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4 mins read
Wells Fargo may have underestimated just how savvy millennial credit card holders can be
Thanks to savvy millennials, Wells Fargo's partnership with Bilt Rewards — a renter-friendly credit…
Lloyd Lee
2 mins read
Wells Fargo fired employees accused of faking work. It shows some bosses are cracking down on disengagement.
Wells Fargo's decision to reportedly fire more than a dozen workers for faking work is a reminder t…
Tim Paradis
2 mins read
'Growth company with no growth': Wells Fargo says Tesla stock could drop 23% in scathing downgrade
Wells Fargo downgraded Tesla stock, slashing its price target for Elon Musk's car company from $200…
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
Merrill and Wells Fargo are taking Bitcoin ETFs even more mainstream
Bank of America's Merill and Wells Fargo are offering some of their clients bitcoin exchange-traded…
Lloyd Lee
1 min read
The odds of a US recession are 'vanishingly low,' Wells Fargo head macro strategist says
"The underlying economy is pretty good, but it's not hot enough yet to spook the Feds. So it's a go…
Aruni Soni
2 mins read
Warren Buffett's Apple stake just hit $177 billion in value — more than Nike, Disney, or Wells Fargo are worth
Apple's stock price has surged by almost 50% this year to near-record highs, boosting the value of …
Theron Mohamed
2 mins read
Steep rate cuts are coming as the job market looks poised to weaken, Wells Fargo strategist says
The job market is probably only half as strong as it looks on the surface, Wells Fargo strategist E…
Jennifer Sor
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
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
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
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
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
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
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
3 mins read
'Reels, Messaging, and AI:' What Wall Street analysts expect from Meta as it gears up for first-quarter earnings
Wall Street is upbeat heading into Meta Platforms' first-quarter earnings, with analysts touting it…
Filip De Mott
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
1 min read
Super Micro Computer stock crashes 23%, drags down AI darling Nvidia after it doesn't preannounce earnings
SMCI did not offer Wall Street "a positive preannouncement, which is being considered a negative," …
Matthew Fox
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
Stock market today: Dow drops 475 points as Israel braces for potential attack from Iran
Investors were unimpressed with first-quarter earnings results from the mega-banks, with shares of …