Bank of America CEO Brian Moynihan on Q2 earnings beat
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- Опубликовано: 12 сен 2024
- Bank of America CEO Brian Moynihan joins 'Squawk on the Street' to discuss the bank's net interest income, digital footprint, AI business, and much more. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/42d859g
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You work for 42yrs to have $2m in your retirement, Meanwhile some people are putting just $20k in a meme coin for just few months and now they are multi millionaires. I pray that anyone who reads this will be successful in life
Thanks for continuing updates I'd rather trade the stock market as it's more profitable. I make an average of $42,500 per week even though I barely trade myself.
I'm favoured financially, Thank you Jesus $36,000 weekly profit regardless of how bad it gets on the economy.
How
..? Am a newbie in crypto investment, please can you guide me through on how you made profit?
Thanks to Mrs Ashley Airaghi.
She's a licensed broker here in the states
What about FedNow? When it will be launched on BofA?
Hi Mr Brian Moynihan, CEO of Bank of America.
What do u think of the AI in regrds to ltes and AutoBoost Tech? Is it worth it and how do u view Technology in Y2051?
So in other words, thanks to AI, they have been able to layoff people.. or more specifically, they have not had to hire people since 2014 or 2015 as the company has grown because AI is expanded... And higher interest has helped them.. Gee thats a no brainer. haha
When $45 BAC . Sincerely❤❤❤, KNT.
Why are we talking about a banks profit??? It’s really crazy!
I know. Banks used to provide a service. Nowdays, banks use their power to charge people and companies every time you swipe a card, they get a big percentage. Like 3% or more. That's like a tax! I mean, the local city only gets 6% but the city provides streets and services.. What does a bank provide? especailly since they are greatly increasing AI ?? haha You are right.. It IS crazy. Also, I wonder how many HFT day traders BOA has? You know those AI HFT traders are skimming the Mutual funds, IRA, Index funds.. Those funds are the "low hanging fruit". They call it "death by a thousand cuts".
I moved $100,000 out of Bank of America, tied up my money for three months (91 days) and gained about 522 basis points by buying a T-bill.
AGM for Siims; Madea-caviat
how is BOA having growth when mortgage is down or i know still money from customers accounts..
Make sense though, the inlfation rises more profits to conglomerate companies, since they have pricing power, and the banks provide financing support.
There's also growth in their other businesses. Investment banking, business banking, and their Global markets segments are also driving BofA's growth
Did we not learn anything from 2008?
ai related layoffs going to soar globally but particularly in US and China
Insolvent
Look at Warren Buffets sells