News & Events:WFC

Someone with a lot of money to spend has taken a bearish stance on Adobe. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know. So how do we know what this whale just did?

Someone with a lot of money to spend has taken a bearish stance on General Motors. And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga. Whether this is an institution or just a wealthy individual, we don't know. So how do we know what this whale just did?

A whale with a lot of money to spend has taken a noticeably bullish stance on Exxon Mobil. Looking at options history for Exxon Mobil we detected 25 strange trades. If we consider the specifics of each trade, it is accurate to state that 60% of the investors opened trades with bullish expectations and 40% with bearish.

A whale with a lot of money to spend has taken a noticeably bearish stance on Boeing. Looking at options history for Boeing we detected 39 strange trades. If we consider the specifics of each trade, it is accurate to state that 35% of the investors opened trades with bullish expectations and 64% with bearish.

Wells Fargo (WFC) is the first partner of both the Men and Women's National Teams in the United States NEW YORK, May 27, 2022 /PRNewswire/ -- The Federación Mexicana de Fútbol and Wells Fargo (WFC), a leading financial service partner and the Official Financial Services Sponsor of the Men and Women's Mexican National Teams in the United States, announced today a multi-year extension of their partnership.

Several NVIDIA Corporation reacted to the chipmaker's first-quarter report with lower price targets. The NVIDIA Analysts: BMO analyst Ambrish Srivastava has an Outperform rating and lowered the price target from $375 to $300. Wells Fargo analyst Aaron Rakers has an Overweight rating and $250 price target.

The U.S. housing market showed unmistakable signs of stalling this week.

Morgan Stanley (MS) chief executive officer James Gorman told shareholders during the bank's annual general meeting on Thursday that he does not plan to retire soon, and added that he puts the chances of a U.S. recession at less than 50%. The bank's shareholders also voted against a proposal to stop the bank lending to new fossil fuel projects.

Urban Outfitters, Inc. shares traded higher by 11.6% on Wednesday, despite the company reporting disappointing first-quarter earnings numbers. On Tuesday, Urban Outfitters reported first-quarter adjusted EPS of 33 cents on $1.05 billion in revenue.

Intuit Inc. reported its fiscal third-quarter revenues and earnings higher than Street expectations and raised its full-year guidance. Piper Sandler On Intuit: Analyst Arvind Ramnani maintained an Overweight rating on the company, while lowering the price target from $674 to $500.

As Tesla, Inc. stock tumbled to a 10-month low, bullish sell-side analysts who had rallied behind the company and saw it as one waiting to explode began to backtrack. Some of them still remain committed to their Buy ratings but have tempered their expectations concerning the electric vehicle stock's trajectory. The following are the recent downward Tesla price target adjustments from analysts.

Credit Suisse upgraded the previous rating for Molecular Partners AG from Underperform to Neutral. Mizuho upgraded the previous rating for Sabra Health Care REIT Inc from Neutral to Buy. According to JP Morgan, the prior rating for Magellan Midstream Partners LP was changed from Neutral to Overweight. Barclays upgraded the previous rating for Diamondback Energy Inc from Equal-Weight to Overweight.

Check out this: Home Depot And 2 Other Stocks Insiders Are Buying Don't forget to check out our premarket coverage here .

Wells Fargo & Company (WFC) said today that Chief Executive Officer Charlie Scharf will present at the 38th Annual Bernstein Strategic Decisions Conference on Wednesday, June 1, 2022 at 8:00 a.m. ET. This press release features multimedia. The live webcast will be available online at https://www.wellsfargo.com/about/investor-relations/events.

Advanced Micro Devices, Inc.'s high-performance computing and visualization products help gamers get the most from their favorite titles, and over the past five years, the most out of investors' portfolios.

Quarterly revenue and earnings per share from Zoom Video Communications came in better than anticipated from analysts. The Zoom Analysts: Bank of America analyst Michael Funk has a Neutral rating and lowered the price target from $200 to $162. Morgan Stanley analyst Meta Marshall has an Overweight rating and a $140 price target.

Wells Fargo analyst Jeff Cantwell's top five fintech companies were WEX Inc , FleetCor Technologies, Inc , Fidelity National Information Services, Inc , Fiserv, Inc  and Global Payments Inc . Fintech fundamentals remained strong in the first quarter of '22. Fuel-centric names WEX and FleetCor and 'new-tech' businesses Marqeta, Inc , Toast, Inc , and Flywire Corp  reported strong results in 1Q.

Chicago hasn't shied away from using its relationships with investment banks to pursuit of larger social goals, but it hasn't always gone the city's way.

Advance Auto Parts, Inc. reported fiscal first-quarter revenues and earnings of $3.37 billion and $3.57 per share, respectively, marginally missing Street expectations on both metrics. Wells Fargo On Advance Auto Parts: Analyst Zachary Fadem maintained an Equal Weight rating for the company, while reducing the price target from $230 to $200.

CNBC's "Fast Money: Halftime Report" delivers market-moving news to investors. The commentary delivered by hosts of the show often moves the stocks mentioned. Citigroup Inc - Shares climbed 0.27% higher after Market Rebellion's Pete Najarian said he bought call options in the company's stock.