Latest Morgan Stanley News

UnitedHealth Group, Morgan Stanley rise; PNC Financial, Live Nation fall, Tuesday, 4/16/2024

Apr. 16, 2024 16:13 PM EDT

NEW YORK (AP) — Stocks that traded heavily or had substantial price changes on Tuesday: Intra-Cellular Therapies Inc., up $15.08 to $79.84. The biopharmaceutical company made an encouraging update on its potential treatment for a depressive disorder. ...

Morgan Stanley: Q1 Earnings Snapshot

Apr. 16, 2024 07:39 AM EDT

NEW YORK (AP) — NEW YORK (AP) — Morgan Stanley (MS) on Tuesday reported first-quarter profit of $3.41 billion. The New York-based company said it had earnings of $2.02 per share. The results beat Wall Street expectations. The average estimate of six analysts...

Stock market today: Asian shares trading mixed after Wall Street’s momentum cools

Mar. 25, 2024 23:00 PM EDT

TOKYO (AP) — Asian shares were mixed in muted trading Tuesday, as buying in some markets was soon erased by profit-taking. Japan's benchmark Nikkei 225, where computer chip-related issues had interested investors early, reversed course to slip nearly 0.2% in morning trading to...

Which streamer will target password sharing next? The former HBO Max looks ready to make its play

Mar. 06, 2024 18:10 PM EST

SAN FRANCISCO (AP) — Which streamer will target password sharing next? The former HBO Max appears ready to make its play. Now simply MAX, the Warner Bros. Discovery-owned service will start cracking down on people sharing passwords outside their household “starting later this...

What recession? Professional forecasters raise expectations for US economy in 2024

Feb. 26, 2024 10:45 AM EST

NEW YORK (AP) — This year looks to be a much better one for the U.S. economy than business economists were forecasting just a few months ago, according to a survey released Monday. The economy looks set to grow 2.2% this year after adjusting for inflation, according to the...

Shoppers helped keep the economy out of a recession. Now investors hope for even more

Feb. 15, 2024 08:03 AM EST

NEW YORK (AP) — How much spending power do U.S. shoppers have left? That's the key question as big U.S. retailers get set to report their latest quarterly results. Even when inflation was high, interest rates were shooting upward and worries were rising that a recession seemed...

Stock market today: Big Tech carries Wall Street to another record and winning week

Feb. 02, 2024 17:16 PM EST

NEW YORK (AP) — Big Tech stocks once again carried Wall Street to a record Friday, even though the majority of stocks fell amid worries about the downside of a hot economy. Big gains for Meta Platforms and Amazon helped drive the S&P 500 index up by 1.1% to its latest all-time...