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Citigroup, IBD's Stock Of The Day, Flirts With Buy Point As Growth Sharply Accelerates
Investor's Business Daily55d agoneutral
Citigroup, IBD's Stock Of The Day, Flirts With Buy Point As Growth Sharply Accelerates

Citigroup is IBD's Stock Of The Day as it makes a blockchain move while executing on a massive turnaround that has sharply boosted profitability. On Thursday, the Wall Street Journal confirmed earlier reports about Citigroup rolling out tokenized shares of private companies for its wealthy and institutional clients. Basically, that means Citi will use a blockchain-based platform to convert equity in pre-IPO private companies into digital tokens.

Citi Launches Crypto Platform to Tokenize Private Company Shares
Cryptonews55d agoneutral
Citi Launches Crypto Platform to Tokenize Private Company Shares

Just in, Citi(Citigroup) is launching a crypto platform to tokenize and trade shares of late-stage private companies for institutional and eligible investors. Citi is partnering with SDX, the digital asset arm of SIX Swiss Exchange, on a permissioned distributed ledger infrastructure. The bank will act as custodian and tokenization agent, ...

Bloomberg55d agoneutral
SpaceX IPO Draws More Than $70 Billion in Retail Orders

(Bloomberg) -- SpaceX’s initial public offering has attracted more than $70 billion in orders from retail investors, according to people familiar with the matter, as the potentially record-breaking debut enters the home stretch.Most Read from BloombergXbox Plans Significant Layoffs as New CEO Plans OverhaulHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Strikes Iran in Trump Escalation Over Stalled Peace TalksOracle Falls Most in Six Months on Mounting Data Center CostsTech Stock

Citigroup Is Rolling Out Tokenized Shares of Private Companies
The Wall Street Journal55d agoneutral
Citigroup Is Rolling Out Tokenized Shares of Private Companies

Citigroup is establishing a way for its wealthy and institutional clients to trade shares of private companies through a blockchain, a venture it hopes will be adopted by other banks across Wall Street. The bank said it is in discussions with some of the largest private companies to get involved. The venture is intended to broaden access to private firms at the same time companies are taking longer to go public, and Wall Street has been in a frenzy over the coming blockbuster stock-market debuts of SpaceX, Anthropic and others.

Equinix Inc (EQIX) Added to Citi’s Focus List. Here’s What That Means
Insider Monkey56d agoneutral
Equinix Inc (EQIX) Added to Citi’s Focus List. Here’s What That Means

Equinix Inc (NASDAQ:EQIX) is one of the best data center stocks to invest in according to billionaires. Equinix shares have gained more than 45% over the past six months, and analysts still see upside potential in the stock. On June 3, Equinix Inc (NASDAQ:EQIX) was added to Citi’s Focus List. This is a high-conviction compilation […]

Citi Sees the S&P 500 Hitting 8,100 – 2 ‘Strong Buy’ AI Stocks It Says Could Surge Alongside It
TipRanks56d agobullish
Citi Sees the S&P 500 Hitting 8,100 – 2 ‘Strong Buy’ AI Stocks It Says Could Surge Alongside It

First-quarter earnings season is now in the rearview mirror, and with the second quarter entering its final stretch, investors are beginning to focus on what comes next. One theme, however, continues to dominate the market narrative: AI.Introducing TipRanks MCP for Agents Deliver institutional-grade market data directly into Claude, ChatGPT, Cursor, and other MCP-compatible AI tools. Designed for personal research, portfolio monitoring, and AI-assisted investment workflows. AI has already been a

Bloomberg56d agoneutral
SpaceX IPO Is Said to Be More Than Four Times Oversubscribed

(Bloomberg) -- SpaceX’s initial public offering has attracted demand for more than four times the available shares, according to people familiar with the matter, ahead of the Elon Musk-led rocket, satellite and artificial intelligence firm stopping taking orders.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’Stocks Fall as US-Iran Tension Spurs Rally in Oil: Markets WrapUS Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopt

Trump Praises Citigroup and CEO Jane Fraser
The Wall Street Journal56d agoneutral
Trump Praises Citigroup and CEO Jane Fraser

President Trump congratulated Citigroup and its CEO Jane Fraser on making a “BIG comeback,” a rare instance of praise for a big bank while his administration spars with the industry. “Wow! CITI was ranked Number 1 in topping M&A Advisory Market by Value in Q1.

