Financial News

The three largest US public pension funds demanded Elon Musk rewrite SpaceX's IPO governance, but Polymarket still prices a June listing at 71%.

Ford Motor shares have been on a tear the past couple days, rising on buzz over its ties to the energy storage market.

Cerebras is taking advantage of a bull market for silicon, as the chipmaker becomes one of the most notable pureplay AI IPOs to date.

Stablecoins, tokenized real-world assets and AI-powered payments are rapidly pushing crypto deeper into mainstream finance, according to industry experts.

(Bloomberg) -- Bankers were still putting the final touches on Alphabet Inc.’s blockbuster $17 billion of bond sales when word started to spread Monday morning on Wall Street: the company is already hawking more debt.Most Read from BloombergIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightTrump Lands in China for Xi Trade Summit With Iran War in LimboThis

(Bloomberg) -- It’s not just US retail investors piling into any asset connected to space exploration. Europeans want in, too. Most Read from BloombergIran’s Kharg Island Oil Jetties Empty Again Yesterday, Satellite ShowsAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightTrump Lands in China for Xi Trade Summit With Iran War in LimboShares in British SpaceX supplier Filtronic Plc are up 257% in a year, while German satellite

China earnings could turn more favorable after summer as exports, reflation, and capex demand support profit momentum.

Hedge fund Citadel has moved some of its core researchers out of Hong Kong, telling members of its global quantitative strategies team in recent months that they had to either relocate or leave the...

Price targets for GE Aerospace now span from recent cuts of US$7 to US$27 at the low end, up to US$425 at the high end, marking a wide spread in what analysts think the stock could be worth. Those shifts track a split narrative, with bullish firms lifting targets to US$405 and US$425 on greater confidence in earnings and cash flow, while more cautious voices trim numbers and flag that a lot of good news may already be priced in. Read on to see how to keep up with this evolving story and what...

Oil companies entered earnings season with higher commodity prices at their backs, but investors are still watching one issue more closely than almost anything else: spending discipline. In the Morgan Stanley note given to TheStreet, analyst Devin McDermott and his team said oil exploration and ...

Akamai Technologies stock rises Wednesday after Bank of America upgraded the stock following last week’s $1.8 billion AI deal.

For more than two decades, consecutive U.S. administrations have seen India as a counterbalance to China's growing influence in the Indo-Pacific.

(Bloomberg) -- Elon Musk’s xAI has recruited multiple Wall Street firms with ties to the billionaire’s business empire to test its Grok chatbot, according to people familiar with the matter, part of a push to bolster revenue ahead of parent company SpaceX’s initial public offering.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueInside a Yea

We just covered the Chris Rokos Stock Portfolio: Top 10 Stock Picks and Morgan Stanley (NYSE:MS) ranks 9th on this list. Morgan Stanley (NYSE:MS) is another relatively new addition to the 13F portfolio of Rokos Capital Management. The fund first disclosed a stake in the company back in the first quarter of 2024. This position […]

Cerebras raised $5.55 billion in its IPO, and with the chipmaker's offering, investors are gearing up for some even bigger AI deals later this year.

Washington, May 13 .- Economist Kevin Warsh became the new Chairman of the United States Federal Reserve on Wednesday after the Senate approved his nomination to lead the central bank of the world's...

Britain’s economy has ground to a halt and will effectively fail to grow for the rest of the year, investment bank Morgan Stanley has warned.

Akamai Technologies stock rises Wednesday after Bank of America upgraded the stock following last week’s $1.8 billion AI deal.

U.S. stocks are likely set for a historic run over the next two years, with gains not seen on Wall Street since the dot-com era of the late 1990s. The compelling push to mark stocks higher has prompted a response from one of Wall Street’s longstanding bears, who now sees U.S. stocks rising to as high as 8000 points by the end of this year, and to 8300 points over the next 12 months, amid a hot domestic economy, public to private rebalancing, and broadening earnings performance beyond the megacap tech space. Morgan Stanley’s Mike Wilson, famously one of Wall Street’s most skeptical analysts during the bull market that developed after the launch of OpenAI’s ChatGPT in November 2022, sees stocks powering to record highs this year and next, with a 12-month price target for the that would suggest gains of around 130% on a five-year basis.

Growth remains soft in Canada and government spending supports activity against weaker demand, said

May 13 - Musk's xAI races to get Wall Street firms to use Grok chatbot - Bloomberg News Apollo Global Management Inc. and Morgan Stanley have begun using Grok internally alongside software from...

The bank now sees the yuan reaching 6.70 near term as trade sentiment and growth improve.

Morgan Stanley (NYSE:MS) has joined AI-driven bond trading platform LTX as a fully integrated liquidity provider. The move connects Morgan Stanley to an electronic corporate bond marketplace that uses AI tools to support trading and liquidity. This development reflects ongoing efforts across fixed income markets to increase electronic trading and improve access to liquidity for institutional clients. Morgan Stanley, trading at $191.88, has delivered a return of 51.9% over the past year and...

The fair value estimate for Advanced Enzyme Technologies is held at ₹370, with analysts choosing not to shift their valuation anchor despite refreshed model inputs. That steady price target lines up with commentary that the key question now is execution against the current plan rather than a change in the core story. As you read on, you will see how this stable ₹370 figure fits into the evolving analyst narrative and what it means for your own view on the stock. Stay updated as the Fair Value...

The IEA's oil market report for May noted that global oil supply declined by a further 1.8 million barrels per day in April.

(Bloomberg) -- Chinese companies’ second‑quarter profit outlook is set to improve after encouraging first‑quarter results, with rising exports and early signs of reflation boosting revenues, according to Morgan Stanley. Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyNvidia’s CEO Joins Trump in China With AI in the SpotlightMamdani Scraps Property Tax Hike, Counts Second-Home RevenueIn the fi

ROME, May 13 - The following factors couldaffect Italian markets on Wednesday. Reuters has not verified the newspaper reports, and cannotvouch for their accuracy. New items are marked...

(Bloomberg) -- By any measure, Tom Hu should be in default on a $730,000 bank loan for his plastics business in China. He barely brings in enough revenue to pay expenses and can’t cover the debt costs.Most Read from BloombergAmbani’s Cola War With Coke, Pepsi Spurs Fridge Bonanza in IndiaInside a Year of Chaos and Conflict at Kevin Hart’s Media CompanyIran Makes New Offer on Uranium in Response to US, WSJ SaysMamdani Scraps Property Tax Hike, Counts Second-Home RevenueYet rather than calling in

With a 5-year average dividend growth rate of 23.36%, Morgan Stanley (NYSE:MS) is included among the 14 Best Dividend Stocks to Buy for Steady Growth. On May 8, Citi raised its price recommendation on Morgan Stanley (NYSE:MS) to $194 from $170. It reiterated a Neutral rating on the stock. The firm updated targets across the banking sector […]

Morgan Stanley observes the finalised fuel security and resilience policy noted in the Commonwealth budget is a small positive for Viva Energy as financial support for fuel purchases over the near...