August 24, 2022, 9:55AM EDT • 2 min read Quick Take 28 out of the top 100 publicly traded firms ranked by Forbes have at least one crypto/blockchain investment since 2021 SoftBank and Samsung have the...
Tag: Morgan Stanley
Morgan Stanley’s Kathy Roeser: Prepping for the Next Bull Market
Morgan Stanley advisor Kathy Roeser has found herself using the word “cloud” quite a bit this year, as in the cloud that’s been hanging over the economy and markets. While acknowledging the gloom, she...
Morgan Stanley job posting points to wide-ranging crypto plans
The position, posted on August 1, is to join the Investment Solutions Product Development team, which offers a wide-range of services that “support” more than $900 billion in assets under ...
Market jump after Fed hike is ‘trap,’ Morgan Stanley warns investors
Morgan Stanley is urging investors to resist putting their money to work in stocks despite the market’s post-Fed-decision jump. Mike Wilson, the firm’s chief U.S. equity strategist and chi...
5 Big Banks With A Bright Future
In this Tuesday, Jan. 18, 2011, photo, a Morgan Stanley billboard is displayed in Times Square, New … [+] York. Morgan Stanley said Thursday, July 19, 2012, its revenue fell sharply in the secon...
Sesame Solar is selling clean-energy nanogrids for disasters
Michigan-based startup Sesame Solar is producing what it deems the world’s first fully-renewable mobile nanogrid for natural disaster relief. Its units can be used as mobile communications and c...
IBM, NCR, Cinemark and more
Take a look at some of the biggest movers in the premarket: IBM (IBM) – IBM slid 5.9% in premarket action despite beating top and bottom line estimates for the second quarter. IBM warned of a $3.5 bil...
Goldman Sachs (GS) 2Q 2022 earnings
David Solomon, CEO, Goldman Sachs, speaking at the World Economic Forum in Davos, Switzerland, Jan. 23, 2020. Adam Galacia | CNBC Goldman Sachs is scheduled to report second-quarter earnings before th...
Bank of America (BAC) 2Q 2022 earnings
Bank Of America CEO Brian Moynihan is interviewed by Jack Otter during “Barron’s Roundtable” at Fox Business Network Studios on January 09, 2020 in New York City. John Lamparski | Ge...
Stock futures inch higher ahead of a busy week of earnings
U.S. stock index futures were modestly higher during overnight trading Sunday as Wall Street looks ahead to a busy week of earnings. Futures contracts tied to the Dow Jones Industrial Average added 0....
JP Morgan, Other Banks Are Strong Financially. Why Earnings Don’t Reflect It.
Text size Wells Fargo added $8.4 billion to reserves in the second quarter of 2020, released $1.6 billion a year later, and added $580 million in the most recent quarter. Michael M. Santiago/Getty Ima...
Citigroup (C) 2Q 2022 earnings
Jane Fraser, CEO of Citi, says she is convinced Europe will fall into recession as it faces the impact of the war in Ukraine and the resultant energy crisis. Patrick T. Fallon | AFP | Getty Images Cit...
Wells Fargo (WFC) 2Q 2022 earnings
Charles Scharf Qilai Shen | Bloomberg | Getty Images Wells Fargo said Friday that second-quarter profit declined 48% from a year earlier as the firm set aside funds for bad loans. Here are the numbers...
Stock futures rise slightly as Wall Street awaits more bank earnings
Traders work on the floor of the New York Stock Exchange (NYSE) in New York City, U.S., June 30, 2022. Brendan Mcdermid | Reuters U.S. stock futures rose slightly Thursday night after the Dow Jones I...
Jamie Dimon rips Fed stress test as ‘terrible way to run’ financial system
Jamie Dimon, CEO of JP Morgan Chase, speaking at the Business Roundtable CEO Innovation Summit in Washington, D.C. on Dec. 6th, 2018. Janvhi Bhojwani | CNBC JPMorgan Chase CEO Jamie Dimon didn’...
JPMorgan Chase, Goldman Sachs, Conagra Brands and more
Pedestrians pass in front of a JPMorgan & Chase bank branch automated teller machine (ATM) kiosk in downtown Chicago, Illinois. Christopher Dilts | Bloomberg | Getty Images Check out the companies...
JPMorgan (JPM) 2Q 2022 earnings miss
JPMorgan Chase said Thursday that second-quarter profit slumped as the bank built reserves for bad loans by $428 million and suspended share buybacks. The actions reflect Chairman and CEO Jamie Dimon&...
Dow Plunges 600 Points After ‘Underwhelming’ JPMorgan, Morgan Stanley Earnings As Investors Fear Even Bigger Rate Hikes
Topline The stock market plunged on Thursday as several big banks kicked off earrings season with disappointing results and warnings about the economy, while investors continue to worry that surging i...
Morgan Stanley (MS) 2Q 2022 earnings miss
Morgan Stanley posted second-quarter results on Thursday that were below analysts’ expectations, hurt by weaker-than-expected investment banking revenue. Here’s what the company reported c...
JPMorgan, Taiwan Semiconductor, Ericsson and more
Check out the companies making headlines before the bell: JPMorgan Chase (JPM) – JPMorgan Chase was down 2.9% in premarket trading after falling 12 cents shy of estimates with a quarterly profit of $2...
JPMorgan Earnings Are Coming. What to Expect.
Text size Analysts expect JPMorgan Chase’s earnings to drop nearly 25% year over year. David Paul Morris/Bloomberg Another bank earnings season is upon us. JPMorgan Chase will step up to the pla...
Stock futures slip after Wednesday’s session as Wall Street awaits bank earnings
A trader works on the floor of the New York Stock Exchange (NYSE) in New York City, July 13, 2022. Brendan McDermid | Reuters Stock futures slipped Wednesday night as traders look ahead to earnings fr...
Jim Cramer says the market could see ‘pleasant surprises’ going forward
CNBC’s Jim Cramer on Monday said that most of the sellers have already left the market, which means that the turbulence in stocks could ease up. “To me, this mad scramble to get out ahead ...
U.S. Dollar’s ‘Extreme’ Rally Threatens To Tank Stocks And Spark ‘Major’ Market Stress In Coming Weeks
Topline Despite soaring inflation pushing its buying power down domestically, the U.S. dollar has posted a staggering rally this year, and while that’s good news for Americans traveling abroad, ...
Earnings Season Won’t Make or Break the Stock Market
Text size Investors will get the first earnings news from the big banks, which start reporting on July 14. Chris Ratcliffe/Bloomberg Earnings season is about to begin, and that means the stock market ...
JPMorgan, Delta, Morgan Stanley, TSMC, and Other Stocks for Investors to Watch This Week
Text size Second-quarter earnings season is here. More than a dozen S&P 500 firms report this week, including several major banks. JPMorgan Chase and Morgan Stanley go first on Thursday, followed ...
Stock Outlook Brightens as Jobs Stay Strong, Commodities Prices Decline
Text size The jobless rate held steady at 3.6% in June. Above, looking for work at a job fair in Florida. Joe Raedle/Getty Images The economy looks resilient, and inflation is coming down. That combin...