Bloomberg56d agoneutral
Trump Lavishes Praise on Citi for M&A Ranking It Doesn’t Have

(Bloomberg) -- President Donald Trump turned into a M&A enthusiast, with a surprise shout-out for Citigroup Inc. Chief Executive Officer Jane Fraser.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’US Launches Strikes Against Iran After Helicopter Shot DownUS Strikes Iran After Helicopter Downed, Testing Peace TalksStocks Pare Tech-Led Drop as Rotation Gains Speed: Markets WrapStocks Waver as US-Iran Tensions Offset CPI Relief: Markets WrapTrump touted a metri

How The Bureau Veritas (ENXTPA:BVI) Investment Story Is Shifting With Mixed Analyst Signals
Simply Wall St.56d agoneutral
How The Bureau Veritas (ENXTPA:BVI) Investment Story Is Shifting With Mixed Analyst Signals

The updated fair value estimate for Bureau Veritas has shifted from €32.03 to €31.73, a small but meaningful adjustment in the current analyst view. That move fits with recent research that combines an upgrade and list changes with several target cuts, including a €5.65 reduction from Citi and a removal from Goldman Sachs’ European Conviction List. As you read on, you will see how these signals align and what to watch as the story around the stock continues to evolve. Wall Street's queuing...

Steward Partners Recruits $2.4 Billion UBS Breakaway Team
Barrons.com57d agoneutral
Steward Partners Recruits $2.4 Billion UBS Breakaway Team

Steward Partners, a large New York registered investment advisory firm, has notched a big personnel win, bringing on a $2.4 billion wealth management team from UBS Zelniker Dorfman Private Wealth, based in New York and Florida, joined Steward on June 5, according to registration records. Steward announced the move on Tuesday. Steward, which ranked No. 9 on Barron’s 2025 list of top RIA firms, says Zelniker Dorfman is the largest team it has brought onto its M&A channel from a national brokerage firm in its history.

Citi Remains Bullish on Seagate Technology (STX) – Here’s Why
Insider Monkey57d agoneutral
Citi Remains Bullish on Seagate Technology (STX) – Here’s Why

Seagate Technology Holdings Plc (NASDAQ:STX) is one of the best NASDAQ stocks to buy and hold for 3 years. Citi lifted the price target on Seagate Technology Holdings Plc (NASDAQ:STX) to $1,150 from $740 on June 2 and maintained a Buy rating on the shares. The firm raised its estimates in the hard disk drive […]

Citi Remains Bullish on Western Digital Corporation (WDC) – Here’s Why
Insider Monkey57d agoneutral
Citi Remains Bullish on Western Digital Corporation (WDC) – Here’s Why

Western Digital Corporation (NASDAQ:WDC) is one of the best NASDAQ stocks to buy and hold for 3 years. Citi lifted the price target on Western Digital Corporation (NASDAQ:WDC) to $685 from $500 on June 2 and maintained a Buy rating on the shares. The firm raised its estimates in the hard disk drive space, citing […]

SpaceX IPO Draws Orders for Multiple Times the Shares Available
Bloomberg57d agoneutral
SpaceX IPO Draws Orders for Multiple Times the Shares Available

(Bloomberg) -- SpaceX's initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm's debut gets closer.Most Read from BloombergHouse Republican Says Hegseth's D-Day Remarks 'Inappropriate'Stocks Pare Tech-Led Drop as Rotation Gains Speed: Markets WrapOpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race

Bloomberg57d agoneutral
SpaceX IPO Draws Orders for Multiple Times the Shares Available

(Bloomberg) -- SpaceX’s initial public offering has attracted demand from institutional investors for multiple times the available shares, according to people familiar with the matter, as the Elon Musk-led rocket, satellite and artificial intelligence firm’s debut gets closer.Most Read from BloombergHouse Republican Says Hegseth’s D-Day Remarks ‘Inappropriate’OpenAI Joins a Massive AI IPO Pipeline Now Worth $3.6 TrillionLA Mayor Race Flips as Socialist Beats Reality TV Star PrattTrump’s $100,000