Citigroup – News

Wall Street Banks Report $15 Billion Trading Windfall Amid Stock Market Surge

Wall Street’s largest banking institutions have reportedly capitalized on the ongoing stock market rally to generate substantial trading revenues. According to recent reports, Morgan Stanley led competitors with record equities trading performance during the third quarter.

Wall Street Trading Revenue Reaches $15 Billion Milestone

Major Wall Street banking institutions have reportedly generated approximately $15 billion in trading revenue during the recent quarter, according to financial analysis of market performance. Sources indicate that the strong results stem from banks successfully navigating both market volatility and the steady upward trajectory of equity markets throughout the first three quarters of the year.

by Alvarez JordanOctober 15, 2025November 2, 2025

Assistive Technology Business

Logitech Stock Upgrade: Citi Sees 23% Upside from Return-to-Office and Gaming Demand

Citi has upgraded Logitech from Neutral to Buy, forecasting 23% upside driven by return-to-office trends and robust gaming demand. The bank highlights Logitech’s consistent gross margins above 40% and pricing power as key strengths.

Citi has issued a bullish upgrade for Logitech stock, shifting its rating from Neutral to Buy with a $130 price target that implies over 23% upside potential. The upgrade, announced in a Wednesday note from Citigroup analysts, cites improving peripheral demand driven by return-to-office mandates and sustained strength in gaming. This positive outlook comes despite Logitech shares already surging 27% year-to-date, with the stock facing a 4% decline this quarter amid consensus Hold ratings on Wall Street.