Buffett is making a move again! Selling nearly $10 billion worth of Bank of America stocks in 3 months.
Buffett sold nearly $10 billion worth of Bank of America stock in 3 months.
Berkshire Hathaway Further Pares Bank of America Stake
Looking ahead with a picture: bank of america's stock performance is coming! How to interpret this round of financial reports during the rate cut cycle?
Overall, large bank stocks still performed well in the third quarter, with jpmorgan, bank of new york mellon, morgan stanley, u.s. bancorp, etc., all hitting historic highs in this range; as the Federal Reserve begins its easing cycle, the banking industry will alleviate and even reverse some negative trends, which will help improve the quality of earnings in the coming quarters.
Daiwa Adjusts Price Target on Bank of America to $46 From $45, Maintains Outperform
Express News | Royal Bank of Canada: lowers Bank of America's target price from $25 to $24.
Big Lenders Expected to Show Investment Banking Upswing -- Barrons.com
Buffett sold again! Cumulative cashed out over $10 billion from Bank of America, will he invest in Japan's financial and shipping stocks?
Sell-off may not be over yet.
Buffett's Bank of America Stock Selling Spree Surpasses US$10b
Buffett continues to sell stocks of bank of america (BAC.US), with total cashed out exceeding 10 billion dollars.
Warren Buffett's conglomerates further reduced their shareholding in Bank of America, cashing out over billions of dollars in the continuous months of stock sell-off frenzy.
Bank of America(BAC.US) 10% Shareholder Sells US$383.04 Million in Common Stock
$Bank of America(BAC.US)$ 10% Shareholder BERKSHIRE HATHAWAY INC sold 9.57 million shares of common stock on Oct 3, 4, 7, 2024 at an average price of $40.0209 for a total value of $383.04 million.
Bank of America Options Spot-On: On October 7th, 85,550 Contracts Were Traded, With 3.02 Million Open Interest
On October 7th ET, $Bank of America(BAC.US)$ had active options trading, with a total trading volume of 85,550 options for the day, of which put options accounted for 40.57% of the total transactions,
Citi changes its forecast for the Federal Reserve, expecting a 25 basis point rate cut in November instead of 50 basis points.
Citigroup economists stated in a report that they expect the Federal Reserve to cut interest rates by 25 basis points in November. After the strong September employment data was released in the United States last Friday, some Wall Street banks abandoned their forecast of a 50 basis point rate cut in November. "Federal Reserve officials are now confident in a 25 basis point rate cut in November," Andrew Hollenhorst said in a report; on September 19, the second day of the 50 basis point rate cut by the Federal Reserve, citigroup economists confirmed their forecast of a 50 basis point rate cut in November. However, they still expect, labor force.
J.P. Morgan Maintains Bank of America(BAC.US) With Buy Rating, Raises Target Price to $47
Investors in Bank of America (NYSE:BAC) Have Seen Respectable Returns of 57% Over the Past Year
The Strong Jobs Report Leads Morgan Stanley to Ditch a Stock-market Call It Made Just Two Weeks Ago
Express News | Berkshire Hathaway is recommending Japanese yen bonds ranging from 3 to 30 years.
Daily short sale tracking: Rivian Automotive's short volume increased by 9 million, with a short sale ratio of 17%
Rivian Automotive(RIVN.US) ranked top of the list had the largest change in short volume (9.68 million shares), and the short volume ratio of Pembina Pipeline(PBA.US) reached 56.33%. See more about the top 10 list of short selling volume changes in the latest trading day of the US stock market.
Wells Fargo Moves Past Its Scandals -- Barron's
Wall Street veteran Yardeni: The Federal Reserve will not cut interest rates again this year.
Ed Yardeni, a veteran on Wall Street, said that the Federal Reserve's loose monetary policy in 2024 may have already ended, as Friday's strong employment report highlighted the strong resilience of the world's largest economy. The founder of Yardeni Research Inc. mentioned that a rebound in oil prices and China's efforts to restart the economy while further relaxing policies could trigger inflation. He also stated that the Fed's 0.5 percentage point rate cut in September, typically implemented to address economic recessions or market crashes.
Unpacking the Latest Options Trading Trends in Bank of America