Citi hired a law firm to investigate at least six complaints from current and former employees about the head of the bank’s wealth management
Author: techrossm
Dow flips higher in choppy trading with help from Travelers, Walmart
The Dow Jones Industrial Average was back in the green again following choppy trading on Wednesday, with shares of Travelers Cos. Inc. and Walmart
Citi backs wealth head after hiring law firm to probe bullying allegations
Citigroup has stood by wealth management boss Andy Sieg after hiring law firm Paul Weiss to investigate complaints into his behaviour since he arrived
Tech, chip stock sell-off continues as AI bubble fears mount
Tech stocks continued to slide on Wednesday as investors sold off AI names amid concern over the sustainability of the AI boom.
Penny stock: a pharma company share price hits 5% upper circuit, ; here’s why
A penny stock, a pharma company, saw its share price hit a 5% upper circuit during the intraday trades on Wednesday. Check details about
Target’s stock plunges 7% as new CEO pick disappoints Wall Street: ‘There won’t be change when change is needed’
“The stock price reflects that there won’t be change when change is needed,” Gerald Storch, former vice chairman of Target and ex-CEO of Toys
Chip Stocks Fall As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.
Stock Market Today: Dow extends decline, Nasdaq tumbles after Fed minutes as rotation out of Big Tech continues; Target falls after new CEO is named.
Stocks are lower Wednesday afternoon as selling of AI-related technology names continues and Target names a new chief executive.
The Market Is Rotating Again
Sector rotation is favoring defensive areas like healthcare and megacap stocks. Learn more about what’s moving the market and various sectors.
Major Stocks Show Significant Movement in Premarket Trading
As the regular trading session approaches, market participants will be watching to see if these early movements gain momentum or reverse course. Trading volume