Posts filtered by tags: Morgan Stanley[x]


One of Tesla's biggest bulls just turned around and trashed the company on a private call with Wall Street (TSLA)

In a private call with clients, Morgan Stanley analyst and Tesla perma bull Adam Jonas painted a bleak picture for the company he's been touting for so long. Jonas sees Tesla floundering under its debt load now that it's no longer a growth story. He also sees the company's next moves — the new Model Y, the refresh of the Models S and X — as insufficient to bring it back to good. "Maybe retail consumers aren't ready to get into the segment the way Elon thought they were," he mused. Tesla did no...
Tags: Apple, Elon Musk, China, US, Trends, Tesla, Morgan Stanley, Jonas, Elon, Adam Jonas, Telsa, Mark van der Pluym, der Pluym Rescue, Could Tesla, Nothing Elon Musk

Tesla keeps getting hammered, and if the beating doesn't stop, it may need another tech giant like Apple to save it, experts say (TSLA)

Tesla's stock price has plummeted by 35% since the beginning of this year, as of Wednesday when markets opened, reaching levels it hasn't hit since the end of 2016.  Even in the worst-case scenario, Tesla is unlikely to go bankrupt, the Center for Automotive Research's Brett Smith and Morningstar's David Whiston said. Instead, it's more likely another company would take a major stake in Tesla or buy it, Smith and Kelley Blue Book's Karl Brauer said. One possible investor could be Apple, which ...
Tags: Apple, Elon Musk, Trends, Tesla, TSLA, Kelley Blue Book, The New York Times, Smith, Morgan Stanley, Trump, Morningstar, Karl Brauer, Brett Smith, ROTH Capital Partners, Brauer, Matthew DeBord

Apple offered to buy Tesla back in 2013 for more than it’s worth today

For years, analysts have maintained that Apple needs to move past the iPhone and look for additional revenue streams. Consequently, many analysts over the years have proposed that Apple would be well advised to make a blockbuster acquisition and snatch up a company like Netflix or Tesla.Interestingly enough, it turns out that Apple actually did make an effort to acquire Tesla six years ago at a valuation of $240 a share. Incidentally, Tesla's share price has been reeling lately and is curren...
Tags: Apple, Elon Musk, Cook, News, Tesla, Netflix, Tim Cook, Morgan Stanley, Cnbc, Irwin, Electrek, ROTH Capital Partners, Craig Irwin, Tesla Interestingly, Adrian Perica

How Deliveroo went from being the idea of a hungry banker to a $2 billion food delivery giant with backing from Amazon

Food delivery startup Deliveroo is one of the UK's hottest and most valuable startups, worth at least $2 billion and probably more after . Business Insider understands the company had been hoping for a new valuation of at least $4 billion. Deliveroo was started by Will Shu, a former banking analyst who hated the lack of options available when he had to eat at his desk. Uber had previously been in early talks to buy Deliveroo but that did not pan out. Here is the story of how Will Shu built De...
Tags: Apple, Amazon, Facebook, UK, New York, London, Berlin, Softbank, US, America, Trends, George Osborne, Tesco, Chelsea, Paris, Fidelity

This futuristic flying taxi startup took a giant leap towards making $70 rides a reality within 6 years

Lilium, the German flying taxi startup, completed the first maiden flight for its prototype vertical take-off and landing electric jet. Lilium has raised $100 million, last year applied for regulatory approval in Europe and the US, and hired its first CFO. Flying taxis sound crazy, but chief commercial officer Remo Gerber says they might make more economic sense than ride-hailing firms like Uber. Gerber thinks Lilium could offer $70 air taxi rides in Europe by 2025, but first it needs to solve...
Tags: Google, Twitter, Europe, London, China, US, Trends, Munich, Manchester, Morgan Stanley, Ev Williams, Niklas Zennstrom, Atomico, Don, Gerber, Remo Gerber

Everything we know going on at Goldman Sachs

Goldman Sachs has a new CEO and the storied investment bank is in the midst of a transformation. The Wall Street bank is moving away from high risk businesses like trading that were once lucrative but have since slowed, and towards more stable areas like consumer lending.  Business Insider reports regularly on the latest developments at Goldman. You can read our stories by subscribing to BI Prime. Here's what we know about what's going on inside of Goldman right now, from its growing digital ...
Tags: Apple, Google, Utah, New York, Microsoft, US, Trends, Tesla, Netflix, Goldman Sachs, Morgan Stanley, Goldman, Blackstone, Lloyd Blankfein, Marcus, Jpmorgan

