Back in May, Warren Buffett announced that he is stepping down as CEO of Berkshire Hathaway.Back in May, Warren Buffett sent shockwaves around the investment world after announcing he was stepping down as CEO of his investment conglomerate, Berkshire Hathaway (BRK.A 0.78%) (BRK.B 1.06%).Ever since this decision became public knowledge, investors have watched Berkshire's moves with an extra level of vigilance. As 2026 approaches and longtime Buffett sidekick Greg Abel prepares to take the reins at Berkshire, ...

Citigroup has set a 7,700 year-end 2026 forecast for the S&P 500, citing strong corporate earnings and ongoing support from artificial intelligence investment.It argued that the next phase of the AI trade will favor companies that adopt the technology rather than those that simply enable it.The firm said AI infrastructure build-out will remain a central theme in 2026, but investors will increasingly differentiate between winners and losers as fundamentals come under pressure from high starting valuations, R ...

Citigroup maintains a "Buy" rating for Arcus Biosciences, Inc. (NYSE:RCUS) despite adjusting its price target from $56 to $44 following the discontinuation of the Phase 3 STAR-221 study.The STAR-221 study's discontinuation, due to lack of improved overall survival rates in cancer treatment, has led to a significant stock price decline of approximately 14.38%.Arcus Biosciences continues its research and development efforts, focusing on its inflammation and immunology portfolio despite recent setbacks.Arcus B ...

Core Viewpoint - Nvidia's stock has shown significant recovery and growth, driven by advancements in AI technology and strategic developments in U.S.-China trade relations [1][2][12]. Company Performance - Nvidia's shares increased by 3.0% in the past week and are up 29.7% over the last six months, outperforming major indices [1]. - The company reported a record revenue of $57.01 billion in the third quarter, with $51.2 billion coming from the data center division, marking a 66% year-over-year increase [9]. - Nvidia's capital expenditures surged over 200% this year to more than $3 billion to meet the demand from hyperscalers [9]. Market Dynamics - The AI market is projected to grow at a 37% CAGR through 2030, supporting Nvidia's revenue forecast of $170 billion for fiscal 2026, a 30% increase from $130.5 billion in 2025 [8]. - Nvidia's automotive segment also saw a 32% year-over-year increase to $592 million, driven by partnerships with companies like Toyota and Aurora Innovation [11]. Strategic Developments - Nvidia is developing location verification technology to prevent chip smuggling and has received approval to sell advanced H200 AI chips to China [1][7]. - The company plans to supply over 260,000 advanced GPUs to South Korean firms, indicating strong international demand [7]. Analyst Sentiment - Of 64 analysts covering Nvidia, 60 recommend buying shares, with a consensus one-year price target of $250.93, indicating a potential upside of about 36% from the current price [13]. - Citigroup, J.P. Morgan, and Morgan Stanley have maintained their Buy-equivalent ratings, citing strong demand and revenue growth [14]. Risks and Challenges - Ongoing U.S.-China trade restrictions and tariffs pose risks to Nvidia's supply chain and profitability, with analysts warning of potential margin pressure [4][5][10]. - The company faces competition from Huawei's Ascend chips and other emerging technologies, which could impact its market position [5][15].

On December 9, 2025, Cowen & Co. maintained its "Buy" rating for JPMorgan (NYSE:JPM), with the stock priced at $302.48. JPMorgan Chase & Co. is a leading global financial services firm, offering a wide range of services including investment banking, financial services for consumers and small businesses, commercial banking, financial transaction processing, and asset management. It competes with other major banks like Bank of America and Citigroup.JPMorgan recently participated in the Goldman Sachs 2025 U.S. ...

LUXEMBOURG, December 9, 2025 /PRNewswire/ -- Adecoagro S.A. (NYSE: AGRO) ("Adecoagro" or the "Company") today announced that it has commenced a public offering of $300,000,000 of its common shares, subject to market and other conditions. J.P. Morgan and BofA Securities will act as global coordinators and joint book-running managers. BTG Pactual, Citigroup and Itaú BBA will act as joint book-running managers. The Company has granted the underwriters the right to purchase up to an additional $11,100,000 of it ...

