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Fargo did 20k in a week being blackballed and incarcerated. TORY is top 3 best artist this decade
Wells Fargo in its latest forecast for SpaceX predicts the company will have 47 million @Starlink subscribers by 2028.
They think revenues will grow commensurately, from $19 billion at the end of this year to $30 billion at the end of 2027 and $51 billion by the end of 2028.
I think Wells is underestimating things. Once there are a meaningful number V3 Starlink sats in orbit, as well as V2 Starlink Mobile sats, we are going to see a huge increase in users as the services' capability expands.
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Wells Fargo Names COO Powell as Next Chief Risk Officer
Wells Fargo downgrades Netflix $NFLX to Underweight and cuts its PT to $57 from $80, citing weakening engagement and a lack of major original hits as the core concern.
Wells Fargo initiates $CIFR with Overweight rating and price target of $25:
The firm said CIFR is the only HPC name that trades at a premium to contracted net asset value, but with significant upside if it can deliver on its pipeline.
Bring it home @rftylerpage
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Wells Fargo initiates $CIFR at Overweight with a $25 price target saying it has “one of the highest-quality tenant bases across the space.”
That includes 286 MW leased directly to $AMZN AWS and another 207 MW with Fluidstack backed by $GOOGL credit support.
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Wells Fargo starts coverage on $APLD, $WULF and $CIFR at Overweight:
$APLD: $50 PT
Calls it one of its top ideas. Says 1.4+ GW of contracted capacity is worth ~$30/share, with 70%+ of MWs directly contracted with Meta and Oracle.
$WULF: $30 PT
Says its 839 MW contracted backlog is worth ~$15/share, anchored by Fluidstack with Google support and Anthropic-backed capacity.
$CIFR: $25 PT
Calls it a higher-risk/higher-reward name. Says its contracted book is worth ~$10/share, including 286 MW with AWS and 207 MW with Fluidstack backed by Google.
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Wells Fargo on $WULF: "839 MW Contracted Backlog Worth $1 5/Share."
multiple catalysts worth watching for WULF; (a) initial +400 MW (or greater) Muskie lease; (b) IG-backstop and project financing secured for Hawesville (leased to Anthropic); (c) closing and regulatory approvals secured for Morgantown; and (d) NY state moratorium potentially lapsing by July 2027, clearing more NY expansion pathway. WULF seems well-equipped to meet, if not beat, its 250-500 MW annual delivery target in the years ahead.
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Wells Fargo’s Ohsung Kwon cut his year-end target for the S&P 500 Index, saying a decade-long earnings growth cycle will eventually slow down
Wells Fargo finance chief sees stronger 2026 loan growth, signaling healthy US economy
