Fargo
Investing.com — Wells Fargo (NYSE:) hosted a visit at Tesla (NASDAQ:)’s GigaTexas factory on Thursday, but the tour was canceled due to an unexpected utility issue at the facility. Despite the change in plans, the firm had the opportunity to test drive the Cybertruck and discuss the company’s recent developments…
By Douglas Gillison (Reuters) – Over the past decade, Wells Fargo (NYSE:) has tripled donations to groups focused on influencing state elections as the retail banking giant tries to sway local level policymaking, according to public data and a bank spokesperson. While the billions of dollars Wall Street and tech…
Investing.com – The US presidential election is drawing closer, and Wells Fargo has taken a look at the Industrials sector, identifying the potential relative winners and stocks that are at relative risk. Across the Industrials sector, the key election points center around tax policy, trade/tariffs and regulation, according to the…
Investing.com — Wells Fargo strategists believe that Chinese equities may be “running ahead of reality” following a sharp rally in the country’s stock market. From September 9, 2024, to October 7, 2024, the Index surged nearly 40%, driven by various economic and policy announcements. These moves have sparked investor optimism…
Investing.com — Wells Fargo analysts suggest that now is a good time for investors to consider selling into the recent rally in the utilities sector. The sector has been one of the top performers year-to-date through September 24, sharing the spotlight with high-growth sectors like information technology and communication services. …
Investing.com — Current market conditions present a compelling opportunity for a near-term small-cap trade, Wells Fargo analysts said Monday. According to the investment bank, a combination of a close U.S. presidential race and favorable economic catalysts makes small-cap stocks particularly attractive in the short term. Wells Fargo points to a…
Investing.com — The time may have come for investors to make key decisions about their cash alternative allocations and fixed income positions as the Federal Reserve embarks on a campaign of policy easing, according to analysts at Wells Fargo. In a note to clients, the analysts said carrying cash has…
Investing.com — Oil prices are expected to remain subdued through 2025 due to the elevated risk of global oversupply, as per analysts at Wells Fargo in a note dated Tuesday. A combination of slowing demand from key economies, especially China, and the persistent growth of U.S. shale production are contributing…
Investing.com — Wells Fargo strategists believe that investors should prepare for more market volatility as the selling season approaches, amplified by the upcoming election cycle. Historically, the late summer to early fall period has been marked by significant declines in the stock market. Over the past seven years, the has…
Recent months have seen a strong rebound in Real Estate Investment Trusts (REITs). From July 1 to August 16, 2024, the S&P 500 Real Estate Index rose by 9.9%, outperforming the ‘s 1.4% gain. Market expectations of a change in Federal Reserve (Fed) interest-rate policy have largely driven this rally.…