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
Netflix executives interpret the Q4 Earnings Reports: The California wildfires did not cause significant delays in project delivery.
On the morning of January 22, Beijing time, the USA video streaming service provider Netflix announced its Earnings Reports today, stating that the company's revenue for the fourth quarter of fiscal year 2024 was 10.247 billion USD, an increase of 16.0% compared to 8.833 billion USD in the same period last year; Net income was 1.869 billion USD, an increase of 99% compared to 0.938 billion USD in the same period last year. After the release of the Earnings Reports, Netflix's co-CEOs Ted Sarandos and Greg Peters, and CFO Spencer Newman (
Wall Street Today: AI Domestic Investment News on the Way
