(USD) | Dec 2023 | Q/Q |
---|---|---|
Revenue | 22B | -13% |
Operating Income | 3.1B | -61% |
Operating Expenses | 17.7B | +12% |
Net Income | 3.1B | -60% |
Compensation | 9.5B | -1% |
Technology | 1.7B | +1% |
Professional Service | 550MM | +1% |
Amortization | 18MM | -10% |
Interest Expense | 21.7B | +13% |
Short Volume Ratio = Short Volume / All Volume. Source of Short Volume data comes from
FinraMoving Average Convergence/Divergence oscillator (MACD) is one of the simplest and most effective momentum indicators available.
Relative Strength Index (RSI) is a momentum oscillator that measures the speed and change of price movements. RSI oscillates between zero and 100. According to Wilder, RSI is considered overbought when above 70 and oversold when below 30.
Roughly 33% of Goldman voters and 31% of BofA shareholders supported the measures, an uptick from last year for both banks. JPMorgan Chase shareholders will vote on a similar measure next month.
A Goldman Sachs shareholder proposal that sought to separate the bank's chairman and CEO positions failed to pass on Wednesday—even as it won more support among shareholders than last year. Of Goldman shares that were voted, 33% were in favor of splitting the positions held by David Solomon. A similar vote on Brian Moynihan’s dual roles at Bank of America won support from 31% of votes on Wednesday.
David Solomon defeated a proposal seeking to separate his roles as CEO and chairman of Goldman Sachs, but the measure received double the support it did in 2023.
Legendary investor Warren Buffett, through his holding company Berkshire Hathaway, has built an impressive portfolio of stocks over the years. One of his most significant holdings is Bank of America Corp. (NYSE:BAC), which, according to the latest 13F ...
A modest amount of money can go a long way on Wall Street when it's put to work in time-tested businesses with well-defined catalysts.
This up-and-coming digital bank is ready to start generating outsized profits.
Some of Wall Street’s most powerful bosses are facing new shareholder proposals this spring that would strip them of power by separating CEO and chairman seats.
Update: Market Chatter: CFTC Asks Big Banks for Nondisclosure Agreements in Swaps, Clearing Amid Whistleblower Concerns
A bullish combination is flashing for BAC on the charts
Market Chatter: CFTC Asks Big Banks for Nondisclosure Agreements in Swaps, Clearing Amid Whistleblower Concerns