DIRS.INFO The most relevant business & tech news

It might not be a surprise that the three biggest financial institutions in the US are Bank of America, Chase, and Wells Fargo. Compare Bank of America and Chase and Wells Fargo Bank of AmericaChaseWells Fargo Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Editor's Rating 3.5/5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star Standout feature Chevron icon It indicates an expandable section or menu, or sometimes previous / next navigation options. Bank of America Advantage Savings Account Chase Savings℠ Wells Fargo Kids Way2Save Savings Account APY 0.01% to 0.04% 0.01% effective as of 10/10/2022. Bank of America, Chase, and Wells Fargo are all FDIC insured.

☆ Wall Street names these 20 Club stocks as top picks for 2023. Here's the list and our takes
▼ + stars: | 2022-12-29 | by ( Paulina Likos | ) www.cnbc.com time to read: +16 min

Club take: We've pared back our position in AMD this year as the semicondcutor company worked through its inventory correction. The company has to do more in terms of managing its costs, but it will likely be a priority in 2023. Analysts described growth outlooks in these segments as "robust" and expect them to drive revenue growth and margin expansion. BofA calls the Club stock a "top tier operator" and expects the company to grow revenue in the coming year despite fears of an economic downturn. Analysts expect to see strong data center growth next year, a business they said could reach $20 billion by 2023.

☆ Elon Musk, Jeff Bezos, and the 6 other richest Americans have suffered a nearly $400 billion wealth wipeout this year
▼ + stars: | 2022-12-28 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +4 min

The eight richest Americans have seen close to $400 billion erased from their fortunes this year. Elon Musk's net worth has shrunk by $140 billion, while Jeff Bezos' wealth has slid by $86 billion. Meanwhile, Amazon founder Jeff Bezos' wealth has fallen by $86 billion, while Alphabet cofounders Larry Page and Sergey Brin have seen their fortunes shrink by a combined $91 billion. The upshot is that the eight richest Americans have seen an estimated $386 billion erased from their combined fortunes. That figure rivals JPMorgan's market capitalization, and comfortably exceeds the market value of Tesla ($345 billion), Nvidia ($352 billion), and all but a handful of America's biggest companies.

☆ US stocks could surge 20% in the first 6 months of 2023 as the Fed wraps up its inflation fight, Wharton professor Jeremy Siegel says
▼ + stars: | 2022-12-28 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

US stocks could soar up to 20% in the first half of next year, Jeremy Siegel said. The Fed may cut interest rates to as low as 2% by the end of 2023, the Wharton professor said. Improved worker productivity might shore up company profits and buoy stocks, Siegel said. The Wharton finance professor and author of "Stocks for the Long Run" predicted the Fed will cut its benchmark interest rate to between 2% and 3% by the end of 2023. Improved productivity could support larger profit margins, and low real interest rates today by historical standards should underpin higher stock valuations, he continued.

☆ The US housing market faces a 'triple whammy' of threats - and stocks may stage a Santa Claus rally, a top strategist says
▼ + stars: | 2022-12-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

The US housing market has been hit by labor shortages, rising costs, and soaring mortgage rates. Brian Jacobsen, an Allspring strategist, described those three trends as a "triple whammy." On the other hand, the Allspring strategist suggested US stocks could reverse some of their recent declines before the new year. Its policymakers have responded by raising interest rates from almost zero in March to over 4% today. Higher interest rates encourage people to save rather than spend, and they raise the cost of borrowing, relieving upward pressure on prices.

☆ Disney stock has plunged 45% this year, putting it on track for its worst performance in nearly 5 decades
▼ + stars: | 2022-12-20 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +3 min

Disney stock is down 45% this year and on track for its worst annual performance since 1974. The shares have been hit by pandemic disruptions, management issues, and the wider market downturn. The painful selloff has erased about $200 billion from Disney's market capitalization since March 2021. Yet investors have balked at the streaming service's rising costs, which fueled a hefty $1.5 billion operating loss in Disney's streaming division last quarter. Disney stock has also been caught up in a wider market downturn.

☆ CNBC Pro Talks: Fund manager Jeremy Gleeson on how to trade tech right now
▼ + stars: | 2022-12-20 | by ( Cnbc.Com Staff | ) www.cnbc.com time to read: +2 min

After a tough year for tech, the sector's stocks are "down but by no means out," according to CNBC Pro Talks ' next guest. Gleeson has more than 20 years of investing experience, with a focus on the tech sector. Watch the next Pro Talks on Wednesday, Dec. 21 at 12 p.m. GMT/ 8 p.m. Singapore Time / 7 a.m. EST. Gleeson has more than 20 years of investing experience, with a focus on the tech sector. Watch the next Pro Talks on Wednesday, Dec. 21 at 12 p.m. GMT/ 8 p.m. Singapore Time / 7 a.m. EST.

