Business

Bank of America's Q3 Outlook and AI Stock Impact

Updated 2026-09-14 18:55 UTC 1 source Negative

Bank of America forecasts a decline in third-quarter investment banking fees due to the AI boom hitting turbulence. Meanwhile, some analysts question whether this could lead to a broader sell-off in AI hardware stocks.

Coverage timeline — 2 articles
CNBC
The muted outlook from the country's second-largest bank by assets could be an early signal that Wall Street's AI boom might have hit turbulence.
2026-09-14 18:39 UTC
CNBC
Anthropic's safety warning is crushing data center stocks, but demand for compute still outstrips supply.
2026-09-14 18:43 UTC
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