Últimas noticias sobre Citigroup (NYSE:C) Bolsa

Citigroup

Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into five primary segments: services, markets, banking, US personal banking, and wealth management. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.

JPMorgan Exec Demands ‘More Hustle’ As Office Mandate Sparks Tension: Report

Pre-Market Outlook

Longevity Health Holdings, Inc. - Common Stock

XAGE

JPMorgan, Wells Fargo, Citigroup y otras compañías presentan resultados hoy. Longevity Health sube un 67 % tras fusión estratégica.

Acciones a vigilar este martes: JPMorgan, Citigroup, Wells Fargo y Longevity Health antes de resultados clave

Banks report positive earnings

Previews

JPMorgan, Citigroup y Wells Fargo presentan resultados sólidos en el 2T 2025, impulsados por ingresos netos por intereses y dividendos.

Temporada de resultados: JPMorgan, Citigroup y Wells Fargo lideran un sólido segundo trimestre

July,16,,2021,,Brazil.,In,This,Photo,Illustration,The,Spotify

Analyst Color

GOOG

GOOGL

NTES

SIRI

Sony Group Corporation American Depositary Shares

SONY

SPOT

Spotify sube tras un informe de Goldman Sachs que prevé el crecimiento del streaming musical y nuevas oportunidades de monetización.

Spotify sube tras informe de Goldman Sachs que prevé gran expansión del mercado musical global

Oppenheimer analyst Chris Kotowski maintains Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) with a Outperform and raises the price target from $123 to $124.

News

Price Target

Analyst Ratings

Oppenheimer Maintains Outperform on Citigroup, Raises Price Target to $124

Ernest C. Garcia II, a major shareholder in Carvana Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CVNA#NYSE">CVNA</a>), has sold shares worth $33.5 million.
What Happened: Garcia, who is a 10% owner of Carvana, sold 91,332 shares of Class A Common Stock on July 25 and July 28, 2025, for approximately $33.5 million, <a href="https://in.investing.com/news/insider-trading-news/carvanas-garcia-sells-335-million-in-shares-93CH-4933369">reported</a> Investing.com on Tuesday.
The shares were sold in multiple transactions, with prices ranging from $332.95 to $339.35 on July 25 and $333.72 to $338.45 on July 28. These sales were executed under a Rule 10b5-1 trading plan that was established by Ernest C. Garcia II and Elizabeth Joanne Garcia on Dec. 13, 2024.
On both July 25 and July 28, Garcia converted 50,000 Class A Common Units into Class A Common Stock. Carvana is currently trading at a price-to-earnings (P/E) ratio of 106, signaling strong growth expectations from investors.
Garcia's stock sale comes as Carvana rolls out several positive initiatives, including plans to expand its operations by adding Inspection and Reconditioning Center capabilities at its ADESA Seattle auction site. 
This expansion is expected to boost the company's nationwide reconditioning capacity, serving both retail and wholesale customers across the Pacific Northwest.
See Also: <a href="https://benzinga.com/markets/cryptocurrency/25/04/44708344/21shares-launches-dogecoin-fund-backed-by-dogecoin-foundation" target="_blank" rel="noopener">21Shares Launches Dogecoin Fund Backed By Dogecoin Foundation</a>
Why It Matters: Carvana&#8217;s stock has seen a remarkable 165.42% return over the past year, with the company now commanding a market capitalization of $72.06 billion.
Despite the recent share sales, Carvana&#8217;s stock has been <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46324594/usedcar-boom-prices-supercharging-carvana-autonation-stocks">performing exceptionally well</a>.
Analysts have also <a href="https://www.benzinga.com/analyst-ratings/analyst-color/25/03/44420425/carvana-can-grow-amazon-auto-limited-analysts">shown confidence in Carvana&#8217;s future</a>, with firms like Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), and Stephens raising their price targets for the company, citing stronger-than-expected sales data and operational expansions.
Research firm BTIG also maintained a Buy rating with a $395 price target, noting that Carvana's vehicle discounting has returned to pre-tariff scare levels.
Price Action: Carvana shares inched up 0.05% on Tuesday, closing at $336.50, and rose another 0.15% in premarket trading on Wednesday, according to <a href="http://pro.benzinga.com/">Benzinga Pro data</a>.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/macro-economic-events/25/07/46687133/china-risks-losing-488-billion-in-us-exports-without-trade-deal-protectionism-doesn" target="_blank" rel="noopener">China Risks Losing $488 Billion In US Exports Without Trade Deal: &#8216;Protectionism Doesn&#8217;t Protect&#8230;&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Markets

Tech

CVNA

Ernest Garcia II Sells $33.5 Million Worth Of Carvana Stock Amid 165% Rally

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders often look for circumstances when the market estimation of an option diverges away from its normal worth. Abnormal amounts of trading activity could push option prices to hyperbolic or underperforming levels. 
Here's the list of options activity happening in today's session: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>AMBC</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>01/16/26</td>
<td>$13.00</td>
<td>$25.3K</td>
<td>11.0K</td>
<td>6.0K</td>
</tr>
<tr>
<td>V</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/29/25</td>
<td>$375.00</td>
<td>$27.8K</td>
<td>68</td>
<td>3.7K</td>
</tr>
<tr>
<td>C</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/01/25</td>
<td>$94.00</td>
<td>$26.7K</td>
<td>1.7K</td>
<td>1.9K</td>
</tr>
<tr>
<td>JPM</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/01/25</td>
<td>$295.00</td>
<td>$50.5K</td>
<td>1.4K</td>
<td>1.3K</td>
</tr>
<tr>
<td>BULL</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/15/27</td>
<td>$20.00</td>
<td>$59.5K</td>
<td>2.9K</td>
<td>889</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>12/19/25</td>
<td>$400.00</td>
<td>$47.3K</td>
<td>5.7K</td>
<td>646</td>
</tr>
<tr>
<td>GS</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/01/25</td>
<td>$725.00</td>
<td>$62.5K</td>
<td>398</td>
<td>323</td>
</tr>
<tr>
<td>BK</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$100.00</td>
<td>$62.0K</td>
<td>1.5K</td>
<td>244</td>
</tr>
<tr>
<td>PGR</td>
<td>CALL</td>
<td>TRADE</td>
<td>NEUTRAL</td>
<td>09/19/25</td>
<td>$250.00</td>
<td>$59.3K</td>
<td>497</td>
<td>220</td>
</tr>
<tr>
<td>SOFI</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/19/25</td>
<td>$10.00</td>
<td>$68.5K</td>
<td>5.7K</td>
<td>199</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• Regarding AMBC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMBC#NYSE">AMBC</a>), we observe a call option trade with neutral sentiment. It expires in 171 day(s) on January 16, 2026. Parties traded 725 contract(s) at a $13.00 strike. The total cost received by the writing party (or parties) was $25.3K, with a price of $35.0 per contract. There were 11000 open contracts at this strike prior to today, and today 6001 contract(s) were bought and sold. 
• For V (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/V#NYSE">V</a>), we notice a call option trade that happens to be bearish, expiring in 31 day(s) on August 29, 2025. This event was a transfer of 139 contract(s) at a $375.00 strike. The total cost received by the writing party (or parties) was $27.8K, with a price of $200.0 per contract. There were 68 open contracts at this strike prior to today, and today 3778 contract(s) were bought and sold. 
• Regarding C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on August 1, 2025. Parties traded 495 contract(s) at a $94.00 strike. This particular put needed to be split into 14 different trades to become filled. The total cost received by the writing party (or parties) was $26.7K, with a price of $54.0 per contract. There were 1725 open contracts at this strike prior to today, and today 1973 contract(s) were bought and sold. 
• Regarding JPM (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>), we observe a put option sweep with bearish sentiment. It expires in 3 day(s) on August 1, 2025. Parties traded 500 contract(s) at a $295.00 strike. This particular put needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $50.5K, with a price of $101.0 per contract. There were 1433 open contracts at this strike prior to today, and today 1365 contract(s) were bought and sold. 
• Regarding BULL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BULL#NASDAQ">BULL</a>), we observe a call option trade with bearish sentiment. It expires in 535 day(s) on January 15, 2027. Parties traded 147 contract(s) at a $20.00 strike. The total cost received by the writing party (or parties) was $59.5K, with a price of $405.0 per contract. There were 2934 open contracts at this strike prior to today, and today 889 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a call option sweep that happens to be bullish, expiring in 143 day(s) on December 19, 2025. This event was a transfer of 10 contract(s) at a $400.00 strike. This particular call needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $47.3K, with a price of $4737.0 per contract. There were 5757 open contracts at this strike prior to today, and today 646 contract(s) were bought and sold. 
• For GS (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), we notice a call option trade that happens to be bearish, expiring in 3 day(s) on August 1, 2025. This event was a transfer of 50 contract(s) at a $725.00 strike. The total cost received by the writing party (or parties) was $62.5K, with a price of $1250.0 per contract. There were 398 open contracts at this strike prior to today, and today 323 contract(s) were bought and sold. 
• Regarding BK (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BK#NYSE">BK</a>), we observe a call option trade with bearish sentiment. It expires in 17 day(s) on August 15, 2025. Parties traded 200 contract(s) at a $100.00 strike. The total cost received by the writing party (or parties) was $62.0K, with a price of $310.0 per contract. There were 1538 open contracts at this strike prior to today, and today 244 contract(s) were bought and sold. 
• Regarding PGR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PGR#NYSE">PGR</a>), we observe a call option trade with neutral sentiment. It expires in 52 day(s) on September 19, 2025. Parties traded 106 contract(s) at a $250.00 strike. The total cost received by the writing party (or parties) was $59.3K, with a price of $560.0 per contract. There were 497 open contracts at this strike prior to today, and today 220 contract(s) were bought and sold. 
• Regarding SOFI (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOFI#NASDAQ">SOFI</a>), we observe a call option sweep with bearish sentiment. It expires in 52 day(s) on September 19, 2025. Parties traded 50 contract(s) at a $10.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $68.5K, with a price of $1370.0 per contract. There were 5706 open contracts at this strike prior to today, and today 199 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more news on unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

