News about hsbc

Here is the relevant news:1. HSBC Holdings plc (HSBC) Stock Performance: HSBC Holdings plc (HSBC) is down -3.53% today, with the stock closing at $39.38 and a pre-market decline of -$1.39. The company has an Overall Score of 51, indicating better value than 51% of stocks at its current price. HSBC's Short-Term Technical score is 60, reflecting a neutral trading pattern over the last month. The company is set to release earnings on February 20, 2024.2. Citigroup's Job Cuts and Expense Reduction: Citigroup Inc. (C) plans to eliminate 20,000 job positions, excluding its workforce in Mexico, over the medium term. This decision is aimed at improving the company's performance, with expected savings of approximately $2-$2.5 billion over the medium term. Citigroup's expense reduction initiatives and business transformation plans are part of a broader strategy to navigate through a challenging operating environment.3. HSBC Holdings plc (HSBC) Stock Performance on Thursday: HSBC Holdings plc (HSBC) is lower by 1.25% on Thursday morning, with the stock trading at 40.13. The stock has risen 4.21% over the past month, closing at $39.64 on December 14. HSBC has an average analyst recommendation of Buy and a long-term technical rank of 70, indicating better performance than 30% of stocks over the last 200 trading days.4. Should You Buy HSBC Holdings plc (HSBC) Stock Tuesday Morning?: HSBC Holdings plc (HSBC) is down -1.28% today, with the stock closing at $41.43 and a pre-market decline of -$0.53. The company has an Overall Score of 61, indicating better value than 61% of stocks at its current price. HSBC's Short-Term Technical score is 60, reflecting a neutral trading pattern over the last month. The stock's performance on Tuesday is part of a broader picture that includes its overall score and short-term technical score, providing insights for investors.