$BAC 0.34 Weak

Notable posts

• @amitisinvesting neutral 1564 eng

  A TON OF THINGS HAPPENED IN THE STOCK MARKET TODAY. Here's a full recap: 1. June U.S. inflation came in much cooler than expected. Headline CPI was 3.5% YoY vs 3.8% expected, while CPI fell 0.4% MoM vs expectations for 0.0%. Core CPI was 2.6% YoY vs 2.9% expected, with Core CPI flat at 0.0% MoM vs 0.2% expected. This marks the first negative monthly inflation reading since 2020. 2. President Trump said he has decided to replace the proposed 20% United States Reimbursement Fee on cargo through the Strait of Hormuz with trade and investment deals from Gulf States into the U.S. He said those investments will be “massive” while also being “extraordinarily good” for the Gulf States and their future. 3. IBM $IBM went down 24% after preliminary Q2 results came in well below expectations. Revenue was $17.2B vs $17.86B expected, up just 1% YoY, with consulting revenue flat and infrastructure revenue down 7% YoY. CEO Arvind Krishna said that in the last few weeks of June, clients shifted quarterly capex toward servers, storage, and memory to secure supply-constrained infrastructure ahead of expected price increases, while cybersecurity concerns also distracted customers. IBM said it did not anticipate the magnitude of the capex reprioritization. The stock has lost roughly $65B in market cap. 4. Palantir $PLTR moved from $122 in the premarket to $135 as the market opened. The stock opened down on the $IBM news around software spend shifting toward capex spend and recovered into the open, closing up 3%. $MSFT Microsoft CEO Satya Nadella quoted Alex Karp yesterday in his piece about why the market needs to focus on true enterprise transformation, not just tokens, while Chamath said on CNBC today that Karp “deserves a medal” for being on the right side of history in calling out foundation model companies that take IP without delivering customer value. 5. Fed Chair Kevin Warsh today said in his congressional testimony that he is “doubling down” on the 2% inflation target and believes this Fed will deliver 2% inflation. He added that a broader price stability objective is still in the back of his mind and said the Fed will see if further reforms are needed. Warsh also said he is prepared to do everything he can to ensure the independent conduct of monetary policy. 6. New York is set to enact the first statewide data center moratorium in the U.S., per NYT. Gov. Kathy Hochul will pause approvals for new hyperscale data centers using 50MW+ of power for one year while the state studies energy, water, and environmental impacts. The order takes effect immediately, but does not impact projects that already have required permits. Hospitals, universities, and back-office financial services are not expected to be affected. 7. The top 10 most active options today by contracts traded were $NVDA with 3.1M contracts, $TSLA with 1.4M contracts, $AAPL with 707K contracts, $PLTR with 646K contracts, $INTC with 562K contracts, $MU with 551K contracts, $IBM with 494K contracts, $AMZN with 492K contracts, $MSFT with 478K contracts, and $WULF with 420K contracts. 8. Nebius $NBIS agreed to sell $1B+ of AI compute to Reflection AI through 2029, giving the company access to Nvidia GB300 chips. Reflection AI, founded by two former Google DeepMind researchers, also signed a multibillion-dollar compute deal with SpaceX last month and has reportedly discussed raising $2.5B at a $25B valuation. Nebius already has compute agreements with Microsoft and Meta. 9. OpenAI is developing a screen-free, battery-powered smart speaker designed as a humanlike AI companion and a new home AI computer. The first consumer product is reportedly focused on voice interaction and ambient presence, giving users an AI assistant they can build a connection with. The device includes a camera and other sensors to understand surroundings and context, while tapping into ChatGPT for richer assistance than conventional smart speakers. It can control smart-home appliances, play media, answer questions, respond to messages, help with chores, assist with cooking, and play music as it moves around the home. 10. Aehr $AEHR reported a strong Q4 beat and guided well above the Street. Q4 EPS came in at $0.11 vs -$0.01 expected, while revenue was $18.8M vs $18.69M expected. The company also received $8M+ in new silicon carbide wafer-level burn-in orders as EV programs ramp, including a follow-on WaferPak order from its lead SiC production customer and a direct order from one of the world’s top two automakers to qualify SiC suppliers for next-gen EVs. Aehr said its lead customer indicated additional capacity needs this fiscal year. Most importantly, $AEHR guided FY27 revenue to $130M–$150M, far above the Street at $85M. 11. Big banks reported a very strong Q2, with Goldman Sachs $GS, Bank of America $BAC, JPMorgan $JPM, and Wells Fargo $WFC all beating expectations. Goldman was the standout, with revenue of $20.34B vs $16.35B expected and EPS of $20.98 vs $14.45, driven by a massive 53% YoY jump in Global Banking & Markets and a 72% YoY surge in Equities S&T. Bank of America beat on revenue and EPS, with trading revenue ex-DVA up 33% YoY. JPMorgan posted revenue of $58.02B vs $51.39B expected and EPS of $7.70 vs $5.72, though NII was roughly in line. Wells Fargo also beat, with revenue up 9% YoY, EPS up 25% YoY, and net loan charge-offs coming in better than expected. Overall, the quarter showed stronger trading, resilient credit, and better-than-expected earnings power across the big banks. 12. South Korea is seeing an unprecedented foreign investor pullback. Overseas investors have dumped $110B of Korean equities so far this year, already far beyond the prior 7-year full-year high of $22B in 2021. The selling intensified in June, when foreigners unloaded $31B, the biggest monthly outflow ever recorded. At the same time, local buyers have stepped in aggressively, with domestic retail investors purchasing $60B and institutions adding $15B since May began. The pressure is now spilling into leveraged retail accounts: as of July 13, 1.2M Korean margin accounts had triggered margin calls, with roughly 320K–360K accounts fully liquidated by brokers. WALL STREET IS THE GREATEST SHOW ON EARTH.

