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☆ Why tech is holding up better than the rest — listen to 'The Homestretch'
▼ + stars: | 2023-01-17 | by ( ) www.cnbc.com time to read: +9 min

THERE WAS A FUNNY MOMENT WHENPEOPLE WERE TRYING TO SAY THATTRADING AND -- AND JAMES GORMANSAID WE'RE NOT A TRADING FIRM. TECH IS LEADING AND NVIDIA,BECAUSE THE CHINESE WILL SITDOWN WITH JANET YELLEN BUT ITCOULD BE A PURE BOUNCE BACK. AND I DON'T KNOW WHETHER THAT ISNECESSARY -- WE DID SELL SOMEBUT I'M NOT SURE WHETHER TO GETRID OF A POSITION LIKE THAT. NOW THEY'RE GOING TO SPEND MOREMONEY ON INSTRUMENTATION, MAKINGNEW DRUGS AWAY FROM COVID. BUT OVERALL, I DON'T THINK CALLTHIS A MOVE INTO THAT GROUP.

☆ Morgan Stanley profit beats on strength in trading business
▼ + stars: | 2023-01-17 | by ( ) www.reuters.com time to read: +3 min

Jan 17 (Reuters) - Morgan Stanley (MS.N) reported a smaller-than-expected 41% drop in fourth-quarter profit on Tuesday as the bank's trading business got a boost from market volatility, offsetting the hit from sluggish dealmaking. Revenue from Morgan Stanley's investment banking business fell 49% to $1.25 billion in the fourth quarter, with revenue declines across the bank's advisory, equity and fixed income segments. The investment banking business slowdown weighed on the company's net revenue, pulling it down 12% to $12.7 billion. Morgan Stanley wraps up a mixed fourth-quarter earnings for the big U.S. banks. On an adjusted basis, Morgan Stanley earned $1.31 per diluted share, the bank said.

☆ Analysis: Investors snap up record $39 bln emerging market sovereign bond splurge
▼ + stars: | 2023-01-13 | by ( Jorgelina Do Rosario | ) www.reuters.com time to read: +5 min

The scale of borrowing dwarfs the previous record of $26 billion raised in the same period in 2018, data from Morgan Stanley shows. ROARING STARTWhile emerging bond markets are off to a roaring start, that might not translate into a bumper year overall. That is well above last year's multi-year low of $95 billion, but well short of 2020's record $233 billion. "The blessing for 2023 is that we haven't got a huge spike in Eurobonds maturities for the frontier," said Gregory Smith, emerging markets fund manager at M&G Investments, referring to what are perceived as the riskiest of emerging markets. "Kenya and Angola will need to tap the market, while South Africa is staying away completely this year," she said.

☆ Microsoft reportedly plans to invest $10 billion in creator of buzzy A.I. tool ChatGPT
▼ + stars: | 2023-01-10 | by ( Ryan Browne | ) www.cnbc.com time to read: +2 min

Microsoft plans to invest $10 billion in OpenAI, the startup behind popular artificial intelligence tool ChatGPT, according to a report from Semafor. A bet on ChatGPT could help Microsoft boost its efforts in web search, a market dominated by Google . Brian Nowak, the bank's lead analyst on Alphabet, wrote that language models could take market share "and disrupt Google's position as the entry point for people on the Internet." OpenAI, which was founded by Silicon Valley entrepreneur Sam Altman in 2015, launched its ChatGPT to the public in late November. Five days after OpenAI released ChatGPT, Altman said that the chat research tool crossed 1 million users.

☆ Premarket stocks: Wall Street's dirty secret: It's terrible at forecasting stocks
▼ + stars: | 2022-12-28 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

What’s happening: Last year, Goldman Sachs analysts predicted that the S&P 500 would close out 2022 at 5,100 points. With those caveats, let’s get to Wall Street’s predictionsThe numbers: Forecasts for where the S&P 500 will finish 2023 vary greatly. Analysts overestimated the final value (that is, the final value finished below the estimate) in 13 of the 20 years and underestimated the final value (the final value finished above the estimate) in the other 7 years. They’re on track to have overestimated the performance of the S&P 500 in 2022 by nearly 40%. During this period, the S&P 500 has historically gained 1.3% on average, according to data from LPL Financial going back to 1950.

