C241108P61000
- 0.01
- 0.000.00%
Citigroup Newsroom
Citigroup Insider Sold Shares Worth $909,675, According to a Recent SEC Filing
Top 20 trading volumes in US stocks on November 13: Musk will lead the efficiency department of the Trump administration.
On Wednesday, Tesla topped the US stock market with a trading volume of $41.359 billion, closing up 0.53%. On the same day, Donald Trump, the elected president of the usa, announced that Musk will collaborate with us entrepreneur Vivek Ramaswamy to lead the proposed Department of Government Efficiency (referred to as DOGE), which will pave the way for dismantling government bureaucracy, reducing excessive regulation, cutting wasteful spending, and restructuring federal institutions. There are also reports that Musk will attend Trump's House Republican meeting. Additionally, the National Highway Traffic Safety Administration (NHTSA) disclosed on November 13 that due to a power inverter failure, it may be...
Bitcoin Gets Closer to $100k Than Ever | Wall Street Today
Citigroup Options Spot-On: On November 13th, 132.98K Contracts Were Traded, With 2.43 Million Open Interest
Klarna IPO Emerges as Fintechs Gain Traction and Bankers Signal More Interest in Stock Debuts
Bitcoin Breaks Above $90k, Market Flat Wednesday | Live Stock
Citigroup Partners With Bank Of Shanghai To Simplify Payments For Travelers In China: Details
Merger Activity Is Down 40% From Its Peak. Citigroup CEO Jane Fraser Sees a 'Big Unlock' Ahead.
Castle Investment warns headhunters: Do not recommend fictitious positions.
Castle Investment has warned external recruiters not to promote non-existent positions. Previously, there were allegations that a top headhunting company misled some global banks' traders, leading them to share confidential information. According to insiders, Ken Griffin's investment firm has recently emailed headhunters, reminding them not to disclose confidential information about Castle Investment or request such information from its employees. Due to the sensitivity of the matter, insiders have requested anonymity. Castle Investment, with approximately 3,000 employees, has instructed headhunters not to share any confidential information about other companies in the industry or distort it.
Deutsche Bank Adjusts Price Target on Citigroup to $70 From $65, Keeps Hold Rating
Analysts warn: if OPEC+ cancels production cuts, oil prices may plummet to $40 next year.
Market observers indicate that if the oil alliance OPEC+ cancels existing production cuts, crude oil prices could drop significantly. Tom Kloza, the global energy analysis director at oil price reporting agency OPIS, stated: "Concerns about oil prices in 2025 are greater than I recall in any year since 2010." "If OPEC cancels production cuts and does not reach any real agreement to control output, oil prices could fall to $30 or $40 per barrel. Their market share has indeed been shrinking over the years." If oil prices drop to $40 per barrel, it would mean a decline from the current price.
Citi: Maintains a "buy" rating on Kuaishou-W with a target price of HK$67.
Citi released a research report stating that it maintains a "buy" rating on Kuaishou-W (01024) with a target price of 67 Hong Kong dollars. The company reported strong year-on-year growth in its Singles' Day sales e-commerce GMV (gross merchandise volume), with e-commerce shelf commodity GMV increasing by 110% year-on-year, a 94% year-on-year increase on the first day of promotions, and search GMV growing by 119%. According to its performance indicators, Citi believes that Kuaishou's GMV growth during Singles' Day could exceed the bank's expected 14% year-on-year growth for Q4 2024. However, with a slowdown in growth during the off-season outside of Singles' Day, this may imply that Citi's Q4 2024 GMV forecast is expected.
Citigroup: Maintains a 'buy' rating on Vtech Holdings with a target price of 65 Hong Kong dollars.
Citi released a research report stating that it maintains a target price of HKD 65 for vtech holdings (00303) and a "buy" rating. The company's revenue for the first half of the period ending September 2025 decreased by 4.5%, and net profit fell by 6.6% to USD 87.4 million. The report states that the company's revenue was below expectations, primarily due to adjustments in the sales of the acquired company Gigaset. The bank expects the initial contribution of sales from Gigaset to account for about 4% of vtech holdings' total sales. Management indicated that Gigaset's performance in October has improved compared to before the acquisition, so Gigaset has already begun to break even.
Traders increase their bets on buying put USA government bonds, as Trump's policies are expected to reignite inflation.
Traders are increasing their bets on further declines in the USA Treasury market, expecting that the policies promised by Trump will reignite inflation and keep US interest rates high. Data released on Tuesday showed that open interest contracts for two-year note futures rose for the fourth consecutive trading day. This indicates that traders are building put positions after the election and before the release of October inflation data on Wednesday. As short positions expand, US bonds were sold off, with yields rising more than 10 basis points across the board on Tuesday. An indicator of the return rate on government bonds has narrowed the year-to-date gains by only 1.4%. Citi strategist David Bieber in the report.
Citigroup CEO Says Its `game on' for M&A in the U.S. Post Election
Citigroup Options Spot-On: On November 12th, 201.54K Contracts Were Traded, With 2.4 Million Open Interest
Tuesday Market Finally Slows Down, Takes a Post Veterans Day Breather | Live Stock
11 Bank Stocks Trading at Low Valuations, Even After Trump Bump
Citi and Bank of Shanghai Launch First-of-Its-Kind Payments Solution for International Travelers in China
Citi: Maintains a "buy" rating on sh pharma with a target price cut to 15.3 Hong Kong dollars.
Citi released a research report stating that it maintains a 'buy' rating for Shanghai Pharma (02607), with a 6%, 5%, and 5% downward revision of earnings forecasts for each year from 2024 to 2026, reflecting challenges faced by pharmacies and narrowing profit margins in the distribution business. The target price for the listed in Hong Kong shares is reduced from 16.2 Hong Kong dollars to 15.3 Hong Kong dollars. The report indicates that the company's third-quarter revenue increased by 8% year-on-year to 70 billion yuan, affected by a decrease in gross margin, with net profit dropping 6% year-on-year to 1.1 billion yuan, and the gross margin for the period decreased to 10%, compared to 10.6% in the same period of the previous fiscal year. The company's management expects to launch one innovative drug next year.