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The Latest Breaking News from Citi

FTSE 100 falls back after passing 9,000 milestone

US consumer price inflation accelerated in line with expectations in June.

Evening Standard

Citigroup Q2 Revenue And Profit Jumps, CFO Says Recession Risk Has Fallen

Citigroup (NYSE:C) reported on Tuesday that the second-quarter fiscal 2025 revenue growth was 8% year-over-year and was $21.7 billion, beating the analyst consensus estimate of $20.9 billion. This growth was driven by each of the five interconnected businesses.

Benzinga

'Working With Indians Was a Nightmare': Citi Employee Fired After 12 Years Over Alleged Racist Comment

A London-based Citigroup employee fired for allegedly saying 'working with Indians was a nightmare' is suing for unfair dismissal and race discrimination, claiming his remark was misinterpreted and taken out of context.

International Business Times UK

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Bank Of America Rises On Earnings; JPMorgan's Dimon Sees Strengths And Risk

JPMorgan led flurry of bank earnings Tuesday with Wells Fargo, Citigroup and more. Bank of America, Goldman Sachs and Morgan Stanley followed Wednesday.

Investors Business Daily

Rocket Lab (RKLB) Stock Hits New All-Time High As Citi Boosts Price Target

Rocket Lab USA Inc (NASDAQ:RKLB) shares hit a new all-time high in early Monday trading, fueled by a price target increase from Citigroup. The investment bank maintained its Buy rating on the aerospace manufacturer while raising its 12-month price target from $33 to a bullish $50 per share. Here’s what…

Benzinga

ProKidney Just Set a New 52-Week High. Should You Buy, Sell, or Hold PROK Stock Here?

As ProKidney hits a fresh 52-week high, can it sustain momentum through late-stage trials, or should investors stay cautious amid the market’s mixed view?

Barchart

Boeing Stock Rises, Analysts Adjust Targets After Air India Crash Progress

Boeing stock sees a number of price target hikes ahead of Q2 earnings. Dow Jones manufacturer cleared in Air India crash.

Investors Business Daily

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Citi Sees 30% Upside In Circle Stock, Backs USDC Issuer As Key Player In Stablecoin Market

Circle Internet Group Inc. (NYSE:CRCL), the issuer behind USDC (CRYPTO: USDC), has been a standout in the stock market this year, and the latest endorsement from Citigroup Inc. (NYSE:C) suggests that the company’s upward trajectory is far from over.

Benzinga

Miners help propel FTSE 100 to new record high

Mining stocks climbed after US President Donald Trump said he would enact a 50% copper tariff in August, sending copper prices higher.

Evening Standard

Nvidia Scores Another Sovereign AI Win. How Should You Play NVDA Stock Here?

A Citi analyst raised their price target on Nvidia shares to $190, citing sovereign AI demand. Easing supply chain bottlenecks could unlock further upside in NVDA stock as well.

Barchart

Why Citi Thinks Micron Stock Is Headed to $150 After Earnings Beat

Citi and many other Wall Street analysts see exceptional long-term potential in this semiconductor stock.

Barchart

SPACs are back: This year’s crop of blank check companies lack celebrity sponsors, and that’s likely a good thing

SPACs were all the rage in 2021 but a series of dodgy offerings soured investors. Is this time different?

Fortune

BofA analyst raises price target for Citi to $100, takes bullish view of Fraser’s restructuring

The analyst said recent changes are paying off and making the bank more competitive

Fortune

Banking on AI: Firms such as BNY balance high risk with the potential for transformative tech

Every Wall Street bank is looking for an edge in this cutthroat sector. Can AI deliver?

Fortune

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Barchart

Cathie Wood Is Dumping Palantir Stock at Record Highs. Should You?

Cathie Wood recently sold more than $7 million worth of Palantir stock – and valuation concerns suggest PLTR shares are risky at current levels.

Barchart

Constellation Energy Soared on Its Huge Meta Platforms Deal. Why Some Analysts Aren’t Convinced.

Constellation Energy's stock has soared after signing a 20-year nuclear power deal with Meta Platforms, but some analysts are skeptical about the company's long-term growth prospects.

International Business Times UK

Citigroup Restricted Services to Gun Sellers—Now Makes Dramatic U-Turn After Pressure from Trump

Citigroup has reversed its 2018 gun-sale restrictions amid pressure from Donald Trump and Republican states. Find out what this means for banks and US gun policy.

The Independent UK

Trump is going after LGBTQ rights and big companies have responded by shunning Pride Month

After years of showy tributes and accusations of ‘rainbow-washing’, US companies are shrinking back for fear of Donald Trump, Io Dodds reports

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Investors Business Daily

S&P 500 Nuclear Stocks Receive Price Target Hikes Following 20-Year Meta Deal

More nuclear power deals could be on the horizon, according to analysts.

Barchart

Salesforce Reports a Strong Quarter. Can the Stock Touch $440?

Q1 results showcase this Software-as-a-Service stock is poised for a comeback.

Barchart

AI Warning: Why Analysts Think It May Be Time to Sell Reddit Stock

A Wells Fargo analyst just pumped the brakes on Reddit, citing Google’s evolving AI Search as a silent disruptor.

The Guardian - US

Scared advertisers, flag bans and Trump: the US is in for a troubled Pride 2025

Event organizers in red and blue states have seen an exodus of sponsors amid an anti-LGBTQ+ political climate. They insist the show will go on

Kiplinger

Kiplinger Readers' Choice Awards 2025: Cash Back Credit Cards

In our 2025 Readers' Choice Awards survey, readers evaluated financial providers. Find out which cash back credit cards came out on top.

Fortune

Housing may soon flash a recession warning as investment cracks under the weight of high rates

“Housing activity looks set to contract in Q2 after advancing only weakly in Q1.”

Barchart

Is AMD Stock a Buy, Sell, or Hold on ZT Systems Sale?

Citi says AMD’s planned divestiture of ZT Systems could help it compete better with Nvidia. But its $100 price target indicates potential downside of more than 10% from here.

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