Citigroup profits rise 10% despite jump in credit card losses

Category: Finance

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Source: Financial Times

Update At: 7/12/2024

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BlackRock condemns the attack on former President Trump by a 20-year-old at a Pennsylvania rally, who briefly appeared in one of their ads. The company removed the ad, expressed gratitude that Trump was not seriously injured, and extended condolences to the victims. BlackRock, a major asset manager, has made significant advancements in the crypto and blockchain markets, including launching the iShares Bitcoin Trust and integrating with Coinbase's crypto exchange.

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BlackRock (BLK) Reports Q2 Revenue of $4.78B, EPS $9.96

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European markets: Traders assess effect of Trump assassination attempt

European and Asian markets started the week lower as they assess the impact of an assassination attempt on former U.S. President Donald Trump. European stocks were down, with mining and utility sectors leading the losses. In contrast, Wall Street saw a strong start with the Dow Jones climbing to a new record high. The shooting raised Trump's odds of winning back the White House, potentially boosting U.S. stocks in the short term. China's economy grew 4.7% in the second quarter, missing expectations.

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EU firms slash outlook as US earnings season picking up

Former President Trump survived an assassination attempt at a rally in Pennsylvania. Fed's Powell to speak on inflation data. China's economic data shows slower growth. EU companies slash outlook. Alphabet in talks to acquire cybersecurity firm. Market indices open lower. Various economic indicators reported.

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London midday: Stocks down but off lows after Burberry warning, China data - Sharecast.com

London stocks were down following disappointing Chinese GDP figures and a profit warning from Burberry. The markets remained calm despite an assassination attempt on US presidential candidate Donald Trump. Chinese growth slowed to 4.7% year-on-year. UK house prices dipped in July. Burberry tumbled after issuing a profit warning. Ocado tanked after a downgrade. BP and Robert Walters also experienced declines.

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Wall Street Stocks Advance After Trump Shooting | Barron's

Wall Street stocks rise as traders weigh the impact of the failed assassination attempt on Donald Trump. European stocks lower, luxury sector affected. China's top leadership meeting in Beijing. Market updates for various indices and currency exchange rates.

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FTSE falls after Trump shooting attempt, Burberry cuts dividend

FTSE 100 softens after the attempted assassination of Donald Trump, Burberry drops 15% after suspending its dividend. Analysts suggest Trump's chances at the polls may have improved. Bitcoin jumps 5% to $62,831.

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