Citi has hired Rohan Sen from Bank of America to lead coverage of the technology services sector in its investment banking division. Sen, who spent 11 years at Bank of America as a managing director in technology investment banking, joins as part of Citi's broader effort to strengthen its technology banking franchise. This move follows Citi's recent hires, including JPMorgan veteran Pankaj Goel, and the formation of a specialized AI Infrastructure Banking team to capitalize on the growing AI market. Citi forecasts AI infrastructure spending by Big Tech to exceed $2.8 trillion through 2029, highlighting the strategic importance of this sector for the bank's growth.
SpaceX will release its first public earnings report focusing on Starlink's growth, Starship development, and capital spending. Despite shares falling over 50% from their peak and trading below the IPO price, Wall Street remains optimistic with bulli...
A personal finance writer opened four new credit cards within 10 months, resulting in a temporary 14-point drop in his credit score from 780 to 766. Despite the dip, he earned over $3,300 in rewards and sign-up bonuses by strategically using cards li...
Automatic Data Processing (ADP) reported strong Q4 fiscal 2026 results with revenues rising 7% to $5.47 billion and adjusted EPS of $2.64, beating analyst expectations. Growth was driven by its core Employer Services and Professional Employer Organiz...
Qualcomm's stock fell over 9% recently following its earnings report, but Wall Street remains optimistic with 14 analysts issuing ratings. Baird raised its 12-month price target to $400, suggesting a 172.6% upside, citing reduced reliance on Apple an...
A double balance transfer involves using two 21-month 0% intro APR credit cards sequentially to extend the interest-free period on credit card debt up to 42 months. This strategy can save significant interest costs for those with large balances and g...
