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The Latest Breaking News from Wells Fargo

Wells Fargo Gears Up For Q2 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts

Wells Fargo Company (NYSE:WFC) will release earnings results for the second quarter, before the opening bell on Tuesday, July 15.

Benzinga

Warren Buffett Skips Big Banks Like JPMorgan and Wells Fargo, Bets $459 Million On This One Asset

Billionaire investor Warren Buffett has shifted his investment strategy, investing $459 million in Sirius XM (NASDAQ:SIRI) after selling his stakes in Bank of America (NYSE:BAC), JPMorgan Chase (NYSE:JPM), and Wells Fargo (NYSE:WFC).

Benzinga

The world could get carved up into these 3 blocs as Trump tariffs fuel deglobalization. Here’s which side each country might join

Wells Fargo sketched out a hypothetical scenario where the world is divided into three trading blocs led by the U.S., China, and the EU.

Fortune

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Tom Lee Says Institutional Investors 'Hate This V-Shaped Rally' With $7 Trillion On Sidelines, Sees 3 Drivers For More Gains

While the stock market has been scaling new records, the CIO of FundStrat Capital, Tom Lee, has said that his institutional clients are “hating” the current rally in the stock market. Additionally, he spoke about three levers that could propel the market higher in the future.

Benzinga

US labor market surprises with 147K new jobs last month despite Trump’s tariffs causing economic concerns

The positive figures conceal underlying weaknesses

The Independent UK

Big Bank Buybacks: Morgan Stanley, Citi, & Wells Fargo Lead

The banking sector is now pushing for some of the most aggressive buyback programs in the market, pointing to higher prices ahead in the space.

MarketBeat

Nvidia To Rally Around 18%? Here Are 10 Top Analyst Forecasts For Thursday

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.

Benzinga

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US Stocks Likely To Open Higher As Trump Announces Vietnam Trade Deal: S&P 500's Golden Cross 'Reason To Expect Better Than Average Returns,' Says Expert

U.S. stock futures were slightly higher on Thursday after a mixed close on Wednesday. Futures of major benchmark indices were trading higher.

Benzinga

What's Going On With Snap Shares Today?

Snap Inc. (NYSE:SNAP) shares are trading higher on Tuesday after Wells Fargo raised its price target on the stock from $8 to $11, citing stronger-than-expected revenue growth in a stabilizing ad market.

Benzinga

6 Major Banks Accused of Overcharging Elderly Clients

When most people picture financial scams targeting the elderly, they imagine anonymous phone calls or foreign emails, not America’s biggest banks. Yet in recent years,...

Saving Advice

Robinhood To Rally More Than 17%? Here Are 10 Top Analyst Forecasts For Tuesday

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.

Benzinga

2 Reasons to Buy Trade Desk Stock Now and 1 Warning Sign

The Trade Desk's recovery has real momentum, and while Wall Street debates competitive risks, the technicals hint the best part of the rally might be next.

MarketBeat

$90 Billion Capital Cushion Points To Serious Bank Shareholder Payday: Goldman Sachs

Goldman Sachs analysts are cautiously optimistic about the prospect of major U.S. banks returning more capital to shareholders through buybacks and dividends.

Benzinga

The Trade Desk Stock Is Moving Lower Thursday: What Driving The Action?

The Trade Desk Inc. (NASDAQ:TTD) stock is trading lower on Thursday. Wells Fargo analyst Alec Brondolo downgraded The Trade Desk from an Overweight rating to an Equal-Weight rating and lowered the price target from $74 to $68.

Benzinga

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Benzinga

Tesla To Rally Around 45%? Here Are 10 Top Analyst Forecasts For Thursday

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.

Benzinga

'Big Short' Investor Eisman Warns JPMorgan, Wells Fargo Domination Squeezes Regional Banks

Steve Eisman, the investor widely known for his role in shorting the subprime mortgage market before the 2008 financial crisis, says the U.S. banking landscape is increasingly consolidating into the hands of a few large banks.

Barchart

TSLA Stock Warning: Tesla Could Lose $1.9 Billion in Free Cash Flow This Year

Wells Fargo warns Tesla could lose $1.9 billion in free cash flow this year, its first negative FCF since 2018, amid weak deliveries, rising costs, and regulatory headwinds.

MarketBeat

Zscaler Upgraded: Wall Street Forecasts 26% More Upside

Zscaler has earned a new wave of boosts and optimism from Wall Street, investors can make sense of it in this tariff-immune technology stock.

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The Guardian - US

World’s largest banks pledged $869bn to fossil fuel firms in 2024, new report finds

Two-thirds of the biggest 65 banks increased financing by $162bn from 2023 to 2024, walking back climate promises

The Conversation

Family homesteads with tangled titles are contributing to rural America’s housing crisis

Imagine your parents leave you and your siblings a share of land that’s been in your family for generations. Several of your relatives already live on the land, and you’d like to do the same; but you can’t get a loan to build or renovate a home without permission from…

Barchart

Trump and Musk Might Be Making Up. Should You Buy Tesla Stock Here?

Tesla shares are gaining amidst signs of reconciliation between Elon Musk and Donald Trump. Wells Fargo continues to warn of a steep crash in TSLA stock.

International Business Times UK

Citigroup Restricted Services to Gun Sellers—Now Makes Dramatic U-Turn After Pressure from Trump

Citigroup has reversed its 2018 gun-sale restrictions amid pressure from Donald Trump and Republican states. Find out what this means for banks and US gun policy.

MarketBeat

This Banking Giant Just Got a $90 Price Target Upgrade

Wells Fargo just got a big win for its capital requirements being lifted, sending EPS forecasts and valuations higher for the company.

International Business Times UK

UK's NatWest Banking App is Down: Here Are Other Ways You Can Access Your Money Amidst IT Outage

The bank attributed the disruption to a faulty app update released the previous day and apologised for the inconvenience.

International Business Times UK

Wells Fargo's Reckoning: Who Paid the Price for the Bank's Scandal?

Wells Fargo's asset cap has been lifted—but who paid the real price for the bank's scandal? Explore the employee backlash, whistleblower retaliation, and what's next for the bank's culture.

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