Bank of America (NYSE: BAC) recently disappointed the market with its first-quarter earnings report as the stock fell 3.5% in a day. The nation's No. 2 bank by assets beat Wall Street estimates but reported a decline in net interest income due to higher deposit rates.Overall deposits were down 7%, and charge-offs were up 26% from the previous quarter to $1.5 billion.
Open FlipShares of top lithography equipment maker ASML Holding (NASDAQ: ASML) took a steep tumble after earnings in mid-April, halving what was a heady 30% run-up in the first few months of 2024. ASML is still sporting big gains so far during the new bull market, but some investors are nevertheless suddenly concerned about the company's financial outlook.
Open FlipAs of this writing, there are only seven businesses that have a valuation that exceeds $1 trillion. Investors looking to score huge gains might be on the lookout for smaller companies that have the potential to make it in this exclusive club one day.Luckily, you don't need to look that far. I believe this top dividend stock will join the trillion-dollar club by 2040.
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