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The Latest Breaking News from Citi

Wall Street's view of a 'Kevlar economy' has just been shattered, but red flags were lurking under the radar

"Something always goes wrong eventually — whether it’s a risk hiding in plain sight or something you couldn’t see coming."

Fortune

CoreWeave (CRWV) Stock Is Surging Thursday: What's Driving The Action?

Shares of AI infrastructure firm CoreWeave Inc (NASDAQ:CRWV) are soaring in Thursday morning trading after receiving a vote of confidence from Citigroup.

Benzinga

What Are Wall Street Analysts' Target Price for Citigroup Stock?

Citigroup has substantially outperformed the broader market over the past year, and analysts remain optimistic about the stock’s prospects.

Barchart

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How abortion travel benefits have so far survived Trump’s second term, and why they’re more necessary than ever

Three years ago, companies adopted benefits to help cover the costs of travel for employees who needed an abortion but lived in a state where the procedure was banned. Here's what has happened to those benefits since then.

Fortune

Stocks falter as EU-US trade deal rally fizzles out

The deal, struck at talks in Scotland over the weekend, will see US tariffs of 15% on most imports from the EU.

Evening Standard

Citi Strata Elite Unveiled: Can Its £450 Annual Fee Outshine Chase Sapphire Reserve?

Citi's Strata Elite, launched 27 July 2025, offers £450 fee, AA miles transfers, and £380 in credits to rival Chase Sapphire Reserve's perks.

International Business Times UK

Citi Strata Elite Credit Card Launched To Attract Affluent Customers: Here's How It Stacks Up Against Amex Platinum, JPMorgan Chase Sapphire Reserve

Citigroup Inc.‘s (NYSE:C) new Strata Elite credit card will be launched on Monday, which will be competing against JPMorgan Chase Co.‘s (NYSE:JPM) Chase Sapphire Reserve and American Express Co.‘s (NYSE:AXP) Platinum cards.

Benzinga

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Citi Exec on Paid Paternity Leave Says 'Silence Is Complicity' Over Gaza—Then Deletes LinkedIn Post After Corporate Pressure

Akshay Singal posted on LinkedIn that he does not support the situation unfolding in Gaza, attaching photos of malnourished children in Gaza.

International Business Times UK

‘Draconian, unethical,’ and ‘soul-killing’: Citi takes leaf out of Goldman’s loyalty oath playbook

The investment banking saga continues as Citigroup asks new analysts to disclose future job offers.

Fortune

Microsoft’s AI Bet Faces a Major Test This Earnings Season

Microsoft stock is rallying into earnings, but the outlook for Azure and OpenAI will determine whether the breakout has room to run

MarketBeat

Is This Dividend Stock Still a Buy After Rising Nearly 46% in 3 Months?

Citigroup shares have gained nearly 46% over the last three months. The stock has an attractive dividend yield of 2.6% which is higher than most large banks in the U.S.

Barchart

Top economist sounds the alarm even louder on the housing market and says homebuilders are 'giving up'

"A big tell is that many builders are delaying their land purchases from the land banks. New home sales, starts, and completions will soon fall."

Fortune

An elite new JP Morgan unit is driving deals for sports teams and stadiums—and bringing in billions

JPMorgan estimates that it has financed well over $10 billion in sports-related deals since 2021.

Fortune

When Jamie Dimon was fired from Citigroup, his daughters asked: 'Will we be homeless? Can I still go to college? Can I have your phone?'

Jamie Dimon recalls his 1998 firing from Citigroup and how buying $60M in Bank One stock marked his comeback to lead JPMorgan Chase as CEO.

Fortune

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Barchart

Stocks Muted Before the Open as Investors Await U.S. Retail Sales Data, Netflix Earnings on Tap

September S&P 500 E-Mini futures (ESU25) are up +0.05%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.13% this morning, pointing to a muted open on Wall Street after yesterday’s volatile session, with attention now turning to U.S. retail sales data and an earnings report from streaming giant Netflix.

Fortune

JPMorgan Chase’s new fees for data could ‘cripple’ crypto and fintech startups, executives warn

Kraken Co-CEO Sethi calls JPMorgan fees a toll that limits what can be built.

International Business Times

Stablecoins Are Eating The Dollar's Lunch—Or Are They?

The U.S. must ensure that stablecoin issuers are transparent, accountable, and properly integrated into the broader financial system. That includes rigorous audits, robust liquidity protections, and seamless integration with banking regulation.

Benzinga

Why Citigroup Is Still The Best Value Bet In Large-Cap Banking

Citigroup (NYSE:C) has kicked off earnings season with strong second-quarter 2025 results, prompting several Wall Street analysts to reiterate positive ratings and raise price forecasts for the banking giant.

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MarketBeat

Rocket Lab Gets New Street-High Price Target from Citi

Citigroup boosted Rocket Lab with a new Street-high price target of $50, citing strong momentum and substantial projected revenue growth.

Fortune

Citi CFO leans into AI as Q2 earnings surge past expectations

Mark Mason shared insights on the company’s performance and client outlook.

Benzinga

Jane Fraser Says Citigroup Exploring Launch Of Citi Stablecoin — CEO Says Dollar Pegged Cryptos 'Next Evolution' Of Payments

Citigroup Inc. (NYSE:C) CEO Jane Fraser revealed the company’s intention to issue a stablecoin on Tuesday as part of the banking giant’s broader dive into digitization.

Evening Standard

FTSE 100 falls back after passing 9,000 milestone

US consumer price inflation accelerated in line with expectations in June.

Benzinga

Citigroup Q2 Revenue And Profit Jumps, CFO Says Recession Risk Has Fallen

Citigroup (NYSE:C) reported on Tuesday that the second-quarter fiscal 2025 revenue growth was 8% year-over-year and was $21.7 billion, beating the analyst consensus estimate of $20.9 billion. This growth was driven by each of the five interconnected businesses.

International Business Times UK

'Working With Indians Was a Nightmare': Citi Employee Fired After 12 Years Over Alleged Racist Comment

A London-based Citigroup employee fired for allegedly saying 'working with Indians was a nightmare' is suing for unfair dismissal and race discrimination, claiming his remark was misinterpreted and taken out of context.

Benzinga

Rocket Lab (RKLB) Stock Hits New All-Time High As Citi Boosts Price Target

Rocket Lab USA Inc (NASDAQ:RKLB) shares hit a new all-time high in early Monday trading, fueled by a price target increase from Citigroup. The investment bank maintained its Buy rating on the aerospace manufacturer while raising its 12-month price target from $33 to a bullish $50 per share. Here’s what…

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