MS plans to exit U.S. options market-making, as faster and tech-driven trading firms reshape the space.
Pop Mart's Hong Kong-listed shares dropped more than 5%, extending their slide from the previous session when they had slumped 5.3%. The high-flying stock is on track for its first negative week since early May — down more than 13%.
Wealth management and asset flows keep growing steadily, despite market volatility. Cost discipline and a strong capital position boost earnings and flexibility. The market still undervalues Morgan Stanley's new business mix.
Kinder Morgan has solid dividend growth prospects for investors concerned about income stability. The midstream platform continues to prioritize its balance sheet deleveraging and grows its core natural gas business. Natural gas demand, driven by Data Centers and U.S. energy needs, underpins Kinder Morgan's strong outlook and risk profile.
Do we now know why Elon Musk has pulled back on the salty rhetoric aimed at his former boss, Donald Trump? Perhaps.
I reiterate my buy rating for Kinder Morgan, as recent revenue growth and capital projects support a positive long-term outlook despite short-term headwinds. Oil prices are currently compressed, but I expect a rebound driven by continued U.S. Strategic Petroleum Reserve refilling and low U.S. crude inventories. KMI's capital expansion project and recent Bakken acquisition position the company well to benefit if/when energy demand and pricing begin to improve.
Over the past month, shares of Morgan Stanley MS, a leading global investment bank, have risen 10.5%. The stock has outperformed the S&P 500 index, the Zacks Finance sector and the industry.
Joseph Moore, Morgan Stanley analyst, joins 'Money Movers' to discuss Nvidia post-earnings and his outlook for the stock.
We initiate MS with a Buy rating and $162 PT, as the market underestimates the durability and scale of the earnings rebound underway. Expect above-consensus FY 2025E/FY 2026E EPS driven by resilient trading, strong capital markets pipelines, and structural wealth management margin expansion. Capital markets cycle is in a 'pause, not delete' phase, setting up for sharp H2 2025 earnings leverage as pipelines unlock and operational momentum accelerates.
MSDL boasts a highly diversified, low-risk portfolio with over 210 loans, minimal concentration risk, and 96% first-lien investments, ensuring portfolio resilience. The company consistently generates strong investment income, supporting a sustainable 10% dividend yield with potential for supplemental distributions. Risks include MSDL's short public track record and sensitivity to falling interest rates, which could reduce payouts by up to 25%.
Morgan Stanley Direct Lending Fund's total return has been flat since IPO, despite dividends being paid as expected. MSDL's share price weakness has occurred due to the shift from premium to discount-to-NAV, driven by insider selling and sector repricing. Current P/NAV of 0.96x offers neither strong upside nor downside for share price return movement.
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.