Wells Fargo (WFC)

Wall Street's two-day rally lost momentum Wednesday as investors reassessed the economic outlook after weak job numbers and a surprise contraction in the U.S. services sector cast fresh doubt over the strength of the economy.

HPE’s improved AI revenue, profit focus, and a refined FY25 outlook contributed to a more optimistic view across multiple firms.

According to a CNBC report, sales in Australia grew 9.30% YoY to 3,897 units during the month.

Beeline Holdings announces new home equity access product through partnership with RealCo, offering homeowners quick and flexible cash without debt or monthly payments. Launching in July with beta testing in June.

While Dow Jones futures were up 0.11% at the time of writing, the S&P 500 futures rose 0.14%.

US Markets Rebound on Strong Job Data; Tech Stocks Shine as Dollar General Soars

The companies see potential for delivering up to 200 Joby aircraft and related services, valued at approximately $1 billion.

The fourth-largest U.S. bank can now issue more loans, boost its deal-making business, and increase credit card offerings, among other benefits.

U.S. stock markets ended the day in the green, with the Nasdaq climbing more than 150 points, up 0.8% to 19,398.86. The S&P 500 advanced 0.58% to finish at 5,970.37, while the Dow Jones Industrial Average added 0.5%, closing at 42,519.64.

That puts a final end to Wells Fargo's fake-accounts scandal.

Wells Fargo & Co. shares are rising in Tuesday's after-hours session after the company announced it's no longer subject to asset growth restrictions imposed in 2018.

The company also stated that the interim data from the trial showed the therapy significantly extended median overall survival by more than five months.

According to TheFly, Wells Fargo analyst Mike Mayo stated that Citi is on the cusp of transitioning from value destruction to value creation, noting that the stock should rise above its tangible book value.

Nvidia, Meta, and Palo Alto Networks are all sound long-term investments.

As Donald Trump's administration nears completion of a proposal to ease big bank rules, they are largely expected to cheer the lower SLR.

The regulation known as the Supplementary Leverage Ratio garnered further attention following a selloff of U.S. debt in April following Trump’s “Liberation Day” tariffs.