Bank of America is a large US bank whose research teams track AI investment and market trends. Recent coverage centers on its views of the AI capex trade: strategist Sebastian Raedler said AI-driven capex is driving the strongest earnings upgrades in 40 years while investors worry booms end badly, and BofA sees the end of "easy money" from AI spending. Its analysts also flagged Asian investors shifting to earnings proof and strong demand for OpenAI and Anthropic IPOs, and the bank hired 1,000 contractors to patch flaws exposed by Anthropic's Mythos.
US banks block third-party AI agents as open banking rule stallsMajor US banks are blocking third-party AI agents that log in with customers' own credentials. Axios reported some agents appeared to act beyond user instructions; Morgan Stanley has blocked them, Schwab blocks dozens weekly, and JPMorgan calls credential sharing insecure. The stalled Section 1033 open banking rule is tied to the issue.
Wall Street's $63B AI deal carries hardware value riskBlackstone, Bank of America, Citigroup and Morgan Stanley announced on Oct 26 a $63 billion financing to buy AI computing equipment from Broadcom and lease it to Anthropic. The deal runs through an SPV, with Broadcom providing residual-value support for the first-lien portion, meaning the seller helps guarantee the chips' later worth. Anthropic's same-day S-1 shows five-year Broadcom leases with about $161.2 billion in rent excluding interest.
Bank of America warns customers not to share banking credentials with AI assistantsBank of America emailed customers urging them never to share banking usernames or passwords with outside services, including AI tools or agents acting on their behalf. It said customers are responsible for activity resulting from such access; leaked credentials risk unauthorized transactions, account lockouts, and exposure through AI security flaws. Banks are still working out how AI agents fit into payments.
Broadcom Arranges $63B Financing for Anthropic's ChipsBroadcom Inc. has arranged a $63 billion deal with Bank of America, Blackstone, Citigroup, and Morgan Stanley to finance chip purchases for AI model developer Anthropic PBC.
BofA's Mensah on AI Bubble Debate and Global MarketsBank of America's Bernard Mensah discussed the AI bubble debate, rising sovereign bond yields and shifting global investment opportunities at the Berlin Global Dialogue, also covering supply chains, Europe's growth challenges and Asia.
CoreWeave Credit Risk Gauge Hits Record HighA measure of CoreWeave's credit risk rose to an all-time high Thursday as some of its high-yield bonds extended declines, rattled by the AI cloud company's talk of tapping vast capital pools from insurers. Strategists from BofA Securities and JPMorgan Investment Management discussed the move on Bloomberg.
Bank of America Hires 1,000 Contractors to Patch Flaws Exposed by Anthropic's MythosBank of America hired 1,000 contractors to patch software flaws exposed by Anthropic's Mythos.
BofA Sees Strong Demand for OpenAI, Anthropic IPOsBofA's JD Moriarty said public markets can absorb massive potential IPOs from OpenAI, Anthropic and others, citing SpaceX's listing as evidence of strong institutional and retail demand for transformational tech firms. He also discussed how abundant private capital has changed the traditional IPO playbook.
BofA: End of 'Easy Money' From AI-Spending TradeInvestors are likely to find it increasingly hard to make "easy money" by betting on outsized returns from AI-linked capital expenditures compared with consumer-driven spending, according to strategists at Bank of America Corp.
Microsoft, BofA, Macquarie on AI InfrastructureAt Bloomberg Green New York 2026, executives from Microsoft, Bank of America and Macquarie discussed AI infrastructure investments.
BofA survey: Asia AI investors shift focus to earningsBank of America's Asia-Pacific research head Chris Oberoi said investors in Asia are shifting from AI exposure to monetisation proof, demanding evidence of revenue and earnings. Separately, Xi Jinping and Donald Trump are set to meet in Washington on Thursday, with trade and technology expected on the agenda.
BofA: Ternus era emphasizes innovation, privacy and AIBank of America says John Ternus’s first major product launch as Apple CEO highlighted the company’s focus on product innovation, privacy, and personalized on‑device AI, noting the foldable iPhone Duo and on‑device/Private Cloud Compute capabilities.
Investors nervous about AI capex timing: BofABloomberg quotes BofA strategist Sebastian Raedler saying AI-driven capex is fueling the strongest earnings upgrades in 40 years, but investors worry such booms historically end in crashes.
The A.I. Daily