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The Latest Breaking News from Bank of America

Memorial Day: Higher fuel prices have some Americans scaling back their travel plans

Higher fuel prices and other inflationary pressures are making most forms of travel more expensive as Memorial Day kicks off the summer season in the U.S. Industry forecasts show millions of people still plan to get away during the holiday weekend and over the summer

AAP

Wall Street Is Warming Up to ServiceNow Stock. That’s Because It’s Now a Bet on Agentic AI.

Analysts are increasingly seeing ServiceNow not as an AI loser, but as a potential control center for the coming wave of agentic AI.

Barchart

The Great Cloud Divide: How AI Is Reshuffling the Software Deck

ServiceNow and Salesforce are charting divergent paths in the AI revolution, with one building core infrastructure and the other leveraging its massive scale.

MarketBeat

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This Analyst Just Upped the Price Target on Snowflake Stock. Here's Why.

Snowflake stock rallied on a bullish note from Bank of America Securities. Here’s why analyst Koji Ikeda sees significant further upside in SNOW shares in 2026.

Barchart

US stock market crashes today: Dow Jones, S&P 500, and Nasdaq fall hard as bond yields hit 19-year high - Nvidia, Broadcom, AMD, and Amazon lead massive Wall Street selloff

US stock market crashes today as Dow Jones, S&P 500 and Nasdaq plunge. The Dow Jones Industrial Average dropped more than 237 points, while the S&P 500 and Nasdaq slid deeper into negative territory as technology and AI-linked stocks faced heavy selling pressure. A perfect storm of soaring Treasury yields,…

The Economic Times

Bank of America 7-Eleven ATM Settlement — How to Claim Your Share of the $2.25 Million Payout

Bank of America agrees to a $2.25 million settlement over alleged duplicate ATM fees at 7-Eleven. Former customers must file claims by June 29 to qualify for compensation.

International Business Times UK

Ignore the Foundry Fears and Keep Buying Taiwan Semi Stock

As AI demand surges, Bank of America believes investors should ignore the competitive noise and keep buying Taiwan Semi stock.

Barchart

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J.B. Hunt Says Freight Rates Are Rising as Capacity Tightens, Not Demand

Executives from J.B. Hunt Transport Services (NASDAQ:JBHT) said freight-market conditions are tightening, but they attributed much of the shift to capacity leaving the market rather than a broad-based demand rebound. Speaking at a Bank of America transportation conference, Brad Hicks, executive vic

MarketBeat

Stanley Druckenmiller Dumps Alphabet After Boosting Stake 277% Last Quarter — Here's What He's Buying Now

Stanley Druckenmiller's Duquesne Family Office sold its entire Alphabet stake in Q1 despite impressive returns amid concerns over AI competition and regulatory pressures.

International Business Times UK

Insmed CEO Defends BRINSUPRI Launch as Sales Surge, TPIP Pipeline Gains Focus

Insmed (NASDAQ:INSM) Chair and CEO Will Lewis said the company remains confident in the launch trajectory of BRINSUPRI, despite investor concerns over discontinuation rates that followed the company’s latest update. Speaking at a Bank of America healthcare conference, Lewis said the company intended

MarketBeat

Integra LifeSciences Says Transformation Is Working as SurgiMend Relaunch Nears

Integra LifeSciences (NASDAQ:IART) is keeping its core strategy intact following a leadership change that returned Stuart to the roles of chairman and chief executive officer, Chief Financial Officer Lea Knight said during a Bank of America med tech conference discussion hosted by analyst Rei Tan.

MarketBeat

Henry Schein Highlights Dental Momentum, $125M Savings Goal Despite Medical Softness

Henry Schein (NASDAQ:HSIC) executives said the company is seeing continued momentum in its dental business and remains committed to previously outlined operating improvement targets, while acknowledging softness in medical tied to a weaker respiratory illness season. Speaking at a Bank of America h

MarketBeat

GRAIL Says Galleri Demand Is Rising as NHS Talks, FDA Review Move Ahead

GRAIL (NASDAQ:GRAL) said demand for its Galleri multi-cancer early detection test has continued to grow despite recent headlines related to its NHS study, according to comments made by Aaron, who identified himself during the discussion as the company’s CFO, at a Bank of America event. Aaron said t

