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"The stock has become a victim of its own success," Bespoke's Paul Hickey told Business Insider.
According to Citi, broader structural shifts are also putting pressure on U.S. equity dominance, including growing competition from China's DeepSeek AI model and fiscal stimulus efforts in Europe.
Tencent's shares have risen 21% so far this year after rising 19% in the first quarter as investors cheer its AI investments. Morgan Stanley analysts said in a recent note that Tencent could generate ...
Investors fell out of love with American assets. But a trade truce with China has them wondering if they should forgive, ...
Citigroup's markets revenue rose 12% to $6 billion in the quarter, surpassing its earlier expectations for a mid-single-digit percentage gain, the bank said on Tuesday.
“The drivers of ‘exceptionalism’ are fading, both from a GDP and EPS perspective,” Citi analysts led by ... pressured by the DeepSeek artificial intelligence model out of China and ...
We recently published a list of 10 Michael Burry Stocks with Huge Upside Potential. In this article, we are going to take a ...
Citigroup beat Wall Street estimates for first-quarter profit on Tuesday and moved closer to its profitability target as its traders reaped a windfall from volatile markets that fueled client activity ...
Deepseek's release made waves for several reasons ... stop merely consuming AI and start building it. According to a 2024 Citibank report, up to 54% of banking roles could be impacted by AI.