☆ Here are Thursday's biggest analyst calls: Amazon, Chevron, Chipotle, Lowe's, Hershey, AT&T & more
▼ + stars: | 2022-12-08 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Wall Street's biggest calls on Thursday: Bank of America reiterates Chevron as buy Bank of America said it's standing by its buy rating on the oil and gas giant after it announced its 2023 capital budget on Wednesday. JPMorgan upgrades Vulcan Materials to overweight from neutral JPMorgan said risks for the construction materials company are already priced in. UBS initiates Shopify as sell UBS said it's concerned about increasing competition. UBS upgrades Hershey to buy from neutral UBS said it's becoming bullish on the chocolate and candy maker's long-term growth. Bank of America reiterates Lowe's as buy Bank of America said shares of Lowe's remain attractive.

☆ Here are Friday's biggest analyst calls: Apple, Amazon, Tesla, DoorDash, Disney, Zillow & more
▼ + stars: | 2022-12-02 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Piper Sandler reiterates Amazon as outperform Piper said it's "more positive on the out-year opportunity" after attending the most recent Amazon Web Services conference in Las Vegas. Morgan Stanley reiterates Apple as overweight Morgan Stanley said it's standing by shares of Apple and that it sees no evidence of demand destruction. Morgan Stanley reiterates Hostess as overweight Morgan Stanley said after a meeting with Hostess management that it sees multiple growth drivers for the maker of Twinkies. Morgan Stanley reiterates Rocket Lab as overweight Morgan Stanley said investors should buy the dip in shares of the space satellite company. Morgan Stanley reiterates FedEx as equal weight Morgan Stanley said it's staying cautious and has low visibility heading into FedEx earnings later this month.

Pros Check mark icon A check mark. If you're a Bank of America Preferred Rewards customer, you can get discounts Check mark icon A check mark. Pros Check mark icon A check mark. Advanced tool for seeing personalized rates and payments Check mark icon A check mark. Variety of home loans, including a specialized buydown loan or I CAN loan Check mark icon A check mark.

We selected Capital One 360, Synovus Bank, Regions Bank, Delta Community Credit Union, and Credit Union of Atlanta as the best banks and credit unions in Georgia. These financial institutions have savings account rates that are lower than the average savings account. Delta Community Credit Union members will need to open the Delta Community Credit Union Personal Savings Account. Robins Financial Credit Union (Federally insured by the NCUA): Robins Financial Credit Union has a free checking account, but our top credit union has lower minimum opening deposits. We reviewed the 10 biggest banks and credit unions in the state, plus any financial institutions featured in our Black-owned banks and credit unions guide and Hispanic American-owned banks and credit unions guide.

☆ Video: Bank of America CEO predicts 'mild recession' next year
▼ + stars: | 2022-11-29 | by ( ) edition.cnn.com time to read: 1 min

How relevant is this ad to you? Video player was slow to load content Video content never loaded Ad froze or did not finish loading Video content did not start after ad Audio on ad was too loud Other issues

The best Bank of America credit card reviewsBank of America Unlimited Cash Rewards CardWhy the BofA Unlimited Cash Rewards card is worth it: The Bank of America® Unlimited Cash Rewards Credit Card is an excellent choice for straightforward flat-rate rewards on all purchases. You need good to excellent credit to qualify for the best Bank of America credit cards (most of the cards on this list) — meaning a FICO score of at least 670 (VantageScore of at least 700). Certain cards (such as the Bank of America® Business Advantage Unlimited Cash Rewards Credit Card and the Bank of America Business Advantage Customized Cash Rewards Credit Card) require you to have excellent credit (FICO score of at least 800). You can request a credit line increase on eligible Bank of America credit cards when you sign into your Online Banking account, select your credit card, go to Account Summary, and click the "Request a credit line increase" link under Card Details. The best way to avoid paying interest on your Bank of America card (as with all credit cards) is by paying your credit on time and consistently.

☆ Here are Friday's biggest analyst calls: Coinbase, Apple, Amazon, GM, Conagra, Pfizer & more
▼ + stars: | 2022-11-18 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Credit Suisse downgrades Hewlett Packard to neutral from outperform Credit Suisse said it sees too many macro headwinds for the stock. Credit Suisse names Ross a top pick Credit Suisse says the offprice retailer has the most "torque" to accelerate market share gains. "Strong 3Q updates from ROST /TJX reinforces our bullish thesis that Offpricers are quickly repositioning for accelerating market share and powerful EPS tailwinds as margins revert to pre-COVID levels starting in '23." Credit Suisse initiates Pfizer as outperform Credit Suisse said in its initiation of Pfizer that it likes the company's pipeline advances. " Credit Suisse initiates Eli Lilly as outperform Credit Suisse said in its initiation of Eli Lilly that it sees "upward revisions" from obesity sales.

Earning a credit card bonus or extra rewards can take the sting out of an expensive home-improvement project. Note that credit card lenders may use many different variations of credit score models when considering your application. Note that credit card lenders may use many different variations of credit score models when considering your application. Note that credit card lenders may use many different variations of credit score models when considering your application. Review: Citi Double Cash card reviewBest credit cards for home improvement frequently asked questions (FAQ)What is the best credit card for home improvement?

