The Latest Breaking News from Morgan Stanley

SpaceX’s AI Could Be Worth Nothing If Stock Hits $100, Morgan Stanley Says — ETF Traders Should Pay Attention

Morgan Stanley believes the recent sell-off in Space Exploration Technologies Corp (NASDAQ:SPCX) has become overdone, arguing that investors are assigning virtually no value to the company’s AI business, despite it being a key pillar of the bank’s bullish thesis.

Benzinga · Jul 27

Amazon and Microsoft are spending $400 billion on AI—and investors are low on patience

Days after Wall Street punished Alphabet for its unbridled spending on AI infrastructure, the world’s two leading cloud giants are set to provide the latest update on their long-running rivalry.

Fortune · Jul 27

Meesho shares crack 5% as weak Q2 outlook spooks Street; Citi, Morgan Stanley react

Meesho shares fell after the company warned of slower NMV growth in the September quarter due to the rescheduling of its flagship festive sale and higher customer acquisition spending. While the outlook weighed on sentiment, the e-commerce firm narrowed its quarterly loss to Rs 133 crore from Rs 289 crore…

The Economic Times · Jul 24

Strength in Chipmakers Boosts Stocks

The S&P 500 Index ($SPX ) (SPY ) today is up +0.64%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.47%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.58%. September E-mini S&P futures (ESU26 ) are up +0.62%, and September E-mini Nasdaq futures...

Barchart · Jul 21

Stocks Gain as Chipmakers Rebound

The S&P 500 Index ($SPX ) (SPY ) today is up +0.38%, the Dow Jones Industrial Average ($DOWI ) (DIA ) is up +0.17%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.26%. September E-mini S&P futures (ESU26 ) are up +0.35%, and September E-mini Nasdaq futures...

Barchart · Jul 21

Jersey Mike’s tests how far investors will stretch on restaurant IPO valuations

Jersey Mike’s is aiming for a near-$8 billion listing, testing investors’ appetite for franchise-driven growth.

Fortune · Jul 21

Nvidia Turns to a Japanese Giant to Solve the Power Botteneck. What That Means for NVDA Stock.

The hardest part of building AI data centers is no longer the chips. Nvidia’s talks with Mitsubishi Heavy show the bottleneck was always power.

Barchart · Jul 20

Buyback Boom: These 3 Companies Are Betting Billions on Their Own Stocks

Dollar Tree, Morgan Stanley, and Accenture recently announced $2.5 billion, $20 billion, and $2 billion buyback plans, respectively, totaling $24.5 billion amid a record year for S&P 500 repurchases.

MarketBeat · Jul 20

Gilt yields edge higher as Andy Burnham promises to ‘meet fiscal rules’ as prime minister - as it happened

Rolling coverage of the latest economic and financial news

The Guardian - UK · Jul 20

Reliance Industries share price target: What are brokerages saying after Q1 results?

Reliance Industries shares gained after the conglomerate reported better-than-expected June quarter earnings, driven by robust growth across its energy, digital and refining businesses. Brokerages remained bullish on the stock, with several reiterating Buy ratings and raising target prices, citing strong operational performance, improving refining margins and long-term growth prospects across…

The Economic Times · Jul 20