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BofA’s Moynihan on Fintechs: ‘I Don’t Fear Any Competitor’

Mar.15 — Bank of America Chairman and CEO Brian Moynihan says he is not concerned about competition from fintechs including Walmart’s startup because of the bank’s unique position in the financial industry. He speaks with Bloomberg’s David Westin on “Balance of Power.”

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Mar.15 — Bank of America Chairman and CEO Brian Moynihan says he is not concerned about competition from fintechs including Walmart’s startup because of the bank’s unique position in the financial industry. He speaks with Bloomberg’s David Westin on “Balance of Power.”

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3 Comments

3 Comments

  1. mrpmj00

    March 15, 2021 at 6:22 pm

    – businesses and consumers buy from Amazon, Apple, Facebook, Nvidia, Microsoft, Netflix so these are the stocks you want to own..;;;

  2. jasonbadler

    March 15, 2021 at 6:26 pm

    Bank Of America‘s customer service is horrible. Search for their reviews online. They are closing all their branches and making it more and more difficult to conduct business. $WMT will eat Bank if America’s lunch! Bitcoin and cryptocurrencies are the future of money.

  3. james

    March 15, 2021 at 9:32 pm

    What a great bank. I have been shareholder for past three years happy. I hope they can fend off fintech like square

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Bloomberg Technology

AI Payoff in Focus During Tech Earnings Bonanza | Bloomberg Tech 4/30/2026

Bloomberg’s Caroline Hyde and Ed Ludlow discuss tech earnings as Alphabet and Amazon see a clear payoff from their AI spending, while Meta lags behind. Plus, Anthropic has begun weighing a fresh funding round that would value the AI developer at more than $900 billion. And, Stripe President John Collison discusses the company’s new AI…

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Bloomberg’s Caroline Hyde and Ed Ludlow discuss tech earnings as Alphabet and Amazon see a clear payoff from their AI spending, while Meta lags behind. Plus, Anthropic has begun weighing a fresh funding round that would value the AI developer at more than $900 billion. And, Stripe President John Collison discusses the company’s new AI tools and partnership with Google.
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“Bloomberg Technology” is our daily news program focused exclusively on technology, innovation and the future of business hosted by Ed Ludlow from San Francisco and Caroline Hyde in New York.

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Qualcomm CEO Teases Deal with Large Hyperscaler

Qualcomm shares surged after the company said it was making headway in the lucrative data center market and teased a partnership with a large hyperscaler. Qualcomm CEO Cristiano Amon speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on YouTube:   Watch the latest full episodes of…

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Qualcomm shares surged after the company said it was making headway in the lucrative data center market and teased a partnership with a large hyperscaler. Qualcomm CEO Cristiano Amon speaks with Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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Anthropic Weighs Funding Offers at Over $900 Billion Valuation

Anthropic has begun weighing a fresh funding round that would value the AI developer at more than $900 billion, according to sources, potentially overtaking longtime rival OpenAI as the world’s most valuable AI startup. Bloomberg’s Natasha Mascarenhas joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.” ——– Like this video? Subscribe to Bloomberg Technology on…

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Anthropic has begun weighing a fresh funding round that would value the AI developer at more than $900 billion, according to sources, potentially overtaking longtime rival OpenAI as the world’s most valuable AI startup. Bloomberg’s Natasha Mascarenhas joins Caroline Hyde and Ed Ludlow on “Bloomberg Tech.”
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