Key Takeaways A TikTok ban could go into effect in the U.S. on Sunday, leaving other companies to compete for its users’ attention and almost $10 billion in ad revenue.Meta could be the biggest winner given its large user base said analysts at Morgan Stanley.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
Shares of Morgan Stanley gained in early trading Thursday, after the bank and broker beat both profit and revenue expectations for the latest quarter, fueled by strength in the equity and bond trading businesses.
Morgan Stanley easily beat fourth-quarter profit and revenue estimates on strong equity trading and IPO activity.
BofA analyst Ebrahim Poonawala raised the firm’s price target on Morgan Stanley (MS) to $153 from $146 and keeps a Buy rating on the shares
If the rise of Donald Trump has taught us anything about politics, it’s to expect the unexpected – but with his second term as President just a
Morgan Stanley turned in $3.7 billion of profit in the fourth quarter, up 147% from a year earlier and exceeding analysts’ estimates of $2.7 billion. The New York-based investment bank posted per-share earnings of $2.
By Nivedita Balu TORONTO (Reuters) -TD Bank, Bank of Montreal and National Bank of Canada said on Friday they were withdrawing from the Net-Zero Banking Alliance (NZBA), joining the big six US banks in quitting the banking sector climate coalition.
Wall Street started higher ahead of Trump's inauguration on Monday. Investors expect a flurry of executive orders, including on crypto and TikTok.
Security company SailPoint on Friday made public its paperwork for an initial public offering in the United States. Ebullient equity markets, falling interest rates and hopes of a friendlier market environment for deals under the incoming Trump administration has rejuvenated the U.