Stocks making the biggest moves premarket: Wells Fargo, JPMorgan, Tesla, Stellantis and more

Check out the companies making headlines in premarket trading. Wells Fargo — Shares of the San Francisco-based lender rose 3% even after the bank reported lower earnings and revenue in the third quarter than a year ago amid an 11% decline in net interest income. Earnings came in at $1.42 per share, which is not likely comparable to the $1.28 cents estimate, based on a survey of analysts by LSEG. Revenue of $20.37 billion came in below the $20.42 billion expected.

The company also confirmed that it's looking for a successor to CEO Carlos Tavares ahead of his retirement in early 2026. Affirm , Flywire — Affirm shares popped 3.1% after Wells Fargo upgraded the buy-now-pay-later stock to overweight from equal weight. Elsewhere in the digital payments space, Wells Fargo downgraded Flywire to equal weight from overweight, sending shares down 2.7%. Mobileye — Shares of the self-driving technology developer retreated by 2.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

JPMorgan, Wells Fargo Earnings: Markets Begin to Assess Rate-Cut Impact TomorrowStocks Analysis by Investing.com (David Wagner) covering: JPMorgan Chase & Co, Wells Fargo & Company. Read Investing.com (David Wagner)'s latest article on Investing.com
Fonte: Investingcom - 🏆 450. / 53 Leggi di più »

Here's how Wells Fargo thinks Hurricane Milton could impact insurance stocksHere's how Wells Fargo thinks Hurricane Milton could impact insurance stocks
Fonte: Investingcom - 🏆 450. / 53 Leggi di più »

Wells Fargo posts lower earnings and revenue amid an 11% decline in net interest incomeThe San Francisco-based lender posted $11.69 billion in net interest income, a 11% decrease from the same quarter last year.
Fonte: nbcsandiego - 🏆 524. / 51 Leggi di più »