Options

AMBC

BULL

COIN

SOFI

10 Financials Stocks With Whale Alerts In Today's Session

This whale alert can help traders discover the next big trading opportunities.
Whales are entities with large sums of money and we track their transactions here at Benzinga on our options activity scanner.
Traders will search for circumstances when the market estimation of an option diverges heavily from its normal worth. High amounts of trading activity could push option prices to exaggerated or underestimated levels. 
Below are some instances of options activity happening in the Financials sector: 
<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>PYPL</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/01/25</td>
<td>$78.00</td>
<td>$30.3K</td>
<td>736</td>
<td>2.5K</td>
</tr>
<tr>
<td>COIN</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/01/25</td>
<td>$410.00</td>
<td>$28.1K</td>
<td>2.9K</td>
<td>2.2K</td>
</tr>
<tr>
<td>HOOD</td>
<td>CALL</td>
<td>SWEEP</td>
<td>NEUTRAL</td>
<td>08/01/25</td>
<td>$107.00</td>
<td>$30.9K</td>
<td>4.7K</td>
<td>2.2K</td>
</tr>
<tr>
<td>GLXY</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$40.00</td>
<td>$39.5K</td>
<td>4.2K</td>
<td>1.3K</td>
</tr>
<tr>
<td>WFC</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>06/18/26</td>
<td>$72.50</td>
<td>$376.0K</td>
<td>4.2K</td>
<td>1.0K</td>
</tr>
<tr>
<td>BULL</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>10/17/25</td>
<td>$20.00</td>
<td>$59.9K</td>
<td>3.1K</td>
<td>642</td>
</tr>
<tr>
<td>RKT</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/16/26</td>
<td>$14.20</td>
<td>$25.9K</td>
<td>25.6K</td>
<td>404</td>
</tr>
<tr>
<td>C</td>
<td>PUT</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>09/05/25</td>
<td>$92.00</td>
<td>$26.7K</td>
<td>1</td>
<td>401</td>
</tr>
<tr>
<td>XYZ</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/15/25</td>
<td>$75.00</td>
<td>$27.7K</td>
<td>1.8K</td>
<td>222</td>
</tr>
<tr>
<td>KKR</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/15/25</td>
<td>$150.00</td>
<td>$61.0K</td>
<td>5.1K</td>
<td>203</td>
</tr>
</tbody>
</table>

<h2>Explanation</h2>
These itemized elaborations have been created using the accompanying table. 
• For PYPL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/PYPL#NASDAQ">PYPL</a>), we notice a put option sweep that happens to be bullish, expiring in 4 day(s) on August 1, 2025. This event was a transfer of 123 contract(s) at a $78.00 strike. This particular put needed to be split into 26 different trades to become filled. The total cost received by the writing party (or parties) was $30.3K, with a price of $247.0 per contract. There were 736 open contracts at this strike prior to today, and today 2505 contract(s) were bought and sold. 
• For COIN (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/COIN#NASDAQ">COIN</a>), we notice a call option sweep that happens to be bearish, expiring in 4 day(s) on August 1, 2025. This event was a transfer of 70 contract(s) at a $410.00 strike. This particular call needed to be split into 4 different trades to become filled. The total cost received by the writing party (or parties) was $28.1K, with a price of $403.0 per contract. There were 2948 open contracts at this strike prior to today, and today 2262 contract(s) were bought and sold. 
• For HOOD (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HOOD#NASDAQ">HOOD</a>), we notice a call option sweep that happens to be neutral, expiring in 4 day(s) on August 1, 2025. This event was a transfer of 60 contract(s) at a $107.00 strike. This particular call needed to be split into 10 different trades to become filled. The total cost received by the writing party (or parties) was $30.9K, with a price of $517.0 per contract. There were 4745 open contracts at this strike prior to today, and today 2214 contract(s) were bought and sold. 
• Regarding GLXY (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/GLXY#NASDAQ">GLXY</a>), we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on August 15, 2025. Parties traded 417 contract(s) at a $40.00 strike. This particular call needed to be split into 9 different trades to become filled. The total cost received by the writing party (or parties) was $39.5K, with a price of $95.0 per contract. There were 4201 open contracts at this strike prior to today, and today 1323 contract(s) were bought and sold. 
• For WFC (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WFC#NYSE">WFC</a>), we notice a put option trade that happens to be bullish, expiring in 325 day(s) on June 18, 2026. This event was a transfer of 1000 contract(s) at a $72.50 strike. The total cost received by the writing party (or parties) was $376.0K, with a price of $376.0 per contract. There were 4271 open contracts at this strike prior to today, and today 1052 contract(s) were bought and sold. 
• For BULL (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BULL#NASDAQ">BULL</a>), we notice a call option sweep that happens to be bullish, expiring in 81 day(s) on October 17, 2025. This event was a transfer of 270 contract(s) at a $20.00 strike. This particular call needed to be split into 11 different trades to become filled. The total cost received by the writing party (or parties) was $59.9K, with a price of $222.0 per contract. There were 3173 open contracts at this strike prior to today, and today 642 contract(s) were bought and sold. 
• For RKT (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/RKT#NYSE">RKT</a>), we notice a call option trade that happens to be bearish, expiring in 172 day(s) on January 16, 2026. This event was a transfer of 100 contract(s) at a $14.20 strike. The total cost received by the writing party (or parties) was $25.9K, with a price of $259.0 per contract. There were 25668 open contracts at this strike prior to today, and today 404 contract(s) were bought and sold. 
• Regarding C (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), we observe a put option trade with bullish sentiment. It expires in 39 day(s) on September 5, 2025. Parties traded 161 contract(s) at a $92.00 strike. The total cost received by the writing party (or parties) was $26.7K, with a price of $166.0 per contract. There were 1 open contracts at this strike prior to today, and today 401 contract(s) were bought and sold. 
• Regarding XYZ (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XYZ#NYSE">XYZ</a>), we observe a put option sweep with bearish sentiment. It expires in 18 day(s) on August 15, 2025. Parties traded 150 contract(s) at a $75.00 strike. This particular put needed to be split into 3 different trades to become filled. The total cost received by the writing party (or parties) was $27.7K, with a price of $185.0 per contract. There were 1851 open contracts at this strike prior to today, and today 222 contract(s) were bought and sold. 
• Regarding KKR (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KKR#NYSE">KKR</a>), we observe a call option sweep with bullish sentiment. It expires in 18 day(s) on August 15, 2025. Parties traded 100 contract(s) at a $150.00 strike. This particular call needed to be split into 18 different trades to become filled. The total cost received by the writing party (or parties) was $61.0K, with a price of $610.0 per contract. There were 5132 open contracts at this strike prior to today, and today 203 contract(s) were bought and sold. 
Options Alert Terminology 
 - Call Contracts: The right to buy shares as indicated in the contract. 
 - Put Contracts: The right to sell shares as indicated in the contract. 
 - Expiration Date: When the contract expires. One must act on the contract by this date if one wants to use it. 
 - Premium/Option Price: The price of the contract. 
For more information, visit our <a href="https://pro.benzinga.com/blog/how-to-understand-option-alerts/">Guide to Understanding Options Alerts</a> or read <a href="https://www.benzinga.com/markets/options">more about unusual options activity</a>. 
This article was generated by Benzinga's automated content engine and reviewed by an editor.

