Posts filtered by tags: Morgan Stanley[x]


 

Lessons from Turkey to SA: Economic independence is a battle

Without tighter capital controls, regulating the flow of money in and out of their economies, Turkey and South Africa are vulnerable to the whims of the financial markets The post Lessons from Turkey to SA: Economic independence is a battle appeared first on The Mail & Guardian.
Tags: Business, Interest Rates, Turkey, South Africa, Chile, Brazil, Recep Tayyip Erdogan, Morgan Stanley, Monetary Policy Committee, Monetary Policy, South African Reserve Bank, Main, James Lord, Patrick Bond, Top Six, S&P Global


Companies are pocketing their fattest profits in more than 70 years, even as they complain about inflation

A sign showing gas prices at a station in San Diego, California, on November 9, 2021.Mike Blake/Reuters Inflation is higher than it's been in 30 years, but corporate profits are soaring the most since 1950. Companies aren't just raising prices enough to cover costs, they're padding their margins on top. The ability to charge more is making some employers more comfortable with paying higher wages. For the last several months, corporate executives have been loudly lamenting the risi...
Tags: News, Digital, US, Trends, Bloomberg, Joe Biden, Economy, Retail, Inflation, Biden, Morgan Stanley, Prices, San Diego California, US Commerce Department, Mike Blake, Reuters Inflation


10 things before the opening bell

Mario Tama/Getty Images Welcome to 10 Things Before the Opening Bell.If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go – click here for iOS and here for Android.Let's jump in. 1. Cathie Wood is buying the metaverse hype. Notch up superstar investor Wood as the latest big name to call out virtual worlds as an opportunity set to sky-rocket.In a CNBC interview, the Ark Invest boss agreed the metaverse will be a multitrillion-dollar market, echoing...
Tags: Congress, US, Trends, Bank Of America, Opec, Morgan Stanley, Wood, Coinbase, Cnbc, Cohen, NFT, Ray Dalio, FTX, Bridgewater Associates, LPL, Mario Tama Getty


Open Mortgage Adds President Position, Appoints Industry Veteran

Multi-channel mortgage and top reverse mortgage lender Open Mortgage announced on Wednesday the creation of the president role in its corporate leadership structure, naming mortgage and reverse mortgage industry veteran Joe Stephenson to the position. Stephenson will assume his duties as president of the company beginning on December 6. The selection of Stephenson to serve in the new role reportedly came after a long search, and is said to allow the company’s founder to pursue other growth-re...
Tags: Featured, Finance, Bank Of America, Morgan Stanley, Gordon, Stephenson, Scott Gordon, Lenders, HECM, RMI, American Advisors Group, AAG, American Advisors Group AAG, Open Mortgage, Joe Stephenson


It's time for corporate profits to return to the '90s so companies can make up for decades of underpaying workers, Morgan Stanley says

Lucy Nicholson/Reuters Workers' share of corporate revenues has fallen for two decades to the benefit of owners and investors. The labor shortage is closing that gap, and companies will have to shift cash from profits to pay, the bank said. That means the end of corporate excess and a return to profit margins seen in the 1990s. Morgan Stanley says it's time for corporations to roll back their profit margins to where they were about thirty years ago — all in the name of worker power. T...
Tags: US, Trends, Workers, Federal Reserve, Morgan Stanley, Lucy Nicholson, Reuters Workers, Ellen Zentner, Jason Lalljee Ben Winck


An FDA expert panel narrowly supports the first COVID-19 pill but suggests restrictions on its use driven by safety concerns

Molnupiravir is an experimental oral antiviral developed by Merck and Ridgeback Biotherapeutics that could treat COVID-19Merck The first COVID-19 pill is closer to reality, as an FDA panel voted in favor on Tuesday.  But the group also recommended limiting its use to people at high risk of severe disease.  Merck's drug reduced hospitalizations and deaths by 30% compared to a placebo.  A pill to treat COVID-19 just got closer to reality, as the Food and Drug Administration's expert pan...
Tags: US, Trends, Merck, Food And Drug Administration, Miami, Fda, Pfizer, Morgan Stanley, Yale University, University of California Riverside, Cowen, David Eastman, University of Utah Health, SVB Leerink, Ridgeback Biotherapeutics, Molnupiravir


Adagio Therapeutics extends 3-day gain to 319% on hopes that its antiviral can treat the Omicron variant

