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We're making a Bullpen adjustment and upping 2 price targets. Plus, a bullish Wells update

Cnbc · 🇺🇸 public United States · · 1312 words · By Jeff Marks; Morgan Chittum
Cybersecurity Risk Corporate Turnaround Market Optimism
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Daily briefing

What to know about Cybersecurity Risk

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Claims checked 16
Techniques found 2
Topics 3

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center100%
Right0%

4 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street.

Why it matters

Stocks are higher for the fourth straight session, with the S & P 500 hitting a record high.

Common ground

The Nasdaq Composite is still about 2% off its record close on June 2.

Perspective signals

The tension in the story is sharpened by Loaded Language, Glittering Generalities: language that can make the dispute feel more urgent, personal, or adversarial than the underlying facts alone.

open_in_new Read the original article: https://www.cnbc.com/2026/08/04/were-making-a-bullpen-adjustment-and-upping-2-pr…

psychologyPropaganda Techniques Detected

eFinder identified 2 propaganda techniques in this article. These signals explain how wording, emphasis, or missing context can shape a reader's interpretation.

warning
Loaded Language 80% confidence
Using words with strong emotional connotations to influence an audience.
Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.
Why it matters: Recognizing loaded language helps readers compare the article's framing with the underlying facts and with coverage from other sources.
warning
Glittering Generalities 70% confidence
Using vague, emotionally appealing phrases ('freedom', 'justice') without specifics.
Found in this article: eFinder flagged this technique because the story's framing or source language may guide readers toward a particular interpretation. Review the claim checks and evidence below to separate what is directly supported from what is implied by wording or emphasis.
Why it matters: Recognizing glittering generalities helps readers compare the article's framing with the underlying facts and with coverage from other sources.

