News

(Bloomberg) -- Equity investors are learning a harsh lesson this corporate earnings season: Not all artificial intelligence trades are created equal.Most Read from BloombergSingapore's Gated Island for the Rich Is Marred by Decayed HomesMoonshot’s Kimi Uses 20,000 Nvidia Chip Cluster From AlibabaTrump Orders Iran Attack as Soon as This Weekend, WSJ SaysAnthropic AI Models Hacked Three Organizations During TestsVitol, Cargill Cut Ties With Radiant World Amid Fake Invoice ConcernsWhile profits at

Scarce supply is transforming an overlooked AI infrastructure trade

Most reporting banks in the US have beaten earnings forecasts for the second quarter, driven by favo

Citigroup (C) has drawn investor attention after its stock fell 7% following second quarter 2026 earnings, even though the bank reported higher net interest income, net income, and diluted earnings per share compared with a year earlier. See our latest analysis for Citigroup. That post earnings drop sits against a mixed price pattern for Citigroup, with a 1 week share price return of 2.2% and an 11.4% year to date share price return, alongside a 1 month share price decline of 6.8% but a 1...

Citigroup stock dropped 7% post-earnings.

If big bank earnings are any indication, consumers are doing fine despite the headwinds.

Wall Street banks are having their best run in over a decade, while Blackstone Inc. (NYSE:BX), heading into its second-quarter earnings today, has missed nearly all of it. Banks Pull Ahead of Private Capital Shares of the largest U.S. private capital groups have slumped more than 15% this year and over 20% in the past […]

JPM, GS and C stand out after strong Q2 results, upbeat 2026 outlooks and improving earnings estimates.

Net income surged 45% as revenue hit a decade high of $24.8 billion.

Capital One is due to report after Tuesday’s close. The bank’s vast card business is crucial for the bank and offers a broad look at how consumers are doing.

(Bloomberg) -- This week will offer the clearest picture yet of the Iran war’s impact on the world’s biggest oil field service providers, with the likes of SLB Ltd., Baker Hughes Co. and Halliburton Co. all expected to take hits to their bottom line.Most Read from BloombergUS Strikes Iran in Escalating Campaign After Troops KilledThousands of Trucks Haul Iraq’s Oil Through Syria in Sign of Hormuz LegacyUS Strikes Iran to ‘Punish’ It for Attack That Killed 2 TroopsTrump Silent So Far on Iran Plan

Earnings results showed generally solid credit health among borrowers, strong dealmaking activity, and blowout trading numbers.

So far in the Q2 cycle, several companies, including Micron and Citigroup, have been standouts, whereas preliminary results from IBM have been disappointing.

The banking giant just showed off its profit engine, but now it has to prove this new power is permanent.

Q2 earnings season kicked off with the big banks swinging for the fences, and Jefferies sees four dividend-paying giants still leaving serious upside on the table despite the rate uncertainty clouding the second half of 2026.

Micron's strong results and major bank earnings are driving a robust start to Q2, reinforcing positive corporate earnings momentum.

While we are still in the opening stages of the Q2 reporting cycle, the early results strongly reinforce the robust corporate earnings trend we've been seeing, with the big banks starting off the Q2 earnings season with remarkable momentum.

Wall Street cleared this earnings season’s first major hurdle with room to spare, as the nation’s biggest banks pummeled profit forecasts. “Bank earnings are often described as a scoreboard for the financial sector,” said Ruben Dalfovo, investment strategist at Saxo Bank. “They are more useful as an economic medical examination, and the early numbers suggest the patient remains active, and dealmaking appears healthier.”

IBM stock has its worst day ever, PayPal gets a takeover offer, big banks see deal boom time, and more news to start your day.

The headline numbers for Citigroup (C) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.

Citi says its strong Q2 reflects a stronger franchise and is using the momentum to accelerate investments aimed at supporting more durable returns.

Citigroup Inc (C) reports a decade-high quarterly revenue of $24.8 billion, driven by robust performance across all segments and strategic investments for future growth.

Moby summary of Citigroup Inc.'s Q2 2026 earnings call

Citigroup stock dove, reversing earlier gains, after the earnings call raised more questions for investors. The bank’s earnings print beat estimates, but during the earnings call Citi maintained its 10% to 11% full-year return on tangible common equity outlook, an important metric for the industry. Citigroup was the worst performing name within the State Street Financial Select Sector ETF, dragging the ETF back to just above the flatline.

C stock gains nearly 1.8% in early trading after Q2 earnings beat estimates on higher NII, fee growth and gains across all five core businesses.

Citigroup (NYSE:C) reported a stronger second quarter of 2026, with management pointing to broad-based revenue growth, improved returns and continued capital returns, while cautioning that second-half results could be affected by normal seasonality and a deliberate increase in investment spending.

Citigroup Inc (NYSE:C) on Tuesday reported second-quarter revenue that topped Wall Street estimates, fueled by strength in fixed income trading and investment banking. The bank posted revenue of $24.77 billion for the quarter, ahead of analysts' average estimate of $23.74 billion, according...

Net income rose to $5.8 billion, or $3.15 per share, topping all 20 analyst estimates as equities trading revenue climbed 45%

Bank stocks were rising Tuesday morning after the nation’s largest banks reported strong second-quarter earnings due to powerhouse results from investment banking units which have reaped the benefits of a surge in dealmaking activity. “We thought the 2Q earnings were going to be very good, but they turned out to be extraordinary,” Macrae Sykes, portfolio manager of the GABF ETF at Gabelli Funds, said in a statement. The KBW Bank Index was up 1.75%, while the benchmark S&P 500 index was up 0.28%.

The headline numbers for Citigroup (C) give insight into how the company performed in the quarter ended June 2026, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.