U.S. Stock Market Faces Uphill Battle in 2024
Morgan Stanley's Andrew Slimmon warns that the U.S. stock market is in for a challenging year ahead, despite the anticipated interest rate cuts from the Federal Reserve. As the senior…
Morgan Stanley Reports 14% Dip in Profits in Q2
Morgan Stanley, a leading global financial services firm, has revealed a 14% decline in profits during the second quarter. However, the company's wealth management unit managed to deliver record net…
Why Morgan Stanley Thinks Crypto Would Be Widely Used as Currency
(CoinDesk) Morgan Stanley strategists say growing partnerships between payment companies and physical stores would make digital assets widely accepted as a form of currency. The bank cited the recent partnership…
Morgan Stanley Reports $0.4B Decline in Q1 2022 Earnings
(Morgan Stanley) Morgan Stanley earned a net income of $3.7 billion in the first quarter of 2022, a decline from an income of $4.1 billion from the prior year. The…
Morgan Stanley Eyes a Full-Scale ETF Platform This Year
(InvestmentNews) Banking giant Morgan Stanley is reportedly working on its first exchange-traded fund platform, which it expects to debut later in the year. The plan, revealed by Morgan Stanley director…
Why Morgan Stanley Thinks DeFi’s Exponential Growth Could Be Over
(CoinDesk) Problems of over-collateralization and regulation will slow down decentralized finance despite exponential growth in recent years, according to Morgan Stanley. Morgan Stanley says that over-collateralization in borrowing or lending…
Morgan Stanley Warns of Higher Concentration Risk on Ethereum Than Bitcoin
(CoinDesk) Morgan Stanley strategists say Ethereum carries more concentration risk since it is held by a small number of accounts. The bank’s analyst Denny Galindo says the Ethereum network is…
Morgan Stanley (MS) Stock Price Forecast Ahead of Earnings
The Morgan Stanley stock price declined sharply on Friday last week as investors reacted to the mixed bank earnings. The MS stock tumbled by about 3.58% and ended the week…
Morgan Stanley Stock Price Forecast Ahead of Earnings
The Morgan Stanley stock price is hovering near its all-time high as investors wait for the company’s third-quarter earnings scheduled on Thursday. The stock is trading at $97.78, which is…
Morgan Stanley to Tap More into Global Real Estate After $3.1 Billion Funding
(Bloomberg) US banking giant Morgan Stanley has generated $3.1 billion to bet on global real estate, more than $2 billion raised in 2018 for similar bets. Investors that include sovereign…
Only a Matter of Time For Tesla’s Flying Cars, Says Morgan Stanley
(Seeking Alpha) Morgan Stanley analysts believe it is only a matter of time before American carmaker Tesla Inc. rolls out flying cars. Morgan Stanley Analyst Adam Jonas believes urban air…
Morgan Stanley Q2 Earnings Preview: What to Expect
The stock is up about 34% year to date. EPS expected at $1.72.Revenue expected at $13.72 billion. Investment banking and trading unit in focus. Morgan Stanley is scheduled to report its second-quarter…