Latest Morgan Stanley News
Modi says India's economy will be among the top three in the world within five years
NEW DELHI (AP) — Prime Minister Narendra Modi said India’s economy will be among the top three in the world within five years, as he marked 76 years of independence from British rule on Tuesday. Wearing a flowing, multi-colored turban, Modi addressed the country from New...
Is that all there is? Big companies' 2nd quarter profit reports earn a big yawn from Wall Street
NEW YORK (AP) — Big U.S. companies are telling investors they earned fatter profits during the spring than feared. All they're getting from Wall Street is a fat yawn. Profits are the lifeblood of the stock market, and prices tend to track their movements over the long term. So it's...
Stock market today: Asian shares are mixed after Wall St logs 15-month high close on AI hopes
BANGKOK (AP) — Asian shares were mixed on Wednesday after Wall Street’s frenzy around artificial intelligence and stronger-than-expected profit reports from big financial companies helped pushed U.S. stocks to their best level in more than 15 months. Shanghai and Hong Kong fell...
Bank of America 2Q net income jumps 19%, extending the rally for big banks
Bank of America said its profits grew 19% in its most recent quarter, the latest of the big banks to see its bottom line boosted by higher interest rates. The nation’s second-largest bank by assets said Tuesday that it posted a profit of $7.4 billion in the three months ended June...
Morgan Stanley: Q2 Earnings Snapshot
NEW YORK (AP) — NEW YORK (AP) — Morgan Stanley (MS) on Tuesday reported second-quarter earnings of $2.18 billion. The company, based in New York, said it had earnings of $1.24 per share. Earnings, adjusted for severance costs, were $1.39 per share. The results...
