Morgan Stanley posts 3rd-quarter profit pass up as investment banking earnings collapses 55%

Morgan Stanley posts 3rd-quarter profit pass up as investment banking earnings collapses 55%


Vital Factors
  • Right here are the numbers: Earnings of $1.47 a share, when compared with $1.49 estimate of analysts surveyed by Refinitiv
  • Revenue of $12.99 billion, in comparison with the $13.3 billion estimate
  • Shares of the financial institution slumped 2.8% in premarket investing.



Supply

Stocks making the biggest moves midday: Zillow, KLA, iRobot, Immunome & more
Finance

Stocks making the biggest moves midday: Zillow, KLA, iRobot, Immunome & more

Check out the companies making the biggest moves midday: KLA Corp. — The semiconductor equipment maker jumped 4%, nearing a 52-week high, after Jefferies raised its 12-month price target to $1,500 from $1,200, saying “AI continues to drive spend with [wafer fab equipment] accelerating into C26/C27,” and citing KLA’s “outsized exposure to the Leading Edge.” […]

Read More
Hassett’s Fed chair candidacy received pushback from high-level people close to Trump, sources say
Finance

Hassett’s Fed chair candidacy received pushback from high-level people close to Trump, sources say

watch now VIDEO5:4705:47 The race for the next Fed chair: Here’s the latest Squawk Box Kevin Hassett’s candidacy for the Federal Reserve chair, once seen by the market as almost a sure thing, has received some pushback by high-level people who have the ear of President Donald Trump, according to sources familiar with the matter. […]

Read More
Stocks making the biggest moves premarket: iRobot, Las Vegas Sands, Tilray & more
Finance

Stocks making the biggest moves premarket: iRobot, Las Vegas Sands, Tilray & more

Check out the companies making headlines before the bell. Tilray — The cannabis stock jumped about 3%, building on last week’s rally sparked by news that President Donald Trump would instruct federal agencies to give the drug a less-stringent Schedule III classification from its current Schedule I designation. Dollar General — Shares rose 3% after […]

Read More