Citigroup

SanDisk Corporation (NASDAQ:SNDK) is trading lower on Tuesday as memory-and-storage names slide amid capacity crunch fears and a risk-off tone hits growth-leaning tech. The pullback reads like a sympathy move tied to broader storage-supply concerns rather than a SanDisk-specific headline. •...

Quantum stocks have been on fire this week thanks to World Quantum Day and new announcements from NVIDIA Corporation (NASDAQ:NVDA). When it comes to picking the best quantum stock, Citron Research is doubling down on their pick and telling investors that Nvidia CEO Jensen Huang is also tipping his...

Citigroup Inc. (NYSE:C) has been added to the list of banks preparing Elon Musk's SpaceX initial public offering (IPO), according to Bloomberg. The company is reportedly preparing to confidentially file for an IPO as soon as next month, targeting a June listing that could raise up to $50 billion,...

Citigroup (NYSE:C) announced Monday that it will offer employees in eligible roles the option to work fully remote for two weeks in August. What Happened: Chief Human Resources Officer Sara Wechter issued a memo, shared by Business Insider, explaining why the company chose August for this policy: "...

Major brokerages have gone back on their U.S. recession forecasts after a 90-day tariff pause between U.S. and China. What Happened: Goldman Sachs reduced its U.S. recession odds from 45% to 35%, and Barclays ruled out a recession completely. J.P. Morgan now predicts the likelihood at less than 50...

Discount retailer Dollar Tree Inc. (NASDAQ:DLTR) was riding high on Monday, ending the day up 7.8% following a surprise upgrade by Citi Research, which calls it one of the ‘silent beneficiaries’ of the widespread trade tariffs imposed by the U.S. Government over the past week. What...

The year 2024 saw the U.S. stock market make new records, with major indices breaching key milestones. While many stocks witnessed a stellar rally this year, analysts still expect some blue-chip equities to rise further as they forecast a better return potential. Dow’s Performance In 2024 The...

Citigroup Inc. forecasts a blip in the ongoing stock market rally, which has been unfolding since the U.S. presidential elections. As per the strategists at Citigroup, the rally fueled by Donald Trump‘s return to the White House will lose steam as investors start to book profits. What...

Texas Instruments Inc (NASDAQ:TXN) might be gearing up for a substantial upside. Citigroup increased its price target for its stock from $200 to $235. Analyst Christopher Danely upgraded the stock from Neutral to Buy. Additionally, JPMorgan analyst Harlan Sur has outlined a potential 30% surge in...

Goldman Sachs Group, Inc. (NYSE:GS) shares are trading lower on Tuesday. The bank has reportedly hired veteran investment banker Matt Beitzel, who previously led Citigroup’s North American banks coverage, as a partner in its financial institutions group. Beitzel will join Goldman Sachs in...

Hedge funds are now turning to the U.S. dollar for carry trades after pulling back from the Japanese yen for bets on emerging markets two weeks ago, according to CitiGroup. Investors retreated from using the yen for this investment strategy two days after the Bank of Japan raised interest rates...

A small group of artificial intelligence (AI) stocks played a large part in sending the S&P 500 to historic performance in 2024. While there are all-time highs and rapid share price appreciation in the AI play, some experts are skeptical that the rally can continue. The AI Analyst: In a Monday...

Influential investor and CEO of Gerber Kawasaki Wealth, Ross Gerber, has expressed skepticism over the blame often placed on cryptocurrencies in the face of regulatory concerns. What Happened: On Monday, Gerber took to X, formerly Twitter, to share his views on the ongoing debate around...

Electric vehicle company Polestar Automotive Holding (NASDAQ:PSNY) will report unaudited first-quarter financial results on Tuesday, July 2. The company will also report second-quarter global volumes on Tuesday. Earnings Estimates: Analysts expect Polestar to report first-quarter revenue of $737.57...

The tech sector is witnessing an unprecedented surge in bullish bets, with the highest levels in three years, according to analysts at Citigroup. However, chances of a sudden pullback from investors also loom large. What Happened: Citigroup’s Chris Montagu, in a recent note to clients, noted...