Jefferies

Tesla Inc.’s (NASDAQ:TSLA) recent unveiling of its robotaxi has left investors unimpressed, leading to concerns about the company’s future growth prospects. What Happened: The lack of clarity surrounding the robotaxi technology has shifted the focus back to Tesla’s core operations...

Boeing Company (NYSE:BA) added large-scale layoffs to its list of troubles in 2024 as the company faces an ongoing strike of its unionized factory workers, government investigations, executive churn and mounting financial losses.  Boeing To Cut 17,000 Jobs: The aerospace giant announced Friday...

Hurricane Milton is nearing the west coast of Florida and bringing a second powerful storm to the state within two weeks. Here's the latest update on the storm, expected to make landfall in the U.S. on Wednesday night. What Happened: Hurricane Milton reached Category 5 status Monday with winds of...

Apparel company Nike Inc (NYSE:NKE) will report first-quarter financial results Tuesday on the heels of recently naming a new CEO. Shares could be volatile after the earnings report. Earnings Estimates: Analysts expect the company to report first-quarter revenue of $11.64 billion, down from $12.94...

In July, Bitcoin (CRYPTO: BTC) mining saw a slight decline in profitability compared to June, according to a research report released by investment bank Jefferies on Thursday. What Happened: Bitcoin’s price dropped over 6%, while the network hashrate, a key indicator of competition within the...

Analysts, investors, and experts are closely examining the potential impacts of a breakup or restructuring of Alphabet Inc. (NASDAQ:GOOG) (NASDAQ:GOOGL) as the Department of Justice considers measures to address Google's dominance in the search market. Legal Case Against Google: Former Department...

Tilray Brands, Inc. (NASDAQ:TLRY) (TSX:TLRY), a Canadian medical cannabis giant, announced Friday that it has filed a prospectus supplement with the U.S. Securities and Exchange Commission (SEC), under which it may offer and sell shares of its common stock having an aggregate offering value of up...

Australian multinational miner BHP Group's (NYSE:BHP) nearly $40 billion bid for rival Anglo American (OTC: NGLOY) may not be enough to acquire the company as other diversified miners will probably make rival bids amid the global scramble for copper assets. After completing a $6.4 billion...

In a dynamic shift reflecting the latest market trends, Wall Street analysts have revised their outlooks for key players in the tech and automotive sectors. Notably, Nvidia Corp. (NASDAQ:NVDA) and Tesla Inc. (NASDAQ:TSLA) have seen significant changes in their price targets from top financial...

Editor’s note: This story has been updated to correct the spelling of the investment banking firm Jefferies. Diversified miner Anglo American (OTC:NGLOY) could be a promising buy as copper prices rise and the company looks to transform itself, financial magazine Barron's said in an article....

The stock market’s robust performance in the first quarter of 2024 has investors on edge, with experts predicting a potentially “frightful yet fulfilling” year-end. What Happened: The S&P 500 is on course for a nearly 10% price gain in the first quarter, with a staggering 30%...

In a recent interview with CNBC’s "Squawk Box," a top analyst at Jefferies contradicted former President Donald Trump‘s view of Meta Platforms Inc‘s (NASDAQ:META) Facebook as the “enemy of the people.” What Happened: Despite Trump’s public criticism of Facebook,...

Shares of Chewy Inc (NYSE: CHWY) have climbed on news of insiders buying its stock. Chewy is a pure-play pet ecommerce company with several growth and margin levers at its disposal, according to Jefferies. The Chewy Analyst: Kaumil Gajrawala initiated coverage of Chewy with a Buy rating and a price...

Shares of electric vehicle giant Tesla, Inc. (NASDAQ:TSLA) rose in premarket trading on Thursday following a 1%+ decline on Wednesday. The stock could gather some momentum as the Elon Musk-led company prepares to begin deliveries of its much-awaited Cybertruck on Thursday. The delivery event is...

Tesla, Inc.’s (NASDAQ:TSLA) Cybertruck launch is just four days away, and the electric pickup truck from the company’s stable appears to be making all the right noises. The much-awaited vehicle, considered Tesla’s “iPhone moment” because of the buzz it has generated,...