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Track Citigroup in real time with a live news feed covering Citigroup stock news, official press releases, company announcements, and an archive of historical Citigroup news. ...more
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Pre-market futures are down at this hour, led by the tech sector on the Nasdaq, which has shed -372 points at this hour, -1.24%. The Dow is -97 points, -0.18%, the S&P 500 -33, -0.43%.
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Pre-market futures are down at this hour, led by the tech sector on the Nasdaq, which has shed -372 points at this hour, -1.24%. The Dow is -97 points, -0.18%, the S&P 500 -33, -0.43%.
Earnings season ramps up in full gear this week kicked off by quarterly financial results from some of the biggest publicly traded U.S. banks Tuesday and Wednesday.
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KBW CEO Tom Michaud joins CNBC's Squawk on the Street to discuss his expectations for bank earnings as major banks begin reporting second-quarter results on Tuesday, the outlook for regional banks, and more.
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Big banks report earnings, and CPI brings us the latest Inflation Rate, Tuesday morning.
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C heads into Q2 earnings release with rising revenue and EPS expectations, but restructuring costs and credit risks may shape the outlook.
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Wall Street's biggest banks are heading into second-quarter earnings season with investor expectations running high. Strong trading activity, resilient consumer spending, healthy loan demand, good capital market activity and a pickup in artificial intelligence (AI)-driven capital markets activity have fueled optimism.
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JPMorgan, Bank of America, Citigroup, Wells Fargo and Goldman Sachs are set to report earnings early Tuesday, followed by Morgan Stanley on Wednesday Investment banking revenue could jump 26% and trading revenue could rise 14% from a year ago, per KBW's Chris McGratty.
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Netflix and banks kick off earnings season, markets start the week shaky, and more
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With the Federal Reserve holding rates higher for longer, net interest income is the swing factor for the biggest lenders. Credit-loss provisions will help show whether the American consumer is still holding up.
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Among the largest U.S. banks, Citigroup is expected to show the greatest improvement by one important measure. But it still has a long way to go to reach its own performance target.
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