Posts filtered by tags: Morgan Stanley[x]


Elon Musk Claims Full Recovery From Covid-19, Analyst Upgrades Tesla's Stock Forecast

Slashdot reader Charlotte Web quote The Street: Tesla CEO Elon Musk says that he has "fully" recovered from his bout with a mild fever or cold about a week after he took to Twitter to say he tested positive for coronavirus... [T]his week, Musk took a more reliable PCR test that he said showed "unequivocal" evidence that he had Covid... On Wednesday, Morgan Stanley raised Tesla to overweight for the first time in more than three years, predicting that the electric carmaker is on the verge of a...
Tags: Elon Musk, Tech, Tesla, Morgan Stanley, Jones, Musk, Charlotte, Adam Jones

A top Goldman dealmaker is jumping ship — Affirm gears up for an IPO — Hedge fund pay

  Happy Saturday!Bankers have been plenty busy as they work on big tie-ups and look to get IPOs across the line before the end of the year.Here's a recap of some of the big news this week:PNC announced its planned purchase of BBVA US, the US-based arm of the Spanish lending giant BBVA, for $11.6 billion. Reed Alexander talked with insiders to learn more about how one of the biggest bank deals since the financial crisis came together. You can read the full story here. The buy now, pay later lende...
Tags: Google, Europe, Microsoft, US, Trends, Paypal, Getty Images, Michael Dell, Goldman Sachs, Seattle, Morgan Stanley, Max Levchin, Goldman, Fintech, ADP, Bbva

All of Tesla's other services will be worth more than its car business, according to one Wall Street analyst who says the company should be compared to Apple, Tinder, and more.

Elon Musk, founder and chief engineer of SpaceX speaks at the 2020 Satellite Conference and Exhibition March 9, 2020 in Washington, DC. Win McNamee/Getty Images Tesla's services business could be worth more than all of its car sales by the end of the next decade, Morgan Stanley said.  The bank estimates autopilot, insurance, energy, and everything else to be worth about 53% of a new street-high target price of $540 by 2030.  Investors should also consider comparing the company to other ser...
Tags: Apple, Transportation, Spacex, Elon Musk, News, Tinder, California, Washington, Trends, Markets, Tesla, Roku, Morgan Stanley, Detroit, Jonas, Musk

Affirm revealed its IPO paperwork. Here's a look inside the buy now, pay later frenzy, the new twist on financing that is a must have for everyone.

Klarna markets itself as a 'smoooth shopping' experience. Thomas Concordia/Getty Images Point-of-sale financing isn't new, but it's gotten renewed attention as a wave of startups like Affirm, Afterpay, and Klarna acquired millions of new users during the coronavirus pandemic. On Wednesday, Affim published its S-1, the paper detailing its planned initial public offering.  These fintechs offer consumers the ability to buy now, pay later, both online and in-store. And now, incumbents ...
Tags: Apple, Google, Amazon, Japan, UK, Etsy, Australia, France, Finance, China, US, Trends, Paypal, David, Canada, Tencent

Google Pay redesign — Hedge fund salaries revealed — Affirm gears up for IPO

Traders with masks work on the first day of in-person trading since the closure during the outbreak of the coronavirus disease (COVID-19) on the floor at the New York Stock Exchange (NYSE) in New York, U.S., May 26, 2020. REUTERS/Brendan McDermid The weekend is near.New York City public schools, the largest school district in the country, announced it is transitioning its more than 1.1 million students to remote learning. It's the latest sign of the type of lockdowns that are being rolled b...
Tags: Google, New York, Wall Street, New York City, Trends, Bloomberg, Getty Images, Morgan Stanley, Nasdaq, U S Treasury, E Trade, Brendan Mcdermid, Eaton Vance, New York Stock Exchange NYSE, Mario Tama Getty, Alex Morrell

10 things you need to know before the opening bell

Kyodo News/Getty Images Welcome to 10 Things Before the Opening Bell. Sign up here to get this email in your inbox every morning.For the biggest stories in politics, sign up here for 10 Things in Politics You Need to Know Today — launching soon!Here's what you need to know before markets open.1. Global shares are down as concern picks up over the economy. Here's what the markets are doing.2. Billionaire Mike Novogratz says Bitcoin will hit $65,000. This was his advice to 'Game of Thrones' ...
Tags: Apple, Finance, US, Trends, Markets, Bitcoin, Berkshire Hathaway, Warren Buffett, Goldman Sachs, Morgan Stanley, EIA, Costco, Maisie Williams, Rbc, Lowe, Ray Dalio

