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The Latest Breaking News from Wells Fargo

Solid Profits At Banks As Execs Debate US Economic Risks

Large American banks reported solid earnings Friday behind still-high interest rates while offering varying views on the likelihood the United States can avoid a near-term recession.

International Business Times

S&P Futures Tick Lower as Investors Digest Big Bank Earnings

S&P Futures Tick Lower as Investors Digest Big Bank Earnings

June S&P 500 E-Mini futures (ESM24) are down -0.12% this morning as market participants geared up for earnings from big U.S. banks.

S&P Futures Tick Lower as Investors Cautiously Await U.S. Big Bank Earnings

S&P Futures Tick Lower as Investors Cautiously Await U.S. Big Bank Earnings

June S&P 500 E-Mini futures (ESM24) are down -0.12% this morning as market participants geared up for earnings from big U.S. banks.

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Costco's Golden Opportunity: How The Retail Giant Captured The Bullion Market

Costco's venture into gold sales has become a roaring success, with analysts estimating monthly revenues soaring to $200 million.

International Business Times

Wells Fargo (WFC) Pre-Earnings Investor Strategies - Buy or Hold?

Wells Fargo & Company (WFC) will release its first-quarter earnings on April 12. The bank is expected to report a decline in revenue and earnings over the prior-year quarter. Therefore, should investors consider investing in the stock ahead of its earnings? Read on to learn my view.

Wells Fargo Raises S&P 500 Target To Record High

Wells Fargo raises S&P 500 target to 5,535, signaling optimism for market performance.

What Should Investors Do With Starbucks Stock as Coffee Prices Surge?

With coffee futures surging in the background, Starbucks stock just scored an analyst upgrade. Here's what investors need to know about the coffee chain's stock right now.

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Option Volatility And Earnings Report For April 8 - 12

Option Volatility And Earnings Report For April 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 JP Morgan Chase, Wells Fargo, Citigroup and Delta all set to report.

This Magnificent 7 Stock Could Rise Another 24%

This Magnificent 7 Stock Could Rise Another 24%

Wells Fargo is gung-ho about this mega-cap tech stock. Should you scoop up the shares this April before they rise any higher?

Stocks Set to Open Higher as Investors Await U.S. Jobs Data and Fed Speak

Stocks Set to Open Higher as Investors Await U.S. Jobs Data and Fed Speak

June S&P 500 E-Mini futures (ESM24) are up +0.10%, and June Nasdaq 100 E-Mini futures (NQM24) are up +0.14% this morning as investors digested the latest U.S. inflation figures and looked ahead to remarks from a host of Federal Reserve officials as well as a fresh slew of U.S. labor…

How Low Can Tesla Stock Go as Analysts Question the Growth Story?

How Low Can Tesla Stock Go as Analysts Question the Growth Story?

Tesla stock has looked weak in 2024 after doubling last year. How low will TSLA stock go amid the sell-off in EV stocks? Here's what Wall Street believes, as some analysts question the Tesla growth story.

Banks driving increase in global meat and dairy production, report finds

Banks driving increase in global meat and dairy production, report finds

Financiers providing billion-dollar support for industrial livestock companies to expand leading to unsustainable rise in production

The Guardian - UK

US Fed To Provide Fresh Clues On Rate Cuts After Uptick In Inflation

US Fed To Provide Fresh Clues On Rate Cuts After Uptick In Inflation

The US Federal Reserve is widely expected to keep its key lending rate unchanged again on Wednesday, as policymakers continue discussions over when to start rate cuts and launch the next phase in their long-running battle against inflation.

International Business Times

Stocks Fall on Bearish US Economic Reports and Sharp T-note Yield Rise

Stocks Fall on Bearish US Economic Reports and Sharp T-note Yield Rise

The S&P 500 Index ($SPX ) (SPY ) on Thursday closed down -0.29%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.35%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.30%. Stocks on Thursday closed mildly lower on the bearish PPI and retail sales...

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International Business Times

Tesla Faces Uphill Battle As Analysts Downgrade Outlook Amid Growth Concerns

Tesla faces significant challenges as analysts downgrade outlook amid concerns over stagnant growth and increasing competition in the electric vehicle market.

Stocks Succumb to Bearish PPI and Retail Sales Reports

The S&P 500 Index ($SPX ) (SPY ) is down -0.25%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.15%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is down -0.13%. Stocks faded from early gains and are currently trading mildly lower on today's bearish PPI...

Wells Fargo Expects Fed Rate Cut In June

Wells Fargo adjusts rate-cut forecast to June amid COVID-19 uncertainty. Federal Reserve closely monitoring economic indicators and pandemic impact.

BMO Offers Competitive CD Rates Through Online Banking Division

Explore BMO Financial Group's CD options, including Special CDs and Alto CDs with competitive rates. Consider minimum deposits, online-only limitations, an...

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The Guardian - US

US banks abandon ‘bare minimum’ environmental standards project, alarming climate groups

Citi, BofA, JPMorgan Chase and Wells Fargo leave framework that assesses environmental, social and governance (ESG) financing

Analyzing JPMorgan (JPM) and Wells Fargo (WFC) for March: Buy, Hold, or Sell?

The Federal Reserve is expected to start cutting interest rates this year, but concerns over higher deposit costs, slower loan growth, higher funding costs, declining asset quality, and the potential of default on CRE loans continue to cloud the U.S. banking sector’s outlook. Therefore, let’s analyze whether one should buy,…

International Business Times

Morgan Stanley Reportedly Mulling Spot Bitcoin ETFs For Brokerage Platform

Morgan Stanley, which became the first major U.S. bank to offer clients access to Bitcoin funds, is now reportedly considering spot Bitcoin ETFs to be added to its brokerage platform.

Wells Fargo Faces Lawsuit Over Fake Accounts Scandal Response

Learn about Wells Fargo's lawsuit over the fake accounts scandal and its potential impact on the financial industry.

International Business Times UK

Bank CEOs enjoy 6% to 22% pay hikes while several branches close down across America

This news comes alongside reports of the Bank of America, Wells Fargo and Citibank persisting in the closure of branches across the United States.

Big Bank Stocks Analysis: Bank Of America, Fifth Third, Wells Fargo

Analysis of Bank of America, Fifth Third Bancorp, and Wells Fargo using AAII’s A+ Investor Stock Grades provides insights into their performance and potent...

Gray Television Announces Upcoming Retirement of CFO Jim Ryan

Jeff Gignac has been appointed to succeed him

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