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(Bloomberg) -- SK Hynix Inc. is expected to submit a statement to Korea’s financial regulator for an offering of American Depositary Receipts, according to Korea Economic Daily.Most Read from BloombergStocks Slide as Wall Street Gets AI Wake-Up Call: Markets WrapOracle Cut 21,000 Jobs in 12 Months, Says AI Replaced Some RolesSpaceX Falls for Third Day, Erases $600 Billion in Market ValueKorean Stocks Tumble 10% as Extreme Volatility Rattles Investors‘FOMO Really Got Me’: Taiwanese Go Deep Into D

SpaceX has barely settled into life as a public company, yet it’s already eyeing a $20 billion bond sale. What could that mean for SPCX investors?

Lam Research is in focus as Citi’s $450 price target highlights the company’s potential from surging NAND demand.

Anchorage Digital is giving banks a new way to move deposits onchain without forcing them to rebuild the systems th...

In the closing of the recent trading day, Citigroup (C) stood at $145.69, denoting a +1.84% move from the preceding trading day.

We just covered the 10 Best Financial Stocks to Buy According to Warren Buffett and Citigroup Inc. (NYSE:C) ranks 10th on this list. Citigroup Inc. (NYSE:C) was once a consistent feature in the 13F portfolio of Berkshire Hathaway. The fund first disclosed a stake in the company back in the first quarter of 2022. Back […]

AppLovin Stock Under Pressure After Citi Removes Bullish Catalyst Watch

Courtney Altringer helped take over her dad’s book of business when he decided to retire “cold-turkey” at age 62.

With a short percentage of shares outstanding of 2.58%, The Sherwin-Williams Company (NYSE:SHW) is among the 7 Best Building Materials Stocks to Buy for the Residential Recovery. On June 3, Citi reinstated coverage of The Sherwin-Williams Company (NYSE:SHW) with a Buy rating and a $355 price target. The firm views the current share price as an attractive entry opportunity […]

Adobe Inc. (NASDAQ:ADBE) is one of the best AI software stocks to buy according to hedge funds. Citi cut the price target on Adobe Inc. (NASDAQ:ADBE) to $228 from $264 on June 12 and reaffirmed a Neutral rating on the shares, telling investors in a research note that the company reported “relatively solid” fiscal Q2 […]

He will manage the bank’s wealth vertical in the country, including Citigold, Citigold Private Client and credit cards.

(Bloomberg) -- A gauge of Chinese equities in Hong Kong trimmed losses, supported by a rotation into financial shares as investors shifted out of artificial intelligence-linked names.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedTrump’s Fears About Economy Undercut US Leverage in I

Citigroup Inc. (NYSE:C) is included among the Top 12 Dividend Stocks to Buy According to Billionaire Cliff Asness. On June 18, Wells Fargo raised its price recommendation on Citigroup Inc. (NYSE:C) to $165 from $162. It reiterated an Overweight rating on the shares. The firm believes Citi is positioned to exceed its 2026 return on […]

(Bloomberg) -- The Iran war caused one of the biggest supply shocks to ever hit the aluminum market, but the runaway price surge that many were bracing for has been blunted by the ingenuity of producers from the Middle East to China. Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenUS and Iran Make ‘Progress’ in Talks, Aim to Keep Hormuz OpenIranian Negotiators Said to Still Be Engaged in Talks With USDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedTr

(Bloomberg) -- Wealth managers keen to stay relevant in the age of artificial intelligence may soon find that clients with a mere $1 million in liquid assets are no longer worth spending human hours on.Most Read from BloombergIran Says Hormuz Closed Again as Talks With US Set to OpenDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedRead the 14-Point Draft Memorandum Between the US and IranUS-Iran Nuclear Talks Stall Over Lebanon Before They BeginTrump’s Fears About Economy Undercut US

Citi believes the dollar-yen exchange rate is likely to move lower before the end of the year, forecasting a decline to below ¥155 per dollar despite current levels remaining close to fair value. Using a valuation model based on data from 2017 to 2025, the bank estimates fair value for USDJPY at approximately ¥161 per dollar.

Citi expects the Japanese yen to strengthen against the U. S.

(Bloomberg) -- The prospect of peace in the Middle East is setting up European stocks for a standout second half, as investors bet on stronger economic growth and easing inflation.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranUS-Iran Nuclear Talks Stall Over Lebanon Before They BeginUS Tells ASML It’s Concerned China May Have Top Chip ToolIran Floats ‘Insurance Fees’ and Asserts Control Over HormuzDOJ Rejects Judge Request to Certify $1.8 Billion Fund NixedAft

Elior Group is back in focus after analysts reduced their average price target to a range of about €2.40 to €2.90 per share, while the central fair value estimate remains unchanged at €2.46. This adjustment aligns with a more cautious stance following the profit warning, as several banks shifted ratings to Neutral or Hold and reworked their assumptions around recovery timing and execution risks. Read on to see how these updated targets fit into the broader analyst narrative and what to watch...

Citi recently initiated coverage on Figma, highlighting its AI investments, Model Context Protocol server, and evolving monetization plans, while activist investor pressure and governance questions around Anthropic’s competing Claude Design product have intensified scrutiny of the business model. Together with management’s warning of near‑term margin pressure from heavier AI spending, these developments underline how AI ambition, shareholder activism, and competitive tensions are reshaping...

C could see higher NII in a higher-for-longer rate environment, but rising funding costs, credit risks and slower loan demand may test the upside.

Jane Fraser isn’t the first CEO to try to turn around Citigroup But she might be the first to succeed where others have stalled. Under her leadership, the bank has shed some overseas banking units, cut costs, and restructured its strategy around five units: services, markets, banking, consumer cards, and wealth. Fraser, 58, has recruited talent from competitors to help spearhead her strategy.

NIKE, Inc. (NYSE:NKE) is included among the Dividend Stock Portfolio: Top 10 Stocks to Buy According to Reddit. On June 10, UBS lowered its price recommendation on NIKE, Inc. (NYSE:NKE) to $50 from $54. It reiterated a Neutral rating on the stock. Analyst Jay Sole said he sees a “slightly negative upside/downside skew” heading into […]

Today's Research Daily features new research reports on 16 major stocks, including Alphabet Inc. (GOOGL), Broadcom Inc. (AVGO) and Johnson & Johnson (JNJ), as well as two micro-cap stocks, Franklin Wireless Corp. (FKWL) and Park Aerospace Corp. (PKE).

The Federal Reserve's pivot to soften Basel III capital requirements marks a fundamental shift, loosening the regulatory noose that has constrained U.S. banks since 2008.

Financial stocks were lower in late Thursday afternoon trading, with the NYSE Financial Index easing

(Bloomberg) -- Bankers for Elon Musk’s SpaceX are preparing to hold calls with investors as soon as next week to discuss a potential bond offering on the heels of the company’s record IPO, according to people with knowledge of the matter.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USA

JPM, BAC and others face a two-sided Fed setup: higher rates may lift NII, but funding costs, credit risk and securities pressures could rise.

(Bloomberg) -- Kaes Van’t Hof, the top boss of US shale producer Diamondback Energy Inc., isn’t one to mince words on social media.Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingTrump Blows Through His Iran Red Lines in Justifying Peace DealIran’s Deputy Foreign Minister Confirms Deal Reached With USApple Plans Camera AirPods Alongside Upgraded Foldable iPhone in 2027When Joe Rogan accused energy companies

By Kanishka Ajmera and Rashika Singh June 18 (Reuters) - Citigroup has pushed back its expectation for the U.S.