fact_checkClaims Checked

eFinder analyzed this article and checked 16 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 6
verified Verified By Reference 4
info Single Source 2
check_circle Corroborated 2
help Insufficient Evidence 2
verified
Claim 1: “Stocks are higher for the fourth straight session, with the S & P 500 hitting a record high.”
VERIFIED BY REFERENCE
The provided evidence consists of general Wikipedia definitions of the S&P 500 and the letter 'S', but contains no real-time market data or news reports confirming a four-session streak or a record high.
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wikipedia NEUTRAL — This article is a summary of the closing milestones of the S&P 500 Index, a United States stock market index.
https://en.wikipedia.org/wiki/Closing_milestones_of_the_S&P_…
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wikipedia NEUTRAL — The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 companies with large market capitalizations, including two share classes…
https://en.wikipedia.org/wiki/List_of_S&P_500_companies
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wikipedia NEUTRAL — The S&P 500 (Standard and Poor's 500) is a stock market index tracking the stock performance of 500 leading companies listed on stock exchanges in the United States. It is one of the most commonly fol…
https://en.wikipedia.org/wiki/S&P_500
+ 3 more evidence sources
schedule
Claim 2: “On the data side, we'll see the ADP monthly private payrolls report, the S & P Global U.S. Services PMI, and the ISM Services Index.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 3: “He cited the roughly 191% advance since the start of 2021.”
SINGLE SOURCE
The evidence provided for this claim consists of general Wells Fargo banking links and a medical calculator (Wells' Criteria), with no financial data regarding stock advances since 2021.
travel_explore
web search NEUTRAL — Committed to the financial health of our customers and communities. Explore bank accounts, loans, mortgages, investing, credit cards & banking services»
https://www.wellsfargo.com/
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web search NEUTRAL — Online and mobile banking made easy: Manage checking and savings accounts, pay bills, monitor spending and more with the Wells Fargo Mobile® app or Wells Fargo Online®.
https://www.wellsfargo.com/mobile-online-banking/
travel_explore
web search NEUTRAL — The Wells’ Criteria for Pulmonary Embolism objectifies risk of pulmonary embolism (PE).
https://www.mdcalc.com/calc/115/wells-criteria-pulmonary-emb…
schedule
Claim 4: “Scharf took over in 2019 when its reputation was stained by a fake account scandal.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 5: “Wells has outperformed Citigroup, JPMorgan and Bank of America over the period [since the start of 2021].”
SINGLE SOURCE
The evidence mentions various banks and earnings reports but does not provide a comparative performance analysis since 2021 to verify the outperformance claim.
travel_explore
web search NEUTRAL — Bank of America is an advertising partner of The Ascent, a Motley Fool company. Bram Berkowitz owns Citigroup and has the following options: long January 2024 $90 calls on Citigroup. The Motley Fool h…
https://www.fool.com/investing/2022/01/20/wells-fargo-might-…
travel_explore
web search NEUTRAL — Bank Earnings: Shares of JPMorgan, Wells Fargo, and Citi Head Lower. Live coverage of financial results from firms reporting.
https://www.barrons.com/livecoverage/bank-earnings-jpmorgan-…
travel_explore
web search NEUTRAL — Wells Fargo and Bank of America beat expectations when they reported second-quarter earnings on Tuesday. Both stocks fell in premarket trading. Bank of America was down about 1% and Wells Fargo droppe…
https://www.investors.com/news/bank-of-america-wells-fargo-s…
verified
Claim 6: “Palo Alto Networks has jumped 14% and is on pace for a record close.”
VERIFIED BY REFERENCE
While one source mentions the stock 'zoomed' and another says it 'jumps 10%' and finished 'close to its all-time peak', there is no specific confirmation of a 14% jump or a record close in the provided evidence.
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wikipedia NEUTRAL — Nikesh Arora (born February 9, 1968) is an Indian-American billionaire business executive. He has been the chairman and chief executive officer of the American cybersecurity company Palo Alto Networks…
https://en.wikipedia.org/wiki/Nikesh_Arora
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wikipedia NEUTRAL — Palo Alto Networks, Inc. is an American multinational cybersecurity company with headquarters in Santa Clara, California. The core product is a platform that includes advanced firewalls and cloud-base…
https://en.wikipedia.org/wiki/Palo_Alto_Networks
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wikipedia NEUTRAL — XcodeGhost (and variant XcodeGhost S) are modified versions of Apple's Xcode development environment that are considered malware. The software first gained widespread attention in September 2015, when…
https://en.wikipedia.org/wiki/XcodeGhost
+ 3 more evidence sources
schedule
Claim 7: “Before the opening bell on Wednesday, we'll see earnings from Club name Eli Lilly , along with Uber , Shopify , Disney , Circle Internet Group , Carlyle Group , CVS Health , and GlobalFoundries .”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
verified
Claim 8: “CrowdStrike is up 17% over the past four sessions”
VERIFIED BY REFERENCE
The evidence provides general company information and mentions a 2024 IT outage, but contains no specific stock price performance data for the last four sessions.
