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The Latest Breaking News from Citi

Why a proposed 10% cap on credit card interest is rattling big banks

The proposal was a major topic this week during earnings calls.

Fortune

Citi CFO Mark Mason says the bank is strong and his successor will ‘continue the momentum’

The longtime finance chief prepares to hand off the CFO role to Gonzalo Luchetti after helping steer Citi through restructuring and solid performance in 2025.

Fortune

Citigroup CEO Jane Fraser warns of job cuts and says it's time to raise the bar in a fiery memo to staff: 'we are not graded on effort'

Fortune's Most Powerful Woman on Wall Street is cutting 1,000 jobs now, with tens of thousands more to come as she says "old, bad habits" are over.

Fortune

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read the most diverse news in one place.

Citi Is Betting on Another ‘Supercycle’ in Palantir Stock. Should You Buy PLTR Here?

Citi is bullish on PLTR stock, citing the AI giant's widening moat and stellar revenue growth.

Barchart

Storage might join RAM on your PC shortage wish list — NVIDIA's new AI supercomputers will suck up millions of TB of SSDs to operate

NVIDIA's new Rubin AI supercomputers have arrived, and they're likely going to need millions of TB of NAND to scale out. Priced into the market or not, SSDs are likely about to become the next big short in 2026.

Windows Central

Is Halliburton Stock a Buy, Sell, or Hold for January 2026?

Is HAL stock a buy following the oil price spike driven by the U.S. military operation in Venezuela?

Barchart

This Dividend Stock Gained 66% Last Year. Is The 2026 Forecast as Bright?

Citigroup shares gained almost 65% last year and outperformed large-cap banking peers. However, after the rally, Citi's dividend yield is now comparable to peers, and the valuations look fair, making the risk-reward quite balanced.

Barchart

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As the EV Price War Heats Up in China, Can Nio Stock Survive 2026?

Nio is like a speculative survivor rather than a clear winner for 2026, with subsidies, record deliveries, and improving margins offset by brutal price-war consolidation, persistent losses, and only about 10% implied upside from a cautious Hold‑rated analyst consensus.

Barchart

FTSE 100 at record close despite Venezuela nerves

Defence stocks and miners climbed as the FTSE 100 closed above 10,000 for the first time.

Evening Standard

Stocks Set to Open Higher as Investors Stay Calm Despite Venezuela Tumult, U.S. Jobs Data Awaited

March S&P 500 E-Mini futures (ESH26) are up +0.27%, and March Nasdaq 100 E-Mini futures (NQH26) are up +0.64% this morning, pointing to a higher open on Wall Street despite fresh geopolitical tensions following the U.S. military operation that captured Venezuelan President Nicolas Maduro.

Barchart

Citi edges closer to Russia exit, bracing for over €1bn hit

Citi has secured internal approvals to sell its remaining business in Russia to Renaissance Capital, moving closer to an exit from the market after years of delays.

Euronews

Dear Marvell Stock Fans, Mark Your Calendars for January 7

Worries about Marvell’s future revenue from Amazon and Microsoft could be overdone.

Barchart

These 3 Banks Are Rallying Into Year-End, But Will It Continue?

Bank stocks are rallying into year-end, but while Citi still has momentum and Wells Fargo is ready to play catch up, Goldman’s rally could be topping out.

MarketBeat

Coffee, Cocoa and Sugar Markets Poised for New Phase After Volatile Period, Citi Forecasts

The bank said prices have been driven higher this year by a combination of shocks, including adverse weather in major producing countries and logistical disruptions

Latin Times

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Barchart

Dear Western Digital Stock Fans, Mark Your Calendars for Dec. 22

Leading digital storage product maker will join the Nasdaq 100 next week.

The Independent UK

Three banks where you can redeem credit card rewards for gift cards

‘Gift cards are a standard part of almost every major credit card rewards ecosystem,’ one expert said

Evening Standard

FTSE 100 up as Fed sounds softer tone than feared

After Europe’s close on Wednesday, the US central bank cut interest rates by 25 basis points as expected.

Latin Times

Mexico Records Unexpected Rise in Inflation One Week Before Expected Rate Cut

Mexico's annual inflation accelerated in November, reaching 3.80%, according to figures published by the National Institute of Statistics and Geography (Inegi).

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news in one place.

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Barchart

Forget The Fed and Buy This Dividend Stock for 2026

Citigroup stock looks like a good buy, irrespective of the Fed rate cut decision Wednesday.

Barchart

Citi Is Betting on a ‘Super Cycle’ in Airline Stocks. Here’s the Top-Rated Name to Buy Now.

Delta Air Lines trades at a discounted earnings multiple despite solid cash flow, a durable double‑digit margin outlook, and Citi’s “supercycle” call for the big three U.S. carriers, making DAL look more like a long‑term compounder than a short‑term trade.

Fortune

Next shoe in Netflix-WBD saga drops as Paramount launches hostile bid that includes Trump son-in-law Jared Kushner

Over the weekend, President Trump voiced concern over the combined market share of Netflix and Warner Bros.

Benzinga

Banks Split On Copper Outlook As Citi, JPMorgan Turn Bullish And Goldman Counters

Copper extended its recent surge on the London Metal Exchange, with benchmark futures topping $11,700 a ton. It was the strongest rally since last summer, as investors began positioning for a possible regime of phased, near-universal copper tariffs starting in 2027.

International Business Times UK

'Rich Dad, Poor Dad' Author Robert Kiyosaki Warns of Volatile Stock Market — Here's What He Said

Robert Kiyosaki claims the stock market is entering the 'biggest crash in history,' citing AI layoffs, global instability, and real-estate risks. Here's what he said and how his past predictions have played out.

International Business Times UK

FBI Veteran Says Chinese Cyberattack Monitored Every American Citizen's Movements for Five Years

Former FBI official says Chinese state-backed hackers ran a five-year cyber campaign, potentially accessing communications and tracking movements of nearly every American.

Evening Standard

Stocks end winning week up despite hit for Premier Inn owner Whitbread

Whitbread slid 11% after warning that changes to business rates in Wednesday’s Budget will materially increase costs in the next financial year.

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