Morgan Stanley

Banking

Morgan Stanley Jumps on Private Market Research Bandwagon

Photo via Richard B. Levine/Newscom

There are more than 1,500 active unicorns that have raised roughly $1 trillion in venture capital funding, according to PitchBook data.

1 min read

Photo via JOHN ANGELILLO/UPI/Newscom

Markets

Wall Street Leaders’ Fears of Froth Finally Bubble into Markets

Goldman Sachs CEO David Solomon and Morgan Stanley CEO Ted Pick warned of an equities drawdown on Tuesday at a summit in Hong Kong.

2 min read
Photo by Ajay Suresh via CC BY 2.0

Advisor Upside

Morgan Stanley Buys Equity Trading Platform in Private Investment Push

The investment bank has acquired EquityZen, giving Morgan Stanley clients greater access to private company investments.

1 min read
Photo by Ceri Breeze via iStock

Banking

Upbeat Regional Bank Earnings Calm Fears of ‘Cockroach’ Loan Infestation

Disclosures by two regional lenders last week set off a mini-panic about bad loans on the books of small and medium cap banks.

2 min read

Finance

Schwab’s Record Revenue Showcases Wall Street Bonanza From Trade Tumult, AI Revolution

Photo via aoo3771/Newscom

Over one million brokerage accounts have now been opened with Charles Schwab for four consecutive quarters.

2 min read

Indicators

Dismal Jobs Numbers May Not Mean What You Think

Photo via Nicolas J Leclercq

Morgan Stanley analysts think the US economy has been in a “rolling recession” since 2022 — and it may already be almost over.

2 min read

Photo illustration by Connor Lin / The Daily Upside, Photos by AlbertoChagas and Amixstudio via iStock

Advisor Upside

Sports Stars Turned Advisors Help Guide Next-Gen Athletes

Seeing first-hand the troubles even the most well-paid athletes can endure, many former pros feel a responsibility to advise today’s rookies.

4 min read
Photo via imageBROKER/Mojahid Mottakin/Newscom

Artificial Intelligence

Tech Stocks Slide as AI Reality Lags Behind Hype

Part of the investor pullback comes after an MIT report that checked in on the billions that companies have spent on generative AI.

2 min read
Photo via Spencer Jones/GHI//UCG/Universal Images Group/Newscom

Healthcare

Eli Lilly’s Miracle Weight Loss Pill May Not Be Miraculous Enough

Lilly’s second-quarter results reported Thursday were still more than fine: $15.5 billion in revenue beat Wall Street estimates.

2 min read

Advisor Upside

Vanguard Made a Single Acquisition. Now, It’s Getting Sued

Photo via Rafael Henrique/ZUMAPRESS/Newscom

The complaint alleges Vanguard acted in bad faith by thwarting certain business deals post-acquisition.

2 min read

Photo by Aditya Vyas via Unsplash

Banking

Inflation Data and Bank Earnings Kick Off a Crucial Test for Markets

The big US banks bested Q1 earnings expectations, and many observers expect big boosts to their Q2 trading desk revenues.

2 min read
Ursula von der Leyen, President of the European Commission. Photo via Abaca Press/Monasse Thierry/ANDBZ/Abaca/Sipa USA/Newscom

Banking

Europe Delays Stricter Banking Rules to Keep ‘Level Playing Field’ With US Rivals

The new rules are part of the Basel III reforms that were introduced in 2017 and designed in response to the 2008 financial crisis.

2 min read
Photo by Alex Proimos via CC BY 2.0

Advisor Upside

Morgan Stanley, American Funds Earn Top Rankings From Financial Advisors

Fees and returns are important to advisors, but so are branding and customer service.

1 min read

Sign Up for The Daily Upside to Unlock This Article

Sharp news & analysis on finance, economics, and investing.