Tag: Bank of America

Warren Buffet’s firm cash holdings hit $325 billion, after selling Apple and Bank of America

Warren Buffet’s firm cash holdings hit $325 billion, after selling Apple and Bank of America

Berkshire Hathaway’s massive cash reserve topped $300 billion in the third quarter as Warren Buffett resumed his stock-selling binge and declined to r [...]
Strong jobs report propels dollar to best week since 2022

Strong jobs report propels dollar to best week since 2022

The dollar jumped to a seven-week high on Friday and was on track to post its best week since September 2022 after a surprisingly strong jobs report f [...]
Bank of America Earnings Report Beats the Estimates

Bank of America Earnings Report Beats the Estimates

On Tuesday, Bank of America (BAC) released its quarterly earnings statement which showed better than expected numbers for the 2nd fiscal quarter of 2 [...]
Crypto Exchange Coinbase (COIN) Raised to Neutral at Bank of America on Positive Market Dynamics

Crypto Exchange Coinbase (COIN) Raised to Neutral at Bank of America on Positive Market Dynamics

Bank of America said it was upgrading the stock for a number of reasons, including the positive macro backdrop that has helped the cryptocurrency mark [...]
Aussie Favored in FX Trades, But With Dollar Out of Equation

Aussie Favored in FX Trades, But With Dollar Out of Equation

(Bloomberg) -- Investors should buy the Australian dollar versus currencies like euro and Swiss franc, a strategy that benefits from a tighter Reserve [...]
India’s foreign exchange reserves close to $500 bn, however RBI will not let rupee rise: Specialists

India’s foreign exchange reserves close to $500 bn, however RBI will not let rupee rise: Specialists

India’s foreign-exchange reserves are at a document and approaching the $500 billion mark, a [...]
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