Houlihan Lokey (NYSE:HLI) shares advanced 2.3% in Tuesday morning trading after Wells Fargo double-upgraded the investment banking firm to Overweight from Underweight, as its "balanced/all-weather business model" stands to benefit from broad market uncertainty.
Wells Fargo has improved efficiency and profitability but lacks significant revenue growth. Check out WFC stock's valuation insights and key entry points.
Danny Ludeman, a highly respected leader in financial services as CEO of Wells Fargo Advisors who later founded a nonprofit to create new career pathways for ex-inmates, died March 9 after a battle with pancreatic cancer.
The probe, by the Financial Industry Regulatory Authority, is focusing on whether the former employee violated federal securities laws and FINRA rules, which could lead to him being barred from working in the securities industry.
The sharp decline in Nvidia (NASDAQ:NVDA) shares in recent weeks is a "buying opportunity," Wells Fargo said on Tuesday, ahead of the company's annual GTC event. Over the past five years, Nvidia shares have outperformed the Philadelphia Semiconductor Index by an average of 7 percentage points and 2.
Wells Fargo (NYSE: WFC), and Warren Buffett holding American Express (NYSE: AXP) were all down significantly on Monday, falling 3.8%, 5.1%, and 2.9%, respectively, as of 12:04 p.m. ET. Uncertainty over Trump's tariff policy has recently led to recession or stagflation fears;
The election came a month after a letter addressed to Wells Fargo CEO Charles Scharf asked for the union to be recognized voluntarily and three weeks after a notice of