Michael Carrier

Google parent Alphabet, Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) announced on Tuesday that it has signed an agreement to acquire cloud security platform Wiz for $32 billion. Experts weigh in on Google's largest acquisition ever.  Expert Ideas: J.P. Morgan analyst Doug Anmuth sees the Wiz acquisition...

Financials are off to a strong start in 2021, but one analyst said Wednesday the runs for two financial sector stocks may just be getting started. The Analyst: Bank of America analyst Michael Carrier upgraded Bank of New York Mellon Corp (NYSE: BK) from Underperform to Buy and raised his price...

The rise of SPACs was one of the big stories for investors in 2020. Based on the record number of SPACs filed and money raised in early 2021, the trend looks primed to continue. Bank of America analyst Michael Carrier shares the positives and negatives of the SPAC market for both investors and...

Bank of America recently hosted a bull-bear debate on Charles Schwab Corporation (NYSE: SCHW) and came out firmly on the bullish side of the camp. The Analyst: On Wednesday, Bank of America analyst Michael Carrier reiterated his Buy rating and $70 price target for Charles Schwab. The Thesis:...

Since the presidential election, analysts have witnessed a massive rotation out of high-growth tech stocks and into value stocks. On Thursday, one Wall Street analyst said that rotation could have a meaningful impact on asset managers. The Analyst: BofA Securities analyst Michael Carrier upgraded...

On May 20, the Senate passed the Holding Foreign Companies Accountable Act (HFCAA), a bill that would potentially delist Chinese stocks that fail to comply with Public Company Accounting Oversight Board’s (PCAOB) audits for three years in a row. On the surface, the bill is intended to protect...

Overall, 2019 was a huge year for the stock market, and there were plenty of high-profile IPOs throughout the year as well. Unfortunately, some of the most eagerly anticipated IPOs of the past year ended up being flops for investors. But now that the excitement and volatility associated with 2019...

E*TRADE Financial Corp (NASDAQ: ETFC) shares soared higher by 24.6% on Thursday after Morgan Stanley (NYSE: MS) announced a $13 billion all-stock buyout of the trading platform. The deal is expected to close in the fourth quarter and will further increase Morgan Stanley’s focus on relatively...

Big bank earnings season is right around the corner, and Bank of America has adjusted its coverage of the group, including naming its top stock pick of the decade. The Analysts Analyst Michael Carrier upgraded Goldman Sachs Group Inc (NYSE: GS) from Neutral to Buy and raised the price target from $...

TD Ameritrade Holding Corp. (NASDAQ: AMTD) shares jumped 24% on Thursday and Charles Schwab Corporation (NYSE: SCHW) shares gained 11% on reports that a merger between the two online brokers could be imminent. Fox Business reported Schwab wants to buy TD Ameritrade for $26 billion. A combination of...

The discount broker pricing war that has pushed trading commission fees down to $0 virtually across the board has been bad news for broker stocks and fee revenues. However, one analyst said Monday that E*TRADE Financial Corp (NASDAQ: ETFC) is now an attractive buyout target in the post-commission...

A week after Interactive Brokers Group, Inc. (NASDAQ: IBKR) introduced a platform that eliminated trading fees, both Charles Schwab Corporation (NYSE: SCHW) and TD Ameritrade Holding Corp. (NASDAQ: AMTD) have followed suit and cut fees on all stock and ETF trades to $0. Online broker stocks have...

Over the past few years, net interest income (NII) has been Charles Schwab Corporation’s (NYSE: SCHW) revenue growth engine. With Fed rate cuts now on the horizon, the company’s revenue outlook looks murkier, according to Bank of America Merrill Lynch. The Analyst BofA’s Michael...

The market had a muted reaction to TD Ameritrade Holding Corp. (NASDAQ: AMTD) earnings after the company reported better-than-expected EPS and 21 percent revenue growth in the most recent quarter. Expenses were down 2 percent, and adjusted operating margins were 54.6 percent on the quarter. Wall...