Wells Fargo (WFC) Falls More Steeply Than Broader Market: What Investors Need to Know — May 20th, 2025

Wells Fargo (WFC) closed the most recent trading day at $75.52, moving -0.71% from the previous trading session. This change lagged the S&P 500's 0.39% loss on the day. Meanwhile, the Dow experienced a drop of 0.27%, and the technology-dominated Nasdaq saw a decrease of 0.38%. The the sto...

Possible Bearish Signals With Wells Fargo Insiders Disposing Stock — May 9th, 2025

In the last year, many Wells Fargo & Company (NYSE:WFC) insiders sold a substantial stake in the company which may have sparked shareholders' attention. When evaluating insider transactions, knowing whether insiders are buying is usually more beneficial than knowing whether they are sellin...

Moody’s downgrades JPMorgan, Bank of America, Wells Fargo in blow to U.S. banks — May 19th, 2025

Moody’s Ratings on Monday downgraded the long-term ratings of several of America’s largest banks, including JPMorgan Chase & Co (NYSE:JPM), Bank of America Corp (NYSE:BAC), and Wells Fargo & Company (NYSE:WFC), citing weakened prospects of federal support following Friday’s U.S. so...

UnitedHealth Plunge Stunned Wall Street. One Analyst Saw It Coming — May 21st, 2025

(Bloomberg) -- When CFRA’s Paige Meyer slapped a “sell” rating on UnitedHealth Group Inc. in February, she was the lone analyst out of 30 tracked by Bloomberg with a negative view of the company. Most Read from Bloomberg Can Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a ...

Wells Fargo to Present at the Bernstein Strategic Decisions Conference — May 20th, 2025

Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) SAN FRANCISCO, May 20, 2025--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) said today that Chief Executive Officer Charlie Scharf will present at the Bernstein Strategic Decisions Conference on Wednesday, May 28, 2...

Wells Fargo and Other U.S. Banks Get Ratings Cut by Moody’s. Why Their Stocks Aren’t Getting Crushed. — May 19th, 2025

Moody’s Ratings cut its credit ratings on JPMorgan Chase Bank of America and other banks on Monday, following a downgrade on the U.S. debt. The rating agency moved its rating one step lower to Aa2 from Aa1 on Bank of America, JPMorgan Chase, Wells Fargo and Bank of New York Mellon It cit...

Big Banks Explore Venturing Into Crypto World Together With Joint Stablecoin — May 23rd, 2025

The nation’s biggest banks are exploring whether to team up to issue a joint stablecoin, a step intended to fend off escalating competition from the cryptocurrency industry. The conversations have so far involved companies co-owned by JPMorgan Chase Bank of America, Citigroup Wells Fargo...

Wells Fargo & Company (WFC) is Attracting Investor Attention: Here is What You Should Know — May 14th, 2025

Wells Fargo (WFC) is one of the stocks most watched by Zacks.com visitors lately. So, it might be a good idea to review some of the factors that might affect the near-term performance of the stock. Over the past month, shares of this biggest U.S. mortgage lender have returned +17.7%, comp...

Wall Street Brings the Bitcoin-Versus-Gold Clash to ETF Masses — May 9th, 2025

(Bloomberg) — The culture clash between Bitcoin (BTC-USD) enthusiasts and gold (GC=F) bugs is about to be played out in the world of exchange-traded funds. Most Read from Bloomberg Is Trump’s Plan to Reopen the Notorious Alcatraz Prison Realistic? As Trump Reshapes Housing Policy, Re...

Wells Fargo and Operation HOPE Introduce Free Financial Coaching to Small Businesses — May 8th, 2025

Wells Fargo HOPE Inside for Small Business - three people walking past Wells Fargo branch (Credit: Wells Fargo) New HOPE Inside centers expand financial education program in Wells Fargo branches NEW YORK, May 08, 2025--(BUSINESS WIRE)--Wells Fargo in collaboration with Operation HOPE, a ...

Wells Fargo Launches $20 Million Open for Business Growth Program — May 14th, 2025

(Photo: Wells Fargo) Grants to local organizations aim to expand access to capital for entrepreneurs "in the middle" of small business ownership SAN FRANCISCO, May 14, 2025--(BUSINESS WIRE)--Wells Fargo & Company (WFC) today announced Open for Business Growth, a new $20 million philanthr...

Long-Bond Revolt Pressures 60/40 Comeback in Chaotic Market — May 26th, 2025

(Bloomberg) -- A slump in the US long bond is clouding the comeback of a classic investment strategy. Most Read from Bloomberg NY Private School Pleads for Donors to Stay Open After Declaring Bankruptcy UAE’s AI University Aims to Become Stanford of the Gulf NYC’s War on Trash Gets a...

