The Latest Breaking News from Jefferies

Nasdaq Futures Drop on Higher Bond Yields and Disappointing Tesla Results, Powell Speech in Focus

December Nasdaq 100 E-Mini futures (NQZ23) are trending down -0.14% this morning as rising Treasury yields and disappointing earnings results from Tesla overshadowed upbeat earnings results from Netflix while investors looked ahead to a speech by Federal Reserve Chairman Jerome Powell.

Barchart · Oct 19, 2023

Tim Cook crashes a Chinese e-sports tournament as Apple faces competition and censorship in its most important non-U.S. market

Apple's CEO made a surprise stop in Chengdu on Monday as reports show slowing Chinese sales of its latest iPhone.

Fortune · Oct 17, 2023

ICC Cricket World Cup 2023: Global giants spend Rs 3 lakh a second on advertising

Global companies are spending millions of dollars to get their names seen during the Cricket World Cup in India, with the sporting event representing an opportune moment for brands to tap into the cricket-crazy nation of 1.4 billion people.

The Times of India · Oct 5, 2023

‘The death of this economy was greatly exaggerated’: Initial jobless claims just fell to their lowest level since February, increasing the odds of a soft landing

Strong initial claims data is evidence that a recession in 2023 is looking less likely, many economists say.

Fortune · Sep 7, 2023

Jefferies is hiring 10 investment bankers for India expansion

NEW DELHI: Jefferies Financial Group Inc is hiring about 10 investment bankers in India as the US advisory firm looks to beef up its operations in the world’s most populous nation, according to people familiar with the matter.

The Times of India · Aug 23, 2023

Cathie Wood vs. Alphabet: Who's Right About Robinhood Stock?

While maverick investor Cathie Wood is loading up on Robinhood stock, tech titan Alphabet has cut its stake substantially. As HOOD struggles to find footing after its second-quarter results, should you buy or sell shares of the discount brokerage?

Barchart · Aug 9, 2023

Ford Stock Falls Out of Favor After Earnings: Should You Buy or Sell?

Ford stock has pulled back since its Q2 earnings, and is significantly lagging EV rivals like Tesla. However, reasonable valuation multiples and an attractive dividend yield make the legacy automaker a contrarian buy at these levels.

Barchart · Aug 9, 2023

Ford Shares Slide As Jefferies Downgrades, Citing Worsening EV Losses

Jefferies analyst downgrades Ford to Hold, lowers price target amid concerns over electric vehicle unit losses.

Zenger · Jul 31, 2023

American manufacturing just slumped to its lowest level in 3 years. Jefferies says the sector is 'still mired in recession'

The ISM Manufacturing Purchasing Managers’ Index fell to 46 last month from 47.1 in May, its lowest point since May 2020.

Fortune · Jul 3, 2023

Stocks Set to Open Mixed as Investors Await FOMC Minutes, U.S. Payrolls Data

September S&P 500 futures (ESU23) are down -0.08%, and September Nasdaq 100 E-Mini futures (NQU23) are up +0.01% this morning at the start of a holiday-shortened week, with market participants looking ahead to the release of the minutes of the Federal Reserve’s latest policy meeting as well as Friday’s nonfarm…

Barchart · Jul 3, 2023