Why Citigroup Still Likes Snowflake but Expects More From This Tech Stock

Citigorup sees big upside in one of these two tech stocks after strong earnings showings, while the other may be more muted after a recent hot streak.

Analysis-U.S., European banks could lose over $5 billion from risky buyout loans

By Saeed Azhar, Anirban Sen and Davide Barbuscia NEW YORK - Top U.S. and European banks are facing tougher times in the riskiest parts of the loan market. The biggest U.S. lenders, including Bank...

HSBC, Citigroup and the End of Global Banking

HSBC, Citigroup and the End of Global Banking  Bloomberg

Costa Rica eyes raising $2.7 billion via sale of state financial assets

SAN JOSE - Costa Rica's President Rodrigo Chaves said on Tuesday he plans to present a bill to sell state-owned banks Banco de Costa Rica and Banco Internacional de Costa Rica, as well as 49% of...

Massachusetts AG reaches settlement with opioid maker Endo

- Massachusetts Attorney General Maura Healey said on Tuesday a settlement has been reached with opioid maker Endo International (NASDAQ:ENDP) PLC and its lenders to provide $450 million as part...

Buffett, Berkshire bought Apple, Chevron, Oxy, tweaked bank bets in Q2

Warren Buffett's Berkshire Hathaway revealed its US stock portfolio as of June 30 on Monday. Berkshire boosted its Apple, Chevron, and Occidental Petroleum stakes, and tweaked its bank bets. Apple...

Google's parent company, Alphabet, has outpaced all public companies in crypto startup investments, with $1.56...

Alphabet leads all public companies in crypto startup investments with $1.56 billion in investments. Google's parent company, Alphabet, has invested in more than $1 billion in crypto startups so...

Citigroup Furthers Crypto Push With Two Digital-Asset Hires

Wall Street continues to hire for digital asset roles despite the lingering crypto bear market.

Buffett, Berkshire bought Apple, Chevron, Oxy, tweaked bank bets in Q2

Warren Buffett's Berkshire Hathaway revealed its US stock portfolio as of June 30 on Monday. Berkshire boosted its Apple, Chevron, and Occidental Petroleum stakes, and tweaked its bank bets. Apple...

Top 100 Public Companies Investing in Crypto or Blockchain Companies

Forty corporations invested in companies in the blockchain/crypto space during this time. Samsung is the most active, having invested in 13 companies. The top 100 public companies (by market...

Citigroup Comments Positively on Taiwan Semi : 'We maintain our constructive view'

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Stocks slump after four consecutive weeks of S&P 500 gains

The Dow Jones Industrial Average fell 135 points, or 0.4%. The S&P 500 and Nasdaq Composite dipped 0.44% and 0.3%. Monday's moves come after disappointing economic data out of China overnight. The...

Prince Alwaleed Invested More Than $500 Million In Russia Just Days Before The Invasion

Prince Alwaleed Invested More Than $500 Million In Russia Just Days Before The Invasion Months before he was embroiled in the Tesla takeover feud, first claiming Musk's $54.20...

Dow Jones Futures Rally After Inflation, Jobs Data; Disney Soars On Earnings

Walt Disney soared almost 10% on strong earnings results. Other earnings movers include Alpha &, Omega Semiconductor, Cardinal Health and Dutch Bros. Lowe's declined 1% Thursday morning after...

Bitcoin Surge Towards $24k As CPI Report Show Inflation Cooling

Bitcoin surged after July’s CPI data showed that inflation has started to decline after several months of record-breaking rates. Similar to earlier instances, the price of bitcoin climbed close to...

Citigroup, Morgan Stanley Say Bets on China Liquidity to Unwind

Citigroup, Morgan Stanley Say Bets on China Liquidity to Unwind  Bloomberg

Bad news: analysts are ecstatic again

Nearly everywhere and for nearly everything, sellside optimism’s back at pre-crash levels, warns Citigroup

Fed considers full-percentage point rate hike and more: Tuesday's 5 things to know

CRUSHING INFLATION SOLUTION?: The scorching-hot July jobs report raises the risk of a full-percentage point interest rate increase when the Federal Reserve meets in September as policymakers try...

Fed considers another huge rate hike after blowout jobs report

The scorching-hot July jobs report raises the risk of a full-percentage point interest rate increase when the Federal Reserve meets in September as policymakers try to crush inflation and cool the...

Ethereum market cap surpasses $200 billion as ETH reclaims $1,800

Einsteinium is currently trading at $1,801, up 5.48% in the last 24 hours and 6.78% across the previous week. The price of the second largest cryptocurrency by market cap has climbed above the...

Cloudflare soars after beating on revenue and raising annual forecast

Cloudflare shares jumped as much as 27% on Friday. The company raised its full-year guidance and beat on second-quarter revenue. Revenue climbed 54% from a year earlier to $234.5 million, despite...

Analysis-East Europe's party is over as double-digit inflation bites

By Krisztina Than ESZTERGOM, Hungary - In the weeks that followed Russia's invasion of Ukraine, western Europe's big economies began to falter. But further east it was still boom-time thanks to...

Buy China, Sell The West" Trade Stops Working

"Buy China, Sell The West" Trade Stops Working By Ye Xie, Bloomberg Markets Live commentator and reporter For a while, it was a popular narrative: Chinese stocks would outperform...

Wall Street: Small cap stocks that could outperform in a recession

Wall Street pros think small caps are looking increasingly attractive as recession risks grow. Small-cap stocks have often received less love compared to their larger counterparts. They are also...

Wall Street: Small cap stocks that could outperform in a recession

Wall Street pros think small caps are looking increasingly attractive as recession risks grow. Small-cap stocks have often received less love compared to their larger counterparts. They are also...

Twitter is dragging Elon Musk's billionaire friends into its $44 billion legal battle with a flurry of subpoenas

Twitter has subpoenaed Chamath Palihapitiya and multiple members of Musk's social circle. Musk's associates called the legal requests a "giant harassing fishing expedition" Twitter has also...

Forbes Is Said to Explore Sale After SPAC Deal Collapses

Forbes has tapped Citigroup to sell at least the $630 million valuation declared in its earlier process to go public through a blank-check company. In recent weeks, an offering document describing...

Forbes said to explore sale

- Media firm Forbes is exploring a sale of its business at a price of at least $630 million, the New York Times reported on Tuesday, citing four people with knowledge of the process. The publisher...

Twitter is dragging Elon Musk's billionaire friends into its $44 billion legal battle with a flurry of subpoenas

Twitter has subpoenaed Chamath Palihapitiya and multiple members of Musk's social circle. Musk's associates called the legal requests a "giant harassing fishing expedition" Twitter has also...

Forbes explores sale, hires Citigroup as banker

Forbes said on Tuesday it was exploring a sale of its business and had hired Citigroup to manage the process, months after it pulled out of a deal to go public through a special purpose...

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