In less than 4 hours, social media giant Snap (SNAP) is due to report its Q1 2022 earnings — and things are not looking good. Tuesday’s hard copy of The Wall Street Journal warned that ...
Tag: jefferies
Plus500 Appoints Jefferies as Joint Corporate Broker
Plus500 announced it is appointing Jefferies International Limited (“Jefferies”) as a Joint Corporate Broker to the firm, effective immediately. Jefferies will operate alongside with Plus5...
BMW Profits Look Strong Despite Forecast Cut, While Electric Plans Still Questioned
Oliver Zipse, CEO of BMW, stands in front of an i4 electric car (Photo by TOBIAS SCHWARZ/AFP via … [+] Getty Images) AFP via Getty Images BMW profit outlook is still strong despite cutting its t...
Two Former Jefferies Executives to Launch Institutional Crypto Business
Brandon Mulvihill and Anthony Mazzarese, who were two of the top executives with Jefferies, have parted with the New York-headquartered investment bank to launch a business in the institutional digita...
Did Jefferies Shut Down Its FX Prime Brokerage Business?
An unconfirmed report that hit Finance Magnates’ press desk says that Jefferies Financial Group, a Nasdaq-listed financial services provider, is allegedly shutting down its FX Prime Brokerage business...
Caterpillar stock outlook: Jefferies sees another 20% upside
Caterpillar Inc (NYSE: CAT) stock is up nearly 10% today after Jefferies said it’s a “strong hedge” against higher commodity prices related to the ongoing war in Ukraine. Analyst peg...
Jefferies Predict Marathon Digital to hit $51. What are the odds?
Marathon Digital Holdings (NASDAQ:MARA) is profitable despite the recent liquidation in its stock, according to Jefferies analyst Jonathan Petersen. The stock of the bitcoin miner is expected to rise ...
Jefferies Says Marathon Digital Has Near 160% Upside Potential, Initiates Coverage
The leader in news and information on cryptocurrency, digital assets and the future of money, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set ...
Moderna stock fell to ‘overly high expectations:’ Jefferies Managing Director
Moderna (MRNA) has seen a meteoric rise in growth and become a household name as one of the leading COVID-19 vaccine manufacturers. However, the stock has slumped as of late — down around 60% from a S...
Jefferies Sees the NFT Market Reaching More Than $80B in Value by 2025
The convergence of the digital and physical worlds is taking shape, with non-fungible tokens (NFTs) allowing brands to expand their reach into “digitally-enabled experiential tie-ins,” investment bank...
Ford Isn’t Tesla Yet And Shouldn’t Be Trading Like An Electric Vehicle Stock, This Firm Says
Topline It’s too early for investors to value and trade legacy automakers such as Ford like electric vehicle stocks, according to Jefferies analysts who recently downgraded shares of the company warni...