Ledger Eyes $4B IPO as Crypto Custody Demand Grows

Ledger, the crypto hardware wallet manufacturer, is reportedly preparing for a U.S. initial public offering that could value the company at over $4 billion, with investment banks Goldman Sachs, Jefferies, and Barclays leading the potential New York Stock Exchange listing. This move underscores the escalating institutional demand for secure crypto custody solutions and adds to a renewed wave of public listings for digital asset companies, following BitGo’s recent debut as 2026’s first crypto IPO. However, the path forward is nuanced, shaped by a mixed performance in crypto stocks, a shifting regulatory landscape, and the volatile trajectory of the broader crypto market.

about Ledger Eyes $4B IPO as Crypto Custody Demand Grows

Goldman Sachs, UBS, Jefferies Leaders on Global Markets Outlook

In the latest episode of ‘The Pulse With Francine Lacqua,’ top executives from Goldman Sachs, UBS, Jefferies, and Arcmont Asset Management share their insights on global markets and investment strategies. The discussion covers multi-asset solutions, economic forecasts, and wealth management trends. These exclusive interviews offer a rare glimpse into the thinking of some of finance’s most influential leaders.

about Goldman Sachs, UBS, Jefferies Leaders on Global Markets Outlook

Ex-Jefferies Banker Charged With UK Insider Trading

The UK’s Financial Conduct Authority has charged former Jefferies banker Bobosher Sharipov with insider dealing, marking another significant enforcement action in the regulator’s ongoing crackdown on market abuse. Sharipov allegedly leaked confidential information about GCP Student Living Plc’s potential takeover to his business associate Bekzod Avazov, who then traded on this privileged knowledge to generate approximately £70,000 ($92,407) in profits during 2021. This case underscores the persistent challenges financial regulators face in maintaining market integrity, particularly when trusted advisors breach their fiduciary duties.

about Ex-Jefferies Banker Charged With UK Insider Trading

Grayscale Files for NYSE IPO With Dual-Class Stock Structure

Grayscale Investments, the $35 billion crypto asset manager, has filed with the SEC to list its Class A common stock on the New York Stock Exchange under ticker symbol GRAY. The move will subject the firm to greater financial disclosure and shareholder scrutiny while preserving Digital Currency Group’s controlling voting power through a dual-class share structure. This transition comes as Grayscale faces revenue pressure from increased competition in the crypto ETF space, with management fees declining and assets under management slipping year-over-year.

about Grayscale Files for NYSE IPO With Dual-Class Stock Structure

NYC Elects Socialist Mayor Amid Record US Shutdown

New York City has elected its first democratic socialist mayor in a landmark political shift for the financial capital, while the US government shutdown has become the longest in history, creating mounting economic pressure. Financial leaders from Barclays, Novo Nordisk, and Jefferies weigh in on the implications of these parallel developments that are reshaping the economic landscape.

about NYC Elects Socialist Mayor Amid Record US Shutdown

Pudgy Penguins (PENGU) Shows Bullish Signals for Potential Rally

Pudgy Penguins token PENGU is flashing multiple bullish indicators across technical charts and on-chain data, with analyst Ali Martinez suggesting the token may be preparing for a significant upward move. Currently trading at $0.022 with $223 million in 24-hour volume, the asset shows alignment between technical patterns, whale accumulation, and fundamental developments including major partnerships and global brand expansion.

about Pudgy Penguins (PENGU) Shows Bullish Signals for Potential Rally

Inspire Medical Stock Drops on Jefferies Downgrade

Shares of Inspire Medical Systems (NYSE:INSP) tumbled 3.4% in afternoon trading after Jefferies delivered a stark reassessment of the medical technology company’s prospects, downgrading the stock from Buy to Hold and slashing its price target by nearly 50% from $160 to $85. The dramatic revision reflects mounting concerns about competitive pressures and the disruptive impact of GLP-1 weight loss medications on the sleep apnea treatment market, signaling a significant shift in analyst sentiment toward the company’s near-term growth trajectory.

about Inspire Medical Stock Drops on Jefferies Downgrade

Wall Street Bullish on Tech Stocks Amid Cooling Inflation

Wall Street analysts are showing renewed optimism across major technology stocks as cooler-than-expected inflation data boosts market sentiment. Multiple firms have issued bullish ratings and price target increases for companies including Microsoft, Coinbase, and Intel ahead of key earnings reports. The positive outlook comes alongside strong corporate earnings and favorable macroeconomic conditions.

about Wall Street Bullish on Tech Stocks Amid Cooling Inflation

Cooler Inflation Sparks Market Rally, Fed Rate Cut Hopes

U.S. stocks surged as September’s inflation data came in cooler than expected, with the Consumer Price Index hitting 3% versus the 3.1% forecast, fueling expectations for Federal Reserve rate cuts and sparking broad market optimism. Strong corporate earnings from Intel and Procter & Gamble provided additional momentum, while analysts issued bullish upgrades on technology giants including Amazon, Coinbase, and Microsoft, creating a perfect storm of positive catalysts for equity markets.

about Cooler Inflation Sparks Market Rally, Fed Rate Cut Hopes

Analysts Dismiss AI Bubble Fears, Boost Tech Stock Targets

Despite mounting concerns about an AI-driven market bubble, major financial institutions remain overwhelmingly bullish on leading semiconductor stocks, with analysts continuing to upgrade ratings and raise price targets for NVIDIA, Taiwan Semiconductor, and AMD. While some economists warn of potential overheating, firms including Goldman Sachs argue that AI investments remain sustainable and could ultimately add $20 trillion to the U.S. economy, suggesting the technological revolution is just beginning rather than nearing its peak.

about Analysts Dismiss AI Bubble Fears, Boost Tech Stock Targets

Jim Cramer: Ignore Apple Downgrade, Stock Has Upside

Jim Cramer is urging investors to disregard Jefferies’ recent downgrade of Apple stock to underperform, arguing the move overlooks the company’s long-term potential despite recent underperformance. While Apple has lagged behind other Magnificent Seven stocks, Cramer points to upcoming innovations including enhanced Siri capabilities, AI search project Veritas, and the potential foldable iPhone as catalysts that could drive future growth and justify maintaining investment in the tech giant.

about Jim Cramer: Ignore Apple Downgrade, Stock Has Upside