GLXY

HOOD

PYPL

Circle Internet Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NYSE">CRCL</a>) has been a standout stock in 2025, with a remarkable 129% increase since its IPO. However, CNBC host Jim Cramer has raised concerns about the company&#8217;s future in the stablecoin market.
What Happened: Cramer has expressed skepticism about its long-term competitive advantage in the stablecoin sector, as reported <a href="https://www.insidermonkey.com/blog/circle-internet-group-crcl-might-not-have-anything-proprietary-says-jim-cramer-1576539/">by</a> Insider Monkey on Saturday.
"I question whether Circle is going to be proprietary," Cramer said. "Because anyone can set up a stablecoin. There's nothing proprietary about what they have. And that's my point."
He also voiced his reservations about the company&#8217;s future, stating, &#8220;It can be any part of the PARCs… Circle Internet Group, the red-hot recent IPO that I'm not particularly fond of because it's a stable coin play, and pretty soon, because of that GENIUS Act, I think it'll be flooded with stable coins.&#8221;
See Also: <a href="https://benzinga.com/news/legal/25/07/46650122/bill-gates-once-paid-28-a-day-for-4745-days-to-keep-his-seized-porsche-959-alive-the-13-year-standoff-" target="_blank" rel="noopener">Bill Gates Once Paid $28 A Day For 4,745 Days To Keep His Seized Porsche 959 Alive — The 13-Year Standoff Eventually Got Lawmakers To Bend</a>
Why It Matters: Despite its recent success, Circle has been the subject of mixed opinions. Compass Point downgraded the company&#8217;s <a href="https://www.benzinga.com/markets/equities/25/07/46538249/compass-point-calls-circle-overvalued-cuts-price-target-after-stablecoin-legislation-threatens-profit-outlook">stock rating from Neutral to Sell</a> last week and significantly reduced its price target following the latest U.S. stablecoin legislation.
This move came amid concerns about Circle&#8217;s long-term economic prospects at its current $53 billion valuation.
However, Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) has expressed confidence in CRCL, <a href="https://www.benzinga.com/markets/equities/25/07/46387454/citi-sees-30-upside-in-circle-stock-backs-usdc-issuer-as-key-player-in-stablecoin-market">seeing a 30% upside in the stock</a> and backing the company as a key player in the stablecoin market. The endorsement from Citi suggests that Circle Internet Group&#8217;s upward trajectory is far from over.
Price Action: Circle shares have risen 131.72% over the past six months, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/macro-economic-events/25/07/46651859/trumps-new-eu-trade-deal-labeled-bad-news-by-economists-as-dow-futures-spike-over-150-points" target="_blank" rel="noopener">Trump&#8217;s New EU Trade Deal Labeled &#8216;Bad News&#8217; By Economists As Dow Futures Spike Over 150 Points</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: PJ McDonnell from Shutterstock

CRCL

Jim Cramer Slams Red-Hot Circle Stock: 'Anyone Can Set Up A Stablecoin' As GENIUS Act Casts Shadow On The Hype

Citigroup Inc.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) new Strata Elite credit card will be launched on Monday, which will be competing against JPMorgan Chase &amp; Co.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) Chase Sapphire Reserve and American Express Co.&#8216;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AXP#NYSE">AXP</a>) Platinum cards.
Check out Citi&#8217;s latest <a href="https://www.benzinga.com/quote/C">stock price here</a>.
<h2 class="wp-block-heading">Citi&#8217;s Strata Elite</h2>
<ul class="wp-block-list">
<li>Citi&#8217;s new Strata Elite enters the premium card market with a $595 annual fee, aiming for straightforward travel rewards.</li>
</ul>
<ul class="wp-block-list">
<li>It offers high multipliers on dining/food delivery weekends, a $300 hotel credit, and a $200 &#8220;splurge&#8221; credit, plus American Airlines Admirals Club passes.</li>
</ul>
<ul class="wp-block-list">
<li>Its appeal is simplicity for frequent travelers, contrasting with rivals&#8217; increasingly complex perks.</li>
</ul>
<h2 class="wp-block-heading">JPMorgan&#8217;s Chase Sapphire Reserve</h2>
<ul class="wp-block-list">
<li>JPMorgan Chase&#8217;s Sapphire Reserve, now at a $795 annual fee, emphasizes high-value travel and dining rewards.</li>
</ul>
<ul class="wp-block-list">
<li>It offers 3x points on travel/dining, higher multiples via the Chase Travel portal, robust travel protections, and Priority Pass Select.</li>
</ul>
<ul class="wp-block-list">
<li>It balances strong earnings with flexible redemptions, appealing to serious travelers and foodies.</li>
</ul>
<h2 class="wp-block-heading">Amex Platinum Card</h2>
<ul class="wp-block-list">
<li>The American Express Platinum, with a $695 annual fee, focuses on a broader lifestyle approach.</li>
</ul>
<ul class="wp-block-list">
<li>It provides extensive lounge access (including Centurion Lounges) and a wide array of statement credits for various services, though these require active management to maximize.</li>
</ul>
<ul class="wp-block-list">
<li>Its strength lies in diverse luxury benefits and 5x points on flights.</li>
</ul>
See Also: <a href="https://www.benzinga.com/crypto/cryptocurrency/25/07/46513468/bitcoin-miner-iren-could-surge-1572-as-sotp-valuation-pegs-300-target-hedge-fund-manager-eric-jackson-says-were-cooking-with-gas" target="_blank" rel="noreferrer noopener">Bitcoin Miner IREN Could Surge 1,572% As SOTP Valuation Pegs $300 Target — Hedge Fund Manager Eric Jackson Says, ‘We're Cooking With Gas'</a>
Why It Matters: This comes as credit-card issuers increasingly focus on high-net-worth individuals, who are more likely to pay steep annual fees and maintain healthy balances, offering significant revenue potential beyond just interest.
Citi&#8217;s push into this segment aligns with its broader strategy to expand its credit card footprint and deepen relationships with wealthier clientele.
The head of U.S. personal banking at Citi, Gonzalo Luchetti, <a href="https://www.wsj.com/finance/banking/citi-rolls-out-a-new-premium-card-in-fight-for-affluent-customers-e3b106c4">told</a> the Wall Street Journal that &#8220;pricing definitely has moved up over time, and people are willing to take on greater fees.&#8221; 
Price Action: The shares of Citigroup ended 0.71% higher at $96.07 apiece on Friday, and it rose 37.36% on a year-to-date basis. The stock has gained 49.41% over the last year.
Benzinga's Edge Stock Rankings indicate that Citi maintains solid momentum across short, medium, and long-term periods. However, while the stock scores well on growth rankings, its quality rating remains relatively weak. Additional performance details are <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">available here</a>.
<figure class="wp-block-image size-large"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-3/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="1024" height="163" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28014547/Citi-Edge-1024x163.png" alt="" class="wp-image-1002644" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28014547/Citi-Edge-1024x163.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28014547/Citi-Edge-300x48.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28014547/Citi-Edge-768x122.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/28014547/Citi-Edge.png 1156w" sizes="(max-width: 1024px) 100vw, 1024px" /></a></figure>
The SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>) and Invesco QQQ Trust ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/QQQ#NASDAQ">QQQ</a>), which track the S&amp;P 500 index and Nasdaq 100 index, respectively, ended higher on Friday. The SPY was up 0.42% at $637.10, while the QQQ advanced 0.24% to $566.37, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro</a> data.
On Monday, the futures of the Dow Jones, S&amp;P 500, and Nasdaq 100 indices were trading higher.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/equities/25/07/46627476/riot-platforms-poised-for-gme-style-squeeze-analysts-point-to-high-short-interest-golden-cross">Riot Platforms Poised For GME-Style Squeeze? Analysts Point To High Short Interest, Golden Cross</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Personal Finance

Citi Strata Elite Credit Card Launched To Attract Affluent Customers: Here's How It Stacks Up Against Amex Platinum, JPMorgan Chase Sapphire Reserve

