Morgan Stanley is about to report earnings — here’s what to expect

Morgan Stanley is about to report earnings — here’s what to expect


Key Points
  • Morgan Stanley is set to report third-quarter earnings before the opening bell Wednesday.
  • The bank’s massive wealth management business will be helped by high stock market values in the quarter, which inflates the management fees the bank collects.
  • JPMorgan Chase, Goldman Sachs and Citigroup topped expectations, helped by better-than-expected revenue from trading or investment banking.



Source

A 5 million percent return in 60 years leaves Warren Buffett’s legacy unmatched
Finance

A 5 million percent return in 60 years leaves Warren Buffett’s legacy unmatched

Key Points Warren Buffett has handed over the CEO reins to Greg Abel after a six-decade run. From 1964 to 2024, Berkshire delivered a compounded annual gain of 19.9%, nearly double the S&P 500’s 10.4%. As Buffett relinquishes the helm, investors are increasingly focused on what disappears with him. Source

Read More
Stocks making the biggest moves midday: Nike, Corcept Therapeutics, Taiwan Semiconductor & more
Finance

Stocks making the biggest moves midday: Nike, Corcept Therapeutics, Taiwan Semiconductor & more

Check out the companies making the biggest moves midday: Nike — Shares of the sneaker giant rose around 4% after board members Tim Cook and Robert Holmes Swan, as well as Nike CEO Elliott Hill, increased their stakes, Verity data shows. The action comes as Nike wraps up a tough year. Corcept Therapeutics — Shares […]

Read More
Stocks making the biggest moves premarket: Intel, Hyatt Hotels, Taiwan Semiconductor & more
Finance

Stocks making the biggest moves premarket: Intel, Hyatt Hotels, Taiwan Semiconductor & more

Check out the companies making headlines before the bell. Intel — The technology stock rose 1%. Earlier this week, Nvidia completed its $5 billion equity investment in Intel. Taiwan Semiconductor Manufacturing — Shares ticked up 1% after Reuters reported that Nvidia asked the semiconductor firm to boost its H200 production in response to Chinese orders […]

Read More