Stocks Bounce as Bond Yields Sink on Fed-Cut Bets: Markets Wrap — May 15th, 2025

(Bloomberg) -- Wall Street traders sent bond yields lower as stocks bounced after tame inflation data combined with lackluster readings on retail sales and manufacturing bolstered the case for Federal Reserve rate cuts this year. Most Read from Bloomberg As Coastline Erodes, One Californ...

US poised to dial back bank rules imposed in wake of 2008 crisis — May 15th, 2025

US authorities are preparing to announce one of the biggest cuts in banks’ capital requirements for more than a decade, marking the latest PREMIUM Upgrade to read this Financial Times article and get so much more. A Silver or Gold subscription plan is required to access premium news a...

Dollar’s 2025 Loss Reaches 7% on Trump’s New Tariff Threats — May 23rd, 2025

(Bloomberg) -- The dollar slid Friday, extending this year’s losses to over 7%, after President Donald Trump threatened steep new tariffs of the European Union and revived investor concerns over global trade policy. Most Read from Bloomberg NY Private School Pleads for Donors to Stay O...

Moody’s Downgrades Top Banks as Retail Investors Rally with Record Stock Buying — May 21st, 2025

Moody’s Ratings has downgraded the deposit ratings of major U.S. banks, including Bank of America Corporation (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), and Wells Fargo & Company (NYSE:WFC), following the recent downgrade of the U.S. credit rating. Citing a reduced capacity of the gove...

Here's How to Approach Wells Fargo Stock Now as Fed Keeps Rates Steady — May 8th, 2025

The Federal Reserve opted to keep interest rates steady, following the conclusion of its two-day Federal Open Market Committee meeting yesterday, given the rising risks of inflation and unemployment because of heightened economic uncertainty on the back of Trump's tariff plan. The resultin...

Wells Fargo & Company Declares Cash Dividends on Preferred Stock — May 16th, 2025

Exterior of a Wells Fargo bank (Photo: Wells Fargo) SAN FRANCISCO, May 16, 2025--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced dividends on six series of preferred stock. A quarterly cash dividend of $18.75 per share was declared on its 7.50% noncumulative perpetual ...

Moody’s Downgrades Top Banks as Retail Investors Rally with Record Stock Buying — May 21st, 2025

Moody’s Ratings has downgraded the deposit ratings of major U.S. banks, including Bank of America Corporation (NYSE:BAC), JPMorgan Chase & Co. (NYSE:JPM), and Wells Fargo & Company (NYSE:WFC), following the recent downgrade of the U.S. credit rating. Citing a reduced capacity of the gove...

Why Is Goldman (GS) Up 18.9% Since Last Earnings Report? — May 14th, 2025

It has been about a month since the last earnings report for Goldman Sachs (GS). Shares have added about 18.9% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Goldman due for a pullback? Before we dive i...

US poised to dial back bank rules imposed in wake of 2008 crisis — May 15th, 2025

US authorities are preparing to announce one of the biggest cuts in banks’ capital requirements for more than a decade, marking the latest PREMIUM Upgrade to read this Financial Times article and get so much more. A Silver or Gold subscription plan is required to access premium news a...

These Advisors Offer the Best of Both Worlds: Independence With Big Bank Resources — May 9th, 2025

Longtime Wall Street financial advisors Paul Carlson and Thomas Fautrel formed a private firm eight years ago just to serve their own clients. It didn’t stay that way. Continue Reading View Comments...

US homebuilder sentiment slides to lowest level since 2023 — May 15th, 2025

(Bloomberg) — Confidence among US homebuilders slumped in May to the lowest level since late 2023, as tariffs made it harder to price homes and anxious consumers dragged their feet on purchases. Most Read from Bloomberg As Coastline Erodes, One California City Considers ‘Retreat Now�...

Dillard’s, Inc. (DDS) Sues Wells Fargo Over Co-Branded Card Relationship — May 23rd, 2025

Dillard’s, Inc. (NYSE:DDS) has filed a lawsuit against Wells Fargo & Company, alleging the bank repeatedly breached its now-terminated co-branded credit card partnership, resulting in tens of millions of dollars in losses for the department store chain. In a heavily redacted complaint su...

Jim Cramer on Wells Fargo & Company (WFC): ‘Selling At The Bottom?’ — May 7th, 2025

We recently published an article titled Jim Cramer Says AI Is Back & Discusses These 10 Stocks.In this article, we are going to take a look at where Wells Fargo & Company (NYSE:WFC) stands against the other stocks. In a recent appearance on CNBC's Squawk on the Street, Jim Cramer commente...

