Morgan Stanley

Artificial Intelligence

Anthropic’s IPO Stares Down a Wobbly AI Trade

Photo via Andrew Leyden/ZUMAPRESS/Newscom

Reports surfaced earlier this month that the frontier AI lab may lower its target valuation, from $2 trillion to $1.5 trillion.

2 min read

Photo via Jimin Kim / SOPA Images/Sipa USA/Newscom

Banking

The Big Three Investment Banks Feed Hedge Funds’ AI-mbitions

The five biggest investment banks have already beaten last year’s record for equity trading revenue by about $7 billion, per CNBC.

2 min read
Photo via Vernon Yuen/ZUMA Press/Newscom

Banking

Morgan Stanley’s Wealth Management Focus Is Paying Off

Morgan Stanley’s wealth management business had a record third quarter, boosted by IPOs and the rising stock market.

2 min read
Photo by István Szitás via Unsplash

Advisor Upside

Alts Goose Wall Street’s Wealth Units in Third Quarter

Despite rain clouds in the economy, many of Wall Street’s biggest banks reported stellar earnings in the third quarter.

2 min read

Advisor Upside

It’s Complicated: Issues with Private Assets Aren’t Deterring Advisors

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Advisors increasingly offer private market assets to clients, despite having more concerns about them than ever.

2 min read

Advisor Upside

Morgan Stanley Raises Bet on Digital Assets With E*Trade Crypto Access

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The wirehouse will now let some clients buy and sell various cryptocurrencies on its self-directed platform.

1 min read

Banking

Morgan Stanley Weighs $1.3 Billion Dallas Bet

Photo via imageBROKER/Alex Grichenko/Newscom

The Dallas City Council approved an economic incentive package that would grant the bank up to $18.5 million in economic development grants.

1 min read

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