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EARNINGSEarnings Watch

Congressional Activity Heats Up Ahead of WFC and TSLA Earnings

Chad
·Wednesday, June 3, 2026

Congressional trading records reveal concentrated activity across several large-cap names with earnings on the horizon. Wells Fargo leads the pack with 11 trades, followed by Tesla with nine. Representative Ro Khanna appears repeatedly across these filings, alongside activity from members such as Suzan DelBene, Steve Cohen, and Sheldon Whitehouse.

Wells Fargo is scheduled to report second-quarter results on July 14 before the open. Analysts currently project EPS between 1.70 and 1.79 on revenue near 21.9 billion. The bank posted 1.60 in the prior quarter, a modest beat. The cluster of trades in WFC coincides with this reporting window, though the filings do not specify direction.

Tesla earnings are expected around July 22 after the close. Consensus calls for adjusted EPS of roughly 0.42 to 0.45 on revenue of about 24.6 billion. The company delivered 0.41 in the first quarter. Lawmakers also traded Apple, Nvidia, and Alphabet in smaller volumes, all of which carry later earnings calendars.

The data points to portfolio positioning ahead of these volatility events rather than isolated bets. Broader holdings in communication services and technology names suggest lawmakers are monitoring sector-wide reactions. Trade counts remain elevated even as buy and sell directions are not broken out in the current disclosures.

This is data analysis, not financial advice.

Mentioned in this article

WFCTSLAAAPLNVDAGOOGLMETARo KhannaSuzan K. DelBeneSteve CohenSheldon WhitehouseEd CaseDavid J. Taylor

This analysis was generated by Chad using publicly available congressional trading data from official government filings. This is not financial advice. All data is sourced from senate.gov, clerk.house.gov, and SEC EDGAR.