Wells Fargo and Other US Banks Get Ratings Cut by Moody’s. Why Their Stocks Aren’t Getting Crushed. — May 19th, 2025

Moody’s Ratings cut its credit ratings on JPMorgan Chase Bank of America and other banks on Monday, following a downgrade on the U.S. debt. The rating agency moved its rating one step lower to Aa2 from Aa1 on Bank of America, JPMorgan Chase, Wells Fargo and Bank of New York Mellon It cit...

Wells Fargo & Company (NYSE:WFC) is a favorite amongst institutional investors who own 78% — May 21st, 2025

Key Insights Institutions' substantial holdings in Wells Fargo implies that they have significant influence over the company's share price 50% of the business is held by the top 21 shareholders Using data from analyst forecasts alongside ownership research, one can better assess the futur...

Wells Fargo (NYSE:WFC) Plans Redemption Of US$25,000 Series U Preferred Stock — May 15th, 2025

Wells Fargo recently announced the redemption of its Series U Preferred Stock, which aligns with a month where its shares appreciated 21%. This announcement, combined with a sizable share buyback program and ongoing dividend disbursements, provided momentum for Wells Fargo during a broader...

Dillard’s, Inc. (DDS) Sues Wells Fargo Over Co-Branded Card Relationship — May 23rd, 2025

Dillard’s, Inc. (NYSE:DDS) has filed a lawsuit against Wells Fargo & Company, alleging the bank repeatedly breached its now-terminated co-branded credit card partnership, resulting in tens of millions of dollars in losses for the department store chain. In a heavily redacted complaint su...

Wells Fargo Hires $800 Million Advisor Team From UBS — May 5th, 2025

BEST PRACTICES Wells Fargo hired a former UBS advisor team that managed almost $800 million in client assets and generated $6.7 million in annual revenue, according to the company. The team joined Wells Fargo in Bellevue, Wash. Continue Reading View Comments...

Wells Fargo (WFC) Gains But Lags Market: What You Should Know — May 27th, 2025

The most recent trading session ended with Wells Fargo (WFC) standing at $73.99, reflecting a +1.59% shift from the previouse trading day's closing. This change lagged the S&P 500's 2.05% gain on the day. Elsewhere, the Dow saw an upswing of 1.78%, while the tech-heavy Nasdaq appreciated b...

Wells Fargo Vs PNC Financial: Which Stock Has More Upside in 2025? — May 21st, 2025

Wells Fargo WFC and PNC Financial PNC are major banking stocks offering broad financial services. Both have been the key competitors in the banking sector, and faced challenges and opportunities influenced by interest rate dynamics, loan growth trends and consumer spending. Of late, WFC a...

Wells Fargo Announces 2026 Earnings Release Date Information — May 5th, 2025

Exterior of a Wells Fargo bank. (Photo: Wells Fargo) SAN FRANCISCO, May 05, 2025--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) announced today its expected earnings release dates and conference call information for the first, second, third, and fourth quarters of 2026. Financial res...

Big Banks Explore Venturing Into Crypto World Together With Joint Stablecoin — May 23rd, 2025

The nation’s biggest banks are exploring whether to team up to issue a joint stablecoin, a step intended to fend off escalating competition from the cryptocurrency industry. The conversations have so far involved companies co-owned by JPMorgan Chase Bank of America, Citigroup Wells Fargo...

Wall Street Is Down on the Dollar as Trade Unease Lingers — May 16th, 2025

(Bloomberg) -- In a week that saw an epic rally in US stocks and recession calls cast aside, currency traders are just as bearish as ever on the American dollar. Most Read from Bloomberg As Coastline Erodes, One California City Considers ‘Retreat Now’ How a Highway Became San Francis...

Short Sellers Bet Against Private Credit Lenders — May 3rd, 2025

(Bloomberg) -- Hedge funds are betting that trade wars, a shrinking economy and rising strain among borrowers will begin to hit private credit in the US. So far, the gamble’s paying off. Most Read from Bloomberg NYC Lost $9 Billion of Income to Miami, Palm Beach in Five Years NJ Transi...

Wells Fargo & Company Announces Full Redemption of its Series U Preferred Stock and Related Depositary Shares — May 14th, 2025

Facade of a Wells Fargo bank branch in Manhattan (Photo: Wells Fargo) SAN FRANCISCO, May 14, 2025--(BUSINESS WIRE)--Wells Fargo & Company (NYSE: WFC) today announced that on June 15, 2025 (which, due to the occurrence of a non-business day, will shift to June 16, 2025), it will redeem all...

Wells Fargo's (NYSE:WFC) earnings growth rate lags the 25% CAGR delivered to shareholders — May 25th, 2025

The most you can lose on any stock (assuming you don't use leverage) is 100% of your money. But on the bright side, if you buy shares in a high quality company at the right price, you can gain well over 100%. Long term Wells Fargo & Company (NYSE:WFC) shareholders would be well aware of th...