How C++ Programming Language Became the Invisible Foundation For Everything, and What's Next

The origins of C++ date back 40 years, yet it remains one of the most widely used programming languages today. TechRepublic spoke to C++ creator, Bjarne Stroustrup, to find out why. An excerpt from the interview: Today, Stroustrup is a Technical Fellow at Morgan Stanley. His work with the International Organization for Standardization (ISO) for the C++ standard and on the C++ Core Guidelines are considered part of his role with the finance giant, and he remains very much involved in the developm...
Tags: Tech, Morgan Stanley, Unicode, Bjarne Stroustrup, International Organization for Standardization ISO, Stroustrup

Former Dropbox CFO Ajay Vashee is joining the powerhouse venture firm IVP in January

Ajay Vashee — who spent the last eight years at Dropbox, rising from the head of finance to CFO over his tenure and helping to take the company public in 2018 — is joining the Silicon Valley venture firm IVP in January. It’s the realization of plans established long ago by Vashee, who fell in love with venture years ago and has always known he wanted to return to it, though he wasn’t sure when or where that night happen. Indeed, he says that when he announced that he was leaving Dropbox in...
Tags: TC, Tech, Dropbox, Venture Capital, Silicon Valley, Talent, Morgan Stanley, IVP, Hiring, Columbia, Nea, Bay Area, Ajay Vashee, Todd Chaffee, Vashee, NEA Vashee

Warren Buffett's Berkshire Hathaway potentially sold as much as $5 billion of Apple stock last quarter

Lucas Jackson/Reuters Warren Buffett's Berkshire Hathaway potentially cashed out as much as $5 billion of Apple stock last quarter.The billionaire investor's company recently valued its stake in the iPhone maker at $111.7 billion as of September 30, compared to $91.5 billion as of June 30.The disparity suggests it sold about 39 million shares last quarter, based on the price of Apple's shares at the end of both periods.Berkshire's last portfolio update also suggests it has trimmed its larg...
Tags: Apple, Trends, Berkshire Hathaway, Warren Buffett, Morgan Stanley, Berkshire, Buffett, Theron Mohamed, Lucas Jackson Reuters Warren Buffett

An Uber-like Chinese startup for trucks seeks to raise about $2 billion ahead of its 2021 IPO, report says

VCG / Contributor A Chinese startup that offers truck-hailing services is raising almost $2 billion ahead of its planned 2021 initial public offering, the Wall Street Journal reported.The Uber-style service, known as Full Truck Alliance, is valued at $10 billion ahead of the capital fundraising.The company counts a number of prominent names among its investors including Japan's SoftBank and Google parent Alphabet. Full Truck Alliance claims it is China's largest truck-hailing company.Visit...
Tags: Google, Transportation, Japan, Finance, China, Ipo, Softbank, Funding, Trends, Trucking Industry, Markets, Fundraising, Transport, Truck, Morgan Stanley, Wall Street Journal

Why mega-cap tech stocks could rally another 15% by year-end under a Biden-helmed split government, according to Wedbush

Sean Rayford/Getty Images Technology stocks in the FAANG, cloud software, and cyber security themes could rally 10%-15% by year-end with a Biden presidency and Republican Senate, according to Wedbush.This regime is the "Goldilocks election outcome" for tech stocks as a Biden presidency will ease US-China technology-policy issues while the Republican Senate decreases the prospect of major antitrust regulation.Wedbush listed Apple, Microsoft, Salesforce, and Zscaler as top tech stock picks. ...
Tags: Apple, Google, Microsoft, Senate, White House, China, US, Trends, Markets, Joe Biden, Beltway, Biden, Morgan Stanley, Doj, Zscaler, Wells Fargo

Big Tech's overwhelming market dominance is a 'very bearish sign' for both the economy and the biggest driver of stock gains, says top investing CEO

Lucas Jackson/Reuters Richard Bernstein recently told CNBC that the market dominance of Big Tech is a "very bearish sign" for the economy and corporate profits, which has historically been the largest driver of stock gains.The Richard Bernstein Advisors CEO pointed to the outperformance of the tech-heavy Nasdaq versus broader indexes, and said that narrow leadership in the market is "an end-of-cycle event." Broad market leadership is something that usually happens at the beginning of cycle...
Tags: US, Trends, Tech, Investing, Markets, Morgan Stanley, Nasdaq, Cnbc, Bernstein, Bear Market, Nasdaq Composite, Jim Rogers, Richard Bernstein, Big Tech, Tech Stocks, Economic Outlook

Jeff Bezos cashed out over $3 billion in Amazon stock but still made a massive gain off the post-election limbo for the markets

