Citigroup announces restructuring to streamline operations
Citigroup is restructuring and streamlining operations under CEO Jane Fraser.
Page 17 of 61
Citigroup is restructuring and streamlining operations under CEO Jane Fraser.
The European Union plans to initiate an inquiry into the subsidies that China offers its electric vehicle manufacturers.
The tech giant unveiled new products on Tuesday, including the new iPhone 15 and said it is on track to ship its augmented reality headset next year
Microsoft Corporation's stock has experienced a recent period of underperformance compared to its counterparts in the technology sector. However, according to analysts from Citi Research, there are reasons to believe that Microsoft's stock is primed for a stronger showing in the coming months.
Tesla retraced to its 61.8% Fibonacci retracement level (blue horizontal line) over July and August. This overlayed with price support (red dashed horizontal line), and the decline was stayed. Since then, TSLA.us has moved higher, with its green 5-week EMA crossing bullishly above its orange 10-year moving average (red circle). Moreover, its weekly RSI has crossed back above 50 (blue rectangle). This is the bullish side of the oscillator and…
Meta Platforms is strategically positioning itself to become a formidable contender within the realm of artificial intelligence. This has ignited investor enthusiasm and bolstered the company's stock performance.
Apple is expected to launch its iPhone 15 on 12 September. However, there are headwinds that have clouded the release. Yesterday, the Wall Street Journal reported that China has banned government officials from using iPhones for work purposes. Bloomberg then reported that the ban may be extended to government-backed agencies and state companies.
The FXCM Cannabis Stock Basket has been moving in a downtrend almost since inception. However, the downside momentum seems to be slowing. This is evident by the shift in trendline gradient from the green trendline to the shallower sloped orange trendline. In fact, the basket has positively broken above the orange trendline (black ellipse) in a recent show of strength.
UK-based chip designer Arm has filed for a NASDAQ listing, in one of the most anticipated IPOs in years and sees interest from tech giants for its shares
On Sunday, at the IAAA Mobility auto show in Munich, Mercedes-Benz introduced a new electric-sedan concept vehicle. Branded as CLA Class, the concept vehicle has a range of more than 466 miles, based on global industry standards. This is competitive and is superior to Tesla’s Model 3 long range version, which has a range of 391 miles on the same measure.
The EV king has released its revamped Model 3 with sleeker exterior and updated interior, as anticipation is also building around the long-awaited Cybertruck
Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interests arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed here.