This week the annual Worldwide Developers Conference gets underway in California, where it is expected that the technology giant Apple will introduce the market to a number of new products in its portfolio. Among the expectations of new electronic dubbing gadgets and new software among existing products, it is also predicted that Apple will show … Read more
pte20230504004 Company/economy, trade/services Slump in IPOs, debt securities and mergers forces Wall Street to cut jobs significantly Morgan Stanley: Institute has to cut many jobs (Photo: unsplash.com, Sven Piper) New York (pte004/04.05.2023/06:15) – The sharp drop in IPOs, debt securities and mergers is forcing major Wall Street banking institutions to make significant job cuts. After … Read more
HSBC, Europe’s largest bank, is facing renewed pressure from its biggest shareholder, Ping An, a Chinese insurer, to restructure its business by spinning off its Asia business. However, despite the noise, Morgan Stanley remains bullish and is calling HSBC its “top pick” in the sector. According to the bank’s analysts, led by Nick Lord, HSBC’s … Read more
The S&P 500 rose slightly on Wednesday, as Wall Street closely monitored the latest round of corporate earnings reports. Investors remained cautiously optimistic as major companies continued to release quarterly figures, with some showing signs of a strong recovery from the pandemic. This live update article provides real-time coverage of the market movements and highlights … Read more
NEW YORK The leading index Dow Jones Industrial shook off initial losses and recently rose by 0.21 percent to 31,940.38 points. The other indices presented themselves even stronger: The market-wide S&P 500 rose by 0.70 percent to 3919.10 points and the technology-heavy Nasdaq 100 by 1.31 percent to 12,411.57 points. Shortly before the start of … Read more
Main economy Tuesday, February 28, 2023 – 2:18 pm Sanaa Mustafa Morgan Stanley announced the disappearance of expectations for the Federal Reserve to cut interest rates this year, Stanley attributed this to a group of economic data announced in recent weeks. The American Investment Bank also expects that the first US rate cut will take … Read more
Morgan Stanley chief strategist for US equities, Mike Wilson, tells CNBC that we are nearing the end of the bear market. “I think we are in the final stage, but the final stage can be very challenging. Now there is a more two-way risk. And I think we’ll be in that two-way risk through the … Read more
Morgan Stanley – US investment bank Morgan Stanley expects the US dollar to continue to grow strongly through the end of this year, reaching the dollar index at 118 points at the end of the year. Morgan Stanley attributed the reasons behind his high expectations for the dollar index to the fact that the dollar … Read more
The fintech strongholds of New York, San Francisco and London So significantly this calendar year extra have been invested in New York than in London and San Francisco. – (Picture: Thomas Berger, Unsplash, dpa, PR) – – – – New York A slide in the downstairs offices, a dart board, a candy bar, and a … Read more
– Don’t get too excited that inflation has potentially peaked, said Lisa Shalett, chief investment officer at Morgan Stanley Wealth Management, in an interview on the podcast “What Goes Up” earlier this weekafter the consumer price index cooled slightly in July. She was there to talk about the brokerage house’s cautious attitude to the turbulent … Read more