Wells Fargo (WFC) long dated June 2025 calls spreaders active into quarter results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- S&P, Nasdaq end lower on semiconductor selloff as AI spending concerns mount
- Chip stocks plunge, but bargain-hunters stem losses in other tech names
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- South Korea leveraged ETF crisis sparks global chip selloff
- Trump announces nuclear deal with Iran, lifts Hormuz blockade
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
- Needham Starts NeoVolta (NEOV) at Buy
Wells Fargo (WFC) stock falls as Q2 net interest income decreases due to higher rates
July 12, 2024 7:31 AM EDTWells Fargo (NYSE: WFC) reported a second-quarter earnings beat, with an adjusted EPS of $1.33, surpassing the analyst consensus of $1.28. Despite the positive earnings surprise, the bank's stock experienced a notable decline, falling 5.57% following the announcement.
CEO Charlie Scharf highlighted the bank's transformation efforts, which were evident in the growth of fee-based revenue, strong performance in investment advisory, trading, and investment banking fees.
However, net interest income saw a 9%... More
