Under CEO James Gorman, Morgan Stanley’s reliance on wealth management has helped its steady earnings and boosted its valuation relative to peers.
Stocks making the biggest moves premarket: Bank of America, Pinterest, Masimo & more
These are the stocks posting the largest moves premarket.
Bank of America tops analysts’ expectations amid higher interest rates
While analysts expected Bank of America to be one of the top beneficiaries of rising interest rates, it hasn’t played out that way.
Henry Kissinger meets with China’s defense minister in Beijing
Henry Kissinger, a former U.S. secretary of State, met with China’s defense minister, Li Shangfu, in Beijing on Tuesday, the ministry said in a statement.
Goldman Sachs cuts odds of a U.S. recession in the next year
The investment bank, however, expects some deceleration in subsequent quarters as a result of sequentially slower real disposable personal income growth.
Can ChatGPT find ‘hidden gems’ in Europe? Yes, if you use these prompts
ChatGPT can find off-the-beaten track gems in Europe if you ask the right questions, says the London-based travel writer Lisa Lucas.
After an 80% rally for bitcoin, market experts predict where it’s going next in 2023
After a more-than 80% jump in bitcoin’s price this year so far, crypto experts tell CNBC Pro how they expect it to perform in the latter half of the year.
Warren Buffett’s Berkshire Hathaway cuts Activision stake as Microsoft deal inches closer
Berkshire Hathaway dumped a significant portion of its stake in Activision as Microsoft’s deal to buy the video game company edged closer to the finishing line.
Wells Fargo raises its price target on Tesla. Here’s what the pros are saying
Pros on CNBC discussed Tesla after the company built its first Cybertruck in Texas, and Wells Fargo raised its price target.
The war against inflation is a long way away from being won
Despite recent signs that inflation is cooling, the fight to bring down the meteoric price increases of the past three years is far from over.