☆ US inflation has peaked, a recession is coming, and the FTX fiasco has shaken faith in markets, Ken Griffin says. Here are the Citadel CEO's 10 best quotes from a new interview.
▼ + stars: | 2022-11-18 | by ( Theron Mohamed | ) www.businessinsider.com time to read: +5 min

Ken Griffin said US inflation has probably peaked, but the Fed needs to squash the threat entirely. "FTX is one of these absolute travesties in the history of financial markets. That undermines trust in all financial markets." "The confidence of a generation in financial markets has been shaken. If they don't believe or trust in financial markets, this is a huge problem.

"We’ve built a platform for cooperation that can truly transform Indonesia’s power sector from coal to renewables and support significant economic growth," U.S. Special Envoy on Climate Change John Kerry said. EARLIER, LOWER PEAKThe Treasury official said that the peak power emissions for Indonesia in 2030 under the plan would be at a level 25% lower than their currently estimated peak in 2037. Indonesia's annual emissions reduction over those years would be larger than Britain's annual power sector emissions, the official said. U.S., JAPAN LEADThe United States and Japan are co-leading the effort with Indonesia on behalf of the other G7 democracies Britain, Canada, France, Germany Italy, as well as partners Norway, Denmark and the European Union. On Monday, Japan announced it would help Indonesia transition away from coal power through public and private institutions, including the state-affiliated Japan Bank for International Cooperation (JBIC).

Pros Check mark icon A check mark. High APY Check mark icon A check mark. No minimum opening deposit Check mark icon A check mark. No monthly service fees Check mark icon A check mark. Pros Check mark icon A check mark.

☆ Here are Friday's biggest analyst calls: Roblox, WeWork, Krispy Kreme, Boeing, Coinbase & more
▼ + stars: | 2022-11-04 | by ( Michael Bloom | ) www.cnbc.com time to read: +6 min

Here are Friday's biggest calls on Wall Street: Bank of America reiterates Roblox as buy Bank of America said it's standing by shares of the stock heading into earnings next week. JPMorgan downgrades Funko to neutral from overweight JPMorgan downgraded the pop culture toy company, noting it sees too much uncertainty. " Piper Sandler downgrades Atlassian to neutral from overweight Piper said it sees a slowdown in subscription billings for the software developer. " Bank of America reiterates Krispy Kreme as buy Bank of America said "brand health is strong but FX, UK, promos weigh," heading into Krispy Kreme earnings Nov. 15. Jefferies reiterates Topgolf Callaway Brands as buy Jefferies said it sees 200% upside in shares of the golf company. "

☆ What Cramer is watching Wednesday — Fed day, AMD signs of life, China hits Estee Lauder
▼ + stars: | 2022-11-02 | by ( Jim Cramer | ) www.cnbc.com time to read: +5 min

While missing lowered expectations in the third quarter, Club holding AMD did see a year-over-year revenue growth. Club holding Estee Lauder (EL) beats on fiscal first-quarter earnings and matches on revenue. Club holding Devon Energy (DVN): Very strong quarter . Club holding Humana (HUM) sees membership growth. As a subscriber to the CNBC Investing Club with Jim Cramer, you will receive a trade alert before Jim makes a trade.

Organizations: & $

☆ Here are Tuesday's biggest analyst calls: Apple, Amazon, Nike, Monster, AMD, Carvana, CVS & more
▼ + stars: | 2022-11-01 | by ( Michael Bloom | ) www.cnbc.com time to read: +5 min

Here are Tuesday's biggest calls on Wall Street: Bank of America reinstates Deckers as buy Bank of America called Deckers a "rare, consistent compounder." Deutsche Bank reiterates Amazon as buy Deutsche said "macro challenges are no doubt pressuring ad budgets" for Amazon, but the company continues to be well positioned. JPMorgan upgrades Carvana to neutral from underweight JPMorgan said in its upgrade of the stock that risks are now better understood. JPMorgan upgrades Monster to outperform from neutral JPMorgan said the beverage giant has an "attractive narrative." Bank of America reiterates Advanced Micro Devices as buy Bank of America said shares of AMD are attractive heading into earnings Tuesday afternoon.

Pros Check mark icon A check mark. No minimum opening deposit Check mark icon A check mark. Debit card included Check mark icon A check mark. Eligible for new accounts after your child turns 13 Check mark icon A check mark. But if you'd like to open a savings account for your child, it only lets you open one of the bank's regular savings accounts as a joint bank account.

Then, once you've improved your credit score by using a credit card responsibly, it can be easier to upgrade to more lucrative rewards credit cards. $0 Annual Fee View Full Details Learn moreBest for rotating bonus categories Discover it® Student Cash Back 5 /5 A five pointed star A five pointed star A five pointed star A five pointed star A five pointed star 5 out of 5 Stars Intro offer Unlimited Cashback Match - only from Discover. Best for choosing your own bonus category: Bank of America Customized Cash Rewards for StudentsThe Bank of America® Customized Cash Rewards Credit Card for Students offers one of the most generous welcome bonuses of any student credit card. If you prefer a more hands-off approach, flat-rate rewards cards such as the Capital One Quicksilver Student Cash Rewards Credit Card or Bank of America® Travel Rewards Credit Card for Students could be a better pick. After you graduate, your card issuer may convert your student credit card into an equivalent, regular credit card.

Search resuls for: ": Bank of America"

25 mentions found