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Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss
Bank of America Jumps On Record Equity Trading Revenue, Net Interest Income Forecast Increase, Offset By FICC Miss
Following stellar equity trading results from Goldman and JPMorgan, this morning Bank of America reported that its traders also pulled in the business’s highest quarterly revenue in more than a decade, riding a wave of volatility that pushed the firm’s stock-trading desk to an all-time record. Bank of America said Q1 profit rose 17% from a year earlier, while net income came in at $8.58 billion. That amounted to $1.11 a share, above...
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Mar 7, 2026 / Tyler Durden
Iran Foreign Minister Claims U.S. Attacked Water Desalination Plant
Iran Foreign Minister Claims U.S. Attacked Water Desalination Plant
First we warned that data centers would become drone targets, and then IRGC strikes hit Amazon AWS and Microsoft-linked AI infrastructure across the Gulf. Next, we flagged water desalination plants as another target. Now, with reports that a desalination facility in Iran has been struck, it is increasingly clear that this conflict has no boundaries when it comes to civilian infrastructure.
On Saturday morning, Iranian Foreign Minister Seyed Abbas Araghchi took to X and claimed that U.S. military forces had "committed a blatant...
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Apr 1, 2026 / Tyler Durden
"He Ran On No Wars - Now We Have One": Michael Savage Breaks With Trump Over Iran
"He Ran On No Wars - Now We Have One": Michael Savage Breaks With Trump Over Iran
Another notable Trump supporter has come out against the US-Israel war in Iran. In a candid and pointed monologue delivered on his syndicated radio show marking his 84th birthday, longtime conservative voice Michael Savage directly challenged President Donald Trump’s handling of the Iran conflict. Savage, a staunch America First advocate, did not mince words: “He [Trump] has good intentions. He liked to have no war. Now we have a war. He ran on...
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Apr 28, 2026 / Dave DeCamp
CENTCOM Says US Forces Boarded and Then Released a Commercial Ship in the Arabian Sea
US Central Command said on Tuesday that its forces boarded and then released a commercial ship in the Arabian Sea, as the US continues to enforce the blockade on Iranian ports, the main impediment to US-Iran peace talks. “Earlier today in the Arabian Sea, US Marines from the 31st Marine Expeditionary Unit boarded M/V Blue […]
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