Citi
May 22, 2026
The Global Point
Daily UpdateMacro Economic IndicatorsEquitiesRates CreditInformation TechnologyFinancials
Citi reports that the global economy is resilient with a 2.6% growth forecast despite oil supply shocks, bolstered by Nvidia's strong performance and the ongoing AI infrastructure boom.
Key Takeaways
- 1.Global economic resilience remains high despite supply shocks from the Iran war; global growth is forecast at 2.6% for 2026.
- 2.NVIDIA's massive revenue beat and guidance shift signals its evolution into an 'AI factory' company, benefiting downstream tech infrastructure providers.
- 3.Saudi Arabia's banking sector is seeing high growth in MSME lending (target 15% CAGR), a core pillar of Vision 2030.
Table of Contents
- Top Call
- Asia
- CEEMEA
- Western Europe
- Key Rating and Target Price Changes
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Authors
Nathan SheetsLaura (Chia Yi) ChenRahul Bajaj, CFA
Securities
NVDASamsung Electronics1010.SE11801150.SEINGA.ASDanske Bank A/SFedEx
Themes
Global Economic ResilienceAI Infrastructure BoomSaudi Vision 2030 BankingRetail Banking Competition
Regions
GlobalAsia PacificMiddle EastUnited StatesSaudi ArabiaSouth Korea