Apple's week has gone from bad to worse — and it points to even more potential problems down the road (AAPL)

This is an excerpt from a story delivered exclusively to Business Insider Intelligence Apps and Platforms Briefing subscribers. To receive the full story plus other insights each morning, click here. Apple's week has gone from bad to worse: The company was not only dealt a negative ruling by the US Supreme Court as part of a class-action lawsuit, but now rising trade tensions between the US and China threaten to impact iPhone demand. Apple's Supreme Court loss In a 5-4 decision handed ou...
Tags: Apple, China, US, Trends, New York Times, App Store, Morgan Stanley, US supreme court, Business Insider, Aapl, Trump, Wedbush, Business Insider Intelligence, Daniel Ives, Apple s Services, Josh Rosenstock

Artesyn Embedded Tech to sell embedded power unit to Advanced Energy

Artesyn Embedded Technologies Inc,  a Platinum Equity portfolio company, has agreed to sell its embedded power business to Advanced Energy Industries Inc for about $400 million. Artesyn’s embedded power business supplies and makes power conversion products, including AC-DC power supplies, DC input devices and board mounted DC-DC modules. PRESS RELEASE Platinum Equity to Sell Artesyn’s Embedded Power Business to Advanced Energy Partial Divestiture Separates Artesyn’s Embedded Power, Embedded Comp...
Tags: Los Angeles, Trends, Tech, Jp Morgan, Morgan Stanley, Ac, Advanced Energy Industries Inc, Advanced Energy, Baker McKenzie, Platinum Equity, Morgan Lewis Bockius LLP, Embedded Power, PE Deals, AEIS, ASTEC, Platinum Equity Capital Partners IV

Africa e-tailer Jumia issues post-IPO results amid short-sell assault

For Pan-African e-commerce startup Jumia, going public has been an up and down affair. The company filed SEC IPO docs in March and saw its share rise 70% after listing on the NYSE in April at $14.50. Then last week, Jumia’s stock tumbled when it came under assault from a short-seller accusing the company of fraud. This occurred against the backdrop of a debate playing out across Africa’s tech ecosystem on Jumia’s legitimacy as an African startup and set the stage for the company’s first post-IP...
Tags: TC, Ipo, Africa, Tech, Bloomberg, Angola, SEC, Citibank, Morgan Stanley, Berenberg, Lagos, Nyse, Raymond James, EBITDA, Howell, Citron

Wall Street is worried that the US-China trade war could drive up iPhone prices, which is the last thing Apple needs right now (AAPL)

The price of Apple's iPhones could increase as a result of the Trump administration's 25% tariff on $200 billion of Chinese-made goods, according to analysts. Apple's biggest iPhone supplier is located in China, but the company may be looking to move production to regions such as Vietnam and India. The price hike would come as the smartphone industry grapples with slowing sales worldwide.  Visit Business Insider's homepage for more stories. The price of Apple's iPhone could climb even higher ...
Tags: Apple, China, India, US, Trends, Bloomberg, United States, Tim Cook, Vietnam, Huawei, Morgan Stanley, Foxconn, Trump, Reuters, Chennai, Wedbush

Upfronts highlights (including the jokes). Plus, a rough day for Apple: Tuesday Wake-Up Call

Welcome to Ad Age’s Wake-Up Call, our daily roundup of advertising, marketing, media and digital news. You can get an audio version of this briefing on your Alexa device; sign up here. What people are talking about today The TV upfronts are here, which means networks are putting on elaborate performances to woo advertisers. As Ad Age’s Jeanine Poggi writes, where else can you watch Luis Fonsi and gyrating dancers perform onstage at 11 a.m. on a Monday? At Radio City Music Hall, NBC Universal...
Tags: Apple, Google, Twitter, Nbc, China, Advertising, Samsung, Fox, New York Times, Beverly Hills, Nbc Universal, Seth Meyers, Morgan Stanley, Fortune, Linda Yaccarino, U S Supreme Court

Apple's iPhone cost faces sharp increase as US-China trade dispute worsens

Trump-imposed tariff of 25% on $200bn of goods could add about $160 to the cost of a $999 Chinese-made iPhone XSThe escalating trade dispute between the US and China could prove damaging to Apple and its customers by pushing up the cost of iPhones and driving down the share price.According to a report by Morgan Stanley, the new Trump-imposed tariff of 25% on $200bn of Chinese-made goods could add about $160 (£124) to the cost of a Chinese-made iPhone XS, which starts at $999. Continue reading...
Tags: Iphone, Apple, Business, Technology, China, US, International Trade, World news, US news, Morgan Stanley, Trump, US China

