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Citi Wealth appoints Chad Reddy to lead western US market
Yahoo Finance· 2026-02-20 11:22
Group 1 - Citi Wealth has appointed Chad Reddy as the new North America market executive – West for Citi Private Bank, responsible for overseeing operations in the Western US [1] - Reddy brings over 25 years of experience in wealth management, previously holding senior roles at Bank of America Private Bank and nearly 14 years at Wells Fargo Private Bank [2] - Reddy will join Citi Private Bank's North America leadership team in April, reporting to Chris Biotti, who became the head of Citi's North America private bank last year [2] Group 2 - Chris Biotti highlighted Reddy's proven leadership and strong track record in advising ultra-high-net-worth clients, emphasizing his relationship-led approach as key to accelerating growth [3] - Last September, Citi Wealth reached an agreement with BlackRock to manage approximately $80 billion in assets for its wealth clients [3] - The partnership led to the launch of 'Citi Portfolio Solutions powered by BlackRock', integrating Citi Wealth's advisory resources with BlackRock's investment and technology capabilities [4]
Archimedes Tech SPAC Partners III(ARCIU) - Prospectus(update)
2026-01-20 16:37
Table of Contents As filed with the U.S. Securities and Exchange Commission on January 20, 2026. Registration No. 333-292419 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 AMENDMENT NO. 2 TO FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Archimedes Tech SPAC Partners III Co. (Exact name of registrant as specified in its charter) Cayman Islands 6770 N/A (State or other jurisdiction of incorporation or organization) (Primary Standard Industrial Classification Code Nu ...
5 serious disadvantages of putting your home in a living trust. Know the risks before making a move in 2026
Yahoo Finance· 2026-01-17 14:00
Core Insights - The use of living trusts has increased significantly over the past 30 years, with approximately 13% of respondents in a 2025 survey indicating they have a living trust as part of their estate plan [2]. Group 1: Benefits of Living Trusts - Living trusts allow individuals to set terms for asset management after death while retaining full control during their lifetime [2]. - They minimize costs and legal friction for heirs, avoiding the need to sell or liquidate assets while the individual is still alive [3]. Group 2: Drawbacks of Living Trusts - Establishing a living trust can be expensive, with costs ranging from $400 to $4,000 depending on location and complexity [4]. - Future amendments or changes to the trust may incur additional costs, as estate lawyers typically charge around $370 per hour [5]. - The process of transferring a home to a living trust involves considerable paperwork, including deed transfers, beneficiary registration, and trustee selection [7].
Archimedes Tech SPAC Partners III(ARCIU) - Prospectus
2025-12-23 21:40
Table of Contents FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 As filed with the U.S. Securities and Exchange Commission on December 23, 2025. Registration No. 333- UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Archimedes Tech SPAC Partners III Co. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Cayman Islands 6770 N/A (Primary Standard Industrial Classification Code Number) (I.R.S. Employer I ...
