BofA

• Country: United States

BofA Sees the End of ‘Easy Money’ Made From the AI-Spending Trade

Investors are likely to find it increasingly hard to make “easy money” by betting on outsized returns from artificial intelligence-linked capital expenditures compared with consumer-driven spending, according to strategists at Bank of America Corp.

• Country: United States

DraftKings rallies after BofA turns bullish on the 2027 setup

• Country: United States

AI in regulated industries: BofA and S&P on the huge gains to be had, and the risks of rushing in

At the Fortune AIQ Summit, BofA’s Hari Gopalkrishnan said companies reach for AI too soon. S&P Global’s Sally Moore said the real question is reinvention.