T-Mobile stock gains as BofA upgrades to Buy, says satellite fears overblown Stock Market News · 07-06 20:44
ACTIVE FUNDS OUTPERFORM IN JUNE Bank of America said 53% of large-cap active funds beat their benchmarks in June, while 91% of small-cap and 71% of mid-cap funds also outperformed. Growth funds led in the first half of 2026, helped by strong technology gains, while value funds lagged due to lower exposure to semiconductor stocks. *Walter Bloomberg (@DeItaone) / Twitter · 07-06 20:21
MEMORY STOCKS REBOUND ON AI OPTIMISM Memory chip stocks rose in premarket trading after analysts called the recent pullback a buying opportunity. UBS expects the DRAM market to remain undersupplied until at least 2028, while Citi and Bank of America raised forecasts on stronger AI demand. Analysts say the recent weakness is a healthy reset—not a sign of slowing AI growth. *Walter Bloomberg (@DeItaone) / Twitter · 07-06 20:09
BOFA CEO DISMISSES RECESSION FEARS Bank of America CEO Brian Moynihan said higher interest rates are not a sign of recession but reflect a resilient U.S. economy and the Fed's effort to control inflation. Despite BofA forecasting three Fed rate hikes, Moynihan expects economic growth to remain strong while inflation gradually eases. *Walter Bloomberg (@DeItaone) / Twitter · 07-02 00:03
BOFA: HEDGE THE RALLY Bank of America is urging investors to hedge further S&P 500 gains, warning the recent rally is losing momentum and could give way to a “three-wave correction” through September. Technical strategist Paul Ciana sees the index falling as low as 6,850—about 8% below current levels—and warns that even new highs could be a “head fake” before a broader pullback. *Walter Bloomberg (@DeItaone) / Twitter · 06-30 05:18
PVH downgraded by BofA as Middle East and Europe exposure clouds outlook Stock Market News · 06-26 01:43
BOFA TURNS MORE BULLISH ON THE DOLLAR Bank of America cut its euro forecasts and now expects a stronger U.S. dollar in the second half of 2026, citing resilient U.S. economic data and a hawkish Federal Reserve. The bank sees EUR/USD ending Q3 at 1.12 and 2026 at 1.15, while warning that further Fed tightening could keep pressure on the euro. *Walter Bloomberg (@DeItaone) / Twitter · 06-25 23:59