Morgan Stanley
Here are the risks to alcohol and food stocks from Ozempic-like weight loss drugs
The rise of new anti-obesity medications could result in less alcohol consumption, impacting Club name Constellation Brands (STZ). The risk already seems to be playing out in food stocks with exposure to snacks and junk food. However, if necessary, the Mexican beer powerhouse behind Corona, Modelo and Pacifico could take action to mitigate any demand […]
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Apple and Goldman were preparing stock-investing aspect for iPhones right until marketplaces turned very last 12 months
As equities soared in 2020 and customers flocked to buying and selling apps like Robinhood, Apple and Goldman Sachs had been functioning on an investing feature that would let shoppers acquire and provide stocks, according to three people common with the ideas. The venture was shelved final 12 months as the marketplaces turned south, explained […]
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Apple’s newest Iphone preorder details is ‘better than feared,’ Morgan Stanley claims
Apple CEO Tim Cook retains a new Apple iphone 15 Pro all through the Wonderlust challenge start function at the company’s headquarters in Cupertino, California, Sept. 12, 2023. Loren Elliott | Reuters Direct time and preorders for Apple’s hottest Iphone are “greater than feared,” Morgan Stanley analysts wrote in a notice Monday. Guide times for […]
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Morgan Stanley kicks off generative AI era on Wall Street with assistant for financial advisors
Shannon Stapleton | Reuters Morgan Stanley has officially kicked off the generative AI era on Wall Street. The bank plans to announce Monday that the assistant it created with OpenAI’s latest generative AI software is “fully live” for all financial advisors and their support staff, according to a memo obtained by CNBC. “Financial advisors will […]
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CNBC Each day Open up: Arm’s surge lends serving to hand to banking companies
Arm Holdings CEO Rene Haas poses for a photo with customers of management just before the Nasdaq opening bell at the Nasdaq MarketSite on September 14, 2023 in New York City. Michael M. Santiago | Getty Photographs News | Getty Pictures This report is from present day CNBC Everyday Open up, our new, intercontinental markets […]
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Goldman Sachs is in the spotlight as tech firms test IPO market
David Solomon, Goldman Sachs interview with David Faber, September 7, 2023. CNBC The return of large tech IPOs this week after a prolonged drought isn’t just a test of investors’ appetite for risky new offerings — it’s a key moment for Wall Street’s top advisor, Goldman Sachs. Chip designer Arm is expected to begin trading […]
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Morgan Stanley names its top stock picks — and its ‘least favored’ — in a corner of the chip market
A “recovery narrative” has been actively playing out in a corner of the semiconductor current market this yr, according to Morgan Stanley. Which is the memory sector, which involves DRAM, or dynamic random access memory — a sort of semiconductor memory necessary for info-processing — and NAND, a different style of memory that stays feasible […]
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Stock futures inch lessen adhering to profitable day for Wall Road: Are living updates
Traders function on the flooring of the New York Inventory Trade (NYSE) in New York Town, U.S., September 11, 2023. REUTERS/Brendan McDermid Brendan Mcdermid | Reuters Stock futures ticked down Monday night time as buyers arrive off a good day. Futures tied to the Dow Jones Industrial Common shed 30 details, dropping practically .1%. S&P […]
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Tesla shares soar 10% after Morgan Stanley enhance
SHANGHAI, CHINA – SEPTEMBER 06: Aerial see of Tesla motor vehicles ready to be loaded on board a roll-on-roll-off cargo vessel at Nangang port on September 6, 2023 in Shanghai, China. (Photo by VCG/VCG by using Getty Photos) Vcg | Visible China Team | Getty Illustrations or photos Tesla shares soared 10% in the initially 50 […]
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Morgan Stanley suggests China is ‘overinvested,’ but India’s the opposite
The Central television transmission tower amongst city buildings in Beijing, China, June 12, 2023. CFOTO | Future Publishing | Getty Photos China is overinvested as its financial system proceeds to get buffeted — but India has space for expense opportunities, reported Morgan Stanley. “China is overinvested. It truly is overleveraged and it really is oversupplied. […]
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