Sharemaestro Newsreel

Why Is Wells Fargo (WFC) Up 1.6% Since Last Earnings Report?

It has been about a month since the last earnings report for Wells Fargo (WFC). Shares have added about 1.6% in that time frame, underperforming the S&P 500. Will the recent positive trend continue leading up to its next earnings release, or is Wells …

Crypto’s Wall Street Era Arrives as Retail Buzz, Liquidity Fade

(Bloomberg) -- Gracy Chen doesn't want to run just a crypto exchange anymore. Most Read from Bloomberg Walter Sells Lakers, Seeks More Cash to Pay Loans Amid DOJ Probe Anthropic Said in Talks to Buy Startup Decart for $6 Billion Phoebe Gates Knew Phia …

Bank of America to acquire 49.9% of India’s Jio Credit

Bank of America is set to take as much as a 49.9% holding in Jio Credit, the lending arm of Jio Financial Services, through a preferential issue of equity shares and warrants. The deal will bring together Jio Financial Services' digital distribution and its …

HSBC backs AI financial services software firm Model ML

Model ML has secured funding from HSBC Asset Management through its venture capital vehicle. The new capital is intended to aid the company's growth at a time when enterprise use of AI is moving beyond standalone models towards the broader infrastructure needed to deploy …

You’ve retired — so grow up already and stop buying these 5 things to save yourself thousands of dollars

Photo by YuriArcursPeopleimages / Envato Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. Retirement isn't just about changing how you spend your time. It's also about changing how you spend your money. Many purchases that made …

JPMorgan gets bullish on Salesforce, says concerns are "overblown"

Investing.com -- JPMorgan initiated Salesforce (CRM) at Overweight, saying concerns weighing on the stock are "overblown" and that the shares are pricing in further deceleration rather than progress toward the company's Rule of 50 target. Analyst Samik Chatterjee moved CRM to an Overweight rating …

Best Income Stocks to Buy for August 13th

Here are two stocks with buy rank and strong income characteristics for investors to consider today, August 13: JPMorgan Chase & Co. JPM: This bank and financial holding company has witnessed the Zacks Consensus Estimate for its current year earnings increasing 11.7% the last …

Bank of America (BAC) Stock Still Looks Like A Bargain Following Its 139% Run

Make better investment decisions with Simply Wall St's easy, visual tools that give you a competitive edge. Bank of America stock has delivered a 138.5% return over the past three years, yet current valuation checks indicate the shares still sit below an intrinsic value …

Rand Paul Inspects Fort Knox Gold, Says Dollar’s 97% Collapse Since 1913 Is Behind America’s 'Affordability' Crisis: 'The Real Point Is...'

Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Sen. Rand Paul (R-Ky.) toured Fort Knox to inspect the gold reserves on Monday, voicing concerns over the diminishing purchasing power of the dollar. Paul, in a …

Wells Fargo Has Fresh Message for Microsoft Investors

This article first appeared on GuruFocus. Wells Fargo sees therapid improvement of open AI models as a potential tailwind for Microsoft (NASDAQ:MSFT) and ServiceNow (NYSE:NOW), arguing that cheaper intelligence could strengthen established software platforms rather than disrupt them. The key investor implication is that …

The Goldman Sachs Group (GS)’s $2.3 Billion ETF Bet: How Does It Compare With JPMorgan?

The Goldman Sachs Group, Inc. (NYSE:GS)–NEOS deal looks strategically important because it pushes Goldman further into a part of asset management that is growing quickly: actively managed ETFs, particularly products that use options to generate income and manage downside risk. Goldman is paying up …

Global gas turbine orders reach record as power demand surges, J.P. Morgan says

[Combined Cycle Power Plant. Steam Turbine Modern Clean Power generator building. Large electricity industry.] coffeekai/iStock via Getty Images Global gas turbine orders hit a record high [https://www.bloomberg.com/news/articles/2026-08-11/global-gas-turbine-orders-soar-to-record-quarter-jpmorgan-says] in Q2 as demand for power generation surges, with new orders climbing 29% Q/Q and 71% Y/Y …

Can Bank Of America’s (BAC) $250B Bet Pay Off?

Bank of America (NYSE:BAC) said on August 12 that it will deploy $250 billion by July 2027 to finance US digital and infrastructure projects, from data centers to power grids to natural gas pipelines. The bank calls it the Critical Infrastructure Finance Initiative, arriving …

Bank of America sends blunt message to Nvidia stock investors

Every few quarters, the debate around Nvidia moves. For a while, it was about whether AI demand was real. Then it was about whether margins could hold. Now, heading into its August 26 earnings report, the question is whether the next product cycle can …

Why Delta and United’s Loyalty Programs Could Be Worth $30 Billion

Air Canada sold the 25% Aeroplan program stake to Blackstone and some leading Canadian institutional investors, valuing the program at more than $7 billion U.S. dollars ($10 billion Canadian dollars), according to a news release Tuesday. Based on the valuation of the Aeroplan stake, …

Why Cognex (CGNX) Shares Are Sliding Today

Why Cognex (CGNX) Shares Are Sliding Today What Happened? Shares of machine vision technology company Cognex (NASDAQ:CGNX) fell 4% in the afternoon session after HSBC downgraded the stock to "Hold" from "Buy" and slashed its price target. The bank adjusted its price target on …

Bank of America Stock Rises on $250 Billion AI Push

This article first appeared on GuruFocus. Bank of America (NYSE:BAC), one of America's biggest banks, launched a monster $250 billion U.S. infrastructure-financing initiative Wednesday as the stock climbed roughly 0.7% by late morning. The number grabs attention. But this is not Bank of America …

