Wells Fargo

U.S. stocks could open on a weak note on Thursday after the averages closed at a record high on Wednesday. Futures of all three major indices were marginally down on Thursday, pointing to cautious sentiment on Wall Street. The tentativeness in U.S. futures comes after Federal Reserve chair Jerome...

U.S. stocks could open on a positive note on Wednesday after the averages maintained a cautious stance on Tuesday. Futures of all three major indices were up on Wednesday, pointing to an optimistic sentiment on Wall Street. This is a day after the S&P 500 closed at another record high, with AI...

American beer drinkers could see some of their favorite beverages cost more in the coming years if President-elect Donald Trump's plan to place a 25% tariff on Mexican imports goes through. What Happened: Trump has promised to put tariffs on countries like China, Mexico and Canada when he is...

U.S. stocks could get off to a positive start on Monday amid upbeat investor sentiment spurred the Dow Jones to close at a new record high on Friday. Donald Trump's Treasury Secretary pick, Scott Bessent, has been cheered by investors. The hedge fund manager told the Wall Street Journal in an...

Dell Technologies Inc. (NYSE:DELL) has captured investor attention with a Golden Cross — a bullish technical signal where its 50-day moving average ($124.16) climbs above the 200-day moving average ($121.11). Chart created using Benzinga Pro This move underscores Dell stock’s growing...

U.S. stocks could get off to a tentative start on Monday after investors switched to a risk-on mode last week as the post-election rally lost some of its steam. Economic data and Federal Reserve chair Jerome Powell's comments about the future of rate cuts put the sentiment on a dampener. Powell...

U.S. stocks could open on a negative note on Wednesday after the averages scaled record highs last week. Futures of all three major indices were slightly down as investors await the crucial Consumer Price Index (CPI) print scheduled to be released on Wednesday. Nasdaq, S&P 500, and Dow Jones...

Investors on Wall Street seem upbeat as the index futures point to a positive start on Wednesday despite ending the previous session on a mixed note. Search and advertising giant Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) kicked off the highly anticipated tech earnings week on a strong note. The...

In a surprising twist, Amazon.com Inc (NASDAQ:AMZN) stock has been downgraded by Wells Fargo & Co (NYSE:WFC) from overweight to equal weight, raising eyebrows in the investment community. Wells Fargo analyst Ken Gawrelski expressed concerns over the retail giant’s growth trajectory,...

Diamondback Energy Inc (NASDAQ:FANG) shares climbed nearly 3% on Tuesday. Here’s a look at what’s going on. What To Know: Diamondback Energy shares traded higher Tuesday as energy stocks jumped amid rising Middle East tensions. Iran launched an attack on Israel following the recent...

Boeing Co (NYSE:BA) may need to delay its annual free cash flow target of $10 billion by two years to 2027-’28 and come up with $30 billion before it can start designing a new aircraft, said Wells Fargo, which lowered its outlook on the company’s shares. Lead analyst Matthew Akers...

Electric vehicle leader Tesla Inc (NASDAQ:TSLA) is expected to report second-quarter deliveries this week, with estimates seeing a decline on a year-over-year basis from the prior fiscal year. Analysts and Tesla experts are sharing their estimates ahead of the highly anticipated report. Benzinga...

Hershey Co (NYSE:HSY) on Friday reported better-than-expected earnings for its first quarter. The stock is "as tempting as a chocolate bar," but some risks remain, according to Wells Fargo. The Hershey Analyst: Chris Carey maintained an Equal Weight rating on Hershey, while raising the price target...

In a recent turn of events, shares of Tesla Inc. (NASDAQ:TSLA) have taken a nosedive, while six S&P 500 stocks have seen a surge. What Happened: When Tesla’s shares dip, six S&P 500 stocks tend to rise, CNBC Pro reported on Monday. These include Linde (NASDAQ:LIN), FMC (NYSE:FMC),...

Electric vehicle leader Tesla Inc (NASDAQ:TSLA) has been one of the leading producers of EVs over the last five years. After a strong recovery for its stock in 2023, Tesla shares have turned into one of the worst performers over the last three months. What Happened: The S&P 500 Index has been...