Wells

On Tuesday, digital asset exchange Crypto.com became the latest target of the U.S. Securities and Exchange Commission (SEC), which has increasingly used a regulation-by-enforcement strategy over the past year. This latest action…

Investing.com - Wells Fargo analysts suggest that now is a good time for investors to consider selling given the recent rally in the utilities sector. This sector was among the best performing sectors since the beginning of the year until…

Investing.com - It may be time for investors to make key decisions about their alternative cash allocations and fixed income positions as the Federal Reserve begins a policy easing drive, according to analysts at Wells Fargo. In a note to…

Wells Fargo strategists believe investors should brace for more market volatility as the selling season approaches, which will be exacerbated by the upcoming election cycle. Historically, the period from late summer to early fall has been…

Gamestop Corp. CEO Ryan Cohen is set to pay a nearly $1 million fine for allegedly violating antitrust law by acquiring shares in Wells Fargo & Co. Cohen failed to file a form he was required to submit to antitrust agencies under the…

Ian Ross Pettigrew/Getty, Tyler Lee/PAThe S&P 500 is unlikely to hit new highs anytime soon, according to Wells Fargo.Strategists said a combination of headwinds could prevent further gains.The bank pointed to concerns surrounding a…

Recent months have seen a strong rally in real estate investment trusts (REITs). From July 1 to August 16, 2024, the S&P 500 Real Estate Index rose 9.9%, outpacing the 1.4% gain in the Standard & Poor’s. Market expectations of a…

Many pro-crypto voices have voiced opposition to Wells’ notice to NFT marketplace OpenSea on August 28, as the SEC’s sweeping crackdown has progressed unchecked. OpenSea was then named to the SEC’s chopping block just a week after…

On Wednesday, OpenSea, the largest marketplace for non-fungible tokens (NFTs), received a Wells notice from the U.S. Securities and Exchange Commission (SEC), indicating the regulator’s intent to take potential legal action,…

Wells Fargo analysts believe the U.S. stock market is likely to remain rangebound until the November election. The bank said the pound, which recently fell 9.7% from its July peak to its August low, was now stuck between key support and…