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Bank of America, the second-largest U.S. bank by assets, has topped expectations for earnings per share for 23 consecutive quarters.
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BofA Stock Traders Notch Record Fueled by Momentum in Markets Bloomberg.comBank of America tops estimates as CEO Brian Moynihan says consumer banking is 'healthy' CNBCBank of America joins big bank peers in reporting rising profits, calls US economy 'resilient' Yahoo FinanceBank of America beat profit estimates as trading, investment banking shine Reuters
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Snap's stock jumps 11% on plans to axe 16% of its workforce citing AI efficiencies CNBCSnap to cut 1,000 jobs after activist pressure, bets on AI efficiency Yahoo FinanceSnapchat owner cuts 16% of global staff in latest round of job cuts abcnews.comSnap's crucible moment Sources | Alex Heath
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Republicans' major tax cuts benefited the rich most, but because the law went into effect midyear, many companies ended up withholding too much from paychecks.
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Sanctioned China tanker turns back to Strait of Hormuz, day after Gulf exit ReutersIran War Live Updates: Trump Again Offers Conflicting Signals on War's End The New York TimesUS military turns around 6 ships, ‘completely' halts trade from Iran's ports amid blockade The HillU.S. says Hormuz blockade 'fully i
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Higher oil prices, higher yields, no more rate cuts? No problem for US stocks ReutersWall Street Investors Block Out Market Volatility Triggered by War Bloomberg.comAs S&P 500 approaches record highs, this is what could derail the stock-market rebound MarketWatchWhat's Driving the Wartime Stock Rebound The New York Times
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Policymakers said they would need to remain "nimble" as they weighed the impact the war had on inflation.
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