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Yahoo
9 minutes ago
- Business
- Yahoo
Bank of America Is One of the Largest Financial Companies by Market Cap. But Is It a Buy?
Key Points Bank of America is the second largest U.S. bank and the fifth largest financial company by market capitalization. The company just reported strong second-quarter earnings. There could be some positive tailwinds coming for the banking industry. 10 stocks we like better than Bank of America › To say that Bank of America's (NYSE: BAC) progress in the 15 years since the end of the financial crisis has been impressive would be an understatement. The bank went from being one of the most troubled of the major financial institutions to one of the most respected in the industry. In fact, Bank of America is now the second largest U.S. bank stock by market cap. However, Bank of America could still be an attractive business to invest in, especially now. Let's take a quick look at where Bank of America ranks in the overall financial sector, how the business is doing, and why now might be a smart time to buy. The largest financials companies by market cap The largest financial company in the world is Berkshire Hathaway (NYSE: BRK.A)(NYSE: BRK.B), with a market cap of more than $1 trillion. Many investors don't realize it, but Berkshire is technically an insurance company at heart -- Warren Buffett built its empire using insurance float from subsidiaries like GEICO and others. With that in mind, here's where Bank of America fits among the largest financial companies (the link leads to our up-to-date list) based in the United States by market cap: Company (Symbol) Description Market Capitalization Berkshire Hathaway Conglomerate with insurance focus $1.02 trillion JPMorgan Chase (NYSE: JPM) Bank $809 billion Visa (NYSE: V) Payment processor $677 billion Mastercard (NYSE: MA) Payment processor $502 billion Bank of America Bank $352 billion Data source: Market caps as of 7/21/2025. So, as of this writing, Bank of America is the fifth largest financial sector company by market cap and the second largest bank stock. It's likely it will stay this way for at least a little while, as there's a wide gap between Bank of America and the No. 4 (Visa) as well as with the No. 6, fellow big bank Wells Fargo (NYSE: WFC), which has a $260 billion market cap. How it's going Bank of America, and most other large bank stocks for that matter, just reported second-quarter results. In general, the numbers looked strong, and here are some key highlights: Revenue and EPS grew by 4% and 7% year over year, respectively. Customer deposits grew 5% to $2 trillion. Bank of America has the No. 1 retail deposit market share, and this growth rate was better than most peers. The bank achieved a 10% return on equity (ROE), which is generally considered to be the threshold of a strong ROE. Consumer banking added 175,000 net new checking accounts and consumer investment accounts grew by 13% thanks to strong market performance and inflows of capital. Bank of America has the No. 3 investment banking market share year-to-date. The company is doing arguably the best of the big banks when it comes to leveraging AI. It has 1,400 AI and machine learning patents, and, just to name one example, its "Ask Merrill" and "Ask Private Bank" AI tools get 23 million interactions per year. Bank of America spent $5.3 billion on stock buybacks and increased its dividend by 8%. Net interest yield increased by 3 basis points year over year despite no recent Federal Reserve rate cuts. Bank of America's net charge-off rate improved by four basis points compared with a year ago. I'm paying close attention to numbers like the net interest margin in the persistent high-rate environment, and the bank's NCO rate, which is a great indicator of the financial health of its customers. Is Bank of America a buy? The bottom line is Bank of America is an excellent institution, and its management has done a great job of embracing technology. If rates start to fall later this year as many expect, it could provide a nice tailwind for the stock, and the banking industry as a whole. In fact, there could be several positive tailwinds in the next few years, including a looser regulatory environment, the surge in IPO and M&A activity we're seeing, and potential lower corporate tax rates. With Bank of America shares trading for less than 13 times forward earnings and a historically attractive valuation of less than 1.3 times book value, Bank of America could be an excellent performer over the next few years. Should you buy stock in Bank of America right now? Before you buy stock in Bank of America, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Bank of America wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $641,800!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $1,023,813!* Now, it's worth noting Stock Advisor's total average return is 1,034% — a market-crushing outperformance compared to 180% for the S&P 500. Don't miss out on the latest top 10 list, available when you join Stock Advisor. See the 10 stocks » *Stock Advisor returns as of July 21, 2025 Bank of America is an advertising partner of Motley Fool Money. JPMorgan Chase is an advertising partner of Motley Fool Money. Wells Fargo is an advertising partner of Motley Fool Money. Matt Frankel has positions in Bank of America and Berkshire Hathaway. The Motley Fool has positions in and recommends Berkshire Hathaway, JPMorgan Chase, Mastercard, and Visa. The Motley Fool has a disclosure policy. Bank of America Is One of the Largest Financial Companies by Market Cap. But Is It a Buy? was originally published by The Motley Fool
