Today: 12 June 2026
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NYSE:BAC 11 April 2026 - 12 June 2026

Bank Of America To Pay $2.25M Over ATM Fees

Bank of America Stock Reacts as Rates Shift: BAC on Watch

Bank of America closed Friday at $53.83, caught between a stronger-than-expected U.S. jobs report that pushed Treasury yields higher and anticipation for Co-President Jim DeMare’s update at Tuesday’s Morgan Stanley U.S. Financials Conference, with investors watching for signals on deposit costs, loan demand, and capital return as rate and inflation dynamics drive near-term stock moves.
Dow Jumps as Oil Drops; Wall Street Watches Broadcom AI Moves

Dow Jumps as Oil Drops; Wall Street Watches Broadcom AI Moves

Dow surges 1.6% to a record 51,496.83 as investors rotate into healthcare and financial stocks after Wednesday’s selloff, while Broadcom plunges 11.2% on missed revenue and flat AI-chip guidance, capping Nasdaq gains; oil drops 3% on Middle East ceasefire hopes, but risks from chip sector weakness and geopolitical tensions remain, Reuters reports.
Goldman Sachs Jumps as Dow Sets New High

Goldman Sachs Jumps as Dow Sets New High

Goldman Sachs shares surged 4.6% to $1,095.89, powering the Dow to an all-time high as investors rotated into financials; the move was amplified by Goldman’s high share price in the price-weighted Dow, while the bank’s lead role in the $75 billion SpaceX IPO and strong Q1 earnings added momentum, even as analysts flagged risks from high IPO valuations and geopolitical uncertainty.
Bank of America faces another test this week after Friday rebound

Bank of America faces another test this week after Friday rebound

Bank of America shares dipped 0.4% for the week to $51.60 despite a Friday rebound, as investors eyed the upcoming U.S. jobs report for interest rate clues. CEO Brian Moynihan projected Q2 trading revenue up 15% year-over-year and said net interest income could hit the top of the 6–8% target range. For Q1, BAC reported $30.3 billion revenue net of interest expense, $8.6 billion net income, and $1.11 EPS.
31 May 2026
Bank of America climbs as Wall Street rally returns momentum to big banks

Bank of America climbs as Wall Street rally returns momentum to big banks

Bank of America shares climbed 1% to $51.19 Wednesday as financial stocks advanced and bond yields eased. The company reported Q1 revenue of $30.3 billion and net income of $8.6 billion. Bank of America, Citigroup, and JPMorgan are set to help lead SpaceX’s expected IPO, with Goldman Sachs in the top role, according to Reuters. U.S. convertible bond issuance hit $34 billion so far in 2026, more than double last year.
20 May 2026
Bank Of America To Pay $2.25M Over ATM Fees

Bank Of America To Pay $2.25M Over ATM Fees

Bank of America will pay $2.25 million to settle claims it charged some customers multiple out-of-network balance-inquiry fees at 7-Eleven ATMs, according to court documents. Eligible account holders must file claims by June 29. A final approval hearing is set for Aug. 21 in San Diego federal court. Payments depend on the number of valid claims and court-approved deductions.
17 May 2026
BofA 7-Eleven ATM Settlement Opens, Deadline June 29 for Former Clients

BofA 7-Eleven ATM Settlement Opens, Deadline June 29 for Former Clients

Bank of America agreed to pay $2.25 million to settle claims it charged duplicate balance-inquiry fees at FCTI-owned ATMs in 7-Eleven stores. Former account holders must file claims by June 29; current customers will receive automatic credits if the court approves the deal. Final approval is set for Aug. 21 in San Diego federal court. The class period covers May 2018 to November 2021.
16 May 2026
US Stock Market Today: Futures Wobble as Oil Shock Tests Wall Street’s Record Rally

US Stock Market Today: Futures Wobble as Oil Shock Tests Wall Street’s Record Rally

U.S. crude futures jumped 2.3% to $97.64 a barrel early Monday after President Trump rejected Iran’s response to a U.S. peace proposal, keeping the Strait of Hormuz largely closed. Stock-index futures were flat, with S&P 500 futures down 0.02%. Airlines fell premarket on higher fuel costs, while AI chip stocks were mixed. BofA and Goldman Sachs delayed Fed rate-cut forecasts, citing rising energy prices.
CoreWeave Stock’s $66.8 Billion Question: Can AI Backlog Become Real Revenue?

CoreWeave Stock’s $66.8 Billion Question: Can AI Backlog Become Real Revenue?

CoreWeave will report first-quarter results May 7 after the market close, with Wall Street expecting a loss of 91 cents per share on $1.97 billion in revenue. Shares traded at $127.89, up 2% premarket. The company ended 2025 with a $66.8 billion revenue backlog and recently signed major deals with Meta, Anthropic, and Jane Street. Guidance calls for up to $2 billion in Q1 revenue and $30–$35 billion in 2026 capital spending.
Bank of America’s $16 Billion Oracle AI Data Center Deal Puts Wall Street’s AI Bet Under a Harsh Light

Bank of America’s $16 Billion Oracle AI Data Center Deal Puts Wall Street’s AI Bet Under a Harsh Light

Bank of America acted as structuring agent and financial advisor on a $16 billion financing for an Oracle-linked data center in Saline Township, Michigan. The bank sold $14 billion in bonds for the project, with Blackstone contributing $2 billion in equity. PIMCO bought about $10 billion of the bonds. Local opposition over power use and environmental impact continues.
US Stock Market Today: S&P 500, Nasdaq Hit Record Highs as Wall Street Bets on Ceasefire, Earnings

