Today: 23 July 2026
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NYSE:BAC 21 June 2026 - 22 July 2026

Bank of America (NYSE:BAC) Q2 earnings: Market-linked businesses drove 63% of revenue growth

Bank of America (NYSE:BAC) Q2 earnings: Market-linked businesses drove 63% of revenue growth

Bank of America Corp reported a 27% rise in second-quarter profit, but a clean revenue bridge shows the beat leaned heavily on market-sensitive businesses. Market making, investment and brokerage services, and investment banking generated $2.61 billion, or 63%, of the bank’s $4.12 billion year-on-year revenue increase. Net interest income — the spread between what a bank earns on assets and pays for funding — supplied another 32%.
The Biggest Earnings Reports This Week: Banks, TSMC and Netflix Put Wall Street’s Profit Boom on Trial

The Biggest Earnings Reports This Week: Banks, TSMC and Netflix Put Wall Street’s Profit Boom on Trial

The market’s central question is whether the profit surge can broaden beyond artificial-intelligence chips and energy without exposing weaker credit. The evidence points to a cautious yes: analysts expect S&P 500 second-quarter earnings to rise 23.4% from a year earlier, and this week’s bank slate will test loan demand and consumer health. The answer still hinges on Taiwan Semiconductor Manufacturing Co. defending its high-growth, heavy-investment outlook. Guidance — management’s forecast for coming quarters — matters more now than another round of backward-looking beats.
BofA sees S&P 500 AI rally testing 7,100 call support

BofA sees S&P 500 AI rally testing 7,100 call support

Bank of America has set a key S&P 500 hedge line for AI bulls at 7,100. That level, held steady in a Tuesday note and mentioned by Fortune on Sunday, sits just 22 points beneath the earliest downside marker from BofA’s Paul Ciana. With the S&P 500 closing July 2 at 7,483.24, that puts the initial risk area close to 5% under the market.
6 July 2026
Nasdaq edges up after-hours as more stocks join in, AI seen facing tighter price scrutiny

Nasdaq edges up after-hours as more stocks join in, AI seen facing tighter price scrutiny

U.S. stocks closed up Tuesday, with the Nasdaq out front as buying broadened out beyond just AI leaders. That shift in breadth drew attention after the close. Fund managers looked for any sign the second-half rally could keep going with lofty valuations and a Fed still leaning hawkish.
Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks

Nasdaq Futures Drop Ahead of Open as Debt Concerns Hit AI Stocks

Tech names weighed on Wall Street futures early Tuesday as contracts pointed lower before the open. Investors pulled back from artificial intelligence trades while worries about a hawkish Fed path added pressure. Futures trade ahead of the main session and offer a view on where indexes may open.
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