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Citigroup Stock Marks Highest Close in Nearly 18 Years

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Citigroup Stock Marks Highest Close in Nearly 18 Years
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Managing data – The Economic Times

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This refers to your edit ���A welcome quest��� (ET, Oct 8). It is imperative to have a strong database. But just having a database of employment is not enough; the data has to be consistent. It has been observed that data vary from ministry to ministry, department to department. India���s information system is not very precise and efficient. One centralised database system can address this issue which will provide access to the diverse group of people and policymakers with consistency.

Debasish Maitra

IRMA, Anand, October 8

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You're Not Buying The $600M Optical Number – You're Buying Credo's Guidance (Rating Upgrade)

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You're Not Buying The $600M Optical Number - You're Buying Credo's Guidance (Rating Upgrade)

You're Not Buying The $600M Optical Number – You're Buying Credo's Guidance (Rating Upgrade)

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(VIDEO) Knicks Take 2-0 Finals Lead as Shaq Blasts Wembanyama’s ‘Blurry’ Comments After Game 2 Loss to Spurs

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Jalen Brunson

The New York Knicks moved within two victories of their first NBA championship in more than five decades, defeating the San Antonio Spurs 105-104 in Game 2 of the 2026 NBA Finals on Friday night at Frost Bank Center.

Jalen Brunson and Karl-Anthony Towns once again led the charge for the visitors, who erased an early deficit and held off a late Spurs push to take a commanding 2-0 series lead. The Knicks, riding a franchise-record playoff winning streak, will return home to Madison Square Garden for Game 3 with momentum firmly in their favor.

Victor Wembanyama, the Spurs’ 22-year-old franchise cornerstone, had another challenging night against the physicality of the Knicks’ frontcourt. Towns outplayed the towering Frenchman for stretches, drawing praise from analysts for his dominance in the matchup. Wembanyama finished with limited impact in key moments, including missed opportunities in the closing possessions that contributed to the narrow defeat.

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In his postgame comments, Wembanyama addressed the final stretch directly. “I’m still very blurry, and that’s the whole problem. I need to have more poise, more control over the game,” he said, referring specifically to the last three possessions. He added that the issues were concentrated there rather than the entire contest.

The remarks drew sharp analysis on ESPN’s “Inside the NBA,” where Shaquille O’Neal and Charles Barkley offered pointed feedback on leadership and execution under pressure.

O’Neal, a four-time champion and Hall of Famer, pushed back on the phrasing. As a leader, one should take ownership more directly without suggesting a lack of focus, he argued, noting that such language could motivate opponents. Barkley and others on the panel echoed concerns about mental sharpness in high-stakes situations, while acknowledging Wembanyama’s youth and the difficulty of his first Finals appearance.

The panel also dissected the game’s critical final sequences. With the score tied at 104 late, decision-making on both ends came under scrutiny. Analysts debated shot selection, the absence of a timeout in certain spots, and the need for better offensive rebounding chances rather than relying on a single possession. Kenny Smith and others highlighted the importance of giving a team multiple opportunities in clutch moments.

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Series Context and Key Performances

The Knicks entered Game 2 seeking to build on their Game 1 victory, a 105-95 road win in which Brunson scored 30 points, including a strong fourth quarter. Towns contributed 18 points and 12 rebounds in that opener.

In Game 2, the visitors again showed resilience. Brunson orchestrated the offense with poise, while Towns exploited mismatches against Wembanyama. The Knicks closed strong, capitalizing on defensive stands and timely scoring to secure the one-point victory.

For the Spurs, the loss at home stings as they face the prospect of a 0-2 deficit heading to New York. Wembanyama has shown flashes of brilliance throughout the playoffs, but the physical toll and tactical adjustments by the Knicks have tested his adaptability. Critics, including O’Neal, have called for more interior aggression and mental adjustments to counter the experienced Knicks core.

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Barkley noted the matchup challenges, pointing out that Towns’ confidence and style created difficulties for the Spurs’ defense. Wembanyama was forced into uncomfortable areas, often playing away from the basket as a help defender, limiting his offensive rhythm.

Broader Implications

This Finals matchup pits two contrasting styles: the gritty, experienced Knicks against a Spurs team built around generational talent in Wembanyama. San Antonio’s path to contention accelerated rapidly under coach Gregg Popovich’s influence, but the current series exposes the gap in playoff experience.

Analysts across platforms emphasized patience for Wembanyama, drawing parallels to other young stars’ early Finals struggles. At 22, he remains a foundational piece expected to anchor the franchise for years. Yet, immediate adjustments in poise, post play, and decision-making are seen as essential if the Spurs hope to extend the series.