JPMorgan Stock Rises 0.7% as Bank Calls for S&P 8,000

This article first appeared on GuruFocus. JPMorgan Chase (NYSE:JPM), America's largest bank by assets, rose approximately 0.7% Wednesday morning as its strategy team turned even more bullish on stocks. The bank now sees the S&P 500 (SPY) ending 2026 at 8,000, up from its …

Lilly Targets Black-Market Retatrutide Sellers

This article first appeared on GuruFocus. Eli Lilly and Co. (LLY, Financials), the pharmaceutical company behind Zepbound and Foundayo, is stepping up its fight against unauthorized sellers of its experimental obesity drug retatrutide. Warning! GuruFocus has detected 8 Warning Sign with JPM. Is LLY …

Transparency notification by Bank of America Corporation

Press release Regulated information August 12th 2026 - 18:30 CET Transparency notification by Bank of America Corporation In accordance with article 14, § 1 of the law of 2 May 2007 on the disclosure of major holdings, Umicore was recently notified by Bank of …

Why Ridgepost Capital (RPC) Shares Are Falling Today

Why Ridgepost Capital (RPC) Shares Are Falling Today What Happened? Shares of private markets investment firm Ridgepost Capital (NYSE:RPC) fell 4.7% in the morning session after Barclays lowered the company's price target to $11 from $12 while keeping an Overweight rating. A lower target …

JPMorgan Sees S&P 500 at 8,000: ETFs That Are Worth Buying

A stronger earnings outlook and the potential for AI spending by major hyperscalers to accelerate revenue growth have led J.P. Morgan JPM to raise its year-end S&P 500 target to 8,000 from 7,800 previously. As quoted on Reuters, the Wall Street giant's latest 8,000 …

Bank of America Enters into a Joint Venture Agreement with Jio Financial Services Limited to Acquire up to 49.9% in Jio Credit Limited

Key points Bank of America's investment, including the equity shares and warrants (if fully subscribed), would be ₹18,268 crore (~$1.9 billion USD[1]). Jio Credit receives further capital to support its growth in India and expertise of a global financial services firm. The investment supports …

Will Asia-Pacific Growth Support JPM's Corporate Banking Business?

JPMorgan Chase & Co.'s JPM Asia-Pacific corporate banking business continues to grow strongly, with revenues rising more than 20% so far this year, JPMorgan's regional heads, Oliver Brinkmann and Kerwin Clayton, said in an interview with Reuters. Growing investments and rising intra-Asia trade are …

FRN Variable Rate Fix

LONDON, August 12, 2026--(BUSINESS WIRE)-- As Agent Bank, please be advised of the following rate determined on: 8/12/2026 Issue ¦ Barclays PLC Series 283 EUR 1,250,000,000 FRN Due in May 2029 ISIN Number ¦ XS3069319542 ISIN Reference ¦ 306931954 Issue Nomin EUR ¦ 1250000000 …

UBS Welcomes Two-Person Advisor Team in Kenwood, Ohio

KENWOOD, Ohio, August 12, 2026--(BUSINESS WIRE)--UBS today announced that Financial Advisors Mitch Edwards and Jeff Stanley have joined the firm's Kenwood office from Morgan Stanley. Their team, The Stanley Edwards Group, will be part of the UBS Ohio–Indiana–Kentucky Market, led by Market Executive Andrew …

Phoenix-based UBS advisor team The Schultz Group recognized on Barron’s Top 250 Private Wealth Management Teams list for second consecutive year

PHOENIX, August 12, 2026--(BUSINESS WIRE)--UBS today announced that The Schultz Group in Phoenix, AZ has been named to the Barron's Top 250 Private Wealth Management Teams list for 2026, marking the second year that the team has been the only Phoenix-based team on the …

JPMorgan Chase & Co. Cuts JBS (NYSE:JBS) Price Target to $17.50

S&P 500 Earnings Are So Good Investors Are Starting to Worry

(Bloomberg) -- The latest reason to worry about the stock market is quite the doozy: Earnings growth has been too strong. Most Read from Bloomberg Phoebe Gates Knew Phia Shopping App Took Credit for Sales It Didn't Drive Trump Weighs Call for Capital Gains …

JPMorgan Chase (JPM) Stock Gets Fair Value Boost After Analysts Raise Targets

Find winning stocks in any market cycle. Join 7 million investors using Simply Wall St's investing ideas for FREE. JPMorgan Chase is back in focus after analysts lifted their fair value estimate from about US$353.95 to roughly US$373.86 per share, pointing to a higher …

GM sets up $4.5 billion supply chain prepayment facility

General Motors entered into a financing arrangement on August 7 with supply-chain management firm Procura Auto Parts LLC, under which Procura will prepay certain GM suppliers so they can acquire and hold inventory set aside for the automaker, GM said in a regulatory filing …

Scott Bessent says America’s Founding Fathers ‘could not have imagined’ today’s economy — how to bet big on the USA

Magnus Lejhall/ Getty Images Moneywise and Yahoo Finance LLC may earn commission or revenue through links in the content below. 250 years after America declared its independence, Treasury Secretary Scott Bessent says the economic experiment launched by the country's Founding Fathers has grown into …

Alsea (BMV:ALSEA *) Stock Sees Fair Value Moves Lower After Analyst Revisions

Find your next quality investment with Simply Wall St's easy and powerful screener, trusted by over 7 million individual investors worldwide. Alsea now carries an updated Fair Value estimate of MX$60.99, down from MX$67.25, which reflects a roughly 9% reset in the price target …