Wells Fargo reported better-than-expected quarterly results ahead of Friday’s opening bell. We were also pleased to see that by the end of 2023, management has officially delivered on its multi-year cost savings program of $10 billion. But shares came under pressure due to a weaker-than-expected outlook. Total revenue for the three months ended Dec. 30 … Read more
Club names Alphabet, Meta Platforms and Amazon are best positioned to dominate the online advertising landscape this year, according to a new Wall Street survey. The results confirm our bullish stance on these three Big Tech giants. Based on responses from the latest survey of US ad buyers, analysts at TD Cowen said on Tuesday … Read more
CNBC’s Investing Club with Jim Cramer hosts a live “Morning Session” every weekday at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. US stocks were mixed on Tuesday, renewing some of the early 2024 pressure we saw on Wall Street last week. The Nasdaq turned positive on Tuesday as Nvidia hit another … Read more