‘Sell America’ Is Back as Moody’s Pushes 30-Year Yield to 5% — May 19th, 2025

(Bloomberg) -- Longer-dated Treasury yields rose to the psychological 5% level and S&P 500 Index futures slid with the dollar after a downgrade of the US’s credit score by Moody’s Ratings increased concerns over the nation’s debt. Most Read from Bloomberg How a Highway Became San F...

Mayo Sees JPMorgan Becoming $1 Trillion Bank Within Three Years — May 12th, 2025

(Bloomberg) -- JPMorgan Chase & Co. could become the first bank to reach a $1 trillion market capitalization within the next three years, according to Wells Fargo. Most Read from Bloomberg A New Central Park Amenity, Tailored to Its East Harlem Neighbors As Trump Reshapes Housing Policy,...

Investors Await Another Monday Jolt After Moody’s Downgrades US — May 18th, 2025

(Bloomberg) -- Investors face yet another bumpy start to the trading week, although it’s mounting concern over US debt rather than tariffs likely generating the volatility this time. Most Read from Bloomberg How a Highway Became San Francisco’s Newest Park Maryland’s Credit Rating ...

Lee Ainslie's Strategic Moves: A Deep Dive into Kenvue Inc's 3.59% Portfolio Impact — May 15th, 2025

Exploring the Latest 13F Filing and Investment Strategies Lee Ainslie (Trades, Portfolio) recently submitted the 13F filing for the first quarter of 2025, providing insights into his investment moves during this period. Lee Ainslie (Trades, Portfolio) is the founder and CEO of Dallas-base...

The $34.5 Billion-Dollar Deal That Started With a Love Letter — May 21st, 2025

(Bloomberg) -- One of the biggest deals of the year so far started around Valentine’s Day, with a love letter. Most Read from Bloomberg Can Frank Gehry’s ‘Grand LA’ Make Downtown Feel Like a Neighborhood? Chicago’s O’Hare Airport Seeks Up to $4.3 Billion of Muni Debt NJ Trans...

Why Is Citigroup (C) Up 21.2% Since Last Earnings Report? — May 15th, 2025

It has been about a month since the last earnings report for Citigroup (C). Shares have added about 21.2% in that time frame, outperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Citigroup due for a pullback? Before we dive into...

‘Sell America’ Is Back as Moody’s Pushes 30-Year Yield to 5% — May 19th, 2025

(Bloomberg) -- Longer-dated Treasury yields rose to the psychological 5% level and S&P 500 Index futures slid with the dollar after a downgrade of the US’s credit score by Moody’s Ratings increased concerns over the nation’s debt. Most Read from Bloomberg How a Highway Became San F...

Apple Shares Face More Pain as Trump’s Tariff Threat Looms — May 27th, 2025

(Bloomberg) — Apple Inc (AAPL). shares are coming off their longest selloff in more than three years, as escalating attacks from the White House threaten to further erode the company’s profit outlook, suggesting the stock’s struggles this year are far from over. Most Read from Bloom...

Trump’s ‘Manufacturing Renaissance’ Is Even Harder With Tariffs — May 9th, 2025

(Bloomberg) -- US President Donald Trump says his tariffs will spark a “manufacturing renaissance.” But the duties themselves are making that already monumental task even more challenging. Most Read from Bloomberg Is Trump’s Plan to Reopen the Notorious Alcatraz Prison Realistic? A...

U.S. Banks' Ratings Cut by Moody's on Rising Sovereign Debt Concerns — May 20th, 2025

Moody's has downgraded a few major banks' long-term credit and deposit ratings, after it lowered the U.S. sovereign credit ratings. Major banks, including JPMorgan JPM, Bank of America BAC, and Wells Fargo WFC, had their long-term deposit ratings downgraded by Moody’s from Aa1 to Aa2. T...

Long-Bond Revolt Pressures 60/40 Comeback in Chaotic Market — May 26th, 2025

(Bloomberg) -- A slump in the US long bond is clouding the comeback of a classic investment strategy. Most Read from Bloomberg NY Private School Pleads for Donors to Stay Open After Declaring Bankruptcy UAE’s AI University Aims to Become Stanford of the Gulf NYC’s War on Trash Gets a...

Bank of America Plans 150 New Locations Over Three Years — May 13th, 2025

(Bloomberg) -- Bank of America Corp. plans to open more than 150 new financial centers by the end of 2027 as the second-largest US bank pushes further into growing markets. Most Read from Bloomberg A New Central Park Amenity, Tailored to Its East Harlem Neighbors What’s Behind the Rise...