Morgan Stanley

Advisor Upside

Morgan Stanley, BofA Add to Wall Street’s Earnings Bonanza

Photo by Curated Lifestyle via Unsplash

Higher income from trading and assets under management helped the big firms’ profits soar during the first quarter.

2 min read

Photo via Vernon Yuen/ZUMA Press/Newscom

Banking

Rising Market Risk Drives Wealth Management Windfalls for Morgan Stanley, BofA

Revenue at Morgan Stanley’s wealth business grew 16% year-over-year to $8.5 billion, and net income rose 34% to $2.1 billion.

1 min read
Photo via Richard B. Levine/Newscom

Banking

Wall Street Predicts Record Trading Revenue amid Market Jitters

The upbeat earnings reports Wall Street expects from the largest US banks are once again being overshadowed — this year, by the Iran War.

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

Advisor Upside

Why ‘Old School’ Franklin Templeton Just Bought a Crypto Startup

The crypto space is relatively small compared with other asset classes, but the hype train is barreling down the tracks.

2 min read

Energy

Clean Energy Regains Its Swagger as Hedge Against Wartime Oil Crisis

Photo via Jim West/UCG/Universal Images Group/Newscom

The iShares Global Clean Energy ETF jumped more than 5% last week, exceeding the oil-and-gas-focused Vanguard Energy ETF’s 1.3% gain.

1 min read

Consumer

Marriott’s Earnings and Growth in Luxury Travel Highlight K-Shaped Economy

Photo via imageBROKER/Marvin Samuel Tolent/Newscom

Marriott’s fourth-quarter earnings report shows that well-heeled travellers are still shelling out for top-tier accommodations.

1 min read

Artificial Intelligence

Anthropic’s Claude Code Platform Looks Like a Software Killer

Photo via Vincent Isore/ZUMAPRESS/Newscom

Claude Code promises to create any type of software — from analyzing specific data sets to building websites and editing photos.

2 min read

Sign Up for The Daily Upside to Unlock This Article

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