A stock trader claps at the end of trade at the New York Stock Exchange.EMMANUEL DUNAND/AFP via Getty Images Adagio Therapeutics stock is up as much as 319% since the Omicron variant of COVID-19 was identified last week.Adagio said it believes its antibody drug candidate, ADG20, will be effective against the new strain. The company is anticipating emergency use authorization for its drug in the second half of 2022.Adagio Therapeutics stock soared as much as 68% on Tuesday, extending its three-...
Tags: Finance, Trends, Markets, Trading, Fda, Stock Market, Morgan Stanley, Financial Times, Adagio, Waltham, Laura Walker, Matthew Fox, Moderna, Matthew Harrison, Stéphane Bancel, Tillman Gerngross


Ford is on track to sell more electric cars than GM this year as the two giants scramble to catch up with Tesla

2021 Ford Mustang Mach-E.Tim Levin/Insider Ford is on track to sell more electric cars in the US this year than its biggest rival, GM.  Ford's Mustang Mach-E SUV has sold well, while GM had to stop building its Chevy Bolt EV and EUV.  Morgan Stanley expects that GM will beat Ford in EV sales over the long run.  Both Ford and General Motors are serious about beating Tesla at its own game, each promising to dump billions of dollars into developing electric models over the next several years...
Tags: US, Trends, General Motors, Tesla, Ford, Gm, Morgan Stanley, Chevy Bolt Ev, Chevrolet Bolt EV, GM Ford, Blue Oval, Mustang Mach, GMC Hummer EV, Tim Levin, GM Morgan Stanley, Ford Mustang Mach E Tim Levin Insider Ford


10 things before the opening bell

Twitter permanently suspended the account of Alex Berenson for violating its COVID-19 misinformation policies.Matt Rourke/AP Welcome to 10 Things Before the Opening Bell.If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go – click here for iOS and here for Android.Let's jump in. 1. Dorsey's departure sends Twitter stock on a rollercoaster ride. Twitter stock whipsawed Monday as word of CEO Jack Dorsey's resignation filtered out and then go...
Tags: Twitter, Trends, Opec, Delta, Ubs, Square, Crypto, Andreessen Horowitz, Salesforce, Jack Dorsey, Morgan Stanley, General Electric, Dorsey, Jpmorgan, Michael Burry, NFT


Morgan Stanley cuts Q1 2022 Brent oil forecast on Omicron risks | Reuters

Morgan Stanley cuts Q1 2022 Brent oil forecast on Omicron risks | ReutersMorgan Stanley on Monday cut its first quarter 2022 Brent crude price forecast to $82.50 per barrel from $95 on market expectations that the Omicron coronavirus variant could turn into a major headwind for oil demand.The market appears to be pricing in the possibility that the new variant could prompt restrictions and cut oil demand, amid expectations of oversupply driven by planned release from the Strategic Petroleum Rese...
Tags: Travel, Opec, Morgan Stanley, Reuters, Organization of the Petroleum Exporting Countries, Strategic Petroleum Reserve, Rupert Neil Bumfrey, ReutersMorgan Stanley


Wall Street's verdict is in: the US economy is booming again

Company earnings have consistently beaten Wall Street estimates in the second quarter.JOHANNES EISELE/Getty Images A wave of positive economic data led JPMorgan and Morgan Stanley to boost their growth forecasts Wednesday. The Atlanta Fed's growth tool also improved, hitting Q4 growth will be the strongest since Q3 2020. The estimates suggest the US economy is booming as hiring rebounds and Americans spend big for the holidays. The 2021 recovery is going out with a bang.Economists were fl...
Tags: Congress, US, Trends, Joe Biden, Delta, Treasury, Janet Yellen, Morgan Stanley, University Of Michigan, Jpmorgan, Johannes Eisele Getty, Atlanta Fed, Federal Reserve Bank of Atlanta, Michael Feroli, Richard Curtin, Ben Winck


Survey Shows Europeans Not Done Quitting Jobs

Quit a day job to do TikTok full-time? Why not, say some Europeans. From a report: About one in 10 are considering leaving their main job in the next six months and instead earning money from social media, e-commerce or trading platforms, according to a Morgan Stanley poll of 12,500 people. "The received wisdom is that as Covid subsides, and with modest extra flexibility from employers, the majority of people will re-embrace their prior routines," a team of Morgan Stanley economists and equity a...
Tags: Europe, Tech, Morgan Stanley


Feuding CEOs aside, JPMorgan's analysts are highly bearish on Tesla. They see the stock falling 77% over the next year.

