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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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May 18, 2026 / Tyler Durden
Space Stocks Take-Off On Musk's SpaceX IPO Comments
Space Stocks Take-Off On Musk's SpaceX IPO Comments
AST SpaceMobile, EchoStar, and Rocket Lab moved higher in premarket trading in New York after Elon Musk, speaking by video at the Samson International Smart Mobility Summit on Monday, said a SpaceX IPO is coming "pretty soon," adding to investor hype around the publicly traded space industry.
"We've got to get the SpaceX IPO stuff going here pretty soon," Musk told the summit, which was taking place in Tel Aviv, via video call.
Elon: "I would be there in person, but we...
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Apr 5, 2026 / Jason Ditz
Hezbollah Claims ‘Direct Hit’ on Israeli Warship Off Lebanese Coast; IDF ‘Unaware’ of Incident
Hezbollah has reported firing a cruise missile at an Israeli warship operating 68 nautical miles off the Lebanese coast, and further claimed to have scored a “direct hit” on the warship. Details of the hit remain unclear, as the IDF claims to be totally unaware of any such incident, while some videos claim to show […]
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Apr 2, 2026 / Dave DeCamp
Israel Has Killed at Least 713 Palestinians in Gaza Since Signing Trump-Backed ‘Ceasefire’ Deal: Health Ministry
The Israeli military has killed at least 713 Palestinians in Gaza since the signing of the US-backed “ceasefire” deal in early October, Gaza’s Health Ministry said in its daily update on Thursday, as Israeli attacks continue across the Strip in violation of the agreement. “A number of victims are still under the rubble and in […]
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