The CEO of&nbsp;JPMorgan Chase &amp; Co.&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>),&nbsp;Jamie Dimon, recently shared a personal anecdote about the day he was fired from Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) and the impact it had on his family and career.
What Happened: Dimon was unexpectedly asked to resign from his position at Citigroup in 1998, where he was the President, a moment that he described as a turning point in his career, during the Acquired Podcast last week.
Dimon was hosting potential candidates at his New York City apartment on a Sunday afternoon when he was summoned for a meeting with Citigroup&#8217;s Sandy Weill and John Reed. The executives asked Dimon to resign amidst some structural changes to the team, a decision that initially made no sense to him.
During the podcast, Dimon recalled how he broke the news to&nbsp;his wife and three young&nbsp;daughters at home, who were 14, 12, and 10 at the time. &#8220;Daddy&#8230;do we have to sleep on the streets?&#8221; asked his youngest daughter, to which Dimon said, &#8220;No, no, we&#8217;re we&#8217;re okay.&#8221;&nbsp;
The middle daughter asked if she could continue going to college, while the eldest one asked for Dimon&#8217;s phone, saying &#8220;Great. Since you don&#8217;t need it, can I have your cell phone?
Following his dismissal, Dimon&#8217;s apartment was filled&nbsp;with about 50 senior managers&nbsp;from Citibank to mark&nbsp;his departure. 
&#8220;I tell people it was my net worth, not my self-worth, that was involved,&#8221; said the JPMorgan CEO.
SEE ALSO:&nbsp;<a href="https://benzinga.com/crypto/cryptocurrency/25/07/46612914/bitcoin-could-go-to-300000-before-great-depression-crisis-traders-argue" target="_blank" rel="noreferrer noopener">Bitcoin Could Go To $300,000 Before &#8216;Great Depression&#8217; Crisis, Traders Argue &#8211; Benzinga</a>
Why It Matters: Dimon&#8217;s career trajectory has been marked by notable turning points. After his <a href="https://www.benzinga.com/markets/tech/25/07/46511576/jamie-dimon-reveals-a-coffee-table-chat-with-jeff-bezos-in-1999-that-almost-made-him-never-wear-a-suit-againlive-on-a-houseboat">dismissal </a>from Citigroup, Dimon had a close encounter with the tech industry. In 1999, he had a conversation with Amazon.com Inc.&#8216;s (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AMZN#NASDAQ">AMZN</a>) Jeff Bezos that nearly <a href="https://www.benzinga.com/markets/tech/25/07/46511576/jamie-dimon-reveals-a-coffee-table-chat-with-jeff-bezos-in-1999-that-almost-made-him-never-wear-a-suit-againlive-on-a-houseboat">swayed him </a>away from Wall Street. However, Dimon later invested half of his net worth in Bank One, purchasing $60 million in stock, a move that paved the way for JPMorgan&#8217;s top job.
Dimon&#8217;s early experiences in the stock market also shaped his approach to <a href="https://www.benzinga.com/personal-finance/management/25/07/46488893/at-14-jamie-dimon-owned-his-first-stock-watched-a-45-market-crash-only-to-learn-this-investment-lesson-history-does-rhyme">risk management</a>. At 14, he bought his first stock and witnessed a 45% market crash within two years, a lesson that taught him to always factor in invisible risks.
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio"> 
<div class="wp-block-embed__wrapper">
<iframe loading="lazy" title="The Jamie Dimon Interview: How JP Morgan Became an $800 Billion Bank" width="500" height="281" src="https://www.youtube.com/embed/AR_1IPhzAtU?start=2124&#038;feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe>
</div>
</figure>
READ MORE:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/news/politics/25/07/46594615/jamie-dimons-jpmorgan-bofa-under-congressional-scrutiny-over-tesla-battery-supplier-catls-mega-ipo-report">Jamie Dimon&#8217;s JPMorgan, BofA Under Congressional Scrutiny Over Tesla Battery Supplier CATL&#8217;s Mega IPO: Report</a></li>
</ul>
Image via Shutterstock
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

AMZN

When Jamie Dimon's Daughter Asked If They Have To 'Sleep On Streets' After He Was Fired From Citigroup: 'It Was My Net Worth, Not My Self-Worth...'

Boston Beer Co. Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAM#NYSE">SAM</a>) stock experienced a surge during pre-market hours on Friday. The company&#8217;s shares jumped by 8.02% to $218.
Check out the current price of <a href="https://www.benzinga.com/quote/SAM">SAM stock here</a>. 
What Happened: The surge in the stock price comes after the company reported its <a href="https://investors.bostonbeer.com/static-files/6eaf675c-d601-4173-a479-ff2de80eb461">second-quarter financial results</a>. The earnings, released after the market closed on Thursday, showed a mixed performance. While the company&#8217;s earnings per share (EPS) exceeded expectations, its revenue fell short.
Boston Beer&#8217;s EPS for the quarter was $5.45, surpassing the estimated $4.04. However, the <a href="https://www.benzinga.com/markets/earnings/25/07/46619220/boston-beer-q2-earnings-revenue-miss-eps-beat-truly-sam-adams-shipments-decline-but-overall-market-share-grows">revenue of $587.949 million</a> was lower than the expected $596.426 million.
See Also: <a href="https://benzinga.com/markets/equities/25/07/46592824/palantir-touches-new-all-time-high-before-fading-after-hours-whats-going-on">Palantir Touches New All-Time High Before Fading After Hours: What&#8217;s Going On? &#8211; Benzinga</a>
Founded in 1984, the American brewery currently holds a market capitalization of $2.25 billion. It has traded between $185.34 and $329.55 over the past year. According to the <a href="http://pro.benzinga.com/dashboard">Benzinga Pro</a> data, Boston Beer Co. currently has a price-to-earnings (P/E) ratio of 33.14.
Why It Matters: The surge in Boston Beer Co.&#8217;s stock price is a reflection of investor confidence in the company&#8217;s performance despite the revenue miss. The company&#8217;s ability to grow its market share in a <a href="https://www.benzinga.com/news/25/07/46619175/boston-beer-company-says-macroeconomic-environment-remains-challenging-we-expect-shipments-to-rebala">challenging macroeconomic environment</a> has been a key factor in this positive response.
Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) had previously lowered its <a href="https://www.benzinga.com/news/25/07/46430313/citigroup-maintains-buy-on-boston-beer-co-lowers-price-target-to-230">price target</a> for Boston Beer Co. to $230. However, the company&#8217;s performance in the second quarter and the subsequent stock surge could lead to a reevaluation of its prospects.
Benzinga's Edge Stock Rankings indicate, SAM has a strong Value score of 75.01. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound">Track the performance of other players</a> in this segment.
<figure class="wp-block-image size-full is-resized"><a href="https://www.benzinga.com/premium/ideas/benzinga-edge-4/#:~:text=Turn%20Market%20Chaos,when%20markets%20rebound"><img loading="lazy" decoding="async" width="862" height="151" src="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/25051743/Screenshot-2025-07-25-144711.png" alt="" class="wp-image-1000374" style="width:920px;height:auto" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/25051743/Screenshot-2025-07-25-144711.png 862w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/25051743/Screenshot-2025-07-25-144711-300x53.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2025/07/25051743/Screenshot-2025-07-25-144711-768x135.png 768w" sizes="(max-width: 862px) 100vw, 862px" /></a></figure>
Read Next:
<ul class="wp-block-list">
<li><a href="https://benzinga.com/markets/cryptocurrency/23/11/35759661/phishing-attacks-steal-crypto-funds-through-fake-skype-app-download">Phishing Attacks Steal Crypto Funds Through Fake Skype App Download &#8211; Benzinga</a></li>
</ul>
Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo courtesy: Shutterstock

Equities

Boston Beer Shares Jump Over 8% in Pre-Market: What's Driving the Rally?

What if the next big story in finance isn&#8217;t about a single stock but the silent surge of a diverse group of S&amp;P 500 members quietly <a href="https://www.benzinga.com/topic/s-p-500">rewriting market records?</a>
On Thursday&#8217;s trading day, 38 S&amp;P 500 members reached new 52-week highs, CNBC pointed out. Notably, many of them reached heights not reached in decades, or even since their initial public offerings. From banking giants like Citigroup&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) to defense titans and even beauty stores, this disparate group heralds more than stock-specific breakthroughs. It&#8217;s working quietly to boost <a href="https://www.benzinga.com/etfs">several ETFs </a>with high concentrations of these soaring stocks.
Check out the current price of&nbsp;<a href="https://archive.ph/o/7OU5N/https://benzinga.com/quote/c" target="_blank" rel="noreferrer noopener">Citigroup stock here</a>.
If you&#8217;ve been holding out for indications of a general market comeback, the tape just provided one. And ETFs, those talented, underappreciated vehicles, are along for the ride. 
Of course, we cannot begin the discussion without mentioning SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>), the standard bearer for S&amp;P 500 Index performance. This fund, along with another favorite, Vanguard S&amp;P 500 ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VOO#NYSE">VOO</a>) are slightly up on Thursday. These funds mirror the performance of the S&amp;P 500 Index.
Also Read: <a href="https://www.benzinga.com/trading-ideas/long-ideas/25/07/46610320/this-overlooked-trigger-could-send-stocks-even-higher">This Overlooked Trigger Could Send Stocks Even Higher</a>
<h2 class="wp-block-heading">Bank Stocks: Betting On All-Time Highs</h2>
JPMorgan Chase (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) hovered at record highs, breaking previous levels since its 1983 IPO. Citigroup, on the other hand, hit levels not seen since the pre-crisis time of November 2008. BlackRock (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BLK#NYSE">BLK</a>) came aboard, achieving its own record high since its 1999 IPO.
All three are top holdings in Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>), which has picked up pace in the wake of good Q2 earnings, increasing net interest margins, and expectations that Fed rate cuts are imminent than they seem. Vanguard Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VFH#NYSE">VFH</a>) and iShares U.S. Financials ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/IYF#NYSE">IYF</a>) also provide exposure. 
<h2 class="wp-block-heading">Industrial Might: The Defense Trade Is Booming</h2>
Caterpillar (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAT#NYSE">CAT</a>) broke its new all-time high, dating back to its NYSE listing in 1929. Additionally, General Dynamics (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GD#NYSE">GD</a>) and Northrop Grumman (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/NOC#NYSE">NOC</a>) are soaring higher than they have at any point in their public market history.
The industrials sector has quietly been the place to be. Defense budgets remain resilient despite macro worries, and infrastructure plays like CAT are thriving amid robust demand and reshoring trends. Investors can tap into this trend via Industrial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLI#NYSE">XLI</a>) or iShares U.S. Aerospace &amp; Defense ETF (BATS:<a class="ticker" href="https://www.benzinga.com/stock/ITA#BATS">ITA</a>), both of which inched up on Thursday.
<h2 class="wp-block-heading">Beauty &amp; Bargains: Consumers Are Still Spending</h2>
Ulta Beauty (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULTA#NASDAQ">ULTA</a>) and Dollar Tree (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLTR#NASDAQ">DLTR</a>) are not only surviving, but they&#8217;re thriving. Ulta hit levels not reached since April 2024, while Dollar Tree regained its June 2024 high. The message? Consumers are still swiping, even in a higher-for-longer rate environment.
VanEck Retail ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RTH#NASDAQ">RTH</a>) is capitalizing on these areas of unexpected strength in consumer spending. While technology grabs the spotlight, retail is the true dark horse of this earnings season. 
Broadcom (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AVGO#NASDAQ">AVGO</a>) continued its AI-driven rise, reaching new highs since its Avago IPO in 2009. 
These gains are trickling into VanEck Semiconductor ETF (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SMH#NASDAQ">SMH</a>), and broad tech-oriented funds such as Technology Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLK#NYSE">XLK</a>) and Vanguard Information Technology Index Fund ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/VGT#NYSE">VGT</a>). Even equal-weight exposure, such as RSP, is experiencing a stealthy boost as mega-cap dominance becomes diluted.
<h2 class="wp-block-heading">The ETF Takeaway</h2>
With 38 S&amp;P 500 stocks hitting 52-week highs in vastly different sectors, the trend no longer appears to be a fluke but rather the beginning of a larger momentum wave. The allure of ETFs is that they allow investors to participate in these trends without having to individually pick winners.
Should momentum persist, these ETFs should continue to rise, not in a flashy fashion but rather in the low-key, slow-burn way to wealth.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/new-etfs/25/07/46613442/pgim-targets-yield-hunters-with-3-new-corporate-bond-etfs-in-the-pipeline">PGIM Targets Yield Hunters With 3 New Corporate Bond ETFs In The Pipeline</a></li>
</ul>
Photo: LookerStudio on Shutterstock.com

