Morgan Stanley's stock (NYSE: MS) has gained 2% YTD, as compared to the 14% rise in the S&P500 over the same period. Notably, Morgan Stanley's peer Charles Schwab (NYSE: SCHW) is up 5% over the same period.
Flutter Entertainment has been under pressure following a flurry of negative headlines, but the weakness in the share price is too much suggests JP Morgan which has kept an an upbeat view. Shares in the Fanduel and Betfair owner are down 15% on tax increases, college bets ban, marketing restrictions in the US and some overall weakness within Travel & Leisure.
Cleveland-Cliffs Inc. CLF shares are trading lower after JP Morgan analyst Bill Peterson downgraded the stock from Overweight to Neutral and lowered the price target to $17 (from $23).
Morgan Stanley Chief Executive Ted Pick said the firm continues to navigate an “unusual” environment of higher interest rates and geopolitical uncertainty with an opportunity to grow the firm's core wealth and investment-banking units despite a challenging economy.
The use of artificial intelligence could save Morgan Stanley's financial advisers between 10 to 15 hours a week, the bank's CEO Ted Pick told investors at a conference on Monday.
Morgan Stanley Brokers With Over $100,000 in Deferred Compensation Losses Should Immediately Contact the Law Firm of KlaymanToskes NEW YORK, NY / ACCESSWIRE / June 10, 2024 / National securities attorneys KlaymanToskes continues investigating Morgan Stanley (NYSE:MS) on behalf of former financial advisors following a court decision that determined Morgan Stanley violated ERISA by unlawfully withholding deferred compensation payments to its advisors. All former Morgan Stanley brokers/advisors who have suffered deferred compensation damages in excess of $100,000 should contact KlaymanToskes immediately at 888-997-9956.
Morgan Stanley analysts downgraded AMD (NASDAQ: AMD ) stock today to an “equal weight” rating from an “overweight” rating However, the investment bank maintained a $176 price target on the shares. Morgan Stanley believes that the chipmaker's artificial intelligence (AI) business may not be able to meet the Street's high expectations.
NEW YORK, NY / ACCESSWIRE / June 4, 2024 / Ares Management Corporation (NYSE:ARES) announced today that its Chief Financial Officer, Jarrod Phillips, is scheduled to present at the Morgan Stanley US Financials, Payments & CRE Conference on Tuesday, June 11, 2024 at 10:15am ET. A live audio webcast of the presentation will be available in the Investor Resources section of the Company's website at ir.aresmgmt.com.
LOS ANGELES, CA / ACCESSWIRE / June 4, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Morgan Stanley ("Morgan Stanley" or "the Company") (NYSE:MS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
An online brokerage owned by Morgan Stanley (NYSE:MS) is considering removing infamous meme stock trader Keith Gill, who goes by the moniker Roaring Kitty, due to concerns about potential stock manipulation. GameStop shares flew 75% higher when markets opened on Monday after Gill, who rose to fame in the 2021 meme stock frenzy, posted a supersized GameStop trade on Reddit (NYSE:RDDT) worth around $116 million.
LOS ANGELES, CA / ACCESSWIRE / June 3, 2024 / The Schall Law Firm, a national shareholder rights litigation firm, announces that it is investigating claims on behalf of investors of Morgan Stanley ("Morgan Stanley" or "the Company") (NYSE:MS) for violations of the securities laws. The investigation focuses on whether the Company issued false and/or misleading statements and/or failed to disclose information pertinent to investors.
Morgan Stanley Direct Lending Fund (MSDL) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).