Morgan Stanley chairman and CEO Ted Pick joins 'Squawk Box' to discuss the business sentiment at Davos, state of the U.S. equity market, impact of the second Trump administration, M&A outlook, crypto industry,
Michael Grimes, a technology banker with Morgan Stanley , is in talks to leave the bank for a position in U.S. President Donald Trump's administration, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions.
Star technology banker Michael Grimes is in discussions to leave Morgan Stanley to work for the Trump administration, according to people familiar with the matter. Grimes is among the biggest names in banking,
Teradyne Inc (TER) stock saw a modest uptick, ending the day at $134.8 which represents a slight increase of $2.50 or 1.89% from the prior close of $132.3. The stock opened at $132.8 and touched a low of $132.
On Wednesday, Microsoft ( MSFT, Financial) shares grew nearly 3% despite Morgan Stanley lowering their price target from $548 to $540. However, the investment company kept its Overweight rating to reflect its belief in Microsoft's future growth while standing behind Microsoft's market leadership and new artificial intelligence technology prospects.
Morgan Stanley Wealth Management today announced results from its quarterly retail investor pulse survey: Majority of investor views remained bullish.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
Morgan Stanley said its profit more than doubled in the fourth quarter, fueled by its investment banking and trading businesses. Profit surged 145% to $3.71 billion. That amounted to $2.22 per share,
Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $368,287, and 3 were calls, valued at $221,926.
Morgan Stanley’s traders beat analysts’ estimates in the fourth quarter, joining their other Wall Street rivals in reporting a strong end to the year on volatility tied to the US elections and economic data in the final months of 2024.
Morgan Stanley downgraded Astera Labs (ALAB) to Equal-weight from Overweight due to full valuation and priced-in product ramps.
Morgan Stanley reported robust earnings surpassing market expectations, powered by significant gains in revenue and income.