Citi

Shares of Youdao Inc (NYSE:DAO) fell slightly following the company's fourth-quarter results, mainly on profit-taking with the stock having climbed almost 45% over the past month. The results came amid an exciting earnings season. Here's a deep dive into Youdao's financial release. Analyst Ratings...

Two of the world's largest financial institutions, Citi and Société Générale, are making strides in blockchain technology and unveiling new initiatives that could reshape traditional banking processes. During a recent panel at Benzinga's Future of Digital Assets event, Citi’s Ioana Niculcea...

The private credit market is witnessing a transformation as blockchain technology enables tokenization at an unprecedented pace. Provenance Blockchain Labs, led by CEO Anthony Moro, is driving this shift by facilitating the tokenization of home equity lines of credit (HELOCs). According to Moro,...

As blockchain technology continues to make strides in the financial industry, bridging the gap between decentralized digital assets and established financial systems has become a growing priority. Adam Guren, founder and CIO of Hunting Hill Global Capital, views this shift as a promising but...

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...

The integration of blockchain into traditional financial systems is expanding rapidly. Major institutions such as Citi, JPMorgan and Mastercard are making substantial investments, signaling a potential transformation in finance. Ian Horne, head of content at Money20/20, shared his views on the...

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...

Goodman Group, an Australian industrial property firm, is gaining favor with investors as it shifts its focus to AI data centers. This move has led to a significant surge in its stock price, with Citi predicting a double-digit growth in earnings. What Happened: Goodman Group is converting its...

Technology giant Apple Inc (NASDAQ:AAPL) kicked off its Worldwide Developers Conference (WWDC) Monday, highlighting new features for iPads and iPhones and a deeper push to integrate artificial intelligence on products. Here's what analysts are saying after the event. The Apple Analysts: Needham...

British regulators have imposed a hefty fine on Citigroup Inc (NYSE:C) for its trading control failures. What Happened: The UK’s banking and financial regulators have penalized Citigroup with a fine of over $78.5 million for its trading system and control shortcomings, reported Reuters. The...

Citi has flagged S4 Capital (OTC:SCPPF) as a high-risk yet potentially rewarding investment opportunity. What Happened: Despite the recent challenges faced by S4 Capital, a UK-based digital advertising and marketing services company, Citi analysts believe that the stock could witness a significant...

Shipping and logistics company FedEx Corp (NYSE:FDX) is set to report second-quarter financial results after market close Tuesday, Dec. 19. Here's a look at the earnings estimates, what analysts are saying and key items for investors to watch. Earnings Estimates: FedEx is expected to report second-...

Citi analyst Asiya Merchant reiterated a Buy rating on Dell Technologies Inc (NYSE: DELL). With Dell’s stock significantly outperforming peers and trading at a modest valuation premium to peers, investors were skeptical as to whether near-term commentary could sustain...