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
The U.S. stock market has delivered surprisingly strong returns in 2025, but history and Wall Street say the index will trade sideways in the remaining months of the year.
Shares of residential solar energy company Sunrun (NASDAQ:RUN) jumped 10.2% in the afternoon session after the stock rebounded following several positive analyst actions and favorable sector-wide news. RBC Capital upgraded the stock to "Outperform" from "Sector Perform," and Wells Fargo raised its price target, with both citing increased clarity on long-term opportunities following recent U.S. Treasury guidance. GLJ Research also upgraded its rating on the company. This guidance appears to be a key factor, with analysts noting it's favorable for the residential solar sector. Adding to the positive sentiment for renewable energy, India announced it was more than halving its goods and services tax on related equipment, including solar panels, from 12% to 5%, shoring up the industry.
Shares of scientific instruments company Waters Corporation (NYSE:WAT)
jumped 1.9% in the morning session after the company provided an optimistic business update at the Wells Fargo 20th Annual Healthcare Conference.
Shares of medical device company ICU Medical (NASDAQ:ICUI)
jumped 1.5% in the morning session after the company presented at the Wells Fargo 20th Annual Healthcare Conference, highlighting its strategic growth initiatives and robust performance.
Megacap stocks are behemoths that set the tone for their industries, and their massive scale typically leads to wide moats.
However, the downside is that most have already exploited their existing market opportunities and must invest heavily to expand further, a risky proposition.
Shares of health insurance provider Elevance Health (NYSE:EVH)
fell 3.5% in the afternoon session after the company's CFO flagged potentially elevated medical costs and weakening margins at an investor conference.
Shares of medical device company DexCom (NASDAQ:DXCM)
jumped 3.3% in the afternoon session after company executives provided an optimistic outlook at the Wells Fargo Healthcare Conference on Wednesday.
Elizabeth Warren (D-Mass.), Bernie Sanders (I-Vt.), and Richard Blumenthal (D-Conn.), have written to major banks, seeking clarification on the potential impact of the Trump administration's rollback of a financial regulation.
Shares of semiconductor testing company FormFactor (NASDAQ:FORM) fell 3.6% in the afternoon session after Wells Fargo reiterated its 'Hold' rating on the stock, citing concerns over the company's ability to improve its profit margins.
Wells Fargo & Company (NYSE: WFC) said today that Chief Financial Officer Mike Santomassimo will present at the Barclays Global Financial Services Conference on Tuesday, September 9, 2025 at 8:15 a.m. ET.
If you're keeping $10,000 in a Wells Fargo savings account, you're missing out on hundreds of dollars in interest a year. Learn how you can earn more now.
A significant sector rotation is currently underway in equity markets, shifting investor capital away from the mega-cap technology stocks that dominated recent years towards more traditional value and cyclical segments. This trend, gaining significant momentum in 2025, sees sectors such as financial services, basic materials, healthcare, energy, and industrials outperforming,
The financial world is abuzz with the strong likelihood of impending interest rate cuts by the Federal Reserve, a significant pivot in monetary policy that has sent ripples across global markets. Following Federal Reserve Chair Jerome Powell's recent address at the annual Jackson Hole Economic Symposium, Wall Street has largely
MI Payments introduces merchant system audits with cost breakdowns, POS reviews, and 24/7 tech support training programs designed to eliminate hidden fees and reduce costly service call-outs for business owners.
The brokerage noted that as developers reconsider panel choices due to retroactive tariffs, they may pivot to non-impacted imports or First Solar modules.
NEW YORK, N.Y., Aug. 28, 2025 (SEND2PRESS NEWSWIRE) -- Wells Fargo, the financial services leader dedicated to serving customers and their communities, and HANG Media, the award-winning fan engagement agency, are teaming up this fall to deliver a series of free virtual watch parties celebrating football and music. - News from HANG Media, issued by Send2Press Newswire
The Federal Reserve finds itself at a critical juncture, navigating a treacherous path between aggressive market demands for interest rate cuts and the persistent realities of an economy that defies easy categorization. While financial markets have been consistently pricing in a series of rate reductions, the central bank is grappling
