Investment

Citigroup earnings top Street estimates as credit costs from the pandemic stabilize

Michael Corbat, CEO, Citigroup, speaking at the World Economic Forum in Davos, Switzerland, January 21, 2020. Adam Galica | CNBC Citigroup on Tuesday reported better-than-expected results for the third quarter, as the company’s credit costs from the pandemic stabilized. Citi’s share price rose 1.2% in the premarket. Here’s how the banking giant’s results stacked up: […]

Investment

‘Get long’ — Cramer sees coronavirus trends driving stocks higher no matter who wins election

CNBC’s Jim Cramer said Monday there are structural forces exacerbated by the coronavirus pandemic that support continued strength in the stock market, regardless of the presidential election outcome. “I think there’s a genuine belief that it doesn’t matter who wins. It doesn’t matter about stimulus,” Cramer said on “Squawk on the Street.” “There are enough […]