BofA

Bank of America's Merrill Lynch and Wells Fargo have been offering spot bitcoin exchange-traded funds to eligible wealth management clients, highlighting the growing popularity of the asset class.The ETFs have been available to clients for weeks, a source familiar with Bank of America's plans told Reuters on Thursday.Elevate Your Tech Prowess with High-Value Skill CoursesOffering CollegeCourseWebsiteMITMIT Technology Leadership and InnovationVisitIIT DelhiIITD Certificate Programme in Data Science & Machine…

Apple Inc. shares rose on Thursday, after Bank of America upgraded the iPhone maker to buy from neutral, a sign of confidence in the stock following a weak start to the year.The stock gained 3.3%, its biggest one-day percentage gain since May. It remains down 2% this year, making it one of the weakest performers among the so-called Magnificent 7 megacaps that fueled market gains in 2023. Artificial intelligence will be a driver for the company's hardware and services business, according to BofA analyst Wamsi Mohan, who…

Target price remains unchanged to ₹1,020, with an upside of 20.1%Soundbox is a popular product with smaller shops shows BofA's primary market researchPaytm is India's leading digital ecosystem with 90 mn MTUs and 33.5 mn+ merchantsPaytm, India's leading payments and financial services company and the pioneer of QR and mobile payments, has been racing ahead with its top performance in the Soundbox segment. In its recent report, global brokerage firm BofA has reiterated the dominance of Paytm pioneer product Soundbox.…

Bank of America Corp's digital personal finance tool, Life Plan, has attracted more than $55 billion in new money since its launch in late 2020, as customers use technology to set financial goals. Life Plan, which has more than 10 million users, enables customers to set goals such as saving for a vacation or college or to build a retirement fund. The tool has gained popularity as consumers increasingly use apps for managing payments, budgeting and shopping. BofA's app allows customers to move money around their bank and…

The American consumer is still strong despite roaring inflation, and that will pose a challenge to the Federal Reserve's mission to tamp down inflation, Bank of America CEO Brian Moynihan told CNBC's Jim Cramer on Wednesday."One of the toughest jobs they have is the American consumer is still in pretty good shape," Moynihan said in an interview on "Mad Money.""Data through last Friday basically says that for the month of July … is up about 10 percentage points from last year's July first three weeks. And the transaction…