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The Latest Breaking News from Citi

Apple Stock Stands Out as Smartphone Shipments Grow and Buck the Industry Trend

Apple has bucked the Q2 smartphone shipment downtrend. Where does the stock stand before earnings?

Barchart

Citi Is Bullish on Palo Alto Stock. Why More Upside Is Still Ahead for PANW Here.

The firm sees more upside for the shares of the cybersecurity major.

Barchart

Why 1 Veteran Analyst Firm Just Hiked the Price Target on Apple Stock Ahead of Earnings

Citi raised its Apple price target to $365, betting AI momentum and resilient demand will fuel further gains after earnings.

Barchart

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Citigroup CFO Says Bank Is Still Playing Catch-up in Equities

Citigroup, Inc. (NYSE:C) stock rose on Tuesday after the bank reported stronger-than-expected second-quarter results, driven by broad-based growth across its businesses.

Benzinga

Citi, others dial back India rate hike calls as inflation expected to stay moderate

Controlled inflation prompts economists to delay interest rate hike expectations. Retail inflation rose to 4.38% in June, exceeding the RBI's target. Core inflation remained around 4%, suggesting a lower annual average. This shift means the Reserve Bank of India may not tighten policy soon. Future rate hikes depend on sustained…

The Economic Times

Just Dial shares rocket 36% in two days! Why Citi, Kotak, others think Reliance-backed stock can rally up to 62%?

Just Dial shares have surged 36% in two sessions after a strong Q1 FY27 earnings report, prompting brokerages to turn bullish. Kotak sees up to 62% upside, while Citi and ICICI Securities maintain positive views, citing revenue growth, healthy cash reserves and improving business fundamentals despite near-term investment risks.

The Economic Times

Apparel exports drag India's textile and clothing exports despite growth in textile shipments: CITI

The April-June quarter also showed weak trends for these exports. Cumulative exports for the first quarter of FY27 declined year-on-year.

The Economic Times

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Citi Just Upped Its Price Target on Apple Stock. Here's Why.

Apple stock has been in a sharp uptrend in 2026, but Citi analysts led by Asiya Merchant believe AAPL shares are not out of juice just yet.

Barchart

3 Things I Like About the Costco Anywhere Visa by Citi

Kiplinger readers rated the Costco Anywhere Visa by Citi one of their favorites, and I agree.

Kiplinger

47% rally in 4 days! Kalyan Jewellers shares rise another 10%. Should you book profit?

Kalyan Jewellers shares rose sharply on Monday, extending their four-day rally to 47% after a strong Q1FY27 business update. While technical indicators remain bullish, analysts see up to 58% further upside, with brokerages citing robust demand, store expansion and the company's asset-light franchise model as key growth drivers.

The Economic Times

TCS shares rally 6% after multi-million ABB AI deal, Q1 earnings. What’s next?

Tata Consultancy Services shares climbed significantly after announcing a major AI deal. This new multi-year agreement with ABB aims to transform global network operations. The company also reported better-than-expected first-quarter earnings for the financial year. TCS posted strong revenue growth and a substantial contract value for the period. These positive…

The Economic Times

'The first time ever in my career': Senior Citi executive on why the ultrawealthy want to diversify away from America

They're not leaving the U.S. entirely, Citigroup's Darlene Patterson told Fortune. "They're just looking for more lifestyle enhancement, optionality."

Fortune

Stock Index Futures Slip as Chip Rally Fades, SK Hynix Debut in Focus

September S&P 500 E-Mini futures (ESU26) are down -0.11%, and September Nasdaq 100 E-Mini futures (NQU26) are down -0.41% this morning, taking a breather after a chip-led rally in the prior session, with all eyes on the U.S. trading debut of SK Hynix.

Barchart

Kalyan Jewellers jumps 9%, m-cap swells by Rs 13,280 crore in 3 days. What's next?

