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

Stocks making the biggest moves midday: Oracle, AST SpaceMobile, Revolution Medicines and more
Finance

Stocks making the biggest moves midday: Oracle, AST SpaceMobile, Revolution Medicines and more

Check out the companies making the biggest moves midday: AppFolio — The cloud-based business software provider climbed 7% after an upgrade to overweight from equal weight at KeyBanc, with a 12-month price target of $285, according to FactSet’s StreetAccount service. AST SpaceMobile — Shares in the space-based broadband cellular network dropped 6% after more than […]

Read More
Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio
Finance

Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio

ETF Edge Gold’s record run leads to latest market-moving tweak to the classic 60/40 investing portfolio Published Fri, Oct 17 202511:50 AM EDTUpdated 14 Min Ago Krysta Escobar WATCH LIVE Source

Read More
Moody’s says the banking system, private credit markets are sound despite worries over bad loans
Finance

Moody’s says the banking system, private credit markets are sound despite worries over bad loans

Key Points Despite worries over bad loans at midsize U.S. banks, there’s little evidence of a systemic problem, according to Marc Pinto, Moody’s head of global private credit. “One cockroach does not a trend make,” Pinto said. Market sentiment appeared to improve Friday after a sell-off Thursday. Source

Read More