Financial News

(Bloomberg) -- Australian burrito chain Guzman y Gomez Ltd. said it’s closing its Chicago restaurants and exiting the US after failing to generate adequate sales. The company’s shares soared.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemDow Average Climbs to Record on US-Iran De

Earnings results often indicate what direction a company will take in the months ahead. With Q1 behind us, let’s have a look at Morgan Stanley (NYSE:MS) and its peers.

In the most recent trading session, Morgan Stanley (MS) closed at $200.51, indicating a +1.39% shift from the previous trading day.

NEW YORK, May 21, 2026--Morgan Stanley (NYSE: MS) today announced the winners of its 17th annual Strategy Challenge, the Firm’s flagship pro bono program which brings together rising talent to help nonprofits solve strategic, mission-critical challenges. The winning teams supported Hour Children in the U.S. and Mental Health Innovations in the UK.

(Bloomberg) -- Elon Musk’s reshaping of SpaceX, xAI and X into a tightly-bound conglomerate has already yielded a significant financial windfall: nearly $1 billion in annual interest savings.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemStocks and Oil Whipsaw on Mixed US-Iran Si

The details that Elon Musk’s SpaceX outlined about its initial public offering this week showcase the rocket company’s ties across Wall Street, and its own ambitions in the financial sector. SpaceX owns xAI, Musk’s artificial-intelligence start-up, which in turn owns X, formerly known as Twitter. It may expand into other financial offerings, SpaceX wrote in the filing.

(Bloomberg) -- Kalshi Inc. is raising an additional $200 million, broadening a funding round that had already brought in $1 billion, according to a person familiar with the situation.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemStocks and Oil Whipsaw on Mixed US-Iran Signals: M

Space Exploration Technologies, widely known as SpaceX, has filed for an initial public offering in

SpaceX filed its S-1, and the headlines call it a space IPO — but the filing tells a different story: the most vertically integrated AI infrastructure bet ever attempted. xAI is now a SpaceX segment, with $12.7B in AI capex last year. Anthropic signed on as a $1.25B/month customer through 2029. There's a chip project with Tesla and Intel called Terafab. And AI data centers in orbit by 2028. Joining us: Henry Ward, Carta, and Apoorv Agrawal, Altimeter Capital.

Wall Street is watching May 22 closely as OpenAI reportedly prepares for a potentially confidential IPO filing.

Interactive Brokers (IBKR) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.

Investors should not overlook dividend-paying stocks in favor of high-flying tech stocks. Five high-momentum bank stocks with juicy dividends are TD, MS, C, JPM, and PNC.

(Bloomberg) -- AvalonBay Communities Inc. and Equity Residential agreed to merge in an all-stock transaction that will unite two of the biggest apartment real estate investment trusts with a combined market value of more than $50 billion.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Goldman CEO Slides Into Musk’s DMs During Bid to Lea

Goldman Sachs and Morgan Stanley will serve as the two lead investment banks on the SpaceX IPO, which includes 23 investment banks in total.

Strategy Inc. (NASDAQ:MSTR) CEO Michael Saylor and other Bitcoin

CNBC's TechCheck brings you the latest in tech news from CNBC's 1 Market in the heart of San Francisco.

Goldman and Morgan Stanley are battling for top billing as SpaceX targets a more than $2 trillion valuation.

(Bloomberg) -- Najimah Roberson, a lifelong renter, spent the past two years searching around Harrisburg, Pennsylvania, for a home she could afford — getting outbid nearly 30 times along the way.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Goldman CEO Slides Into Musk’s DMs During Bid to Lead SpaceX IPOStocks Fall as US-Iran Standoff

Investing.com -- IT hardware stocks have rallied sharply in recent months, but Morgan Stanley warned that peak valuations and mounting cyclical risks make the sector vulnerable to negative earnings revisions in the second half of the year.

Josh Brown, CEO of Ritholtz Wealth Management, joins CNBC's "Halftime Report" to spotlight Morgan Stanley.

Shares of Tesla Inc.‘s (NASDAQ:TSLA) Chinese rival Li Auto Inc. (NASDAQ:LI) have seen its Benzinga Edge value score surge to 93.52 percentile, revealing a glaring disconnect between its battered equity price and fundamental worth. Deep Fundamental Value Amid Market Selloff While short, medium, and long-term price trends remain heavily pressured, value score expansion comes after a punishing year for the EV manufacturer, with shares tumbling 42.73% over the past 12 months. Benzinga Edge Stock Ran

(Bloomberg) -- Global stockpiles of crude oil and products are being drawn down at a record pace this month as the war in the Middle East drags on, curtailing supplies, according to Goldman Sachs Group Inc.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical Investors AI Is Ready to Go MainstreamUS Treasuries Rebound

Citizens Financial Group recently faced critical analyst commentary flagging muted revenue growth and pressure on net interest income, while also outlining upcoming investor engagements such as its June 2026 Morgan Stanley conference appearance and July 2026 second-quarter earnings call. This mix of cautious growth assessments and active outreach to the financial community highlights a tension between profitability concerns and management’s efforts to explain its trajectory to...

(Updates with the offering's underwriters in the sixth paragraph) Space Exploration Technologies

CNBC's Leslie Picker reports on the latest news from SpaceX.

CNBC’s Morgan Brennan reports SpaceX filed for a record IPO, revealing strong Starlink growth, rising AI spending tied to xAI and major investments in Starship despite widening losses.

Investors may be wondering if Morgan Stanley at around US$197.77 per share still offers value, or if most of the upside is already reflected in the stock. The stock shows returns of 2.0% over 7 days, 3.7% over 30 days, 8.7% year to date, 61.6% over 1 year and 160.0% over 5 years, which has put valuation firmly on many investors' radar. Recent coverage has focused on Morgan Stanley's position as a global financial institution and how investor sentiment around large US financial stocks has...

Japan's largest lenders may face some challenges to keep profit levels at record highs, amid higher credit costs and current geopolitical risks

Morgan Stanley is bullish on Take-Two Interactive (TTWO), as investors now have a clear release date of Nov. 19, 2026, for the company’s long-awaited Grand Theft Auto VI release. Specifically, the firm's analysis of past major game launches, as the Globe and Mail reported, shows that game publisher ...

(Bloomberg) -- US insurer Aflac Inc. on Thursday sold a yen bond totaling ¥65.9 billion ($415 million) across four tranches, joining a wave of foreign issuers tapping Japan’s credit market.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Threatens to Retaliate Beyond Middle East If US AttacksSpaceX Filing Reveals $4.28 Billion Loss, Musk’s Tight GripHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS Lawmakers Plan New $130 Fee for Electr