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
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Analysts highlighted momentum in oncology and MedTech, with Wells Fargo calling the second-half growth acceleration “achievable” and Morgan Stanley noting visibility risks from drug pricing and tariff policy.
Wells Fargo cut its 2025 net interest income forecast after a Q2 miss on margin, despite posting better-than-expected earnings and revenue for the quarter.
Rigetti Computing’s 36-qubit system hit 99.5% accuracy, doubling the prior performance and moving the company closer to its goal of developing a 100+ qubit system by 2025.
Wells Fargo Commercial Banking has aggressively expanded its team of healthcare industry bankers by more than 30% since the start of 2025, with more hires expected in the second half of the year. The team’s expansion is being fueled by continued growth in the U.S. healthcare sector, coupled with client demand for specialized coverage.
Shares of financial services giant Wells Fargo (NYSE:WFC) fell 6.1% in the afternoon session after the bank cut its full-year guidance for net interest income. Despite beating Wall Street's second-quarter profit and revenue estimates, the bank's revised forecast is weighing on investor sentiment., Wells Fargo now expects its 2025 net interest income (NII) — the difference between what it earns on loans and pays for deposits — to be roughly flat compared to 2024's $47.7 billion. This, is a notable reduction from its previous guidance, which anticipated growth at the low end of a 1% to 3% range. The bank attributed the lowered NII outlook primarily to its Markets business. While second-quarter earnings per share of $1.60 and revenue of $20.82 billion both topped analyst expectations, the disappointing guidance for this key profitability metric overshadowed the otherwise solid results.
Curious about the top performers within the S&P500 index one hour before the close of the markets on Tuesday? Dive into the list of today's session's top gainers and losers for a comprehensive overview.
The Nasdaq 100 surged to fresh record highs on Tuesday, breaking above the 23,000 mark as Nvidia Corp. (NASDAQ:NVDA) and other chipmakers powered a sharp rally.
Join us in exploring the top gainers and losers within the S&P500 index in the middle of the day on Tuesday as we examine the latest happenings in today's session.
Big banks crushed Q2 earnings estimates, but stocks slipped as investors focused on weaker guidance. Citigroup hit record highs, while Wells Fargo and BlackRock tumbled.Chiedi a ChatGPT
