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Wells Fargo & Co

How Wells Fargo stock reacted to 6 regulatory orders being lifted

by Adrian Jhonsan
How Wells Fargo stock reacted to 6 regulatory orders being lifted

Since taking over as CEO of Wells Fargo in 2019, Charlie Scharf has been cleaning up the bank. He’s cleared six consent orders tied to past misdeeds there that predated …

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Categories World

What we’re looking out for when Costco, Broadcom post earnings results

by Albert Wagner
What we’re looking out for when Costco, Broadcom post earnings results

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Thursday’s key moments. 1. U.S. stocks rose higher …

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Categories Trending Now

Morgan Stanley makes strong, mysterious move higher. What we think is behind it

by Adrian Jhonsan
Morgan Stanley makes strong, mysterious move higher. What we think is behind it

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. (We’re …

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Categories World

Palo Alto Networks stock turns in worst day since 2012 IPO

by Ev Richard
Palo Alto Networks stock turns in worst day since 2012 IPO

Nikesh Arora, CEO of Palo Alto Networks, speaks on CNBC’s “Squawk Box” at the WEF Annual Meeting in Davos, Switzerland, on Jan. 16, 2024. Adam Galici | CNBC Palo Alto …

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Categories Technology

The Fed’s rate hikes did little to slow our robust economy

by Adrian Jhonsan
The Fed’s rate hikes did little to slow our robust economy

Can’t stop won’t stop? OK, you will never confuse me for a rapper, but those are the four words that describe this economy right now. And as we walk into …

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Categories World

Companies make 2024 the year of cost cuts

by Adesola Mojo
Companies make 2024 the year of cost cuts

Mathisworks | Digitalvision Vectors | Getty Images Corporate America has a message for Wall Street: It’s serious about cutting costs this year. From toy and cosmetics makers to office software …

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Categories Automobile

Friday’s reach for another stock market record comes with a new, welcome wrinkle

by Adrian Jhonsan
Friday’s reach for another stock market record comes with a new, welcome wrinkle

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. We’re …

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Categories World

Why we’re eyeing a trade

by Adrian Jhonsan
Why we’re eyeing a trade

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Friday’s key moments. 1. U.S. stocks declined Friday …

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Categories World

JPMorgan Chase, Wells Fargo cut overdraft revenue to $2 billion in 2023

by Adrian Jhonsan
JPMorgan Chase, Wells Fargo cut overdraft revenue to  billion in 2023

Pedestrians pass a JPMorgan Chase bank branch in New York. Michael Nagle | Bloomberg | Getty Images The three biggest American retail banks collected 25% less overdraft revenue last year …

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Categories World

Wall Street touted 5 portfolio stocks this week. Here’s our call on each

by Adrian Jhonsan
Wall Street touted 5 portfolio stocks this week. Here’s our call on each

It was a fantastic week for stocks. The S & P 500 and the Dow Jones Industrial Average hit record highs as investors digested earnings and prepared for more. In …

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Categories World
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