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Shares of medical device company ResMed (NYSE:RMD) fell 4.5% in the afternoon session after Morgan Stanley downgraded the stock to Equalweight from Overweight and lowered its price target.

Shares of large U.S. banks outperformed the market on Wednesday, with some hitting records, as investors awaited the first Federal Open Market Committee meeting of Kevin Warsh’s Fed chairmanship. Investment banks Goldman Sachs and Morgan Stanley also rallied and hit records, according to FactSet and Dow Jones Market Data. Traders widely expect the Fed will keep the benchmark federal-funds rate target unchanged at a range of 3.50% to 3.75%.

Goldman Sachs and Morgan Stanley are preparing for the IPOs of OpenAI and Anthropic by forming separate teams to prevent information sharing.

As Interactive Brokers has exceeded its industry peers over the past year, Wall Street analysts maintain a strongly optimistic outlook on its prospects.

(Bloomberg) -- It was 180 degrees off the hot trade on Wall Street. Most Read from BloombergRead the 14-Point Draft Memorandum Between the US and IranModi Warns of ‘Shortage of Trust’ Ahead of Trump MeetingIran’s Deputy Foreign Minister Confirms Deal Reached With USNetanyahu Pays a Political Price for Trump’s Iran DealUS Set to Offer Iran Broad Financial Gains in Peace DealSnub Nvidia Corp., the soaring king of artificial intelligence chips. Embrace Adobe Inc., a sinking casualty of AI disruptio

Goldman advises more than $1T M&A year to date, building a strong pipeline for advisory fees as global dealmaking rebounds and IB gains momentum.

Morgan Stanley (NYSE:MS) is refocusing its long-term growth strategy around wealth management, with a goal of reaching $10 trillion in client assets. The firm is positioning itself to capture potential sizeable assets tied to an anticipated SpaceX IPO, which could influence its future revenue mix. Morgan Stanley is putting wealth management at the center of its future, at a time when the stock is trading around $220.83 after gaining 5% over the past week and 14.7% over the past month. Over...

Financial stocks were advancing in late Tuesday afternoon trading, with the NYSE Financial Index ris

Details emerged on the financing supporting Irth Capital’s take-private bid for pizza chain Papa John’s International, including $725 million of preferred equity and $1 billion in bridge financing, according to market sources. Brookfield Asset Management provided committed financing for the deal, including the preferred equity, and is looking to syndicate some of the preferred equity to other private credit investors, sources said. Anchor lenders typically syndicate portions of larger debt packa

Brent dropped as much as 4.3% as banks cut forecasts and traders priced in faster Gulf export recovery.

Financial stocks were advancing in Tuesday afternoon trading, with the NYSE Financial Index rising 1

Banks lowered crude outlooks as the interim US-Iran deal raised expectations for restored Hormuz exports.

BLK is cutting nearly 200 jobs, under 1% of staff, as it balances acquisition-driven growth, private market expansion and efficiency goals.

Western Digital (NASDAQ:WDC) stock is up 7% in Tuesday morning trading, changing hands near $701 and setting a fresh all-time high. The catalyst is a Morgan Stanley note that reiterated an Overweight rating and lifted its WDC price target by 33%. The upgrade extends a powerful run. Western Digital stock closed Monday up 16.1% at ... Western Digital Jumps 7% on Morgan Stanley’s 33% Price-Target Hike, Seagate Gains 5% as the AI Storage Boom Rolls On

Zacks.com users have recently been watching Morgan Stanley (MS) quite a bit. Thus, it is worth knowing the facts that could determine the stock's prospects.

Investing.com -- The sharp decline in oil prices following a U.S.-Iran peace agreement has created a buying opportunity in energy stocks, Morgan Stanley argues, with producer valuations now pricing in crude well below current market levels.

Not all profitable companies are built to last - some rely on outdated models or unsustainable advantages. Just because a business is in the green today doesn’t mean it will thrive tomorrow.

(Bloomberg) -- The transit of empty ships through the Strait of Hormuz into the energy-rich Persian Gulf is being eagerly watched by the market, which would indicate increasing confidence in the outlook for a sustained peace deal.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds Wi

Investors should expect a leaner, quieterFederal Reserve coming up very soon. That’s Morgan Stanley’s forecast for Kevin Warsh’s debut as Chair of the Federal Reserve which includes a warning to Wall Street about the central bank’s near-term rate path and long-term communications style. Morgan ...

(Bloomberg) -- Chinese property stocks have slid back to levels seen before a raft of stimulus measures from the authorities in September 2024 drove a market turnaround, underscoring lingering pessimism over the sector. Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With Allies

(Bloomberg) -- Wall Street’s biggest banks are cutting their oil-price forecasts for the coming quarters, as optimism grows over a revival of Middle East crude output following an interim deal to reopen the Strait of Hormuz.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USStudios in Microsoft’s Xbox Division Brace for ClosuresNetanyahu Pays a Political Price for Trump’s Iran DealUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsUS at Odds With All

(Bloomberg) -- Oil steadied after the biggest drop in more than two weeks as traders, shippers and producers waited for details of a US-Iran deal that’s intended to pave the way for the full reopening of the Strait of Hormuz.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsStudios in Microsoft’s Xbox Division Brace for ClosuresIran Signals No Deal Will Be Signed by Trump’s Sunday TimelineStocks Cli

(Bloomberg) -- Customers at some of the largest retail brokerage firms in the US each received at least a single share in SpaceX’s $86.2 billion IPO, underscoring how the offering was designed to give individual investors a sizable role.Most Read from BloombergIran’s Deputy Foreign Minister Confirms Deal Reached With USUS and Iran Agree to Halt War, Restart Middle East Oil ShipmentsStudios in Microsoft’s Xbox Division Brace for ClosuresIran Signals No Deal Will Be Signed by Trump’s Sunday Timeli

Bitcoin (BTC), which hit the all-time high (ATH) of $126,080 on Oct. 6 last year, is still struggling on the charts due to the market turmoil. Though the recent peace negotiation between the United States and Iran has boosted the hopes of crypto investors, Bitcoin is still trading 45% lower ...

Morgan Stanley sees under-owned cyclicals gaining if rates, oil and dollar pressures ease.

Seven maturities from two to 30 years mark Nvidia's come back to the bond market

Investing.com -- Morgan Stanley downgraded Accenture to Equal-weight from Overweight and slashed its price target to $177 from $240, arguing that the anticipated boost to IT services spending from artificial intelligence investments has yet to materialize as enterprises continue to prioritize AI projects over traditional discretionary technology spending.

The startup aims to help companies manage the challenge of determining which actions AI agents are authorized to take.

Morgan Stanley reiterates Overweight ratings on the hard-disk drive makers in a pair of research notes Monday.

Fox Corp (NASDAQ:FOXA) has agreed to acquire streaming platform Roku Inc (NASDAQ:ROKU) in a cash-and-stock deal valuing the company at approximately $22 billion in enterprise value, the companies announced Monday. Under the terms of the agreement, Fox will pay $160 per share, comprising $96...