Market Movers rounded up the best reactions from investors and analysts on Morgan Stanley . The pros, including Jim Cramer , discussed the bank as shares soared 6.5% after reporting second-quarter earnings and revenue that beat expectations before the market opened Tuesday. Morgan Stanley’s wealth management revenue rose 16% to $6.66 billion, a record high…
Walter “Walt” Bettinger, president and chief executive officer of Charles Schwab Corp., speaks during the 2015 Fortune Global Forum in San Francisco, California, on Tuesday, Nov. 3, 2015. David Paul Morris | Bloomberg | Getty Images Charles Schwab CEO Walt Bettinger said Tuesday that retail investors using his brokerage platform are showing signs of bullishness…
A man passes by a location of financial broker Charles Schwab in the financial district in New York, March 20, 2023. Brendan McDermid | Reuters Shares of brokerage firm Charles Schwab rose sharply Tuesday after the company’s second-quarter report topped expectations. Schwab generated 75 cents in adjusted earnings per share on $4.66 billion in revenue.…
Elon Musk, Chief Executive Officer of SpaceX and Tesla and owner of Twitter, gestures as he attends the Viva Technology conference dedicated to innovation and startups at the Porte de Versailles exhibition centre in Paris, France, June 16, 2023. Gonzalo Fuentes | Reuters Former Twitter employees in Ghana, who were laid off in November, have…
CEO of Morgan Stanley James Gorman speaks in New York, May 6, 2014. Getty Images Morgan Stanley on Tuesday posted second-quarter earnings and revenue that topped analysts’ expectations, helped by record wealth management results. Here’s what the company reported: Earnings: $1.24 a share, may not compare with $1.15 per share Refinitiv estimate Revenue: $13.46 billion…
A pedestrian walks by the Pinterest headquarters on April 09, 2019 in San Francisco. Justin Sullivan | Getty Images Check out the companies making the biggest moves before the bell: Bank of America — Bank of America added 0.4% in the premarket after beating top and bottom line estimates for the second quarter. BofA’s results were…
Former U.S. diplomat Henry Kissinger appears on a screen as he delivers a video address to the participants of the World Economic Forum (WEF) 2023, in the Alpine resort of Davos, Switzerland, January 17, 2023. Arnd Wiegmann | Reuters BEIJING — Henry Kissinger, a former U.S. secretary of State, met with China’s defense minister, Li…
Warren Buffett, chairman and CEO of Berkshire Hathaway, smiles as he plays bridge following the annual Berkshire Hathaway shareholders meeting in Omaha, Nebraska, May 5, 2019. Nati Harnik | AP Warren Buffett‘s Berkshire Hathaway dumped a significant portion of its stake in Activision Blizzard as Microsoft’s deal to buy the video game company edged closer to…
Market Movers rounded up the best reactions from investors and analysts on Tesla . The pros, including Jim Cramer , discussed the electric vehicle maker after Wells Fargo raised its price target to $265 a share from $170. Tesla also tweeted on Saturday that built its long-awaited first Cybertruck at its Texas gigafactory. The stock…
The Ford F 150 Lightning electric truck John Tlumacki | Boston Globe | Getty Images Check out the companies making the biggest moves midday: Ford — Shares of the automaker fell 5.1% after the company said prices on its electric F-150 Lightning pickups would fall as much as $10,000. All versions of the EV will…
