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The Latest Breaking News from Citi

Earnings Preview: What to Expect From Citigroup's Report

Citigroup is expected to release its fiscal first-quarter earnings this month, and analysts project a double-digit profit growth.

Barchart

Rocket Lab: $5.6 Billion Defense Contract Fuels RKLB’s Future

Rocket Lab has been awarded a spot in the National Security Space Launch (NSSL) Phase 3 contract, allowing it to compete for U.S. DoD launch orders.

MarketBeat

Charles Schwab Upgraded To Buy As It 'Shifts To Offense'

Charles Schwab stock climbed on an upgrade Wednesday. BofA expects cautionary tone from banks for Q1 results next week.

Investors Business Daily

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2 Reasons to Buy Apple Stock and 1 Significant Risk

Citigroup remains bullish on AAPL stock; the company has plans to become a healthcare juggernaut, but in the short term regulatory concerns may weigh on revenue

MarketBeat

Apple Stock Looks Appetizing At Current Levels, Citi Says

Investment bank Citi said Apple stock looks attractive as the consumer electronics giant expands the availability of Apple Intelligence.

Investors Business Daily

Circle hires banks for long-awaited IPO, stablecoin giant expected to publicly file late April

The stablecoin giant, which has sought to go public for years, could list its shares by early summer.

Fortune

Nvidia Just Gave Micron Stock a Big Boost. Should You Buy It Now?

Down almost 40% from its 52-week high, Micron is a tech stock that trades at a cheap multiple and is poised to deliver market-beating returns to shareholders.

Barchart

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Former Citibank exec settles maternity discrimination case for £215,000

Maeve Bradley, who worked for Citibank in Belfast, lost out on expected promotion after having a baby

The Guardian - UK

Former Citibank employee settles sex discrimination case for £215,000

Maeve Bradley believed she was in line for a promotion on her return from maternity leave.

Evening Standard

Maternity leave sex discrimination case settled for £215,000

Maeve Bradley said her maternity leave cover was promoted in her absence

The Independent UK

Gold Price Hits $3,000 per ounce! Is It Too Late to Invest in Physical Gold?

For the first time ever, the price of gold has surpassed the $3,000-per-ounce threshold. Driven by escalating tensions in the Middle East, persistent trade fears, and a weakening U.S. dollar. Investors globally have sought refuge in gold as a safe-haven asset, causing prices to soar by over 15% this year.

inkl

4 Turnaround Stocks to Consider – and 2 More to Keep an Eye On

A turnaround stock is a struggling company with a strong makeover plan that can pay off for intrepid investors.

Kiplinger

Match Group CEO admits dating apps feel too much like 'a numbers game' so he's asking employees for 'unvarnished feedback' on how to improve Hinge and Tinder

Spencer Rascoff said too many people have a “false impression that we prioritize metrics over experience.”

Fortune

As The Dow Skids, Nvidia And This Aerospace Leader Rebound

The Dow Jones Industrial Average retreated 3.5% this week. Nvidia, Boeing climb to buck the trend. Analysts see 50% upside to Boeing stock.

Investors Business Daily

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Barchart

Citi Analysts: Buy These 2 Hard-Hit AI Stocks Now

Citi analysts pinpoint Micron and Broadcom as strategic buys ahead of a potential rebound.

Barchart

Trump’s Budget Plans Torpedoed Defense Stocks. Buy These 3 on the Dip.

These three stocks fell on plans for lower defense spending but now look like compelling buys.

Barchart

1 Dividend Stock to Buy for a Turnaround as the Market Sells Off

Citigroup shares fell into bear market territory on March 10. The stock has a healthy dividend yield of 3.3% and trades at an attractive valuation.

Barchart

Nvidia’s Dip Creates Buying Opportunity, Analyst Asserts ‘Risk-Reward Looks Attractive’

An analyst at Citi reiterated the broker’s bullish stance on the AI bellwether.

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The Independent UK

EPA froze 'green bank' funds worth billions, climate group suit says

A nonprofit that was awarded nearly $7 billion by the Biden administration to finance clean energy and climate-friendly projects has sued the Environmental Protection Agency, accusing it of improperly freezing its account

Investors Business Daily

Time To Buy Defense Stocks, Analyst Says. Cathie Wood Is Buying.

Citi says it's time to buy defense stocks. One name soars to lead the S&P 500. AeroVironment tumbles on earnings, outlook.

Barchart

Is Amazon Stock a Buy, Sell, or Hold Ahead of Alexa+ Launch?

Alexa’s AI makeover marks a bold new chapter for Amazon, but will it be a game-changer for the stock or just another costly experiment?

Fortune

Citi's $81 trillion mixup underscores the risks of manual processes

"Human error is inevitable," says an accounting expert.

The Independent UK

Bank error in your favor: Citigroup admits it mistakenly credited a customer $81 trillion - instead of $280.00

The bank had 10 ‘near misses’ last year of at least $1 billion, according to a report

Fortune

Citigroup's $81 trillion mistake is a warning sign 'that operational risk is still a ticking time bomb in banking,' expert says

It took three employees and several hours for Citigroup to realize it credited a customer account with $81 trillion instead of $280.

Salon

Citigroup makes $81 trillion mistake

The bank reversed the mistake several hours after making it

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