Tag: Bank of America

In 2018, Wall Street projected Apple's 2023 margins to be around 39%. in fact, the margins were much higher, at 44%.

Bank of America (Bank of America) said that in the week ending Wednesday, the U.S. big rock stocks suffered the largest weekly outflows since December 2022, traders are worried that the continued high inflation will further promote interest rate cuts, geopolitical tensions also aggravate the cautious mood. Bank of America in the use of EPFR data on the global market capital inflows and outflows in the weekly pan points, said the United States this week, big rock stocks outflow of $ 15.8 billion, the whole stock market outflow of $ 19.6 billion. In the week ending Wednesday, stocks tumbled after stronger-than-expected U.S. inflation data on Wednesday, after Wall Street was thrown into a panic last Thursday by hawkish comments from Federal Reserve officials and a rise in the price of oil to more than $90 a barrel.

"We believe that it will be very difficult for the company to generate additional sales through its existing product portfolio or without further price reductions," BofA said.

Burson-Marsteller noted that since ChatGPT's November 2022 IPO, the recent share price decline is the ninth time it has exceeded 10%.

Even if these proposals are successful, the researchers are not convinced that the division of labor will make the company better.

"Bob Iger now appears to be in command and control and is launching a growth offensive," said Bank of America analyst Jessica Reif-Ehrlich.