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.
Steve Liesman, JPMorgan’s David Kelly, Wolfe’s Stephanie Roth and Morgan Stanley’s Jim Caron, join 'Power Lunch' to discuss the Fed's rate decision and the Federal rate outlook.
Morgan Stanley closed 0.36% below its 52-week high of $139.04, which the company reached on January 24th.
Michael Grimes, a technology banker with Morgan Stanley , is in talks to leave the bank for a position in U.S. President Donald Trump's administration, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions.
"That's where we believe the alpha generation will come this year," Morgan Stanley's Katy Huberty says.
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.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
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.”
The brokerage said a slowdown in growth has unnerved investors, but it believes a recovery is on the horizon. The recent price decline has occurred on falling trading volumes, suggesting a lack of buyers rather than aggressive selling. Private financials appear to offer the best risk-reward balance in the current environment.
Morgan Stanley’s traders beat analysts’ estimates in the fourth quarter, joining their other Wall Street rivals in reporting a strong end to the year on volatility tied to the US elections and economic data in the final months of 2024.
Morgan Stanley said its profit more than doubled in the fourth quarter, fueled by its investment banking and trading businesses. Profit surged 145% to $3.71 billion. That amounted to $2.22 per share,
Investment bank Morgan Stanley has raised its rating on French luxury goods giant LVMH to 'overweight' from 'equal weight'.