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Nvidia, Citigroup, Meta And More On CNBC's 'Final Trades'
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Nvidia, Citigroup, Meta And More On CNBC's 'Final Trades'
Mar 16, 2026 4:38 AM

On CNBC's “Halftime Report Final Trades,” Jim Lebenthal, partner at Cerity Partners, picked Citigroup Inc. ( C/PN ) .

The bank is planning an initial public offering (IPO) of its Mexican retail banking unit, Banco Nacional de México (Banamex), sometime in 2026. Citigroup ( C/PN ) has already agreed to sell a 49% stake to investors, including Fernando Chico Pardo, ahead of a full IPO on the Mexican Stock Exchange (BMV).

Meanwhile, Citibank, N.A. — the consumer banking division of Citigroup ( C/PN ) — announced plans to close all UAE branches except one due to the threat from Iran.

Bryn Talkington, managing partner of Requisite Capital Management, named Goldman Sachs Nasdaq-100 Premium Income ETF ( GPIQ ) as her final trade.

Don't forget to check out our premarket coverage here

Kevin Simpson, Capital Wealth Planning founder, recommended NVIDIA Corporation ( NVDA ) .

Nvidia's ( NVDA ) next-generation Rubin AI GPU platform could reportedly face production delays due to supply constraints in next-generation memory. Nvidia’s Blackwell successor, the Rubin GPU platform, is seeing downward revisions to wafer starts due to next-generation HBM4 memory supply coming in below expectations, Taiwan’s Commercial Times reported, citing supply chain sources.

Stephen Weiss, chief investment officer and managing partner of Short Hills Capital Partners, picked Meta Platforms, Inc. ( META ) .

Meta is reportedly weighing layoffs that could affect as much as one-fifth of its workforce as CEO Mark Zuckerberg ramps up spending on artificial intelligence and data center infrastructure.

Price Action:

Citigroup ( C/PN ) shares rose 0.2% to close at $105.69 on Friday.

Goldman Sachs Nasdaq-100 Premium Income ETF ( GPIQ ) fell 0.6% during the session.

Nvidia ( NVDA ) shares fell 1.6% to settle at $180.25 on Friday.

Meta shares declined 3.8% to close at $613.71.

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