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Balaji· 2025-07-14 14:51
Remember, big tech did clean M&As for years.So what changed?It was the Biden-era regulatory assault.The most recognizable face was Lina Khan at FTC.Though to be fair, it's now an international affair.And it's also been continued by the current admin.Because Trump 2 is pro-crypto, but anti-Big Tech.And you know what? I get it.Big Tech did back wokes and censor citizens.But big M&As aren't really big wins for bigcos.They're more like surrenders.They signify that big tech couldn't build, so had to buy.And each ...
Evaluating BAC's Growth Drivers and Risks Ahead of Q2 Earnings
ZACKS· 2025-07-14 14:21
Key Takeaways BAC's Q2 earnings are expected to rise 3.6% on higher NII and trading performance. Loan demand stayed firm, driving BAC's NII estimate to $14.86B, up 7.2% from the prior-year quarter. IB income may fall 15.6% amid tariff-related deal slowdowns, while trading revenues are expected to grow 9.1%.One of the biggest banks in the United States, Bank of America (BAC) , is scheduled to announce second-quarter 2025 results on July 16 before the opening bell.Bank of America’s first-quarter performance ...