The Latest Breaking News from UBS

Wells Fargo Company (NYSE:WFC) shares dipped after the banking giant reported mixed second-quarter 2025 earnings. While the company surpassed analyst expectations for earnings per share and revenue, a significant downward revision in its full-year net interest income (NII) forecast, a key profitability metric, raised investor concerns.

Citigroup (NYSE:C) has kicked off earnings season with strong second-quarter 2025 results, prompting several Wall Street analysts to reiterate positive ratings and raise price forecasts for the banking giant.

Initial production is expected to be limited, with estimates ranging from 10 million to 15 million units for the first wave.

Apple is aiming to release its first folding-screen iPhone in late 2026, a Wall Street stock analyst says.

Mainland China added roughly 380 new millionaires per day, according to the UBS Global Wealth Report.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Analysts including Deutsche Bank’s Jim Reid and Goldman Sachs’ Sven Jari Stehn suggest Trump's sharp escalation is more likely a negotiation tactic than a firm policy shift.

There are four times as many "everyday millionaires" since 25 years ago, according to the UBS Global Wealth Report.

Figures showed the UK economy shrank again in May, confounding expectations for a modest rise.