Latest news with #JefferiesFinancialGroupInc
Business Wire
2 days ago
- Business
- Business Wire
Jefferies to Release its Second Quarter Financial Results on June 25, 2025
NEW YORK--(BUSINESS WIRE)--Jefferies Financial Group Inc. (NYSE: JEF) today announced it will release its second quarter financial results on Wednesday, June 25, 2025 after market close. Jefferies (NYSE: JEF) is a leading global, full-service investment banking and capital markets firm that provides advisory, sales and trading, research, wealth, and asset management services. With more than 40 offices around the world, we offer insights and expertise to investors, companies and governments. For more information: Source: Jefferies Financial Group Inc.
Yahoo
24-04-2025
- Business
- Yahoo
Jefferies' Wood Says Best Over for US Stocks, Sees More Losses
(Bloomberg) -- The US stock market is well past its best days and investors should be prepared to see further declines in the nation's equities, Treasury bonds as well as the dollar, according to Christopher Wood of Jefferies Financial Group Inc. Trump Gives New York 'One Last Chance' to End Congestion Fee Why Car YouTuber Matt Farah Is Fighting for Walkable Cities Backyard Micro-Flats Aim to Ease South Africa's Housing Crisis The Racial Wealth Gap Is Not Just About Money To Fuel Affordable Housing, This Innovation Fund Targets Predevelopment Costs The market value of US stocks as a percentage of the MSCI All Country World Index reached its all-time high in late December, said Wood, the firm's global head of equity strategy. 'The US has made an all-time peak,' he said, likening it to the Japanese market in 1989. 'The dollar has begun a long-term weakening trend, and that's going to reduce the US stock market capitalization as percentage of the world.' Investors should consider adding Chinese, Indian and European assets in rebalancing their portfolios, Wood said. The veteran strategist's bearish view on US markets echoes the pessimism spreading across world markets that the era of American exceptionalism is ebbing, with President Donald Trump's chaotic rollout of his tariffs. US stocks occupy about 60% to 70% of world stock market capitalization, but its economy doesn't make as much in global wealth, he noted. 'It's an extreme of valuation relative to other markets. Japan's valuation at the end of 1989 was extreme.' READ: Janus Henderson Weighs 10% Cut in US Assets After Trump Turmoil US equities have narrowly averted a bear market, a far cry from their record streaks earlier this year. The S&P 500 has bounced from this month's low, but its year-to-date 8.6% drop lags European and Chinese benchmarks. 'It's not just a question of the US going down. It's a question of Europe, China and India going up,' he said. Most global investors don't have an exposure to India, Wood said. 'I'm saying they should. Any global emerging market investors tend to own India. I'm saying global funds should own India too.' READ: Citigroup Turns Cold on US Stocks, Joining Wall Street Peers As More Women Lift Weights, Gyms Might Never Be the Same Why US Men Think College Isn't Worth It Anymore Eight Charts Show Men Are Falling Behind, From Classrooms to Careers India's 110% Car Tariffs Become Harder to Defend in Trump Era The Guy Who Connected Donald Trump to the Manosphere ©2025 Bloomberg L.P. Sign in to access your portfolio
Time of India
24-04-2025
- Business
- Time of India
Best over for US stocks? Jefferies' Chris Wood makes big prediction, says investors should look at India, China
Chris Wood suggests that investors should diversify their portfolios by incorporating assets from China, India and Europe. (AI image) Are the best days over for US stock markets? The US equity market has surpassed its peak performance period, and investors need to be ready for additional dips in stocks, Treasury bonds and the US currency, warns Christopher Wood from Jefferies Financial Group Inc. A ccording to Wood, who serves as the firm's global head of equity strategy, US equities' market value as a proportion of the MSCI All Country World Index hit its highest point in late December. "The US has made an all-time peak," he said, likening it to the Japanese market in 1989. "The dollar has begun a long-term weakening trend, and that's going to reduce the US stock market capitalization as percentage of the world. " According to a Bloomberg report, Wood suggests that investors should diversify their portfolios by incorporating assets from China, India and Europe. The experienced strategist's negative outlook on US markets reflects growing worldwide skepticism about America's continued market dominance, particularly in light of President Donald Trump's disorganised implementation of tariff policies. US stocks underperform global peers US stocks represent approximately 60% to 70% of global market capitalisation, yet their economic contribution to worldwide wealth is not proportionally equivalent, he observed. