You Searched For "wells fargo" and got 20 results
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2 mins read
Bill Ackman's first stock was Wells Fargo – and Warren Buffett was a big reason why he bet on the bank
Bill Ackman bought Wells Fargo stock while at business school as it seemed oversold, and Warren Buf…
Theron Mohamed
1 min read
Stock market today: Indexes edge higher as traders digest fresh inflation data and bank earnings
JPMorgan, Citi, and Wells Fargo all reported earnings on Friday. Earnings could be the next catalys…
Max Adams
2 mins read
Stock market today: US stocks rise to records ahead of key June inflation report
This week will also see testimony from Fed chair Jerome Powell and the official start of earnings s…
Matthew Fox
2 mins read
Stocks are facing 3 barriers to entering a new bull market, Wells Fargo says
Stocks have more downside on the way, as the economy has yet to tip into recession or see any inter…
Jennifer Sor
2 mins read
Tesla is about to embark on a 2nd half rally as the company's comeback story is starting, Wedbush's Dan Ives says
Tesla will finally make a comeback in the second half as it sees the "last of the worst news" for d…
Jennifer Sor
1 min read
Stocks could see a sharp sell-off as the possibility of resurgent inflation threatens the FOMO-fueled rally, Wells Fargo says
Wells Fargo said the sectors that have driven this year's rally are at risk of a sharp pullback if …
Jennifer Sor
2 mins read
Stocks could get slammed by a rebound in inflation and weak corporate earnings, Wells Fargo wealth management CIO says
The market has seen the largest peak-to-trough earnings growth decline since the 2008 recession, We…
Jennifer Sor
2 mins read
More firms on Wall Street are bracing for a stock sell-off. Here's why JPMorgan, Wells Fargo, and others say the market's huge gains are at risk.
Stocks have blown past expectations for 2023 – but some analysts are bracing for a sell-off as the …
Jennifer Sor
2 mins read
American consumers won't save the economy in 2024 and their wild holiday spending spree was a 'last hurrah', Wells Fargo says
The US will probably tip into an economic downturn by the end of this year, Wells Fargo says.
Jennifer Sor
1 min read
Banks are bracing for losses on office loans and pulling back on lending for 2 good reasons, warns Wells Fargo CEO
Charlie Scharf told a conference in New York that some lenders were just being "more conservative" …
Zahra Tayeb
3 mins read
'AI demand train running at full speed': Here's what Wall Street expects from Nvidia's first-quarter earnings
"With H100 lead times falling and H200 and GB200 products now in the mix, Nvidia has more levers to…
Matthew Fox
2 mins read
Wells Fargo's CEO says there is 'no question' that the US is heading into a downturn, and it will be hard to avoid recession
Charlie Scharf said while a recession in the US seems hard to avoid, the strength of businesses and…
Hamza Fareed Malik
1 min read
Wells Fargo has a new Autograph credit card in the works. Here's what's official, and what's just a rumor.
Rumors have been swirling about a potential new Wells Fargo credit card. Here's what we know, strai…
Katherine Fan
1 min read
Stocks are headed nowhere fast with high rates likely to weigh on the S&P 500 for all of 2024, Wells Fargo says
The benchmark S&P 500 is likely to trade within a narrow range next year with any rallies "capped" …
George Glover
2 mins read
Stock market today: Rally wavers but Dow edges higher for 6th straight session
Tech stocks dipped on Wednesday. Uber dropped after lackluster results and Intel declined as it low…
Jennifer Sor
3 mins read
'Winner take most': Here's what Wall Street is expecting from Amazon's Q1 earnings report
"We are optimistic that AMZN will be one of the 2-3 winners from GenAI," Needham analysts wrote.
Jennifer Sor
2 mins read
Wells Fargo says the US will fall into recession after the Fed delivers its biggest rate hike since 1994
A consensus on Wall Street is growing: the Fed is going to have to sacrifice growth to tame red-hot…
Harry Robertson
2 mins read
An NYSE glitch caused market mayhem resulting in Morgan Stanley and Wells Fargo shares crashing over 10%
The exchange explained that the glitch, which affected over 250 stocks, resulted in the NYSE not co…
Huileng Tan
2 mins read
Brace for 8% mortgage rates to drag the US housing market into a 1980s-style recession, Wells Fargo warns
Strategists compared the current slowdown in activity to the 1980s, when the Fed's aggressive inter…
George Glover
1 min read
The Fed will face an extremely difficult challenge to steer the economy to a soft landing, says Wells Fargo CEO
"The scenario of a soft landing is … extremely difficult to achieve in the environment that we're i…