Apple is struggling — so the company is paying investors to stick with it

AAPL is riding high, even though the company is in a slump due to falling demand for the iPhone. CEO Tim Cook wants investors to believe that Services revenue will take over from iPhone revenue as the main driver of sales. But the evidence so far suggests that Services may be too small to offset losses from iPhone. So why is AAPL doing so well? Because Apple has paid investors $363 billion to continue holding the stock. Apple shares have outperformed the stock market this year, riding up 27% ...
Tags: Apple, Cook, China, Samsung, Trends, Bank Of America, Tim Cook, Services, Morgan Stanley, Aapl, Bernstein, Business Insider Intelligence, Katy Huberty, Toni Sacconaghi Jr, Although Services, Wamsi Mohan Investors

SoFi launches gig-focused ETF

SoFi is one of the leading fintech startups to emerge from San Francisco and breach the financial markets. Originally started as a way to better finance student debt, it has since expanded to include products targeted at personal loans and home loans. Today, the company announced a new index fund product focused on the gig economy. GIGE, which trades on Nasdaq, is an actively-managed fund advised by Toroso Investments that allows investors to invest in this hot sector of the economy. Toroso o...
Tags: Startups, Finance, Softbank, San Francisco, Tech, CMO, Investment, Banking, Venture Capital, Qatar Investment Authority, Anthony Noto, Silicon Valley, Goldman Sachs, Stock Market, Morgan Stanley, Fintech

Carta was just valued at $1.7 billion by Andreessen Horowitz, in a deal some see as rich

Carta, a seven-year-old, San Francisco-based startup, is the newest unicorn in tech. The company, which helps private and public companies, investors and employees manage their equity and ownership, tells TechCrunch it has raised $300 million in a Series E round at a $1.7 billion valuation, led by Andreessen Horowitz. Firm co-founder Marc Andreessen is also joining the board. The round has been a poorly kept secret. The outlet The Information reported more than a month ago the details that Carta...
Tags: Startups, TC, Finance, San Francisco, Tech, Andreessen, Canada, SEC, Goldman Sachs, Andreessen Horowitz, Morgan Stanley, Lightspeed Venture Partners, Marc Andreessen, Nyse, Ward, U S

The median Tesla employee made 81% more than the median American in 2018 (TSLA)

The median Tesla employee made $56,163 in 2018, the electric-car maker said in a proxy statement. That's 81% more than the median American, according to the Federal Reserve Bank of St. Louis. In 2016, the last year for which data is available, the median American made $31,099. Visit Business Insider's homepage for more stories. The median Tesla employee made $56,163 in 2018, the electric-car maker said in a proxy statement. That figure includes salary or wages, performance bonuses, and stock ...
Tags: Apple, Facebook, Elon Musk, China, US, Trends, General Motors, Tesla, Ford, SEC, Morgan Stanley, Fiat Chrysler, CEO Elon Musk, Federal Reserve Bank of St Louis, Twitter use Elon Musk

Apple's 'iPhone likely bottomed': Here's what Wall Street is saying about the tech giant's Q1 results. (AAPL)

Wall Street analysts covering Apple were broadly positive following the company's first-quarter results. The company's shares gained 5% early Wednesday. Watch Apple trade live. Apple's first-quarter earnings beat drove strongly positive reactions by both investors and Wall Street analyst. The company's stabilization in iPhone sales provided clarity after a rare revenue warning in January. The company's shares spiked 5% in early Wednesday trading. Revenues were driven by increased growth...
Tags: Apple, Wall Street, China, US, Trends, Credit Suisse, App Store, Morgan Stanley, Qualcomm, Greater China, Huberty, Uerkwitz, Katy Huberty, Cabral, Andrew Uerkwitz, Matthew Cabral

There were some awkward surprises in Tesla's latest financial filings

Tesla's recently released financials paint an even worse picture of the company's finances than CEO Elon Musk did last week. On top of a few nasty surprises, the filing did little to shift the conversation away from a lack of demand for Tesla's cars. Meanwhile, questions linger about how Tesla will execute on its latest strategic shift — turning its cars into a fleet of robo-taxis. Wall Street just got to see all the details of Tesla's disastrous first quarter, and now things look even worse ...
Tags: Google, Elon Musk, China, Trends, Tesla, Shanghai, Morgan Stanley, Canaccord Genuity, Musk, Adam Jonas, Uber General Motors, Tesla People, Jed Dorsheimer