☆ Google vs. ChatGPT: Here's what happened when I swapped services for a day
▼ + stars: | 2022-12-15 | by ( Sofia Pitt | ) www.cnbc.com time to read: +11 min

Either way, I wanted to see how well the chatbot would work as an alternative to Google's search engine. Instead of Googling my questions throughout the day, I asked ChatGPT. I normally would have asked Google what to do. Instead, I asked ChatGPT. On the other hand, there are also potential limitations to using ChatGPT as a search engine.

☆ Morgan Stanley's Sherry Paul: Important for investors not to get lost in Fed sauce
▼ + stars: | 2022-12-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailMorgan Stanley's Sherry Paul: Important for investors not to get lost in Fed sauceSherry Paul, senior portfolio manager director at Morgan Stanley Private Wealth Management, joins 'Squawk on the street' to discuss why the market reacted the way it did to yesterday's FOMC minutes, and more.

☆ Watch CNBC's full interview with BofA's Jill Carey Hall and Morgan Stanley's Sherry Paul
▼ + stars: | 2022-12-15 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with BofA's Jill Carey Hall and Morgan Stanley's Sherry PaulJill Carey Hall, Bank of America Securities head of U.S. small and mid cap strategy, and Sherry Paul, senior portfolio manager director at Morgan Stanley Private Wealth Management, join 'Squawk on the street' to discuss why the market reacted the way it did to yesterday's FOMC minutes, how Paul characterizes the sentiment of her clients and Hall's take on where markets are now.

☆ Google execs warn company's reputation could suffer if it moves too fast on AI-chat technology
▼ + stars: | 2022-12-13 | by ( Jennifer Elias | ) www.cnbc.com time to read: +7 min

Some of them are wondering where Google is in the race to create sophisticated chatbots that can answer user queries. After all, Google's prime business is web search, and the company has long touted itself as a pioneer in AI. Billions of people across the globe use Google's search engine, while ChatGPT just crossed 1 million users in early December. Taking Google 'for granted'Employees had other concerns about Google search. Industry estimates still show that Google holds at least 90% of the search market, and the company remains under scrutiny by regulators.

☆ Premarket stocks: Betting on a market bounce? You may be waiting a while
▼ + stars: | 2022-12-12 | by ( Nicole Goodkind | ) edition.cnn.com time to read: +7 min

New York CNN —‘Tis the season for Wall Street strategists to pack their clients’ inboxes with market predictions for 2023. Market analysts aren’t alone. “US equity returns will be driven by earnings against a backdrop characterized by elevated market volatility,” write JPMorgan analysts. The effort was initially touted as a “Big Bang 2.0” — a nod to the rapid deregulation of UK financial markets under former Prime Minister Margaret Thatcher in 1986. The changes are a bid to maintain London’s role as a global financial hub after Brexit, which, alongside political turmoil, has boosted uncertainty for companies thinking about where to invest.

☆ Stocks making the biggest moves premarket: Campbell Soup, Pinterest, Toll Brothers and others
▼ + stars: | 2022-12-07 | by ( Peter Schacknow | ) www.cnbc.com time to read: +2 min

Check out the companies making headlines before the bell:Campbell Soup (CPB) – Campbell Soup beat estimates by 14 cents with adjusted quarterly earnings of $1.02 per share. Pinterest (PINS) – Pinterest rose 1.2% in premarket trading after an official from activist investor Elliott Management was added to the image-sharing website operator's board of directors. Carvana tumbled 18.2% in premarket trading. Dave & Buster's (PLAY) – Dave & Buster's shares slid 3.9% in premarket action even though its quarterly profit matched analyst estimates. Airbnb (ABNB) – Airbnb fell 3.8% in premarket trading after Morgan Stanley downgraded the stock to underweight from equal-weight.

☆ How to trade Apple as Morgan Stanley predicts more iPhone issues ahead
▼ + stars: | 2022-12-07 | by ( Melissa Lee | ) www.cnbc.com time to read: 1 min

In this videoShare Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailHow to trade Apple as Morgan Stanley predicts more iPhone issues aheadMorgan Stanley cuts estimates for iPhone shipments. With CNBC's Melissa Lee and the Fast Money traders, Tim Seymour, Karen Finerman, Steve Grasso and Guy Adami.

