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Bloomberg40d agoneutral
Memory Chipmaker SK Hynix Kicks Off $28 Billion US Listing

(Bloomberg) -- SK Hynix Inc. kicked off its formal marketing process for its US listing on Monday, as the South Korean chipmaker looks to capitalize on surging investor demand for the high-flying memory-chip sector.Most Read from BloombergGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsThe Tanker Tycoon Making Millions on Hormuz Shuttle RunsModi’s Flagship Biofuel Push Faces Backlash From MotoristsOil’s Supply Wave, T

Citi Raises its Price Target on V2X (VVX)
Insider Monkey40d agoneutral
Citi Raises its Price Target on V2X (VVX)

V2X, Inc. (NYSE:VVX) is one of the 8 High Growth Cybersecurity Stocks to Buy Now. On July 1, 2026, Citi raised the firm’s price target on V2X, Inc. (NYSE:VVX) to $75 from $72 and kept a Neutral rating on the shares. Citi updated estimates and price targets in the aerospace and defense group ahead of […]

Bloomberg41d agoneutral
Chip Stock Bulls Count on Samsung to Soothe AI Trade Jitters

(Bloomberg) -- A wild ride for global chip stocks in recent weeks has left investors looking for fresh validation of the artificial intelligence trade. Samsung Electronics Co. may provide just that on Tuesday.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US SanctionWhy the Great Am

Bloomberg41d agobearish
Oil Drops as Flows in Hormuz Persist and OPEC+ Flags More Supply

(Bloomberg) -- Oil fell as energy flows through the Strait of Hormuz persisted and OPEC+ signaled higher supplies, fanning concerns about a potential glut.Most Read from BloombergOil, Gas Tankers Cross Hormuz Via Oman-Side Route After U-TurnsOil’s Supply Wave, Tumbling Prices Rekindle Fears of Global GlutBrazil Freezes $2 Billion, Pursues Arrests After US SanctionWhy the Great American State Fair Looks So EmptyGreece Offers Bounty to Catch Ravenous Fish Lured by Warming SeaBrent dropped below $7

Citi Keeps Buy Rating on Northrop Grumman (NOC)
Insider Monkey41d agobullish
Citi Keeps Buy Rating on Northrop Grumman (NOC)

Northrop Grumman Corporation (NYSE:NOC) is one of the 9 Most Oversold Strong Buy-Rated Stocks to Invest In Now. On July 1, 2026, Citi lowered its price target on Northrop Grumman Corporation (NYSE:NOC) to $587 from $628 and kept a Buy rating. Citi updated estimates and price targets across the aerospace and defense group ahead of […]

Bloomberg42d agoneutral
Oil’s Stunning Reversal Rekindles Fears of a Global Glut

(Bloomberg) -- Oil prices are tumbling everywhere as a peace deal between the US and Iran unleashes a wave of supply, overwhelming demand from buyers and prompting talk of a glut of crude.Most Read from BloombergWhy the Great American State Fair Looks So EmptyExxon to Change Name for First Time in Decades After RedomicileThe AI Trade Is Losing One of Its Key SignalsGermany Rejects Trump’s Demands for NATO Loyalty to WashingtonTrump Pardons Six People Pursued for ‘Fixing Their Car’It’s a staggeri

Bloomberg44d agobearish
Citi Says Oil May Slump to $60 as Hormuz Shock Fades Away

(Bloomberg) -- Brent oil could extend declines to $60 a barrel by year-end as disruptions in the Strait of Hormuz ease, according to Citigroup Inc., adding to a chorus of bearish outlooks for the global crude market.Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileWhy the Great American State Fair Looks So EmptyGermany Rejects Trump’s Demands for NATO Loyalty to WashingtonMeta Is Planning a Cloud Business to Sell AI Computing PowerRussia Indicates Ukraine Fi

Q2 Earnings Season Nears Kickoff: Bank Earnings in Focus
Zacks44d agoneutral
Q2 Earnings Season Nears Kickoff: Bank Earnings in Focus

The overall revisions trend heading into the start of the Q2 cycle remains positive, with expectations steadily increasing over recent months. JPMorgan, Bank of America, Citigroup, and Wells Fargo will help start the June-quarter reporting cycle for the Finance sector on July 14th.

Q2 Earnings Season Nears Kickoff: Bank Earnings in Focus
Zacks44d agoneutral
Q2 Earnings Season Nears Kickoff: Bank Earnings in Focus

The overall revisions trend heading into the start of the Q2 cycle remains positive, with expectations steadily increasing over recent months. JPMorgan, Bank of America, Citigroup, and Wells Fargo will help start the June-quarter reporting cycle for the Finance sector on July 14th.

