Your email has been successfully added to our mailing list.

×
0 0 0 0 0 0 0 0
Stock impact report

AI may be helping more people start their own businesses, but without many employees [Fortune]

Bank of America Corporation (BAC) 
Last bank of america corporation earnings: 4/15 06:45 am Check Earnings Report
US:NYSE Investor Relations: investor.bankofamerica.com
Company Research Source: Fortune
A report this week by the Bank of America Institute found the number of “high propensity businesses,” or businesses the Census Bureau identifies as likely to hire employees, jumped by 15.1% year over year in January. Meanwhile, the number of business applications with explicit plans to hire employees fell by 4.4%. The trend comes amid the record-high investment small companies are making on tech services, which includes AI, according to the Bank of America analysts, who said spending jumped 14% year over year last month. “This might be linked to a productivity push,” the report said. Among small businesses, retail led the charge in tech spending last month with a gain of more than 25% followed closely by manufacturers, BofA added. Small businesses, usually defined as a company with fewer than 500 workers, employ about 45% of Americans, and a major drop in hiring among this group of companies could hit the labor market hard. Following the Federal Reserve's decision to keep r Show less Read more
Impact Snapshot
Event Time:
BAC
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
Last price at news event
Since Event
Multi-day stock performance from the time of the news release
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
LAST
PRICE AT
NEWS EVENT
SINCE EVENT
Multi-day stock performance from the time of the news release
Last Price
VWAP
High:
Max Up
High:
Low:
Max Down
Low:
%
Post news range
%
Price change

Price Change Percentage


S&P 500
(SPX)

%

Volume ratio
%

Volume
Ticks

Avg transaction size

Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Opt-in for BAC alerts
Opt-in for
BAC alerts

from News Quantified
Opt-in for
BAC alerts

from News Quantified