Bank of America's $1.2B fine plus profit miss sinks shares
Investors punish the bank twice: a hefty government penalty and a downbeat earnings report. Here is what it signals for big banks.

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Investors punish the bank twice: a hefty government penalty and a downbeat earnings report. Here is what it signals for big banks.
A 42-year-old rider was ejected from a coaster at Six Flags Over Georgia, striking passengers and prompting ride closures as investors flee the stock.
South Korea's market took the hardest hit as investors weigh a reported Chinese chip breakthrough against the durability of the A.I. capex boom.
A journalist's two-and-a-half-year ordeal in Somali pirate camps forces a question every crisis negotiator and leader must face: where empathy ends and survival instinct begins.
The quantum computing platform is paying up to $1.3 billion in stock for Elisity, a move that pairs quantum's future with security's present.
The vaccine maker's latest leg up pairs a planned NIH cancer vaccine initiative with index-fund demand, and the rally may not be done.
Michael Saylor's Strategy is stockpiling again, and peers like Strive and Robinhood are following, signaling a shift in corporate treasuries.
Cheaper crude cuts inflation pressure and lifts equities, but energy investors face a new calculus as the geopolitical risk premium unwinds.
The chip giant is buying the AI world-modeling startup founded by Dr. Fei-Fei Li, putting the prominent researcher in charge of AMD's AI research.
Stocks jumped on stronger-than-expected guidance, signaling enterprise AI workloads are accelerating faster than Wall Street priced in.
The tax-free spin-off could reshape focus, funding, and competition across media and tech for years.
Fiscal Q3 results crush estimates, prove AI memory is rewriting Micron's margins, and change the momentum math for the whole chip stack.