智通财经7月9日电，科威特主权基金据称将出售价值31亿美元的美国银行股份。 ...

Market Outlook - Bank of America strategists increased their positive outlook for US equities [1] - Corporate America demonstrates resilience by maintaining earnings guidance despite challenging trade policies [1]

HSBC handed out a round of bank downgrades this morning, cutting JPMorgan Chase & Co (NYSE:JPM) and Goldman Sachs Group Inc (NYSE:GS) to "reduce" from "hold," and Bank of America Corp (NYSE:BAC) shares to "hold" from "buy." The updates come as the three financial services giants prepare for earnings next week, with JPMorgan set to report second-quarter results before the open on Tuesday, July 15, while Bank of America and Goldman Sachs are slated to follow with premarket reports on Wednesday, July 16.JPM wa ...

Group 1 - Analyst Mike Mayo from Wells Fargo stated that U.S. bank stocks remain bullish as long as there is no economic recession [1] - Baird downgraded the ratings of JPMorgan Chase and Bank of America based on valuation considerations [1] - Analyst Martinez from HSBC holds a more positive view on "super regional banks," noting that despite the rise in stocks of U.S. Bancorp, PNC Financial Services Group Inc., and Truist Financial Corporation, their valuations are more attractive, thus assigning buy ratings [1]

智通财经APP获悉，华尔街对标普500指数的看涨情绪升温，高盛和美国银行均上调了该指数的目标位，原 因是大型上市公司表现强劲、债券收益率下降以及美联储宽松政策早于预期。 高盛分析师David Kostin表示："不断变化的关税形势给我们的盈利预测带来了很大的不确定性，我们2025年 的盈利预测与市场普遍预期基本一致，但2026年的盈利预测低于市场普遍预期。我们每股收益预测面临的 主要下行风险是最终的关税水平及其对企业利润的影响。" 美国银行预计短期内股市上涨空间有限，并认为在盈利信号不一以及短期内缺乏利率催化剂的情况下，该 指数将在第三季度横盘整理。 Subramanian表示："记住，股价回报只是故事的一半——股息在未来可能会发挥更大的作用。在零利率政策 期间，股息增长滞后于收益增长，这降低了现金回报的重要性。" 高盛目前预计标普500指数到年底将升至6600点，12个月内将达到6900点，较此前的预测分别上调了6%和 11%，理由是美联储将更早采取降息行动。这是高盛策略师两个月内第二次上调预期，也是今年第四次调整 标普500指数目标位，反映出华尔街策略师在关税不确定性时期面临的挑战。 高盛再次上调标普50 ...

Group 1 - Goldman Sachs expects the Federal Reserve to cut interest rates in September, reflecting early signs of milder inflation related to tariffs and emerging deflationary forces [1] - Goldman Sachs raises its S&P 500 index target for the next 12 months by 11%, citing earlier and deeper monetary easing by the Fed and strong fundamentals of large-cap stocks [1] - The S&P 500 index's expected returns for 3 months, 6 months, and 12 months have been adjusted to +3%, +6%, and +11% respectively, with new target levels set at 6,400, 6,600, and 6,900 points [1] Group 2 - Morgan Stanley indicates that U.S. trade negotiations are moving towards a tactical escalation, with potential increases in tariffs affecting Asian economies [2] - Mizuho Securities notes that OPEC+ plans to increase production by 548,000 barrels per day, reflecting Saudi confidence in market demand rather than an intention to capture market share [3] - Nomura Securities suggests that clearer trade tariffs could help the market eventually rise, as new agreements may reduce uncertainty [5] Group 3 - Bank of America reports that improved Canada-U.S. relations and reduced tariff tensions are likely to benefit the Canadian banking sector [4] - OCBC Bank highlights that despite recent cooling measures in Singapore's real estate market, there remains potential for price and transaction volume increases [7] - Goldman Sachs predicts that the Reserve Bank of Australia will cut rates by 25 basis points in July, with a terminal rate potentially dropping to 3.10% [8] Group 4 - Westpac Bank expects the Reserve Bank of New Zealand to maintain its cash rate in July, leaving the market to interpret future rate changes [9] - CICC notes that the Hong Kong stock market is entering a new era driven by active trading and structural changes in asset and funding dynamics [7] - Huatai Securities anticipates a turning point for IDC due to growing domestic and international demand for intelligent computing centers [8] Group 5 - Galaxy Securities identifies new investment opportunities in the upstream life sciences sector, driven by recovery in revenue growth and domestic substitution trends [9]

Group 1 - Bank of America is expected to report earnings on July 16, 2025, with revenues projected at approximately $26.77 billion, reflecting a 5.5% year-over-year increase, and earnings per share anticipated to be around $0.87, up from $0.83 in the same period last year [2] - The bank may see an increase in net interest income due to reduced deposit costs and higher yielding assets, but the investment banking sector is likely to negatively impact overall performance, with a potential revenue decline of up to 25% in Q2 due to slowed deal activity from policy uncertainties [2] - Bank of America currently has a market capitalization of $374 billion and reported a net income of $28 billion over the past twelve months, despite an operational loss [3] Group 2 - Historical data indicates that Bank of America has recorded 20 earnings data points over the last five years, with positive one-day returns occurring approximately 60% of the time, increasing to 75% when considering the last three years [5] - The median of the 12 positive one-day returns is 2.9%, while the median of the 8 negative returns is -2.6% [5] - Correlation data shows the relationship between one-day post-earnings returns and subsequent five-day returns, which can inform trading strategies [6]

