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Citi Trends Inc

Citi names a ‘compelling emerging’ theme to play real estate

by Walter Watson
Citi names a ‘compelling emerging’ theme to play real estate

Real estate companies around the world are eyeing one area right now: data centers, according to Citi. “One of the compelling emerging themes globally across Real Estate is the expansion …

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Citi loves this global stock as it pivots to AI data centers

by Walter Watson
Citi loves this global stock as it pivots to AI data centers

Industrial property firm Goodman Group is converting its traditional warehouses into data centers to meet the surging demand for artificial intelligence infrastructure. Citi believes this trend will likely drive “double-digit …

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Gold, silver, copper rally has just taken a breather — new highs not far off

by Walter Watson
Gold, silver, copper rally has just taken a breather — new highs not far off

Gold and silver bars of various sizes lie in a safe on a table at the precious metals dealer Pro Aurum. Sven Hoppe | Picture Alliance | Getty Images Gold …

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Turkish markets are ‘on the verge of a renaissance moment,’ Citi says

by Walter Watson
Turkish markets are ‘on the verge of a renaissance moment,’ Citi says

Golden Horn and Bosphorus at sunset, Istanbul, Turkey Matteo Colombo | Digitalvision | Getty Images Investors who ran from Turkey in droves over the last several years may want to …

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Biden’s White House is courting CEOs while bashing corporate greed

by Vera Ward
Biden’s White House is courting CEOs while bashing corporate greed

U.S. President Joe Biden departs the White House in Washington, U.S., for a campaign fundraiser in California, May 9, 2024.  Craig Hudson | Reuters President Joe Biden has had it …

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S&P 500 rebounds to less than 1% from a record after orderly three-week pullback

by Walter Watson
S&P 500 rebounds to less than 1% from a record after orderly three-week pullback

The ideal fix for a market that’s traveled too far, too fast, is for it so slow down and back up a bit. This, by most appearances, is the story …

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Booming luxury travel and a jump in ‘relief’ loans

by Walter Watson
Booming luxury travel and a jump in ‘relief’ loans

At American Express, consumers are continuing to open high-fee credit cards and splurge on luxuries like travel. But for lending firm Upstart, there’s a strong interest in microloans as cash-strapped …

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Stock down 9% on sales guidance

by Walter Watson
Stock down 9% on sales guidance

The logo of semiconductor design firm Arm on a chip. Jakub Porzycki | Nurphoto | Getty Images Shares of British chip designer Arm fell 8.8% in premarket trading on Thursday, …

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Biden set to meet with executives from Citi, United Airlines & others

by Vera Ward
Biden set to meet with executives from Citi, United Airlines & others

US President Joe Biden speaks about his Investing in America agenda at the Wilmington Convention Center in Wilmington, North Carolina, on May 2, 2024.  Mandel Ngan | AFP | Getty …

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Citi names 3 biotech stocks to play a growing $2.9 billion opportunity

by Walter Watson
Citi names 3 biotech stocks to play a growing .9 billion opportunity

The outlook is starting to look bright for biotech stocks, according to some. With markets now expecting the first rate cut to be in September rather than June or July, …

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