Morgan Stanley was stuck with billions of dollars of unloved debt tied to Elon Musk’s controversial 2022 buyout of social-media platform Twitter Inc. It took one election and a billionaire bromance to flip the script.
Michael Gapen, Morgan Stanley chief U.S. economist; Subadra Rajappa, Societe General head of U.S. rates strategy; and Jamie Cox, managing partner at Harris Financial Group, join CNBC's 'The Exchange' to discuss reactions to the White House rescinding yesterday's memo freezing federal aid.
Morgan Stanley closed 0.36% below its 52-week high of $139.04, which the company reached on January 24th.
"That's where we believe the alpha generation will come this year," Morgan Stanley's Katy Huberty says.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
The team of three advisors have started a firm called T6 Wealth Management, which will operate out of Morgan Stanley's new offices in Midtown Manhattan.
Morgan Stanley analysts have highlighted Japanese equities set to benefit from artificial intelligence (AI) advancements or remain resilient against market disruption. Their research focuses on companies categorized
Here are Morgan Stanley’s top consumer services stocks. These are S&P 1500 ( NYSEARCA: SPTM) stocks in the media ( SOCL ), ( GGME ), ( XHYT ), entertainment ( ODDS ), consumer services, and transportation ( XTN ), ( IYT ), ( FTXR) sectors that are rated “overweight.”
Morgan Stanley on Monday cut its UK's economic growth forecast to 0.9% for this year, citing a slowdown in Britain's economy and signs of labour market weakness.
“While dollar bulls are numerous and perhaps most vocal in expressing their views, there seems to be a more ‘silent’ plurality of investors looking to sell the dollar instead,” strategists including David Adams wrote in a note. “Many have dry powder and are waiting for a sign to enter shorts.”
Wise is furthering its expansion into the Latin American region with the launch of its cross-border payment services in Mexico.
Michael Grimes, a top banker at Morgan Stanley, would become the latest leading tech figure to join the Trump administration, as a senior official at the Commerce Department.