bank of america - Unusual Whales

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bank of america

A collection of 6 posts

bank of america

Bank of America strategist says she's most bullish in the last decade

Per CNBC Equity strategist of Bank of America, Savita Subramanian, has given recent statements regarding the market, saying she was the "most bullish" for the first time in the last decade. Subramanian: "I think the market is more rational than it's been in a decade.

bank of america

Bank of America says Nvidia stock can go up another 26% amid AI

Per Business Insider The Bank of America has recently commented on Nvidia's position and how its stock could go up by another 26%. This comes as the company has cemented its place in AI by focusing on the software, silicon, and more. Bank of America: "Nvidia [is]

bank of america

Bank of America clients pulled out $2.3 billion from the equities market for the second consecutive week

Per Bloomberg Clients of Bank of America have pulled out $2.3 billion from the equities market for the second consecutive week. This was for all sizes of US equities. The news came from Bank of America strategists that were led by Jill Carey Hall. Hall released the information in

bank of america

Bank of America clients pulled $451 million from real estate stocks amid commercial property concerns

Per BI Clients of Bank of America have decided to pull almost half a billion from real estate stocks. Due to fears regarding commercial property concerns, clients have pulled $451 million from real estate stocks. Bank strategists led by Jill Carey Hill wrote in a note that this was the

bank of america

Bank of America benefited from Silicon Valley Bank's collapse as it received over $15 billion in new deposits

Per CNBC TV18 Bank of America is among the entities that have benefited greatly from the collapse of Silicon Valley Bank. The bank received over $15 billion in new deposits, per Bloomberg. Silicon Valley Bank recently collapsed as more users started withdrawing money, and the bank struggled to supply deposits.

bank of america

Bank of America expects the second half of 2023 to be affected by the delayed US recession

Per Bloomberg A Bank of America strategist says that the stock market will take a hit in the second half of this year and that the drop would be due to the delayed recession in the US. Executive Vice President Michael Harnett led a team that came up with the