☆ What to watch for as J&J gets ready to split into two separate companies next year
▼ + stars: | 2022-12-06 | by ( Paulina Likos | ) www.cnbc.com time to read: +11 min

During Monday's "Morning Meeting" for members, Jim Cramer said that J & J has the "best balance sheet in America." According to projections from J & J and rival Medtronic (MDT), the robotics market captures a low 2% to 3% of global procedures. In an economic slowdown, J & J is a solid name to own that can outperform the broader market. We also like that J & J has consistently raised its dividend. We rate J & J a 1 for the Club , meaning we would buy the stock at current levels given it aligns with our strategy.

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☆ I worry about the Fed's previous and upcoming tightening, says Wells Fargo's Bryson
▼ + stars: | 2022-12-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailI worry about the Fed's previous and upcoming tightening, says Wells Fargo's BrysonJay Bryson, Wells Fargo managing director, and Katerina Simonetti, Morgan Stanley Private Wealth Management, join 'Closing Bell' to discuss their take on where the underlying economy currently sits, how much more tightening the Federal Reserve will have to do and more.

☆ Watch CNBC's full interview with Wells Fargo's Jay Bryson and Morgan Stanley's Katerina Simonetti
▼ + stars: | 2022-12-01 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with Wells Fargo's Jay Bryson and Morgan Stanley's Katerina SimonettiJay Bryson, Wells Fargo managing director, and Katerina Simonetti, Morgan Stanley Private Wealth Management, join 'Closing Bell' to discuss their respective takes on where the economy sits, how much more tightening the Federal Reserve will have to do and more.

☆ Investors should focus on stocks with earnings resiliency, says Morgan Stanley's Sherry Paul
▼ + stars: | 2022-11-30 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvestors should focus on stocks with earnings resiliency, says Morgan Stanley's Sherry PaulJJ Kinahan, IG North America CEO, and Sherry Paul, senior portfolio manager director at Morgan Stanley Private Wealth Management, join CNBC's 'Squawk Box' to break down their investment strategies ahead of the market open.

☆ Wall Street banks turn upbeat on emerging market debt
▼ + stars: | 2022-11-14 | by ( Karin Strohecker | ) www.reuters.com time to read: +3 min

JPMorgan raised its outlook for emerging market hard-currency debt on Monday to "marketweight" from "underweight", saying the latest U.S. inflation data cemented a shift to the next phase in the cycle. In its 2023 outlook Morgan Stanley predicted emerging market hard-currency bonds could return more than 14% next year. Core CPI seems to be finally in," Citi Research's head of emerging market strategy Dirk Willer said in the bank's weekly strategy note. However, it might not be quite time for investors to dive into emerging market sovereign credit. JPMorgan's emerging market strategist Jonny Goulden said Federal Reserve hiking cycles were usually followed by a "wait" period before the onset of a U.S. recession, or possibly even an emerging markets financial crisis.

☆ U.S. may skirt recession in 2023, Europe not so lucky - Morgan Stanley
▼ + stars: | 2022-11-14 | by ( Kevin Buckland | ) www.reuters.com time to read: +2 min

TOKYO, Nov 14 (Reuters) - Britain and the euro zone economies are likely to tip into recession next year, Morgan Stanley said, but the United States might make a narrow escape thanks to a resilient job market. "Risks are to the downside," the reports said, projecting the global economy to grow by 2.2% next year, lower than the International Monetary Fund's latest 2.7% growth estimate. read moreNext year, Morgan Stanley predicts a sharp split between developed economies "in or near recession" while emerging economies "recover modestly" but said an overall global pickup would likely remain elusive. Central banks across the globe have raised interest rates this year to curb raging inflation, and in the United States, Morgan Stanley predicted the Federal Reserve to keep rates high in 2023 as inflation remains strong after peaking in the fourth quarter of this year. "The cumulative effect of tight policy in 2023 spills over into 2024, resulting in two very weak years," the report added.

