Diamonds and Dogs


T-Mobile (TMUS) and American Tower (AMT) sign a new deal. Both stocks are up 3% as a new long-term agreement will enhance T-Mobile's access to American Tower's US sites and help expand 5G also providing long-term revenue growth and visibility for American Tower.

The timing of Citigroup (C ) leadership change is making more sense. Citigroup is down 2% after falling 3% yesterday as the Federal Reserve and the Office of the Comptroller of Currency have found inadequate risk management controls at the bank. Last week Citigroup said their CEO would step down two years early to allow the first female CEO of a large Wall Street bank.

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