Financial News

Eunice Yoon reports on the latest surrounding President Trump’s planned trip to China as he departs for a state visit on Tuesday.

Here are five key things investors need to know to start the trading day.

CNBC's Andrew Ross Sorkin reports on the latest news.

Ford Motor Company (NYSE:F) is included among the 10 Best Robinhood Stocks to Buy According to Billionaires. On May 4, Citi cut its price recommendation on Ford Motor Company (NYSE:F) to $13 from $13.50. It reiterated a Neutral rating on the stock. That same day, Ford reported that its US sales for April fell 14.4% […]

Vertiv Holdings Co. (NYSE:VRT) is one of the 10 Best Industrial Stocks Benefiting from the Data Center Boom. On May 7, Citi increased its price target on Vertiv to $414 from $353 and maintained a Buy rating on the shares, according to a report by TheFly. Citi emphasized the company’s multi-year visibility to sales and […]

Cummins Inc. (NYSE:CMI) is one of the 10 Best Industrial Stocks Benefiting from the Data Center Boom. On May 7, Citi increased its price target on Cummins to $770 from $710 while maintaining a Buy rating on the stock, following the company’s strong financial performance in the first quarter, according to a report by TheFly. […]

China experts anticipate Trump and Xi may announce trade deals or other agreements, such as a Chinese purchase of U.S. agricultural products or Boeing aircraft.

The goal is less about attracting new clients and more about catering to existing ones, according to Citi head of wealth Andy Sieg.

More than 70 Labour MPs have called on Keir Starmer to resign.

(Bloomberg) -- China’s central bank has warned on the risks of imported inflation from higher oil prices stemming from the war in Iran, offering no hint of preparing to ease policy as it looks to ensure that its interest rates reach the economy.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyMichael Burry Warns of Stock Crash as Tech Jump Echoes 2000 PeakTrump Rejects New Iran Peace Offer as ‘Tota

The U.S. and Chinese presidents are scheduled to gather in Beijing on Thursday and Friday amid a packed week of diplomatic meetings.

(Bloomberg) -- Goldman Sachs & Co and Bank of America Corp are the latest in a growing cohort of Wall Street banks pushing back their forecasts for interest-rate cuts, arguing that both jobs and inflation data make a case for the Federal Reserve to keep rates on hold until at least the end of the year.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Un

Banks have had a stellar first quarter. The major U.S. banks raked in nearly $50 billion in profits in the first three months of the year, The Guardian reported. That was largely due to Wall Street bank traders, who profited from a volatile stock exchange, Reuters showed. But even without the extra ...

Among companies now with a favorable setup, banking giant Citigroup's stock stands out as a candidate for employing options.

(Bloomberg) -- The White House is inviting Tesla Inc.’s Elon Musk, Apple Inc.’s Tim Cook, Boeing Co.’s Kelly Ortberg and executives from other large companies to accompany President Donald Trump on his trip to China this week, according to an official. Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold,

Chris Veronne, Strategas, joins 'Closing Bell Overtime' to share hsi technical take on the current market picture.

(Bloomberg) -- Circle Internet Group Inc.’s first-quarter revenue increased 20% while net income declined, as ongoing volatility in cryptocurrency markets roiled earnings from companies across the industry at the start of the year.Most Read from BloombergIran Makes New Offer on Uranium in Response to US, WSJ SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jewelry Stocks

(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 SaysInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyTrump Rejects New Iran Peace Offer as ‘Totally Unacceptable’Modi Asks Indians to Stop Buying Gold, Hitting Jewelr

Shares in Novo Nordisk (NYSE:NVO) drew a cautious reception from Citi following first-quarter results that beat consensus expectations, with the bank raising its target price but retaining a neutral rating as concerns over portfolio price erosion and long-term obesity market competition outweigh...

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

More than one dozen CEOs and top executives will join the U.S. delegation as President Donald Trump travels to China this week, according to a White House official. The companies include: Apple ...

Trump invited Tesla's Elon Musk, Apple's Tim Cook and Blackrock's Larry Fink to join his China trip for talks with Xi Jinping on trade, AI and geopolitics.

(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 CompanyModi Asks Indians to Stop Buying Gold, Hitting Jewelry StocksDrone Hits Ship Near Qatar as US Awaits Iran Peace Plan ResponseThe team led

CNBC's Eunice Yoon joins 'Squawk Box' to report on the latest news.

By Emese Bartha Belgium plans to issue a new five-year, August 2031-dated government bond, or OLO, via a bank syndicate in the near future, subject to market conditions, the Minister of Finance...

Frank Lavin, former Undersecretary for International Trade during the Bush administration, says China is approaching the Trump-Xi talks with confidence in its economic model and little sense that it needs to make concessions. He says the summit may produce business announcements and a joint statement, though concrete breakthroughs could be limited.

Veradermics, Incorporated (NYSE:MANE) is one of the best performing healthcare stocks so far in 2026. On April 27, Citi lifted the price target on Veradermics, Incorporated (NYSE:MANE) to $120 from $85, reaffirming a Buy rating on the shares. The rating update came after the company announced positive topline results from Part A of its Phase […]

Citigroup (NYSE:C) executives used the company’s 2026 Investor Day to outline a multi-year plan for higher returns, continued business investment and additional capital returns, with Chair and CEO Jane Fraser saying the bank has “rebuilt the engine” after several years of restructuring. Fraser said

2026-05-09. The following slide deck was published by Citigroup Inc.

Citigroup Inc. (C) Analyst/Investor Day May 7, 2026 8:25 AM EDTCompany ParticipantsJennifer Landis - Head of Investor RelationsJane Fraser - CEO & Chair...