Tag Archives: morgan stanley

Tesla is likely to decide on a breakthrough method of die casting multiple sections of its EVs to reduce cost and improve production. Tesla Inc (NASDAQ: TSLA) has reportedly figured out a technological breakthrough that will transform the process of making electric vehicles. Fine-tuning the process will help Tesla cut production costs considerably. Tesla stock closed 1.75% higher at $276.04 on the news. Five people familiar with the matter spoke with Reuters anonymously. According to these...

As investors brace themselves for another week of market volatility and unsteady stock futures, all eyes are on the crucial economic data releases that could have a profound impact on the financial landscape. This morning marked a cautious start for investors as stock futures presented a mixed outlook following a positive day on Wall Street. Overview of the US Stock Futures Market As the US stock market opened, futures tied to the Dow Jones Industrial Average (INDEXDJX:.DJI) took a...

Going by the new estimates, Morgan Stanley expects that Tesla’s market capitalization will surge by at least $600 billion over the next 12 to 18 months. A recent Reuters report has tipped Tesla Inc (NASDAQ: TSLA), the electric vehicle (EV) maker, as poised to see a major boost in its market capitalization. This follows after Morgan Stanley analysts published a note about Tesla’s Dojo on Sunday. Addressing investors in the note, the team of analysts, led by Adam Jonas, shared how the...

The new AI chatbot will allow Morgan Stanley cater more effectively to its growing wealth division and the teeming clients there. American financial services company Morgan Stanley is looking to introduce an artificial intelligence (AI) chatbot in interactions with its wealthy clients. Morgan Stanley developed the chatbot in collaboration with OpenAI, the company behind ChatGPT. Both Morgan Stanley and OpenAI have been working on the AI chatbot for a while now. Morgan Stanley is now ready...

CoinspeakerMorgan Stanley: Nvidia to Benefit from ‘Massive Shift’ in AI, NVDA Stock Jumps 7% Morgan Stanley analysts find a strong visibility for Nvidia for the next 3-4 quarters amid the AI boom. Morgan Stanley: Nvidia to Benefit from ‘Massive Shift’ in AI, NVDA Stock Jumps 7%

Economists predict the US Treasury’s forthcoming debt issuance will hit $1 trillion and may eventually cause economic stiffness. US President Joe Biden’s assent and signing of the bill suspending the federal debt ceiling will trigger new debt issuance. Already, observers expect the Treasury Department to sell $1 trillion worth of debt. On Saturday, President Biden officially signed the bill, which removed the US debt ceiling until Jan 1, 2025. Biden’s signature followed a relatively...

Morgan Stanley has retained its stance as one of the top banks in the United States with influence spread around the world. American multinational banking giant Morgan Stanley (NYSE: MS) has released its performance and revenue report for the first quarter of this fiscal year, showcasing a result that is lower than analysts’ expectations. Based on the company’s report, its revenue came in at $14.52 billion as against the $13.92 billion estimate by Refinitiv analysts. Additionally, the...

Stock futures in the US climbed as investors brace for a crucial week of quarterly earnings from several large companies across sectors. Wall Street stock futures moved higher amid anticipation of more big bank earnings this week. On Sunday, stock futures tied to the S&P 500 climbed 0.16%, or 6.5 points, with the Nasdaq 100 futures increasing by 0.06%. In addition, futures tied to the Dow Jones Industrial Average (DJIA) also advanced 0.13% or 43 points. The banking sector got off to...

The prices of bitcoin and various other forms of crypto have been doing well these past few weeks. Spikes have occurred that have brought assets like bitcoin to new six-month highs, though Morgan Stanley is now saying that a massive stock crash could come along soon that may bring the prices of these digital assets down. Morgan Stanley Thinks Things Will Be Rough for BTC This Month The sentiment for 2023 thus far is that it will be a bullish year. There are several...

Following a signed agreement between SpaceX and NASA, the government agency is considering SpaceX as an emergency return option for the ISS crew.  Elon Musk’s SpaceX is about to receive financial backing from Saudi Arabia and Abu Dhabi investors in a new funding round. This follows an equity funding round in May 2022, which generated about $1.7 billion and reached a $127 billion market worth. At the same time, the company was positioned to be the US most valued startup with more than $125...