CROAK (C) news

Arbitrage trading is still profitable, but the "easy win" era may be over! Citi warns of narrowing spread risks

The US foreign exchange trading team at Citigroup expects that although carry trade strategies may find it difficult to replicate the impressive returns of the previous period, they will still continue to offer profit opportunities for investors.

Marvell plunges 13%, Lumentum plunges 19%! The second largest tech merger in history triggers sell-off

Marvell announced the acquisition of Lumentum for an enterprise value of $115 billion, making it the second largest deal in the technology industry’s history after the merger of SpaceX and xAI. Upon completion of the transaction, former Marvell shareholders will hold approximately 67% of the merged company, and the deal is expected to be finalized in the first half of 2028. However, as AI-related stocks are currently under pressure, the market is not optimistic about this deal. Both Lumentum and Marvell shares plummeted on Monday as investors are concerned about the limited potential for cost synergies and the uncertainty of regulatory approval.

Citi's Consumer Cards Head Pam Habner to Present at Citi FinTech Conference

Wall Street on High Alert for the Biggest U.S. Treasury Issuance Adjustment in Years: Long-Term Bond Issuance May Be Cut Early, Short-Term Financing Ratio Faces Test

The U.S. Treasury will announce a new round of quarterly refinancing plans this Wednesday. Several primary dealers predict that the Treasury will adjust its policy language to allow for a reduction in long-term Treasury issuance next year, while compensating for the financing gap by increasing short-term debt issuance. Citi expects the Treasury may begin reducing the issuance of 20-year and 30-year Treasuries starting this month, which would diverge from the previous quarterly refinancing statement's guidance of maintaining stable issuance levels.

Canaan Sees Tighter Lending Favoring Anchor Tenants in Neocloud Market

Anthropic Reports Revenue Surge in First Nine Months, Net Loss Widens

Top Midday Stories: Anthropic Reports Q3 Net Loss of $23.29 Billion; Marvell to Acquire Lumentum for $115 Billion

BUZZ - Oracle shares fall due to $20 billion AI financing plan

Supernus and Indivior complete merger

Supernus completes merger with Indivior

Correction - BUZZ - Oracle shares fall after announcing $10 billion stock and $10 billion bond deals

BUZZ-Oracle shares fall after announcing a $10 billion stock offering and a $10 billion bond issuance plan

BUZZ - Oracle shares fall after announcing $10 billions stock offering and $10 billions bond offering plans

Sector Update: Financial Stocks Steady Pre-Bell Monday

ARTHUR J. GALLAGHER & CO. : CITIGROUP CUTS TO NEUTRAL FROM BUY; RAISES TARGET PRICE TO $300 FROM $285

Quarterly refinancing statement due on Wednesday, U.S. Treasury market holds its breath for major signals

The U.S. Treasury will release its quarterly refinancing statement this Wednesday, and the market anticipates that this may be the largest adjustment to U.S. Treasury issuance guidance since the beginning of 2024. Citi even predicts that the Treasury might cut 20-year and 30-year bond issuances ahead of schedule, shifting to increase the supply of short- and medium-term bonds. However, with the proportion of Treasury bills already rising to 22%, the pressure from short-term financing and the demand for long-term borrowing are creating a dilemma for the adjustment of the issuance structure.

Perion agrees to acquisition by Affle for $11.70 per share in cash

Market Chatter: Citigroup Provides Financing for Del Vecchio's Push to Gain Control of Delfin

ITALY'S PRYSMIAN : CITIGROUP RAISES TARGET PRICE TO EUR 141 FROM EUR 136

CITIGROUP <C.N>: JEFFERIES CUTS TARGET PRICE TO $150 FROM $155

Shopify (SHOP.US) on the Eve of Earnings: Can the AI Monetization Logic Hedge against Valuation Correction?

Shopify's share price has retreated 13% from its yearly high, but Q2 revenue surged by 33.6% year-on-year. As its collaboration with Meta Muse deepens, the market is focusing on its AI monetization capabilities and whether it can meet the Q3 revenue expectation of $3.74 billions.

U.S. Treasury issuance guidelines may face the largest adjustment since early 2024: long-term issuance likely to be reduced, reliance on short-term debt to rise

Wall Street is preparing for the largest adjustment to U.S. Treasury issuance guidelines since the beginning of 2024.

Bank of Japan shifts to “anti-inflation” mode! Kazuo Ueda hints at further room for rate hikes, December move under watch

The Bank of Japan kept its policy rate unchanged at 1.25% on Friday, but Governor Kazuo Ueda's remarks at the post-meeting press conference sent policy signals that are more noteworthy than the rate decision itself.

CITIGROUP <C.N>: JP MORGAN RAISES TARGET PRICE TO $148.5 FROM $147

Citi lowers euro to US dollar exchange rate expectations, citing European risks and high oil prices

Citigroup supplements debt offering circulars with third-quarter financial disclosures

BUZZ - Market Views: Broker says concerns about Oracle's financing and AI growth have eased following Analyst Day

DTCC Tokenization Service Launches With 20 Institutional Users

Citigroup issues EUR 2.5 million in callable zero-coupon notes

--Cigna Group Keeps Quarterly Dividend at $1.56 a Share, Payable Dec. 17 to Shareholders of Record on Dec. 3