News with the tag "morgan stanley"

Elon Musk’s social media platform X (formerly Twitter) is planning to repurchase the final $1.2 billion chunk of high-risk debt left over from the $44 billion Twitter buyout in 2022. This piece is known as second-lien debt, and it’s been sitting like dead weight on the books of seven major banks, le...

Three of the biggest banks in the US are revealing what they believe is next for the S&P 500 after the stock market index witnessed a major sell-off to start the year. Starting with JPMorgan Chase, analysts at the largest US bank say they don’t believe tariff-related headlines are the catalyst behin...

A filing by the asset management company Strategy (formerly MicroStrategy) with the U.S. SEC on March 18 revealed that the firm planned to issue an additional 5,000,000 shares of its 10.00% Series A Perpetual Strife Preferred Stock. The firm also confirmed that the stock would be available at $100 p...

Big banks are quietly scrubbing the public record of their diversity, equity and inclusion (DEI) policies following US President Donald Trump’s upheaval of the controversial practice. Citing banking executives, lawyers and other insiders familiar with the matter, The Wall Street Journal reports that...

US financial giant Morgan Stanley says the Department of Government Efficiency (DOGE) headed by Elon Musk is likely extremely bullish for the US economy. In a new interview on CNBC, Mike Wilson, Morgan Stanley’s chief investment officer and chief US equity strategist, says that the bank’s “bull case...

Metaplanet confirmed receipt of 4.0 Japanese Yen from Evo Fund to purchase more Bitcoin today. The company reviewed its use of funds partially to optimize fund management. On Monday, it announced that it had issued 4 billion yen of ordinary bonds. Metaplanet announced on Thursday that it had raised ...

Morgan Stanley Pushes Fed Rate Cut Expectations to June Morgan Stanley economists have revised their Federal Reserve interest rate cut forecast , pushing it back from March to June 2025 , according to Odaily Planet Daily News . Key Takeaways: No Fed rate cut expected in March as inflation risks rema...

The Dogecoin and Shiba Inu prices are rising today, sparking a bullish sentiment among investors. This comes following the massive wave of sell-offs earlier in the week, which led to a significant decline for the foremost meme coins. Why The Dogecoin And Shiba Inu Prices Are Rising CoinMarketCap dat...

Six of the largest banks in the US recorded exceptional returns in 2024, despite recession fears and geopolitical uncertainty. JPMorgan Chase, Citi, Bank of America, Goldman Sachs, Wells Fargo and Morgan Stanley printed $145.68 billion in combined profits last year, largely propelled by stellar perf...

The US dollar has hit its lowest point in 14 months, with traders dumping the currency after a rocky we e k filled with trade threats from Mr . President Donald Tru mp. The Bloomberg Dollar Spot Inde x took a heavy hit, dropping 1.7% since last Friday. This is its sharpest weekly fall since July 202...