Tesla boss Elon Musk has overseen a huge rise in the company's stock price.Frederic J. Brown/Getty Images Disagreements between Tesla and JPMorgan have sprung out into the open over the last two weeks. But feuding CEOs aside, JPMorgan's analysts have long been some of the most pessimistic voices on Tesla stock. The Wall Street titan's research unit thinks Tesla shares should be 77% lower in 12 months' time and gives an "underweight" rating. Disagreements between JPMorgan and T...
Tags: Elon Musk, US, Trends, Tesla, Bloomberg, Goldman Sachs, Morgan Stanley, Jefferies, Jpmorgan, Oppenheimer, Michael Burry, Brinkman, Tesla Tesla, Harry Robertson, Ryan Brinkman, Frederic J Brown Getty


Facebook is the most obvious stock to gain exposure to the metaverse, but here are 4 others that are set to benefit from the Web3 revolution

Logo Meta outside Facebook headquarters in Menlo Park, California.Liu Guanguan/China News Service via Getty Images Metaverse, the buzzy new concept billed as the future of the internet, is a big market opportunity. Facebook is the "most obvious" stock for investors who want exposure, according Morgan Stanley. They named four other stocks that stand to benefit from the metaverse revolution.  Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Facebook's rebrand to Met...
Tags: Google, Facebook, US, Trends, Meta, Morgan Stanley, Menlo Park California, Morgan Stanley They, Roblox, Brian Nowak, Unity Software, Isabelle Lee, Opening Bell Facebook, Liu Guanguan China News Service, Getty Images Metaverse


Here's what 14 top executives are saying about the 'metaverse'

Getty Images Tech leaders are increasingly using the vague term "metaverse" in earnings calls with investors.  Many are following the lead of Meta, who announced it would be focusing on building the metaverse. Executives had different expectations for what the "metaverse" will be when questioned in earnings calls. The "metaverse" has become a hot topic for executives, analysts, and investors alike, being mentioned in the earnings calls of more than 15 companies in the past few months alone. A...
Tags: Facebook, Mark Zuckerberg, Technology, News, Microsoft, Satya Nadella, Disney, Trends, Read, Innovation, Meta, Morgan Stanley, Sap, Blockchain, Zuckerberg, Walt Disney Co


Top Stories: Apple Self Service Repair, iOS 15.1.1 Released, and More

The biggest news item this week was Apple's announcement of an upcoming Self Service Repair program that will allow users to obtain parts, tools, and manuals directly from Apple in a win for the Right to Repair movement. That certainly wasn't the only news this week, with Apple also releasing iOS 15.1.1 for iPhone 12 and 13 users while continuing work on iOS 15.2 and other upcoming updates, and fresh rumors about the Apple's car and AR headset projects. Black Friday is also right around the c...
Tags: Apple, Featured, Walmart, Top Stories, Morgan Stanley, Ming Chi Kuo, Apple Watch Apple, Bloomberg Apple, Right To Repair, MacRumors Newsletter Each, Models Apple


UBS Picks Former Morgan Stanley President Kelleher as Chairman

ZURICH (Reuters) -Swiss bank UBS on Saturday named former Morgan Stanley President Colm Kelleher as its surprise pick to succeed Axel Weber as its...
Tags: Morgan Stanley, Zurich, Axel Weber, Colm Kelleher, Kelleher, Reuters Swiss bank UBS, UBS Picks Former Morgan Stanley


US futures trade mixed after stocks hit record highs, while bitcoin continues to slide

A strong earnings season has boosted optimism on Wall Street.JOHANNES EISELE/Getty Images US futures were trading mixed on Friday, after stocks rose to close at record highs the prior day. Equities have stayed remarkably strong despite soaring inflation, with economic data lifting investors' spirits. Yet cryptocurrencies have taken a tumble in recent days, after a breakneck rally. US stock futures were mixed Friday after the S&P 500 and Nasdaq hit record highs the previous day, as investo...
Tags: Europe, Japan, Washington, China, Global, US, Trends, Joe Biden, Beijing, Austria, House, Nvidia, US Treasury, Federal Reserve, Biden, Morgan Stanley


