Morgan Stanley is a leading global financial services firm that provides a wide range of services in investment banking, securities, wealth management, and investment management. Catering to a diverse clientele that includes corporations, governments, and individuals, Morgan Stanley offers expert advisory and financing services, helping clients navigate complex financial markets and achieve their financial objectives. The firm is known for its strategic insights, innovative solutions, and commitment to delivering exceptional service, positioning itself as a trusted partner in the world of finance. Read More
The stock had gained over 5% after Morgan Stanley upgraded the stock last week, saying MP is the most vertically integrated rare earth metals company ex-China.
The company and its shareholders sold 32 million shares at $27 per share. The IPO price was slightly higher than the earlier marketed range of $24 to $26 per share.
Crude oil futures pulled back below the $68-a-barrel mark after jumping about 5% in the New York session on Wednesday amid escalating geopolitical tensions between the U.S. and Iran.
The analyst expects infrastructure-as-a-service to be in the spotlight again but forecasts a slight disappointment relative to the consensus expectation of $3.1 billion.
Morgan Stanley’s economics team expects a modest push from tariffs, underlined by firmer prices for new cars, apparel, and other goods such as household appliances.
Citi executive Vis Raghavan assured investors that the bank’s credit quality was good, with 80% of its corporate credit exposure being high grade in the U.S.
AppLovin's S&P 500 exclusion just hit the stock hard. However, analysts at Morgan Stanley remain bullish, announcing a price target increase on the same day.
These companies own 97% of the weight loss drug market -- which could grow tenfold over the next decade -- and are developing next-generation offerings.