Kalyan Jewellers shares saw significant gains after a strong first-quarter business update. The company reported nearly 38% consolidated revenue growth compared to the previous year. This performance occurred despite a challenging period for gold purchases. Analysts maintain a bullish stance, citing expansion strategies and industry formalisation.

The Economic Times

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The Economic Times

TCS Q1 results after party: Infosys, Wipro, other IT stocks jump up to 4%. Why are analysts bullish despite AI worries?

IT stocks including Infosys, Wipro, HCL Tech and Tech Mahindra rose sharply after TCS delivered a better-than-expected Q1 performance. Brokerages turned optimistic, citing resilient margins, improving demand outlook, attractive valuations and growing AI-led opportunities, despite lingering concerns over discretionary spending and macroeconomic uncertainty.

The Economic Times

TCS shares jump over 3% after Q1 results. What are Morgan Stanley, Citi and other brokerages saying?

TCS shares climbed 3.5% after the IT major reported a 5% year-on-year rise in Q1FY27 net profit to Rs 13,349 crore and a 14% increase in revenue. While most brokerages retained their ratings, views remained mixed on the outlook, with optimism over AI-led growth offset by concerns around weak discretionary…

International Business Times

Samsung's Earnings Failed To Impress: Is The Late June 'Tech Sale-Off' Over?

As stocks in Asia slip again, we talked to experts and analysts to figure out which way the market could go in the future.

Benzinga

SanDisk and Micron Risk Profit Squeeze from Chinese Memory Threat

Citi Wealth’s CIO Weekly Bulletin flags a subtle but important shift in the global memory landscape: China’s domestic memory chips are now "gaining international recognition."

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Barchart

Citi Just Placed Micron on an Upside Catalyst Watch. What This Means for MU Stock.

Citi cites expectations for stronger DRAM pricing in the second half of 2026 and forecasting DRAM prices could nearly triple in 2027.

The Economic Times

Vedanta Aluminium wipes off Rs 25,000 cr worth investor wealth in under a month. Time to buy?

Vedanta Aluminium shares have dropped significantly since their listing date. This decline has erased substantial investor wealth in a short period. However, analysts maintain a positive outlook on the company's future. Structural demand for aluminium is expected to remain strong globally. The company's cost reduction initiatives are poised for future…

The Economic Times

Rs 18,000 crore crash in Trent shares explained, and should you buy the dip

Trent shares fell sharply on Tuesday, erasing nearly Rs 18,000 crore in market value, after its Q1 revenue growth of 19% missed Street estimates. While weak store productivity and slowing expansion raised concerns, most brokerages remain bullish, calling the slowdown seasonal, though Citi warns of structural challenges and intensifying competition.

The Economic Times

Global Market: Citi joins London's bullion clearing network in major precious metals expansion

Citi has joined London's over-the-counter gold market clearing network, becoming the fifth bank to do so. This significant move expands the bullion trade's settlement infrastructure, which handles approximately $160 billion in daily transactions. Citi's entry, the first in a decade, signals progress in making the market more accessible. The bank…

Fortune

How JPM's female leadership pipeline to CEO went bust

Marianne Lake's retirement from JPMorgan marked the end of the bank's chance to elevate a woman to one of the world's top jobs.

The Economic Times

Oil prices little changed as US-Iran peace efforts hold

Oil prices saw minimal change as peace talks between the U.S. and Iran offered hope for the Strait of Hormuz's reopening. Despite recent skirmishes, a potential deal is expected to hold, boosting Middle Eastern supply. Gulf producers, including Kuwait and Saudi Arabia, are increasing output, leading to a near-term oil…

Benzinga

Brent Crude Could Sink to $60 a Barrel by Year-End Despite 'Temporary Flare-Ups' Between US and Iran, Citi Analysts Say

Analysts from Citi predict a significant drop in Brent crude prices to $60 a barrel by year-end, banking on the U.S.-Iran truce to hold.

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