Apple will lift the curtain on its latest quarter on Tuesday. Here are all the concerns that could shake investors. (AAPL)

Apple is scheduled to report its fiscal second-quarter results on Tuesday afternoon. Analysts are essentially split between bullish and neutral ahead of the report, with big questions lingering over iPhones sales and what kind of growth its new services could bring. Shares are still 12% below their all-time high after staging a 45% rally since their December low. Watch Apple trade live. Apple analysts have no shortage of questions and concerns ahead of the tech giant's highly anticipated fis...
Tags: Apple, China, Trends, Bloomberg, Ubs, Morgan Stanley, Qualcomm, Aapl, Greater China, Bank of America Merrill Lynch, Bloomberg Apple, Katy Huberty, KeyBanc Capital Markets, Timothy Arcuri, Matthew Cabral, Wamsi Mohan

Elon Musk on taking Tesla private: ‘That ship has sailed’

Elon Musk would prefer if Tesla, which is known for its volatile share price and is among the most heavily shorted stock, were a private company, but acknowledged during an earnings call Wednesday that it wasn’t likely. Musk can dream, can’t he? “Unfortunately that ship had sailed,” Musk said flatly, in response to a question from Morgan Stanley analyst Adam Jonas. Musk said Tesla as a public company was a distraction at times and then added, “I’m not sure what to do about it.” The questio...
Tags: Transportation, Spacex, Elon Musk, Tech, Tesla, Walgreens, Automotive, Electric Vehicles, Larry Ellison, SEC, Morgan Stanley, Cto, Musk, U.S. Securities and Exchange Commission, FactSet, Adam Jonas Musk

Mary Meeker raises $1.25B for Bond, her debut growth fund

As the Kleiner Perkins empire crumbles, Mary Meeker builds her own. The author of the Internet Trends Report has $1.25 billion in capital commitments for her debut growth fund, Bond Capital, as first reported by Axios and confirmed to TechCrunch by a source close to the firm. Bond Capital has declined to comment. Meeker spun-out from the Kleiner Perkins growth investing practice in September 2018 to form Bond after an internal power struggle between her and Mamoon Hamid, who joined Kleiner in...
Tags: TC, Tech, Venture Capital, Silicon Valley, Morgan Stanley, Bond, Mary Meeker, Kleiner Perkins, beth Seidenberg, Cowboy Ventures, Aileen Lee, Index Ventures, Kleiner, Meeker, Hamid, Social Capital

The Kleiner Mafia: Meet the Silicon Valley investors who did their tours of duty at the once untouchable VC firm

In a lengthy feature article this week, Fortune's Polina Marinova chronicled the downfall of Kleiner Perkins Caufield & Byers, once the premier venture firm in Silicon Valley. Marinova reports that part of the firm's downfall was high turnover by some of the firm's most up-and-coming investors.  Some of Silicon Valley's most prominent venture capital firms were started by former Kleiner Perkins investors, including Khosla Ventures and Defy Partners. Visit Business Insider's homepage for more s...
Tags: Google, Trends, Silicon Valley, Morgan Stanley, Fortune, Bond, Khosla, Mary Meeker, Khosla Ventures, Kleiner Perkins, John Doerr, Sand Hill Road, Sun Microsystems, Ideo, Social Capital, Kleiner Perkins Caufield Byers

Luxury consignment e-tailer The RealReal to enter the unicorn club with new funding

The RealReal, an online retailer for authenticated luxury consignment, has authorized the sale of up to $70 million in new shares, per a Delaware stock authorization filing discovered by the Prime Unicorn Index. If the company raises the entire amount, it would reach a valuation of $1.06 billion, cementing its status as the newest e-commerce unicorn. The filing doesn’t guarantee The RealReal will sell the full amount of authorized shares. The company declined to comment on its fundraising plans....
Tags: San Francisco, Tech, Goldman Sachs, Morgan Stanley, Wall Street Journal, Delaware, Wainwright, Julie Wainwright, Canaan Partners Most

Morgan Stanley, Goldman Sachs, and all 27 other banks working on Uber's mega-IPO (LYFT)

