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The Latest Breaking News from Wells Fargo

Election warning: Zelle CEO says elderly users face high risk of political donation scams

With reports of elderly victims of political scammers on the rise, the payment giant that transacted $481 billion in the first half of 2024 says families need to get involved.

Fortune

Amazon Q3 Earnings Preview: Will AMZN Rise to Record Highs, or Repeat Its Q2 ‘Horror Show’?

Amazon is set to report its Q3 earnings tomorrow after the close of markets. The stock crashed after its Q2 release, and hasn't been able to break above its July highs. It has however crept toward its record highs, and upbeat Q3 earnings could help AMZN rise further.

Barchart

JPMorgan banking strategy is challenging predatory lenders on their home turf: banking deserts

JPMorgan says its new banking model is now profitable, which could spell trouble for competitors looking to serve the unbanked.

Fortune

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Mystery Death Of Arizona Wells Fargo Worker Whose Body Was Found At Desk After 4 Days Finally Solved

Many employees were devastated after learning her body was not found for so long

International Business Times

Mystery Death of Arizona Wells Fargo Worker Whose Body was Found at Desk after 4 Days Finally Solved

Many employees were devastated after learning her body was not found for so long

Latin Times

Tesla Stock Breaks Out Above Buy Point After Erasing October Loss In One Day

Tesla stock booked its best one-day gain since 2013 Thursday.

Investors Business Daily

The Climate Crisis Is Driving Bankers to Quit Their Jobs in Disillusionment

Wells Fargo and others pledged to achieve net-zero and invest in sustainable financing. Instead, they kept funding fossil fuels.

Capital & Main

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Recent hurricanes are obscuring the U.S. economy’s underlying trend

Goldman Sachs said property damage from hurricanes Helene and Milton could cost a combined $90 billion.

Fortune

Stock Market Today: Stocks Pause but Nvidia Hits New All-Time Highs

The major equity indexes were mostly mixed on Monday, but Nvidia hit yet another new all-time high.

Kiplinger

Amazon Sets Third Quarter Earnings Date. Why Its Starlink Competitor Will Be In Focus.

Amazon stock analysts have been debating what Amazon's Project Kuiper satellite internet ambitions will mean for its profitability push.

Investors Business Daily

Buy This High-Yield Dividend Stock for 19% Payout Growth Until 2026

Citigroup stock has a dividend yield of 3.4%, and Goldman Sachs expects its dividend payout to rise at a CAGR of 19% between 2024 and 2026. Is the stock a buy for its fat dividend?

Barchart

Why One Analyst Just Downgraded Amazon Stock Ahead of Earnings

Wells Fargo has low expectations for AMZN ahead of its Q3 report next week.

Barchart

Stock Market Today: Stocks Hit Fresh Highs on Bank Earnings, Econ News

Strong corporate profits and benign economic data once again sent equities to record levels.

Kiplinger

Uber and Lyft are the big winners from Tesla’s underwhelming Cybercab reveal

The lack of details from Elon Musk’s Thursday presentation has assuaged any fears of Tesla dominating the rideshare market anytime soon.

Fortune

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Investors Business Daily

Stock Market Rallies As S&P 500, Dow Hit Highs; Tesla Robotaxi Isn't Hailed, Delta, JPMorgan In Focus: Weekly Review

The stock market had a key week, as the S&P 500 and Dow hit record highs. The Tesla robotaxi failed to wow, but many leaders broke out.

International Business Times

JPMorgan Chase Profits Top Estimates, Bank Sees 'Resilient' US Economy

JPMorgan Chase reported a dip in profits on higher costs Friday while still topping expectations as executives described US consumers as healthy and the economy as poised to avoid recession.

Fortune

Tesla stock plunges after Elon Musk robotaxi event disappoints

Rather than riding the stock’s recent momentum, the robotaxi unveiling proved to be the “sell the news” event some analysts predicted.

Investors Business Daily

Dow Jones, S&P 500 Finish With Record Highs; Broadcom Retreats, Tesla Tops Losers List (Live Coverage)

The Dow Jones gained 400 points Friday afternoon. Broadcom retreated from a buy zone.

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news in one place.

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Investors Business Daily

Dow Jones Rises After Inflation Data; Tesla Plunges On Robotaxi Event

Stock Market Today: The Dow Jones rose Friday after key inflation data. Tesla stock plunged after its Robotaxi event.

Fortune

Boeing could get some air under its wings with a $15 billion equity offering

Boeing appears to be bleeding cash. An equity offering may be the Band-Aid to fix it.

Investors Business Daily

JPMorgan, Wells Fargo, BlackRock, BNY Score Strong Earnings Beats

JPMorgan Chase, Wells Fargo, Bank of New York Mellon and BlackRock led bank results Friday. Analysts expected a soft quarter for earnings.

Investors Business Daily

Dow Rallies 431 Points In Late Trading Surge; Nvidia Dips As Tesla's Big Event Looms (Live Coverage)

The Dow Jones index rose on the stock market today. Nvidia wavered after a five-day winning streak even though partner Taiwan Semiconductor posted strong sales.

Investors Business Daily

Wall Street Is Mixed On Microsoft Ahead Of Earnings

Wall Street analysts Tuesday clashed on Microsoft’s prospects ahead of the software giant’s September-quarter earnings report.

Fortune

Hurricane Milton could cause billions of dollars in losses, Wells Fargo estimates

Insured losses could be anywhere between $10 billion and $100 billion, according to the bank, but its base-case scenario is $20 billion.

Fortune

Wells Fargo’s new government banking boss seeks to expand portfolio of 3,000 clients

The money center bank now has a new head of government banking.

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