Author: arthursheikin@gmail.com

[ad_1] Citigroup has emerged as one of the more compelling turnaround stories in the banking sector. Recent earnings highlighted strong revenue growth and improving profitability. Management’s disciplined cost controls and productivity savings are beginning to take hold, while returning over $3 billion to shareholders in buybacks and dividends last quarter. With improving return on tangible common equity (RoTCE) and an above-peer dividend yield, Citi’s strategic transformation and discounted valuation position it as an attractive candidate for investors seeking both growth and income. Trade timing & outlook C closed above $100, breaking out of its consolidation range near $97 with strong…

[ad_1] Amazon announced on Wednesday that it’s introducing an always-on AI agent that will help sellers on its platform run their businesses. The company is updating Seller Assistant, its AI tool for third-party sellers, to help handle tasks on the seller’s behalf. “Our agentic AI capabilities are designed to work seamlessly throughout the entire selling experience, which means sellers can go from handling every task themselves to collaborating with an intelligent assistant that works proactively on their behalf around the clock, while always keeping sellers in control,” Amazon wrote in a press release. “Seller Assistant will be able to handle…

[ad_1] Lovable has quickly become one of the most talked-about startups of the year, breaking records and making headlines as one of the fastest-growing software companies in history. To mark the 20th anniversary of TechCrunch, co-founder and CEO Anton Osika will take the Disrupt Stage to discuss Lovable and the Future of Consumer Tech. Join us at TechCrunch Disrupt 2025, October 27–29 at Moscone West in San Francisco, alongside 10,000+ founders, investors, and tech leaders shaping what’s next. Building a breakout brand in record time Lovable lets anyone create apps and websites simply by talking to AI. Its mission: empower…

[ad_1] There won’t be a Jerry at Ben & Jerry’s anymore.Jerry Greenfield, one of the ice cream brand’s co-founders, said late Tuesday that he was leaving the company after 47 years.Greenfield criticized the ice-cream brand’s parent company, Unilever, in his announcement, saying that it had silenced Ben & Jerry’s activism on social and political issues. “It’s with a broken heart that I’ve decided I can no longer, in good conscience, and after 47 years, remain an employee at Ben & Jerry’s,” Greenfield wrote in a statement shared by his cofounder, Ben Cohen, on X. “I am resigning from the company…

[ad_1] This as-told-to essay is based on a conversation with Stephanie Essenfeld, a psychotherapist who also hosts conferences helping businesses learn assertiveness and boundaries. It has been edited for length and clarity.Back in November of 2024, my team and I were excitedly talking about plans for the year ahead — new retreats and conferences we would host in 2025.As the year ended, I felt a lump in my breast. Days later, the doctor told me I had an aggressive type of cancer.Suddenly, I was filled with uncertainty and fearFor years, I had been teaching people about radical acceptance — not…

[ad_1] Waymo will soon have its robotaxis on the road operated by rivals Lyft and Uber as part of Alphabet company’s strategy to bring more self-driving cars to the masses.Waymo said Wednesday it will initially provide rides in Nashville through its proprietary app. As the service expands, riders will be able to match with a fully autonomous Waymo on the Lyft app.In its announcement, Waymo said Lyft will oversee vehicle maintenance and depot operations through the ride-hailing company’s subsidiary Flexdrive. Flexdrive is a rental-car and fleet management company acquired by Lyft in 2020.Lyft’s share price was up 20% in premarket…

[ad_1] Here are Wednesday’s biggest calls on Wall Street: Loop upgrades Netflix to buy from hold Loop said it sees “strong near-term engagement” for the Netflix. “We are upgrading our rating back to Buy based on exceptional 3Q engagement, a strong 4Q content slate, higher long-term margin assumptions as each dollar of content is generating more revenue, which leads to higher earnings and free cash flow.” Read more. BMO downgrades Progressive to market perform from outperform The firm it’s concerned about a declining revenue trend for the insurance company. “While shares are indeed inexpensive to the tune of -21% vs.…

[ad_1] Meta’s vision of AI-powered glasses as the next must-have device is about to face a major test.CEO Mark Zuckerberg set the bar high at Meta Connect in 2024 with the not-for-mass-market technology in its Orion glasses. Now he has to take the next step in marketable wearables — and get consumers to shell out.Zuckerberg is expected to take the stage at Meta’s Menlo Park headquarters for the company’s annual Meta Connect conference to lay out his vision for Meta glasses, headsets, and the future of contextual AI.The stakes are high. Meta is spending billions on AI research and hardware…

[ad_1] McDonald’s could present itself as a better buy versus other fast food peers, according to Citi. The bank raised its price target on the fast food giant to $381 per share from $373, implying a new upside of 26%. Analyst Jon Tower also maintained his buy rating for the stock. His new target is the highest on Wall Street among analysts covering the stock. Tower pointed to tailwinds for McDonald’s in the short term and over the long run. “We see the [near-term] trade as straightforward — own for an aggressive value push (including outsized marketing spend), easy compares,…

[ad_1] Bank of America sees Walmart as an emerging leader in artificial intelligence within the retail sector. Analyst Robert Ohmes stuck by his buy rating on shares of Walmart and raised his price objective to $125 per share from $120. That signals approximately 21% upside from Tuesday’s close. Ohmes said Walmart is positioning to be a “leader in ‘agentic’ AI commerce.” Agentic AI uses artificial intelligence agents to autonomously make decisions aimed at accomplishing a specific goal or solve a problem. “WMT’s AI agent Sparky is testing well and will soon start taking ‘agentic’ action vs. just answering Qs (est.…