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Morgan Stanley

China’s big ‘Golden Week’ holiday is here. Three hot destinations

by Walter Watson
China’s big ‘Golden Week’ holiday is here. Three hot destinations

China’s appetite for travel hasn’t faded with the end of summer. Whether it’s by train or by car, hundreds of millions of people are traveling around mainland China for a …

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Kellanova bets on snacking as Ozempic, Wegovy take off

by Akin Smith
Kellanova bets on snacking as Ozempic, Wegovy take off

The snack aisle is seen during a tour of a new Amazon Go store in the Capitol Hill neighborhood of Seattle, Washington, U.S., on Monday, Feb. 24, 2020. Chona Kasinger …

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U.S. bank CEOs to face Senate Banking Committee hearing

by Vera Ward
U.S. bank CEOs to face Senate Banking Committee hearing

Chairman Sherrod Brown (D-OH) questions Treasury Secretary Janet Yellen and Federal Reserve Chairman Powell during a Senate Banking, Housing and Urban Affairs Committee hearing on the CARES Act, at the …

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Birkenstock gears up for roadshow in next test for IPO market

by Lionel Rogers
Birkenstock gears up for roadshow in next test for IPO market

By Bloomberg Published Sep 26, 2023 Birkenstock Holding Ltd. is preparing to kick off the roadshow for its US initial public offering in the next major test of demand for …

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Victoria’s Secret can’t let go of its angel wings

by Lionel Rogers
Victoria’s Secret can’t let go of its angel wings

By Bloomberg Published Sep 26, 2023 Victoria’s Secret & Co. has been seeking penance with shoppers after a backlash to its sexy imagery, with an oft-changing cast of executives pledging …

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Nike faces risks from consumer squeeze and China, Jefferies says

by David Johnson
Nike faces risks from consumer squeeze and China, Jefferies says

By Bloomberg Published Sep 25, 2023 Nike Inc. faces a risk from slower spending by US students, in addition to ongoing Chinese headwinds, according to Jefferies analysts. Nike Pointing to …

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Morgan Stanley’s new AI tool  ‘spotty on accuracy’: sources

by Edgar Davis
Morgan Stanley’s new AI tool  ‘spotty on accuracy’: sources

The generative artificial intelligence revolution has begun with a whimper, not a bang, at Morgan Stanley. The investment bank rolled out a new AI tool on Monday that allows its …

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Apple, Goldman Sachs were planning a stock-trading feature for iPhones

by Edgar Davis
Apple, Goldman Sachs were planning a stock-trading feature for iPhones

As equities soared in 2020 and consumers flocked to trading apps like Robinhood, Apple and Goldman Sachs were working on an investing feature that would let consumers buy and sell …

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Unilever launches new bid to sell Q Tips and other brands

by David Johnson
Unilever launches new bid to sell Q Tips and other brands

By Reuters Published Sep 21, 2023 Unilever Plc has hired investment banks Morgan Stanley and Evercore Inc to sell a basket of non-core beauty and personal care brands that include …

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Risks to alcohol and food stocks from Ozempic-like weight loss drugs

by Akin Smith
Risks to alcohol and food stocks from Ozempic-like weight loss drugs

The rise of new anti-obesity medications could result in less alcohol consumption, impacting Club name Constellation Brands (STZ). The risk already seems to be playing out in food stocks with …

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