Shares of DraftKings and Flutter Entertainment fell on Tuesday following a downgrade from Bank of America. The bank highlighted various risks facing the gambling market, particularly the rise of prediction markets, which could impact the future of online sports betting.

Bank of America has announced its investment in Avadel Pharmaceuticals, signaling confidence in the company's potential for growth. This move is significant as it highlights the bank's strategic approach to investing in innovative healthcare solutions, which could lead to advancements in patient care and new market opportunities.

Bank of America has revealed a 3.03% stake in Avadel Pharmaceuticals, signaling confidence in the company's potential. This investment could bolster Avadel's growth and innovation in the pharmaceutical sector, attracting further attention from investors and analysts alike.

The rising costs of childcare are pushing many families to the brink, leading them to abandon their jobs and savings just to make ends meet. A recent report from Bank of America highlights a concerning 1.6% annual decline in households making monthly payments, indicating that more families are struggling to afford basic childcare. This trend is alarming as it not only affects family finances but also has broader implications for the economy, as parents are forced to sacrifice their careers and financial stability.

Goldman Sachs and Bank of America have assessed the current situation regarding the Japanese yen, which is nearing the significant 155-per-dollar mark. They believe that there is little immediate risk of currency intervention from Japan, as the typical indicators for such actions have not yet been triggered. This insight is important for investors and markets as it suggests stability in Japan's currency policy for the time being.

Bank of America has upgraded its outlook on Amazon's stock following the company's impressive third-quarter earnings report, which highlights the success of its artificial intelligence strategy. With Amazon adding 3.8 GW of power capacity in the past year, it outpaces all other cloud providers, showcasing its commitment to innovation and growth. This positive momentum not only reflects Amazon's strong performance but also signals confidence in its future potential, making it an exciting time for investors.

Bank of America is gearing up for its first investor day in nearly 15 years, and analyst Mike Mayo from Wells Fargo is sharing insights on what to expect. This event is significant as it provides a platform for the bank to communicate its strategies and performance directly to investors, potentially boosting confidence and interest in the bank's future. With Mayo's expertise, investors will have a clearer picture of the bank's direction and how it plans to navigate the current financial landscape.

This week, Bank of America CEO Brian Moynihan is set to face investors amid disappointing news: the bank's stock has been the worst performer among the six largest U.S. banks for three consecutive years and over the past five years. This situation is significant as it raises concerns about the bank's performance and strategy, potentially impacting investor confidence and future growth.