Bank of America profit rises on trading-February 2024-www.financetom.com

News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities

Bank of America profit rises on trading

Jul 16, 2025 4:13 AM

July 16 (Reuters) - Bank of America's ( BAC ) profit

rose in the second quarter as its traders brought in more

revenue from tumultuous markets in the second quarter, it said

on Wednesday.

The bank's profit was $7.1 billion, or 89 cents per share,

for the three months ended June 30, compared with $6.9 billion,

or 83 cents per share, a year earlier.

Previous page： Li Auto's Q2 Non-GAAP Earnings Decline, Revenue Increases Next page： Euronext to launch three grain spread futures, including two with CME

Comments

Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.

Show More Comments

Related Articles >

Li Auto's Q2 Non-GAAP Earnings Decline, Revenue Increases

Aug 29, 2024

05:27 AM EDT, 08/28/2024 (MT Newswires) -- Li Auto ( LI ) reported Q2 non-GAAP earnings Wednesday of 1.42 Chinese renminbi ($0.20) per diluted American depositary share, down from 2.58 renminbi a year earlier. Analysts polled by Capital IQ expected 1.38 renminbi. Revenue for the quarter ended June 30 was 31.68 billion renminbi, compared with 28.65 billion renminbi a year...

Euronext to launch three grain spread futures, including two with CME

Aug 29, 2024

PARIS, Aug 28 (Reuters) - Euronext will launch three spread contracts on grains on Oct. 14, including two joint ones with the CME Group ( CME ), pending regulatory review, company statements said on Wednesday. The two joint Euronext-CME spread contracts will allow trades on the spread between Euronext's milling wheat futures and both the Chicago Board of Trade and...

Market Chatter: Apple to Cut 100 Jobs From Divisions That Include Books, News

Aug 29, 2024

04:48 AM EDT, 08/28/2024 (MT Newswires) -- Apple ( AAPL ) is cutting about 100 jobs from its digital services groups, Bloomberg News reported Wednesday, citing unnamed people with knowledge of the matter. The biggest cuts will impact the company's Apple Books division, Bloomberg reported. Other teams affected include Apple News. Affected employees have been told they have 60 days...

Factbox-Top streaming platforms in content hungry India

Aug 29, 2024

BENGALURU (Reuters) - Apple ( AAPL ) signed a content deal with Indian telecoms operator Bharti Airtel late on Tuesday in its push for a larger slice of the country's $28 billion entertainment market. Here are the streaming platforms that dominate Indian screens: Disney+Hotstar: Owned by Walt Disney's ( DIS ), Disney+Hotstar is the market leader in the country's streaming...