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Morgan Stanley

Alphabet’s new CFO was in the middle of the GLP-1 boom. Now she’s onto generative AI

June 6, 2024 by Admin
Alphabet’s new CFO was in the middle of the GLP-1 boom. Now she’s onto generative AI

Alphabet incoming CFO Anat Ashkenazi, who spent 23 years at Eli Lilly Eli Lilly Alphabet’s outgoing finance chief, Ruth Porat, spent the past year and a half trying to help her internet company navigate the generative artificial intelligence boom. The person who was just named her successor was knee-deep in …

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New basketball league Unrivaled lands star-studded investor lineup, aims to pay highest average salary in women’s pro league sports

May 30, 2024 by Admin
New basketball league Unrivaled lands star-studded investor lineup, aims to pay highest average salary in women’s pro league sports

Napheesa Collier #24 of the Minnesota Lynx shoots a free throw during the game against the New York Liberty on May 25, 2024 at Target Center in Minneapolis, Minnesota.  Jordan Johnson | National Basketball Association | Getty Images A new women’s basketball league has attracted a star-studded roster of investors …

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More and more stocks are joining the market’s rally to new highs. Here’s why and when to buy

May 17, 2024 by Admin
More and more stocks are joining the market’s rally to new highs. Here’s why and when to buy

Wall Street’s 19-session journey back to all-time highs has been swift but healthy. The S & P 500 on Wednesday closed above 5,300 for the first time ever. One day later, the Dow made history by topping 40,000. Despite a slightly lower close Thursday and a mixed bag Friday, the …

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Ahead of retail earnings, here’s what we know about the consumer so far

May 7, 2024 by Admin
Ahead of retail earnings, here’s what we know about the consumer so far

A customer walks through The Home Depot store on February 20, 2024 in Austin, Texas.  Brandon Bell | Getty Images The state of the consumer in 2024 is already taking shape — even before the country’s major retailers begin to report first-quarter earnings, starting with Home Depot and Walmart next …

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Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

April 23, 2024 by Admin
Walmart-backed fintech One introduces buy now, pay later as it prepares bigger push into lending

Customers shop in a Walmart Supercenter on February 20, 2024 in Hallandale Beach, Florida. Joe Raedle | Getty Images News | Getty Images Walmart’s majority-owned fintech startup One has begun offering buy now, pay later loans for big-ticket items at some of the retailer’s more than 4,600 U.S. stores, CNBC …

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S&P 500 closes lower as Powell warns rates need to stay high, Dow snaps 6-day losing streak: Live updates

April 16, 2024 by Admin
S&P 500 closes lower as Powell warns rates need to stay high, Dow snaps 6-day losing streak: Live updates

Dow closes higher Traders work on the floor at the New York Stock Exchange. Brendan McDermid | Reuters The Dow finished Tuesday higher, snapping a six-day losing streak. The blue-chip index ended 0.2% up, its first positive session of the last seven. The S&P 500 and Nasdaq Composite closed 0.2% …

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Earnings playbook: Your guide to trading the biggest reports of the week, including Netflix and Goldman Sachs

April 14, 2024 by Admin
Earnings playbook: Your guide to trading the biggest reports of the week, including Netflix and Goldman Sachs

First-quarter corporate earnings kick into high gear this week with some of the biggest U.S. banks and the leading streaming company slated to report. More than 35 S & P 500 companies are on deck to post their latest quarterly figures, including Goldman Sachs, Bank of America and Morgan Stanley. …

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JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects

April 11, 2024 by Admin
JPMorgan Chase is set to report first-quarter earnings — here’s what the Street expects

Jamie Dimon, President and CEO of JPMorgan Chase, speaking on CNBC’s “Squawk Box” at the World Economic Forum Annual Meeting in Davos, Switzerland, on Jan. 17, 2024. Adam Galici | CNBC JPMorgan Chase is scheduled to report first-quarter earnings before the opening bell Friday. Here’s what Wall Street expects: Earnings: …

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Biotech stocks are ready to break out. They just need one more thing

April 10, 2024 by Admin
Biotech stocks are ready to break out. They just need one more thing

While debate rages on about when the Federal Reserve might start cutting interest rates, biotech industry analysts are making the case that the argument for stocks in the sector is growing. The central bank has held rates steady since last July as it patiently waits for more signs that inflation …

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Disney wins proxy fight against activist investor Nelson Peltz, as shareholders reelect full board

April 3, 2024 by Admin
Disney wins proxy fight against activist investor Nelson Peltz, as shareholders reelect full board

(L to R) Chief executive officer and chairman of The Walt Disney Company Bob Iger and Mickey Mouse look on before ringing the opening bell at the New York Stock Exchange (NYSE), November 27, 2017 in New York City.  Drew Angerer | Getty Images Disney shareholders on Wednesday reelected the …

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