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The Latest Breaking News from Wells Fargo

The stock market will be closed on June 19 in observance of Juneteenth . Because Juneteenth is a U.S. holiday, many international stock markets will remain open. Major banks such as Chase, Wells Fargo and Bank of America will be closed for the federal holiday. USPS locations will be closed,…

The Independent UK

US Stock Market: Wells Fargo raises S&P 500 target on stronger earnings outlook, easing macro risks

Wells Fargo has raised its year-end 2026 target for the S&P 500 to 7,950 from 7,300, implying a potential upside of about 5% from current levels. The brokerage cited stronger corporate earnings, easing macroeconomic uncertainty following the interim U.S.-Iran agreement, and improved investor sentiment after a recent market pullback.

The Economic Times

A Major Short Squeeze Could Be Brewing in Cracker Barrel Stock

Cracker Barrel stock is rallying after strong quarterly report and growing Wall Street optimism. With nearly a third of its float sold short, the stage could be set for a giant short squeeze.

Barchart

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Why Wells Fargo Is Warning That Surging AI Token Costs Is a Death Knell for Hyperscaler Stocks Like Meta and Microsoft

As AI token costs surge, Wells Fargo warns that hyperscalers like Meta and Microsoft could face growing pressure on the very technology driving their explosive growth.

Barchart

Couple Exposes Fake Wells Fargo Scam, Then Receives Chilling Text: 'Should Have Sent the Money'

A Georgia couple's vigilance against a phone scam led to criminal charges against a Florida woman for extortion and threats. Their caution prevented financial loss and prompted an investigation.

International Business Times UK

This Analyst Just Upgraded Oscar Health Stock. Here's Why.

Wells Fargo raises price target on Oscar Health stock to $20. Here’s why the bank turned bullish on OSCR shares.

Barchart

Is Wells Fargo Stock Underperforming the Dow?

Wells Fargo has underperformed the Dow over the past year, yet Wall Street analysts maintain a moderately optimistic outlook on the stock’s prospects.

Barchart

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Why is Dell stock rallying today after Wall Street raises stock price targets up to $290 ahead of Dell Technologies earnings

Dell stock today: Dell Technologies stock soared to a new 52-week high. Analysts from Wells Fargo, JPMorgan, and Citigroup significantly raised their price targets. This surge reflects strong investor belief in Dell's AI infrastructure business. The company reported substantial AI orders and a large backlog. Future AI revenue expectations are…

The Economic Times

Inside India’s biggest banking and financial services tech hubs

Standard Chartered plans to cut over 7,000 jobs in four years, replacing human capital with technology, particularly impacting back-office roles in India. This move aligns with a broader trend of financial firms leveraging AI and tech hubs in India for both support and higher-value functions, though some, like Wells Fargo,…

The Economic Times

Orion Office REIT Q1 Earnings Call Highlights

Orion Office REIT (NYSE:ONL) said its first-quarter results reflected continued progress on leasing, asset sales and balance-sheet management, while its board and management continue to evaluate strategic options with advisers Wells Fargo and JPMorgan. Chief Executive Officer Paul McDowell said the

MarketBeat

Chicago Man Told to Take Money Out of Bank of America by Fake US Marshals After Apple Call — Loses $69,000

A Chicago man lost $69,000 (£51,000) to scammers using AI-generated images. The incident underscores the increasing sophistication of scams and the need for vigilance.

International Business Times UK

Will Gold Hit $6,300 in 2026? JPMorgan's Bold Forecast Keeps Investors Watching Closely

JPMorgan forecasts gold could reach $6,300 per ounce by 2026, driven by central bank buying and global tensions. Analysts remain divided, with some predicting lower prices.

International Business Times UK

AI is a ‘euphoric’ bubble and you should buy into it, Wells Fargo analyst urges

"You can't own anything but AI—that's how a bubble forms. We expect limited downside," Ohsung Kwon says.

Fortune

Why SanDisk’s Wild 462% Rally Has Wall Street Divided

Wall Street is split on whether SanDisk is building a long-term AI powerhouse or heading toward a painful correction.

Barchart

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Axios

"Momflation" is changing how we celebrate Mother's Day

Americans are still willing to spend on special occasions — just more selectively.

The Independent UK

The best ways to earn rewards and cash back while eating out

The average American spends $2,841 a year on dining out

Barchart

Wells Fargo Stock Outlook: Is Wall Street Bullish or Bearish?

Wells Fargo has lagged behind the broader market over the past year, yet analysts remain moderately optimistic about the stock’s prospects.

Barchart

Wells Fargo Says the Time Is Here for Airbnb Stock to Shine. Are You Ready to Take a Gamble on ABNB?

Wells Fargo just upgraded ABNB stock, citing a major inflection point for the company.

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MarketBeat

Big Bank Earnings Gave Financials a Lift, But Wall Street Is Still Cautious

Goldman Sachs, Wells Fargo, Citigroup, and JPMorgan all posted Q1 2026 earnings beats, signaling potential undervaluation as the financials sector attempts a recovery.

International Business Times UK

Berenberg Tells Investors To Put 45% In Gold, Silver And Bitcoin — Ditches Bonds Entirely

Berenberg strategists propose a unique asset allocation strategy, excluding bonds and emphasizing gold, silver, and bitcoin, driven by macroeconomic factors and geopolitical dynamics.

International Business Times

Top Wall Street Banks Shed Thousands Of Jobs Despite Strong Profits: Report

Top Wall Street banks have shed thousands of jobs in the first quarter of the year despite notching record profits, according to a new report.

Barchart

Dear AMD Stock Fans, Mark Your Calendars for May 5

AMD continues to be a major beneficiary of the AI Revolution.

International Business Times UK

Gold Price Could Reach $8,000 By 2027, Says Wells Fargo — Here's The Key Driver

Wells Fargo forecasts gold prices could reach $8,000 per ounce by 2027 as we are currently in the 4th dollar debasement cycle.

Fortune

The first wave of bank earnings shows why 'resilience' is Wall Street's favorite word

Also: All the news and watercooler chat from Fortune.

The Guardian - UK

Big US banks rake in near $50bn profit as Iran war shakes markets

Six lenders, including Bank of America, Morgan Stanley and JP Morgan report jump in first-quarter earnings

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