Bank of America (ticker: BAC) was formed in 1998 through the merger of NationsBank and Bank of America. It is the second largest banking institution in the United States and the second largest bank in the world by market capitalization. Both are second only to JPMorgan Chase. Bank of America is one of the four largest banking institutions in the United States.
Category: Consumer banking
What company is Nubank owned by Buffett? How it makes money and its advantages?
If Nubank meets all conditions, the company continues to operate smoothly, and the overall environment in Latin America improves, perhaps Nubank “has a chance (but it may not happen)” to become Latin America’s version of Block (formerly known as Square, ticker: SQ) Or the potential of PayPal (ticker: PYPL ).
How did three listed companies make money after GE spinoff? What are the prospects?
GE was founded in 1878 by Thomas Alva Edison, who invented the electric light and many other commodities. It is one of the few companies in the U.S. stock market that has been listed for more than a century. It can be said to be the pride of American industry and a symbol of comprehensive national strength.
Fintech’s valuation plummeted and current dilemma
Fintech is no longer a super new blue ocean in the technology and financial circles ten years ago.
PayPal’s current crisis and appeal
PayPal in my two books In my book “The Rules of Super Growth Stocks Investing“: In the book “The Rules of 10 Baggers“: How bad is it? The pandemic catalyst is no longer In the two or three years before 2021, PayPal’s stock price, like most technology stocks, has repeatedly hit new highs. Since the … Continue reading “PayPal’s current crisis and appeal”
How does Intuit, the leader in financial management software for individuals and small businesses, make money?
Company history Intuit (ticker: INTU) was founded in Palo Alto, California in 1983 by Scott Cook and Tom Proulx. The first product they developed was Quicken, and later Microsoft launched Microsoft Money competed with Quicken, but with little success. After going public in 1993, Microsoft once tried to buy the company, but the transaction fell … Continue reading “How does Intuit, the leader in financial management software for individuals and small businesses, make money?”
Major artificial intelligence companies in US stocks market
Generative artificial intelligence, Barriers to Entry Are Too High
Commercial-oriented firms perform better in recessions
U.S. stocks have rebounded a lot from the bottom of the bear market in June. Many investors believe that the worst time has passed; but the reality is not so optimistic. But there is another important point in this article — commercial-oriented companies are more resilient to recessions.
Citigroup, a downward companies
Citigroup on behalf of failed companies, Citigroup’s Growth History, The growth history of Citigroup is worth understanding by investors, especially since it was set up by a commercial bank that used to be the largest commercial bank in the world.
How does JPMorgan Chase make money?
JPMorgan Chase is named after the founder of one of the companies in the group, which has long been inseparable from the banking industry. The merger of its businesses involved many of its major competitors in the past.
