Phew, that was close. Too close. There was so much fear engendered by the events of the last 72 hours since Silicon Valley Bank collapsed that we’ll have investors who want to sell no matter wha...
Tag: Morgan Stanley
Fintech Brex got billions of dollars in Silicon Valley Bank deposits Thursday
Fintech startup Brex received billions of dollars in deposits from Silicon Valley Bank customers on Thursday, CNBC has learned. The company, itself a high-flying startup, has benefited after venture c...
Morgan Stanley, Charles Schwab, and the Recruiting Move That Went Off the Rails
Morgan Stanley lost a multimillion dollar arbitration case last week involving several parties and which centered on a recruiting move that went off the rails nearly four years ago. To understand how...
Global brands look to boost media investment
IOC executive board member Angela Ruggiero attends the Medal Ceremony on day six of the PyeongChang 2018 Winter Olympic Games at Medal Plaza on February 15, 2018 in Pyeongchang-gun, South Korea. Alexa...
Leylah Fernandez urges athletes to become financially literate
Leylah Annie Fernandez of Canada returns a backhand against Anastasia Pavlyuchenkova of Russia during their singles first round match in the Internazionali BNL D’Italia at Foro Italico on May 09...
Microsoft’s AI Pivot Pays Off
Ai (Photo by Koichi Kamoshida/Getty Images) Getty Images During the last two weeks one of the largest companies in the world transformed into a nimble start-up, and investors rewarded the business wit...
Why Goldman’s Marcus project failed and what it means for CEO Solomon
David Solomon, chief executive officer of Goldman Sachs Group Inc., during an event on the sidelines on day three of the World Economic Forum (WEF) in Davos, Switzerland, on Thursday, Jan. 19, 2023. S...
Wells Fargo boosts digital connection with rich clients
Pedestrians pass a Wells Fargo bank branch in New York, U.S., on Thursday, Jan. 13, 2022. Victor J. Blue | Bloomberg | Getty Images Wells Fargo is unveiling a new platform to boost digital engagement ...
Chinese travelers want luxury travel and hotels, survey shows
Consumers in China plan to pay up when it comes to hotels, a Morgan Stanley survey found in late January. The research points to growing demand for high-end and luxury hotels in China now that the cou...
Wall Street’s frozen market is thawing after stock rally
Traders work on the floor of the New York Stock Exchange on Wall Street in New York City. Angela Weiss | Afp | Getty Images Wall Street just pulled off its biggest IPO in four months, giving bankers h...
Goldman Sachs CEO David Solomon gets 29% pay cut to $25 million
David Solomon, Chairman & CEO of Goldman Sachs, speaking on Squawk Box at the WEF in Davos, Switzerland on Jan. 23rd, 2023. Adam Galica | CNBC Goldman Sachs CEO David Solomon will get a $25 milli...
Bank earnings are in. Wells Fargo, Morgan Stanley still our favorites
With all the major investment and money center banks having now reported fiscal fourth-quarter earnings, we compiled the results to compare how our Club holdings, Wells Fargo (WFC) and Morgan Stanley ...
Morgan Stanley Warns ‘Imminent’ Earnings Recession Will Tank Stocks—But Here’s When The Bear Market Could End
Topline As earnings season kicks off, Morgan Stanley’s investment chief is warning clients that incoming reports will likely disappoint investors, pushing major stock indexes to two-year lows ev...
Push for more stable revenue streams has worked
Morgan Stanley ‘s (MS) multiyear transformation plan has been a success, CEO James Gorman said with pride Thursday — and, as shareholders, we see no reason to disagree. “We’ve steadi...
Goldman Sachs And Morgan Stanley Both Miss Earnings Estimates As Mixed Banking Results Continue
(Photo by Spencer Platt/Getty Images) Getty Images Key Takeaways It’s been a mixed bag for Wall Street this earning season, with some banks beating estimates and some notching major misses Some themes...
Goldman Sachs, Morgan Stanley, Roblox, Alibaba and more
Brendan McDermid | Reuters Check out the companies making headlines in midday trading. Goldman Sachs — Shares of the Wall Street investment bank shed more than 7% after it reported its worst earnings ...
Goldman, Pfizer, Cheesecake Factory, Alibaba and more
A Cheesecake Factory restaurant in Louisville, Kentucky. Andy Lyons | Getty Images Check out the companies making the biggest moves midday: Goldman Sachs — The bank slid more than 2% after reporting e...
Morgan Stanley MS earnings Q4 2022
A screen displays the trading information for Morgan Stanley on the floor of the New York Stock Exchange (NYSE), January 19, 2022. Brendan McDermid | Reuters Morgan Stanley reported fourth-quarter ear...
Goldman Sachs fourth quarter results are coming — what the Street expects
David Solomon, chief executive officer of Goldman Sachs Group Inc., during a Bloomberg Television at the Goldman Sachs Financial Services Conference in New York, US, on Tuesday, Dec. 6, 2022. Michael...
Wait before trading on company earnings
CNBC’s Jim Cramer on Friday warned investors not to make trading decisions fresh off a company’s earnings report. Stocks made a comeback on Friday after falling initially on quarterly earn...
JPMorgan Reports Earnings Friday. Here’s What to Expect.
JPMorgan Chase will be one of the first big banks to report fourth-quarter 2022 financial results on Friday, and Wall Street expects a mixed bag. Revenue at the bank is forecast to swell to $34.5 bill...
Citigroup Reports Earnings Friday. Here’s What Wall Street Expects.
Citigroup is in the midst of a yearslong turnaround. On Friday, Wall Street will see how successful the bank’s efforts have been. Like most of its peers, Citigroup (ticker: C) is expected to post a dr...
JPMorgan Chase (JPM) earnings 4Q 2022
Jamie Dimon, CEO of JPMorgan Chase, testifies during the Senate Banking, Housing, and Urban Affairs Committee hearing titled Annual Oversight of the Nations Largest Banks, in Hart Building on Thursday...
Bank of America Posts Earnings Friday. What Wall Street Expects.
Higher interest rates are expected to drive up Bank of America ‘s fourth-quarter revenue, even as the bank is projected to see a drop in profits. Bank of America (ticker: BAC) is forecast to post reve...
Jim Cramer likes these 5 ‘reasonably’ valued stocks in the S&P 500
CNBC’s Jim Cramer on Wednesday offered investors a list of stocks that he believes could be great additions to portfolios. “We only want … stocks if they’re reasonably valued because...
Oak Street Health, Frontline, Boeing and more
A Boeing 737 MAX 8 sits outside the hangar during a media tour of the Boeing 737 MAX at the Boeing plant in Renton, Washington. Matt Mcknight | Reuters Check out the companies making headlines in prem...
Jim Cramer’s Investing Club meeting Wednesday Oil, Morgan Stanley
Every weekday the CNBC Investing Club with Jim Cramer holds a “Morning Meeting” livestream at 10:20 a.m. ET. Here’s a recap of Wednesday’s key moments. Stay bullish on oil Look...