Morgan Stanley has several tailwinds in its favor, from high stock values to a rebound in investment banking and strong trading activity.
UK inflation falls sharply to 1.7%, below Bank of England’s target for first time in over three years
Economists polled by Reuters expected the headline rate to come in at 1.9% in its first dip below the Bank of England’s 2% target since April 2021.
Alibaba’s international arm says its new AI translation tool beats Google and ChatGPT
Chinese e-commerce giant Alibaba’s international arm on Wednesday launched an updated AI translation tool aimed at merchants that want to sell globally.
Stocks making the biggest moves midday: ASML, UnitedHealth, Walgreens Boots Alliance and more
These are the stocks posting the largest moves in midday trading.
Inside a high-tech parking garage where robots valet park your car
Better-utilized space for parking could mean a developer needs fewer floors devoted to vehicles — freeing up square footage for residences.
Here’s how robots lift, spin and precisely park a Ferrari
An exclusive look inside one of the largest automated parking system in the world. CNBC’s Ray Parisi travels thru the system in a 488 Spider Ferrari to show you exactly how robots precisely lift, spin, and park it while he’s inside with cameras.
Stocks making the biggest moves premarket: Goldman Sachs, Bank of America, Walgreens and more
These are some of the stocks posting the largest moves in premarket trading.
Citigroup earnings top estimates, boosted by investment banking
The bank’s third-quarter report is scheduled for release before the market open.
Bank of America tops estimates on better-than-expected trading revenue
How quickly will Bank of America benefit from falling interest rates?
Dutch government to reduce its stake in ABN Amro by a quarter
The Dutch government said Tuesday it will reduce its stake in ABN Amro to around 30% through a trading plan.