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The Latest Breaking News from Citi

Boat Dealer MarineMax Sees Shares Surge After Citi Puts A Buy On Stock

Analyst James Hardiman told clients that the company could benefit when the Federal Reserve cuts its benchmark interest rate.

International Business Times

‘What We Do in the Shadows’, ‘Blue Bloods’, ‘Walking Dead: Daryl Dixon’ Among Shows Featured at PaleyFest NY

‘What We Do in the Shadows’, ‘Blue Bloods’, ‘Walking Dead: Daryl Dixon’ Among Shows Featured at PaleyFest NY

Tom Selleck, Caitriona Balfe, Norman Reedus, Gayle King will talk up their programs at October festival

Broadcasting & Cable

Merck Dives After Summit — Up 56% — Sneaks In With Keytruda-Walloping Punch

Merck Dives After Summit — Up 56% — Sneaks In With Keytruda-Walloping Punch

Merck stock tumbled Monday after Summit Therapeutics' cancer drug outperformed blockbuster Keytruda in a study of lung cancer patients.

Investors Business Daily

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The job market is flashing a classic pattern that means a recession is coming, Citi says

“The takeaway from the range of labor market data is clear—the job market is cooling in a classic pattern that precedes recession.”

1 'Strong Buy' Semiconductor Stock to Buy on the Dip

This semiconductor stock has pulled back sharply from its June highs, but with a bullish consensus rating, solid dividends, and impressive upside potential, it looks like a buy-the-dip opportunity.

Is Apple Stock Set to Steal Nvidia's AI Momentum?

With the launch of Apple’s latest iPhone model this month, can the tech giant steal Nvidia's AI spotlight?

Coinbase CFO says Kamala Harris is using firm to accept crypto donations

Speaking at Citi’s 2024 Global TMT Conference, Coinbase chief financial officer Alesia Haas says the exchange has increased its policy spend leading up to the election

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How big banks battle for customers who are absurdly loyal to their financial institutions

How big banks battle for customers who are absurdly loyal to their financial institutions

The average American stays with their bank for 17 years.

Abercrombie Clears Earnings, Hikes Outlook, Shares Tumble

Abercrombie Clears Earnings, Hikes Outlook, Shares Tumble

Abercrombie & Fitch leads retail earnings Wednesday. Results for Foot Locker, Lululemon, Birkenstock, Ulta Beauty, discount stores are due.

Investors Business Daily

'Get A Machine Gun And Kill Them All!': July Video Shows Alleged Citi Employee Explode At Protestors

'Get A Machine Gun And Kill Them All!': July Video Shows Alleged Citi Employee Explode At Protestors

A Citigroup employee's aggressive outburst towards protesters blocking the bank's New York headquarters has sparked outrage, intensifying tensions between the financial giant and environmental activists demanding an end to fossil fuel financing.

International Business Times UK

To Repair Its Reputation, Citibank Must Fix Its Culture

To Repair Its Reputation, Citibank Must Fix Its Culture

Citigroup has been hit with a torrent of suits and scandals in recent years -- all centered on the abusive way the bank has treated its customers.

International Business Times

Dow Jones Falls After Jobless Claims; Nvidia Rallies On Bullish Comments (Live Coverage)

Dow Jones Falls After Jobless Claims; Nvidia Rallies On Bullish Comments (Live Coverage)

Stock Market Today: The Dow Jones fell Thursday after weekly jobless claims. Nvidia stock rallied on bullish analyst comments.

Investors Business Daily

Walmart Stock, Macy's, TJX In Motion As Retailers Move The Market

Walmart Stock, Macy's, TJX In Motion As Retailers Move The Market

Walmart offloaded its stake in JD.com. TJX, Macy's diverge after their earnings reports. TJX broke out. Dollar stores, Gap climb.

Investors Business Daily

Citi and Wells Fargo join $31 million funding round for loan startup Setpoint

Citi and Wells Fargo join $31 million funding round for loan startup Setpoint

Setpoint sees a big opportunity in replacing the Excel sheets that companies and their credit facilities use to update the status of thousands of loans.

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International Business Times

NY Eco Activists Turn Up Heat On Citi Over Polluting Investments

Environmental campaigners in New York have kept up a campaign of direct action against one of the city's foremost banking empires, Citi, accusing the group of fueling the climate crisis.

3 Semiconductor Stocks Feeling the Pressure from Intel's Big Miss

Semiconductor stocks, such as AMAT and KLAC, could feel the impact of Intel's big miss in Q2 of 2024.

The Guardian - US

Cello-playing climate activist arrested at New York Citibank protest as crackdown escalates

Second activist also arrested during ‘summer of heat’ protest against second largest financier of fossil fuels

In lawsuit, broker alleges Citi trader sexually harassed her for years

Christine O’Reilly’s supervisor at ICAP ignored her complaints to protect a client who was bringing in millions, suit claims.

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The Guardian - UK

GSK’s health is improving. Shame about the legal heartburn

Emma Walmsley’s overhaul seems to be delivering the goods even if US worries have left the share price becalmed

4 reasons the CEO of ‘laughingstock’ Citi is suddenly laughing all the way to the bank

America’s largest banks are destroying the S&P 500, beating it by an average of 67%, but the perennial underperformer Citi is now leading the way.

International Business Times

US Fed Could Open The Door To A September Rate Cut This Week

The US Federal Reserve may signal this week that interest rate cuts are on the way -- although it is widely expected to remain on pause until its next rate decision in September.

International Business Times UK

Four Executives Who Helped Nvidia Lead The AI Race and Return 750% In Stock Gains Since Early 2023

Over 29,000 people work at Nvidia globally, each having an important role. However, some stand out due to their leadership qualities, resilience, and innovations.

Exclusive: Lakera snags $20 million to prevent business Gen AI apps from going haywire and revealing sensitive data

Lakera announced today it has raised $20 million, led by European VC Atomico, with participation from Citi Ventures and Dropbox Ventures.

Americans Embrace Thrifty Culture, Brag About Bargains In New Survey‌

42% eager to share great finds, 71% prioritize price over quality when shopping online.‌

Investors Business Daily

This Dow Jones Giant Is Actionable After 17% Run In 2024, But Flat Q2 Earnings Expected

Two heavy machinery plays are back above their 50-day moving averages, signaling a buy opportunity for investors.

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