#CITI News

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Oil prices rose as much as 2% on hopes of China's reopening and as OPEC+ maintains output cut targets

cnbc.com Oil prices climbed as much as 2% on Monday after China signaled a broader relaxation of Covid curbs, OPEC+ announced its decision not to change oil production targets, and a…

These 10 employers are still hiring tech and finance talent like crazy

fortune.com These 10 employers are still hiring tech and finance talent like crazy Good morning, Plenty of headlines have focused on tech firms shedding talent. But the numbers tell a…

Stock Market Power Rankings: Microsoft Throws In the Mobile Towel

fool.com Each week, I'm ranking the biggest companies that trade on U.S. exchanges based on their size (market capitalization), momentum (total return over the past year), and recent…

Stock Market Power Rankings: Dreaming of an Amazon Christmas

fool.com Each week, I'm ranking the biggest companies that trade on U.S. exchanges based on their size (market capitalization), momentum (total return over the past year), and recent…

Stock Market Power Rankings: Microsoft Parties Like Its 2002

fool.com Each week, I'm ranking the biggest companies that trade on U.S. exchanges based on their size (market capitalization), momentum (total return over the past year), and recent…

Stock Market Power Rankings: Save Us, Amazon

fool.com Each week, I'm ranking the biggest companies that trade on U.S. exchanges based on their size (market capitalization), momentum (total return over the past year), and recent…

Asia Braces for Wall St Shockwave as Banks’ Fears Deepen

asiafinancial.com Asian indexes are bracing themselves for a rocky week as worldwide recession fears deepen after a series of gloomy year-ahead forecasts from Wall Street banks. Investors in…

Wall Street banks to slash bonuses up to 30% as slowdown looms

nypost.com Big Wall Street firms reportedly are preparing to slash year-end bonuses — a sharp about-face from the lavish payouts handed out during the pandemic — as the industry braces…

Rolex, Patek, And Audemars Piguet Watch Prices Continue Drop As Crypto Winter Worsens

zerohedge.com Rolex, Patek, And Audemars Piguet Watch Prices Continue Drop As Crypto Winter Worsens Global macroeconomic headwinds increasingly mount, such as high inflation, quantitative…

Citigroup: A Strong Conviction Buy

seekingalpha.com Summary - I expect Citi to materially outperform the market in the next 3 years. - It is valued currently at less than 0.6x tangible book value. - I am no longer trading…

Wall Street hunts for recession plays to weather potential 2023 turbulence By Reuters

investing.com By David Randall NEW YORK (Reuters) - Investors are eyeing everything from the U.S. healthcare sector to UK stocks and gold as potential havens during a recession, as…

Wall Street hunts for recession plays to weather potential 2023 turbulence

reuters.com NEW YORK, Dec 2 (Reuters) - Investors are eyeing everything from the U.S. healthcare sector to UK stocks and gold as potential havens during a recession, as worries grow…

What Will Happen to Bitcoin in the Next Decade?

investopedia.com When Bitcoin was introduced to the world over a decade ago, it was supposed to be a revolution in the finance ecosystem. But that revolution has hardly come to pass as of…

Okta stock surges more than 25% as analysts approve of company’s profit heading

marketwatch.com Okta Inc. shares surged by more than a quarter of its value Thursday after analysts praised the identity software company for heading in the right direction after it…

Analysis-Ghana overhaul a test for $1 billion World Bank-backed debt By Reuters

investing.com By Jorgelina do Rosario LONDON (Reuters) - Ghana's debt restructuring plans are set to test a $400 million World Bank guarantee which was designed to provide extra security…

Citigroup trying to get accidental $500M Revlon loan payment back

foxbusiness.com Citigroup is in talks to try and get about $500 million it mistakenly paid a group of hedge funds and investment firms on a loan owed by Revlon. The cosmetics company…

Stocks making the biggest moves midday: Salesforce, Five Below, Okta, Costco and more

cnbc.com Check out the companies making headlines in midday trading. Salesforce — Shares of the cloud-based software company slid more than 9% after the firm announced the sudden…

What Is a Virtual Credit Card?

fool.com If you're on a Galaxy Fold, consider unfolding your phone or viewing it in full screen to best optimize your experience. These days, you can't make an online purchase…

Here are Thursday's biggest analyst calls: Apple, Amazon, Tesla, Chipotle, Capital One, United & more

cnbc.com Here are Thursday's biggest calls on Wall Street: Piper Sandler downgrades G-III to neutral from overweight Piper said in its downgrade of the apparel company that it has…

