Michael Turrin, Wells Fargo Securities equity analyst, joins 'The Exchange' to discuss CoreWeave jumping on its $6 billion AI project and how to play the name.

Wells Fargo & Company (NYSE:WFC) is one of the Best Large Cap Value Stocks to Invest In. Raymond James downgraded the company’s stock from “Outperform” to “Market Perform,” noting the limited upside potential.

The bank has closed seven regulatory punishments, known as consent orders, this year and 13 since 2019. It still has one remaining consent order from 2018. Consumers and businesses have continued to repay loans, allaying concern that shifting U.S. trade policies would trigger a recession. Still, uncertainty around the economic outlook persists.

Wells Fargo (WFC) stock dipped 2.1% in Tuesday premarket trading after the bank trimmed its 2025 net interest income guidance. Q2 earnings beat, while revenue meet the consensus estimate.

Chris McGratty, Keefe Bruyette and Woods' Head of US Bank Research, talks about Wall Street traders like JPMorgan Chase & Co. and Citigroup setting records in spite of market volatility, as well as private credit becoming an "increasingly formidable" competitor with banks.

The bank has managed to reduce its total number of troubled CRE loans over the last year despite adding 90 more loans for apartments to the list.

Employees rallied in Charlotte on Tuesday to call attention to allegations that a senior HR executive at the bank is coercing workers to decertify their union.

In an earnings call Tuesday, CEO Charlie Scharf credited brokers in the firm's branches for working with commercial bankers for a 10% increase in new assets.

Bank leaders pose at their first earnings call since federal regulators ended the $2 trillion asset cap tied to a bank sales scandal.