‘Mag 7’ stocks are cheap and a buy after sell-off as long as no recession, Morgan Stanley says

‘Mag 7’ stocks are cheap and a buy after sell-off as long as no recession, Morgan Stanley says




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Hang Seng Bank shares jump 30% on parent HSBC’s privatization bid, valuing it at over  billion
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Hang Seng Bank shares jump 30% on parent HSBC’s privatization bid, valuing it at over $37 billion

Two HSBC bank logos are displayed on an office building in Mexico City, Mexico, July 25, 2025. Henry Romero | Reuters Hang Seng Bank shares jumped 29.5% Thursday after parent HSBC announced plans to take it private, valuing the lender at more than 290 billion Hong Kong dollars (over $37 billion). HSBC, Europe’s largest lender, […]

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SoftBank shares soar 13% after it agrees to buy ABB robotics unit for .4 billion
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SoftBank shares soar 13% after it agrees to buy ABB robotics unit for $5.4 billion

Shares of SoftBank jumped as much as 13% Thursday, hours after the Japanese giant announced a deal to buy the robotics division of Swiss engineering firm ABB for $5.4 billion, further advancing SoftBank’s AI footprint. The deal, which is subject to regulatory approval globally, means ABB will no longer look to spin off its robotics business as […]

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CNBC Daily Open: The Fed spoke, but AI roared
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CNBC Daily Open: The Fed spoke, but AI roared

AI stocks such as Nvidia are now masters of the market narrative, driving record highs across the S&P 500 and Nasdaq. Source

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