23:48:31 EST Wed 17 Dec 2025
Enter Symbol
or Name
USA
CA



Bank of America CDR (CAD Hedged)
Symbol BOFA
Shares Issued 2,500,000
Close 2025-12-15 C$ 28.17
Market Cap C$ 70,425,000
Recent Sedar Documents

FP/wire say BofA, Morgan Stanley see Big Tech sliding

2025-12-16 09:03 ET - In the News

Also In the News (C-MS) Morgan Stanley CDR (CAD Hedged)

The Financial Post reports in its Tuesday edition that according to Wall Street gurus, the technology giants that have been shouldering this bull market will no longer be running the show. A Bloomberg dispatch to the Post says strategists at firms including Bank of America Corp. and Morgan Stanley are advising clients to buy less popular pockets of the market, placing sectors like health care, industrials and energy at the top of their shopping lists for 2026 over the Magnificent Seven cohort that includes Nvidia and Amazon. For years, investing in Big Tech has been a no brainer, given their stalwart balance sheets and fat profits. Now, there is increasing skepticism over whether the sector -- which has surged some 300 per cent since the bull market began three years ago -- can keep justifying its lofty valuations and ambitious spending on artificial intelligence technology. Earnings readouts from AI bellwethers Oracle Corp. and Broadcom Inc. that failed to meet expectations amplified those concerns this week. Worries around the redhot trade come amid rising optimism over the broader U.S. economy in the new year. The setup may push investors to pile into the lagging groups in the S&P 500 at the cost of megacap tech.

© 2025 Canjex Publishing Ltd. All rights reserved.