Friday , June 21 2024
Home / Tag Archives: jefferies

Tag Archives: jefferies

FTX 2.0: New York-Based Investment Firm in Talks with Potential Buyers of Defunct Exchange

FTX may yet have a chance to establish itself as a force to reckon with in the crypto space. Plans to launch FTX 2.0 may gradually be shaping up after Wall Street investment firm, Jefferies, confirms that it is in talks with a potential buyer for the failed FTX exchange. If all goes according to plan, the exchange is expected to resume operations after being shut down by regulators. Bankrupt FTX Exchange to Relaunch as FTX 2.0 According to sources familiar with the situation, Jefferies has...

Read More »

Report: Crypto Is Boosting Luxury Spending in America

Jefferies has issued a new report claiming that crypto has given birth to a whole new generation of luxury spenders in the United States. Crypto May Be Limiting the Wealth Gap in the U.S. The wealth gap has never been more noticeable in America. The difference between rich and poor has been quite evident over the past ten or 12 years, but now it looks like things are taking on an even larger form. With inflation at an all-time high and problems in the supply chain,...

Read More »

Tesla (TSLA) Stock Jumps Over 5% as Jefferies Upgraded It to Buy

Tesla (TSLA) caught an upgrade Monday morning that sent its stock up over 5%. Even though some analysts see opportunity in the stock, many questions remain about how the COVID-19 crisis will affect electric-vehicle demand.Tesla Inc (NASDAQ: TSLA) jumped on Monday more than 5% at the opening after Jefferies raised its grade to buy. One of the reasons for upgrade was definitely the fact that Tesla is a clear leader in the electric-vehicle sector. Jefferies analyst Philippe Houchois explained...

Read More »

TSLA Stock Down 2%, Panasonic Ends Solar Partnership with Tesla

Panasonic has announced that it will cease solar manufacturing operations at the Tesla factory by the end of May. The TSLA stock price is falling.The technological company Tesla Inc (NASDAQ: TSLA) decided to abandon its work on making solar cells with the Japanese electronics company Panasonic Corporation (TYO: 6752).Tesla (TSLA) stock yesterday lost 2%. And it continued falling. At the premarket trading, it lost around 5.6% and fell to $735. The market cap is 143.602 billion.Tesla and...

Read More »

Web Performance Platform Cloudflare Increases Their IPO Range

Californian digital content delivery and Internet security company Cloudflare announced they have raised their IPO price range from a previous $10 to $12 interlude to $12 to $14 per share.This company seems to believe in themselves because it’s quite unusual for a unicorn like this to adjust the number of shares it expects to sell in its public debut. However, it seems that at the new prices they have set up, Cloudflare could be valued between $3.5 billion and $4.1 billion.Let’s just remind...

Read More »