Yahoo
9 minutes ago
- Business
- Yahoo
These Are 15 High-Paying Jobs for Teens in 2025
Teen jobs with competitive pay? These 15 gigs offer top rates. Fact checked by Sarah Scott Getting your first job is a rite of passage. However, when it comes to teen employment, the rate at which the youngest workers are getting hired has slowed considerably. Unemployment for teens between the ages of 16 to 19 has increased by around 17% in the last year alone, according to HR Brew, a business newsletter. Meanwhile, outplacement firm Challenger, Gray & Christmas predicted teens would gain around 1 million jobs from May through July 2025, a drop from 1.1 million last year and the lowest number of teen jobs added to the market since 2010. Still, all hope is not lost for teens who are job searching, as long as they know where to look. A new report from Resume Genius explores the industries that are hiring teens, and rounded up 15 high-paying jobs for those ages 16 to 19 years olds, per data from the U.S. Bureau of Labor Statistics. Turns out, teens can have some serious earning potential. 'There's a widespread misconception that teenagers can only get minimum wage jobs," Nathan Soto, Career Expert at Resume Genius, said in a press release. "However, our report shows that there are plenty of jobs employing teens that pay well, build confidence, and can even lay the groundwork for future career success.' 15 Jobs Your Teen May Be Interested In Whether a summer job or working throughout the year, here are 15 options offering teens more than minimum wage, according to the report. Food service manager, $31.40 median hourly wage About 33,000 U.S. teens work as food service managers, the report says. This job typically requires having worked in food service for a while, so, in general, it would be one for older teens who have worked their way up from positions like food runners, hosts, and servers. Carpenter, $28.51 Working as a carpenter requires hands-on experience, although classes in woodworking and apprenticeships can help with developing carpentry skills. This job involves tasks such as building, repairs, and installing. Keep in mind, carpentry and other skilled trade jobs are in steady demand. Retail supervisor, $25.01 About 37,000 teens work as retail supervisors, which typically involves managing store operations. Tasks including creating schedules and training retail workers are standard. There are no specific training programs for this job, but teens can get into the industry by starting at an entry-level job, such as a cashier or a retail worker, and moving up. Auto service tech and mechanic, $23.88 The report says the auto industry employs around 44,000 teens. Many get into the field by taking auto shop classes in school, though vocational programs and apprenticeships can be a foot in the door, too. Likewise, many repair shops offer entry level positions for teens just starting out. Administrative assistant, $22.82 Teens who are looking for office jobs can consider becoming administrative assistants. This job requires a high school diploma and some basic computer skills, so it's a safe bet for many older teens. Construction worker, $22.41 Construction is an industry that's expected to grow faster than average from 2023 to 2033, according to the U.S. Bureau of Labor Statistics. Currently, 104,000 teens work in the field, according to the report. While the job may not always require formal training, it's a hands-on gig that involves being outside often, intense labor like heavy lifting, and handling machinery. Office clerk, $20.97 This job typically requires a high school diploma and basic computer skills, but many office clerks learn on the fly. While there are no certificates or training required, it's a good fit for teens with good organizational skills. Customer service representative, $20.59 This industry employs the most teens, by far, with 236,000 working in the industry, the report says. If your teen loves talking to people, it may be a good job for them. In the long-term, though, this one likely requires a good bit of patience. But as a summer gig? It's tough to beat. Delivery truck driver, $20.56 You usually need to be over the age of 18 to work as a delivery truck driver. This one requires a driver's license and a good driving record. It doesn't require any special certifications, unless teens are looking to drive larger vehicles. In that case, a commercial driver's license (CDL) would be necessary. Landscaper, $19.13 Yard work and landscaping has long been an in-demand job and special certifications aren't required for it. Licensing can give more credibility to landscapers down the road, but it's certainly not a requirement for teens new to the industry. If your teen enjoys it, it can even motivate them to start their own landscaping business in the future. Nursing assistant, $18.96 For teens who enjoy medicine, a nursing assistant can be a nice opportunity. In order to get a job as a nursing assistant, teens would need to complete a state-approved training program, then pass an exam. It's not an unpopular