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Category Wells Fargo

Tesla Q3 earnings miss forecasts as Musk clashes with critics over $1T payout

Tesla Q3 earnings miss forecasts as Musk clashes with critics over $1T payout

Elon Musk spent most of his time at Tesla’s third-quarter earnings call arguing for his controversial $1 trillion pay package while snapping at sha...
Wells Fargo shares in red as Morgan Stanley downgrade citing limited upside

Wells Fargo shares in red as Morgan Stanley downgrade citing limited upside

Wells Fargo shares edged lower in premarket trading Monday after Morgan Stanley analyst Betsy Graseck downgraded the bank to equal weight from over...
U.S. banks slash prime rate to 7.25% following Fed meeting

U.S. banks slash prime rate to 7.25% following Fed meeting

Major U.S.banks cut the prime rate from 7.50% to 7.25% after the Fed's 25bps rate cut. The Fed moved due to rising jobless claims and weak hiring.
Vimeo agrees to be acquired by Bending Spoons in a $1.38B all-cash deal

Vimeo agrees to be acquired by Bending Spoons in a $1.38B all-cash deal

Vimeo agrees to be acquired by Bending Spoons in a $1.38B all-cash deal.
Precious metals poised to outperform stocks, says Wells Fargo’s Samana

Precious metals poised to outperform stocks, says Wells Fargo’s Samana

Wells Fargo Investment Institute’s Sameer Samana, head of Global Equities and Real Assets, predicts a booming market for risk assets as the Fed res...