Morgan Stanley
Stocks making the biggest moves midday: Tesla, Robinhood, Nvidia, Cognizant and more
Check out the companies making headlines in midday trading: Bank stocks — Major banks came under pressure during Monday’s session amid rising concerns about a potential slowdown in the U.S. economy. JPMorgan Chase and Goldman Sachs fell roughly 4%. Citigroup slid more than 4%, and Wells Fargo dropped 5%. Bank of America shed more than […]
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Stocks making the biggest moves premarket: JPMorgan Chase, Coinbase, Redfin, Novo Nordisk
Check out the companies making headlines in premarket trading. Bank stocks — Shares of major banks were under pressure Monday as worries over a possible U.S. economic slowdown weighed on them. JPMorgan Chase dropped more than 1% along with Citigroup , Wells Fargo , Bank of America , Morgan Stanley and Goldman Sachs . DoorDash […]
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Dealmaker Michael Grimes expected to lead new U.S. sovereign wealth fund: Reuters
Michael Grimes, head of global technology investment banking at Morgan Stanley, smiles while speaking to freshman students enrolled in the Management, Entrepreneurship, and Technology (M.E.T.) program during an orientation at the University of California-Berkeley campus in Berkeley, California, U.S., on Friday, Aug. 17, 2018. David Paul Morris | Bloomberg | Getty Images Star technology investment […]
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Tesla’s worst month since 2022 coincided with Elon Musk’s first full month in White House
Leader of the Department of Government Efficiency Elon Musk wears a shirt that says “Tech Support” as he speaks during a cabinet meeting with US President Donald Trump at the White House in Washington, DC, on February 26, 2025. Jim Watson | Afp | Getty Images Tesla’s stock started off March the way it left […]
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AI cloud provider CoreWeave files for IPO
CoreWeave, a provider of cloud-based Nvidia processors to companies including Meta and Microsoft, is headed for the public market. In its IPO prospectus on Monday, CoreWeave said revenue in 2024 soared more than 700% to $1.92 billion. The company recorded a net loss of $863.4 million. In 2024, 62% of CoreWeave’s revenue came from Microsoft. […]
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These S&P 500 stocks are deeply oversold and may be due for a rebound
The S & P 500 may have just notched its second down week in a row, but there’s good news for investors: plenty of companies are oversold and due for a rally on a technical basis. The 500-stock benchmark slipped 1% this week, while the tech-heavy Nasdaq Composite plunged 3.5%. The blue-chip Dow Jones Industrial […]
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Stocks making the biggest moves midday: Krispy Kreme, Chegg, Zoom Communications and more
Check out the companies making headlines in midday trading. Solventum — Shares surged roughly 10% after the health-care company announced it would sell its purification and filtration business to Thermo Fisher Scientific for $4.1 billion. The transaction is expected to wrap up by the end of 2025. Sempra — The utility stock plunged 20%. Sempra […]
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Nvida to report earnings amid infrastructure spending, DeepSeek concerns
Nvidia is scheduled to report fourth-quarter financial results on Wednesday after the bell. It’s expected to put the finishing touches on one of the most remarkable years from a large company ever. Analysts polled by FactSet expect $38 billion in sales for the quarter ended in January, which would be a 72% increase on an […]
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OpenAI tops 400 million users despite DeepSeek’s emergence
Brad Lightcap of OpenAI. Courtesy: OpenAI OpenAI appears to be growing quickly despite increasing competition. The San Francisco-based tech company had 400 million weekly active users as of February, up 33% from 300 million in December, the company’s chief operating officer, Brad Lightcap, told CNBC. These numbers have not been previously reported. Lightcap pointed to […]
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Stocks making the biggest moves premarket: Moderna, Airbnb, GameStop, Roku and more
Check out the companies making headlines before the bell: Moderna — The biotechnology company retreated 4% after losing $2.91 per share in the fourth quarter, a wider loss than the $2.68 expected by LSEG. However, the company beat expectations of analysts for revenue in the quarter. GameStop — Shares rallied 8% after sources familiar with […]
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