The Latest Breaking News from Jefferies

A Jefferies analyst upgrades ELF stock, saying the recent sell-off makes ELF Beauty's valuation attractive.

Barclays strategists expect "disruption into a number of industries," thanks to drugs like Novo Nordisk's Ozempic and Wegovy.

SoFi stock is down 71% from all-time highs. But as student loan payments start back up, at least one analyst thinks this low-priced lender could double in value.

Jerome Powell was asked if he shares the Fed staff’s view that the economy is headed for a soft landing last month. “No, I would not do that,” he said.

The Dow Jones reversed Thursday on initial jobless claims and weak GDP. Used-car retailer CarMax dived on earnings.

Dow Jones giant Nike posted a slight earnings gain late Thursday but easily beat analyst estimates. Nike stock rises on results.

The small-cap Russell 2000 improved but remains below its 200-day moving average.

December S&P 500 futures (ESZ23) are down -0.25%, and December Nasdaq 100 E-Mini futures (NQZ23) are down -0.27% this morning as the benchmark U.S. 10-year yield rose toward a 15-year high, while market participants looked ahead to the release of the Fed’s favorite inflation gauge as well as speeches from…

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

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?

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.