Core Insights - Bank of America has contributed over $3.5 million in fire relief efforts to support clients, employees, and communities affected by the January wildfires in Los Angeles [1][2]. Group 1: Financial Contributions and Support - The latest round of grants includes more than $1 million directed to local nonprofits for various recovery resources, including assistance for small businesses and families [1]. - Bank of America has focused on small business relief, allocating $400,000 to support small businesses through local Community Development Financial Institutions (CDFIs) [4]. - The bank has also provided direct grants to impacted small businesses and support to chambers of commerce and other business support entities [4]. Group 2: Recovery Efforts and Community Engagement - Bank of America has opened a temporary mobile financial center in response to the destruction of two of its financial centers due to the fires and is committed to rebuilding permanent centers [5]. - The company has successfully reunited over 2,000 clients with their safe deposit box possessions from the destroyed locations [5]. - Bank of America is collaborating with government officials to address insurance challenges and rebuilding needs for impacted homeowners and communities [6]. Group 3: Leadership and Strategic Focus - The recovery efforts are led by Bank of America Business Banking president Raul A. Anaya, who has been appointed to focus on these initiatives full-time [2][3]. - The bank aims to leverage its expertise and connections to assist in the rebuilding process for the Los Angeles community [3].

Core Insights - The article discusses various credit cards that are suitable for building credit in 2025, highlighting their features, rewards, and benefits for users looking to improve their credit scores [1] Group 1: Capital One Quicksilver Secured Cash Rewards Credit Card - Offers a straightforward earning rate of 1.5% cash back on all eligible purchases, with no annual fee [3][4] - Users can earn back their $200 security deposit as a statement credit with responsible use and may be considered for an upgrade to an unsecured card after six months [5] Group 2: Chase Freedom Rise® - Designed for credit card beginners, it has a $0 annual fee and offers 1.5% cash back on all purchases [7][8] - Provides a $25 statement credit for signing up for automatic payments within the first three months and increases approval odds for Chase banking customers [8] Group 3: Petal® 2 Visa® Credit Card - No security deposit is required, and it offers a rewards structure that increases cash back from 1% to 1.5% after making on-time payments [11][12] - Users can earn a credit line increase in six months by making qualifying on-time payments, with no annual fees or foreign transaction fees [12] Group 4: Discover it® Secured Credit Card - Offers 2% cash back at gas stations and restaurants up to $1,000 spent quarterly, and 1% on all other purchases, with no annual fee [14][16] - Provides a unique welcome offer where Discover matches all cash back earned at the end of the first year [16] Group 5: Navy Federal nRewards® Secured Credit Card - Specifically for military members, it has a $0 annual fee and offers 1x points on all eligible purchases [23][26] - Users can submit a security deposit of $200 to $5,000, which acts as their credit limit, and may be eligible for a credit limit increase after three months [25] Group 6: U.S. Bank Altitude® Rewards Card - Offers 4x points on dining and 2x points on eligible gas stations and grocery stores, with a $0 annual fee [29][30] - Users may automatically graduate to an unsecured card with responsible usage [30] Group 7: Bank of America® Unlimited Cash Rewards Secured Credit Card - Allows a security deposit of $300 to $5,000, which acts as the credit limit, and offers 1.5% cash back on all purchases [33][36] - Provides a $15 annual streaming credit for services like Netflix or Spotify [33] Group 8: Student Credit Cards - Capital One Savor Student Cash Rewards Credit Card offers 8% cash back on entertainment purchases and 3% on dining, with a $0 annual fee [53][55] - Bank of America Travel Rewards for Students provides 25,000 bonus points for spending $1,000 in the first 90 days, with no foreign transaction fees [57][60]

Core Points - A free farmers market for seniors aged 65 and older is being organized by Long Island Cares in partnership with PSEG Long Island, scheduled for July 9 [3][4] - The event will provide over a dozen locally sourced fresh produce items, supported by a grant from PSEG Long Island, along with cooking demonstrations by nutritionists [4][6] - The initiative aims to assist seniors in need of fresh food, with the event being first-come, first-served and running rain or shine [5][8] Partnership and Community Engagement - The collaboration between PSEG Long Island and Long Island Cares is highlighted as a successful example of community support [5] - PSEG Long Island has committed to sponsoring six community events, providing fresh produce and resources to seniors and veterans [7][8] - Long Island Cares serves over 1,500 seniors monthly through various programs, indicating a strong community focus [9] Additional Programs - Long Island Cares will showcase its "Farm to Truck" mobile farmers market during the event, funded by a $250K grant from Bank of America [6] - The partnership has been ongoing for four years, with each year seeing increased participation and improvement in services offered [6]