Rapper Snoop Dogg and producer Deadmau5 are planning to invest in the metaverse

Snoop Dogg.Noam Galai/Getty Images for SiriusXM Snoop Dogg and Deadmau5 are planning to invest in the metaverse by joining Outlier Ventures, a venture capital firm. As strategic members, they will invest in, advise, and collaborate with startups. Other new members include Sandbox co-founder Sebastien Borget and Polygon Network founder Sandeep Nailwal. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. American rap artist Snoop Dogg and Canadian producer Deadmau5 are pla...
Tags: Facebook, London, Trends, Silicon Valley, Morgan Stanley, Snoop Dogg, Jamie Burke, Sandbox, Outlier Ventures, Isabelle Lee, Sandeep Nailwal, Meta Platforms, Snoop Dogg Noam Galai Getty, Sebastien Borget, Polygon Network, Sandeep Nailwal Sign


TIME Magazine will hold ether on its balance sheet as part of a deal for a metaverse newsletter with Galaxy Digital

Time Magazine.Getty Images TIME Magazine will buy ether and produce metaverse-related content under a partnership with Galaxy Digital.  The 98-year-old publication will add the cryptocurrency to its holdings for the first time TIME will also launch a metaverse-themed newsletter and a TIME 100 Companies list. TIME Magazine will buy ether and produce metaverse-related content under a new partnership with crypto investment management firm Galaxy Digital.The 98-year-old publication will add the c...
Tags: Facebook, Microsoft, Trends, Time Magazine, Morgan Stanley, Coindesk, Mike Novogratz, Phil Rosen, Galaxy Digital, Meta Platforms, Time Magazine Getty Images TIME Magazine, Founder of Galaxy Digital


10 things before the opening bell

Walmart vs. Target.Jessica Kirsh & HappyCreator/Shutterstock Welcome to 10 Things Before the Opening Bell.If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go – click here for iOS and here for Android.Let's jump in. 1. Big-box retailers are doing just fine. Retail giants Target and Walmart posted strong earnings beats despite inflation and supply-chain snags that have crippled many businesses nationwide. Deep pockets have allowed both companies to...
Tags: US, America, Trends, Tesla, Walmart, Alibaba, Warren Buffett, Goldman Sachs, Morgan Stanley, Berkshire, Brian Cornell, Himalaya, Yellen, NFT, Los Angeles Staples Center, Phil Rosen


Luxury NFTs could become a $56 billion market by 2030 and could see 'dramatically' increased demand thanks to the metaverse, Morgan Stanley says

Getty Images Luxury NFTs could become a $56 billion market by 2030, Morgan Stanley said. These high-end tokens could "dramatically" increase in demand thanks to the metaverse. The bank gave examples of how luxury brands are already slowly entering the digital asset space.  Sign up here for our daily newsletter, 10 Things Before the Opening Bell. Luxury-branded non-fungible tokens could become a $56 billion market by 2030 and could see "dramatically" increased demand thanks to the metaverse, ...
Tags: Trends, Morgan Stanley, Gucci, Balenciaga, Edward Stanley, Roblox, Isabelle Lee, Opening Bell Luxury


Apple AR Headset 'Approaching Liftoff' as Development Mirrors Period Before Apple Watch Launch

Apple's development of its rumored augmented reality (AR) headset is beginning to mirror the period before the launch of the Apple Watch, according to Morgan Stanley analysts. In a note to investors, seen by Investor's Business Daily, Morgan Stanley analysts explained that after years of building expertise and a number of setbacks, Apple's long-awaited AR headset is "approaching liftoff." This is evidenced by the fact that Apple's AR project is purportedly beginning to match the development o...
Tags: Apple, Apple Watch, Morgan Stanley, Ming Chi Kuo, AR/VR, Business Daily Morgan Stanley, Morgan Stanley Related Forum


Tesla has shed around $200 billion in market value since Elon Musk starting dumping stock

Tesla CEO Elon Musk has sold $7.8 billion of the company's stock in recent days.Maja Hitij/Getty Images Tesla's market capitalization has fallen around $200 billion since Elon Musk started selling stock over a week ago. That's roughly the entire value of some of the US' biggest companies, such as Morgan Stanley. Musk has now sold around $7.8 billion worth of stock – and kicked up some Twitter storms on the way. Tesla has lost around $200 billion in market value since its chief...
Tags: Elon Musk, London, US, Trends, Tesla, Gm, Morgan Stanley, Blackstone, Bernie Sanders, Musk, Tesla CEO Elon Musk, Chris Beauchamp, Musk Tesla, OANDA, Harry Robertson, Maja Hitij Getty Images Tesla


