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Morgan Stanley

Goldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats

by Walter Watson
Goldman Sachs jumps into bitcoin ETFs while Morgan Stanley retreats

When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions across Wall Street and beyond finally had the opportunity to …

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Cisco stock has best day since 2020 on earnings beat, 7% job cuts

by Walter Watson
Cisco stock has best day since 2020 on earnings beat, 7% job cuts

Cisco CEO Chuck Robbins participates in a Bloomberg Television interview at the World Economic Forum in Davos, Switzerland, on Jan. 18, 2023. Hollie Adams | Bloomberg | Getty Images Cisco …

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Stock market today: Live updates

by Ron Morgan
Stock market today: Live updates

S&P 500 health care sector — and health care ETFs — climb to all-time highs The S&P 500 health care sector climbed as much as 0.66% intraday Thursday, rising to …

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Analysts raised price targets on this AI-linked stock in past 2 weeks

by Walter Watson
Analysts raised price targets on this AI-linked stock in past 2 weeks

One under-the-radar stock linked to the artificial intelligence supply chain — particularly Nvidia’s — is a hot favorite among analysts right now. That’s Taiwan-listed Delta Electronics , an electronics manufacturing …

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Luxury group in sights of LVMH’S Arnault?

by Lionel Rogers
Luxury group in sights of LVMH’S Arnault?

By AFP Published Jul 17, 2024 The Swiss luxury group Richemont, which owns Cartier and other jewellery brands, is regularly the subject of takeover rumours which its founder, the South …

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Apple Intelligence could lead to iPhone & iPad supercycle upgrade

by Anas Siddiqui
Apple Intelligence could lead to iPhone & iPad supercycle upgrade

A new Morgan Stanley report seen by BGR suggests that Apple Intelligence could be responsible for dramatically boosting iPhone and iPad sales. The firm expects around 235 million iPhones to …

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Morgan Stanley OpenAI-powered assistant to roll out for wealth advisors

by Anas Siddiqui
Morgan Stanley OpenAI-powered assistant to roll out for wealth advisors

Bing Guan | Bloomberg | Getty Images Morgan Stanley is pushing further into its adoption of artificial intelligence with a new assistant that is expected to take over thousands of …

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Morgan Stanley picks global stocks to play a $50 billion AI boom

by Walter Watson
Morgan Stanley picks global stocks to play a  billion AI boom

Demand for AI-enablers such as data centers, power producers and grid operators is on the rise, according to Morgan Stanley, and a number of Asian companies stand out as potential …

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Chinese brokerages to merge as industry heeds government’s call to consolidate

by Anas Siddiqui
Chinese brokerages to merge as industry heeds government’s call to consolidate

The pace of consolidation in China’s brokerage industry is gathering pace amid Beijing’s drive to cultivate world-class investment banks that can match global giants in size and scope. Western Securities, …

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Opinion | China must avoid another big-bang yuan devaluation

by Anas Siddiqui
Opinion | China must avoid another big-bang yuan devaluation

China’s cyclical and structural economic woes have put further strain on the yuan. Morgan Stanley notes that China is on course for the longest period of deflation since the late …

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