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Morgan Stanley

Big week for tech IPOs like Reddit boosts Morgan Stanley after lull

by Ev Richard
Big week for tech IPOs like Reddit boosts Morgan Stanley after lull

The New York Stock Exchange welcomes Reddit, Inc. (NYSE: RDDT) to celebrate its initial public offering. To honor the occasion, Snoo, rings the Opening BellĀ®. NYSE Wall Street’s tech IPO …

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Categories Technology

Morgan Stanley names head of artificial intelligence, Jeff McMillan

by Adrian Jhonsan
Morgan Stanley names head of artificial intelligence, Jeff McMillan

The Morgan Stanley digital sign is seen at the company’s Times Square headquarters in New York, U.S., on Friday, Jan. 12, 2016. John Taggart | Bloomberg | Getty Images Morgan …

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Categories World

Banking analysts see 3 reasons why Wells Fargo should push even higher in 2024

by Adrian Jhonsan
Banking analysts see 3 reasons why Wells Fargo should push even higher in 2024

Wells Fargo ‘s run of form continued Wednesday, with shares hitting another 52-week high. Wall Street analysts see more upside ahead for what’s been the best-performing major U.S. bank stock …

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Categories World

Oil prices could surprise to the upside this summer: Morgan Stanley

by Milton Acorn
Oil prices could surprise to the upside this summer: Morgan Stanley

Investors could be caught off guard by the strength of an oil price rally this summer, according to Morgan Stanley‘s Martijn Rats. His comments came as oil prices rose on …

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Categories Science

It’s been a year since SVB’s failure. Where our bank stocks stands now

by Adrian Jhonsan
It’s been a year since SVB’s failure. Where our bank stocks stands now

It’s been a year this week since the collapse of Silicon Valley Bank sent shockwaves through the banking sector. While the crisis most directly affected the regionals, major U.S. financial …

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Categories World

How Wells Fargo stock reacted to 6 regulatory orders being lifted

by Adrian Jhonsan
How Wells Fargo stock reacted to 6 regulatory orders being lifted

Since taking over as CEO of Wells Fargo in 2019, Charlie Scharf has been cleaning up the bank. He’s cleared six consent orders tied to past misdeeds there that predated …

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Categories World

Jim Cramer says he would trim Disney as the stock makes a 52-week high

by Adrian Jhonsan
Jim Cramer says he would trim Disney as the stock makes a 52-week high

Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Tuesday’s key moments. 1. U.S. stocks slumped Tuesday …

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Categories World

A successful Reddit IPO would be bad news for the bull market

by Adrian Jhonsan
A successful Reddit IPO would be bad news for the bull market

There’s nothing like a moribund IPO market to create a pleasant backdrop for a bull run. We’ve had some small biotech deals and the usual SPAC junk. But nothing big, …

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Categories World

Investors get more reasons to like Apple after scrapping EV plans, AI update

by Adesola Mojo
Investors get more reasons to like Apple after scrapping EV plans, AI update

Apple offered investors more reasons to like its stock after the company reportedly canceled its decadelong electric, self-driving car project and CEO Tim Cook talked up the iPhone maker’s artificial …

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Categories Automobile

Move over Europe, India is Apple’s brightest new iPhone star |

by Ev Richard
Move over Europe, India is Apple’s brightest new iPhone star |

Apple‘s big bet on India is starting to pay dividends as the company’s iPhone sales in the country surpassed those in any individual European Union country in the year 2023. …

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Categories Technology
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