-preview-street-estimates-tsla-stock-price-elon-2024-4
Tesla (TSLA) Q1 earnings preview: What to expect as stock drops on price ...
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Nvidia stock price has 26% upside even as headwinds spark sell-off: BofA notes that the latest rout is the ninth time the stock has fallen more than 10% since ...
markets.businessinsider.com/news/stocks/nvidia-stock-price-outlook-correction-competition-google-intel-ai-chips-2024-4
Nvidia stock price has 26% upside even as headwinds spark sell-off
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Aston Martin Plans to Sell Gas-Engined Cars Well into the 2030s: Executive chairman Lawrence Stroll says customers want "sounds and smells" from their sports ...
caranddriver.com/news/a60471219/aston-martin-electric-car-production-plans-revealed/
Aston Martin Plans to Sell Gas-Engined Cars Well into the 2030s
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Opinion | Boston Marathon Medal Shows You Can’t Outrun Commercialism: Bank of America’s name right below the iconic unicorn shows that sometimes concessions in ...
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Opinion | Boston Marathon Medal Shows You Can’t Outrun Commercialism
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Senators Ask Bank Of America For Details About Leon Black’s Payments To Jeffrey Epstein, Report Says
go.forbes.com/c/M2g3
Senators Ask Bank Of America For Details About Leon Black’s Payments To ...
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Aston Martin Plans to Sell Gas-Engined Cars Well into the 2030s: Executive chairman Lawrence Stroll says customers want "sounds and smells" from their sports ...
caranddriver.com/news/a60471219/aston-martin-electric-car-production-plans-revealed/
Aston Martin Plans to Sell Gas-Engined Cars Well into the 2030s
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Record gold prices have the metal overvalued as recession fears dim: BofA: Surveyed investors are at their most bullish in two years, with 78% considering a ...
markets.businessinsider.com/news/commodities/gold-price-commodities-recession-hard-landing-fed-rate-cut-outlook-2024-4
Record gold prices have the metal overvalued as recession fears dim: BofA