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31,229 signal articles · 62 in last 24h · 160,153 total before filter · latest 4h ago
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Citi Stock Drops on Expense Concerns
The Wall Street Journal79d agobearish
Citi Stock Drops on Expense Concerns

Citigroup reported a robust second quarter, with its profits up double-digits. But its stock fell after executives indicated the bank would use the good times to invest in itself. “A stronger environment isn't just upside to report,” Citi CEO Jane Fraser said on a call with Wall Street analysts.

European Defense Groups to Work on Ballistic-Missile Shield
The Wall Street Journal79d agobearish
European Defense Groups to Work on Ballistic-Missile Shield

Destinus, MBDA, Safran, Airbus and Thales said they had signed a letter of intent to establish a consortium for the development of the Bliksem EXO system to strike down ballistic missiles, which can travel at hypersonic speeds above the atmosphere.

Investing.com79d agobearish
Biogen tumbles 8.7% as breakthrough Alzheimer’s data is clouded by dosing paradox

Investing.com -- Biogen Inc. (NASDAQ:BIIB) shares fell nearly 9% following the Phase 2 CELIA readout of its highly anticipated Alzheimer’s therapy, diranersen. While the drug achieved a major scientific milestone by robustly clearing tau pathology, an unexpected inverse dose response—where the lowest dose performed the best—left Wall Street analysts confused and triggered a sell-off. Diranersen missed its primary endpoint: proving a dose-dependent response on the CDR-SB, a key measure of cogniti

Bloomberg79d agobearish
Citi Shares Drop as CEO Warns of Higher Cost from Investments

(Bloomberg) -- Citgroup Inc.’s shares erased earlier gains as Chief Executive Officer Jane Fraser said the bank would “lean in with additional investments and other actions” if economic conditions remain favorable.Most Read from BloombergUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeUS CPI Falls for the First Time Since 2020, Core Gauge FlatLindsey Graham, Senate Hawk Turned Trump Ally, Dies at 71Trump Embraces Australian Retirement System Backed by Larry FinkA Cocaine Bust in

IBM’s Tumble Drags on Software, IT Stocks
The Wall Street Journal79d agobearish
IBM’s Tumble Drags on Software, IT Stocks

IBM stock is having one of its worst days ever – and is dragging some other names in software and IT along with it. Shares of software and professional-services firms including Accenture, Gartner, Workday and ServiceNow were all trading lower Tuesday morning.

IBM shares plummet as preliminary second quarter results miss expectations
Proactive79d agobearish
IBM shares plummet as preliminary second quarter results miss expectations

International Business Machines Corp (NYSE:IBM) shares fell about 25% to $217 on Tuesday after the company released preliminary second quarter 2026 results that came in below Wall Street expectations and warned that an unexpected shift in customer spending weighed on its software and...

Mastercard (MA) Weighs Selling Vocalink Back To British Banks
Simply Wall St.79d agobearish
Mastercard (MA) Weighs Selling Vocalink Back To British Banks

Mastercard (NYSE:MA) is reported to be considering the sale of a majority stake in its UK payments infrastructure subsidiary, Vocalink. The potential buyers are the British banks that previously owned Vocalink, amid ongoing national debate about foreign control of critical financial infrastructure. The discussions relate to the role and ownership of the systems that underpin much of the UK's retail payments activity. Vocalink sits at the core of the UK's payments system, processing...