This stock is the 'stand-out beneficiary' of Trump's megabill, according to Citi
Trump's bill is a positive for machinery stocks, according to Citi. The bill allocates a total of $103.5 billion to construction and related spending.
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5 days ago
6 days ago
Citi raises price target on Nvidia, citing expanding AI opportunity
Malik's bullish thesis is driven by the uptick in sovereign AI demand, which refers to nations' efforts to produce and control their own AI infrastructure.
9 days ago
UBS, Citi and other banks hit with $21.5mn penalty over Singapore money-laundering case
Scandal involving island-wide seizures of gold bars and luxury cars rocked city-state’s wealth management sector
12 days ago
Jewelry sales outperform as U.S. spending for most luxury goods falters, Citi report finds
Luxury spending decreased less than feared in May, but it's too early to say that upper-income consumers have reached a turning point.
17 days ago
Have defense stocks hit their ceiling? Citi’s downgrade offers clues
European defense stocks have soared this year amid a regional push toward ramping up defense budgets.
27 days ago
Citi recommends these rare stocks that will show profitability gains this year
Citi says that return on equity, a profitability metric calculated by dividing a company's net income by shareholders' equity, is getting increasingly scarce.
33 days ago
Citi to boost provision for potential bad loans on US economic worries
US bank says figure will be up by a ‘few hundred million dollars’ from previous quarter
39 days ago
Citi plans to slash 3,500 tech roles in China as global banks cut costs
A slew of major global banks are under fresh pressure to trim costs against the backdrop of deteriorating global economic outlook.
Shares of this new China tea retailer coming to the U.S. have 40% upside says Citi
The stock is down more than 10% since the company made its public market debut on April 17.
Citi downgrades Constellation Energy after Meta nuclear deal disappoints investors
Constellation's latest nuclear deal with a tech company didn't impress the market.