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Bank Of America, Wells Fargo Report Profit Surge As Trading Activity Powers Results

by The Wealth Advisor Contributor
Banking giants Bank of America and Wells Fargo both reported Wednesday morning that their fourth quarter and full-year profits rose from a year ago.

Featured

Ned Davis Distills Political Angst Into ‘Big MAC’ Equity Trade

Wall Street loves few things more than a good acronym to describe a trading thesis. Think FANG, FOMO/YOLO and TACO.

Growing Number Of Options Traders See No Fed Cuts In 2026

Traders focused on options are increasingly pricing out expectations for any Federal Reserve interest rate cuts in 2026.

King Charles Moves To Reclaim Royal Lodge, Ending £30 Million Inheritance Path For Andrew’s Daughters

King Charles III has moved to reclaim Royal Lodge in Windsor Great Park from his brother Prince Andrew.

Recent

Portfolio Construction

Margin Debt Surges to Record High as Investor Risk Appetite Hits ‘White Hot’ Territory

Wealth advisors tracking investor behavior have new data point to monitor: margin debt surged to record high, signaling investor sentiment.

Washington Wire

Left-Wing Hedge Fund D.E. Shaw Fears ‘Reprisals’ Over DEI From Trump Administration: Sources

Staffers at the notoriously secretive hedge fund D.E. Shaw fear the wildly lucrative left-wing firm could face “reprisals” from Trump administration.

Economy

Oppenheimer Lifts S&P 500 Year-End Target to Wall Street-High on Trade Optimism

Oppenheimer Asset Management on Monday raised its year-end target for the S&P 500 index to 7,100, the highest among major Wall Street brokerages.

Future of Wealth

Signs of Stock Market 'Euphoria' on the Rise as Markets Cap 5-Day Streak of Record Highs

Investor euphoria is back. Stocks hit a record high each day last week, bitcoin is surging, and meme stocks are once again back in vogue.

  • More Articles

Popular

The Trust Advisor

Microsoft Founder Bill Gates' Billion Dollar Divorce Payout To Ex-Wife Melinda Finally Revealed

Washington Wire

Jay Powell: DOJ Threatens Criminal Indictment

The Trust Advisor

I Asked ChatGPT How To Make My Estate ‘Drama-Proof’ For My Heirs In 2026 — Here’s Its 12-Month Checklist

Washington Wire

Republican Sen. Thom Tillis Vows To Block Trump’s Fed Nominees Following Powell Probe

Washington Wire

Jamie Dimon Backs Fed Chair Powell Amid DOJ Probe: 'Everyone We Know Believes In Fed Independence'

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