Bank of America Securities

Logistics and transportation giant FedEx Corporation (NYSE:FDX) could provide a snapshot of the sector’s performance when it reports fourth-quarter financial results after the market closes on Tuesday. Here's a look at the earnings estimates, what experts are saying ahead of the report, and...

With U.S. markets in turmoil, the Oracle of Omaha is once again turning his gaze eastward, with Berkshire Hathaway Inc. (NYSE:BRK) (NYSE:BRK) planning a new round of Yen-denominated bonds, which it plans to invest primarily in five Japanese trading companies, in which it already maintains a sizable...

Bank of America Securities analyst, Wamsi Mohan, has revised his price target for Apple Inc. (NASDAQ:AAPL) upwards to $256 from the previous $230. The adjustment is based on the potential for an upgrade cycle propelled by AI features. What Happened: On Friday, while appearing on CNBC...

Shares of Gilead Sciences, Inc. (NASDAQ: GILD) are trading higher into Friday’s trading session after Bank of America Securities upgraded the stock, highlighting an underappreciated growth potential in its core HIV business and emerging hematology/oncology franchises. Here’s what...

Invenergy announced IRG Acquisition Holdings entered into an agreement with American Electric Power (AEP). Details: As part of the agreement, IRG Acquisition Holdings (IRGAH) will acquire AEP’s 1,365-megawatt (MW) unregulated, contracted renewables portfolio for $1.5B enterprise value...

Streaming giant Netflix Inc (NASDAQ: NFLX) reported fourth-quarter financial results that saw revenue come in ahead of analysts’ estimates. The company also reported 230.75 million paid subscribers at the end of the fourth quarter, adding 7.7 million. The subscriber additions in the quarter...

FedEx Corporation’s (NYSE: FDX) stock dropped on Friday morning following its pre-earnings report on the status of the world economy, which some experts are referring to as a post-COVID-19 pandemic unwind. Markets in Turmoil? On Friday, the Dow lost 1%, Nasdaq fell 1.59% and...

Software stocks participated in the broader market rally this year, in fact outperforming the broader market by a meaty margin. Does that mean valuations in the space are stretched out? An analyst at Bank of America delved into key themes that are likely to play out in the software sector in 2020...

With reports of Broadcom Inc (NASDAQ: AVGO) engaging in discussions regarding a potential sale of its RF chip unit for $10 billion, an analyst at Bank of America Securities singled out RF chipmakers Qorvo Inc (NASDAQ: QRVO) and Skyworks Solutions Inc (NASDAQ: SWKS) as potential beneficiaries. The...