The recent crypto winter has affected miners negatively to the extent that many sold off their Bitcoin and other crypto holdings. In addition, many of these miners could not even pay their loans since...
Tag: Morgan
Qualcomm Is a Top Stock Pick on Valuation, Says J.P. Morgan
Text size Qualcomm headquarters in San Diego. Bing Guan/Bloomberg J.P. Morgan believes semiconductor company Qualcomm is getting too cheap to ignore. On Thursday, analyst Samik Chatterjee reiterated h...
Morgan Stanley Misuse of Personal Devices Costs $200 Million
(Bloomberg) — Morgan Stanley said it expects to pay a $200 million fine related to a broad US investigation into the use of unapproved personal devices. Most Read from Bloomberg That amount is b...
JPM Stock, Morgan Stanley Dive After Missing Q2 Views
JPMorgan (JPM) and Morgan Stanley (MS) reported second quarter financial results before market open Thursday that were well below analyst expectations. JPM stock dropped nearly 5% after the opening be...
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...
Bitcoin Production Cost Dropped To $13K, Says JP Morgan. What Does This Mean for BTC Price?
Since reaching a peak of around $69,000 in November, Bitcoin has had trouble. From the Federal Reserve raising interest rates to fight inflation to the cryptocurrency industry experiencing high-profil...
J.P. Morgan Bullish on Amazon Stock Ahead of Prime Day
The Q2 Earnings season might be kicking into action, but before Amazon (AMZN) delivers the quarter’s financial report, it has another big event to attend to. This week, the ecommerce giant’s annual sh...
Morgan Stanley Says Stock Rally to Wane as Dollar Soars
(Bloomberg) — One of Wall Street’s most vocal bears is growling again, this time because of dollar strength. Most Read from Bloomberg The “extreme” rally in the greenback over the past year typi...
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 ...
“Bear market will end soon”, J.P. Morgan predicted when BTC hits bottom
The crypto market appears to be at its lowest for 2022, when the bear seems to never end. However, JP Morgan’s Nikolaos Panigirtzoglou claimed that the recent liquidity crisis in the cryptocurrency ma...
Want to Hide Out in Tech? Buy IBM Stock, Morgan Stanley Says.
Text size IBM stock has outperformed the broader market this year. Andreas Arnold/Bloomberg One of the best-performing tech stocks in 2022 has been IBM , as the company continues to show progress on a...
Crypto Recovery Might Be On Its Way: JP Morgan Chase
Per a report from BNN Bloomberg, strategists from JPMorgan have noted that the ongoing crypto crisis or deleveraging has hit an advanced stage and recovery might be on the way. Firms with higher lever...
“Bear Market Will End Soon”, J.P. Morgan Predicted When BTC Hits Bottom & Rebounds
The crypto market appears to be at its lowest for 2022, when the bear seems to never end. However, JP Morgan’s Nikolaos Panigirtzoglou claimed that the recent liquidity crisis in the cryptocurrency ma...
Trio of JP Morgan Execs Leave For Crypto Jobs
Even as crypto firms shed workers and seek bankruptcy protection in a brutal market downturn, executives from traditional finance are still heeding the siren song of Web3. Former JP Morgan executives ...
Morgan Stanley Says US Growth Slowdown Worse Than Expected
(Bloomberg) — The US economy is firmly in the middle of a slowdown that’s turning out to be worse than expected amid the war in Ukraine and China’s Covid Zero policy, according to Morgan Stanley...
Liv Morgan Wins Women’s MITB
WWE Women’s Money in the Bank 2022. Credit: WWE Liv Morgan won the women’s Money in the Bank Ladder Match, setting the stage for her first championship win. The women’s Money in the Bank f...
Near-Term Headwinds Won’t Derail the Bull-Case, Says J.P. Morgan
The uncertain macro environment demands constant reassessment around companies’ anticipated performance. Coming off the back of J.P. Morgan’s recent Energy, Power and Renewables Conference, firm analy...
Morgan Creek’s Leaked Call About Their Potential Heavy Funding
Morgan Creek’s plan was to rapidly assemble an equity offer, against which the company would return 250 million dollars. “I’ve been making calls all day,”- These were the words audible allegedly spoke...
2 Big Dividend Stocks Yielding at Least 8%; J.P. Morgan Says ‘Buy’
Last late-week rally in the markets quickly faded and this week is ending with declines in the major stock indexes. It’s the classic patter on the dead cat bounce, a brief recovery that is followed by...
Selloff In Crypto Soon? JP Morgan Hints At Market Turnaround
Following repeated setbacks to the crypto community, the market sentiment appears to be probably at its weakest this year so far. The meltdown of Terra network in May dealt a massive blow to investor ...
Is This Crypto Space Deleveraging Cycle Not Really Extensive? JP Morgan Thinks So
The cryptocurrency has been going through a lot of bearish trends in the past few months. A recent report by JP Morgan highlighted that the crypto hedge fund Three Arrows Capital (3AC)’s recent meltdo...
Disney stock could ‘surpass prior peak earnings’, says Morgan Stanley analyst
The Walt Disney Company (NYSE: DIS) has taken significant losses in 2022, and sadly for market participants, they are not the only ones who have been affected by this. On the other hand, it presents p...
Palo Alto Networks Shares Are Too Cheap, Morgan Stanley Says
Text size Palo Alto Networks is within one to two quarters of reaching profitability under generally accepted accounting principles. Dreamstime Palo Alto Networks shares have held up a little better t...
Crypto winter may not last too much longer says JP Morgan
Strategists at JP Morgan are saying that the current deleveraging cycle for crypto may not be protracted, given that the likes of Sam Bankman-Fried are stepping in to support troubled companies. Also,...
Carnival stock could be worth “$0” in the worst-case scenario: Morgan Stanley
Carnival Corp (NYSE: CCL) is down 15% on Wednesday after a Morgan Stanley analyst warned the stock could be worth “zero dollar” in case of a global recession. Carnival Corp has over $30 bi...
Carnival Shares Plunge Nearly 15% As Morgan Stanley Warns Of Potential Stock Wipeout
Topline Cruise stocks tanked on Wednesday after yet another major Wall Street firm warned that weak demand and higher costs could sink industry profits and lead to another demand shock, with Morgan St...
The bottom of the bear market is still 10% away, Morgan Stanley Wealth Management says. And the odds of a recession have doubled, too
The stock market is off to one of its worst starts ever this year, with the S&P 500 falling more than 20% year to date. It’s a rout that has left many investors wondering when they will be able to...
Morgan Stanley Investment Head Sees Hidden Inflation Threat In Dollars And Commodities
As investors wonder when inflation will begin to abate, Morgan Stanley CIO Lisa Shalett is looking … [+] at the relationship between dollars and commodities for the answer. Getty Images Investor...
Morgan Stanley, BofA raise dividends after the 2022 bank stress test
The Federal Reserve (Fed) board undertook its annual bank stress test on June 23, 2022, which shows if banks have strong capital levels. The test results showed that banks continue to have strong capi...
Morgan Creek Digital to Raise $250m, Balancing BlockFi’s Bailout from FTX
Bailing out the crypto lending platform BlockFi has become one of the most significant endeavours for early investors in the company such as Morgan Creek Digital. According to an exclusive Coindesk re...