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• @WOLF_Financial neutral 704 eng

  HERE ARE THE WORLD'S 50 MOST VALUABLE COMPANIES AS OF JUNE 2026 TECHNOLOGY (22 of the top 50): NVIDIA $NVDA: $4.8T Apple $AAPL: $4.3T Alphabet $GOOGL: $4.2T Microsoft $MSFT: $2.8T SpaceX $SPCX: $2.1T TSMC $TSM: $2.3T Broadcom $AVGO: $1.8T Samsung: $1.5T Meta $META: $1.4T SK Hynix: $1.2T Micron $MU: $1.2T AMD $AMD: $848B Intel $INTC: $665B ASML $ASML: $685B Arm $ARM: $391B Cisco $CSCO: $478B Oracle $ORCL: $476B Applied Materials $AMAT: $465B Lam Research $LRCX: $464B KLA $KLAC: $319B Tencent: $485B Kioxia: $313B CONSUMER DISCRETIONARY: Amazon $AMZN: $2.5T Tesla $TSLA: $1.4T Home Depot $HD: $324B ENERGY: Saudi Aramco: $1.7T ExxonMobil $XOM: $579B Chevron $CVX: $350B FINANCIALS: Berkshire Hathaway $BRK: $1.1T JPMorgan Chase $JPM: $895B Visa $V: $625B Mastercard $MA: $431B Bank of America $BAC: $411B Morgan Stanley $MS: $357B Goldman Sachs $GS: $323B China Construction Bank: $382B Agricultural Bank of China: $326B ICBC: $308B HSBC $HSBC: $328B CONSUMER STAPLES: Walmart $WMT: $950B Costco $COST: $425B Procter & Gamble $PG: $351B Coca-Cola $KO: $346B HEALTH CARE: Lilly $LLY: $987B Johnson & Johnson $JNJ: $576B AbbVie $ABBV: $415B UnitedHealth $UNH: $372B INDUSTRIALS: Caterpillar $CAT: $453B P&G $PG: $351B (also listed under consumer staples) GE $GE: $372B (Photo Credit: VisualCapitalist)

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• @TrendSpider bearish 318 eng

  The house always wins $BAC https://t.co/x5pUcdon2E

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• @wallstengine bullish 123 eng

  BANK OF AMERICA $BAC Q2’26 EARNINGS HIGHLIGHTS 🔹 Revenue: $31.56B (Est. $30.49B) 🟢; +15% YoY 🔹 EPS: $1.21 (Est. $1.13) 🟢; +34% YoY 🔹 Net Charge-Offs: $1.41B (Est. $1.43B) 🟢 🔹 Trading Revenue ex-DVA: $7.16B (Est. $6.21B) 🟢; +33% YoY 🔹 Equities Trading ex-DVA: $3.62B (Est. $2.69B) 🟢; +70% YoY 🔹 Investment Banking Revenue: $2.14B (Est. $1.87B) 🟢; +50% YoY 🔹 FICC Trading ex-DVA: $3.54B (Est. $3.53B) 🟢; +9% YoY 🔹 Provision for Credit Losses: $1.37B (Est. $1.51B) 🟢 Segment Performance: 🔹 Consumer Banking Revenue: $11.3B; +5% YoY 🔹 Global Wealth & Investment Management Revenue: $6.9B; +16% YoY 🔹 Global Banking Revenue: $6.2B; +10% YoY 🔹 Global Markets Revenue: $8.0B; +34% YoY Financials: 🔹 NII FTE: $16.16B; +9% YoY 🔹 Loans: $1.22T (Est. $1.22T) 🟡 🔹 Total Deposits: $2.03T (Est. $2.05T) 🟡 🔹 Noninterest Expense: $18.63B (Est. $18.35B) 🔴 🔹 Standardized CET1 Ratio: 11.2% (Est. 11.2%) 🟡 Capital Return: 🔹 Shareholder Returns: $8.0B, including $2.0B dividends and $6.0B buybacks Commentary: 🔸 “It was also an exceptional quarter for our markets-facing businesses, with investment banking fees up 50% year-over-year. Near-term, pipelines remain strong, and commercial borrowing has picked up.” 🔸 “With strong capital and liquidity, diversified funding and solid asset quality, our $3.5 trillion balance sheet remained a source of strength, as we helped clients and returned $8 billion to shareholders in the second quarter through dividends and share repurchases.”

