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The Latest Breaking News from Citi

Rachel Reeves told she needs £25 billion tax increases to avoid austerity

Rachel Reeves may need to raise up to £25 billion from tax increases if she wants to keep spending rising with national income, the Institute for…

The National (Scotland)

Carnival, IBD Stock Of The Day, Breaks Out As Cruise Lines Sail On Q3 Momentum

Carnival Cruise is Wednesday's IBD Stock Of The Day, breaking out on bullish analyst comments. Several other cruise line stocks rallied.

Investors Business Daily

Royal Caribbean, Norwegian Rocket On Target Hikes; Lead S&P 500

Cruise line stocks spike after analysts raise price target for Royal Caribbean, upgrade Norwegian Cruise Line. NCLH breaks out.

Investors Business Daily

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Robinhood Stock Breaks Out. Can A Cup Have Two Handles?

Robinhood rallies to break out after a string of target hikes from analysts ahead of Q3 results. HOOD stock nearly doubled in 2024.

Investors Business Daily

Las Vegas Sands Leads Casino Rally On Good News Out Of Macau

Las Vegas Sands stock, Wynn Resorts, Melco pop following a Citigroup report on Macau casino performance during China's Golden Week holiday.

Investors Business Daily

IBD Stock Of The Day: Reddit Breaks Out Ahead Of Social Media Player's Earnings Test

Reddit stock is pushing past a cup-with-handle buy point as the social media player's third-quarter earnings report date approaches.

Investors Business Daily

Who has time for a power lunch? The real business happens at 4 p.m. 'power hour.'

In the post-covid era, the bars of some of Manhattan's most elegant restaurants are packed by 4:30 p.m. Just don't call it "happy hour."

Fortune

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Amazon Setting Up, Robinhood Makes Bullish Move: Five Stocks Near Buy Points

Amazon stock eyes a buy point as it trends to record highs. Robinhood stock, Mastercard, more set up as stock market resumes uptrend.

Investors Business Daily

Citigroup And Apollo Team Up For $25B Private Credit, Direct Lending Program

The companies say they 'expect strong client demand and maintain the flexibility to significantly expand the size of the program.'

International Business Times

Macau High Rollers Boost These Casino Stocks. Here's Why.

Macau is seeing a resurgence in gambling as wagers already outpace 2023 bets. The number of high rollers is rising. Casino stocks jump.

Investors Business Daily

DOJ Slaps Visa With Antitrust Suit; Credit Cards Shape Up, Metrics Improve

Visa stock slumped Tuesday as the DOJ filed an antitrust lawsuit over its debit card business. Credit card stocks near buy points.

Investors Business Daily

Citi behind environmental racism: report

A Citi spokesperson strongly disputed findings that their investments in fossil fuels are harming people

Salon

Citigroup's China Expansion Plans Hit After Failing To Fix Data Management, Risk Control Issues: Report

The fines have hindered the bank's ability to comply with licensing regulations in China. And, to expand its operations into China, the bank needs a clearance letter from the U.S. Federal Reserve.

International Business Times

3 Semiconductor Stocks to Buy on the Dip

As Fed Chair Powell might say, the semiconductor sector's recent pullback represents a recalibration rather than the start of a downturn. With foundational support from AI advancements and a stabilizing economy, investors might want to buy the dip on these chip stocks.

Barchart

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Fortune

The Wall Street economist who nailed the Fed's 'joyous' rate cut sees the same thing again

"In other contexts, a larger move may convey greater concern about growth, but Powell repeatedly stressed this was basically a joyous cut as ebbing inflation allows the Fed to act to preserve a strong labor market."

Barchart

1 'Strong Buy' Energy Stock That's a Free Cash Flow Gusher

Seadrill Limited, a leading offshore drilling company, is poised to capitalize on the industry's resurgence, with a strong free cash flow outlook and strategic market advantages that could drive significant upside.

Barchart

How Surging AI Demand Could Drive This Dividend Stock Higher

Eaton, a diversified power management company, is poised to benefit from the surging demand for AI-driven data centers, with its innovative power solutions and strong dividend growth making it an attractive investment opportunity.

Barchart

1 Analyst Says This AI Stock Will Overshadow Nvidia

The new product launch bodes well for the future of this AI stock.

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Barchart

Should You Buy This Dividend Stock with Almost 4% Yield That Could Double in Value?

Citigroup stock has a forward dividend yield of 4%. Wells Fargo believes that the stock could double over the next two and a half years as the company's CEO Jane Fraser tries to turn around the lender.

Barchart

Up 1,123% YTD, Is It Too Late to Buy This Breakout Biotech Stock?

Summit Therapeutics is a clinical-stage biotech company that has returned over 1,100% in 2024. Is the stock still a good buy right now?

Barchart

2 Top AI Stock Picks That Aren't Nvidia

There is more to AI than just Nvidia, as analysts have named these stocks their new favorites.

Barchart

Palantir's S&P 500 Inclusion: A Buy Signal or a Sell the News Opportunity?

Palantir surged on news that it's joining the S&P 500 Index. But is this the perfect buy signal, or a ‘sell the news’ moment?

Investors Business Daily

Alaska Airlines Hikes Outlook. These Industry Metrics Are Improving.

Alaska Airlines followed JetBlue and upgraded its Q3 outlook. Airline stocks gain altitude off August lows. United stock eyes buy point.

International Business Times

Boat Dealer MarineMax Sees Shares Surge After Citi Puts A Buy On Stock

Analyst James Hardiman told clients that the company could benefit when the Federal Reserve cuts its benchmark interest rate.

Broadcasting & Cable

‘What We Do in the Shadows’, ‘Blue Bloods’, ‘Walking Dead: Daryl Dixon’ Among Shows Featured at PaleyFest NY

Tom Selleck, Caitriona Balfe, Norman Reedus, Gayle King will talk up their programs at October festival

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