WFC

The macro is in focus through month-end, but investors must not overlook company-level trends in the days ahead, including an active conference circuit. Read more here.

Applied Digital’s valuation has been lowered from $73.36 to $68.35, reflecting analysts’ concerns about contracted capacity, funding risk, and the AI data center cycle. The new fair value is seen as a reset of expectations rather than a simple price call.

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 closed its most recent trading day at $83.15, down 3.92% from the previous session.

Shares of major U.S. lenders fell as investors shifted away from the banking sector and into technology stocks, with Meta’s recent developments adding to AI fears.

A $5 million philanthropic investment from Wells Fargo and the Wells Fargo Foundation across five states is helping communities expand affordable housing and build the skilled workforce needed to sustain growth.By Sherrell McMillan, Corporate CommunicationsKey takeaways * Economic growth depends on access to affordable housing.

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.

The Nasdaq 100 hit an intraday record driven by AI enthusiasm, while financials slid nearly 2% and crude oil fell for a fifth straight session.