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Wells Fargo's chief equity strategist sees a spending cliff forming inside the AI buildout, and the arithmetic he uses to locate it points to a very specific year when the math stops working for hyperscaler earnings.

Wells Fargo Bank is appointing Chief Operating Officer Scott Powell as its next chief risk officer. Powell will succeed Derek Flowers, who is retiring from the bank in January, it said Wednesday. The company said Powell’s successor as operating chief will be appointed “in the near future.”

Wells Fargo foreclosed on 100 Summer St., a 32-story tower owned by Rockpoint Group. The auction is scheduled Oct. 20 with Sullivan & Sullivan.

Meta's Muse AI raises risks for finance firms by making it easier for customers to compare rates, fees and products, and move deposits or assets.

Applied Digital’s latest valuation work has trimmed the Fair Value estimate from US$73.36 to US$68.35, which reduces the implied upside case within this model. Analysts linking this shift to the current debate around contracted capacity, funding risk, and how much of the AI data center cycle is already reflected in the stock see the new level as a reset of expectations rather than a simple price call. As you read on, you will see how to interpret this evolving narrative and what to watch next...

Wells Fargo began coverage of Applied Digital Corporation (NASDAQ:APLD) on September 17 with an Overweight rating and a $50 price target. Analyst Eric Luebchow named it a Top Idea. The shares rose after the note and have stayed above their pre-call level since. Wells Fargo’s call is built on leases already signed, not on demand […]

Wells Fargo (WFC) closed the most recent trading day at $83.15, moving 3.92% from the previous trading session.

Charles Schwab led a wide swath of brokerage, bank and other financial stocks lower on Tuesday as AI-fueled competition heats up. Schwab's partnership news with Anthropic last week was meant to address just this kind of disruption, but may have fallen short. Markets didn't react much on Sept. 1, when Altruist announced its new AI-powered all-in-one financial planning agent, encompassing retirement planning, investment optimization, cash flow analysis, estate planning, tax strategy, and insurance and risk.

Fed's latest rate hike could support WFC's NII expansion, but rising deposit costs and may limit the upside to some extent.

Down markets should be viewed as buying opportunities.

Bank of America is scaling AI across its workforce, targeting productivity gains, lower servicing costs and new infrastructure-driven revenue opportunities.

JPM's selective M&A approach is likely to add payments, data and technology capabilities while keeping organic growth at the center of its expansion strategy.

The sources said talks remain at an early point and that no decision has yet been made.

Low-volatility stocks may offer stability, but that often comes at the cost of slower growth and the upside potential of more dynamic companies.

AutoZone is in focus after analysts modestly trimmed their implied valuation ranges, with updated price targets now clustered around US$3,450 to US$3,637 compared with prior levels that pointed closer to US$3,867.91. These moves are tied to a more cautious tone on near term execution, especially around comparable sales and pressure on the do it yourself customer, even as some firms still outline a longer term case for the stock. Read on to see how these shifting targets fit into the broader...

Wells Fargo shares have climbed strongly over the past few years, which puts the focus on a simple question for anyone looking at the stock today: Is the current price still aligned with the returns the bank earns on the capital it deploys? Over the past 3 years the stock has returned 124.6%, which puts real weight on whether the business is generating enough return on its capital base to back up that kind of move. Recent commentary around net interest margin running ahead of earlier...

Shares of streaming video giant Netflix (NASDAQ: NFLX) fell 5% in the afternoon session after Wells Fargo analyst Steven Cahall downgraded the stock from Equal Weight to Underweight and lowered his price target to $57 from $80. According to TipRanks, Cahall cited user engagement trends and a weaker second-half 2026 original-content slate as primary reasons for the rating change. The firm's base case projected a 21% year-over-year decline in viewing hours from the platform's top 100 originals. Ad

Analyst sees deeper trouble beneath Netflix's engagement slowdown

Financial stocks fell in Friday afternoon trading with the NYSE Financial Index declining 0.7% and t

Steel Dynamics expects stronger third-quarter steel profitability, driven by record shipments and wider metal margins, while metals recycling earnings are projected to decline sequentially.

Netflix Stock Tumbles After Analyst Predicts More Pain Ahead

Fifth Third raises its quarterly dividend by 5% to 42 cents per share, extending its annual growth streak. Can capital returns gain pace?

A new survey shows most Americans pay bills immediately but many still struggle before the next paycheck.

Carnival’s fair value price target has been revised slightly from US$35.60 to US$34.83, reflecting modest tweaks in the latest long term model. This adjustment sits against mixed analyst commentary, with some focusing on steady cruise demand and cost control, while others point to risks around yields, fuel, and geopolitical exposure that can influence how comfortably this new target is met over time. As you read on, you will see how these moving pieces shape the evolving Carnival story and...

Wells Fargo (NYSE:WFC) has introduced ExpressSend Mobile, a dedicated remittance feature inside its consumer banking app. The new service supports real-time international transfers from U.S. accounts to recipients in 12 countries. ExpressSend Mobile makes Wells Fargo the only major U.S. bank offering an in-app, branded remittance channel of this type. The launch of ExpressSend Mobile, fully embedded in Wells Fargo's app, needs weighing against the rest of our latest findings. Take a look at...

Jefferies Financial (JEF) is poised to benefit from increased investment banking momentum in the thi

Y Combinator co-founder Paul Graham argued that token counts are becoming an inadequate way to measure AI inference as increasingly capable models can solve more complex problems with fewer tokens. Graham Calls for New AI Inference Metric On Tuesday, in...

The bank assigned Cipher a $25 target as investors weigh its contracted AI/HPC backlog against conditional interconnection prospects across 3.2 GW of Texas projects.

Wells Fargo’s initiation puts fresh focus on Applied Digital’s expanding multi-campus data center portfolio and contracted growth pipeline.

Dividends are one of the best benefits to being a shareholder, but finding a great dividend stock is no easy task. Does Wells Fargo (WFC) have what it takes? Let's find out.