Wells Fargo is a leading financial services company that provides a wide range of banking, investment, and mortgage products and services to individuals, businesses, and institutions. With a national presence, Wells Fargo operates through a network of branches and ATMs, offering services such as personal and commercial banking, wealth management, and asset management. The company is committed to supporting its customers' financial needs while also focusing on community engagement and sustainable practices. In addition to traditional banking services, Wells Fargo is involved in various financial markets and investment banking activities, helping clients navigate complex financial landscapes. Read More
Cambridge, United Kingdom and Boston, Massachusetts--(Newsfile Corp. - August 5, 2025) - CellCentric, a privately held biotechnology company developing inobrodib,...
Shares of online home goods retailer Wayfair (NYSE:W)
jumped 11.9% in the afternoon session after the company reported strong second-quarter financial results that surpassed analyst expectations for both sales and profit. The online home goods retailer announced revenues of $3.3 billion, a 5% increase from the prior year that beat the consensus estimate of $3.1 billion. The company also posted adjusted earnings of 87 cents per share, which significantly outpaced the 33 cents that analysts predicted. These results marked Wayfair's highest revenue growth and profitability since 2021, suggesting a potential recovery in the furniture market and a successful period for the company.
Shares of streaming TV platform Roku (NASDAQ: ROKU)
jumped 6.7% in the afternoon session after a wave of positive analyst ratings followed the company's strong second-quarter earnings report. The positive sentiment from Wall Street came after Roku reported impressive second-quarter results late last week. The streaming company posted revenue of $1.11 billion and a surprise profit of $0.07 per share, which beat consensus estimates that had called for a loss. In response to the strong performance and an upgraded forecast, several investment firms, including Wedbush and Wells Fargo, boosted their price targets on the stock.
The financials sector has been strong all year, and with interest rate cuts on the table later this year, investors looking for exposure can turn to this ETF.
Wells Fargo & Company (NYSE: WFC) today announced a collaboration with the National Center for the Middle Market (NCMM) at The Ohio State University Max M. Fisher College of Business. Wells Fargo’s Commercial Banking group will provide the NCMM with insights into the banking needs of middle market companies, helping guide research reports, including their flagship Middle Market Indicator. The collaboration will also support special research projects and work on Wells Fargo’s middle market-focused thought leadership.
KeyCorp (NYSE: KEY) has recently experienced a notable dip in its share price, reflecting a broader retreat across the banking sector. This downturn signals a period of heightened caution among investors, as the financial industry grapples with a confluence of factors ranging from evolving interest rate expectations to shifting market
SoFi Technologies (NASDAQ: SOFI) delivered a robust performance in its second quarter of 2025, reporting record revenues, continued profitability, and impressive user growth. The fintech giant's strong earnings initially sent its stock soaring, signaling investor confidence in its diversified financial services model. However, the enthusiasm was tempered by the announcement
A number of stocks fell in the morning session after a surprisingly weak July jobs report and the announcement of sweeping new tariffs fueled fears of an economic slowdown and an impending interest rate cut.
According to a Bloomberg News report, Trump already met JPMorgan Chase & Co. CEO Jamie Dimon last week at the White House, followed by talks with Goldman Sachs CEO David Solomon on Thursday.
Wells Fargo & Company (NYSE: WFC) today announced that the Board of Directors of Wells Fargo intends to appoint Charlie Scharf, Chief Executive Officer, Wells Fargo, as Chairman of the Board. When Mr. Scharf becomes Chairman, the Board intends to appoint a Lead Independent Director to support the Board’s continued independent oversight.
Bragar Eagel & Squire, P.C. Litigation Partner Brandon Walker Encourages Investors Who Suffered Losses In Wells Fargo (NYSE: WFC) To Contact Him Directly To Discuss Their Options
Shares of online payroll and human resource software provider Dayforce (NYSE:DAY)
fell 4.5% in the morning session after an analyst downgrade from Wells Fargo and multiple price target cuts from other firms fueled investor concerns. Wells Fargo lowered its rating on the stock to 'underweight' from 'equal weight' and slashed its price target to $50 from $60. The move reflected a broader pessimistic turn among analysts, as Mizuho, Piper Sandler, and Barclays also reduced their price targets. Compounding the bearish sentiment were recent instances of insider selling.
