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X @Bloomberg
Bloomberg· 2025-12-03 18:44
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 ...
Michael Saylor Claims Bitcoin Is Bigger Than Google And The US Navy Combined
Benzinga· 2025-12-03 14:52
Bitcoin (CRYPTO: BTC) gained fresh attention on Wednesday after Strategy executive chairman (NASDAQ: MSTR) Michael Saylor said the asset now consumes more power than the U.S. Navy and the combined infrastructure of Microsoft (NASDAQ:MSFT) and Google (NASDAQ:GOOGL) .Washington's Leadership Shift Sets A New ToneSpeaking at Binance Blockchain Week, Saylor said Bitcoin's rise from speculative instrument to "digital capital" accelerated once President Donald Trump positioned himself as the "Bitcoin president" an ...
Fintech firm Wealthfront seeks up to $2.05 billion valuation in US IPO
Yahoo Finance· 2025-12-02 11:32
Dec 2 (Reuters) - Automated digital wealth management firm Wealthfront is targeting a valuation of ​up to $2.05 billion in its U.S.‌ initial public offering, it said on Tuesday, becoming the latest to ‌test a trend of strong investor appetite for fintech listings. The Palo Alto, California-based company plans to raise as much as $485 million by selling 34.6 million shares, including stock offered ⁠by existing shareholders, ‌at a price range of $12 to $14 each. The U.S. IPO market has recovered after ‍a s ...
X @Bloomberg
Bloomberg· 2025-12-02 02:56
KKR-backed South Korean fashion retailer Musinsa has picked Citigroup and JPMorgan to work on an initial public offering that may take place next year https://t.co/fDDiXMhygJ ...
Alibaba Group Holding Limited (NYSE:BABA) Maintains "Buy" Rating from Citigroup
Financial Modeling Prep· 2025-11-26 17:00
Core Viewpoint - Citigroup maintains a "Buy" rating for Alibaba and raises the price target from $218 to $225, indicating confidence in the company's future performance [2][5]. Company Overview - Alibaba Group Holding Limited is a leading e-commerce and technology company based in China, competing with tech giants like Amazon and Tencent [1]. - The company's market capitalization is approximately $364.06 billion, reflecting its significant presence in the tech industry [4][5]. - Alibaba has a trading volume of 27.06 million shares on the NYSE, highlighting its active market participation [4][5]. Stock Performance - Despite a recent decrease of 2.31% or $3.72, Alibaba's stock has shown resilience, trading between $156.15 and $166.37 [2]. - Over the past year, the stock has fluctuated between a high of $192.67 and a low of $80.06 [2]. Strategic Initiatives - Alibaba's CEO, Eddie Wu, expresses optimism about the AI market, noting that demand for AI is outpacing the global supply of chips [3]. - In response to the growing AI demand, Alibaba plans to invest aggressively in AI, which aligns with Citigroup's positive outlook and increased price target [3][5].
Hewlett Packard Enterprise (NYSE:HPE) Faces Challenges Amid Memory Price Surge
Financial Modeling Prep· 2025-11-24 20:00
Core Viewpoint - Hewlett Packard Enterprise (HPE) is experiencing mixed market sentiments with a recent upgrade from Citigroup but facing challenges due to rising memory prices impacting margins [1][2][3][6] Company Summary - Citigroup upgraded HPE's rating to "Positive" from "Buy," with the stock priced at $20.52 [1][6] - Morgan Stanley downgraded HPE from "overweight" to "equal weight," leading to a 7% drop in its stock price [2][3][6] - HPE's current stock price is $20.99, reflecting a 2.31% increase, with a market cap of approximately $27.69 billion [3][6] Industry Summary - Rising memory prices are creating a "pricing supercycle" for NAND and DRAM, which could negatively affect Original Equipment Manufacturers (OEMs) like HPE and Dell [2] - The memory price surge has particularly impacted Dell, resulting in a downgrade from "overweight" to "underweight" and a price target reduction from $144 to $110 [4] - Other companies like HP Inc and Lenovo also experienced share drops of up to 6% due to the memory price surge [4] - Morgan Stanley maintains a positive outlook on Pure Storage and Apple, indicating that not all companies are equally affected by the memory price surge [5]
