Key Takeaways A TikTok ban could go into effect in the U.S. on Sunday, leaving other companies to compete for its users’ attention and almost $10 billion in ad revenue.Meta could be the biggest winner given its large user base said analysts at Morgan Stanley.
Morgan Stanley is kicking off the new year with the creation of a new division—Integrated Firm Management—and put company veteran Mandell Crawley in charge. Crawley was most recently the head of human resources.
Morgan Stanley (MS) reports its highest quarterly revenue in over 15 years, driven by strong performance in Wealth and Investment Management, while navigating geopolitical and regulatory hurdles.
Shares of Morgan Stanley gained in early trading Thursday, after the bank and broker beat both profit and revenue expectations for the latest quarter, fueled by strength in the equity and bond trading businesses.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
Morgan Stanley easily beat fourth-quarter profit and revenue estimates on strong equity trading and IPO activity.
BofA analyst Ebrahim Poonawala raised the firm’s price target on Morgan Stanley (MS) to $153 from $146 and keeps a Buy rating on the shares
Morgan Stanley reported robust earnings surpassing market expectations, powered by significant gains in revenue and income.
Morgan Stanley (NYSE:MS), a leading global financial services firm with a substantial market capitalization of $220.72 billion, has been navigating a complex financial landscape with resilience and strategic focus.
Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.
Stocks closed sharply higher Friday, sending the S&P 500 and Dow Jones Industrial Average to their biggest weekly gains since the week of the November presidential election.