Stephanie Link trims Bank of America and adds to Wells Fargo, CNBC reports
CNBC reported Oct 14, 12:25 UTC that Hightower's Stephanie Link joined 'Halftime Report' to explain portfolio moves that include trimming Bank of America and buying more Wells Fargo.
Developing storyOpenAI escalates trade secret fight with Apple, CNBC reports3 reports · latest 3h agoTimeline →What happened
CNBC reported Oct 14, 12:25 UTC that Stephanie Link, Hightower chief investment strategist, joined CNBC's 'Halftime Report' to explain her latest portfolio moves. The outlet's headline says Link trimmed Bank of America and bought more Wells Fargo. The report presents those trades as Link's most recent positioning described on the program.
Stocks market context
As of Oct 14, 19:01 UTC the SPY ETF, which tracks the S&P 500, was $767.29 and fell 1.38% from the prior close; the QQQ ETF, which tracks the Nasdaq 100, was $727.04 and fell 2.22% from the prior close. Among individual stocks, NVIDIA was $220.16 and fell 3.66% from the prior close, Apple was $343.18 and rose 0.56% from the prior close, and JPMorgan Chase was $334.17 and rose 0.83% from the prior close, per Finnhub.
| Instrument | Last | Change | Basis | As of | Source |
|---|---|---|---|---|---|
| S&P 500 (via SPY ETF) | $767.29 | -1.38% | vs prior close | Oct 14, 19:01 UTC | Finnhub |
| Nasdaq 100 (via QQQ ETF) | $727.04 | -2.22% | vs prior close | Oct 14, 19:01 UTC | Finnhub |
| NVIDIA | $220.16 | -3.66% | vs prior close | Oct 14, 19:01 UTC | Finnhub |
| Apple | $343.18 | +0.56% | vs prior close | Oct 14, 19:01 UTC | Finnhub |
| Microsoft | $532.90 | -1.94% | vs prior close | Oct 14, 19:01 UTC | Finnhub |
| Amazon | $252.88 | -2.20% | vs prior close | Oct 14, 19:01 UTC | Finnhub |
| Alphabet | $346.70 | -2.00% | vs prior close | Oct 14, 19:01 UTC | Finnhub |
| Meta Platforms | $735.47 | -3.54% | vs prior close | Oct 14, 19:01 UTC | Finnhub |
| Tesla | $364.06 | -2.98% | vs prior close | Oct 14, 19:01 UTC | Finnhub |
| JPMorgan Chase | $334.17 | +0.83% | vs prior close | Oct 14, 19:01 UTC | Finnhub |
Related coverage
Yahoo published 'The S&P 500 Is Dangerously Concentrated in 5 Tech Giants. Are They Still Buys?', about concentration in the index's largest names. CNBC also reported 'OpenAI escalates trade secret fight with Apple' as a separate segment on its 'Halftime Report'.
- Trade Tracker: Stephanie Link trims Bank of America and Buys more Wells Fargo — CNBC, Oct 14, 12:25 UTC
- OpenAI escalates trade secret fight with Apple — CNBC, Oct 14, 12:27 UTC
- The S&P 500 Is Dangerously Concentrated in 5 Tech Giants. Are They Still Buys? — Yahoo, Oct 14, 11:40 UTC
- UC Hungry For Funds Again, DailyObjects’ D2C Playbook & More — inc42.com, Oct 14, 02:30 UTC
- Judge orders OpenAI to turn over hiring records in Apple trade secrets case — Yahoo, Oct 13, 20:36 UTC
What to watch
USB Q3 2026 earnings is scheduled Thu Oct 15 (before the open), PNC Q3 2026 earnings is scheduled Thu Oct 15 (before the open), and TRV Q3 2026 earnings is scheduled Fri Oct 16 (before the open), per Finnhub.
- Thu Oct 15 (before the open) — USB Q3 2026 earnings · EPS estimate 1.33
- Thu Oct 15 (before the open) — SCHW Q3 2026 earnings · EPS estimate 1.70
- Thu Oct 15 (before the open) — MRSH Q3 2026 earnings · EPS estimate 2.01
- Thu Oct 15 (before the open) — PNC Q3 2026 earnings · EPS estimate 4.98
- Thu Oct 15 (before the open) — BNY Q3 2026 earnings · EPS estimate 2.28
- Thu Oct 15 (before the open) — MAN Q3 2026 earnings · EPS estimate 1.02
Sources and data
- CNBC (secondary source) — Trade Tracker: Stephanie Link trims Bank of America and Buys more Wells Fargo
- Yahoo (secondary source) — The S&P 500 Is Dangerously Concentrated in 5 Tech Giants. Are They Still Buys?
- inc42.com (secondary source) — UC Hungry For Funds Again, DailyObjects’ D2C Playbook & More
- Finnhub (market data) — market data
Market data as of Oct 14, 19:01 UTC; report generated Oct 14, 19:01 UTC. All times are UTC. Each table row shows its own timestamp and provider.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools from the sources listed above, and checked against our automated-content validation rules. It is for information only and is not investment advice.
Terms in this article
Exchange-traded fund (ETF)
A fund that trades on a stock exchange like a share, usually tracking an index, sector, commodity or strategy.
S&P 500
A float-adjusted, market-cap-weighted index of about 500 leading US companies selected by a committee at S&P Dow Jones Indices.
Price-to-earnings ratio (P/E)
Share price divided by earnings per share.
Earnings per share (EPS)
A company's net profit attributable to ordinary shareholders divided by its average number of shares.
Sources & data
- CNBC (secondary, retrieved Oct 14, 2026, 07:03 PM UTC)
- Yahoo (secondary, retrieved Oct 14, 2026, 07:03 PM UTC)
- inc42.com (secondary, retrieved Oct 14, 2026, 07:03 PM UTC)
- Finnhub (market-data, retrieved Oct 14, 2026, 07:03 PM UTC)
Market data as of Oct 14, 2026, 07:01 PM UTC.
This report was produced by the MarketAlleys Research Desk using automated data processing and language tools, built only from the cited sources and validated by rules described in our methodology. Spot an error? Request a correction.
Ask about this story
Questions are answered only from this article and the sources it cites.
MarketAlleys provides news and analysis for information only; it is not investment advice or a recommendation to buy or sell any security. Markets involve risk. Risk disclaimer.
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