GoodRx is a buy that can surge 60% from here, Citi says

cnbc.com The sell-off in telemedicine name GoodRx is overdone, and now is a good time to buy the stock, according to Citi. Analyst Daniel Grosslight initiated coverage on GoodRx with…

UK businesses report easing price pressures: BoE survey By Reuters

investing.com By David Milliken LONDON (Reuters) -British businesses reported cooling price pressures but warned of lower employment and investment ahead, in a Bank of England survey on…

Citi CEO Jane Fraser: ‘If grandma’s investing in crypto, we better have protections in place.’

fortune.com Citi CEO Jane Fraser: ‘If grandma’s investing in crypto, we better have protections in place.’ On this week’s episode of Fortune‘s Leadership Next podcast, co-hosts Alan…

XPO Logistics valuation compelling but macro headwinds dampen growth

investing.com By Sam Boughedda XPO Logistics (NYSE:XPO) was reinstated with a Neutral rating and a $42 per share price target at Citi on Wednesday. Analysts told investors in a note that…

Citi Trends Rises 27% as Q3 Results Beat on Profit Beat and Strong Cost Controls

247wallst.com Discounted clothing retailer Citi Trends (US:CTRN) closed 27.5% higher, after trading as high as $29.89 following a strong third-quarter result print. The stock remains down…

Opening Bell: 11.30.22

dealbreaker.com BlockFi lawyer tells bankruptcy court that the priority is to ‘maximize client recoveries’ [CNBC] BlockFi’s lawyers at that hearing expressed optimism that the firm is in…

KBR could unlock value by separating STS and GS businesses, Citi says By Investing.com

investing.com By Investing.com Staff In a note to clients Wednesday, following meetings with KBR's (NYSE:KBR) management, Citi analysts highlighted they see potential optionality from the…

Citi warns 'rolling recessions' will shake global economy in 2023

yahoo.com The global economic outlook for 2023 is murky at best, economists at Citi warn. "As we survey the prospects for the global economy, we see many reasons for concern,…

Jim Cramer's top 10 things to watch in the market Wednesday: Fed's Powell, data on Alzheimer's drug, tech earnings

cnbc.com My top 10 things to watch Wednesday, Nov. 30, 2022 It's the last day of November, and the Dow and S & P 500 are poised to log their second straight month of gains. The…

Citi sees global growth to slow below 2% in 2023 By Reuters

investing.com (Reuters) - Citigroup (NYSE:C) on Wednesday forecast global growth to slow to below 2% next year, echoing similar projections by major financial institutions such as Goldman…

Citi sees global growth to slow below 2% in 2023

reuters.com Nov 30 (Reuters) - Citigroup on Wednesday forecast global growth to slow to below 2% next year, echoing similar projections by major financial institutions such as Goldman…

Dow Jones Newswires: Bilibili shares jump in Hong Kong, extending Wall Street rally

marketwatch.com Bilibili Inc. 9626, Shares of the Chinese internet giant have gained as much as 13% on Wednesday, and shares were last up 9.6% at 119.00 Hong Kong dollars (US$15.24). The…

Citi Banker Says Wall Street's Cuts Are Culls, Not Mass Pullback

bloomberg.com Citi Banker Says Wall Street's Cuts Are Culls, Not Mass Pullback Bloomberg

Rising Stars of Banking Don't Know World Without Cheap Money, Citi Executive Says

bloomberg.com Rising Stars of Banking Don't Know World Without Cheap Money, Citi Executive Says Bloomberg

Deepgram, which is building enterprise voice-recognition tech, raised a $47M Series B extension led by Madrona Venture Group, bringing its total funding to $86M

techcrunch.com Deepgram, a company developing voice-recognition tech for the enterprise, today raised $47 million in new funding led by Madrona Venture Group with participation from Citi…

Dow Jones Newswires: China property stocks rise as regulators increase support

marketwatch.com By Yi Wei Wong Chinese property developers are up in early Tuesday trade after regulators stepped up support for the embattled sector with some measures aimed at broadening…

Citi upgrades Live Nation, says a breakup is unlikely even after Taylor Swift ticket fiasco

cnbc.com Despite the recent Taylor Swift ticket debacle, Live Nation will likely avoid a much-called-for breakup, according to Citi. The ticketing giant faces scrutiny after Swift…

China protests send global stocks lower as strategists see Covid disruption persisting

cnbc.com Almost three years of lockdown measures have dragged down the Chinese economy and pushed youth unemployment to nearly 20%. - UBS strategists noted that a widening of…

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