Wells Fargo & Co
Stocks making the biggest moves midday: Pfizer, Nike, Conagra, Corteva, GEO Group, Tesla, Reddit and more
Check out the companies making the biggest moves midday: Drug stocks — Shares of drugmakers rallied a second day as investors bet the industry will strike more deals with the Trump administration. On Tuesday, Pfizer received a three-year exemption to tariffs in exchange for investing in domestic manufacturing and discounting drug prices for Medicaid patients. Pfizer […]
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Stocks making the biggest premarket moves: Lithium Americas, AES, Sunrun, Peloton, Nike and more
Check out the companies making headlines before the opening bell. Lithium Americas — Shares jumped 32% after the Department of Energy said Tuesday it plans to take a 5% equity stake in the lithium miner. AES — The renewable and thermal power producer climbed 11% after a Financial Times report that Blackrock-owned Global Infrastructure Partners […]
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New signs of a dealmaking comeback: What it means for Goldman Sachs investors
The rebound in Wall Street dealmaking is undeniable. And, for Goldman Sachs , that’s undeniably bullish. Investors got two new reasons to be optimistic about the Club stock this week: Goldman was tapped as a financial advisor in the massive deal to take video game publisher Electronic Arts private, and smaller investment bank Jefferies posted its […]
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Why an analyst downgrade of Wells Fargo does not change our conviction in the stock
Wells Fargo shares have more in the tank despite a downgrade from Wall Street analysts, according to Jim Cramer. The news Morgan Stanley analysts on Monday lowered their Wells Fargo rating to an equal weight hold from an overweight buy. They cited a lack of catalysts for the stock now that Wells Fargo’s $1.95 trillion […]
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Stocks making the biggest premarket moves: Electronic Arts, Novo Nordisk, Lam Research, Oracle & more
Check out the companies making headlines before the bell: Electronic Arts — Shares rose 5% shortly after a consortium of investors led by Jared Kushner announced it had struck a $55 billion deal to acquire the videogame maker and take it private, confirming earlier reports. Cannabis stocks — The group surged after President Donald Trump […]
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CNBC Daily Open: Nvidia is deploying its cash to cement its position
Nvidia CEO Jensen Huang attends a press conference by U.S. President Donald Trump and U.K. Prime Minister Keir Starmer at Chequers at the conclusion of a state visit on September 18, 2025 in Aylesbury, England. Leon Neal | Getty Images News | Getty Images A conundrum I’d never have to face: After finding sudden success, […]
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Trump snapped up more than $100 million in bonds while in office
United States President Donald Trump participates in a Multilateral Meeting with European Leaders in the East Room of the White House in Washington, DC, US. Picture date: Monday August 18, 2025. Aaron Schwartz – Pa Images | Pa Images | Getty Images U.S. President Donald Trump has been on a multimillion-dollar bond-buying spree since taking […]
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Wells Fargo names five stocks with more upside following their latest earnings
Wells Fargo highlighted five companies that have more room to appreciate following their latest earnings. The Wall Street investment bank says stocks like Sunrun are compelling. Other overweight-rated companies the bank is bullish on include: RealReal, Spotify , Williams Companies and Nextracker. Spotify Technology Analyst Steven Cahall says he’s standing by the streaming music stock […]
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New York AG James sues Zelle parent company for alleged fraud
Key Points New York Attorney General Letitia James sued the parent company of payment network Zelle for allegedly enabling fraud. James alleged that the company knew about ongoing fraud between 2017 and 2023 and did not take actionable steps to resolve it. The lawsuit follows a similar one by the Consumer Financial Protection Bureau that […]
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JPMorgan marks 1,000th branch opening since 2018 expansion plans
A new JPMorgan Chase branch in Charlotte, North Carolina. Courtesy: JPMorgan Chase JPMorgan Chase has built 1,000 new branches in seven years. That’s more locations than most of its competitors operate in total. The bank is marking the milestone opening in Charlotte, North Carolina, on Thursday where Chairman and CEO Jamie Dimon is attending a […]
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