Morgan Stanley and Goldman Sachs won the top banking roles on the upcoming Uber IPO, which could reportedly raise up to $100 million for the ride-hailing company. Despite the competition between Uber and Lyft, which went public at the end of March, 11 of Uber's 29 banks are on both IPOs. Here are all 29 banks underwriting Uber's IPO Visit for more stories. Morgan Stanley and Goldman Sachs won the top two slots on Uber's impending IPO — joining with 27 other banks to fill u...
Tags: Apple, Google, Lyft, Uber, Usa, Ipo, Trends, Credit Suisse, Nintendo, Goldman Sachs, Morgan Stanley, Farfetch, Reuters, RBC Capital Markets, Morgan Stanley Goldman Sachs, GrubHub

Apple's App Store downloads went into decline, possibly for the first time ever

Apple's App Store downloads went into decline, possibly for the first time ever, according to research by Morgan Stanley. Apple recently stopped providing device unit sales data and asked people to focus on revenue success instead. Apple's services division — App Store downloads, music, and iTunes — is a key revenue driver that the company hoped would offset declining handset sales. But App Store revenue growth is decelerating, too. Analysts are expressing doubts about the power of Apple's myt...
Tags: Apple, Trends, Netflix, Hsbc, Tim Cook, Ubs, Deutsche Bank, App Store, Morgan Stanley, Samsung Galaxy, Aapl, Citi, Bernstein, Nomura, Huberty, Bank of America Merrill Lynch

Google's Next Big Money Maker Could Be the Maps on Your Phone

Google became the world's most profitable internet company on the back of search advertising. Now, it's turning another popular web service into a major cash machine. From a report: Google Maps is an indispensable part of life for more than 1 billion people, who use it to commute, explore new cities or find a hot new restaurant. The service has been mostly free, and free from ads, since it launched 14 years ago. Interviews with Google executives and customers show this is changing as the inter...
Tags: Google, Tech, Google Maps, Morgan Stanley, Schindler, Andy Taylor, Brian Nowak, Philipp Schindler

Google wants to start making more money from Maps, and we all know what that means

Google is reportedly about to bring a version of the same playbook that turned its best-in-class search engine into an unstoppable money machine over to Google Maps, its service that more than 1 billion people rely on for directions and other related information. What that means for users, according to a new Bloomberg report, is that we may start to see more things like sponsored listings from businesses that have paid to be atop Google Maps results when you search for a variety of information, ...
Tags: Google, News, Bloomberg, Google Maps, Morgan Stanley, Dunkin Donuts, Swiss Army, Nowak, Facebook Google, Brian Nowak, Philipp Schindler, Rajas Moonka

Google flips the switch on its next big money maker: Maps

Google became the world’s most profitable internet company on the back of search advertising. Now, it’s turning another popular web service into a major cash machine. Google Maps is an indispensable part of life for more than 1 billion people, who use it to commute, explore new cities or find a hot new restaurant. The service has been mostly free, and free from ads, since it launched 14 years ago. Interviews with Google executives and customers show this is changing as the internet giant i...
Tags: Google, Amazon, Europe, Advertising, Starbucks, Merkle, Waze, Google Maps, Morgan Stanley, Doordash, Michael Kors, Schindler, Rajan, Dunkin Donuts, Alphabet Inc, Andy Taylor

Snap's AR gamble, Verizon Media pitches advertisers, and 5G confusion

Hello! Welcome to the Advertising and Media Insider newsletter, where we catch you up on all the big stories our team's been working on this past week. If you got this newsletter forwarded, sign up for your own here. If you have tips or feedback, email me at [email protected] Snap has been having popularity problems with users, advertisers, and creators. Its stab at wearables, with Spectacles, was a flop. Last week Tanya Dua attended Snap's first Creators Summit, a big step by the app...
Tags: Google, Verizon, Facebook, Youtube, North Korea, Trends, Comcast, Magic Leap, Hulu, Morgan Stanley, Adam Bain, Whipple, Ott, Don, Kim Jong, Google Apple

Forget Amazon and Google — Apple could bring in $300 billion a year in healthcare, Morgan Stanley says (AAPL)

Apple has been getting into healthcare for years, from the iPhone to the Apple Watch and more. Investors are too focused on healthcare efforts from other tech companies like Amazon and aren't taking Apple's opportunity seriously enough, a new Morgan Stanley report says. The tech giant could build an App Store-like model for healthcare, potentially bringing in $15 billion to $313 billion in revenue by 2027, Morgan Stanley estimates. Read on to find out how. Visit Business Insider's homepage for...
Tags: Apple, Google, Amazon, Microsoft, US, Trends, Healthcare, Tim Cook, Morgan Stanley, Alexa, Aapl, Johnson Johnson, Forget Amazon, Alphabet Amazon Apple, JPMorgan Amazon Berkshire Hathaway

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