News

Here's a butterfly spread, a neutral, income-oriented options play designed for minimal price movement on Wells Fargo stock.

Bank of America has predicted that the Federal Reserve will be forced to raise interest rates by 75 basis points this year, with the first 25-basis-point hike in September. They also see additional 25-basis-point hikes in October and December. The energy shock from the war with Iran drove inflation higher, with the CPI rising in ... Bank of America Sees Interest Rates Exploding Higher Soon: Play It Safe With 4 Dividend Giants

Investors were preparing for a far more cautious Wall Street, with sticky inflation figures and a Fed that refused to give markets the rate-cut signal they wanted. Wells Fargo just switched up that setup. The bank just revamped its S&P 500 view for the rest of 2026, TheFly noted, citing ...

Stocks are already up more than 10% this year. Most strategists would call that a good run and leave it alone. Wells Fargo looked at the same market and decided it wasn't done yet. The bank raised its year-end 2026 target for the S&P 500 to 7,950, up from 7,300, implying roughly 5.2% more ...

(Bloomberg) -- Juicy tomatoes are a summer staple often slipped into burgers or sliced atop a salad. But weather disruptions in two major growing regions have driven up prices for the vegetable, and consumers shouldn’t expect much relief for their wallets in the months ahead.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineStocks Climb a

Persistent inflation could be sticking around for the summer. With Fourth of July Weekend just three weeks away, Wells Fargo Agri-Food Institute Group head Robin Wenzel outlines how food prices could impact Americans' summer cookout and backyard barbecue plans.

By Manya Saini and Nupur Anand June 9 (Reuters) - U.S. banking giant Wells Fargo's net interest income will see a "step up" in the current quarter, Chief Financial Officer Mike Santomassimo said at an

The Federal Reserve’s asset cap on Wells Fargo came off in 2025. JPMorgan’s board waved through a $50 billion repurchase authorization. Bank of America returned $9.30 billion to shareholders in a single quarter. The post-stress-test capital return cycle is already running, and the cash is being shoveled out the door faster than most retail investors ... Banks Are Paying Again: 5 Financial Dividend Stocks After the Stress Tests

Check out our earnings calendar for this week, as well as our previews and recaps of the more noteworthy reports.

The new network could help banks contend with a wave of new competition from stablecoins and crypto firms.

Agilent Technologies stock surges as Wall Street approves of the company’s second-quarter earnings and guidance update.

(Bloomberg) -- An abundance of cash in US funding markets appears to be driven by deeper structural shifts that are unlocking billions of dollars in balance-sheet capacity at the biggest banks, Wall Street strategists say. Most Read from BloombergSingapore Hands Byju's Founder His First Ever Jail TermIran’s Khamenei Says No Going Back for Middle East Rocked by WarTwo More Oil Supertankers Exit Hormuz to Help Push Up FlowsEx-President Biden Sues to Stop DOJ Sharing Interview TapesSony Takes Final

May 27 (Reuters) - Wells Fargo expects investment banking and trading revenue to rise by mid-teen percentage points in the second quarter, Chief Executive Charlie Scharf said on Wednesday.

A new mortgage assistance program from Wells Fargo & Co. could help low- and moderate-income homebuyers.

Dell Technologies stock rises, leading the S&P 500. Analysts believe Dell will beat fiscal first-quarter earnings next week, but a strong performance from its AI business is needed.

(Bloomberg) -- AvalonBay Communities Inc. and Equity Residential agreed to merge in an all-stock transaction that will unite two of the biggest apartment real estate investment trusts with a combined market value of more than $50 billion.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Goldman CEO Slides Into Musk’s DMs During Bid to Lea

The Federal Reserve and banking regulations can have big impacts on profitability for these banking giants.

The smart money read on Wells Fargo (NYSE: WFC) following the $110 million lending and hiring discrimination settlement approved by a federal judge is clearly constructive. Sell-side analysts carry a buy-skewed consensus and a 12-month price target well above where shares trade today, while insiders have been net buyers into the settlement window. The Hard ... Wall Street’s Verdict on Wells Fargo After the $110 Million Discrimination Settlement

(Updates with the offering's underwriters in the sixth paragraph) Space Exploration Technologies

Google held its annual developer conference last week and unveiled Gemini 3.5 Pro, new AI search integrations, and a product lineup that BofA called evidence of "accelerating velocity of AI innovation." The stock barely moved. That is the strange position Google finds itself in heading into the ...

(Bloomberg) -- Lowe’s Cos. reported sales growth in the first quarter that just missed estimates, yet kept its full-year outlook unchanged in the face of higher transportation costs, in part due to productivity boosts from artificial intelligence.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Sell

The Virtus InfraCap U.S. Preferred Stock ETF (NYSEARCA:PFFA) sits at $21.62 heading into the back half of 2026, paying a 9.5% yield that has drawn income investors looking for something between bond coupons and common stock dividends. PFFA raised its monthly payout to $0.1725 per share for 2026, up from $0.17 in 2025, extending a ... The Fed’s 2026 Cutting Path Will Make or Break PFFA’s 9.5% Yield

(Bloomberg) -- US homebuilder sentiment rebounded in May but remained low overall as affordability concerns continued to weigh on the outlook during the spring selling season.Most Read from BloombergStocks Fall, Oil Rises on Doubts Over US-Iran Deal: Markets WrapUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpBillionaire Rinehart Bets $100 Million on US Defense StocksWinners and Losers From Trump and Xi’s Beijing Summit TalksIranian Media Said US Offered Interim Waiver on Oil Sanct

(Bloomberg) -- US homebuilder sentiment rebounded in May but remained low overall as affordability concerns continued to weigh on the outlook during the spring selling season.Most Read from BloombergUS and Iran Far From Deal as Bond Rout Piles Pressure on TrumpBillionaire Rinehart Bets $100 Million on US Defense StocksStocks Halt Slide as Oil Declines on US-Iran Hopes: Markets WrapWinners and Losers From Trump and Xi's Beijing Summit TalksUS, Iran Stall on Hormuz Reopening as Oil Supplies Tighte

Wells Fargo made a significant call on interest rates six weeks ago. On May 13, its economists made a different one. And the reasoning behind the reversal says something important about how this bank reads the current inflation environment. The disagreement between Wells Fargo and two other major ...

NVIDIA Gets Fresh Wall Street Boost: 18% Upside Call Sparks AI Valuation Frenzy

Aaron Rakers has covered Nvidia for years. He ranks in the top 1% of Wall Street analysts by performance. And when he builds a new model from scratch to justify a price target, the reasoning behind it is worth understanding. He just did exactly that. And the number he landed on is not what most ...

NVIDIA (NASDAQ:NVDA) stock just earned a fresh endorsement from Wells Fargo, which raised its price target to $315 from $265 and reiterated its Overweight rating on NVIDIA. The price target raise lands just eight days before NVIDIA’s quarterly report on May 20, with the firm arguing the stock still trades at less than 20 times ... Wells Fargo Hikes NVIDIA Price Target to $315 Ahead of Earnings: Is the AI King Still Cheap at 20x P/E?

(Bloomberg) -- JPMorgan Chase & Co. spent hundreds of millions of dollars over the course of more than a decade developing systems using blockchain, a novel technology that was supposed to radically upend financial markets, but has yet to become a game-changer.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyIran Says It’s Deployed Mini Subs in Contest to Control HormuzEpstein's Black Card: How He

(Bloomberg) -- Verizon Communications Inc. is selling $4 billion of hybrid bonds in the US dollar investment-grade debt market for the first time after issuing the equivalent of $8 billion of them in other currencies over the last six months.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jew