Bank of America reports fourth-quarter earnings before the bell

Key Points

Bank of America is expected to benefit from a boost in investment banking and trading activity in the fourth quarter.
Last month, CEO Brian Moynihan told investors that his firm would hit guidance for NII of about $14.3 billion.
Investors will be keen to hear about the company’s target for 2025, especially as expectations for rate cuts have been reined in.

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Finance

This stock will be one of the biggest beneficiaries from Trump’s deregulation, says Bank of America

January 16, 2025

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Finance

Stocks making the biggest moves premarket: UnitedHealth, Morgan Stanley, Target, Southwest & more

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Check out the companies making headlines in premarket trading. UnitedHealth Group – Shares dropped more than 3% after the company’s fourth-quarter revenue came in below Wall Street’s expectations. UnitedHealth posted $100.81 billion for the top line, while analysts surveyed by LSEG were expecting $101.76 billion. Earnings, however, beat the Street’s estimates. Morgan Stanley — The […]

Finance

UK Robinhood rival Freetrade snapped up by trading firm at 29% valuation discount

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Key Points U.K. Robinhood rival Freetrade has been acquired by IG Group for £160 million ($195.3 million) — a 29% discount to its last valuation. The is a sign of consolidation coming to the wealth technology industry, which is a subsector of fintech. Last year, Hargreaves Lansdown was acquired for £5.4 billion by a consortium […]