MarketBeat

Erasca Touts 'Eye-Popping' ERAS-0015 Lung Cancer Data, FDA Path at BofA Conference

Erasca (NASDAQ:ERAS) executives said the company sees multiple potential development paths for its RAS-targeting portfolio, highlighting early clinical activity for ERAS-0015 in lung, pancreatic and colorectal cancers during a Bank of America biotech conference session. Jonathan Lim, Erasca’s chair

MarketBeat

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MarketBeat

Denali Therapeutics Says AVLAYAH Launch Ahead of Expectations After Hunter Syndrome Approval

Denali Therapeutics (NASDAQ:DNLI) is seeing early commercial interest for its first approved drug, AVLAYAH, following its March 24 accelerated approval for Hunter syndrome, Chief Operating Officer and Chief Financial Officer Alexander Schuth said at a Bank of America Securities conference. Speaking

MarketBeat

CRISPR Therapeutics Enters 'Second Phase' as CASGEVY Momentum Builds, Pipeline Data Looms

CRISPR Therapeutics (NASDAQ:CRSP) Chief Executive Officer Sam Kulkarni said the company is entering a “second phase” as it moves beyond the initial launch of CASGEVY and prepares for data from multiple pipeline programs over the next 12 to 18 months. Speaking at a Bank of America fireside chat host

Barchart

Akamai Stock Is Surging on an Analyst Upgrade. It’s No Longer a Legacy Tech Company.

Akamai stock is soaring as Bank of America says the company is rapidly emerging as a major AI infrastructure player, boosting its price target to $175.

MarketBeat

Biogen Conference: Lupus, Kidney Programs Take Center Stage in Immunology Push

Biogen (NASDAQ:BIIB) is continuing to position immunology as a larger part of its strategy, with late-stage lupus and kidney disease programs expected to shape the company’s next phase of growth, Adam Meyers, head of the company’s immunology and new disease areas franchise, said at Bank of America’s

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MarketBeat

Bicara Therapeutics Touts Cancer Drug Progress Ahead of 2026 Pivotal Data

Bicara Therapeutics (NASDAQ:BCAX) said its lead cancer drug candidate, ficerafusp alfa, remains on track for pivotal data in head and neck cancer in mid-2026, as the company outlined its development strategy and competitive positioning at the Bank of America Healthcare Conference. Ryan Kohlhepp of

Barchart

Why Bank of America Is Betting Big on ASML Stock as Trump-Xi Meet

As Trump and Xi meet in Beijing, ASML stock is expected to emerge as a key winner from any easing in U.S.-China chip tensions.

Barchart

This Analyst Just Upgraded Akamai Technologies. Here's Why.

Akamai stock rallies as Bank of America raises its price target to $175. Here’s why BofA is constructive on AKAM shares for the remainder of 2026.

MarketBeat

AeroVironment CEO Says Drone Warfare Shift Is ‘Our Moment’ as Defense Demand Builds

AeroVironment (NASDAQ:AVAV) Chairman, President and CEO Wahid Nawabi said accelerating global security threats are reshaping defense priorities toward drones, loitering munitions and counter-unmanned aircraft systems, areas where he said the company is well positioned. Speaking at a Bank of America

International Business Times UK

Nvidia Heads Into 20 May Earnings With a $5.3 Trillion Valuation — Growth Must Stay 'Historically Impossible'

Nvidia's upcoming Q1 FY2027 earnings report is anticipated to show strong growth, driven by AI infrastructure demand. Analysts remain optimistic despite the company's high market valuation.

MarketBeat

Assembly Biosciences Touts HSV, Hepatitis D Catalysts at BofA Conference

Assembly Biosciences (NASDAQ:ASMB) Chief Medical Officer Anuj Gaggar outlined the company’s virology strategy and upcoming clinical priorities during a Bank of America-hosted discussion, emphasizing programs in herpes simplex virus, hepatitis D and transplant-related herpes viruses. Gaggar describe

The Independent UK

If you used a Bank of America card at a 7-Eleven ATM, you are eligible to receive money after settlement

The disputed fees were charged at FCTI-owned 7-Eleven ATMs between May 1, 2018, and November 16, 2021

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