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2 mins read

Stocks will embark on a run of gains unseen in 30 years after the Fed cuts rates, Wells Fargo strategy chief says

Stocks could see a 1995-like rally after the Fed cuts rates, according to Wells Fargo's head of glo…

Jennifer Sor   


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3 mins read

4 trends to watch this bank earnings season

JPMorgan kicks off bank earnings on Friday. All eyes will be on what lower interest rates may mean …

Kaja Whitehouse   


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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   


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3 mins read

The 3 biggest themes investors are watching for as earnings season kicks off

"We'll need to see EPS expectations exceeded by high single digits in the aggregate to keep the str…

Matthew Fox   


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1 min read

Stock market today: Indexes trade mixed as investors sift through big bank earnings

Gains were muted Tuesday morning as investors parsed through the latest earnings from Citigroup, Go…

Filip De Mott   


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3 mins read

Wall Street shifts focus back to Tesla's core auto business ahead of earnings as robotaxi hype fades

Wall Street analysts said Tesla needs to release a low-cost "Model 2" vehicle and update its curren…

Matthew Fox   


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2 mins read

Stock market today: Tech rally leads stocks higher as oil prices plunge and earnings kick off

The market rebounded from Monday's losing session as oil prices plunged 4% and tech stocks gained g…

Filip De Mott   


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2 mins read

Stock market today: Indexes drop and yields, oil prices spike ahead of earnings and fresh economic data

The 10-year US Treasury yield jumped back above 4% on Monday, touching its highest level in about t…

Matthew Fox   


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2 mins read

Stock market today: Indexes hit records and notch 5-week win streak after upbeat earnings, cool inflation

The S&P 500 ended at a record high on Friday, representing the index's 45th record closing high thi…

Matthew Fox   


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5 mins read

Earnings season kicks off after a blowout jobs report upended investors' hopes of another interest-rate cut

The spotlight is on earnings season after a surprise jobs report called into question when the next…

Dan DeFrancesco   


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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   


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5 mins read

Welcome back to Wall Street earnings season

Among other things, bankers and investors will be keeping an eye out for updates on Jamie Dimon's r…

Jordan Parker Erb   


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4 mins read

'An underpriced risk': Wall Street is upbeat but cautious on Nvidia earnings amid chip delays and soaring AI hype

Wall Street analysts see Nvidia earnings beating consensus estimates, though there are worries over…

Filip De Mott   


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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   


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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   


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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   


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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   


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3 mins read

'Potential boost from TikTok uncertainty': Here's what Wall Street expects from Meta's 2nd-quarter earnings

"Our 2Q advertising checks and time at Cannes suggest that the broader online advertising market is…

Matthew Fox   


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Don't chase the rally in stocks because a recession is coming and current earnings estimates are too high, a Wells Fargo strategist says

Don't chase the rally in US stocks, fade the market instead, according to Wells Fargo's global mark…

Zinya Salfiti   


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1 min read

The surge in credit card delinquencies might be a 'harbinger' of a coming recession, Wells Fargo says

"Our outlook remains for a short, moderate recession and then recovery for most of 2024 and likely …

Jennifer Sor