Daily Digest
Daily Digest
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Everything Pomegra has published on BAC: 30 news articles and 3 market briefs, newest first.
Broadcom (AVGO) closed at $342.33 as Bank of America, Blackstone, Citi and Morgan Stanley lined up funding.
Oct 28
Morgan Stanley (MS) earned $3.03 a share on $20.3B revenue, with equities trading up 41%, yet shares slid.
Oct 14
Bank of America (BAC) faces $1.21B in penalties for late reports of over $5B in suspicious transactions.
Oct 14
Berkshire Hathaway's Q3 operating profit fell 6% to $12.7B, but CEO Greg Abel more than doubled its share repurchases to $9.6B as cash hit a record $377.4B.
Trump's Russian diesel sanctions waiver, struck in a deal with Putin, faces bipartisan backlash as the first three tankers head for US East Coast ports.
CoreWeave (CRWV) shares are down about 30% in October as a $50 billion debt load and bond yields above 15% raise doubts over AI infrastructure funding.
Eli Lilly (LLY) shares hit a record near $1,311 after Goldman raised its target to $1,413, a day after BofA, ahead of its Oct. 29 third-quarter report.
Bank of America (BAC) shares fell nearly 5% after a $1.2 billion FinCEN penalty and a Q3 2026 earnings miss, as EPS dropped to 91 cents from an expected $1.10.
Bank of America faces $1.2 billion in Treasury penalties for money-laundering and sanctions failures, including the largest fine the OCC has ever issued, one day before third-quarter earnings.
Salesforce (CRM) rose about 4% on a Bank of America double upgrade while Adobe (ADBE) fell 4% on a Wells Fargo double downgrade, splitting software stocks.
Bank of America, Citigroup and Morgan Stanley are syndicating a record $60B debt package for Anthropic's Google TPU lease, with Broadcom as guarantor.
Trump said the U.S. will not attack Iran before the Nov. 3 midterms, citing productive talks, trimming the crude oil price spike as Hormuz risks persist.
The KBW Bank Index fell 0.7% on Thursday and sits about 13% below its August peak as surging Treasury yields weigh on lenders and the Dow ends a rough September.
The 30-year Treasury yield topped 5.6% for a sixth straight gain, a 2002 high, pushing the Dow, S&P 500 and Nasdaq to a second losing session on Tuesday.
Bloomberg data shows 61% of U.S. adults now oppose local data center construction, with $30 billion in blocked projects forcing Wall Street to reprice AI infrastructure risk before November.
Circle Internet Group stock soared 16% and Coinbase gained 10% after Circle's president testified before Congress on advancing stablecoin legislation, backed by a federal banking charter no rival…
Bank of America's Hartnett issues a post-bubble crash roadmap as ai stocks drag indexes into a third consecutive losing session, with breadth and valuation signals mirroring March 2000.
BofA's Michael Hartnett warns the surging national debt clock and stubborn 5% long-bond yields are building into a structural brake on equity markets.
Bank of America's Bull & Bear Indicator hit 9.7 in August 2026 — its most extreme bullish reading in five years — triggering the first formal sell signal since 2021 and prompting strategists to…
Bank of America's closely watched Bull & Bear Indicator surged to 9.7 from 9.4 in the week ending August 5, its highest reading since 2021, prompting the firm's strategists to issue a formal sell…
Berkshire Hathaway ended 14 consecutive quarters of net stock selling in Greg Abel's first full quarter as CEO, purchasing nearly $20 billion in equities led by a $10 billion Alphabet stake.
Goldman Sachs shares advanced Monday as strong overnight fixed-income results and a broad financial-sector rotation lifted the Wall Street giant, extending a year of consistent outperformance over…
Leopold Aschenbrenner's $45 billion AI hedge fund sold its entire public equity portfolio to Ken Griffin's Citadel after 4x-leveraged semiconductor bets collapsed in July's AI market rout.
Washington is now spending more than $1 trillion a year simply to service its national debt — a threshold that fiscal analysts once flagged as a distant warning sign for 2030 but that arrived in…
JPMorgan Chase posted a record $21.2 billion quarterly profit in Q2 2026, up 41% year-over-year, as equity trading revenue surged 86% and total markets revenue hit $12.1 billion.
Bank of America (BAC) and PNC Financial Services (PNC) have been identified as the premier best bank stocks July 2026 has to offer, drawing broad analyst support as both institutions converted a…
A New York judge cleared New York AG Letitia James's $1 billion Zelle fraud lawsuit to proceed, denying Early Warning Services' dismissal bid and advancing digital payment liability scrutiny.
A Manhattan judge's refusal to dismiss the New York attorney general's Zelle fraud lawsuit keeps digital payment liability in the spotlight and sets a potential precedent for platform…
Carry trade strategies are generating their strongest global currency returns since 2009, with a Bloomberg benchmark up 17% in 2025, as muted volatility and wide interest-rate differentials draw…
US equity futures moved cautiously higher on Thursday, July 16, as renewed Iran ceasefire diplomacy and a cooling inflation reading offset chip-sector turbulence sparked by TSMC's post-earnings…
Wall Street's premarket picture turned murkier on July 14, 2026, as a third consecutive night of U.S. military strikes on Iran, a renewed naval blockade, and Brent crude pushing toward $87 a…
JPMorgan Chase posted the highest quarterly profit in its history while Bank of America's net income surged 27%, signaling a robust start to the US bank earnings season driven by trading windfalls…
Fed Chair Kevin Warsh's hawkish price stability pledge has upended Wall Street's US interest rate forecast, shifting the 2026 consensus sharply from expected cuts to probable hikes.
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