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'A Resilient American Economy': 3 Takeaways From Big Bank Earnings

by The Wealth Advisor Contributor
(Yahoo! Finance) - Wall Street is still roaring as Main Street is hanging tough.The nation's biggest banks just reported first quarter earnings, with Bank of America (BAC) and Morgan Stanley (MS) on Wednesday cementing a profit boost across the nation's largest banks.

Featured

HIVE Digital Announces Upsizing And Pricing Of Private Offering Of US$100 Million Of 0% Exchangeable Senior Notes Due 2031

(HIVE Digital Technologies Ltd.) - (TSX.V: HIVE) (Nasdaq: HIVE) (BVC: HIVECO) (the “Company” or “HIVE”), a global leader in sustainable digital infrastructure and AI compute, today announced the pricing of US$100 million aggrega

The AI Trade Nobody’s Talking About: Pacer ETFs’ USAI Targets the Energy Behind the Buildout

Sean O’Hara has been talking about artificial intelligence infrastructure longer than most advisors have bee

New York Fed President Says Iran War Could Pressure Inflation Higher While Dampening Economic Growth

New York Federal Reserve President John Williams emphasized that escalating geopolitical tensions in the Middle East are introducing meaningful downside and upside risks to the U.S.

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Companies

UBS Sues Bank Of America For $200 Million Over Crisis-Era Mortgage Costs

UBS sued Bank of America for $200 million, saying the second-largest U.S. bank refused to cover legal costs for risky mortgages issued before 2008.

FundFocus

Vanguard Alerts Investors To Possible U.S. Regulatory Restrictions

Vanguard has alerted investors that U.S. regulators may impose restrictions on the size of stakes the company can hold in firms.

Companies

Citi Shed Its ‘Laughingstock’ Label—And Is Now Outperforming Every Other Big Bank

Citi shed its ‘laughingstock’ label—and is now outperforming every other big bank.

Companies

Ameriprise Financial Sued Over It's Cash Sweep Accounts

Two clients of Ameriprise Financial are suing the company over its cash sweep accounts, alleging a breach of fiduciary duty due to low interest rates.

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Companies

Charles Schwab Accelerates AI Strategy

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Allbirds Stock Soars Nearly 600% As The Shoemaker Rebrands As An AI Company

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JPMorgan CEO Jamie Dimon Downplays Private Credit Concerns: 'Not Particularly Worried'

The Trust Advisor

David Geffen Settles His Divorce From Donovan Michaels

FundFocus

10 Oil Stock Picks For A Prolonged Middle East Conflict: Goldman Sachs

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