Morgan Stanley
S&P 500 closes little changed after soft inflation report, index notches losing week: Live updates
Traders work on the floor of the New York Stock Exchange (NYSE) on February 13, 2026 in New York City. Spencer Platt | Getty Images The S&P 500 closed barely above the flatline on Friday as a key consumer inflation report that came in slightly lighter than expected failed to spark a substantial rally. The […]
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CNBC Daily Open: AI might come for financial firms next — and a weak U.S. retail report weighs on stocks
Traders work at the New York Stock Exchange on Feb. 10, 2026. NYSE What can’t artificial intelligence claim to do nowadays? Tech platform Altruist announced Tuesday a tool to help users carry out tax planning — an act, as everyone knows, more complex than quantum physics — within “minutes.” Financial stocks wobbled on those claims […]
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The AI threat wrecked software stocks. Now financial stocks look next with LPL down 11%
Traders work at the New York Stock Exchange on Feb. 10, 2026. NYSE Shares of financial services firms tanked Tuesday after the launch of a new tax planning tool powered by artificial intelligence that promises to do the work “within minutes.” LPL Financial tumbled nearly 11%, while Charles Schwab and Raymond James Financial both dropped […]
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CNBC Daily Open: Takaichi and the AI trade in focus this week
Japan’s Prime Minister Sanae Takaichi, leader of the ruling Liberal Democratic Party (LDP), speaks during a press conference at the LDP headquarters in Tokyo, Japan, on February 9, 2026. Franck Robicho | Anadolu | Getty Images There’s nearly nothing that apparently can’t be deployed as a trading strategy. We have the “TACO” trade, the Fed […]
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Morgan Stanley says buy 2 beaten-down software stocks. We agree on one of them
The selloff in enterprise software stocks that crushed the market for most of last week was abating for the second straight session on Monday for some of the more established names. Is it time to buy? Morgan Stanley thinks so — advising clients in a Sunday note of “attractive entry points” in Microsoft and Salesforce […]
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CNBC Daily Open: Asia markets and precious metals rebound amid Trump’s trade deal with India
India’s Prime Minister Narendra Modi hugs U.S. President Donald Trump as they give joint statements in the Rose Garden of the White House in Washington, June 26, 2017. Kevin Lamarque | Reuters Asia markets on Tuesday staged a staggering turnaround from the previous day. South Korea’s Kospi led gains in the region, soaring 6.7% as […]
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CNBC Daily Open: India and U.S. strike a trade deal, and markets shrug off precious metals rout
U.S. President Donald Trump and Indian Prime Minister Narendra Modi shake hands as they attend a joint press conference at the White House in Washington, D.C., U.S., Feb. 13, 2025. Kevin Lamarque | Reuters The world’s largest economy has struck a deal with the most populous nation. U.S. President Donald Trump announced Monday that America […]
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