Washington and Silicon Valley have found their common enemy: China [Fortune]
Wells Fargo & Company (WFC)
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Source: Fortune
Recommended Video Despite their historically rocky relationship over tech regulation, executives and lawmakers were aligned that the AI race has become an existential battle, and one source of anxiety came up in nearly every session: China. Sen. Rick Scott (R-FL), who spoke during the session “The Operating System for Institutions: Money, Workflows, and AI,” framed winning the race as a matter of life and death. “We are competing against China. The government of China wants to destroy our way of life. When they wake up every day [they think], ‘how can the American way of life be destroyed?'” Scott said, adding he believes that Iran and Russia think the same way. “We got to put ourselves in a position that we can outcompete, especially China, with regard to AI.” Beneath the seemingly unified anti-China front, however, revealed an underlying tension between lawmakers and Silicon Valley: should U.S.-based companies keep their most advanced technology at home? The unnamed culpr
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- Wells Fargo & Company (WFC) had its price target lowered by The Goldman Sachs Group, Inc. from $109.00 to $93.00. They now have a "buy" rating on the stock.MarketBeat
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- 3/20/26 - Form 424B2
- 3/20/26 - Form 424B2
- 3/20/26 - Form 424B2
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