Gewinn- und Verlustrechnung von Bank of America Corporation

Some industry leaders are reportedly eyeing a deal that could help them skirt around limits on how much they can charge for debit-card fees.

Adobe Inc. (ADBE) shares rose about 4.6% on Tuesday even after Bank of America reinstated coverage of the software company with an Underperform rating. The brokerage argued that generative artificial intelligence is weakening Adobe's competitive position despite the stock trading near the lower end of its historical valuation range.

Bank of America has underperformed the sector so far this year. Investors may still like banking as a theme, rotating into some of the weaker-performing names.

Big banks have reportedly been looking to acquire a payments processing network from Fiserv, and the financial technology firm's stock is getting a boost Tuesday on the news.

The financial-technology stock was the biggest riser in the S&P 500 ahead of the open, despite broader tech weakness.

Vertex snaps up Crinetics, Synopsys pivots to higher-margin AI offerings, and more

U.S. banks including JPMorgan ​and Bank ‌of America have in recent ​months held ​preliminary discussions about a ⁠deal to ​acquire a ​network owned by the financial-technology company ​Fiserv , the ​Wall Street Journal reported ‌on ⁠Monday, citing sources.

Bank of America stock reached a record high on Monday, rising 2% to $59.90 amid a broader rally in bank stocks.

Broad diversification and lower costs favor Vanguard, but First Trust's concentrated banking bet delivered 24% returns over the past year.

With the third quarter underway, most of the top firms we cover on Wall Street are releasing their top stock ideas for the next three months.