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Stock Futures Rally as Inflation Cools in June
Barrons.com33d agobullish
Stock Futures Rally as Inflation Cools in June

Stock futures picked up steam after June inflation data cooled more than expected. Nasdaq futures were up 1.3%, while S&P 500 futures were up 0.3%. Dow futures were roughly flat as investors assess what the new economic data means for the Federal Reserve.

Mizuho Keeps Outperform Rating on Block (XYZ), Backs Neighborhoods
Insider Monkey33d agobullish
Mizuho Keeps Outperform Rating on Block (XYZ), Backs Neighborhoods

Block, Inc. (NYSE:XYZ) is one of the 10 Most Promising Fintech Stocks to Buy Now. On July 9, Mizuho reaffirmed its Outperform rating on Block, Inc. (NYSE:XYZ) with a price target of $100 on the stock. The research firm said its recent survey of Cash App users to assess the potential of Neighbourhoods, the company’s […]

US Tiger Securities Upgrades Coinbase (COIN) to Buy
Insider Monkey33d agobullish
US Tiger Securities Upgrades Coinbase (COIN) to Buy

Coinbase Global, Inc. (NASDAQ:COIN) is one of the 10 Most Promising Fintech Stocks to Buy Now. On July 7, US Tiger Securities upgraded its rating on Coinbase Global, Inc. (NASDAQ:COIN) from Hold to Buy and set a price target of $200 on the stock. The research firm has a more constructive view on Bitcoin’s risk […]

Compass Point Raises Robinhood (HOOD) Price Target, Keeps Buy Rating
Insider Monkey33d agobullish
Compass Point Raises Robinhood (HOOD) Price Target, Keeps Buy Rating

Robinhood Markets, Inc. (NASDAQ:HOOD) is one of the 10 Most Promising Fintech Stocks to Buy Now. On July 7, Compass Point lifted its price target on Robinhood Markets, Inc. (NASDAQ:HOOD) from $107 to $130 and kept its Buy rating on the stock. The research firm expects the company to report an 18% EBITDA beat in […]

Is MercadoLibre (MELI) One of the Most Promising Fintech Stocks to Buy?
Insider Monkey33d agobullish
Is MercadoLibre (MELI) One of the Most Promising Fintech Stocks to Buy?

MercadoLibre, Inc. (NASDAQ:MELI) is one of the 10 Most Promising Fintech Stocks to Buy Now. On July 8, Citi maintained its Hold rating on MercadoLibre, Inc. (NASDAQ:MELI) with a price target of $1,950 on the stock. The research firm noted that MercadoLibre, Inc. (NASDAQ:MELI) continues to deliver solid credit performance, with no signs of weakening. […]

Latest News In Cloud AI - AI Revolutionizes Underwriting with Novacore and FurtherAI Partnership
Simply Wall St.33d agobullish
Latest News In Cloud AI - AI Revolutionizes Underwriting with Novacore and FurtherAI Partnership

FurtherAI, an AI workspace tailored for the insurance sector, has been chosen by Novacore as the backbone of its underwriting operations. The integration aims to enhance Novacore's efficiency by replacing outdated systems with a platform that molds to specific underwriting workflows, enabling flexibility and growth with evolving AI models. This partnership underscores a trend in Cloud AI deployment within the insurance industry, with AI-driven tools becoming central to streamlined operations...

Citigroup Earnings Jump 45%, Beat Expectations
Barrons.com33d agobullish
Citigroup Earnings Jump 45%, Beat Expectations

Citigroup’s profit in the second quarter rose 45% from a year ago to $5.8 billion, the bank said Tuesday. That amounted to $3.15 a share, topping the $2.74 that analysts expected. Revenue of $24.8 billion topped the $23.

Investing.com33d agobullish
Goldman Sachs beats estimates on strong trading revenue

Investing.com -- Goldman Sachs Group Inc. (NYSE:GS) reported second-quarter earnings on Tuesday, exceeding analyst expectations, driven by strong performance in its trading and investment banking businesses.

Rockwell Automation (ROK) Wins Hadaf Foods Deal, Is The Stock Fully Valued?
Simply Wall St.33d agobullish
Rockwell Automation (ROK) Wins Hadaf Foods Deal, Is The Stock Fully Valued?

Rockwell Automation (ROK) is back in focus after Hadaf Foods Industries in Abu Dhabi selected its Plex Smart Manufacturing Platform to support a broad digital transformation of local cheese production operations. See our latest analysis for Rockwell Automation. Despite the recent contract news, Rockwell Automation’s share price has eased in the very short term, with a 1-day and 7-day share price decline. However, a 90-day share price return of 13.62% and 1-year total shareholder return of...

Citigroup's Profit Jumps 45%
The Wall Street Journal33d agobullish
Citigroup's Profit Jumps 45%

Citigroup said its profit rose 45% from a year earlier in the second quarter. Net income came in at $5.83 billion, a 45% increase from a year earlier. That amounted to $3.15 a share, above analyst estimates of $2.

Bloomberg33d agobullish
Citi Beats Every Profit Estimate as CEO’s Rebuild Gains Steam

(Bloomberg) -- Citigroup Inc.’s stock traders notched a record revenue haul, leading a slew of the firms’ key business lines in surpassing Wall Street’s expectations.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkDisney Exiting Streaming Could Spur 40% Rally: Wells FargoOpenAI Engineer’s ‘LOL’ Moment Set Stage for Legal Fight With Apple