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Invest $200 in Amazon without buying stocks to earn a second salary Marketsall Sign Up Undo "It's an extreme of valuation relative to other markets. Japan's valuation at the end of 1989 was extreme." American equities have barely escaped entering a bear market, contrasting sharply with their previous record-breaking performance this year. The S&P 500 has recovered from its lowest point this month, however its 8.6% decline year-to-date remains behind European and Chinese market indicators. Also Read | Gold prices hit Rs 1 lakh! What's the outlook for gold and should you buy or sell the yellow metal? Explained "It's not just a question of the US going down. It's a question of Europe, China and India going up," he said. The majority of international investors lack investment presence in India, Wood stated. "I'm saying they should. Any global emerging market investors tend to own India. I'm saying global funds should own India too." Stay informed with the latest business news, updates on bank holidays and public holidays . Master Value & Valuation with ET! Learn to invest smartly & decode financials. Limited seats at 33% off – Enroll now!
Yahoo
29-03-2025
- Business
- Yahoo
Why Jefferies Financial Group Inc. (JEF) Went Down On Thursday?
We recently published a list of . In this article, we are going to take a look at where Jefferies Financial Group Inc. (NYSE:JEF) stands against other firms that mirrored Wall Street slump on Thursday. Wall Street's shares traded lower anew on Thursday, as investor sentiment continued to be dampened by President Donald Trump's fresh tariffs on US imports. The tech-heavy Nasdaq fell the heaviest, down 0.53 percent, followed by the Dow Jones at 0.37 percent, and the S&P 500 at 0.33 percent. The market decline was mainly weighed down by the performance of car manufacturers after Trump announced a 25-percent tariff on all vehicles imported beginning April 2. Ten companies mirrored the broader market decline. In this article, we listed Thursday's 10 worst performers and detailed the reasons behind their drop. To come up with the list, we considered only the stocks with a $2-billion market capitalization and $5 million in trading volume. A financial advisor shaking hands with a client, representing the wealth management services of the company. Jefferies Financial declined by 9.85 percent on Thursday to finish at $54.35 each, following a dismal earnings performance that was attributed to increasingly more challenging capital markets. In its latest earnings release, JEF said net income attributable to shareholders dropped by 14.6 percent in the first quarter of the year at $127.79 million from $149.64 million in the same period a year earlier, as revenues dropped 8.6 percent to $1.59 billion from $1.74 billion. 'The capital markets have become increasingly more challenging due to the uncertainties that have arisen around US policy and geopolitical events,' said JEF President and CEO Richard Handler. 'We remain very confident about our strategy, our team, and our long-term growth opportunities across our global businesses and we will navigate this period of uncertainty the way we always do, by focusing on our clients and helping them address their challenges and opportunities, while watching our risk, maintaining record liquidity and striving to gain market share across our firm,' he added. Overall, JEF ranks 5th on our list of firms that mirrored Wall Street slump on Thursday. While we acknowledge the potential of JEF as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is as promising as JEF but trades at less than 5 times its earnings, check out our report about the cheapest AI stock. READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Bloomberg
26-03-2025
- Business
- Bloomberg
Jefferies Profit Drops on Pullback in Deals, Capital Markets
By Updated on Save Jefferies Financial Group Inc. 's fiscal first-quarter earnings declined amid a drop in investment-banking and capital-markets revenue, with activity hurt by uncertainty around US policy and geopolitics. Total revenue slipped 8.4% to $1.59 billion in the three months through February, the New York-based firm said in a statement Wednesday. The results mark a reversal from a year ago, when momentum in trading and deals was starting to build.
