First quarter earnings for Salesforce are due May 29 amid improving profit margins. Analysts expect a 40% profit jump. Generative artificial intelligence may boost revenue by fiscal 2026. Read More...
Bank of America Predicts up to ~200% Surge for These 2 ‘Strong Buy’ Stocks
New indicators of a cooling economy eased inflation concerns, driving the S&P 500 to record highs last week. The index, which dropped around 4% in April, is now up 11% for the year. Will this momentum continue? Savita Subramanian, head of US Equity and Quantitative strategy at Bank of America, believes it will. She’s taking an upbeat stance on the current market outlook, and backs it with a look at long-term results from the past 300-plus quarters. “20 were recessionary, 13 were stagflationary,
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