Morgan Stanley Sees More Inflows Into Chinese Equities
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Yahoo
29 minutes ago
- Yahoo
Jim Cramer on Morgan Stanley's Earnings: 'Very Solid Set of Numbers'
Morgan Stanley (NYSE:MS) is one of the stocks Jim Cramer reflected on. During the episode, Cramer noted that while the firm posted very good numbers, its earnings were overshadowed by Goldman's stronger performance. 'Morgan Stanley, a healthy top and bottom line beat. All three of the divisions, institutional securities, wealth management, and investment management, beat expectations. And by the way, the wealth and investment management business here is on fire. They continue to see big inflows. They now have $8.2 trillion in combined total client assets. Sticky, fantastic business. Overall, very solid set of numbers from Morgan Stanley. Well, why didn't it roar? Well, I think the company's actually hurt by the fact it reported the same day as Goldman Sachs. 4kclips/ Morgan Stanley (NYSE:MS) delivers financial services, including capital markets advisory, trading, wealth and investment management, lending, and research. While we acknowledge the potential of MS as an investment, we believe certain AI stocks offer greater upside potential and carry less downside risk. If you're looking for an extremely undervalued AI stock that also stands to benefit significantly from Trump-era tariffs and the onshoring trend, see our free report on the best short-term AI stock. READ NEXT: 30 Stocks That Should Double in 3 Years and 11 Hidden AI Stocks to Buy Right Now. Disclosure: None. This article is originally published at Insider Monkey.
Bloomberg
30 minutes ago
- Bloomberg
Live Q&A: How Trump's Immigration Policy Is Impacting the US Economy
On this episode of Stock Movers: - GoPro (GPRO) shares surge along with Krispy Kreme and Beyond Meat. Wall Street has been captivated in recent days by the resurgence in a handful of stocks popular on the WallStreetBets page of Reddit, known for sparking past bouts of meme-stock mania. Daniela Hathorn, senior market analyst at says the surges have been driven by a mix of social media buzz, short squeezes, and technical breakouts, despite little to no change in the companies' underlying business fundamentals. - Morgan Stanley (MS) shares are little changed after news of being probed by the Financial Industry Regulatory Authority over its vetting of clients for the risk of money laundering. That's according to Wall Street Journal reporting. - Texas Instruments (TXN) shares plunge after the company issued a third-quarter forecast that was more guarded than some investors had anticipated. The main concern is whether tariffs and trade disputes will hurt a sales resurgence, with executives acknowledging they don't know how much of the 16% revenue jump came from tariff-related "pull in."
CNBC
32 minutes ago
- CNBC
Amazon closes Shanghai AI research lab in latest cost-cutting move
Amazon is shuttering its research lab in Shanghai focused on artificial intelligence development, the latest belt-tightening move by the e-commerce and cloud computing giant. Wang Minjie, an applied scientist at the lab, wrote in a WeChat post earlier this week that Amazon disbanded the team due to "strategic adjustments amid U.S.-China tensions." Amazon spokesperson Brad Glasser said in a statement that the company "made the difficult business decision to eliminate some roles across particular teams" in its Amazon Web Services unit. The Financial Times was first to report on the lab closure. Amazon announced layoffs at AWS last week, with U.S. teams focused on marketing and training and certification among those that were impacted. Geopolitical tensions between the world's two largest economies have pushed a growing number of American corporations to reduce or discontinue their operations in China. President Donald Trump's aggressive tariff policies have accelerated that shift, while the Chinese government has called for self-sufficiency in AI and technology development. The U.S. has also placed restrictions on China, limiting its ability to buy chips and chip-making equipment, including from companies like Nvidia and Advanced Micro Devices, that can be used to train AI models. Some of those restrictions have since eased. AWS established the Shanghai lab in 2018 with a focus on areas like natural language processing and machine learning. The company has retreated from China over the past several years. In 2022, Amazon discontinued its Kindle e-book store in the region, after shuttering its e-commerce marketplace in China in 2019.
