Citigroup is a leading global financial services company that provides a wide range of financial products and services to consumers, corporations, governments, and institutions around the world. It operates through various segments, including global consumer banking, institutional clients, and treasury and securities services. The firm offers services such as investment banking, wealth management, credit cards, loans, and other financial solutions, leveraging its extensive international presence and a deep understanding of diverse markets to facilitate transactions and support clients' financial needs. Through its commitment to innovation and customer service, Citigroup aims to help clients thrive in an increasingly complex financial landscape. Read More
Shares of blockchain infrastructure company Coinbase (NASDAQ:COIN) jumped 3.9% in the afternoon session after the company announced a collaboration with Citigroup to develop digital asset payment capabilities for its institutional clients. The partnership aimed to make it easier for large companies and financial firms to move money between traditional bank accounts and cryptocurrencies. This collaboration focused on improving the bridges between the traditional financial system and the crypto world. The companies also planned to explore using stablecoins for faster global payments.
The U.S. housing market is holding its breath as mortgage rates hover near a significant three-year low, a compelling backdrop to the highly anticipated Federal Reserve interest rate decision slated for this week. This sustained period of lower borrowing costs presents a dual-edged sword: a potential boon for prospective
The U.S. rates market was abuzz last week following reports of a significant block trade involving a substantial volume of U.S. Treasury securities. Executed quietly and swiftly, the colossal transaction has sent analysts and investors scrambling to decipher its implications, with many pointing to a likely strategic maneuver
Shares of latin American e-commerce and fintech company MercadoLibre (NASDAQ:MELI) jumped 6% in the afternoon session after investor optimism grew ahead of its upcoming Q3 earnings release, fueled by a new partnership in Brazil and positive momentum in its fintech business.
Shares of off-price retail company Ross Stores (NASDAQ:ROST)
jumped 3.1% in the afternoon session after an analyst at Wells Fargo raised the company's price target to $180 from $175, while keeping an Overweight rating on the shares. The analyst, Ike Boruchow, noted that the stock was one of the firm's favorite long ideas. Wells Fargo also mentioned it was raising its estimates and confidence levels as it saw a fundamental improvement in the company's story. This positive view from the analyst helped send the stock to a new 52-week high during the session.
Today, Citi and Coinbase announced their intention to collaborate on digital asset payment capabilities for Citi’s institutional clients and explore additional global clients in the future, further solidifying both companies’ market leadership in payment solutions. The initial phase of their collaboration focuses on fiat pay-ins/pay-outs, supporting Coinbase's on/off-ramps1—the bridge between traditional fiat and digital asset ecosystems—along with payments orchestration. Additional details on specific initiatives, including the exploration of creating alternative fiat to onchain stablecoin payout methods, will be shared in the coming months.2 This collaboration aims to make these transitions smoother and accessible 24/7 for Citi’s clients.
October 26, 2025 – Riot Platforms (NASDAQ: RIOT), a leading Bitcoin mining company, has captivated the market with its impressive stock performance, fueled by a surging Bitcoin bull run and an ambitious strategic pivot towards Artificial Intelligence (AI) and High-Performance Computing (HPC). As of late October 2025, RIOT's shares have experienced substantial gains, reflecting investor [...]
The third-quarter earnings season for 2025 has commenced with a resounding statement from the titans of the U.S. financial sector. Major banks have largely delivered robust results, surpassing analyst expectations and painting a picture of resilience in an economy navigating a unique blend of strengths and underlying caution. These
Shares of data storage manufacturer Seagate (NASDAQ:STX)
jumped 3.4% in the afternoon session after Bernstein SocGen Group raised its price target on the stock, citing accelerating demand for data storage driven by the AI boom. The firm increased its price target to $275 from $250 while keeping an "Outperform" rating. Analysts pointed to the massive data requirements of artificial intelligence as a key growth driver for data storage companies. The brokerage noted that hard disk drives remained the most economic option for data centers to store "cool" data, which is data not frequently accessed. This trend positioned Seagate to benefit from the explosion in data creation. The positive view was part of a broader sentiment that companies involved in data storage have seen their stock prices rise due to increased AI-related demand.
Harmony Gold Mining Company Limited (JSE: HAR), traditionally a titan in the global gold production landscape, has officially completed its transformative US$1.01 billion acquisition of MAC Copper Limited, the owner of the high-grade CSA copper mine in New South Wales, Australia. This strategic move, finalized on October 24,
New York, NY – October 24, 2025 – Amazon (NASDAQ: AMZN) is generating significant buzz on Wall Street, with a flurry of analyst price target hikes signaling strong confidence in its potential for a substantial stock breakout in 2026. This optimistic outlook is fueled by an accelerating Amazon Web Services (AWS) business,
CEO Cameron Fowler credited the move to legislation backed by the Trump administration that aims to integrate stablecoins into the regulated financial system.
The United States banking system has reached a pivotal moment, with its total reserves falling below the $3 trillion mark for the first time since early 2025. This significant decline, observed in Federal Reserve data through mid-October 2025, signals a substantial tightening of liquidity within the financial system. The immediate
GULFPORT, Miss. – October 23, 2025 – Hancock Whitney Corporation (NASDAQ: HWC) has once again affirmed its steadfast commitment to shareholder returns by declaring a regular fourth-quarter 2025 common stock cash dividend of $0.45 per share. Announced on October 23, 2025, this latest payout extends a remarkable tradition of uninterrupted quarterly
