Amundi, Pictet Lead Contrarian Wave to US Stock Exceptionalism [BNN Bloomberg (Canada)]
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: BNN Bloomberg
Despite resilient consumption and artificial intelligence optimism, US economic growth slid to an almost two-year low last quarter while inflation stayed high. Confidence is starting to waver, with the S&P 500 Index ending a five-month winning streak in April following a series of major earnings misses. These are signs that playbooks founded on expectations that the world's No. 1 economy and its companies will outdo others even with higher rates are flawed, according to contrarians including Pictet Asset Management and Amundi SA. Instead, there are better opportunities in Europe and Asia, given more benign valuations and inflation outlooks, they said. US exceptionalism “is overrated,” said Luca Paolini, chief strategist at Pictet. “There's probably too much optimism about the US in terms of growth and too much pessimism about the rest of the world.” The arguments put forth reflect the nagging concern some investors have about the toll that higher-for-longer US interest rates wi
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
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
BAC alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
BAC alerts
High impacting Bank of America Corporation news events
Weekly update
A roundup of the hottest topics
BAC
News
- Bank of America employee, 25, dies suddenly weeks after 35-year-old colleague's death [FOX Business Network]FOX Business Network
- Bank of America to pay $8 million in class-action case for ‘deceptive' transfer fees [Yahoo! Finance]Yahoo! Finance
- A 25-year-old trader at Bank of America dies suddenly, the second death this month of a young employee at the Wall Street giant [Fortune]Fortune
- A 25-Year-Old BofA Credit Trader Dies Suddenly at Industry Event [Yahoo! Finance]Yahoo! Finance
- A 25-Year-Old BofA Credit Trader Dies Suddenly at Industry Event [BNN Bloomberg (Canada)]BNN Bloomberg
BAC
Earnings
- 4/16/24 - Beat
BAC
Sec Filings
- 5/17/24 - Form 424B2
- 5/17/24 - Form 4
- 5/17/24 - Form 4
- BAC's page on the SEC website