BofA profit jumps on trading boost, sees higher 2025 interest income
Bank of America reported higher profit on Thursday as its traders benefited from a flurry of activity in the fourth quarter ...
Stock market today: Asian shares advance after inflation data drives a rally on Wall Street
TOKYO (AP) — Asian shares mostly rose Thursday, following a rally on Wall Street driven by encouraging update on U.S.
Bank of America and Morgan Stanley cement a Wall Street revival
Four-quarter profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled, cementing a Wall Street revival that ...
Big bank beats keep coming, but investor reaction more mixed
Bank of America and Morgan Stanley were two highlights from a second day of earnings reports from major American financial institutions. Investors cheered Wednesday's results, sending shares of ...
Bargain hunting? This value manager has scooped up Airbnb, an AI-healthcare play and a GE spinoff
That's as value stocks have lagged behind. Vanguard's S&P 500 large-cap value ETF VOOV returned 9.8% last year and 19% in 2023, while its large-cap growth ETF VOOG returned 35% and 28%, respectively.
Morgan Stanley Profit More Than Doubles in First Year Under CEO Pick
Morgan Stanley turned in $3.7 billion of profit in the fourth quarter, up 147% from a year earlier and exceeding analysts’ ...
Bank of America Expects First-Quarter NII of Up to $14.6 Billion
Bank of America said Thursday that it expected to earn between $14.5 billion and $14.6 billion of net interest income—on a ...