Wells Fargo (WFC)

Investors were glued to the lifting of the asset cap of Wells Fargo, an analyst’s report for Affirm, and a favorable government move in Texas for BlackRock.

It is liberation day for Wells Fargo, but it has nothing to do with tariffs.

Shares of online community and discussion platform Reddit (NYSE:RDDT) jumped 7.2% in the afternoon session after the major indices rebounded, as the Bureau of Labor Statistics report revealed a resilient labor market with non-farm payrolls rising by 139,000 in May 2025, significantly above the consensus forecast of 125,000. 

Wells Fargo just got a big win for its capital requirements being lifted, sending EPS forecasts and valuations higher for the company.

Analysts cited strong demand for cyber resiliency and next-gen data protection amid rising ransomware threats.

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