Wells Fargo, Morgan Stanley: Hot Trends

Wells Fargo, Morgan Stanley, AAPL and U.S. Treasury, join Goldman Sachs fraud, the volcano in Iceland and MGM and oil rig as trending topics on Google.
Author:
Publish date:

(Google trends article updated with Wells Fargo and Morgan Stanley, which join volcano in Iceland, Goldman Sachs fraud, MGM, oil rig and Gizmodo iPhone as hot search terms.)
NEW YORK (TheStreet) -- The chatter on Main Street (a.k.a. Google) is always of interest to investors on Wall Street. Thus, each day, TheStreet compiles the stories that are trending on Google, and highlights the news that could make stocks move.

The new $100 bill is the hottest search term on Google Wednesday afternoon, after it was unveiled by the U.S. Treasury.

The new bill has some security features including a blue 3-D Security Ribbon on the front of the note that contains images of bells and 100s, which move and change from one to the other as you tilt the bill. The goal is to help deter counterfeiters.

The bill won't go into circulation until February.

Wells Fargo

(WFC) - Get Report

is a popular search term this afternoon after it reported first-quarter earnings fell 1% to $2.37 billion, or 45 cents a share, hurt by losses on consumer loans. Still, the bank said it has "turned the corner" when it comes to its credit issues.

These results did manage to top analysts estimates of 42 cents a share.

Morgan Stanley

(MS) - Get Report

saw its first-quarter profit surge to $1.41 billion, or 99 cents a share, on revenue of $9.08 billion. The investment bank received a boost from its trading operations.

These result sent shares of Morgan Stanley advancing 5.2% to $32.05 in afternoon trading -- -- and lit up search engines the world over.

Goldman Sachs'

(GS) - Get Report

fraud allegation continues to be one of the top trending topics on Google. On Friday, the Securities and Exchange Commission said Goldman Sachs failed to disclose conflicts of interest in mortgage investments it sold to investors as the housing market collapsed, costing investors $1 billion.

John Paulson

is also being linked to these allegations, as the SEC is alleging that his hedge fund, Paulson & Co., paid Goldman to short these mortgages.

The volcano that erupted in Iceland, resulting in major airline woes for European travelers, also remains a hot search term.

As a result of the eruption, airlines lost about $1.7 billion over the six days, according to the International Air Transport Association.

Delta

(DAL) - Get Report

, for one, reportedly lost $5 million a day from the disruption.

UAL's

(UAUA)

United Airlines,

AMR's

(AMR)

American Airlines and British Airways are among the carriers that were forced to cancel flights due to the ash cloud that formed from the explosion.

The interest in MGM continues, but we still aren't sure which MGM (the movie studio or the casino) people are searching.

On Tuesday it was reported that production on the new James Bond film was halted due to the uncertain future of

Metro-Goldwyn-Mayer

. This came after MGM failed to find a buyer.

MGM Mirage

(MGM) - Get Report

, however, is also making headlines again on Wednesday, after the company said it is changing its names to MGM Resorts International.

The name change is, in part, due to the casino operator's growing focus on expanding its business overseas.

Apple's

(AAPL) - Get Report

new iPhone is still being bandied about online after the tech blog

Gizmodo

got its hands on what it believed to be the new iPhone, which isn't scheduled to be released until this summer.

Gizmodo

disassembled the phone, revealing pictures and video of the highly-anticipated updated iPhone, which is set to hit stores this summer.

Shares of Apple are on a rampage Wednesday afternoon, and its ticker AAPL, is dominating Google searches. Apple's stock is gaining 5.6% to $257.88, a day after it posted a 90% surge in first-quarter profit, with a huge boost from iPhone sales.

Twelve workers were missing and seven critically injured, after an oil rig exploded on Wednesday in the Gulf of Mexico. The rig is owned by

Transocean

(RIG) - Get Report

and operated by

BP

(BP) - Get Report

.

Wednesday afternoon, it was reported that the missing workers had been located.

--Reported by Jeanine Poggi in New York.

Follow TheStreet.com on

Twitter

and become a fan on

Facebook.