With the rising US interest rate, the shares of JPMorgan Chase and Bank of America might be promising investments. Over the last cycle of the interest rate increases, the Bank of America shares skyrocketed 200%. Why are the shares of these financial companies interesting investments?
Weekly news digest. Microsoft plans to buy Activision Blizzard for $68.7 billion. Quarterly reports of Goldman Sachs, Bank of America, Morgan Stanley, American Airlines, and Netflix.
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