Atkore Inc. (NYSE:ATKR) Overview and Financial Outlook
Financial Modeling Prep· 2025-11-21 19:10
Company Overview - Atkore Inc. is a leading manufacturer of electrical products and solutions, offering a wide range of products including electrical raceway solutions, mechanical products, and safety and infrastructure solutions [1] - The company serves various industries such as construction, industrial, and infrastructure, competing with major players like Eaton Corporation and Schneider Electric [1] Stock Performance - On November 21, 2025, Roth Capital set a price target of $65 for Atkore, indicating a potential increase of about 12.19% from the current stock price of $57.94 [2] - The stock has recently declined by 12.91%, with a change of -$8.59, and has fluctuated between $55.46 and $67.05 [2] Earnings Call Insights - Atkore's Q4 2025 earnings call included key executives such as CEO William Waltz and CFO John Deitzer, with attendance from analysts of major financial institutions like ROTH Capital Partners and Citigroup [3] Market Capitalization and Trading Volume - The company's market capitalization is approximately $1.95 billion, with a trading volume of 2,358,222 shares on the NYSE [4] - Over the past year, Atkore's stock has reached a high of $97.32 and a low of $49.92, indicating significant fluctuations [4]
Helmerich & Payne, Inc. (NYSE:HP) Receives Upgrade from Goldman Sachs
Financial Modeling Prep· 2025-11-21 04:00
Helmerich & Payne, Inc. (NYSE:HP) is a prominent player in the oil and gas drilling industry. The company specializes in drilling services and solutions, primarily focusing on land-based operations. It competes with other industry giants like Nabors Industries and Patterson-UTI Energy. Recently, Goldman Sachs upgraded HP's stock from Sell to Neutral, with the stock price at $26.10 at the time of the announcement.The upgrade by Goldman Sachs comes shortly after HP's Q4 2025 earnings call, held on November 18 ...
Citi Raises Aegon (AEG) Price Target to EUR 7.69 and Reaffirms Buy Rating
Yahoo Finance· 2025-11-20 03:37
Aegon Ltd. (NYSE:AEG) is included among the 12 Best European Dividend Stocks to Buy Now. Citi Raises Aegon (AEG) Price Target to EUR 7.69 and Reaffirms Buy Rating Photo by nathan dumlao on Unsplash Aegon Ltd. (NYSE:AEG) received a price target boost from Citigroup on Nov​ember 17, with the firm​ lifting its e⁠stima‍te to EUR 7.69 from EUR 6.38 while reiterating a Buy ra‌ting, according to a report by The Fly. In the third quarter‍ of 2025, Management noted​ t⁠hat Transamerica, its biggest un‌it, kept w ...
Macy's Inc. (NYSE:M) Stock Update and Financial Outlook
Financial Modeling Prep· 2025-11-19 19:04
Core Viewpoint - Macy's Inc. is facing stock price fluctuations and is under scrutiny ahead of its upcoming earnings report, with Citigroup adjusting its rating to Neutral and revising the price target to $19 [1][5]. Stock Performance - Macy's stock closed at $19.15, reflecting a 4.2% decline from the previous day, which is more significant than the broader market declines of the S&P 500, Dow, and Nasdaq [2][5]. - Over the past month, Macy's shares have increased by 12.18%, outperforming the Retail-Wholesale sector's gain of 0.48% and the S&P 500's increase of 1.48% [2]. Earnings Expectations - The company is expected to report an earnings per share (EPS) of -$0.14, representing a 450% decrease from the same quarter last year [3]. - The consensus estimate for quarterly revenue is $4.59 billion, indicating a 3.25% decline from the previous year [3][5]. - Full-year Zacks Consensus Estimates project earnings of $2 per share [3]. Stock Metrics - Currently, Macy's stock is priced at $19.51, with a daily increase of 1.88% or $0.36, and has fluctuated between a low of $19 and a high of $19.68 during the trading day [4]. - Over the past year, the stock has reached a high of $21.25 and a low of $9.76, with a market capitalization of approximately $5.24 billion and a trading volume of 4,723,131 shares [4].