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#Jefferies

Deals

Jersey Mike's IPO filing tests consumer listing rebound

Jersey Mike's IPO filing shows $696 million of 2025 revenue, $59 million of net income and a Blackstone-backed debt payoff bet.

By Naomi Voss
Economy

US debt interest bill rises as Iran war lifts yields

US debt interest costs are rising as Iran-war-driven Treasury yields add about $8bn this fiscal year and push mortgage rates back toward 7%.

By Sloane Carrington
Deals

SoftBank Surges 20% as OpenAI's IPO Pipeline Starts Pricing Into Related Equities

SoftBank Group shares surged nearly 20 per cent in Tokyo morning trading after reports that OpenAI and SB Energy are preparing US IPOs, proving the anticipated listings are already pricing into related equities weeks before any S-1 filing.

By Naomi Voss
Stocks

Hims & Hers raises $402.5m in zero-coupon notes due 2032

Hims & Hers raised $402.5 million in zero-coupon convertible notes due 2032 and paired the deal with capped calls as it funds international expansion and AI platform investment.

By Avery Lin
Economy

US consumers keep spending as gas and inflation bite

Higher gasoline prices and 3.8 per cent inflation are darkening consumer sentiment, but April spending data show affluent households are still keeping US growth alive.

By Helena Brandt
Banking

Mizuho shares sink 7% after Rakuten Bank report denial

Mizuho fell as much as 7.7 per cent after saying it had not decided on a reported Rakuten Bank investment, underscoring investor caution over strategy shifts.

By Naomi Voss