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Dec 02 2025FINANCE

Big Banks Start to Like Bitcoin

Bank of America is now telling its rich clients to put some money into Bitcoin. They say it's okay to put 1% to 4% of their money into Bitcoin. This is a big deal because Bank of America is one of the biggest banks in the US. They will let their clients buy Bitcoin through special funds starting Ja

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Nov 17 2025TECHNOLOGY

How Banks Are Catching Up to Tech Trends

Banks are finally stepping up their tech game. For years, they lagged behind other industries, especially retail, when it came to adopting new technology. But now, with the help of something called agentic AI, banks are keeping pace with the latest innovations. This shift is huge. Just a few years

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Oct 22 2025FINANCE

Banks and Crypto: A New Friendship?

Banks are starting to see crypto in a new light. After staying away for a while, they are now taking a closer look. This change is happening because of new rules in Europe, like the Markets in Crypto-Assets (MiCA) regulation. These rules make banks feel more comfortable about getting involved with c

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Oct 21 2025FINANCE

Bank of Ireland's Big Car Loan Bill

Bank of Ireland is facing a hefty bill. They've just doubled their estimate for compensating customers who were sold car loans they didn't need or understand. The new total? A whopping £350 million. That's a lot of money, and it's all because the UK's financial watchdog, the FCA, has changed the rul

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Jan 27 2025BUSINESS

Housing Market Woes: Bank of America Cools on D. R. Horton

Bank of America has given D. R. Horton a reality check, downgrading its stock from "buy" to "neutral. " Analyst Rafe Jadrosich now expects the homebuilder to face tough times ahead, with a target price of $150 per share, just a 5% increase from its current value. High interest rates and rising input

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Dec 03 2024BUSINESS

Markets around the world are on a rollercoaster ride!

Asian stock markets shot up on Tuesday, following a record-breaking finish on Wall Street led by tech stocks. The S&P 500 hit an all-time high for the 54th time this year, while the Dow Jones dipped slightly. Some experts think Japan's stocks might benefit from President Trump's latest tariff threat

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Nov 21 2024BUSINESS

Netflix's Sports Push Could Boost Stock by $1, 000

Bank of America analyst Jessica Reif Ehrlich is really excited about Netflix's future, especially when it comes to sports. She thinks the company can hit a $1, 000 stock price, which is a big jump from where it is now. Netflix has been doing well this year, with its stock going up by more than 80%.

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Oct 22 2024FINANCE

Shares Drop in Asia, Wall Street Hits the Brakes

Asian markets, excluding China, took a dip on Tuesday as investors waited for earnings reports. Japan's Nikkei slid 1. 1%, Australia's S&P/ASX 200 fell 1. 6%, and South Korea's Kospi dipped nearly 1%. Meanwhile, Hong Kong's Hang Seng and Shanghai Composite rose slightly after China's interest rate c

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Oct 16 2024BUSINESS

Semiconductor Stocks Plunge: ASML Forecasts and U. S. Export Caps Spook Markets

Asian chip stocks took a hit on Wednesday, with investors reacting to disappointing sales forecasts from ASML, a major Dutch semiconductor equipment maker. The news sent ripples through the global market, with significant drops recorded across the board. Japanese semiconductor giant Tokyo Electron s

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Oct 15 2024FINANCE

Bank of America's Third Quarter: Profit & Trading Ups, Loan Losses Up

Bank of America had a pretty good quarter! They beat what experts expected by making more in profit and revenue. Here are the stats they shared: Earnings: 81 cents, while analysts said 77 cents Revenue: $25.49 billion, just over the $25.3 billion guess But the story isn't all sunshine and rainbows.

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