US stock futures today show modest gains as Dow, S&P 500, Nasdaq turn green — top gainers and losers to watch
The Economic Times· 2025-12-17 09:05
Market Overview - US stock futures showed modest gains with Dow futures up about 0.07% to 48,514, S&P 500 futures gaining roughly 0.13% to 6,865, and Nasdaq futures rising 0.15% to around 25,419, reflecting a market balancing softer economic signals with hopes of nearing the end of the Fed's tightening cycle [1][17] - The previous regular session ended mixed, with the Dow falling 0.62% and S&P 500 slipping 0.24%, extending their losing streaks to three days, while the Nasdaq Composite managed a 0.23% gain [2][17] Economic Data - The US economy lost 105,000 jobs in October, raising the unemployment rate to 4.6%, the highest since September 2021, but November saw a rebound with payrolls increasing by 64,000 jobs, exceeding the Dow Jones estimate of 45,000 [4][17] - Despite the rebound, hiring remains below earlier levels, keeping investors cautious about potential economic momentum loss [7][17] Federal Reserve and Interest Rates - Investors are closely monitoring comments from Federal Reserve officials Christopher Waller and John Williams for insights on future rate moves and interpretations of the recent unemployment rise [8][17] - The 10-year Treasury yield is around 4.15%, which continues to pressure equity valuations, especially in rate-sensitive sectors [9][17] Corporate News - Micron Technology and General Mills are notable companies reporting earnings, with Micron's price target raised to $300 due to strong AI-driven demand, forecasting over 25% upside [17] - Tesla is facing regulatory scrutiny after a California judge ruled it could face a 30-day suspension of licenses related to its Autopilot and Full Self-Driving marketing [17] - Amazon is reportedly in talks to invest about $10 billion in OpenAI, potentially intensifying competition in the AI sector [17] Pre-market Activity - AMC Robotics surged nearly 66% on heavy volume, Rezolve AI jumped over 27%, and Biodexa Pharmaceuticals also saw strong gains, while Tesla slipped amid regulatory headlines and Nvidia was slightly lower ahead of earnings [10][15][17] Global Market Trends - Asia-Pacific markets traded mostly higher, with Hong Kong's Hang Seng up 0.82%, China's Shanghai Composite and Shenzhen Component rising 1.19% and 1.70%, respectively, and Japan's Nikkei adding 0.26% [13][17] - European markets opened mostly higher ahead of key central bank decisions and fresh inflation data from the UK, providing additional context for US investors [14][17]
'The Perfect Solution': Customers and Partners Share Firsthand Impact of Cyngn Technology
Prnewswire· 2025-11-20 12:05
Core Insights - Cyngn's DriveMod platform integrates seamlessly into industrial workflows, enhancing key performance metrics almost immediately [1][2][12] - Organizations view autonomy as a long-term capability, leading to improved material movement processes and workforce integration [2][12] Customer Perspectives - The DriveMod Tugger supports automation strategies by managing heavier loads, increasing efficiency, and reducing costs [3][12] - DriveMod is deployed on vehicles like the Motrec MT-160 Tugger and BYD Forklift, providing advanced automation for material handling [4][12] - A recent warehouse expansion utilized DriveMod to address labor challenges and meet future demands, enhancing efficiency and reliability [5][12] - Users report that DriveMod has become a consistent part of operations, improving safety and efficiency while being easy to implement [6][12] Industry Impact - Cyngn is advancing industrial autonomy with AI-powered solutions, unlocking potential for increased throughput and faster market delivery [7][9][12] - The DriveMod Tugger can haul up to 12,000 lbs and typically achieves a payback period of less than 2 years [13][12] - The technology addresses significant challenges in the industry, such as labor shortages and safety incidents, making it a valuable asset for manufacturers and logistics companies [12]
美股三大指数小幅低开 特斯拉涨超3%
news flash· 2025-07-02 13:33
Group 1 - The three major U.S. stock indices opened slightly lower, with the Dow Jones down 0.01%, the Nasdaq down 0.1%, and the S&P 500 down 0.06% [1] - Tesla's stock rose over 3% following the announcement of its second-quarter delivery volume of 384,122 vehicles [1] - Cyngn's stock surged over 23% after the company announced it secured $32 million in financing [1]
Top Stock Movers Now: Nike, Boeing, MP Materials, and More
Investopedia· 2025-06-27 16:01
Group 1 - U.S. equities surged at midday, with the S&P 500 and Nasdaq reaching record highs due to a trade deal between the U.S. and China, with more agreements anticipated [1][5] - Nike (NKE) emerged as the top performer in the Dow and S&P 500 after reporting better-than-expected results and a positive outlook, indicating the success of its turnaround plan [1][5] - Boeing (BA) shares were positively impacted by the U.S.-China trade news, which is expected to enhance the company's sales in China [2] Group 2 - Shares of mining companies such as Nemont (NEM) and Freeport-McMoRan (FCX) declined as gold and other precious metal prices fell following the trade news [3][5] - The announcement of a collaboration deal between Cyngn (CYN) and Nvidia (NVDA) led to a significant increase in Cyngn's shares, which soared 171% [2] - Life sciences company Bio-Techne (TECH) experienced a decline in shares after warnings of "big-picture headwinds" facing the sector [3]
英伟达市值称冠,Cyngn迎高光时刻,原因何在?
