Today: 23 May 2026
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NYSE:BAC 11 March 2026 - 20 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.
Bitcoin Price Week Ahead: $70,000 Back in Focus as Fed Hike Odds Rise and ETF Flows Turn Choppy

Bitcoin Price Week Ahead: $70,000 Back in Focus as Fed Hike Odds Rise and ETF Flows Turn Choppy

Bitcoin fell 2.4% to $68,678 Sunday after briefly topping $70,000, as fund inflows slowed and oil prices surged. CoinShares reported $303 million in net inflows for the week, but outflows rose after the Fed meeting. Brent crude closed at $112.19 a barrel Friday, the highest since July 2022, amid U.S.-Iran tensions. Interest-rate futures now price a 25% chance of a Fed hike by December.
Bank of America Stock Today: Why BAC Edged Up Ahead of the Fed Despite Fresh Legal Overhang

Bank of America Stock Today: Why BAC Edged Up Ahead of the Fed Despite Fresh Legal Overhang

Bank of America shares rose 0.5% to $47.28 in late trading Tuesday, stabilizing after a recent selloff. Investors adjusted expectations for Federal Reserve rate cuts this year, with markets now pricing in only one. The bank reported $28.4 billion in fourth-quarter revenue and $7.6 billion net income. Bank of America also reached a settlement in principle over claims related to Jeffrey Epstein, with a court hearing set for April 2.
Bank of America Stock Price Today: Why BAC Is Caught Between Fed Relief and $100 Oil

Bank of America Stock Price Today: Why BAC Is Caught Between Fed Relief and $100 Oil

Bank of America shares fell 0.4% to $46.95 Friday, trailing gains in JPMorgan and Citigroup. The drop followed news of proposed looser U.S. capital rules for big banks, but investors remained cautious as oil prices neared $100 and the Fed delayed expected rate cuts. The S&P 500 financial sector lost 3.3% this week. Barclays and Goldman Sachs both pushed forecasts for Fed rate cuts to September.
Oil Prices Today: Brent Crude Tops $102, WTI Nears $97 as Hormuz Shutdown Keeps Supply Fears High

Oil Prices Today: Brent Crude Tops $102, WTI Nears $97 as Hormuz Shutdown Keeps Supply Fears High

Brent crude rose $1.59 to $102.05 a barrel and U.S. WTI gained $1.15 to $96.88 as the Strait of Hormuz remained closed, triggering the largest oil supply disruption on record, according to the IEA. Saudi Arabia cut output by 2 million barrels per day, while China’s Sinopec plans to reduce March throughput by over 10%. Goldman Sachs raised its Brent forecast to above $100 for March.
Bank of America Stock Price Today: BAC Rises as Fed Capital Relief Meets Credit Fears

Bank of America Stock Price Today: BAC Rises as Fed Capital Relief Meets Credit Fears

Bank of America shares rose 0.6% to $47.40 in late-morning trading Friday after the Federal Reserve signaled plans to ease capital requirements for large banks. Co-President Dean Athanasia projected at least 7% growth in first-quarter net interest income. Morgan Stanley restricted redemptions at a private-credit fund after heavy withdrawal requests. Oil prices and delayed Fed rate cuts continued to pressure the sector.
Gold Price Today Falls Despite Iran Risk as Dollar Firms, Fed Cut Bets Fade

Gold Price Today Falls Despite Iran Risk as Dollar Firms, Fed Cut Bets Fade

Gold prices fell 0.3% Thursday, with spot bullion at $5,159.04 an ounce as a stronger dollar and reduced expectations for U.S. rate cuts outweighed safe-haven demand. U.S. consumer prices rose 0.3% in February, keeping pressure on the Federal Reserve to hold rates higher. Toronto’s materials sector dropped 1.7% as gold miners declined. Futures now suggest the first Fed rate cut in September.
12 March 2026
Why Bank of America Stock Price Slipped Despite BofA’s Upbeat Q1 Outlook

Why Bank of America Stock Price Slipped Despite BofA’s Upbeat Q1 Outlook

Bank of America shares fell 1.5% to $47.86 by midday Wednesday, erasing Tuesday’s gains as Wall Street weakened after February CPI data met expectations and oil hovered near $91 a barrel. Co-President Dean Athanasia projected at least 7% growth in first-quarter net interest income and rising investment banking fees. Citigroup, JPMorgan, and Wells Fargo shares also declined.
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Stock Market Today

  • Top Stifel Analyst Raises Marvell (MRVL) Stock Price Target Ahead of Q1 Earnings
    May 22, 2026, 8:46 PM EDT. Marvell Technology (MRVL) is set to report its fiscal Q1 earnings on May 27. The stock has surged 131% year-to-date, reflecting strong demand for its semiconductor products. A leading analyst at Stifel has increased Marvell's price target, citing robust growth prospects and solid market position. Investors are closely watching the earnings announcement for signs of continued momentum in the chipmaker's business amid a volatile tech sector.

Latest articles

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

Dow Hits Record Close; All Eyes Turn to Holiday-Week Trading

23 May 2026
The Dow closed at a record 50,579.70 on Friday, while the S&P 500 notched its eighth straight weekly gain. After-hours trading saw SPY, QQQ, DIA, and IWM all move lower. U.S. markets will be closed Monday for Memorial Day. Investors await Thursday’s inflation data.
IREN Stock Pauses as Nvidia Rally Cools Before Holiday

IREN Stock Pauses as Nvidia Rally Cools Before Holiday

23 May 2026
IREN shares fell 2.1% to $56.83 Friday, ending a two-day rally but closing the week up 7.4%. The stock’s moves follow a $3.4 billion AI cloud deal with Nvidia and a $3 billion convertible note offering. March-quarter revenue dropped to $144.8 million, with a net loss of $247.8 million. U.S. markets close Monday for Memorial Day; trading resumes Tuesday.
AXT stock reaches record; investors weigh risk to rally

AXT stock reaches record; investors weigh risk to rally

23 May 2026
AXT shares jumped 16.37% to $140.83 on Friday, hitting a 52-week high and trading above all recent analyst targets. The surge followed strong demand for AI-linked optical networking hardware and a sharp rise in indium phosphide orders. First-quarter revenue climbed to $26.9 million, with gross margin turning positive. Management forecast Q2 profitability and a backlog over $100 million.
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