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(Bloomberg) — Citigroup Inc. terminated a manager in its technology department following an investigation into his role as the operator of the most prominent website dedicated to the QAnon conspiracy theory.
An attendee holds a sign of the letter “Q” before the start of a rally with U.S. President Donald Trump in Lewis Center, Ohio, U.S., on Saturday, Aug. 4, 2018. Trump defended his use of tariffs that have inflamed tensions with China and Europe, telling an audience of diehard supporters on Saturday that playing hardball on trade is “my thing.”
Jason Gelinas had been placed on paid leave after he was identified on Sept. 10 by the fact-checking site Logically.ai as the operator of the website QMap.pub and its associated mobile apps.
“Mr. Gelinas is no longer employed by Citi,” the company said in a statement. “Our code of conduct includes specific policies that employees
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A Citi analyst on Monday opened a negative catalyst watch on shares of Micron Technology (MU) – Get Report, a day before the semiconductor company is scheduled to report fourth-quarter earnings.
Shares of the Boise, Idaho, company at last check were up 0.4% at $49.31.
Analyst Christopher Danely, who has a sell rating on the shares with a $35 price target, said he expected Micron to report sales below guidance of $6 billion but in line with his $5.5 billion estimate due to what he called a double dip in DRAM.
The analyst also expects the stock to trade lower on the report and would be more constructive on the stock in the mid $30s, according to The Fly.
Last week, TheStreet.com Founder Jim Cramer said on CNBC that “Micron’s core DRAM business could be saved by their disk drive business, but I don’t see the stock