Morgan Stanley
Morgan Stanley hikes price targets for Asian stocks it says will benefit from greater iPhone demand
Increased shipments of Apple’s iPhones will be a key “volume driver” for the supply chain, according to Morgan Stanley. Consumers have been replacing their iPhones less often — an average of every five years from 3.7 years in 2021, according to the bank. But the situation is set to change, with Apple Intelligence predicted to […]
Read More
Stocks making the biggest moves midday: Charles Schwab, Match Group, Bank of America and more
Check out the companies making headlines in midday trading. Charles Schwab – The financial services giant slid close to9% following its second quarter results. The firm reported adjusted earnings of 73 cents per share and revenue of $4.69 billion. These just barely beat estimates, as analysts polled by LSEG were expecting 72 cents earnings per […]
Read More
Stocks making the biggest moves premarket: Morgan Stanley, UnitedHealth, Bank of America and more
Check out the companies making headlines before the bell. Morgan Stanley — The bank stock fell more than 2% in premarket trading even after the firm’s second-quarter results beat Wall Street estimates thanks to strong performance in trading and investment banking. The bank said profit surged 41% from the year-earlier period, helped by a rebound […]
Read More
Stock futures rise slightly following a record-setting session for the Dow: Live updates
Traders work on the floor of the New York Stock Exchange during morning trading on December 13, 2023 in New York City. Michael M. Santiago | Getty Images U.S. stock futures wavered on Tuesday after the Dow Jones Industrial Average closed at a record high. Futures linked to the 30-stock average slipped by 24 points, […]
Read More
Morgan Stanley to report second-quarter earnings
Key Points Morgan Stanley is likely to benefit from its Wall Street-centric business model. The bank’s massive wealth management business will be helped by high stock market values, which inflates the management fees the bank collects. Source
Read More
Stock futures rise as investors look to earnings to keep lifting market to records: Live updates
Traders on the floor of the New York Stock Exchange on Aug. 4, 2022. Source: NYSE Stock futures were higher in overnight trading Sunday as investors gear up for a big week of key corporate earnings. Futures on the Dow Jones Industrial Average rose 93 points, or 0.23%. S&P 500 futures added 0.26% and Nasdaq […]
Read More
Goldman Sachs is set to report second-quarter earnings — here’s what Wall Street expects
David Solomon, Goldman Sachs interview with David Faber, September 7, 2023. CNBC Goldman Sachs is scheduled to report second-quarter earnings before the opening bell Monday. Here’s what Wall Street expects: Earnings: $8.34 per share, according to LSEG Revenue: $12.46 billion, according to LSEG Trading Revenue: Fixed Income of $2.96 billion, Equities of $3.17 billion, per […]
Read More
Morgan Stanley names its ‘highest conviction’ stock picks for Europe, giving 4 more than 30% upside
Morgan Stanley says it’s time for stock-picking in Europe as earnings season and rate cuts are imminent. The investment bank says stock-level dispersion and equities market breadth should rise from here. Stock-level dispersion refers to the range of returns for stocks, while market breadth tracks the number of stocks going up relative to those declining. […]
Read More
These stocks reporting following 7 days have earnings momentum
Upcoming week brings huge earnings experiences from heavyweight financials and a couple other Wall Street favorites, some of which have robust forward earnings momentum ripe for investment. Far more than 40 companies in the S & P 500 are set to post outcomes upcoming week as next-quarter earnings equipment up. For the quarterly interval, the […]
Read More
Citigroup is about to report 2nd-quarter earnings
Crucial Points Citigroup was just this week rebuked for failing to handle its regulatory shortfalls, so analysts will be keen to inquire CEO Jane Fraser about her long-running efforts to tackle the concern. Very last year, Fraser announced strategies to simplify the management composition and lower fees at the 3rd-major U.S. bank by assets. But […]
Read More