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(Bloomberg) -- Cerebras Systems Inc. increased the size of its initial public offering, now seeking to raise as much as $4.8 billion, as demand for the artificial intelligence chipmaker and data center operator’s shares continues to build.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyModi Asks Indians to Stop Buying Gold, Hitting Jewelr

Saudi quick-delivery startup lines up major banks for a possible listing despite regional market uncertainty.

Find insight on Nintendo, Damai Entertainment, StarHub and more in the latest Market Talks covering Technology, Media and Telecom.

(Bloomberg) -- The outperformance by US equities driven by a narrow group of giant tech stocks is set to persist, according to Citigroup Inc. strategists. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Inside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyDrone Hits Ship Near Qatar as US Awaits Iran Peace Plan ResponseJudge to Review Musk, SEC Settlement Deal in Twitter Stake CaseThe team l

Executives from JPMorgan Chase, Citigroup and other big banks descended on Miami Beach, Fla., this week, where 15,000 people gathered for one of the crypto industry’s biggest conferences. Missing from the gathering: attendees in flamboyant orange bitcoin suits roaming the halls and Lamborghinis idling out front—the flashy hallmarks of crypto’s boom years.

Citigroup CEO Jane Fraser has cleaned up some big problems, like a tangled web of risk-management systems and a complex global reporting structure. Many of its businesses have new names and leaders. But when it comes to making money, the bank still has room to catch up to rivals.

(Bloomberg) -- When Tony Cowell retired in 2023 from a three-decade career advising private equity and hedge funds from the Cayman Islands at KPMG LLP, AI was still relatively nascent.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsUS Fires on Iranian Targets as Trump Demands Deal From TehranSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Has Opened a Passage Through Ho

(Bloomberg) -- Investors in India, long focused almost entirely on domestic markets, are increasingly starting to look outward.Most Read from BloombergBillionaire Duke of Westminster to Sell £700 Million of US Real Estate AssetsDOJ Plans Intervention in Trump Supreme Court Carroll AppealUS Has Opened a Passage Through Hormuz, Central Command SaysSony to Pay Almost $4 Billion for Bieber, Neil Young CatalogChina Asks Banks to Pause New Loans to US-Sanctioned RefinerA growing number are moving mone

At Citigroup so much is new. Citigroup has succeeded under Chief Executive Jane Fraser in resetting the bar for itself. Citigroup today trades at a roughly 30% premium to tangible book value, recently hitting its highest level since 2008, according to FactSet data.

Chief Executive Jane Fraser says at the bank’s first investor day in four years that Citi has “rebuilt the engine.”

Citigroup unveiled modest new performance targets ahead of an investor day at which the bank’s executives sought to persuade shareholders that...

The Dow Jones Industrial Average was down, while the S&P 500 Index and the Nasdaq Composite were up

Citigroup issued new guidance showing it would take the lender more time to catch up to Wall Street peers than some investors hoped for. Sridhar Natarajan reports on Bloomberg Television.

Don't forget the risks if we get fewer earnings reports.