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CHARLOTTE, N.C. , July 30, 2025 /PRNewswire/ -- Gen Z (ages 18-28) is finding adulthood more expensive than expected.
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Advanced Micro Devices Inc (NASDAQ:AMD, ETR:AMD) will report its second quarter earnings next week, and Bank of America analysts expect the chipmaker to deliver results ahead of consensus, driven by strength in its core CPU and GPU businesses and favorable pricing dynamics in AI products. The bank's analysts repeated their ‘Buy' rating on AMD shares and raised their price objective to $200 from $175, citing a stronger AI CPU and GPU environment.
Bank of America BAC and PNC Financial Services PNC are two prominent U.S. banks with broad national reach. BAC leverages its massive scale and diversified financial services, while PNC is distinguished by its prudent growth strategy and targeted regional expansion.
With Q2 earnings season now in full swing, hundreds of companies have reported financial results over the past several weeks. However, only a few big names have announced something many investors want: increasing buybacks.
Shares of Bank of America (NYSE: BAC) gained 2.33% over the past month, bringing its year-to-date gain to 15.02%. Since hitting its 2025 low on April 4, the stock is up nearly 40%. When the company reported Q2 earnings earlier in July, it announced mixed results with EPS of 89 cents versus analysts’ expectations of 86 cents, and revenues of $26.61 billion versus expectations of $26.72 billion. It was the only major U.S. bank to fall short on revenue for the quarter. Since its Depression-era roots in San Francisco, Bank of America has weathered close to a century of wars and financial upheavals to rise as one of the top financial institutions in the US, ranking #2 behind JP Morgan Chase by asset size. Bank of America’s massive AUM heft made it a $45 billion “too big to fail” TARP bailout recipient during the 2008 subprime banking meltdown. It also acquired Wall Street investment banking stalwart Merrill-Lynch as a kicker. CEO Brian Moynihan has ruthlessly slashed operations
Most of the trillion-dollar investment opportunity headlines have to do with artificial intelligence, autonomous vehicles, Internet of Things, or other tech trends. And there's certainly a good reason they're getting so much attention.
Shares of Bank of America (NYSE: BAC) gained 2.33% over the past month, bringing its year-to-date gain to 15.02%.
Bank of America's preferred dividends remain well-covered, with less than 5% of net profit needed to service them, ensuring strong income security. The Series GG preferred shares offer a nearly 6% yield, and post ex-dividend, the effective yield rises above 6%, making them attractive for income investors. Despite call risk, BAC has not redeemed these preferreds, suggesting they may remain outstanding due to the reasonable cost of equity for the bank.
CNBC's Emily Wilkins joins 'Money Movers' to discuss the House China Committee issuing subpoenas for JPMorgan CEO Jamie Dimon and Bank of America CEO Brian Moynihan.