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The Knicks’ ability to win on the road in back-to-back games underscores their depth and coaching. Brunson’s leadership and Towns’ versatility have proven decisive. New York has now won 14 straight playoff games, a remarkable run that has silenced doubters who questioned their path through the Eastern Conference.

Looking Ahead

Game 3 shifts to Madison Square Garden, where the Knicks will aim to take a stranglehold on the series. The Spurs must find answers defensively and offensively, particularly in maximizing Wembanyama’s unique skill set against New York’s physical frontcourt.

O’Neal and the “Inside the NBA” crew highlighted the human element, noting that even legends face adversity. Wembanyama’s growth trajectory positions him as a future face of the league, but the present demands immediate execution.

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As the series progresses, focus remains on execution in the margins — late-game possessions, rebounding battles, and mental fortitude. The Knicks hold the advantage, but the Spurs’ home resilience earlier in the postseason suggests they are far from finished.

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Trump pardons former US congressman convicted of securities fraud

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Trump pardons former US congressman convicted of securities fraud


Trump pardons former US congressman convicted of securities fraud

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Exclusive | JPMorgan, Citi and Big Banks Plan New Tokenized Deposit System to Answer Crypto

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Exclusive | JPMorgan, Citi and Big Banks Plan New Tokenized Deposit System to Answer Crypto

The largest U.S. banks plan to launch a tokenized deposit network next year, an attempt to stave off threats from crypto companies that are seeking to wade deeper into their territory under President Trump

The new network will connect traditional payment rails with the infrastructure that digital assets run on. It will be operated by a real-time payment network company called the Clearing House, which is co-owned by

JPMorgan Chase

JPM

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0.48%

increase; green up pointing triangle, Bank of America

BAC -0.11%

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decrease; red down pointing triangle, Citigroup C -1.98%decrease; red down pointing triangle, Wells Fargo WFC 0.39%increase; green up pointing triangle and other large commercial banks.

Copyright ©2026 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

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Crypto ETF Problems Loom, Analysts Warn

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Alphabet Is Selling 100-Year Debt as Part of a Big Bond Sale

A boom in cryptocurrency exchange-traded funds has given investors more ways to buy digital assets over the past 2½ years, after U.S. regulators approved spot crypto funds. But investor demand remains concentrated in low-cost bitcoin and Ethereum products from major issuers such as BlackRock and Fidelity Investments.

Many newer products are struggling to attract meaningful assets or reach viable scale. Analysts warn that as many as a third of crypto ETFs could shut within two years, leaving investors with an unwelcome disruption. Read more:

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Cuba’s Raul Castro, wanted by US, appears at event in Havana

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Cuba’s Raul Castro, wanted by US, appears at event in Havana


Cuba’s Raul Castro, wanted by US, appears at event in Havana

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Amalgamate banks – The Economic Times

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This refers to your edit ‘India needs new banks’ (ET, Mar 4). Financial inclusion and financial literacy will be the paramount objective while implementing reforms along with UID project to protect the interests of poor. Modern banking system has lost apersonal touch. Even citizens from semi-urban areas are reluctant to use ATMs. NextGen banking may fail in rural areas. It’s true we need more banks and innovative way of thinking, competition will drive away inefficient players.

ET has also suggested the perfect solution to the problem in the same edition, ‘Before they compete, let banks consolidate’. Narasimhan panel too has suggested to have less number of banks with more branches at the national level. The author has pointed out that of 9,000 private bank branches, just 1,138 are located in rural areas. This means they are not keen to go rural.

Shishir Sindekar,

Nasik, March 4

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Indonesia central bank, finance minister agree to boost asset yields to aid rupiah

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Indonesia central bank, finance minister agree to boost asset yields to aid rupiah


Indonesia central bank, finance minister agree to boost asset yields to aid rupiah

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Still Bullish On Alphabet Stock After Its $85B Capital Raise (NASDAQ:GOOG)

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Alphabet: Still Not Too Late To Jump On The 16%+ Growth Train (NASDAQ:GOOG)

This article was written by

I research and write about good companies with solid fundamentals, a potential for growth, and the ability to generate healthy returns. I am also the author of the Transcript, a weekly capital markets newsletter focusing on earnings calls.

Analyst’s Disclosure: I/we have a beneficial long position in the shares of GOOG, GOOGL either through stock ownership, options, or other derivatives. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

Seeking Alpha’s Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.

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