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Market Chatter: Goldman, JPMorgan Face Pressure From Anti-DEI Activist Groups
Live Stock: Stargate Rivals the Scale of the Manhattan Project, Musk Said it's a Pipe Dream
Bank of America (NYSE:BAC) Says Industry Will "Come in Hard" on Crypto Payments
Express News | Bank of America and Citigroup Have Received Shareholder Proposals From Right-Leaning Groups Challenging Their Business Practices-WSJ
Bank of America CEO: Banks Would Embrace Crypto Payments If Regulators Approve
Bank of America Securities: Maintains BABA-SW "Buy" rating, Target Price raised to 114 HKD.
Bank of America Securities released a research report stating that it maintains a "Buy" rating on BABA-SW (09988) and has raised its adjusted Net income forecast for the fiscal years 2025 to 2027 by 4% to 7%, with the Target Price increased from 109 HKD to 114 HKD. The firm anticipates that Alibaba will release its third quarter results for the fiscal year 2025 between mid and late February, estimating its revenue to grow 9% year-on-year to 283.5 billion RMB, which is 2% higher than market expectations, with core Taotian Group revenue estimated to rise by 7% year-on-year. It also expects that client management revenue (CMR) in China will increase by 7% year-on-year to 98.8 billion RMB, primarily driven by
