Morgan Stanley (MS) posted better-than-expected quarterly earnings, powered by higher equities and fixed-income trading revenue.
CNBC's Leslie Picker joins 'Squawk Box' to break down Goldman Sachs and Morgan Stanley's quarterly earnings results.
The strong performance was propelled by higher client activity with notable strength in equity trading.
Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations.
Mike WIlson, Morgan Stanley CIO and chief U.S. equity strategist, joins 'Squawk Box' to discuss on what recent Nvidia news means for tech companies at-large, what to expect from earnings and much more.
KMI and PAGP offer attractive yields from energy infrastructure while issuing a 1099 tax form. I compare them side by side. I share why I think that PAGP is a much more compelling investment opportunity than KMI is right now.
J.P. Morgan Asset Management launched the JPMorgan International Hedged Equity Laddered Overlay ETF (HOLA) on the NYSE Arca today. According to the prospectus, the fund is designed to provide income through a diversified international equity portfolio while hedging overall market exposure.
MS Q2 earnings are likely to have risen y/y on strong trading and higher NII, though underwriting and advisory fees may weigh on results.
KMI is likely to report a Q2 earnings beat on the back of strong gas prices, rising throughput and disciplined cost controls.
Kinder Morgan offers stable, fee-based revenues with 90% decoupled from commodity prices, making it a reliable cash flow generator. Strategic investments in renewable natural gas and hydrogen, plus a robust project backlog, position Kinder Morgan for steady, not explosive growth. In this earnings preview, I want to highlight some possible tailwinds that will benefit Kinder Morgan, one of which could be the result of the US-EU trade talks.
Morgan Stanley's stock fully recovered from the market turmoil, reaching an all-time high with a 36% appreciation in 2024. Consensus expects Q2 revenue of $16.03 billion and EPS of $2.02, reflecting solid YoY growth despite recent downward revisions. Given continued momentum and favorable market conditions, I am upgrading my rating on Morgan Stanley from "hold" to "buy."
Does GS outpace MS with stronger earnings, deeper M&A strength and a more attractive valuation profile? Let us find out.