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Citigroup Newsroom
Citigroup Options Spot-On: On December 13th, 120.94K Contracts Were Traded, With 2.43 Million Open Interest
Weekly Buzz: Tech stocks hit high scores on ominous day
Market Mixed on Friday the 13th | Livestock
Adobe's Earnings Reports are seen as the "key to success or failure" in demonstrating AI capabilities.
Adobe has little time left to prove to investors that it can be a winner in the AI era. The company's stock price has fallen 7.7% this year, underperforming the Index that tracks the Software Industry (which has risen more than 30% this year). Due to disappointing earnings guidance last quarter, the Earnings Reports announced after the market close on December 11 are under pressure. Adobe needs to demonstrate its ability to generate profits through its AI tools and respond to increasing competition from generative AI platforms that can create images and videos based on user prompts. "This is a critical quarter that will determine success or failure because
Real Estate Stocks Could Return 15% in 2025. Here's 5 to Consider.
RBC Capital Maintains Citigroup(C.US) With Buy Rating, Raises Target Price to $74
Trump Advisers Seek to Shrink or Eliminate Bank Regulators
International Precious Metals Futures sharply fell, with COMEX Gold Futures down by 1.87%.
International Precious Metals Futures saw a significant drop, with COMEX Gold Futures falling by 1.87% to $2705.2 per ounce, and spot Gold dropping nearly 1.6% to fall below $2680; COMEX Silver Futures declined by 4.25% to $31.565 per ounce, while spot Silver hit a low of nearly 2.6% to fall below $30.90 during the session. Gold extended its losses, as mixed economic data from the USA prompted investors to take profits after four consecutive days of rising gold prices. Citigroup forecasts that Gold and Silver will gradually return to an upward trend in the next 3-12 months, reaching $3000 and $36 per ounce respectively.
Thursday Ends in Index Declines | Wall Street Today
Bank Stocks Slip After CFPB Finalizes Overdraft Fee Rule
Piper Sandler Maintains Citigroup(C.US) With Buy Rating
Servicetitan Soars 46% in Nasdaq Debut as IPO Well Received
Market Falls Thursday, Producer Inflation Grows, and Tech Pulls Back From Records | LiveStock
Trump rang the bell at the New York Exchange, while Wall Street's CEOs and business leaders cheered "USA" beside him.
USA's elected president Donald Trump rang the opening bell at the New York Stock Exchange on Thursday, promising cheering traders and business leaders to achieve economic prosperity. When the bell rang, Trump was flanked by elected Vice President JD Vance, incoming First Lady Melania, NYSE President Lynn Martin, and his two children Ivanka and Tiffany. The audience included Goldman Sachs' David Solomon, Citigroup's Jane Fraser, Verizon's Hans Vestberg, Target's Brian Cornell, and Pershing Square's Bill Ackman. The crowd once cheered, "USA." Trump had previously...
Consumer Finance Watchdog Caps Bank Overdraft Fees
Investors in Citigroup (NYSE:C) Have Seen Respectable Returns of 51% Over the Past Year
Express News | Citigroup : RBC Raises Target Price to $74 From $67
Citi: It is reported that HSBC Holdings plans to cut $3 billion in costs during restructuring, which has a positive impact on the stock price.
Citigroup released a research report stating that HSBC Holdings (00005) plans to cut costs by 3 billion dollars in the restructuring process, which accounts for about 10% of its cost base, involving large-scale layoffs, including about 40% of 175 senior managers. The bank believes that this news will have a positive impact on HSBC's stock price, as it helps to narrow the efficiency gap between HSBC and other domestic peers outside of Hong Kong and the United Kingdom, though there are execution risks. HSBC is one of the most Bullish stocks in the bank's assessment of Hk Based Banks in Europe and Hong Kong.
Citibank gives YUE YUEN IND a "Buy" rating with a Target Price of HKD 20.3.
Citibank released a research report stating that YUE YUEN IND (00551) has seen a 10.9% increase in Revenue for its footwear manufacturing Business (MFG) year-to-date, and the situation in the first 11 months of this year aligns with the bank's expectations. Since the end of September, due to revenue growth and gross margin expansion for the fourth quarter of 2024, the MFG Sector has performed strongly, with stock prices rising over 25%, assigning a Target Price of HKD 20.3 and a 'Buy' rating.
Citigroup Options Spot-On: On December 11th, 139.52K Contracts Were Traded, With 2.36 Million Open Interest