Broad U.S. Equity ETFs

ETFs

AVGO

DLTR

iShares Dow Jones US Aerospace & Defense Index Fund

iShares Dow Jones US Financial Sector Index Fund

Merrill Lynch Retail HOLDRS Trust due 12/31/41

ULTA

S&P 500 Stocks At 52-Week Highs? These ETFs Just Cashed In

Circle Internet Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRCL#NYSE">CRCL</a>) has seen its stock rating downgraded by Compass Point from Neutral to Sell. The company&#8217;s price target has also been significantly reduced from $216.10 to $130.
What Happened: The downgrade comes in the wake of the latest U.S. stablecoin legislation, which has prompted Compass Point to re-evaluate Circle&#8217;s long-term economic prospects to its current $53 billion valuation, as reported <a href="https://www.investing.com/news/analyst-ratings/circle-internet-group-stock-rating-downgraded-to-sell-by-compass-point-93CH-4144836">by</a> Investing.com on Monday.
While the firm still acknowledges the potential of Circle&#8217;s USDC stablecoin in the financial system, it has become more cautious about the company&#8217;s future economics.
Compass Point expects Circle to grow its distribution network shortly, a move that could put pressure on the company's profitability.
The firm also anticipates that traditional banks and fintech firms will launch rival stablecoin products in the second half of 2025, potentially challenging Circle's long-term EBITDA margins and market share.
See Also: <a href="https://benzinga.com/crypto/cryptocurrency/25/07/46529190/trader-who-called-bitcoin-ethereum-solana-bottom-in-april-now-warns-local-top-likely-in-aug" target="_blank" rel="noopener">Trader Who Called Bitcoin, Ethereum, Solana Bottom In April Now Warns Local Top Likely In August</a>
Why It Matters: Last week, Citigroup Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) initiated coverage on Circle with a Buy rating, highlighting the <a href="https://www.benzinga.com/markets/equities/25/07/46387454/citi-sees-30-upside-in-circle-stock-backs-usdc-issuer-as-key-player-in-stablecoin-market">company's strong potential to lead stablecoin</a> adoption. 
During the same week, Jeremy Allaire, CEO of Circle Internet Group, highlighted that stablecoins, such as Circle&#8217;s USDC, are <a href="https://www.benzinga.com/markets/tech/25/07/46432984/circle-ceo-stablecoins-are-going-mainstream-fast">rapidly gaining traction</a> as a preferred medium for both retail and institutional transactions.
Circle also become a <a href="https://www.benzinga.com/markets/tech/25/07/46322945/the-curious-case-of-circle-stock-wall-street-cant-agree-on-the-future-of-finance">highly polarizing stock</a> following its blockbuster IPO, with analysts deeply divided on its outlook. Bearish analysts point to overvaluation, flat USDC supply, shrinking margins, and regulatory risks
Price Action: Circle closed Monday at $216.10, marking a 3.43% decline, and slipped a further 1.81% in pre-market trading, according to <a href="https://pro.benzinga.com/dashboard">Benzinga Pro data</a>.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://benzinga.com/news/politics/25/07/46511833/tim-burchett-shrugs-off-trumps-stupid-remark-doubles-down-on-jeffrey-epstein-files-push-doesnt-give-up-its-secrets-very-easy" target="_blank" rel="noopener">Tim Burchett Shrugs Off Trump&#8217;s &#8216;Stupid&#8217; Remark, Doubles Down On Jeffrey Epstein Files Push: &#8216;Doesn&#8217;t Give Up Its Secrets Very Easily&#8217;</a></li>
</ul>
Disclaimer:&nbsp;This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.
Photo Courtesy: PJ McDonnell from Shutterstock

Compass Point Calls Circle Overvalued, Cuts Price Target After Stablecoin Legislation Threatens Profit Outlook

High-rolling investors have positioned themselves bullish on Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), and it's important for retail traders to take note. 
\This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in C often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 13 options trades for Citigroup. This is not a typical pattern.
The sentiment among these major traders is split, with 69% bullish and 30% bearish. Among all the options we identified, there was one put, amounting to $2,534,155, and 12 calls, totaling $770,626.
<h3>Predicted Price Range</h3>
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $80.0 to $100.0 for Citigroup over the recent three months. 
<h3>Volume &amp; Open Interest Development</h3>
Assessing the volume and open interest is a strategic step in options trading. These metrics shed light on the liquidity and investor interest in Citigroup's options at specified strike prices. The forthcoming data visualizes the fluctuation in volume and open interest for both calls and puts, linked to Citigroup's substantial trades, within a strike price spectrum from $80.0 to $100.0 over the preceding 30 days.
<h3>Citigroup Call and Put Volume: 30-Day Overview</h3>
<img src="https://www.benzinga.com/files/images/story/2025/1753106519_0.png" alt="Options Call Chart" />
<h3>Largest Options Trades Observed:</h3>

<table>
<thead>
<tr>
<th>Symbol</th>
<th>PUT/CALL</th>
<th>Trade Type</th>
<th>Sentiment</th>
<th>Exp. Date</th>
<th>Ask</th>
<th>Bid</th>
<th>Price</th>
<th>Strike Price</th>
<th>Total Trade Price</th>
<th>Open Interest</th>
<th>Volume</th>
</tr>
</thead>
<tbody>
<tr>
<td>C</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>03/20/26</td>
<td>$8.45</td>
<td>$8.4</td>
<td>$8.45</td>
<td>$95.00</td>
<td>$2.5M</td>
<td>13</td>
<td>3.0K</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/25/25</td>
<td>$4.65</td>
<td>$4.55</td>
<td>$4.65</td>
<td>$89.00</td>
<td>$186.4K</td>
<td>10.0K</td>
<td>401</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>03/20/26</td>
<td>$8.0</td>
<td>$7.9</td>
<td>$8.0</td>
<td>$95.00</td>
<td>$80.0K</td>
<td>7.3K</td>
<td>102</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>07/25/25</td>
<td>$13.65</td>
<td>$13.4</td>
<td>$13.65</td>
<td>$80.00</td>
<td>$72.3K</td>
<td>657</td>
<td>65</td>
</tr>
<tr>
<td>C</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>08/01/25</td>
<td>$1.48</td>
<td>$1.45</td>
<td>$1.48</td>
<td>$94.00</td>
<td>$67.3K</td>
<td>341</td>
<td>7</td>
</tr>
</tbody>
</table>

<h3>About Citigroup</h3>
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into five primary segments: services, markets, banking, US personal banking, and wealth management. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.
<h3>Where Is Citigroup Standing Right Now?</h3>
<ul>
<li>With a trading volume of 1,074,297, the price of C is up by 0.04%, reaching $93.49.</li>
<li>Current RSI values indicate that the stock is may be overbought.</li>
<li>Next earnings report is scheduled for 85 days from now.</li>
</ul>
<h3>Expert Opinions on Citigroup</h3>
5 market experts have recently issued ratings for this stock, with a consensus target price of $105.2.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. <a href="https://www.benzinga.com/premium/ideas/options-moneyline-2/?t=Moop1arja3be22op14&amp;adType=benzinga-insights&amp;ad=options-activity&amp;campaign=wallstreetadvantage">Click here for access</a>. 
&#x2A; Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Citigroup with a target price of $123. 
&#x2A; An analyst from B of A Securities persists with their Buy rating on Citigroup, maintaining a target price of $100. 
&#x2A; Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on Citigroup with a target price of $107. 
&#x2A; Consistent in their evaluation, an analyst from Barclays keeps a Overweight rating on Citigroup with a target price of $100. 
&#x2A; An analyst from Goldman Sachs persists with their Buy rating on Citigroup, maintaining a target price of $96. 
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
If you want to stay updated on the latest options trades for Citigroup, <a href="https://www.benzinga.com/pro/">Benzinga Pro</a> gives you real-time options trades alerts.