Jin Rong Jie· 2025-06-27 07:45
Core Viewpoint - Nvidia's stock has surged by 15.46% this year, reaching a market capitalization of $3.78 trillion, making it the highest-valued public company globally, surpassing Microsoft by $80 billion [1] Group 1: Nvidia's Growth and Strategy - Nvidia's CEO Jensen Huang announced that robotics technology is the next multi-trillion dollar market after AI, with autonomous driving being the first commercial application [2] - The autonomous driving segment contributed $193.2 million in revenue for Nvidia, marking a year-on-year growth of 71.89%, although it only accounted for 1.30% of total revenue [2] - The data center segment, which includes AI chips, saw a revenue increase of 100.19% [2] Group 2: Cyngn's Stock Performance - Cyngn's stock price skyrocketed by 171.46% on June 26, closing at $13.60, with a peak of $41.54, triggering trading halts due to volatility [3] - Cyngn's market capitalization was $23.83 million, while its trading volume reached $3 billion, indicating a turnover rate over 80 times its market cap [3] Group 3: Cyngn's Business Model and Technology - Cyngn has developed the DriveMod software for industrial vehicles, which integrates autonomous driving capabilities without high upfront costs [4][5] - DriveMod is currently operational on Motrec MT-160 tractors and BYD forklifts, with a typical investment payback period of under two years [5] - Despite a net loss of $29.3 million in 2024, Cyngn secured new orders worth $308,000 in Q1 2025, indicating ongoing business growth [6] Group 4: Partnerships and Ecosystem - Nvidia's collaboration with various partners, including Cyngn, highlights a growing ecosystem in the robotics and automation sector [9] - Other notable partners include NEURA Robotics, Delta Electronics, Wandelbots, Doosan Robotics, Franka Robotics, Hexagon, Intrinsic, SCHUNK, Universal Robots, and Vention, all utilizing Nvidia's products for training and deployment [7][8] Group 5: Future Outlook - Nvidia's proactive approach in the robotics sector and its expanding partner ecosystem present significant growth potential for future performance [9] - As the robotics market matures, Nvidia is positioned to benefit from this emerging trillion-dollar industry, along with its partners like Cyngn, which may experience rapid growth and value reassessment [9]
纳指、标普500指数均创历史收盘次高!英伟达一篇博文 这家公司暴涨171%!小米集团ADR大涨近10%
Mei Ri Jing Ji Xin Wen· 2025-06-26 22:54
北京时间6月27日凌晨,美股三大指数集体收涨,纳指涨0.97%,道指涨0.94%,标普500指数涨0.8%。其中,纳指、标普500指数均创历史收盘次高。 截至收盘,道指涨404.41点,涨幅为0.94%,报43386.84点;纳指涨194.36点,涨幅为0.97%,报20167.91点;标普500指数涨48.86点,涨幅为0.80%,报 6141.02点。 大型科技股多数上涨,Meta涨2.46%,亚马逊涨2.42%,谷歌A涨1.68%,微软涨1.05%,英伟达涨0.46%,苹果则收跌0.28%,特斯拉跌0.54%。 热门中概股涨跌不一,纳斯达克中国金龙指数跌0.29%。小马智行涨约12%,金山云、万国数据涨超3%,霸王茶姬、亚朵涨超1%,京东、贝壳、好未来小 幅上涨;小鹏汽车跌超6%,满帮、再鼎医药跌逾2%。 | 股吧 | 成仿胶 | 天联星守 | | --- | --- | --- | | 名称 | 最新, | 涨1 | | 不赛 | 23.100 | 19.26 | | HSAI | | | | 小马智行 | 14.580 | 11.98 | | PONY | | | | 中金科 | 4.190 | 5 ...