gig, according to Resume Genius which says around 68,000 teens work in the industry. Tasks include things like assisting patients, monitoring their vitals, and communicating with nursing staff. Security guard, $18.46 Teens who want to work in security need a bit of training, including CPR training, as well as physical training, and sometimes a license to work in the field. Likewise, most security guard positions require teens to be high school graduates and at least 18 years old. This job can involve anything from guarding storefronts to watching security cameras. Courier, $18.44 Couriers delivering packages usually need to have a driver's license and some basic customer service skills. Given just how many businesses now offer delivery, such as Uber Eats, Amazon, and even local grocery store delivery, there are many courier jobs for teens to choose from. Stocker, $18.12 Many teens work as stockers, with around 188,000 working in the industry, per the report. The job involves receiving packages, unboxing them (we know teens love this), and bringing them from the stockroom to the sales floor. Packager, $18.12 Becoming a packager doesn't require any formal education and usually comes with on-site training. Per the report, the gig involves packing, labeling, and getting items ready for shipment. Helping Your Teen Find a Job Of course, these aren't the only jobs available and your teen's interests and skills come into play when looking for employment. Overall, working offers teens various benefits, including improving responsibility, gaining experience, financial independence, and management skills. Your teen may also lean on you for help finding a job and that's OK. If needed, look over their resume, conduct mock interviews, and offer advice. If they have no idea where to start looking for a job, the report from Resume Genius also offers solid advice. Check local businesses. See if any places in the neighborhood are hiring. Teens can do that by walking around and spotting "Help Wanted" signs. Attend local job fairs. Those can be found through their school, local community centers, or the Chamber of Commerce Directory. Tap school resources. Teens can speak with their guidance counselor or someone from their school's career office for suggestions and job leads. Create an online presence. Encourage your teen to also create a LinkedIn profile. And speak to them about what they post online. It's not unusual for employers to search prospective candidates online. Read the original article on Parents Solve the daily Crossword
Yahoo
9 minutes ago
- Business
- Yahoo
Crude Oil Prices Could Tick Up on Consumer Resilience. Here Are the Levels to Watch Before You Buy.
October micro crude oil futures (CLV25) present a buying opportunity on more price strength. See on the daily bar chart for October crude oil futures that prices remain in a choppy uptrend from the April low and the bulls have the overall near-term technical advantage. That means the path of least resistance for prices remains sideways to higher. More News from Barchart Array Technologies (ARRY) Just Flashed a Statistically Significant Reversal Signal for Options Traders Crude Oil Price Fall on Concern About Energy Demand Forecasts for Milder US Weather Weigh on Nat-Gas Prices Our exclusive Barchart Brief newsletter is your FREE midday guide to what's moving stocks, sectors, and investor sentiment - delivered right when you need the info most. Subscribe today! Fundamentally, the U.S. economy and the overall global economy are fairly healthy. Despite the threats of tariffs and even trade wars, businesses and consumers have proven resilient and upbeat. That suggests still-solid demand growth for energy, including crude oil. A move in October crude oil futures above chart resistance at $65.00 would give the bulls fresh power and it would also become a buying opportunity in the WTI crude oil micro futures. The upside price objective would be $72.00, or above. Technical support, for which to place a protective sell stop just below, is located at $62.00. IMPORTANT NOTE: I am not a futures broker and do not manage any trading accounts other than my own personal account. It is my goal to point out to you potential trading opportunities. However, it is up to you to: (1) decide when and if you want to initiate any trades and (2) determine the size of any trades you may initiate. Any trades I discuss are hypothetical in nature. Here is what the Commodity Futures Trading Commission (CFTC) has said about futures trading (and I agree 100%): Trading commodity futures and options is not for everyone. IT IS A VOLATILE, COMPLEX AND RISKY BUSINESS. Before you invest any money in futures or options contracts, you should consider your financial experience, goals and financial resources, and know how much you can afford to lose above and beyond your initial payment to a broker. You should understand commodity futures and options contracts and your obligations in entering into those contracts. You should understand your exposure to risk and other aspects of trading by thoroughly reviewing the risk disclosure documents your broker is required to give you. On the date of publication, Jim Wyckoff did not have (either directly or indirectly) positions in any of the securities mentioned in this article. All information and data in this article is solely for informational purposes. This article was originally published on
