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BIZARRE: 13 - What They Never Told You

Older millennials are in 'a constant perpetuating state of playing catch up,' making them the most financially stressed of any age group

"Some generations get lucky, and some don’t."

Fortune

Retail investors aren’t listening to Wall Street doom-mongers

Amateur investors are optimistic about the stock market as the pros are getting more cautious.

Fortune

Gen Z and millennials are outpacing older generations in 401(k) contributions

Even when cash is tight, young workers carve out space for savings.

Fortune

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S&P 500 companies are beating analysts’ earnings estimates—but wealth managers argue investors should ‘avoid chasing this recent market rally’

Wall Street feared S&P 500 earnings per share would drop as much as 7% year over year in the second quarter. The reality has been better than expected. But will it last?

Fortune

Bank Of America Retracts Recession Forecast, Citing Strong Job Market And Consumer Spending

BofA becomes the first major Wall Street bank to backtrack on recession prediction, reflecting growing economic optimism.

Zenger

When is the iPhone 15 coming out, and what new features can we expect?

Apple’s latest smartphones offer significant upgrades over past models, including new cameras and more powerful chips

Evening Standard

Gen Z’s digital natives will seem old-fashioned next to ‘Gen A,’ the first A.I. native generation, BofA says

“Children will now have an A.I. avatar shadow assistant or agent from birth," says Timothy Papandreou. He said Gen Z will be the “last generation to not grow up with AI.”

Fortune

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Bank Of America CEO Highlights Stable Deposits And Healthy Consumers Amid Strong Quarterly Results

BofA's Q2 revenue beats estimates, client balances climb and loan demand remains steady.

Zenger

DraftKings Shares Surge As Bank Of America Calls It A ‘KIng’

Bank upgrades DraftKings, predicts significant improvement in margins and profitability.

Zenger

Bank of America hit with $250M in fines, customer refunds for ‘double-dipping’ fees, fake accounts

It is one of the highest financial penalties in years against Bank of America, which has largely spent the last 15 years trying to clean up its reputation.

Chicago Sun-Times

Why You Should Consider Adding Uranium Stocks to Your Portfolio

Investors aren't out of the woods yet, so if an economic meltdown happens in 2023, are uranium stocks a strong place to hide?

Barchart

Why Uranium Stocks Could

Investors aren't out of the woods yet, so if an economic meltdown happens in 2023, are uranium stocks a strong place to hide?

Barchart

Tesla To Lose Significant EV Market Share To Ford, GM By 2026: Report

Tesla could lose ground to Ford and GM as per Bank of America's Car Wars report, while EVs remain on track to grab a broader market share

InsideEVs

Women Have Significantly Less Saved in 401(k)s Than Men — And What to Do About It

A new report shows women have significantly less in their 401(k) accounts than men, and what women can do about that.

Kiplinger

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Fortune

Boomers are pushing millennials out of the housing market for 3 main reasons

BofA: "In the current environment...baby boomers are better equipped financially for home purchasing."

Fortune

Morgan Stanley analysts see a fall for commercial real estate 'worse than in the Great Financial Crisis'—BofA disagrees for 3 key reasons

Bank of America: "We conclude that the [CRE] challenges are real and significant, but, for several reasons, they are manageable and do not represent a systemic risk to the U.S. economy"

Barchart

Nvidia Stock is Up Over 103% YTD - Making Shorting Its Puts Attractive for Income Plays

Nvidia stock is up over 103% YTD, including 10%+ in the last month. This has pushed up its put option premiums and made shorting out-of-the-money puts ideal for investors to create income.

Fortune

'Attaining the American dream is becoming more challenging than ever' finds BofA's millennial housing survey

BofA: “While some Millennials could feel motivated to buy a home soon to get ahead of cost increases, others may stay out of the housing market due to affordability challenges.''

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Fortune

Remote work is turning America into a 'suburban nation,' a massive millennial survey by BofA finds

To aging millennials, the suburbs are the good place.

The Independent UK

Banks are paying savers again after many years of low rates

Banks are paying up for savers’ deposits in a much bigger way than they have in a long time

Fortune

'Buy in May, sell in August' says Bank of America strategist

The Bank of America has debunked a market myth and uncovered when investors should really be selling up this summer.

Fortune

Warren Buffett slams failed banks for doing ‘dumb things’ but says ‘depositors will be safe no matter what’

Buffett blamed failed-bank executives for causing instability in the financial sector Wednesday, but said with regulators’ backing, “banks can go bust” and “depositors aren’t going to be hurt.”

Zenger

Wall Street Analysts Raise Their Oil Price Forecasts After Shocking Supply Cuts By OPEC+

Analysts on Wall Street are becoming far more bullish on oil prices, after OPEC+ announced voluntary output cuts totaling 1

Fortune

Nearly 90% of fund managers expect the U.S. to remain stuck in stagflation in the wake of a banking crisis, BofA survey says

With the Fed being "boxed in" by the latest banking crisis, experts are raising concerns about “greater chances of stagflation.”

Fortune

March had 'crashy vibes' for the economy and it could mean a recession, BofA says

The Fed's goal of bringing down inflation without triggering a recession may have just gotten a lot harder.

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