
- Wells Fargo introduced a $30 billion share buyback plan.
- Its inventory rose additional than 3% in prolonged investing.
Key Points Friday’s booming rally turned into Monday’s reality check as investors weighed just how aggressive the Federal Reserve will be on lowering interest rates. The implied probability for another cut in October was just 42%. That second cut is about fully priced in for December, but there’s just a 33% expectation for three total […]
Read MoreA flurry of stock sales were made in names such as Circle Internet Group and Zillow Group last week as company executives and other corporate insiders offloaded their shares. Insider selling is followed by traders who expect the activity could point to deeper troubles at a company, though the motivations can vary. VerityData tracks the […]
Read MoreCheck out the companies making the biggest moves midday: Vital Energy — The energy company surged 13% after announcing it will be acquired by Crescent energy for $3.1 billion . The deal is expected to close by year-end. MP Materials — Shares of the mining company jumped nearly 7%. While a catalyst wasn’t immediately clear, […]
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