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The Latest Breaking News from Wells Fargo

JPMorgan Chase Profits Top Estimates, Bank Sees 'Resilient' US Economy

JPMorgan Chase reported a dip in profits on higher costs Friday while still topping expectations as executives described US consumers as healthy and the economy as poised to avoid recession.

International Business Times

Tesla stock plunges after Elon Musk robotaxi event disappoints

Rather than riding the stock’s recent momentum, the robotaxi unveiling proved to be the “sell the news” event some analysts predicted.

Fortune

Dow Jones, S&P 500 Finish With Record Highs; Broadcom Retreats, Tesla Tops Losers List (Live Coverage)

The Dow Jones gained 400 points Friday afternoon. Broadcom retreated from a buy zone.

Investors Business Daily

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Dow Jones Rises After Inflation Data; Tesla Plunges On Robotaxi Event

Stock Market Today: The Dow Jones rose Friday after key inflation data. Tesla stock plunged after its Robotaxi event.

Investors Business Daily

Boeing could get some air under its wings with a $15 billion equity offering

Boeing appears to be bleeding cash. An equity offering may be the Band-Aid to fix it.

Fortune

JPMorgan, Wells Fargo, BlackRock, BNY Score Strong Earnings Beats

JPMorgan Chase, Wells Fargo, Bank of New York Mellon and BlackRock led bank results Friday. Analysts expected a soft quarter for earnings.

Investors Business Daily

Dow Rallies 431 Points In Late Trading Surge; Nvidia Dips As Tesla's Big Event Looms (Live Coverage)

The Dow Jones index rose on the stock market today. Nvidia wavered after a five-day winning streak even though partner Taiwan Semiconductor posted strong sales.

Investors Business Daily

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Wall Street Is Mixed On Microsoft Ahead Of Earnings

Wall Street analysts Tuesday clashed on Microsoft’s prospects ahead of the software giant’s September-quarter earnings report.

Investors Business Daily

Hurricane Milton could cause billions of dollars in losses, Wells Fargo estimates

Insured losses could be anywhere between $10 billion and $100 billion, according to the bank, but its base-case scenario is $20 billion.

Fortune

Wells Fargo’s new government banking boss seeks to expand portfolio of 3,000 clients

The money center bank now has a new head of government banking.

Fortune

Amazon Stock Falls After Rare Downgrade. Watch Out For These 'Multiple Headwinds'

Amazon stock fell in Monday trading after the tech behemoth got a rare downgrade from an analyst, citing headwinds for margin growth.

Investors Business Daily

How To Find Options Trades This Earnings Season

Earnings season is here and we’ve got the first batch of big name companies reporting earnings this week including JP Morgan Chase (JPM), Wells Fargo (WFC), Pepsico (PEP), Delta Airlines (DAL) and Blackrock (BLK).

Barchart

Broadcom, Cava Lead Five Stocks Near Buy Points

Artificial intelligence chip stalwart Broadcom and fast-casual pacesetter Cava Group lead this watchlist of five stocks near buy points.

Investors Business Daily

3 Unusually Active Cash-Secured Put Options to Sell for a Better Thanksgiving

There were 47 unusually active put options with a Nov. 15 expiration in Thursday trading. If you’re looking to give yourself an early Thanksgiving gift, selling these three cash-secured puts is the way to go.

Barchart

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Barchart

1 'Strong Buy' Energy Dividend Stock With 17% Upside Potential

The article highlights a top-rated energy dividend stock that promises a compelling 17% upside potential.

Barchart

WFC Earnings: Iron Condor Could See a 49% Return

Today, we’re going to look at an iron condor trade placed over earnings. These types of trades can be high risk, so make sure you understand how they work before attempting something like this.

Investors Business Daily

Why AI Stocks Bring Back Memories Of The Dot-Com Boom — And Crash

The artificial intelligence revolution has been one of the major stock market themes of 2024. But have AI stocks like Nvidia topped?

Fortune

'You're either killing yourself or you're not enough.' Wells Fargo employees speak out.

You're either killing yourself or you're not enough,” an employee told the union.

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news in one place.

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Barchart

Should You Follow Insider Buying on This Energy Dividend Stock?

The article examines whether investors should follow insider buying on a promising energy dividend stock.

Fortune

Fortune LGBTQ+ Leaders

What will the LGBTQ+ Leaders of the future look like? Here are some of the names we expect to see a lot more of in the coming years.

Barchart

Should You Buy This Dividend Stock with Almost 4% Yield That Could Double in Value?

Citigroup stock has a forward dividend yield of 4%. Wells Fargo believes that the stock could double over the next two and a half years as the company's CEO Jane Fraser tries to turn around the lender.

Fortune

Tech surge means banks are making $98,000 more per employee—even as headcount shrinks

New tech means revenue per banker is up $98,000—but jobs are becoming scarce.

The Independent UK

Newly freed from federal restrictions, Wells Fargo agrees to shore up crime risk detection

Wells Fargo has agreed to work with U.S. bank regulators to shore up its financial crimes risk management, including internal controls related to suspicious activity and money laundering

International Business Times

OCC Orders Wells Fargo To Fix Lapses In Money Laundering Controls

U.S. regulator ordered Wells Fargo to tighten its controls on money laundering to prevent propagation of illicit transactions.

Investors Business Daily

Bank Stocks Skid On JPMorgan, Ally Warnings; Barr Discusses Basel

Bank stocks reversed despite an eased outline of Basil III rule change proposals. Ally warns of credit deterioration.

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