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• @WOLF_Financial neutral 105 eng

  HERE ARE AMERICA'S 🇺🇸 50 LARGEST COMPANIES BY REVENUE IN 2026 RETAIL: 👑 Amazon $AMZN: $717B Walmart $WMT: $713B Costco $COST: $275B Home Depot $HD: $165B Walgreens: $148B Kroger $KR: $148B Target $TGT: $105B Lowe's $LOW: $86B HEALTH CARE: UnitedHealth $UNH: $448B McKesson $MCK: $403B CVS Health $CVS: $402B Cencora $COR: $321B Cigna $CI: $275B Cardinal Health $CAH: $223B Elevance Health $ELV: $199B Centene $CNC: $195B Humana $HUM: $130B Johnson & Johnson $JNJ: $94B TECHNOLOGY: Apple $AAPL: $416B Alphabet $GOOGL: $403B Microsoft $MSFT: $282B Meta $META: $201B NVIDIA $NVDA: $216B Dell $DELL: $114B FINANCIALS: Berkshire Hathaway $BRK: $371B JPMorgan Chase $JPM: $182B Fannie Mae: $153B StoneX $SNEX: $132B Freddie Mac: $122B Bank of America $BAC: $113B State Farm: $123B Progressive $PGR: $88B AUTOMOTIVE: ExxonMobil $XOM: $332B Ford $F: $187B GM $GM: $185B Tesla $TSLA: $95B ENERGY: Chevron $CVX: $189B Marathon $MPC: $133B Phillips 66 $PSX: $132B Valero $VLO: $123B Energy Transfer $ET: $86B MEDIA & TELECOM: Verizon $VZ: $138B AT&T $T: $126B Comcast $CMCSA: $124B Walt Disney $DIS: $94B INDUSTRIALS & LOGISTICS: PepsiCo $PEP: $94B Boeing $BA: $90B UPS $UPS: $89B RTX $RTX: $89B FedEx $FDX: $88B

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• @wallstengine neutral 65 eng

  Today's Key Events (All EST) — 07/14/2026 06:00: US NFIB Business Optimism Index 08:15: US ADP Weekly Employment Change 08:30: US CPI YoY 10:00: Fed Chair Warsh Testifies at Committee 12:40: Fed's Barr 13:00: Fed's Goolsbee 13:30: Fed's Cook 14:55: Fed's Bowman 16:00: US Naval Blockade on Iran Starts 16:00: US TIC Long-Term Transactions Before Open 👇 02:00: Ericsson $ERIC 06:00: AngioDynamics $ANGO 06:35: JPMorgan $JPM 06:40: Wells Fargo $WFC 06:45: Bank of America $BAC 06:50: Fastenal $FAST 07:25: Goldman Sachs $GS 07:30: Americas CarMart $CRMT 08:00: Citigroup $C After Hours 👇 16:00: Kestra Medical Technologies $KMTS 16:05: Aehr Test Systems $AEHR 16:05: Phoenix Education Partners $PXED 16:30: Equity Bancshares $EQBK 16:50: Loop Industries $LOOP

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• @WOLF_Financial neutral 56 eng

  16 US COMPANIES JUST GENERATED OVER $1 TRILLION IN COMBINED ANNUAL PROFIT, MORE THAN EVERY OTHER PROFITABLE COMPANY ON EARTH COMBINED Google $GOOGL: $160B Microsoft $MSFT: $125B Apple $AAPL: $123B Nvidia $NVDA: $120B Amazon $AMZN: $91B Berkshire Hathaway $BRK.B: $72B Meta $META: $71B JPMorgan Chase $JPM: $59B Bank of America $BAC: $32B ExxonMobil $XOM: $25B Eli Lilly $LLY: $25B Broadcom $AVGO: $25B Micron $MU: $24B Visa $V: $22B Walmart $WMT: $22B Wells Fargo $WFC: $22B

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• @LeverageShares neutral 60 eng

  America's biggest banks are getting even bigger. The top five added $379 billion in total assets in just one quarter, pushing the top 10 to nearly $20 trillion. $JPM now stands at $5.0T, followed by $BAC ($3.5T), $C ($2.9T), $WFC ($2.3T), and $GS ($2.1T). Which bank has the strongest long-term outlook?

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