Jeff Bezos. Isaiah Downing/Reuters Jeff Bezos sold over $3 billion worth of Amazon's stock this week, but the US election rally has helped the tech billionaire's net worth rise massively.Bezos sold 1 million shares on Monday and Tuesday, taking his total cash-out in 2020 to more than $10 billion this year.The Amazon CEO's net worth added $10.5 billion on Wednesday alone in one of the largest single-day increases, according to Bloomberg.Last week, Amazon reported fourth-quarter earnings that...
Tags: Apple, Amazon, Facebook, Mark Zuckerberg, Elon Musk, US, Trends, Silicon Valley, Jeff Bezos, Morgan Stanley, Nasdaq, Bezos, Bloomberg Amazon, Shalini Nagarajan, Jeff Bezos Isaiah Downing Reuters, Bloomberg Last week Amazon

These 3 trades are an investor's best bet for hedging against a split government, JPMorgan strategist says

Morry Gash-Pool/Getty Images Investors looking to hedge against a divided government following the 2020 elections will need to look beyond buying Treasurys, JPMorgan strategist John Normand said in a Thursday podcast.While typically the top safe haven for such a scenario, yields are too low for Treasurys to serve as an effective hedge, he said.Normand instead recommended investors consider "second-best hedges" including holding the dollar against emerging-market currencies and owning the y...
Tags: Apple, Congress, Senate, Ipo, US, Trends, Markets, Joe Biden, Biden, Morgan Stanley, Jefferies, Fed, Market Outlook, Democratic, Jpmorgan, Currency Trading

Investors were disappointed by mega-cap tech guidance last week — but UBS says investors should stay invested and focus on 3 key areas

Spencer Platt/Getty Images Technology investors were tested on Friday after strong earnings reports from mega-cap earnings like Amazon, Facebook, and Apple were still followed by sharp declines in share prices.Traders elected to focus on tepid profit-growth outlooks, rather than the past quarter's better-than-expected results.Despite the negative earnings reaction in Friday trades, investors should stick with technology stocks for the long term, UBS said in a note on Friday.The firm lays o...
Tags: Apple, Facebook, Asia, China, US, Trends, Markets, Ubs, Earnings, Trading, Stocks, Goldman Sachs, Stock Market, Morgan Stanley, S&P 500, Amazon Facebook

US stocks cap off worst week since March as mega-cap tech outlook disappoints traders

Andrew Kelly/Reuters US stocks sold off on Friday after mega-cap tech earnings results didn't satisfy investor demand for future growth.Alphabet, Amazon, Apple, and Facebook reported quarterly earnings on Thursday that mostly beat estimates, but tepid and uncertain growth outlooks sent technology stocks tumbling. On top of that, the US hit an all-time high in daily COVID-19 cases on Thursday, reporting about 90,000 new cases.Watch major indexes update live here.US stocks finished the day l...
Tags: Apple, Amazon, Facebook, Twitter, US, Trends, The New York Times, Morgan Stanley, Dow Jones, Amazon Apple, Matthew Fox, Andrew Left, Alphabet Amazon Apple, Facebook Alphabet Amazon, COVID, Andrew Kelly Reuters US

Confidence 'has never been higher' : Here's what 4 Wall Street banks had to say about Apple's fiscal 4th-quarter earnings

Stephen Lam/Reuters While investors balked at Apple's worse-than-expected quarterly iPhone sales, analysts are looking past the September quarter and largely optimistic toward the company's future.The tech giant reported revenue and earnings on Thursday afternoon that beat estimates, but its stock tumbled as phone sales disappointed shareholders.Analysts at major banks praised growth in Apple's computer and services segments and advised clients to buy shares while they're at relative lows....
Tags: Apple, Wall Street, Ipo, US, Trends, Bank Of America, Goldman Sachs, Morgan Stanley, Canaccord Genuity, Reuters, Wedbush, Ives, Huberty, Katy Huberty, Watch Apple, Michael Walkley

Apple sees $111 billion in market value erased on disappointing 4th quarter iPhone sales and lack of forward guidance

Karl Mondon/Digital First Media/The Mercury News via Getty Images Apple shares fell as much as 5.6% on Friday after the tech giant's fiscal fourth-quarter figures failed to meet analysts' expectations.The slide saw as much as $111 billion erased from Apple's market cap.The company beat estimates for overall revenue and profit, but iPhone sales landed below hopes.Apple's updated phone lineup was released roughly one month later than usual, ensuring that sales of the new models will first ma...
Tags: Apple, Ipo, Trends, Tim Cook, Morgan Stanley, Democratic, Stanley, Luca Maestri, Watch Apple, Getty Images Apple, Ben Winck, BloombergEarnings

