Wall Street's New $63 Billion AI Deal Reveals a Risk That Could Spread Beyond Tech

$63 Billion Puts a Price on AI Hardware Risk $63 billion.

24/7 Wall Street • 9 hours ago

American Century Equity Income Fund Q3 2026 Portfolio Activity

Becton Dickinson and Co. reported strong quarterly results, improved cash flow and a higher earnings outlook. Kimberly-Clark's shares declined after management lowered its growth outlook amid softer demand trends and disruptions in China. The portfolio's underweight position in Apple relative to the benchmark detracted as optimism around its ecosystem and artificial intelligence opportunities supported the stock during the period.

Seeking Alpha • 16 hours ago

Bank Stocks Are Having a Tough Time. This Analyst Is Betting on 2 Names.

Bank stocks have been unloved for much of this year due to concerns about rising bond yields and moderating capital-markets activity. Reflecting growing investor skepticism, the S&P 500 financial sector posted its worst month in September since the 2023 regional banking crisis.

Barrons • 16 hours ago

Citi's Andy Sieg weighs in on whether cracks are forming in private credit

Andy Sieg, head of wealth at Citi, joins CNBC's 'Halftime Report' to discuss private credit, AI in wealth management and Citi's commitment to AI safety.

CNBC Television • Oct 28, 2026

C's Profitability Gains Accelerate: Is the Stock Worth Buying Now?

Citigroup Inc. C continues to demonstrate meaningful improvement in profitability, supported by robust revenue growth, operating efficiency gains and disciplined execution of its transformation initiatives. In the first nine months of 2026, return on tangible common equity (RoTCE) improved 400 basis points (bps) year over year to 12.6%, underscoring the company's strengthening earnings-generating capabilities and progress toward achieving sustainable returns.

Zacks Investment Research • Oct 28, 2026

Citi Raises Savings Rates for Relationship Banking Clients

Citi's new program that offers higher savings rates to reward clients who deepen their relationship with the bank went live Monday (Oct. 26). When announcing the program, Premium Boost, in a Sept.

PYMNTS • Oct 26, 2026

Citigroup Lifts 2026 RoTCE Outlook: What's Fueling the Optimism?

C raises its 2026 RoTCE outlook above 11% as strong revenue growth, improving efficiency and transformation progress fuel its multi-year turnaround.

Zacks Investment Research • Oct 26, 2026

Citigroup Enters China's Securities Market With CSRC Approval

C secures approval to launch a wholly owned securities business in China, expanding its onshore capital markets reach and creating new growth opportunities.

Zacks Investment Research • Oct 26, 2026

Buy GS and C on Solid Q3 Earnings, Attractive Valuation and Upside

GS and C post solid Q3 earnings, with attractive valuations, improving earnings estimates and potential price upside of 21.6% and 23.4%, respectively.

Zacks Investment Research • Oct 26, 2026

Bank of America, Blackstone, Citi and Morgan Stanley Announce Landmark $63 Billion Financing Structure to Enable AI Compute Capacity in Partnership with Broadcom

NEW YORK and CHARLOTTE, N.C. and PALO ALTO, Calif., Oct. 26, 2026 /PRNewswire/ -- Bank of America (NYSE: BAC), Blackstone (NYSE: BX), Citi (NYSE: C) and Morgan Stanley (NYSE: MS) (the "Lead Financial Partners") today announced a $63 billion transaction to enable the deployment of AI compute capacity, leveraging Broadcom Inc.'s (NASDAQ: AVGO) technology, for Anthropic. This transaction is part of the strategic compute capacity agreement previously announced by Broadcom, with expected deliveries starting in calendar 2027.

PRNewsWire • Oct 26, 2026