U.S. stocks have been outperforming international rivals since the Iran conflict began, since the U.S. is a net exporter of oil while major European and Asian competitors require imports.
Morgan Stanley announced Thursday (March 5) that it would reduce its global workforce by about 2,500 employees, or roughly 3% of its total staff, according to reporting from The Wall Street Journal. The reductions are broad in scope, impacting the firm's three primary pillars: investment banking and trading, wealth management, and investment management.
Versant Media Group, Inc. (VSNT) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
MS cuts 3% of global workforce, about 2,500 roles, despite record 2025 revenues, as the bank restructures and shifts resources across key divisions.
Morgan Stanley (NYSE:MS) is set to eliminate 2,500 positions globally as part of a strategic reshaping of its US and international operations, according to reports. The layoffs represent roughly 3% of the bank's workforce and will affect employees across wealth management, investment banking, and investment management divisions.
Chime Financial, Inc. (CHYM) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
CoreWeave, Inc. (CRWV) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
Morgan Stanley is reducing 3% of its global workforce, Business Insider has confirmed. The firm is reducing roles in all three corporate business lines.
The cuts hit the Ted Pick-led lender's investment banking, trading, and wealth management units, the Wall Street Journal reported earlier on Wednesday.
Meta Platforms, Inc. (META) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
Nebius Group N.V. (NBIS) Presents at Morgan Stanley Technology, Media & Telecom Conference 2026 Transcript
JP Morgan has lifted its target price for SEGRO PLC (LSE:SGRO), the FTSE 100 warehouse and logistics property group, from 885p to 915p while reiterating an overweight recommendation, arguing the shares remain one of the best-placed names in European property despite recent market turbulence. The new target implies upside of around 15% from current levels, with the bank citing a more optimistic blue-sky scenario that could deliver 35%.