The Latest Breaking News from Morgan Stanley

Reports predict global heating will bring catastrophes and that air conditioning market could grow by 41%

A growing negative sentiment around Tesla is driving a mass exodus of customers to rival EV brands, including BYD and Lucid Motors.

June S&P 500 E-Mini futures (ESM25) are down -0.20%, and June Nasdaq 100 E-Mini futures (NQM25) are down -0.32% this morning as market participants remain cautious amid uncertainty surrounding U.S. tariffs while also awaiting the release of the Federal Reserve’s first-line inflation gauge.

Anthony Armstrong, a former Morgan Stanley banker now working for DOGE, stated that the federal workforce reduction was minimal, with less than 0.15% receiving a "Reduction in Force" (RIF) notice. He emphasized that the layoffs mainly affected probationary employees.

Citadel Advisors' Ken Griffin reshuffled his portfolio in Q4 2024 with a focus on banking, aviation, energy generation, and technology companies.

Dell, an AI stock down 45% from its 52-week highs, trades at a sizeable discount to consensus price targets in 2025.

Tesla has surged 30% in two weeks after losing half its value. Analysts are turning bullish again, and technicals suggest the stock may have bottomed.

The Duke of Sussex set up the African charity in honour of his mother but now its chair claims he was the ‘number one’ risk to it

Wall Street expected to have something of a friend in Donald Trump, yet the President's indifference to market volatility is analysts' true cause for concern, said Mike Wilson.