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Financial Services Roundup: Market Talk
The Wall Street Journal34d agoneutral
Financial Services Roundup: Market Talk

Find insight on China’s property sales growth, St. James’s Place, Sovereign Wealth and more in the latest Market Talks covering financial services.

Exclusive: Citi to Earn Roughly $70 Million Fee on SK Hynix Listing
The Wall Street Journal34d agoneutral
Exclusive: Citi to Earn Roughly $70 Million Fee on SK Hynix Listing

Investment bankers at Citigroup are set to earn a roughly $70 million fee for their work on SK Hynix’s U.S. listing, according to people familiar with the matter. SK Hynix raised $26.5 billion through its American depositary receipt sale. The ADRs are expected to start trading Friday on the Nasdaq under the ticker “SKYHV.”

Citi’s Endorsement And Cash Focus Might Change The Case For Investing In PDD Holdings (PDD)
Simply Wall St.34d agoneutral
Citi’s Endorsement And Cash Focus Might Change The Case For Investing In PDD Holdings (PDD)

In early July 2026, Citi named PDD Holdings one of its top picks among Chinese internet companies, pointing to what it sees as attractive valuations and resilient cash generation across the sector. Citi also underscored PDD’s sizeable cash and equivalents of about US$63.00 billion and growing AI capabilities as key supports for its long-term business strength. We’ll now explore how Citi’s endorsement and emphasis on PDD’s substantial cash reserves may influence the company’s existing...

PDD Holdings (PDD) On Citi Backing And A Narrative That Still Looks Undervalued
Simply Wall St.34d agoneutral
PDD Holdings (PDD) On Citi Backing And A Narrative That Still Looks Undervalued

PDD Holdings (PDD) is back in focus after Citi included the stock among its top picks, pointing to strong cash generation and sizeable liquidity even as Chinese internet valuations sit near multi year lows. See our latest analysis for PDD Holdings. Those Citi comments come after a mixed stretch for PDD Holdings, with the stock gaining 2.7% on a 1-day basis but sitting well below earlier highs. This is reflected in a 90-day share price return that declined 15.7% and a year-to-date share price...

MARA Is Up 19% Today: Is It Outperforming Other Crypto Stocks Like Riot and CleanSpark?
24/7 Wall St.35d agobullish
MARA Is Up 19% Today: Is It Outperforming Other Crypto Stocks Like Riot and CleanSpark?

Shares of Marathon Digital (NASDAQ:MARA) are up 18% in midday trading Thursday, changing hands at $14.27. The move puts Marathon Digital stock at the top of the crypto miner leaderboard on July 9, 2026, ahead of peers Riot Platforms (NASDAQ:RIOT), CleanSpark (NASDAQ:CLSK), and TeraWulf (NASDAQ:WULF), all of which are also higher. The rally caps a ... MARA Is Up 19% Today: Is It Outperforming Other Crypto Stocks Like Riot and CleanSpark?

Bloomberg35d agoneutral
SK Hynix Said to Guide US Offering Price 3.1% Above Korea Close

(Bloomberg) -- SK Hynix Inc. is telling investors it intends to price its US listing at $149 per American depositary receipt, according to people familiar with the matter, despite recent volatility in the Korean memory chipmaker’s shares.Most Read from BloombergMicrosoft’s Xbox to Shift Obsidian Studio to New ‘Fallout’ Video GameNvidia’s $1 Trillion Slide Sends Valuation to Pre-AI Boom LevelsTrump Vents Anger With Iran and Warns Ceasefire May Be ‘Over’US Military Launches Strikes on Iran for Sec

Citi Sees Buying Opportunity in PDD
Insider Monkey35d agobullish
Citi Sees Buying Opportunity in PDD

PDD Holdings Inc. (NASDAQ:PDD) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On June 27, Citi said that China’s major internet companies have become unpopular with investors this year as money has shifted toward AI chipmakers. However, the bank believes the recent decline in these stocks has gone too far […]

Citigroup (C) Gets Higher Price Targets From Truist and Wells Fargo
Insider Monkey35d agoneutral
Citigroup (C) Gets Higher Price Targets From Truist and Wells Fargo

Citigroup Inc. (NYSE:C) is one of the 12 Most Profitable Cheap Stocks to Buy Right Now. On June 26, Truist increased its price target for Citigroup Inc. (NYSE:C) from $147 to $158 while keeping its Buy rating on the stock. This update comes as part of a broader research note on universal and regional banks. […]

Costco quietly makes a key credit card change
TheStreet36d agoneutral
Costco quietly makes a key credit card change

Costco treats credit cards differently from pretty much any other major retailer. Instead of taking any credit card and offering its own branded card with bonus perks, the chain has an exclusive credit card partner. For a long time, the warehouse club worked exclusively with American Express and ...