Morgan Stanley’s stock outpaced gains in other financial stocks Thursday, after the bank and broker forecast a robust flow of deals as it beat both profit and revenue expectations for the latest quarter.
Wall Street analysts see Robinhood benefiting from deregulation and crypto expansion, with bullish calls from Morgan Stanley and Bernstein.
Morgan Stanley turned in $3.7 billion of profit in the fourth quarter, up 147% from a year earlier and exceeding analysts’ estimates of $2.7 billion. The New York-based investment bank posted per-share earnings of $2.
The investment banking giant has been the subject of regulatory probes regarding the way it vets prospective clients. So far, that's not driving away potential clients, executives say.
In the case of Morgan Stanley, the wirehouse wants its financial advisors to increase their banking relationships with clients and sell more loans, a practice known as cross-selling. For Merrill Lynch,
Profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled in the fourth quarter, signaling a strong 2024 for Big Banks. Stephen Biggar, director of financial services research at Argus Research,
If the rise of Donald Trump has taught us anything about politics, it’s to expect the unexpected – but with his second term as President just a
Morgan Stanley reported robust earnings surpassing market expectations, powered by significant gains in revenue and income.
"There's still a lot of alpha generation to come," says Morgan Stanley's Global Head of Research Katy Huberty.
With Trump set to implement at least 100 executive orders on Monday, here are the areas of the market that could see moves.
Willscot Holdings Corp (WSC) stock saw a modest uptick, ending the day at $36.64 which represents a slight increase of $0.07 or 0.19% from the prior close of $36.57. The stock opened at $36.83 and touched a low of $36.