Morgan Stanley details 3 trades set to outperform as investors grow more comfortable with a Democratic sweep

Democratic presidential nominee Joe Biden takes off his face mask to speak during a drive-in campaign rally at Bucks County Community College on October 24, 2020 in Bristol, Pennsylvania. Biden is making two campaign stops in the battleground state of Pennsylvania on Saturday. Drew Angerer/Getty Images Investors are growing less bearish toward a Democratic sweep's market impact, but some risk markets aren't priced accordingly, Morgan Stanley strategists said Thursday.With former Vice Presid...
Tags: Apple, Senate, US, Trends, Joe Biden, Pennsylvania, Treasury, Biden, Morgan Stanley, Trump, Democratic, Sachs, Bucks County Community College, Bristol Pennsylvania, Ben Winck, Michael Zezas

iPhone 12 Demand Linked to Increased Air Pollution in China

Analysts for Morgan Stanley have said that air quality reports in some Chinese cities suggest an increase in industrial activity linked to iPhone 12 demand (via CNBC). Morgan Stanley analysts led by Katy Huberty used tracked air quality data from cities such as Zhengzhou, which is a major production location for Apple, to aid ‌iPhone 12‌ sales projections. Using air quality data from a non-profit platform that collects and publishes air quality data in China, we track nitrogen dioxide levels...
Tags: Apple, China, European Space Agency, Morgan Stanley, Chengdu, Chongqing, Zhengzhou, Katy Huberty, China Morgan Stanley, Iphone 12, iPhone 12 Pro, CNBC Morgan Stanley, Shenzhen Morgan Stanley

Big Tech faces 'danger scenario' with a Democratic sweep in November, warns prominent venture capitalist Bradley Tusk

Spencer Platt/Getty Images Big Tech faces a "danger scenario" with a Joe Biden win and a "blue sweep" in the upcoming elections, prominent venture capitalist Bradley Tusk warned on CNBC."People assume Congress is so incompetent and so inept and Big Tech companies are so smart they'll figure out how to stop them," Tusk, who is also a political strategist, said."I don't know if that's the correct assumption. You could certainly see left-leaning, anti-tech proposals have much more of an impa...
Tags: Google, Facebook, Europe, Congress, Washington, Senate, US, Trends, Tesla, Joe Biden, Silicon Valley, Biden, Donald Trump, Morgan Stanley, Justice Department, Cnbc

We've been tracking big hires and exits across Wall Street. Here's a look at 2020's must-know people moves and recruiting trends.

Trader moves have been happening left and right. And dealmakers are reshuffling to lean into hot coverage areas. REUTERS/ Brendan McDermid There's been a mad dash for talent as Wall Street firms quickly overhauled their 2020 playbooks.Equity and debt trading have surged as a result of the financial turmoil caused by the coronavirus outbreak. Hedge fund managers are responding to investors' expectations to outperform amid the chaos by aggressively hiring experts to fine-tune their strategies...
Tags: Google, Amazon, Cloud, Facebook, Microsoft, Finance, Banks, Wall Street, White House, New York City, America, Trends, CMO, Bank Of America, Barclays, Credit Suisse

Morgan Stanley's WhatsApp woes – How to get hired at Blackstone — Private equity comp, revealed

Happy Saturday!It was a busy week for Wall Street news, with fines, exits, pay cuts, and more. Here's what you need to know: 2 top Morgan Stanley commodities execs have left after the bank discovered the group was improperly using WhatsApp to communicate. A source familiar with the matter told Business Insider the two had displayed a "failure to supervise use of the communications within the commodities business."Goldman Sachs is paying billions in fines over the 1MDB scandal and cutting exec pa...
Tags: Google, California, Israel, US, Trends, New Jersey, Ubs, Merrill Lynch, Deutsche Bank, Goldman Sachs, Deloitte, Morgan Stanley, Goldman, Doj, Blackstone, Bloomberg LP

3 myths about being sensitive and showing emotion in the workplace

Showing emotions at work can actually make you a more powerful leader. Getty Images Melody Wilding is an executive career coach who helps people navigate their careers confidently and find lasting work-life balance. She says common myths about not expressing emotion at work may cause you to minimize your thoughts and feelings and stifle creativity. Ignoring your emotions can backfire. Instead, learning how to express your feelings with intelligence and depth will make your colleagues feel ...
Tags: Google, Facebook, Trends, Morgan Stanley, Mckinsey, Insider Inc, Getty Images Melody Wilding, Intel Unilever

Value investor Joel Greenblatt defends 'big tech' stock prices and tackles major societal issues in a new interview. Here are the 11 best quotes.

