Tag: Morgan Stanley
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Retailer Reformation opens flat in market debut after pricing IPO at $15
Retailer Reformation made its IPO on the New York Stock Exchange on Thursday under the ticker symbol “REF.”
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Amazon on deck to report earnings after the bell with cloud, capex in focus
Amazon projected its 2026 capex will reach $200 billion, and some analysts believe the total could rise in the face of surging artificial intelligence demand.
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Wealth managers face a new challenger: their clients’ AI chatbots
Large language models may give financial advisors a run for their money, but wealth management leaders say the human touch can’t be replaced.
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Shein swings to quarterly loss ahead of Hong Kong IPO
The retailer won approval from China for its Hong Kong listing on July 10, clearing the way for a listing after failed attempts in New York and London.
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Anthropic moves closer to mega-IPO as bankers line up investor meetings
Anthropic is lining up investor meetings ahead of a potential IPO as soon as October as the AI startup behind looks to beat rival OpenAI to the public markets.
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The earnings season has kicked off. Can companies meet the high bar that’s been set?
The corporate earnings season really got underway this week, with all the big banks reporting better-than-expected results across the board.
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Morgan Stanley posts record quarterly revenue and profit as equities trading surges 69%
Like at peers Goldman Sachs and JPMorgan Chase, a massive beat in equities trading drove the quarter’s outsized results.
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The AI boom just found two new winners: Goldman Sachs and JPMorgan Chase
Goldman Sachs and JPMorgan showed that Wall Street is a major beneficiary of the AI boom, with record revenue driven by surging trading and investment banking.
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Apple in talks with startup that shrinks AI models to run on an iPhone
PrismML says its compressed version of Alibaba’s Qwen model uses up to 15 times less memory, potentially advancing Apple’s AI push.
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Big banks poised to report booming revenue propelled by SpaceX IPO, Iran war volatility
Big banks are set to report booming Q2 revenue as the SpaceX IPO, Iran war volatility and a rebound in commercial lending fuel Wall Street’s “sweet spot.”
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