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Morgan Stanley's investment banking soars on deal outlook, but weaker wealth weighs
StreetInsider· 2 days agoBy Tatiana Bautzer and Manya Saini (Reuters) -Morgan Stanley's second-quarter profit beat expectations on Tuesday, driven by a surge in investment banking that was offset by muted growth in wealth management....
Morgan Stanley's wealth business slowdown overshadows profit beat
StreetInsider· 2 days agoThe bank's wealth business had flourished under former CEO James Gorman, generating more stable revenue than more volatile market-sensitive businesses such as investment banking and trading. It aims to manage $10 trillion in client assets.
US Stocks Rise as 'Trump Trades' Take Hold, Small-Caps Rally
Financial Post· 3 days agoThe S&P 500 Index rose 0.7% by noon in New York to a level, if held, that will be a new closing...
Correlations Between Credit and Equities Are Breaking Down
Financial Post· 5 days agoCredit markets are breathing a sigh of relief after inflation data showed price pressures are...
United Airlines posts solid Q2 earnings, softer guidance as inflection point nears
Investing.com via Yahoo Finance Canada· 10 hours agoThe carrier reported adjusted earnings per share of $4.14 on revenue of $14.99 billion. The weaker guidance comes at a difficult time for the airline industry, as a variety ...
OneStream Announces Launch of Initial Public Offering
telegraphherald.com· 3 days agoIn addition, OneStream intends to grant the underwriters a 30-day option to purchase up to an additional 3,675,000 shares of Class A common stock from OneStream at the initial ...
5 big analyst AI moves: Tesla and SMCI stocks downgraded
Investing.com via Yahoo Finance Canada· 4 days agoThe NVL72 offers performance 20-30 times greater than the H100 and provides the lowest cost per token solution. Thus, they expect GB200 to generate over $200 billion in data ...
QuantumScape Stock Forecast: QS shares rise 16% in second day of steep rally
The Forex Market· 6 days agoVolkswagen could end up producing QuantumScape batteries for as many as 1 million vehicles annually. QuantumScape (QS) stock is refusing to fade on Friday after its 30% Thursday ...