Reuters / Mike Segar Joel Greenblatt defended "big tech" valuations and detailed how a long-term investor might address some of society's biggest issues in a RealVision interview released on Thursday.Greenblatt, the co-chief investment officer of Gotham Asset Management and an adjunct professor at Columbia Business School, emphasized the economic benefits of skilled immigration and argued compounding could be used to narrow the wealth gap.Scroll down for Greenblatt's 11 best quotes from th...
Tags: Apple, US, Trends, Morgan Stanley, Reuters, Jpmorgan, Don, Greenblatt, Joel Greenblatt, Columbia Business School, Gotham Asset Management, Theron Mohamed, Mike Segar Joel Greenblatt

Billionaire investor Paul Tudor Jones calls bitcoin 'the best inflation trade' as the token surges above $13,000

Paul Tudor Jones. REUTERS/Eduardo Munoz Bitcoin's October rally will continue as investors start scooping up the token as an inflation hedge, the billionaire investor Paul Tudor Jones said Thursday.The world's largest cryptocurrency is up nearly 20% this month and recently rallied above $13,000 for the first time since July 2019.With the Federal Reserve set to pursue price growth above 2% in the future, bitcoin will serve as "the best inflation trade," Jones said on CNBC.Betting on the cryp...
Tags: Apple, Google, Hong Kong, Trends, Paypal, Square, Fidelity, Goldman Sachs, Federal Reserve, Morgan Stanley, Tudor, Cnbc, Jones, Paul Tudor Jones, Fed, Mike Novogratz

US stocks edge lower as investors mull odds of stimulus deal by end of week

Brendan McDermid/Reuters US stocks declined slightly on Wednesday as investors weighed the latest developments in reaching a stimulus agreement.House Speaker Nancy Pelosi and Treasury Secretary Steven Mnuchin failed to reach a deal before a Tuesday deadline and now aim to finalize a proposal before the weekend.Senate Democrats blocked Republicans' $500 billion "skinny bill," leaving both parties stuck in a stimulus deadlock.Oil futures sank on reports that US crude inventories climbed by 1...
Tags: Google, Senate, White House, China, US, Trends, General Motors, Markets, Paypal, Netflix, Bitcoin, House, Alibaba, Tencent, Treasury, Earnings

This serial founder is taking on Carta with cap table management software she says is better for founders

Yin Wu has co-founded several companies since graduating from Stanford in 2011, including a computer vision company called Double Labs that sold to Microsoft, where she stayed on for a couple of years as a software engineer. In fact, it was only after that sale she she says she “actually understood all of the nuances with a company’s cap table.” Her newest company, Pulley, a 14-month-old, Mountain View, Ca.-based maker of cap table management software aims to solve that same problem and has so f...
Tags: Fundings & Exits, Startups, TC, Microsoft, Stanford, Funding, Tech, Venture Capital, Andreessen Horowitz, Morgan Stanley, Stripe, General Catalyst, Caffeinated Capital, Braintree, Yu, Wu

Morgan Stanley's WhatsApp woes — Goldman stresses supply-chain security — Inside a 3D-printed home

DON EMMERT/AFP/Getty Images The Department of Justice filed its long-awaited antitrust case on Tuesday against Google for what it alleges are unfair advantages in search and online advertising. At first glance, this has little to do with Wall Street, beyond those who have made investments made in the tech space.However, it's worth considering how this might impact the overall push by Big Tech to get deeper into banking. Whether it's helping to facilitate payments or operating marketplaces,...
Tags: Google, Navy, California, Trends, Intel, Goldman Sachs, Salesforce, Department Of Justice, Morgan Stanley, Nasdaq, Goldman, Doj, Blackstone, Wells Fargo, Charlotte, Friedman

Morgan Stanley's WhatsApp woes

DON EMMERT/AFP/Getty Images The Department of Justice filed its long-awaited antitrust case on Tuesday against Google for what it alleges are unfair advantages in search and online advertising. At first glance, this has little to do with Wall Street, beyond those who have made investments made in the tech space.However, it's worth considering how this might impact the overall push by Big Tech to get deeper into banking. Whether it's helping to facilitate payments or operating marketplaces,...
Tags: Google, Navy, California, Trends, Intel, Goldman Sachs, Salesforce, Department Of Justice, Morgan Stanley, Nasdaq, Doj, Blackstone, Wells Fargo, Charlotte, Friedman, Victor Perez

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