Chinese internet companies are ramping AI spending. These local players may benefit
Finance
Morgan Stanley earnings top estimates driven by wealth management
In this article MS Follow your favorite stocksCREATE FREE ACCOUNT People walk past Morgan Stanley global headquarters in Manhattan on March 20, 2025 in New York City. Spencer Platt | Getty Images Morgan Stanley on Thursday reported fourth-quarter results that exceeded Wall Street expectations on the back of strong revenue from wealth management. Here’s what […]
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Finance
Stocks making the biggest moves premarket: Taiwan Semiconductor, ASML, BlackRock and more
Check out the companies making the biggest moves in premarket trading: Taiwan Semiconductor Manufacturing — The chipmaker soared 6.6% after it posted another record quarter . The company saw a 35% increase in fourth-quarter profit, beating estimates amid demand for its artificial intelligence chips. ASML Holding —- Shares of the chip-equipment manufacturer jumped 6% after […]
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Finance
Under threat from Trump, Wall Street banks wager they can fend off credit card price controls
Key Points U.S. banks including JPMorgan Chase and Citigroup showed no signs of capitulation to President Donald Trump’s mandate of a 10% cap on credit card interest rates. Five days after the original threat, bankers and their lobbyists told CNBC that they have yet to receive any formal or written guidance from the Trump administration […]
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