wells fargo Archives - Orbex Forex Trading Blog

StockWatch: JP Morgan Drops by 6% on Earnings Call!

JP Morgan shares dropped after the bank posted its smallest quarterly earnings beat in nearly two years. Higher-than-expected expenses drove a 14% decline in Q4 profits to $10.4 billion. Wells Fargo however exceeded analysts’…
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StockWatch – Big Banks Get Their Earning Calls!

JPMorgan, Wells Fargo and Citigroup have their earnings calls in today’s American session. JPMorgan Chase, the largest bank in the US by total assets, will kick off earnings season and they are expected to exceed expectations once more.…
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StockWatch: Wall Street Banks Top Earnings!

The Bank of America posted Q3 results that exceeded expectations. Shares of the bank climbed by 2.5% as revenue came in at $22.87bn, versus the $21.8bn estimate. Wells Fargo also posted a jump in profit, boosted by a release of its…
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StockWatch: Amazon Delays Office Return Until 2022!

Amazon has told its US corporate staff not to return to the office until next year as covid continues to spread. Wells Fargo has also stated that they will delay their return to the office until October. This comes as new covid…
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