Citigroup Options Spot-On: On July 9th, 187.74K Contracts Were Traded, With 2.22 Million Open Interest
On July 9th ET, $Citigroup(C.US)$ had active options trading, with a total trading volume of 187.74K options for the day, of which put options accounted for 25.68% of the total transactions, and
S&P 500 Hits Record Highs, Eyes 6th Straight Gain As Powell Keeps Bears At Bay; Tesla Targets 10th Consecutive Win, Bank Stocks Rally: What's Driving Markets Tuesday?
The S&P 500 index climbed to new all-time highs, rising 0.3% during Tuesday's session, aiming for a potential sixth consecutive positive close and remaining resilient after Fed Chair Jerome Powell's
10 Financials Stocks With Whale Alerts In Today's Session
This whale alert can help traders discover the next big trading opportunities.Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity
Express News | Wells Fargo up 1.6%, Citigroup up 2.7%, Morgan Stanley up 1.6%
Express News | JPMorgan Chase up 2%, Bank of America up 2.6%, Goldman Sachs up 2%
Express News | U.S. Banks Shares Rise as Fed Chair Jerome Powell's Testimony Underway
Top Midday Stories: Boeing Ups Deliveries in June, Q2; Fed Mulls Tweak That Could Save Billions for Biggest US Banks; BP Warns of $2 Billion Impairment Charge, Lower Refining Margins
The S&P 500 and the Nasdaq Composite were both up after midday trading on Tuesday, while the Dow Jones Industrial Average was down, as investors listened intently to Federal Reserve Chair Jerome
Express News | Shares of Banks Are Trading Higher Following a Report Suggesting the Fed Is Considering Updating Its GSIB Surcharge Rules
Top Seeking Alpha Quant Picks in Financial Sector as Earnings Season Looms
Can the US stock market maintain its upward trend in the second half of the year? Technology giants face a daunting task.
Driven by some of the world's largest technology stocks, the S&P 500 index performed well in the first half of the year. The question for the rest of this year is whether the strength can continue. Wall Street tilts towards technology stocks to a historical degree, and if the rally driven by Artificial Intelligence falters, the risk will increase. The overvaluation and the slowdown in profit growth add uncertainties for investors who bet on the continued rise of large technology stocks, said Lisa Shalett, chief investment officer of Morgan Stanley's Wealth Management Department. The S&P 500 index has risen 17% this year, with two-thirds of the gains coming from six stocks: Nvidia, Microsoft.
Express News | Citigroup : BofA Global Research Raises Price Objective to $76 From $75
Citigroup suggests that investors take profits on overinflated ai concept stocks.
According to Citigroup's strategist, there are no signs that the rally of AI stocks will weaken, but based on historic experience, it is time to realize profits for large-cap stocks. Strategy analysts including Drew Pettit said that confidence in AI-related stocks is at its highest level since 2019, and they expect that most of these companies will generate free cash flow beyond what analysts are predicting. Such data usually indicates that there will be "significant volatility" in the future. They also said that while there may not currently be signs of a price bubble, the rise of certain stocks is "concerning." The AI frenzy has driven the stock market to reach a record high this year.
Basel Committee Proposes Tighter Rules on Banks' Outsourced Services
A bank's board of directors should take primary responsibility for oversight of third-party services and ensure the implementation of a framework to manage the risk of outages and disruptions to
The US Federal Reserve is considering changing the additional capital rules, which could potentially relieve large US banks of billions of dollars in debt.
The Federal Reserve is considering rule changes that could save a total of billions of dollars in capital for the eight largest banks in the United States.
Bank Earnings Preview: Investment Banking Rebounds Sharply, Net Interest Income Outlook Brightens
This Friday, JP Morgan, Citigroup, Wells Fargo, and BNY Mellon are set to unveil their quarterly earnings, heralding the start of the banking industry's second-quarter report card.
Citigroup, Elanco Animal Health And A Tech Stock: CNBC's 'Final Trades'
On CNBC's "Halftime Report Final Trades," Jim Lebenthal of Cerity Partners named Citigroup Inc. (NYSE:C), which is scheduled to release earnings on Friday. "The market believes it's going to be good,
J.P. Morgan Maintains Citigroup(C.US) With Hold Rating, Announces Target Price $65.5
J.P. Morgan analyst Vivek Juneja maintains $Citigroup(C.US)$ with a hold rating, and sets the target price at $65.5.According to TipRanks data, the analyst has a success rate of 53.6% and a total
Bank of America Upgraded to Neutral at Piper on Inflecting Net Interest Income
Largest U.S. Banks May Save Billions on Fed Surcharge: Report
By Steve Gelsi Central bank is considering changes to capital layer calculations for global systematically important banks The largest U .S. banks may catch a break that will save them billions on
Federal Reserve Ponders Reducing Safety Surcharge on Important Banks
The US Federal Reserve Bank may change the way it calculates the capital requirements it imposes on the country's eight most important banks, potentially saving them billions of dollars, Reuters