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Technology stocks led the way higher Monday after Japan's SoftBank said it was buying British chip designer ARM Holdings. Bank stocks rose after Bank of America turned in earnings that were better than analysts were expecting. Diamond Offshore dropped 2.2 percent.
CNBC's Jim Cramer explains why he is keeping an eye on shares of ARM Holdings after Softbanks' $32 billion bid, and Bank of America's quarterly beat.
CNBC's Kayla Tausche breaks down the big bank's quarterly results.
Bank of America, Hasbro and Arm Holdings are making headlines this Monday morning to kick off the week.
These are the stocks on the move ahead of the opening bell.
U.S. stock-index futures rose slightly on Monday, following Asian and European stocks higher after an $32 billion Japan-U.K. semiconductor deal boosted markets.
The commercial banking giant posted second-quarter earnings per share of 36 cents, compared to 45 cents a share in the same period a year ago.
NEW YORK— Bank of America's earnings fell 20 percent in the second quarter, the bank said Monday, as historically low interest rates dented the bank's profitability, just like it had done for its major competitors. The Charlotte, North Carolina- based banking giant earned $3.87 billion, or 36 cents per share, before dividends to preferred shareholders.
"Investors have shunned equity funds year-to-date, but are now stampeding into the asset class for fear of missing out," the bank said in a note.
Fresh off its latest quarterly earnings, JPMorgan may be struggling to earn its keep, Breakingviews reports.
JPMorgan's solid earnings beat could signal improved health for the beaten-down financials sector and send stocks further into record territory.
Alan Valdes, SilverBear Capital Senior Partner, talks about what to watch in the last half hour of trading.
Todd Gordon of TradingAnalysis.com says as the bond market moves lower, the financials will benefit.
JPMorgan Chase CEO Jamie Dimon's public commitment to raise wages for 18,000 employees may seem like a benevolent act. But that may not be quite right.
CNBC's "Fast Money Halftime Report" traders and guest Kevin O’Leary, O’Shares Investments Chairman, discuss standout market opportunities.
A new 52-week high after a long pause is a bullish signal for stocks that means strong returns are ahead, Bank of America told clients on Monday.
With second-quarter earnings season on the horizon for U.S. banks, investors should keep an eye on fixed income trading operations.
Analysts are almost universally bearish on consumer banks in the longer term, because interest rates are likely to stay low.
Jeff Harte, Sandler O'Neill, discusses the outlook for bank earnings.
The Japanese yen rose almost 1 percent against the euro and dollar while sterling fell to new long-term lows.