Fear of crisis is at its peak in the crypto market-Citi reports mentioned According to the reports from Citi, officials have shown a fear factor of contagion in the crypto market because o...
Tag: Citi
$2,200,000,000,000 Banking Giant Citi Says Crypto Contagion Has Likely Passed: Report
An analyst from banking titan Citigroup is reportedly saying that the crypto contagion that has impacted the industry over the last several months is likely over. In a recent note to clients as cited ...
Citi Report Suggests Worst Is Over For Crypto Liquidity; Bitcoin Is Back
An American multinational bank in its recent findings revealed that the coming future for the top cryptocurrency looks positive. Citi bank in its recent study concludes that the crypto market might ha...
Bitcoin ‘Back With A Vengeance’ – Crypto Liquidity Crisis Is Over, Citi Report Suggests
Bitcoin could be seeing the proverbial light at the end of the tunnel, at least that’s what a major American multinational investment bank is saying on its latest findings. Multiple evidence indicate ...
New Citi Report Suggests Crypto Contagion Is Finally Over
Citi believes that crypto contagion has peaked, and according to its new report, a number of indicators suggests so. According to a Thursday research report by Citi, crypto contagion may have ended, a...
Citi analyst views Microsoft as a solid recession-proof stock
Microsoft (NASDAQ: MSFT), along with the vast majority of other tech companies, is not expected to be immune to the effects of an economic downturn. Yet, its resilience and growth could cement their ...
Delta Air Lines could be a $57 stock: Citi analyst
Shares of Delta Air Lines Inc (NYSE: DAL) are up roughly 6.0% on Monday after a Citi analyst opened a 90-day “positive catalyst watch” on the legacy U.S. air carrier. Delta Air Lines stock...
Citi Beats Estimates With Trading Revenue, Pauses Buybacks
(Bloomberg) — Citigroup Inc. is collecting a windfall from tumultuous international markets, even as a dimming economic outlook and Russia’s invasion of Ukraine pose billions of dollars in risks...
Stocks gain after retail sales, Citi earnings top estimates
U.S. stocks rallied Friday as Wall Street attempted to shake off this week’s losses. Sentiment was buoyed by better-than-expected retail sales data and a strong earnings report from Citigroup (C). The...
Citi sees a surprising stock market rally into year-end
As recession fears swirl on Wall Street, Citi says corporate profits may surprise many later this year. And the stock market’s performance should follow. “We see room for U.S. equities to ...
2 media stocks Citi sees as potential buys despite recession fears
No two recessions are alike, the only things that they have in common are that they’re painful and that value destruction occurs. With a possible recession on the way, numerous investors are concerned...
Buffett Bought More of Occidental. Here’s What Happened With HP, Citi, Coke.
Text size Warren Buffett has losses as well as wins on his record of stock picking. AFP via Getty Images Billionaire investor Warren Buffett disclosed that he has increased his stake in Occidental Pet...
Citi to launch Bitcoin custody services for institutional investors
Today (June 22), Citi made the announcement that it has chosen METACO as the partner to develop and trial digital asset custody capabilities. Through this agreement, METACO’s technology and digital so...
Citi Turns Bullish On Boeing
Reuters ‘Never say never’: Boeing open to GE-Safran’s new engine concept Boeing Co could embrace new engine technology for its next new airplane program, vital to fending off arch-ri...
Citi upgrades Boeing to a buy citing BA’s ability to meet production and profitability targets
On June 16, Boeing (NYSE: BA) was upgraded from a Hold to a Buy/High Risk with a price target of $209. This upgrade hinges on the aerospace giant’s ability to resolve its medium-term risks, while the ...
Nokia stock outlook: Citi sees upside to €6.50 a share
Shares of Nokia Corporation (HEL: NOKIA) down roughly 20% versus the start of the year are significantly undervalued, a Citi analyst suggested in his bullish note this morning. Nokia stock has a 45% u...
Citi: ‘United Airlines is more likely to surprise people on the upside’
Shares of the United Airlines Holdings Inc (NASDAQ: UAL) are roughly flat for the year, but a Citi analyst is convinced “revenge travel” will result in a significant upside for the stock m...
Citi CEO Says US Will Find It Difficult to Avoid a Recession
(Bloomberg) — Citigroup Inc. Chief Executive Officer Jane Fraser said the US will have difficulty avoiding a recession, though a severe downturn is not the bank’s “base-case” scenario. Most Read...
Citi Says Triple-Digit Oil Should Be Near $70 as Recession Looms
Reuters Yellen says she was ‘wrong’ about inflation path; Biden backs Fed WASHINGTON (Reuters) -U.S. Treasury Secretary Janet Yellen said on Tuesday that she was wrong in the past about th...
Citi analyst explains why Dell could ‘outperform’ from here
In an environment that has many sounding an alarm on the PC market at large, a Citi analyst expects Dell Technologies Inc (NYSE: DELL) to be an outperformer moving forward. There’s more upside i...
We ‘have reached peak bearishness’ on recession and Fed fears, Citi says
After a couple of days of strength in stocks, one Wall Street investment bank thinks the worst is behind investors — for now. “Over the near term, our high level takeaway is that the equity mark...
Is It Time to Buy Stocks Again? Why Citi Says Yes.
Text size Can investors finally stop worrying about a bear market? Photo by MORRIS MAC MATZEN/AFP via Getty Images It’s been a long slog this year for the plummeting stock market. Citigroup’s model th...
Space industry is on its way to $1 trillion in revenue by 2040: Citi
A Falcon 9 rocket carries 49 Starlink satellites toward orbit on Feb. 3, 2022. SpaceX The space industry should reach $1 trillion in annual revenue by 2040, with launch costs dropping 95%, Citigroup a...
Zoom (ZM) nosedives as Citi reduces price target on the stock
Zoom Video Communications (NASDAQ: ZM) fell during the market open on May 16 as Citi (NYSE: C) reduced its price target for the company to $118. Competition with Microsoft’s (NASDAQ: MSFT) Teams was ...
Banking Giants Citi, BNY Mellon and Wells Fargo Lead $105,000,000 Raise for Crypto Infrastructure Firm
The latest major funding round for crypto trading infrastructure firm Talos is raising $105 million from investors including banking giants Citi, BNY Mellon and Wells Fargo. In a new press release, th...
Citi, Wells Fargo, BNY Mellon Invest in Crypto Firm Talos as Institutional Adoption of Digital Assets Accelerates – Finance Bitcoin News
Several major financial services firms, including Citi, Wells Fargo, and BNY Mellon, are investing in institutional digital asset technology provider Talos, which aims to remove “the barriers to wide-...
Citi, Wells Fargo, BNY Mellon Invest $105 in Crypto Infrastructure Firm Talos
Talos’s valuation has reached $1.25 billion after the latest $105 million Series B funding round led by global growth equity firm General Atlantic. Other Investors include Stripes, BNY Mellon, Citi, W...