10 things before the opening bell

Sentiment was bullish on Wall Street on Thursday after the inflation data.Anadolu Agency/Getty Images Welcome to 10 Things Before the Opening Bell.If this was forwarded to you, sign up here. Plus, download Insider's app for news on the go – click here for iOS and here for Android.Plus, join us for an exclusive Insider webinar on November 17: The future of crypto and its path to mass adoption. Sign up here.Let's jump in. 1. Markets are up, but Americans are feeling down. Even though sto...
Tags: Twitter, Elon Musk, China, US, Trends, Tesla, Bank Of America, Michigan, Biden, Morgan Stanley, Jefferies, Bernie Sanders, Musk, Fed, FHA, Aramark


US stocks edge lower as investors eye impact of inflation on corporate earnings

Traders work on the floor of the New York Stock ExchangeAndrew Burton/Getty Images US stocks slipped as investors eyed the impact of rising inflation on corporate earnings. Investors will be watching Tuesday's retail sales report from the Commerce Department. The yield on 10-year Treasury rose to 1.627% on Monday. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. US stocks slipped on Monday, with investors weighing the impact of inflation on future earnings and whe...
Tags: Spacex, Elon Musk, US, Trends, Tesla, Walmart, Bloomberg, Treasury, Federal Reserve, Biden, Morgan Stanley, Equities, Fed, Moya, Commerce Department, Solana


The S&P 500 could drop 6% next year and investors will find better returns in European and Japanese stocks, Morgan Stanley says

Brendan McDermid/Reuters The S&P 500 is up 25% in 2021 but it's likely to decline from record highs to 4,400 in 2022, said Morgan Stanley on Monday.  Earnings growth of 45% has helped pull the benchmark above 4,700, but the expansion is set to slow next year and in 2023.  Morgan Stanley's stock market outlook is instead more bullish on European and Japanese equities.  The S&P 500 is on course to deliver double-digit returns in 2021 but the benchmark is likely to pull back next year as...
Tags: Europe, America, Trends, Markets, Morgan Stanley, S&P 500, Wilson, Brendan Mcdermid, Mike Wilson, Carla Mozee, MI Exclusive, Stock Market Outlook 2022, Stock Market 2022, S&P 500 2022 price target


Morgan Stanley Sets End-2022 S&P 500 Target at 4,400

By Chuck MikolajczakNEW YORK (Reuters) - Morgan Stanley analysts see the S&P 500 moving lower in 2022, with equity markets more volatile as...
Tags: Morgan Stanley, Reuters Morgan Stanley, Chuck MikolajczakNEW


UK fast-fashion giant Primark, described as the Costco for clothes, is plotting rapid US expansion and wooing shoppers with rock-bottom prices

Primark is known for its cheap clothing and accessories. Business Insider/Mary Hanbury Discount clothing chain Primark plans to open nearly 50 stores in the US in the next five years. The chain is known for its rock-bottom prices, made possible by keeping business costs down. This includes not having an online store and keeping advertising to a minimum. Primark has already invaded Europe and now it has set its sights on the United States. A Primark store in London. Belinda Jiao/S...
Tags: Europe, UK, London, France, US, Trends, Chicago, United States, Ireland, New Jersey, Bangladesh, Morgan Stanley, Rana Plaza, Primark, Associated British Foods, Costco


The metaverse is the next big investment theme and some stock sectors are already benefitting, Morgan Stanley says

Getty Images The metaverse is the next big investment theme, Morgan Stanley said in a note Thursday. Some stock sectors are already benefitting from it, such as gaming. "It can fundamentally change the medium through which we socialize with others," the note said. Sign up here for our daily newsletter, 10 Things Before the Opening Bell. The metaverse is the next big investment theme and some stock sectors are already benefitting from it, Morgan Stanley said in a note Thursday.Metaverse -...
Tags: Facebook, South Korea, Microsoft, China, US, Trends, Morgan Stanley, Stanley, Edward Stanley, Roblox, Isabelle Lee, Meta Platforms, Below Morgan Stanley, Morgan Stanley Research Newsflow