Check Out What Whales Are Doing With Citigroup

Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) has <a target="_blank" href="https://www.benzinga.com/topic/banks" rel="noreferrer noopener">kicked off</a> earnings season with strong second-quarter 2025 results, prompting several Wall Street analysts to reiterate positive ratings and raise price forecasts for the banking giant.
The company&#8217;s performance was highlighted by an impressive beat on earnings per share and net interest income, driven by robust activity in its Markets and Services segments, along with disciplined expense management.
Analysts from Piper Sandler, UBS, and Keefe, Bruyette &amp; Woods lauded Citi&#8217;s improved outlook, significant capital returns, and a clearer path towards achieving its return on tangible common equity (ROTCE) targets, despite the stock trading slightly lower on Wednesday following the initial report.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/earnings/25/07/46417779/citigroup-q2-revenue-and-profit-jumps-cfo-says-recession-risk-has-fallen" rel="noreferrer noopener">Citigroup Q2 Revenue And Profit Jumps, CFO Says Recession Risk Has Fallen</a>
Piper Sandler&#8217;s Scott Siefers maintained an Overweight rating, increasing his price forecast from $84 to $104. UBS analyst Erika Najarian <a href="https://www.benzinga.com/quote/C/analyst-ratings" target="_blank" rel="noreferrer noopener">reiterated</a> a Neutral rating with a price forecast of $89. Meanwhile, Keefe, Bruyette &amp; Woods analyst Christopher McGratty reiterated a Buy rating, setting a price forecast of $105. These analysts highlighted various factors contributing to their optimism.
<h2 class="wp-block-heading">Piper Sandler</h2>
Following Citigroup&#8217;s strong second-quarter fiscal 2025 earnings and updated guidance, Siefers raised his EPS estimates. The analyst increased his 2025 EPS forecast from $7.26 to $7.30 and 2026 EPS from $9.27 to $9.46.
He noted that Citigroup looks poised to emerge as one of this quarter&#8217;s standout performers. Core results came in above expectations, especially on NII, which rose 8.3% quarter-over-quarter, and expenses, which grew just 1.3% quarter-over-quarter, Siefers noted. 
While credit costs of $2.8 billion were $90 million above the analyst&#8217;s forecast, and noninterest revenue missed by $136 million (mainly due to overestimating Markets), investment banking beat expectations, offsetting the shortfall.
Even after a strong year-to-date rally across universal banks, Citigroup remains the best value, trading at 96% of tangible book value (P/TBV), the only major bank still below TBV, Siefers noted. The analyst continues to see meaningful upside, supported by positive operating leverage, more substantial capital returns, and a more straightforward path to achieving 10%-11% ROTCE by 2026.
<h2 class="wp-block-heading">UBS</h2>
Citigroup delivered second-quarter fiscal 2025 EPS of $1.96, well above Najarian&#8217;s estimate of $1.64 and the consensus estimate of $1.63. She noted that the bank reported net interest income (NII) of $15.2 billion, beating expectations by about $1.2 billion, or roughly 50 cents per share. According to the analyst, the bulk of the NII upside came from Markets (about $900 million) and Services (around $200 million).
Although fee income came in lower than expected, the shortfall appears tied to FICC trading geography, where NII offset weaker fee performance, Najarian noted. Total Markets outperformed by 17 cents, led by FICC strength (+14 cents). In comparison, investment banking added 2 cents above expectations, driven by solid advisory and ECM performance, areas where Citi has not historically led compared to its DCM dominance, as per the analyst.
She noted that operating expenses came in 2 cents below forecast, and provisions were 3 cents lighter than expected. Citigroup now guides to the higher end of its previous revenue range at ~$84 billion, with full-year expenses projected at $53.4 billion, Najarian said. While consensus already reflects those figures, the analyst noted that strong PPNR (pre-provision net revenue) adds to the stock&#8217;s appeal, even amid crowded long positioning.
Citigroup returned about $2 billion in buybacks during the quarter and is expected to face significant attention around potential buyback levels of $3-4 billion per quarter in the second half of 2025, Najarian said. Regardless of how much guidance management offers on capital return, the analyst expects the stock to react favorably to the solid PPNR beat.
<h2 class="wp-block-heading">Keefe, Bruyette &amp; Woods</h2>
McGratty raised its 2025 and 2026 EPS estimates for Citigroup by 5% and 3%, respectively, following a stronger-than-expected second-quarter fiscal 2025 performance and improved guidance. The analyst lifted 2025 EPS to $7.55 from $7.20 and 2026 EPS to $9.75 from $9.50, citing higher revenues and solid execution across key areas.
McGratty noted that Citigroup outperformed the broader bank index by 610 basis points on the day (+3.7% vs. BKX -2.4%), driven by its guidance for at least $4 billion in third-quarter fiscal 2025 buybacks, strong markets and investment banking results, lower net charge-offs (NCOs) in the card business, and continued positive operating leverage.
The analyst noted these developments increase its confidence in Citi reaching its 2026 ROTCE target of 10-11% (KBW estimate: 9.8%), supporting its long-term bullish thesis.
He noted that in the second quarter, NII beat expectations, supported by 3% average loan growth and favorable TTS deposit spreads.
Markets revenue posted the second-best quarter since 2020, rising 16% year-over-year and exceeding mid-quarter guidance, McGratty said. Investment banking also outperformed, growing 13% year-over-year, led by Advisory and ECM strength, the analyst pointed out.
Citi returned $2.0 billion in share buybacks, slightly ahead of KBW&#8217;s $1.8 billion forecast. Meanwhile, he added that branded card NCLs held steady at 3.5-4.0%, and retail services NCLs remained at 5.75–6.25%.
McGratty noted Citi raised its 2025 revenue guidance to ~$84.0 billion (previous: $83.1-$84.1 billion) and now expects NII ex-Markets to grow ~4% Y/Y (prior: 2–3%). The analyst added that Citi maintained expense guidance at ~$53.4 billion, subject to volume and revenue-related shifts.
McGratty emphasized that Citigroup remains the most compelling value play among large-cap banks, trading below tangible book value and best positioned to benefit from potential deregulation. He added that achieving its ROTCE goal by 2026 could be a key rerating catalyst, especially amid continued macro and geopolitical uncertainty.
McGratty noted that despite Citigroup&#8217;s stock being historically inexpensive, he believes near-term catalysts enhance its attractiveness. 
He highlighted two primary reasons: First, Citi&#8217;s strong franchise and recent management adjustments position the firm to capitalize on revenue opportunities in investment banking and trading, particularly given expectations for improved market conditions post-election in areas like M&amp;A, ECM, and FICC trading. Second, a potential reduction in regulations could not only alleviate some control and procedure risks for Citi but also offer substantial capital relief, with Citi being the primary beneficiary should the Basel III endgame be relaxed.
Price Action: Despite the broadly positive analyst sentiment, Citigroup&#8217;s stock was trading lower by 1.71% to $88.48 at last check Wednesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/large-cap/25/07/46437052/mastercard-launches-ultra-exclusive-card-for-high-spenders" target="_blank" rel="noreferrer noopener">Mastercard Launches New Benefits, Ultra-Exclusive Card For High Spenders</a></li>
</ul>
Photo by Konektus via Shutterstock

