Jane Fraser, CEO, Citigroup, speaks at the 28th annual Milken Institute Global Conference at the Beverly Hilton in Beverly Hills, California on May 5, 2025. Patrick T. Fallon | AFP | Getty Images Citigroup reported second-quarter results on Tuesday that topped analyst expectations after a three-month period that saw the bank’s stock dramatically outperform the…
The term friendly is used to define a match between two soccer teams when it’s not in an official competition. Well, the U.S. men’s national team’s game against Paraguay on Saturday finished as anything but the other definition of friendly. American defender Alex Freeman and Paraguay captain Diego Gómez sparked a bench-clearing brawl in the…
Investors are underappreciating the durability and growth opportunities of Agibank , according to Morgan Stanley. The bank initiated coverage of the Brazilian digital bank with an overweight rating and $21 price target, implying an upside of 100% from Friday’s close. Shares of AGI have slipped 12.5% since going public last month. The company’s initial public…
While Europe isn’t directly impacted by U.S. President Donald Trump’s latest tariff threats , it could have a knock-on effect on European exports if the dollar continues to weaken. With the euro strong in comparison, Gerry Fowler, who head up UBS ‘ U.S. and European equity and derivative strategy team, expects European exports to feel…
Terms apply to American Express benefits and offers. Visit americanexpress.com to learn more. For more than a decade, I’ve traveled almost exclusively with miles and points. Outside of the occasional Airbnb, I don’t pay cash for big vacation expenses like flights and hotels. It’s also my job to write about using credit cards and travel rewards to…
Nvidia CEO Jensen Huang appeared on an episode of The Joe Rogan Experience podcast on Wednesday. Ezra Acayan | Getty Images News | Getty Images Nvidia CEO Jensen Huang is more optimistic than those who predict AI will destroy people’s jobs, and he used a nine-year-old prediction to demonstrate why. During a wide-ranging conversation about…
Apollo Global Management signage in New York on Dec. 5, 2023. Jeenah Moon | Bloomberg | Getty Images Apollo’s John Zito had a blunt assessment of how private equity firms are valuing their software holdings as shares of comparable public tech companies have plunged: They’re not, he said. Zito, co-president of the firm’s giant asset…
Every weekday, the CNBC Investing Club with Jim Cramer releases the Homestretch — an actionable afternoon update, just in time for the last hour of trading on Wall Street. Wall Street pulled back Tuesday as President Donald Trump’s deadline for Iran to reopen the Strait of Hormuz — or face potential strikes on key infrastructure…
Travelers in Terminal 1 at John F. Kennedy International Airport in New York, March 1, 2026. Michael Nagle | Bloomberg | Getty Images For budget-conscious travelers, it’s gotten harder to escape the rising cost of airfare in recent weeks. Airlines are raising bag fees, adding fuel surcharges and cutting flight schedules to manage the fallout…
The Texas Instruments headquarters in Dallas, Texas, on Jan. 21, 2024. N. Johnson | Bloomberg | Getty Images Texas Instruments reported second-quarter results on Tuesday that beat analysts’ expectations for revenue and earnings. But the stock fell in extended trading due to a third-quarter forecast that missed estimates. Here’s how the chipmaker did versus LSEG…