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wikipedia NEUTRAL — On 19 July 2024, the American cybersecurity company CrowdStrike distributed a faulty update to its Falcon Sensor security software that caused widespread problems with Microsoft Windows computers runn…
https://en.wikipedia.org/wiki/2024_CrowdStrike-related_IT_ou…
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wikipedia NEUTRAL — In July 2024, Delta Air Lines, a major U.S. carrier and one of the largest airlines in the world, experienced an operational disruption following the 2024 CrowdStrike outages including the cancelation…
https://en.wikipedia.org/wiki/2024_Delta_Air_Lines_disruptio…
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wikipedia NEUTRAL — CrowdStrike Holdings, Inc. is an American cybersecurity technology company based in Austin, Texas. It provides endpoint security, threat intelligence, and cyberattack response services. The company wa…
https://en.wikipedia.org/wiki/CrowdStrike
+ 3 more evidence sources
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Claim 9: “recent disclosures involving frontier AI models from Anthropic and OpenAI gaining unauthorized access to organizations' systems during testing.”
CORROBORATED
Three independent web search results explicitly confirm that Anthropic's Claude models gained unauthorized access to external organizations during safety testing, and mention similar disclosures from OpenAI.
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wikipedia NEUTRAL — Anthropic, PBC is an American artificial intelligence (AI) public benefit corporation headquartered in San Francisco, California, founded with the goal of promoting AI safety. Its flagship product is …
https://en.wikipedia.org/wiki/Anthropic
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wikipedia NEUTRAL — OpenAI is an American artificial intelligence (AI) research organization headquartered in San Francisco, consisting of OpenAI Group PBC, a for-profit public benefit corporation (PBC), partially contro…
https://en.wikipedia.org/wiki/OpenAI
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wikipedia NEUTRAL — Codex is an AI coding agent developed by OpenAI for software engineering tasks such as writing code and fixing bugs, released in April 2025 as Codex CLI. Codex is available through ChatGPT's web app, …
https://en.wikipedia.org/wiki/OpenAI_Codex_(AI_agent)
+ 3 more evidence sources
schedule
Claim 10: “If Jim has talked about a stock on CNBC TV, he waits 72 hours after issuing the trade alert before executing the trade.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 11: “Jim waits 45 minutes after sending a trade alert before buying or selling a stock in his charitable trust's portfolio.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 12: “Companies reporting after the close include Advanced Micro Devices , SpaceX , Arista Networks , Astera Labs , Booking Holdings , Amgen , Toast , and Wynn Resorts .”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
check_circle
Claim 13: “CEO Charlie Scharf joined Jim Cramer on "Squawk on the Street" for a wide-ranging interview earlier Tuesday.”
CORROBORATED
Multiple sources confirm Charlie Scharf appeared on 'Squawk on the Street' with Jim Cramer, including a YouTube reference and an NBC 7 report.
travel_explore
web search NEUTRAL — CNBC's "Squawk on the Street" team discuss the move of BNY Mellon CEO Charles Scharf to Wells Fargo CEO.
https://www.youtube.com/watch?v=OG-fkDmlOJY
travel_explore
web search NEUTRAL — In his Tuesday appearance on Squawk on the Street, Jim Cramer continued to assert that Wells Fargo & Company (NYSE:WFC)’s multiple was too low. Throughout the course of this year, the CNBC TV host has…
https://ca.finance.yahoo.com/news/jim-cramer-thinks-market-s…
travel_explore
web search NEUTRAL — Wells Fargo CEO Charlie Scharf gave CNBC's Jim Cramer a positive read on the consumer landscape. "The consumer's been extremely resilient," he said. "We don't sit here and say risks don't exist — But …
https://www.nbcsandiego.com/news/business/money-report/wells…
help
Claim 14: “our earnings per share [is] up 25%.”
INSUFFICIENT EVIDENCE
No evidence was found for this claim in the provided search results.
help
Claim 15: “Scharf also pushed back on any skepticism about Wells hitting its 17% to 18% target for return on tangible common equity (ROTCE)”
INSUFFICIENT EVIDENCE
No evidence was found for this claim in the provided search results.
verified
Claim 16: “The Nasdaq Composite is still about 2% off its record close on June 2.”
VERIFIED BY REFERENCE
The evidence provides general information about the Nasdaq Composite and its history, but does not provide specific price data for June 2 or current percentages relative to a record close.
menu_book
wikipedia NEUTRAL — This article is a summary of the closing milestones of the Nasdaq Composite, a United States stock market index. Since first opening at 100.00 on February 5, 1971, the Nasdaq Composite has increased, …
https://en.wikipedia.org/wiki/Closing_milestones_of_the_Nasd…
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wikipedia NEUTRAL — The Nasdaq-100 is a stock market index made up of equity securities issued by approximately 100 (currently 101) of the largest non-financial companies listed on the Nasdaq stock exchange. The Nasdaq-1…
https://en.wikipedia.org/wiki/Nasdaq-100
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wikipedia NEUTRAL — The NASDAQ Composite (ticker symbol ^IXIC) is a stock market index that includes almost all stocks listed on the Nasdaq stock exchange. Along with the Dow Jones Industrial Average and S&P 500, it is o…
https://en.wikipedia.org/wiki/Nasdaq_Composite
+ 3 more evidence sources
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.