Micron is supposed to turn profitable again this year. But will it be profitable enough? Micron Technology (MU -4.62%) stock fell 3.9% through 10:30 a.m. ET Monday morning after investment bank Morgan Stanley dramatically slashed its price target on the computer memory maker. Up until today, Morgan Stanley had been saying Micron stock was worth $140 a share. Now, the banker believes Micron may be worth as little as $100. What Morgan Stanley said about Micron What changed? In today's note, Morgan Stanley ana ...

The shares of Morgan Stanley (NYSE: MS) are 1.8% lower in pre-market trading, after Goldman Sachs downgraded it to "neutral" from "buy," and lowered its price objective to $105 from $122. The analyst said it anticipates a shift in the investment banking cycle, in which other big-name banks will benefit.Coming into today, the majority of covering brokerages were hesitant towards MS. Of the 22 in coverage, 14 rated it a "hold" or worse, while eight still recommended a "strong buy." Plus, the 12-month average ...

Morgan Stanley (MS) closed at $96.62 in the latest trading session, marking a -1.59% move from the prior day. The stock fell short of the S&P 500, which registered a gain of 0.45% for the day. On the other hand, the Dow registered a loss of 0.23%, and the technology-centric Nasdaq increased by 0.84%.Shares of the investment bank have appreciated by 3.52% over the course of the past month, underperforming the Finance sector's gain of 4.51% and outperforming the S&P 500's gain of 2.54%.The investment communit ...

Morgan Stanley (NYSE:MS) Barclays Global Financial Services Conference 2024 September 10, 2024 11:15 AM ET Company Participants Dan Simkowitz - Co-President Conference Call Participants Jason Goldberg - Barclays Capital Jason Goldberg I'm very pleased to have Morgan Stanley up next, Dan Simkowitz, Co-President, is with us. Before we begin this discussion may include forward-looking statements, which reflect Morgan Stanley's management's current estimates and subject to risks and uncertainties that may cause ...

In the latest trading session, Morgan Stanley (MS) closed at $102.20, marking a +0.12% move from the previous day. This change outpaced the S&P 500's 0.6% loss on the day. On the other hand, the Dow registered a loss of 0.39%, and the technology-centric Nasdaq decreased by 1.12%.The investment bank's stock has dropped by 1.62% in the past month, falling short of the Finance sector's gain of 2.41% and the S&P 500's gain of 3.15%.The investment community will be closely monitoring the performance of Morgan St ...

Morgan Stanley (MS) has been continuously making efforts through strategic expansion initiatives to focus on operations that are less capital markets dependent. However, persistently rising expenses and the uncertain performance of the trading business are concerns.Morgan Stanley’s strategic buyouts, which aim to increase dependence on reliable revenue sources, are commendable. Driven by these efforts, its Wealth Management ("WM") and Investment Management ("IM") segments’ aggregate contribution to net reve ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 Commission File Number 1-11758 (Exact name of Registrant as specified in its charter) | --- | --- | --- | --- | |---------------------------------------------------------------|----------------------------------------------------|--------------------------------------|---------------------------- ...

Things are getting extremely volatile in the market. After big tech earnings disappointed, the Nasdaq index plunged more than 600 points (3.5%) in a single trading session as the rotation out of technology securities gathers steam. At the same time, the benchmark S&P 500 index fell more than 2% and posted its worst one-day performance since the 2022 bear market.While the current situation is worrisome, it could also create opportunities for investors to buy some great stocks on the cheap. Many value stocks ...

[Table_Title] 研究报告 Research Report 16 Jul 2024 摩根士丹利 Morgan Stanley (MS US) 营收利润超预期,机构证券和财富管理业务更佳 Revenue & Profit Beat, Institutional Securities & Wealth Management Perform Better 周琦 Nicole Zhou, CFA 林加力 Jiali Lin nicole.q.zhou@htisec.com jiali.lin@htisec.com [Table_yemei1] 热点速评 Flash Analysis [Table_summary] (Please see APPENDIX 1 for English summary) 事件 摩根士丹利(MS.US)发布 2024 年二季度业绩报告。 点评 24Q2 营收利润均超预期: 营收同比增速为+11.6%,优于彭博一致预期的+6.4%。 o 净利息收入同比+2.8%,优于彭博一致预期的-5.5%。 o 非息收入同比+13.1%,优于彭博一致预期的+9.7%。 效率比率同比下降 6.0p ...

For the quarter ended June 2024, Morgan Stanley (MS) reported revenue of $15.02 billion, up 11.6% over the same period last year. EPS came in at $1.82, compared to $1.24 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $14.18 billion, representing a surprise of +5.95%. The company delivered an EPS surprise of +10.30%, with the consensus EPS estimate being $1.65.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how ...