Summary of Citigroup Conference Call - December 09, 2025 Company Overview - **Company**: Citigroup (NYSE:C) - **Event**: Conference Call - **Date**: December 09, 2025 Key Points Leadership Transition - Mark, the current CFO, is transitioning out after nearly seven years, emphasizing the importance of leaving the finance function in a better condition and ensuring continued momentum for Citigroup's commitments to investors, including a target return of 10%-11% for the next year [12][13][15] - Gonzalo Luchetti, the incoming CFO, has nearly 20 years of experience at Citigroup and aims to focus on continuity, results delivery, and accountability in his new role [17][18] Strategic Changes in U.S. Personal Banking - The retail bank is being moved into wealth management, and the card business will operate as a standalone entity, aimed at leveraging Citigroup's affluent customer base and enhancing synergies [22][23] - Citigroup has upgraded approximately $12 billion of customers into the wealth business, indicating a strong customer footprint [22] Macroeconomic Outlook - The global economy is described as resilient, with expectations of moderate growth slowing into 2026. Anticipated rate cuts may occur, with estimates of two to three cuts next year [25][26] - Client sentiment remains strong, with discussions around AI and its impact on productivity being a hot topic among corporate clients [27][28] Consumer Spending Trends - U.S. consumers are showing resilience, with solid growth in spending observed in travel, dining, and discretionary retail, particularly through online channels [29][30] - Credit quality remains stable, with delinquencies down year-on-year for the first time in several years, indicating effective credit management [30][31] Investment Banking Activity - Investment banking is experiencing momentum, particularly in M&A, with expected revenue growth in the mid-20s percentage year-over-year [34] - Market revenues are projected to decline low to mid-single digits year-over-year due to seasonal factors [33] Financial Projections - For 2025, net interest income (NII) excluding markets is expected to grow by 5.5% year-over-year, with continued growth anticipated into 2026 [36] - The efficiency ratio target for 2026 is set below 60%, with various drivers including revenue growth and cost reductions [39][40] Capital Management - Citigroup aims to reduce its Common Equity Tier 1 (CET1) ratio to 12.8% over the next few quarters, balancing capital deployment for growth and shareholder returns [59][60] - A $20 billion buyback program is in place, with $9 billion executed year-to-date [60] Transformation and AI Initiatives - Significant progress has been made in transformation efforts, with two-thirds of initiatives nearing completion, particularly in risk and compliance controls [43][44] - AI initiatives are being implemented to enhance productivity and operational efficiency across various business functions [49][51] Future Priorities - The focus for 2026 includes execution to achieve the 10%-11% return target and further enhancing long-term shareholder value [67][68] Additional Insights - The transition in leadership is seen as a critical moment for Citigroup, with a strong emphasis on maintaining momentum and delivering on commitments to investors [12][15] - The strategic restructuring within U.S. Personal Banking reflects a response to evolving market conditions and customer needs, aiming to capitalize on affluent customer segments [22][23] - The overall sentiment from the leadership indicates confidence in Citigroup's resilience and ability to navigate macroeconomic challenges while pursuing growth opportunities [25][28]

🗞️ Need to catch up on the news? Here's our top 10 from today:🔸 Standard Chartered now expects the Fed to cut rates by 25 bps on Wednesday.🔹 Bank of America, Wells Fargo and Citigroup CEOs are set to meet with senators Thursday to discuss crypto market legislation, per Bloomberg.🔸 The CFTC launched a pilot program allowing BTC, ETH, and USDC to be used as tokenized collateral in U.S. derivatives markets.🔹 Circle and Bybit are partnering to expand USDC use and liquidity across Bybit’s ecosystem.🔸 Tether’s US ...

Hey, I'm Kramer. Welcome to Mad Money. Welcome to Cra America. Other people, my friends. Hey, I'm just trying to make a little bit of money here. My job is not just to entertain, but to educate, to teach you. Call me 1800 743 CBC. Tweet me, Chim Kmer. Okay, we keep hearing about the overstretched consumer and the chilly job market. Now, based on this endless drum beat of negative news, shouldn't the stock market by all mean measures and means be way down? >> Just today, we got some ugly data points. The ADP ...

RT Bloomberg em Português (@BBGEmPortugues)J&F CONTRATA CITIGROUP - A J&F, holding controlada pelos irmãos Batista, contratou o Citigroup para vender uma participação minoritária em sua unidade LHG Mining a um potencial parceiro estratégico, segundo fontes #vendaPor @rachelgamarski e @maridurao https://t.co/t9rPbCxwuv ...