☆ Stocks making the biggest moves midday: Lyft, Tripadvisor, Take-Two Interactive and more
▼ + stars: | 2022-11-08 | by ( Carmen Reinicke | ) www.cnbc.com time to read: +6 min

Lyft – Shares of Lyft plummeted 21% after the company's earnings report showed mixed results in the last quarter. SolarEdge Technologies – Shares of SolarEdge rose 18% after the company reported record revenue in its last quarter that beat analysts' expectations. Revenue fell short of estimates coming in at $967 million instead of $979 million. Perrigo – Shares of pharmaceutical company Perrigo slumped 16% after the company reported earnings and revenue that fell short of analysts' expectations, according to Refinitiv. The company reported $198.3 million in revenue, which beat expectations, according to StreetAccount.

☆ As much as we want to be optimistic, we're still in the bear market, says Katerina Simonetti
▼ + stars: | 2022-11-07 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailAs much as we want to be optimistic, we're still in the bear market, says Katerina SimonettiCiti Global Wealth Management's Steven Wieting and Morgan Stanley Private Wealth Managment's Katerina Simonetti join 'Squawk on the Street' to discuss the bear market technical rally off earnings, the time horizon for recovery, and calls for a bottom in the first half of next year.

☆ Stocks making the biggest moves midday: Carvana, Meta, Palantir, Viatris, Walgreens and more
▼ + stars: | 2022-11-07 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Check out the companies making the biggest moves midday:Carvana — Carvana shares shed more than 15%, with trading briefly halted at one point due to volatility. Walgreens raised its fiscal year 2025 sales goal for its U.S. health-care business to $14.5 billion to $16.0 billion, from $11.0 billion to $12.0 billion to account for the deal. Viatris — The global health-care company rallied 16% after it announced it intends to create an ophthalmology franchise by acquiring Oyster Point Pharma and Famy Life Sciences. The toymaker's shares shed nearly 60% last Friday after it delivered disappointing quarterly results and issued a weak forward guidance that included a fourth-quarter loss. DoorDash — Shares of the food delivery company rallied 2.5% after being upgraded by Oppenheimer to outperform from perform.

☆ Bitcoin's break above $20,000 has investors wondering if the crypto bottom is in. Here's what analysts say
▼ + stars: | 2022-10-30 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

October is a historically strong month for crypto, but this month, prices and volatility have been relatively flat. Don't call it a bottom yet The odd inactivity has investors wondering if the crypto market could be turning for the better and breaking out of this year's rut. That, combined with the recent low volatility, would provide more evidence of a bottom, but bitcoin today is still leaving derivative exchanges. "For low price volatility to be associated with bottoms, the portion of bitcoin inflows into exchanges dominated by whales ought to be relatively low," he said. CryptoQuant also analyzed bitcoin's MVRV, or market value to realized value, ratio, which shows crypto hasn't gone into undervalued territory.

☆ Investing in extremely sold-off market sectors presents value, says Morgan Stanley's Sherry Paul
▼ + stars: | 2022-10-28 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailInvesting in extremely sold-off market sectors presents value, says Morgan Stanley's Sherry PaulSherry Paul, senior portfolio manager director at Morgan Stanley Private Wealth Management, joins CNBC's 'Squawk Box' to break down her investment strategies ahead of the market open on Friday.

FRANKFURT/LONDON, Oct 20 (Reuters) - Morgan Stanley's infrastructure investment arm is weighing a sale of a 40% stake in German wind and solar power project developer PNE AG (PNEGn.DE) after being approached by potential suitors, three people familiar with the matter said. PNE confirmed on Thursday that Morgan Stanley and Photon Management intend to enter into open-ended preliminary talks with potential interested parties regarding Photon's stake in PNE. Photon, which is controlled by Morgan Stanley, is PNE's largest shareholder. Morgan Stanley Infrastructure Partners (MSIP) acquired the PNE stake following a failed takeover attempt in 2020. Buying the whole stake would trigger a mandatory takeover bid for all of PNE under German stock market rules.

☆ Watch CNBC’s full interview with Morgan Stanley's Chris Toomey
▼ + stars: | 2022-10-20 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC’s full interview with Morgan Stanley's Chris ToomeyChris Toomey, Morgan Stanley Private Wealth Management, joins 'Closing Bell: Overtime' to discuss the bond market, earnings season, and caution investors about next year's earnings.

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