Tariff outlook clouds US results

16.4.25 Boeing aside, earnings releases dominated the headlines n US markets overnight. Devon Funds Greg Smith notes that Bank of America jumped 3.6% as quarterly earnings jumped 11% to US$7.4 billion and revenues rose 5.9% to US$27.51 billion. Net interest income fuelled the gains, with lower deposit costs and higher-yielding investments compared with the year-earlier […]