Latest news with #techfirms
CNA
2 days ago
- Business
- CNA
Citi announces research expansion into private industry, mostly tech firms
Citigroup said on Tuesday it is expanding its research coverage to include private companies, with a focus on rapidly growing tech firms, mirroring a similar strategy by JPMorgan Chase, which has reportedly begun covering non-listed firms. The expansion will focus on about 100 of the most influential private companies, especially in key sectors like artificial intelligence, offering event-driven analysis on product launches, customer acquisitions and new business lines. However, the reports will not include price targets, buy/sell recommendations, or earnings forecasts, the bank said. This comes as several private companies, such as OpenAI, SpaceX and TikTok-parent Bytedance, command valuations that rival or surpass several major S&P 500 firms, blurring the distinction between public and private market influence. JPMorgan Chase has also been offering research coverage for private companies, many of which have high valuations or are delaying listings, a person familiar with the matter told Reuters on Friday.
Yahoo
2 days ago
- Business
- Yahoo
Citi announces research expansion into private industry, mostly tech firms
(Reuters) -Citigroup said on Tuesday it is expanding its research coverage to include private companies, with a focus on rapidly growing tech firms, mirroring a similar strategy by JPMorgan Chase, which has reportedly begun covering non-listed firms. The expansion will focus on about 100 of the most influential private companies, especially in key sectors like artificial intelligence, offering event-driven analysis on product launches, customer acquisitions and new business lines. However, the reports will not include price targets, buy/sell recommendations, or earnings forecasts, the bank said. This comes as several private companies, such as OpenAI, SpaceX and TikTok-parent Bytedance, command valuations that rival or surpass several major S&P 500 firms, blurring the distinction between public and private market influence. JPMorgan Chase has also been offering research coverage for private companies, many of which have high valuations or are delaying listings, a person familiar with the matter told Reuters on Friday. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Reuters
2 days ago
- Business
- Reuters
Citi announces research expansion into private industry, mostly tech firms
July 29 (Reuters) - Citigroup (C.N), opens new tab said on Tuesday it is expanding its research coverage to include private companies, with a focus on rapidly growing tech firms, mirroring a similar strategy by JPMorgan Chase, which has reportedly begun covering non-listed firms. The expansion will focus on about 100 of the most influential private companies, especially in key sectors like artificial intelligence, offering event-driven analysis on product launches, customer acquisitions and new business lines. However, the reports will not include price targets, buy/sell recommendations, or earnings forecasts, the bank said. This comes as several private companies, such as OpenAI, SpaceX and TikTok-parent Bytedance, command valuations that rival or surpass several major S&P 500 firms, blurring the distinction between public and private market influence. JPMorgan Chase has also been offering research coverage for private companies, many of which have high valuations or are delaying listings, a person familiar with the matter told Reuters on Friday.
Wall Street Journal
2 days ago
- Business
- Wall Street Journal
WSJ Opinion: Trump and the EU Dodge a Trade War
The President gets his beloved 15% tariff, but talking points on energy, investment and weapons, aren't as they seem. And no deal on digital taxes, over-regulated U.S. tech firms or pharmaceuticals. Photo: Evelyn Hockstein/Reuters
South China Morning Post
18-07-2025
- Business
- South China Morning Post
Deal or no deal with US? Taiwan avoids tariffs so far, but remains on edge
When a 90-day tariff-free grace period expired this month, Taiwan escaped letters US President Donald Trump to two dozen other governments fixing new rates, including a 25 per cent duty on goods from Japan and South Korea. Is Taiwan's letter still in the mail? The Trump administration announced worldwide tariffs on April 2, including double-digit rates for a list of exporters in Asia and 32 per cent slated for Taiwan. The US later paused most tariffs, including Taiwan's, for 90 days to negotiate the tariff rates with major trading partners. Taiwanese and US officials have met three times since April, including for a round of talks this month, suggesting that both sides are trying to work something out, the analysts said. Like Japan and South Korea, fellow Asian exporter Taiwan has a substantial trade surplus with the US – the reason behind Trump's push for higher tariffs. However, analysts said this week that the absence of a Taiwan letter so far means the two sides are still negotiating toward keeping new US tariffs at a manageable level for Taiwan, which supplies advanced semiconductors for a who's who of American tech firms.