Citigroup (C) Appoints Michael Yannell To Lead Hedge Funds In Wealth Division
Simply Wall St.44d agoneutral
Citigroup (C) Appoints Michael Yannell To Lead Hedge Funds In Wealth Division

Citigroup (NYSE:C) has appointed Michael Yannell as head of hedge funds for investment solutions within its wealth management division. The move expands Citigroup's alternatives platform as the bank responds to client demand for hedge fund exposure. Yannell will oversee hedge fund offerings, focusing on product development and solutions for wealth clients. Citigroup enters this leadership change with its stock trading at $140.13 and up 18.1% year to date. The share price is also up 65.2%...

Citi sends warning on semiconductor and hyperscaler stocks
TheStreet44d agoneutral
Citi sends warning on semiconductor and hyperscaler stocks

Semiconductor stocks have been the most crowded corner of the AI trade in 2026. Memory company margins are at records, and chip ETFs have rallied sharply. The consensus view on Wall Street has been straightforward: As long as the biggest cloud platforms keep spending on AI infrastructure, demand ...

2 reasons Citi slashed its bitcoin & ethereum price targets
Yahoo Finance Video44d agoneutralVIDEO
2 reasons Citi slashed its bitcoin & ethereum price targets

Citi (C) cut its 12-month bitcoin (BTC-USD) and ether (ETH-USD) price targets, citing demand and the delayed CLARITY Act. "The Daily Wolf with Scott Melker" airs every day at 12:00 p.m. Tune in for your daily dose of all things crypto. Make sure to also check out Yahoo Finance's new crypto hub to find the latest crypto-related news.

Citi  Starts Coverage of Energy Vault Holdings, Inc. (NRGV)
Insider Monkey44d agoneutral
Citi Starts Coverage of Energy Vault Holdings, Inc. (NRGV)

Energy Vault Holdings, Inc. (NYSE:NRGV) is among the Best AI Power Grid Stocks. On June 11, Citi started coverage of Energy Vault Holdings, Inc. (NYSE:NRGV) with a Neutral rating and a $5.25 price target. Analyst Vikram Bagri said the company’s capital-light model provides exposure to power infrastructure and data center demand. He commented that Citi wants […]

Bloomberg44d agoneutral
SpaceX Analyst Debut Set to Test $2.2 Trillion Valuation

(Bloomberg) -- Investors in SpaceX have been largely flying blind since the company’s record-breaking IPO last month, with few financial projections to help determine what the stock is actually worth. Most Read from BloombergExxon to Change Name for First Time in Decades After RedomicileMeta Is Planning a Cloud Business to Sell AI Computing PowerKrafton Agrees to Pay ‘Subnautica 2’ Bonuses as Developer’s CEO ResignsUS Decides Against Renewing USMCA, Shifting to Rolling TalksSpaceX IPO Left Mirae

The Analyst Who Loved Bank Stocks for 15 Years Just Flipped. Here’s What He’s Buying Instead
24/7 Wall St.45d agobullish
The Analyst Who Loved Bank Stocks for 15 Years Just Flipped. Here’s What He’s Buying Instead

For most of the post-2008 era, Oppenheimer’s Chris Kotowski was the guy telling you to keep buying the big banks. He waved off the 2011 eurozone panic, the 2016 energy blowup, COVID, and the 2022 rate hikes. On June 30, 2026, he flipped. Kotowski cut Goldman Sachs (NYSE:GS), Morgan Stanley (NYSE:MS), Bank of America, and ... The Analyst Who Loved Bank Stocks for 15 Years Just Flipped. Here’s What He’s Buying Instead

Wells Fargo Stock Has Lagged Other Banks. Earnings Can Change That.
Barrons.com45d agoneutral
Wells Fargo Stock Has Lagged Other Banks. Earnings Can Change That.

The concerns for Wells Fargo starts with its failure to reach elite returns on equity—analysts see 15.3% this year versus a range of 17% to over 22% for Morgan Stanley JPMorgan Chase & Co. and Goldman Sachs Group Wells has seen falling net interest margins (the percent of the interest it earned on longer-term assets after subtracting the cost of interest-bearing accounts). Given that net interest margins are expected to drop 24 basis points year over year, net interest income growth would result from higher volumes.

hould You Buy Kenvue Inc. (KVUE)’s Shares?
Insider Monkey45d agobullish
hould You Buy Kenvue Inc. (KVUE)’s Shares?

Kenvue Inc. (NYSE:KVUE) is one of the 10 Best Stocks to Buy According to Billionaire Glenn Dubin’s Highbridge Capital. Consumer health company Kenvue Inc. (NYSE:KVUE)’s shares are down by 8.8% over the past year and are up by 10% year-to-date. Several analysts have discussed the firm in 2026. On April 15th, Citi cut the share […]

Citi drastically slashes Bitcoin, Ether price targets
TheStreet45d agoneutral
Citi drastically slashes Bitcoin, Ether price targets

Citigroup slashed its 12-month price targets for Bitcoin (BTC) and Ethereum (ETH), Reuters reported on July 1. The brokerage firm said in a note that it was forced to lower the forecasts due to three factors: lower investor appetite, exchange-traded fund (ETF) outflows, and the lack of ...