Yahoo
9 minutes ago
- Business
- Yahoo
Oklo and Vertiv to develop nuclear data centre power and cooling solutions
Advanced nuclear technology company Oklo has partnered Vertiv, a provider of critical digital infrastructure services, to co-develop power and thermal management solutions for hyperscale and colocation data centres. This approach will utilise steam and electricity generated by Oklo's advanced nuclear power plants in a significant shift towards sustainable energy use in digital infrastructure. The demonstration of pilot technology is planned for the first Oklo Aurora powerhouse. To address rising power demand in US data centres, Oklo and Vertiv are collaborating to enhance operations with an integrated solution that optimises power and cooling, combining Oklo's clean energy generation with Vertiv's advanced power and thermal management systems. By utilising heat from Oklo's onsite power plant to enhance Vertiv's cooling systems, the partnership aims to improve energy efficiency in data centres. Oklo co-founder and CEO Jacob DeWitte stated: 'This agreement is about delivering clean power, energy-efficient cooling and infrastructure solutions purpose-built for AI factories, data centres and high-density compute. "We are developing a plant concept that leverages proven, off-the-shelf components without altering the core design of our plants. Vertiv is an expert in cooling and power innovation for data centres and critical infrastructure, so co-designing these solutions from the outset, we can create greater value and efficiency for data centre and infrastructure operators. 'We're enhancing what already works to meet the needs of fast-growing industries with the speed, flexibility and direct integration that our model is built to deliver.' The initiative will provide reliable power for AI and high-performance computing while minimising environmental impact. Together, they will develop comprehensive reference designs for data centres powered by Oklo's facilities. Vertiv CEO Gio Albertazzi stated: 'Our collaboration with Oklo is an extension of Vertiv's commitment to energy-efficient infrastructure that supports modern data centre demands. 'As the demand for AI and high-performance computing continues to grow, nuclear energy is increasingly a discussion point for hyperscale, colocation and other large data centres. Vertiv is committed to driving innovation with the higher cooling capacities and energy efficiencies required to support modern data centres.' In May 2025, Oklo signed a memorandum of understanding with Korea Hydro & Nuclear Power to develop and globally deploy its fourth-generation small modular reactor technology, focusing on joint opportunities for standard design advancement. "Oklo and Vertiv to develop nuclear data centre power and cooling solutions" was originally created and published by Power Technology, a GlobalData owned brand. The information on this site has been included in good faith for general informational purposes only. It is not intended to amount to advice on which you should rely, and we give no representation, warranty or guarantee, whether express or implied as to its accuracy or completeness. You must obtain professional or specialist advice before taking, or refraining from, any action on the basis of the content on our site.
CNET
11 minutes ago
- Entertainment
- CNET
'South Park' Season 27: How to Watch the Premiere Without Cable
Kenny, Kyle, Stan and Cartman are about to return. Comedy Central South Park's season 27 rollout has been hectic. The hit animated series has had its premiere date pushed and lacked definitive streaming details caused by behind-the-scenes ongoings. As of today, July 23, the show is hours away from its Comedy Central debut, and the US streaming method is becoming clear. According to a report from Deadline, a deal is being completed that would bring South Park to Paramount Plus in the US. The global licensing deal would reportedly be exclusive (sorry, current HBO Max viewers) and count five upcoming seasons and the show's back catalog. Not much else is known at this time for those interested in streaming it on Paramount Plus but we will update this article when there's more info. As for what the new season will include, we have the above trailer for reference -- which starts sort of like a horror movie trailer before unleashing fires, dismantling the Statue of Liberty and disastrous plane collisions. If you want to watch the 27th season of the show co-created by Trey Parker and Matt Stone, here's what to know. South Park season 27 release date and streaming details South Park season 27 will premiere on Comedy Central on Wednesday, July 23, at 10 p.m. ET/10 p.m. PT. That's the current date after it was delayed from July 9. We'll share concrete Paramount Plus streaming details when they become available. Right now, a sure way to stream the series without cable is with a live TV streaming service like Philo, Sling or YouTube TV. Philo Philo Carries Comedy Central Philo is a live TV streaming service that provides more than 70 channels, including Comedy Central. A subscription costs $28 per month and also includes access to AMC Plus content. Rivals like YouTube TV come with more channels but Philo could be a good fit for you if you like its smaller selection for a lower price. See at Philo
