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The Latest Breaking News from Wells Fargo

Wells Fargo Investment Institute Expects Rate Cuts, Raises S&P 500 Target

Get ready for a rollercoaster ride in the stock market! Wells Fargo Investment Institute predicts rate cuts and skyrockets S&P 500 target for 2024.

Top News

Amazon Stock Prediction: Why Do Analysts Want You to Buy AMZN in 2024?

With gains of 81%, Amazon was the second-best-performing FAANG stock last year. Wall Street analysts are still quite bullish on the stock, and many brokerages see it as a top idea for 2024.

Barchart

Stocks Set to Open Mixed as Investors Await U.S. Inflation Data and Big Bank Earnings, Boeing Shares Plunge

March S&P 500 E-Mini futures (ESH24) are down -0.05%, and March Nasdaq 100 E-Mini futures (NQH24) are up +0.06% this morning as market participants looked ahead to the release of U.S. inflation data while also bracing for the start of earnings season later in the week.

Barchart

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Option Volatility And Earnings Report For January 8 - 12

Earnings season is back, with a couple of big names due to report this week including some of the major banks. This week we have Unitedhealth Group (UNH), JP Morgan Chase (JPM), Wells Fargo (WFC), Citigroup (C), Delta (DAL) and Bank of American (BAC) all set to report.

Barchart

Stocks Set to Open Lower as Investors Await U.S. Inflation Data and Big Bank Earnings, Boeing Shares Plunge

March S&P 500 E-Mini futures (ESH24) are down -0.16%, and March Nasdaq 100 E-Mini futures (NQH24) are down -0.17% this morning as market participants looked ahead to the release of U.S. inflation data while also bracing for the start of earnings season later in the week.

Barchart

Stocks Set to Open Lower as Investors Await U.S. Inflation Data and Big Bank Earnings

Barchart

10 CRM studies you need to read before you select your next CRM

Finding the best CRM software isn't easy. Fortunately, these case studies highlight the benefits of some of the market leaders.

TechRadar

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Who Funds The Prize Money On The PGA Tour?

Who funds the prize money on the PGA Tour is not a simple question to answer as the financial model varies from tournament to tournament.

Golf Monthly

Bank hours on Dec. 23 and Christmas Eve 2023: Bank of America, Chase, Wells Fargo, and more

It’s your last chance to do any banking business until Tuesday.

Fortune

Workers at Wells Fargo location in New Mexico vote to unionize

Employees at a Wells Fargo bank in New Mexico have voted to unionize, the first time that workers at a major U.S. bank have attempted to organize in the modern era

The Independent UK

Wells Fargo Makes History: Major US Bank Unionized!

Breaking barriers! Wells Fargo sets a new precedent in the banking world by embracing a unionized workforce. Bold moves that redefine corporate norms.

Top News

PGA Tour Announces Honda Replacement After Longest-Serving Sponsor Walks Away

Honda had been tournament sponsors for over 40 years before pulling out and being replaced by the IT services company for 2024

Golf Monthly

‘We’re not backing down’: Wells Fargo workers push to grow union campaign

Four branches of the bank in New Mexico, Alaska, California and Florida have filed for union elections since November

The Guardian - US

S&P Futures Slip as Investors Await U.S. Economic Data, FedEx Results Disappoint

March S&P 500 E-Mini futures (ESH24) are trending down -0.20% this morning as investors digested disappointing earnings results from global economic bellwether FedEx and looked ahead to a fresh batch of U.S. economic data.

Barchart

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S&P Futures Tick Higher as Fed Rate-Cut Optimism Continues, U.S. PMI Data in Focus

December S&P 500 futures (ESZ23) are trending up +0.09% this morning as market participants remained in a buoyant mood after dovish signals from the Federal Reserve while also looking ahead to the release of U.S. business activity data.

Barchart

S&P Futures Climb as Fed Rate-Cut Optimism Continues, U.S. PMI Data in Focus

December S&P 500 futures (ESZ23) are trending up +0.32% this morning as market participants remained in a buoyant mood after dovish signals from the Federal Reserve while also looking ahead to the release of U.S. business activity data.

Barchart

S&P Futures Climb on Fed Rate-Cut Optimism, U.S. PMI Data in Focus

Fortune

With interest rate hikes in Jerome Powell’s rearview mirror, Wall Street starts a new guessing game: Timing when the Fed will cut

With Powell touting “progress” on inflation, the Fed predicted three rate hikes next year—but many on Wall Street see four or even five.

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Golf Monthly

Wells Fargo To End Longtime Sponsorship Of PGA Tour Signature Event

The news comes just one day after Jon Rahm's departure for LIV and represents another big blow for the Tour

USA Today Sports Media Group

Report: Wells Fargo ending sponsorship deal with PGA Tour after 2024 event at Quail Hollow

Another sponsor is leaving the PGA Tour.

Fortune

Elizabeth Warren and Wall Street just declared a truce: ‘I am not usually holding hands with the CEOs of multibillion-dollar banks’

The Massachusetts senator known for being tough on the financial industry has a new target in her sights.

Fortune

Sen. Robert Menendez, facing bribery charges, stumps bank CEOs by asking how much their firms paid in settlements for allegedly ripping off consumers

The indicted senator expressed staunch support for the CFPB, which is under a legal threat of its own.

StockNews.com

Lululemon Athletica (LULU) Earnings Watch: Fashion Stock Buy or Sell?

After a solid year-to-date rally, Lululemon Athletica (LULU) shares faced a setback on account of a downgrade by Wells Fargo. With the company’s third-quarter earnings release on the horizon, would it be wise to take a bullish stance on the stock? Let’s find out….

Fortune

Home prices could drop next year, but don’t expect that to solve the affordability crisis, bank exec says

Morgan Stanley forecasts a 3% drop in home prices next year—just half of the 6% price increase this year.

Broadcasting & Cable

Q3 Streaming Revenues Grew 4% From Prior Quarter to $16.7 Billion, Wells Fargo Reports

Analyst Steven Cahall expects revenues exerted to hit $76.9 billion by 2024

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