Citi analysts reaffirmed their Buy rating on Meta Platforms Inc. (NASDAQ:META) with a steadfast price target of $753.00. The endorsement comes amid escalating uncertainties for rival TikTok, following a U.
JPMorgan notched a record profit of $58.5 billion, up from $49.6 billion in 2023, America’s biggest bank reported on Wednesday. Goldman Sachs said its profits soared to $14 billion in 2024, compared to $8.5 billion a year earlier.
Top donors to Trump's inauguration fund, which may raise a record-breaking sum, will gain access to Trump and Vice President-elect J.D. Vance during a suite of high-end festivities in the weekend prior to Trump's swearing in on Jan. 20, according to media reports.
NEW YORK (Reuters) -Wall Street CEOs voiced confidence on Wednesday that the incoming U.S. administration would be business-friendly and good for banks as they reported a profits surge after dealmaking and trading picked up.
Citigroup said on Friday it was expecting a rally in global equities to extend into 2025, as falling interest rates and easing inflation could help prop up corporate earnings.
As we head into earnings season, investors are wondering if 2025 might be another excellent year for bank stocks. Citigroup and Charles Schwab appear to be compelling names at this point in the industry cycle,
Shares of the third-largest U.S. lender were last up 5 per cent in premarket trading on Wednesday after Citigroup said its board has authorized a new share repurchase program
Jan 8 (Reuters) - Wall Street giant Citigroup (C.N), opens new tab plans to contribute an as-yet undisclosed sum to President-elect Donald Trump's inauguration fund, according to a person familiar ...