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The Latest Breaking News from Wells Fargo

Election warning: Zelle CEO says elderly users face high risk of political donation scams

With reports of elderly victims of political scammers on the rise, the payment giant that transacted $481 billion in the first half of 2024 says families need to get involved.

Fortune

Amazon Q3 Earnings Preview: Will AMZN Rise to Record Highs, or Repeat Its Q2 ‘Horror Show’?

Amazon is set to report its Q3 earnings tomorrow after the close of markets. The stock crashed after its Q2 release, and hasn't been able to break above its July highs. It has however crept toward its record highs, and upbeat Q3 earnings could help AMZN rise further.

Barchart

JPMorgan banking strategy is challenging predatory lenders on their home turf: banking deserts

JPMorgan says its new banking model is now profitable, which could spell trouble for competitors looking to serve the unbanked.

Fortune

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Mystery Death Of Arizona Wells Fargo Worker Whose Body Was Found At Desk After 4 Days Finally Solved

Many employees were devastated after learning her body was not found for so long

International Business Times

Mystery Death of Arizona Wells Fargo Worker Whose Body was Found at Desk after 4 Days Finally Solved

Many employees were devastated after learning her body was not found for so long

Latin Times

The Climate Crisis Is Driving Bankers to Quit Their Jobs in Disillusionment

Wells Fargo and others pledged to achieve net-zero and invest in sustainable financing. Instead, they kept funding fossil fuels.

Capital & Main

Recent hurricanes are obscuring the U.S. economy’s underlying trend

Goldman Sachs said property damage from hurricanes Helene and Milton could cost a combined $90 billion.

Fortune

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Stock Market Today: Stocks Pause but Nvidia Hits New All-Time Highs

The major equity indexes were mostly mixed on Monday, but Nvidia hit yet another new all-time high.

Kiplinger

Buy This High-Yield Dividend Stock for 19% Payout Growth Until 2026

Citigroup stock has a dividend yield of 3.4%, and Goldman Sachs expects its dividend payout to rise at a CAGR of 19% between 2024 and 2026. Is the stock a buy for its fat dividend?

Barchart

Why One Analyst Just Downgraded Amazon Stock Ahead of Earnings

Wells Fargo has low expectations for AMZN ahead of its Q3 report next week.

Barchart

Stock Market Today: Stocks Hit Fresh Highs on Bank Earnings, Econ News

Strong corporate profits and benign economic data once again sent equities to record levels.

Kiplinger

Uber and Lyft are the big winners from Tesla’s underwhelming Cybercab reveal

The lack of details from Elon Musk’s Thursday presentation has assuaged any fears of Tesla dominating the rideshare market anytime soon.

Fortune

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

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Fortune

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

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.

Barchart

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).

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news in one place.

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Barchart

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

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.

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.

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.

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