US Stock Market Today: S&P 500, Nasdaq Hit Record Highs as Wall Street Bets on Ceasefire, Earnings

The S&P 500 and Nasdaq hit new intraday highs Thursday, with the S&P 500 up 0.27% and the Nasdaq rising 0.38% by late morning. Strong earnings from major banks and tech optimism fueled gains, while oil prices climbed as traders doubted progress in Middle East talks. Jobless claims fell to 207,000, but U.S. manufacturing output slipped 0.1% in March.
S&P 500 Hits Record High as Iran Deal Hopes, Bank Earnings Lift Wall Street

S&P 500 Hits Record High as Iran Deal Hopes, Bank Earnings Lift Wall Street

The S&P 500 closed at a record 7,022.95 and the Nasdaq at 24,016.02 on Wednesday, erasing losses from the March selloff tied to the Feb. 28 conflict. Bank of America reported $8.6 billion in first-quarter net income, up 17%, while Morgan Stanley posted record revenue. Talks between Washington and Tehran raised hopes for easing oil supply fears, but Brent crude stayed elevated at $94.93 a barrel.
16 April 2026
Dow Jones Today: Dow Lags as S&P 500 Hits Record High on Iran Talk Hopes, Bank Earnings

Dow Jones Today: Dow Lags as S&P 500 Hits Record High on Iran Talk Hopes, Bank Earnings

The Dow Jones fell 0.4% to 48,346.52 by midday Wednesday, while the S&P 500 hit an intraday record and the Nasdaq gained 1.05%. Bank of America reported $8.6 billion in quarterly profit, beating forecasts, and Morgan Stanley posted record equities trading revenue. Hopes for renewed U.S.-Iran talks and strong bank earnings lifted broader markets despite the Strait of Hormuz remaining closed.
US Stock Market Today: S&P 500 Hits Record as Wall Street Bets Earnings Can Outrun War Shock

US Stock Market Today: S&P 500 Hits Record as Wall Street Bets Earnings Can Outrun War Shock

The S&P 500 hit a new intraday high Wednesday, its first since the U.S.-Iran conflict began, while the Nasdaq rose about 1%. Bank of America and Morgan Stanley advanced after strong earnings. Oil prices remain 40% above late February levels, and U.S. producer prices climbed 4% year-on-year in March, the fastest pace since 2021. The IMF cut its 2026 global growth forecast on Tuesday.
US Stock Market Week Ahead: Iran Talks, Bank Earnings and PPI Top What to Watch Before Monday’s Open

US Stock Market Week Ahead: Iran Talks, Bank Earnings and PPI Top What to Watch Before Monday’s Open

Three supertankers passed through the Strait of Hormuz on Saturday as U.S.-Iran talks continued in Islamabad, signaling possible easing of the March energy shock. The S&P 500 nearly erased losses from February’s U.S.-Israeli strikes on Iran, while Friday saw the Dow fall 0.56%, S&P 500 slip 0.11%, and Nasdaq gain 0.35% on chip stock strength.
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Stock Market Today

  • Crude Oil Prices Drop Sharply on Iran Peace Hopes Amid Volatility
    June 12, 2026, 11:41 AM EDT. Crude oil prices fell sharply on Thursday after U.S. President Donald Trump canceled planned military strikes on Iran, raising hopes for a peace deal. July WTI crude fell 2.58%, while gasoline also declined. Prices were highly volatile, initially rising on threats of further U.S. attacks and possible control of Iran's key oil export hub, Kharg Island. Tensions in the Middle East and the closure of the Strait of Hormuz have been bullish for oil, but signs of increased oil flows through the Straits and weak Chinese demand pressured prices. China's crude imports hit an eight-year low, and increased U.S. crude production forecasts add downward pressure. Meanwhile, ongoing Ukrainian drone attacks on Russian oil infrastructure offer some support to prices.

Latest articles

AI Names Drop, Oil Upends Inflation Bets, US Stocks Slip

Stocks drift as oil drops; SpaceX IPO, Fed meeting in focus

12 June 2026
SpaceX soared nearly 30% above its IPO price in its Nasdaq debut, valuing the company at about $2 trillion and testing investor appetite for high-growth AI-linked stocks, while the broader market was modestly higher as easing oil prices and hopes for a Middle East peace deal reduced inflation fears.
Dow slips in New York after jobs data boosts rate-hike talk

Dow Jones Moves Up While Oil Drops, SpaceX and Fed in Focus

12 June 2026
The Dow Jones surged above 51,000 Friday, lifted by easing Middle East tensions and falling oil prices, with Goldman Sachs and Caterpillar driving gains; investors remain cautious ahead of the June 16–17 Fed meeting and unresolved Iran-U.S. deal details, while SpaceX’s IPO debut is set to open nearly 30% above its $135 price, valuing the company near $2 trillion.
Ondas Stock Moves Up as LADOS Defense Platform and Share Resale Filing Get Interest

Ondas Shares Drop; Drone-Defense Story Hits Meme-Stock Doubts

12 June 2026
Ondas Inc. shares slid about 5% to $9.33, underperforming sector ETFs, as investors weighed rapid revenue growth and a $457 million backlog against ongoing cash burn, share dilution, and execution risks ahead of next week's LADOS launch at Eurosatory 2026, with Wall Street maintaining a Buy consensus but highlighting profitability concerns.
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