Reiteration

Trading Ideas

Why Citigroup Is Still The Best Value Bet In Large-Cap Banking

Goldman Sachs Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>) reported a solid second quarter for 2025, with results surpassing analyst estimates. The firm demonstrated strong performance across key segments, including significant contributions from its trading and investment banking operations. This quarter&#8217;s results also saw the company increase its shareholder returns.
JPMorgan analyst Kian Abouhossein reviewed Goldman Sachs Group Inc.&#8216;s&nbsp;(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>)&nbsp;second-quarter 2025 results, <a href="https://www.benzinga.com/quote/GS/analyst-ratings">highlighting</a> a solid earnings beat and strong performance across key segments. 
Goldman <a target="_blank" href="https://www.benzinga.com/markets/earnings/25/07/46442746/goldman-sachs-q2-asset-under-supervision-hit-record-net-interest-income-surges-56" rel="noreferrer noopener">reported</a> earnings of $10.91 per share, surpassing the consensus estimate of $9.48. Revenue rose 15% year over year to $14.58 billion, driven by robust results in trading and investment banking.
Also Read: <a href="https://www.benzinga.com/markets/earnings/25/07/46417779/citigroup-q2-revenue-and-profit-jumps-cfo-says-recession-risk-has-fallen" target="_blank" rel="noreferrer noopener">Citigroup Q2 Revenue And Profit Jumps, CFO Says Recession Risk Has Fallen</a>
Equities revenue surged 36%, and investment banking fees climbed 26%. Net interest income increased 56% to $3.1 billion. Assets under supervision reached a record $3.29 trillion, supported by $5 billion in net inflows.
The firm returned $3.96 billion to shareholders during the quarter and raised its quarterly dividend to $4.00 per share. Return on equity stood at 12.8%, and the Common Equity Tier 1 (CET1) capital ratio was 14.5%.
CEO David Solomon attributed the strong results to solid execution and an ongoing commitment to risk management.
The analyst noted that Goldman Sachs Group Inc. posted earnings 12% above Bloomberg consensus and 29% ahead of JPMorgan estimates. Pre-tax earnings of $4.96 billion exceeded expectations by 27%. Return on tangible equity reached 13.6% for the quarter and 15.8% for the first half of 2025.
According to Kian Abouhossein, a key highlight was equities sales and trading revenue, which jumped 36% year over year to a record $4.3 billion, outperforming peers such as Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) and Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>).
The analyst expects low-to-mid-single-digit EPS upgrades for 2025 and sees Goldman Sachs shares likely outperforming peers.
According to the analyst&#8217;s valuation, Goldman Sachs currently trades at 13.2 times forward earnings and 2.1 times tangible book value, with a projected return on tangible equity of 15.8% by 2027. The stock is rated Overweight.
Recent Analyst Ratings:
<ul class="wp-block-list">
<li>HSBC analyst Saul Martinez downgraded the stock to Reduce from Hold but raised the price target from $558 to $627 on July 8, 2025.</li>
<li>Wells Fargo analyst Mike Mayo reiterated an Overweight rating and raised the price target from $650 to $785 on July 8, 2025.</li>
<li>Evercore ISI analyst Glenn Schorr maintained an Outperform rating and boosted the price target from $630 to $715 on July 2, 2025.</li>
<li>Morgan Stanley analyst Betsy Graseck kept an Equal-Weight rating while lifting the price target from $570 to $592 on June 23, 2025.</li>
<li>RBC Capital analyst Gerard Cassidy reaffirmed a Sector Perform rating but trimmed the price target from $610 to $560 on April 15, 2025.</li>
</ul>
Price Action: GS shares were trading lower by 0.26% to $700.19 at last check Wednesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/earnings/25/07/46441436/bank-of-america-q2-loans-and-deposits-grow-efficiency-ratio-increases-to-64-58" target="_blank" rel="noreferrer noopener">Bank of America Q2 Loans And Deposits Grow, Efficiency Ratio Increases To 64.58%</a></li>
</ul>
Photo by ioda via Shutterstock

Goldman Sachs Delivers Q2 Powerhouse, Stock Set To Outperform

Wells Fargo analyst Mike Mayo maintains Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) with a Overweight and raises the price target from $110 to $115.

Wells Fargo Maintains Overweight on Citigroup, Raises Price Target to $115

While the market absorbs a mixed bag of <a href="https://www.benzinga.com/markets/equities/25/07/46435439/dow-tumbles-over-400-points-as-inflation-rises-faster-than-expected-fear-index-moves-to-greed-zone">inflation reports</a> and Fed projections, focus is shifting back to earnings, <a href="https://www.benzinga.com/analyst-stock-ratings/analyst-color/25/07/46420414/bank-earnings-performance-q2-citigroup-jpmorgan-blackrock-wells-fargo">beginning with the largest banks</a>. Goldman Sachs (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/GS#NYSE">GS</a>), Morgan Stanley (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/MS#NYSE">MS</a>) and Bank of America (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) reported on Wednesday and their figures have the financial sector cheering.
But rather than stock-picking their way through spreadsheets and surprise provisions, <a href="https://www.benzinga.com/etfs">ETF investors</a> can take a more direct approach: positioning through financial sector funds that provide broad exposure to Wall Street&#8217;s largest names.
The earnings season started on a positive note on Tuesday. Wells Fargo &amp; Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/WC#NYSE">WC</a>) topped forecasts with higher-than-expected second-quarter adjusted EPS on July 15, benefiting from higher net interest income and careful cost discipline. Meanwhile, JPMorgan Chase &amp; Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) also exceeded expectations, with solid performances from both its consumer and commercial banking segments.
These initial beats gave hope that the remainder of the large bank group— Goldman Sachs, Morgan Stanley, and Bank of America— could do the same, and they did today. 
Bank of America beat earnings estimates and saw revenue growth. Goldman Sachs also came ahead of estimates, as trading operations generated $840 million more revenue than expected. Morgan Stanley, too, beat earnings estimates on increased trading revenues.
This creates a key window now for ETF investors wanting to ride or hedge against banking sector volatility.
<h2 class="wp-block-heading">The ETF Earnings Playbook: Financials In Focus</h2>
Bank stocks can sometimes serve as macroeconomic health indicators. Loan expansion, consumer credit, investment banking work, and trading revenues all speak to a larger economic tale. And when sentiment is soaring (as it is currently, with the CNN Fear &amp; Greed Index in the &#8220;Greed&#8221; range), financials may receive a boost or a beating from even small surprises.
Three ETFs are in the limelight this earnings season:
Financial Select Sector SPDR Fund (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/XLF#NYSE">XLF</a>): The fund, which has an expense ratio of 0.08%, has leadership holdings in JPMorgan Chase, Bank of America, Wells Fargo, Goldman Sachs, and Morgan Stanley.
Why it matters: XLF is the favorite ETF among retail and institutional investors for financials. It&#8217;s diversified across large-cap banks, insurers and asset managers.
The trade: Bullish on big banks beating earnings estimates? XLF provides broad but concentrated exposure.
SPDR S&amp;P Bank ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/KBE#NYSE">KBE</a>): This fund has an expense ratio of 0.35% and has exposure to large and regional banks. Among the top holdings are Bancorp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TBBK#NASDAQ">TBBK</a>), Citigroup Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>), and Northern Trust Corp (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRS#NASDAQ">NTRS</a>).
Why it matters: KBE equal-weights its positions, so it&#8217;s not controlled by the megabanks. That makes it a good bet if you believe the regional banking sector will surprise to the upside, or just remain stable after a rough year.
The trade: Use KBE to get a better handle on the banking sector, particularly if you anticipate positive news beyond the household names.
SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>): Top holdings: Apple (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/AAPL#NASDAQ">AAPL</a>), Microsoft (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MSFT#NASDAQ">MSFT</a>), Nvidia (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVDA#NASDAQ">NVDA</a>), and, yes, the banks.
Why it matters: SPY is not a financials ETF, but banking earnings tend to lead the overall market in terms of setting the tone. Positive bank earnings can boost investor sentiment across the board.
The trade: For those who think banks will lead the momentum and enhance risk appetite, SPY is a means to participate in that without committing to a single sector.
Although the hot <a href="https://www.benzinga.com/markets/economic-data/25/07/46413961/june-inflation-cpi-report">headline inflation print </a>was at 2.7% YoY, core inflation surprisingly came in lower. That could be a green light for the banks, particularly if interest rate expectations are maintained and the loan books are healthy.
Despite this, not everything is rosy. The Dow fell by over 400 points on Tuesday and healthcare and materials pulled the S&amp;P 500 down. But Nasdaq jumped to new highs following Nvidia&#8217;s AI-powered chip romp, illustrating just how divided the market is.
<h2 class="wp-block-heading">Know Your Risk, Pick Your Basket</h2>
Earnings season is never predictable, but with ETFs, you don&#8217;t have to choose winners and losers stock by stock. Let the sector and investor sentiment do the heavy lifting.
So, whether you&#8217;re placing your bets on big beats or hedging against a letdown, ETFs such as XLF, KBE and SPY provide diversified, accessible ways to make your perspective a reality.
Because nothing speaks greed like doubling down on bank earnings, through ETFs.
Read Next: 
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/etfs/sector-etfs/25/07/46423852/nvidias-china-chip-deal-signals-new-tailwind-for-chip-and-ai-etfs">Nvidia&#8217;s China Chip Deal Signals New Tailwind For Chip And AI ETFs</a></li>
</ul>
Photo: Shutterstock

Sector ETFs

AAPL

MSFT

NTRS

NVDA

TBBK

ETF Playbook For Bank Earnings: Big Bets On Goldman, Morgan Stanley, BofA

Truist Securities analyst John McDonald maintains Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) with a Buy and raises the price target from $93 to $99.

Truist Securities Maintains Buy on Citigroup, Raises Price Target to $99

Piper Sandler analyst Scott Siefers maintains Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) with a Overweight and raises the price target from $84 to $104.

