Tag: Citigroup Inc
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Sugar is outperforming the stock market this year. Here’s what’s driving it, and where it can go from here
The sweetener’s prices surged last week, reflecting a sharp deterioration in the global supply outlook.
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The big August jobs report is due out Friday. Here’s what to expect for what has been a jobless summer
August nonfarm payrolls are expected to rise by 53,000 as a subdued labor market keeps Fed attention focused on inflation.
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CrowdStrike posted record results. Citi sees sharp gains ahead
CrowdStrike is poised to see its shares go up after it posted very strong quarterly financial results on Wednesday, according to Citi.
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SEC reportedly subpoenas Wall Street banks over AI hedge fund Situational Awareness’s near collapse
The SEC is seeking information from major Wall Street banks about trades and financing tied to AI-focused hedge fund Situational Awareness.
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Wells Fargo and Citigroup have room to buy a big bank. These 5 regionals fit the bill
Citigroup and Wells Fargo have room to buy a big regional bank as regulators have opened the door to megadeals. Five regional banks make sense as targets.
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What Chinese liquor maker Moutai’s slump says about the country’s economy
Kweichow Moutai’s half-year report showed a rare drop in net profit, following the first annual drop on record.
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SpaceX stock rebounds to near $135 IPO price
SpaceX reported better-than-expected revenue in its second-quarter earnings report last week.
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Citi downgrades airline stock to ‘sell’ worries about leisure travel
Citi downgraded JetBlue Airways to sell from hold, citing headwinds for leisure travel, among other challenges for the airline stock.
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One ETF is handily outperforming the S&P 500 this year. All the stocks in it are run by women
The Hypatia Women CEO ETF hit another all-time high on Thursday. The founder explains the secret to its success.
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China’s super-rich ‘in shock’ and hunting for cash as Beijing issues surprise tax on offshore trusts
Beijing’s move to tax offshore trusts, long used by China’s ultra-rich to hold money, has set off a rush to lawyers and a scramble for cash.
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