Piper Sandler Maintains Overweight on Citigroup, Raises Price Target to $104

Bank of America Corp (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BAC#NYSE">BAC</a>) reported&nbsp;<a target="_blank" href="https://www.benzinga.com/topic/banks" rel="noreferrer noopener">second-quarter fiscal</a> 2025&nbsp;net income of $7.1 billion (versus $6.9 billion a year ago) and EPS of $0.89, beating the&nbsp;<a target="_blank" href="https://www.benzinga.com/calendars/earnings" rel="noreferrer noopener">analyst consensus estimate</a> of $0.87.
Revenue, net of interest expense, increased 4% year-over-year (Y/Y) to $26.5 billion, missing the&nbsp;analyst consensus estimate <a target="_blank" href="https://investor.bankofamerica.com/quarterly-earnings" rel="noreferrer noopener">of&nbsp;$26.8 billion</a>.
Higher net interest income (NII), sales and trading revenue, asset management fees, and lower investment banking fees drove the growth.
Also Read: <a target="_blank" href="https://www.benzinga.com/markets/equities/25/06/46158087/big-banks-pass-feds-2025-stress-test-with-ease-but-some-say-it-was-too-easy" rel="noreferrer noopener">Big Banks Pass Fed&#8217;s 2025 Stress Test With Ease—But Some Say It Was Too Easy</a>
Consumer Banking clocked $2.97 billion versus $2.6 billion Y/Y, Global Wealth and Investment Management was $993 million versus $1.03 billion Y/Y, Global Banking was $1.7 billion versus $2.1 billion Y/Y, and Global Markets was $1.6 billion versus $1.4 billion Y/Y.
Investment banking fees (global banking) declined by 9% to $1.4 billion, lagging behind rivals JPMorgan (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JPM#NYSE">JPM</a>) and Citigroup&#8217;s (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) <a href="https://www.benzinga.com/markets/earnings/25/07/46417779/citigroup-q2-revenue-and-profit-jumps-cfo-says-recession-risk-has-fallen" target="_blank" rel="noreferrer noopener">quarterly growth due</a> to rebounding activity at the end of the quarter.
Net interest income was $14.7 billion (+7% Y/Y), driven by Global Markets activity, fixed-rate asset repricing, and loan growth. Last year, the Federal Reserve&#8217;s rate cuts <a target="_blank" href="https://www.google.com/search?q=benzinga+fed+rate+cut+2024+anusuya&amp;sca_esv=f5de1430e5856d41&amp;ei=iZN3aNWMB72X4-EP-7Ll2Qo&amp;ved=0ahUKEwiV9du3qcGOAxW9yzgGHXtZOasQ4dUDCBA&amp;uact=5&amp;oq=benzinga+fed+rate+cut+2024+anusuya&amp;gs_lp=Egxnd3Mtd2l6LXNlcnAiImJlbnppbmdhIGZlZCByYXRlIGN1dCAyMDI0IGFudXN1eWFIpA5QjwZY9AtwAXgAkAEAmAHwAaAB2AeqAQUwLjMuMrgBA8gBAPgBAZgCAqACyAHCAg4QABiABBiwAxiGAxiKBcICBRAAGO8FmAMAiAYBkAYCkgcDMS4xoAegBbIHAzAuMbgHwQHCBwMyLTLIBwo&amp;sclient=gws-wiz-serp" rel="noreferrer noopener">lowered banks&#8217; deposit costs</a>, allowing them to keep more of the difference between loan income and deposit payouts, boosting their net interest income.
Noninterest income was $11.8 billion (+1% Y/Y). Provision for credit losses grew 6.7% Y/Y to $1.6 billion.
The efficiency ratio for the quarter was 64.58%, compared to 63.86% Y/Y. The bank reported a CET1 ratio of 11.5%, compared to 11.9% a year ago. The book value per share of $37.13 improved by 8%.
The average loan and lease balance was $1.13 trillion (+7% Y/Y). Average deposits are up 3% Y/Y to $1.97 trillion.
Chair and CEO Brian Moynihan said Bank of America delivered a strong quarter, with earnings per share rising 7% Y/Y. He noted that net interest income increased for the fourth consecutive quarter, driven by steady deposit growth over eight quarters and a 7% rise in loan volume.
Consumers showed resilience, maintaining solid spending and strong asset quality, while commercial clients increased their credit utilization. Moynihan also highlighted positive momentum in the bank&#8217;s markets division and said Bank of America has provided more capital to its businesses and returned 40% more capital to shareholders in the first half of 2025 compared to last year.
In&nbsp;the&nbsp;fourth quarter, Bank of America expects a <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">net interest income</a> of $15.5 billion to $15.7 billion.
Despite a 24% gain in the last three months, Bank of America&#8217;s stock is up 5% year-to-date. Global markets have swung wildly since U.S. President Donald Trump announced tariffs on international trading partners in April. That volatility has boosted the markets businesses at Bank of America and other Wall Street firms, as heightened client activity has driven revenue, even as hopes for a strong rebound in mergers and acquisitions have fallen short, Bloomberg <a target="_blank" href="https://www.bloomberg.com/news/articles/2025-07-16/bofa-tops-estimates-as-trading-loan-revenue-beat-expectations?srnd=homepage-europe&amp;sref=TBDibEcD" rel="noreferrer noopener">reported</a> on Wednesday.
Price Action: BAC stock is trading higher by 1.41% to $46.80 premarket at last check Wednesday.
Read Next:
<ul class="wp-block-list">
<li><a href="https://www.benzinga.com/markets/earnings/25/07/46417779/citigroup-q2-revenue-and-profit-jumps-cfo-says-recession-risk-has-fallen" target="_blank" rel="noreferrer noopener">Citigroup Q2 Revenue And Profit Jumps, CFO Says Recession Risk Has Fallen</a></li>
</ul>
Image via Shutterstock

Earnings

Guidance

Movers

Bank of America Q2 Loans And Deposits Grow, Efficiency Ratio Increases To 64.58%

Oppenheimer analyst Chris Kotowski maintains Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) with a Outperform and raises the price target from $107 to $123.

Oppenheimer Maintains Outperform on Citigroup, Raises Price Target to $123

Barclays analyst Jason Goldberg maintains Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) with a Overweight and raises the price target from $95 to $100.

Barclays Maintains Overweight on Citigroup, Raises Price Target to $100

Fintech

Press Releases

Global fintech CrediLinq Raises $8.5M Series A to Accelerate the Growth of B2B Embedded Finance

Citigroup Raises Price Target On Gold As Markets Remain Volatile

Citigroup Announces $650 Million Redemption of Floating Rate Notes Due 2026

Citigroup Warns That Gold's Price Could Fall To $2,500 An Ounce

Citi Appointed as Depositary Bank for Scage Future's ADR Program

Citigroup Declares Common Stock Dividend

Citigroup Reports Second Quarter 2025 Results

Citi Appointed as Depositary Bank for Youlife Group Inc.'s ADR Program

Bitcoin's Price Could Reach $199,000 By Year's End, Says Citigroup

Citi Launches the Citi Strata Elite Credit Card

$BTC

$ETH

Bank of America

Banco Bradesco Sa American Depositary Shares

Bank Bradesco

Banco Bradesco Sa American Depositary Shares (each representing one Common Share)

Banco Bilbao Vizcaya Argentaria S.A. Common Stock

BBVA

Barclays

Banco Santander Brasil SA American Depositary Shares, each representing one unit

Banco Santander

First Citizens BancShares, Inc. - Class A Common Stock

First Citizens BancShares

Fifth Third Bancorp

HDFC Bank

HSBC Holdings

ICICI Bank

ING Groep

Itau Unibanco Banco Holding SA American Depositary Shares (Each repstg 500 Preferred shares)

Itau Unibanco Holding

JPMorgan Chase

KB Financial Group

Lloyds Banking Group Plc American Depositary Shares

Lloyds Banking Group

Mizuho Financial Group, Inc. Sponosred ADR (Japan)

Mizuho Financial Gr

Mitsubishi UFJ Financial Group, Inc. Common Stock

Mitsubishi UFJ Finl Gr

Nu Holdings

NatWest Group plc American Depositary Shares, (each representing two (2) Ordinary Shares)

NatWest Group

PNC Financial Services Group, Inc. (The) Common Stock

PNC Financial Services Gr

Banco Santander, S.A. Sponsored ADR (Spain)

Sumitomo Mitsui Financial Group Inc Unsponsored American Depositary Shares (Japan)

Sumitomo Mitsui Finl Gr

U.S. Bancorp

Wells Fargo

Oppenheimer

Truist Securities

Piper Sandler

Screenshot 2025-02-27 at 6.42.27 PM

Emerging Markets

Movers & Shakers

IPOs

BNPQF

Strats Sm Trust For Goldman Sachs Group Securiti

Comments

Citigroup

Noticias

Últimas noticias sobre Citigroup (NYSE:C) Bolsa

Noticias

SOCIO/CONTRIBUIDOR

BENZINGA GLOBAL