If You Invested $1000 In This Stock 10 Years Ago, You Would Have This Much Today
Market Chatter: Morgan Stanley May Add Cryptocurrencies to E*Trade Platform
Express News | "Morgan Stanley Is Working On A Plan to Add Cryptocurrency Trading To Its E-Trade Platform-Bloomberg
Morgan Stanley plans to offer Cryptos Trade services to E*Trade customers.
Morgan Stanley plans to add cryptocurrency trading on its E*Trade platform, which would be the most significant step taken by major banks in the USA to help ordinary customers invest in such assets since the Trump administration began to remove regulatory barriers. The plan is still in the early stages, and sources say executives envision launching the service at some point next year. Morgan Stanley is considering partnering with one or more established crypto companies to create a trading mechanism for brokerage clients, allowing them to buy and sell popular cryptos including Bitcoin and Ethereum. A spokesperson for Morgan Stanley declined to comment. According to sources, the
Daiwa Securities Adjusts Price Target on Morgan Stanley to $120 From $117, Maintains Neutral Rating
E*TRADE From Morgan Stanley Releases Monthly Sector Rotation Study
What the Options Market Tells Us About Morgan Stanley
7 Financials Stocks With Whale Alerts In Today's Session
Market Chatter: Ares Management Seeks Lenders for Clearlake's Buyout of Dun & Bradstreet
Canadian Solar's Recurrent Energy Secures $415 Million Credit Facility
Express News | Chinese Sovereign Fund Cic to Sell U.S. Private Equity Investment Portfolio Worth $1 Billion in Secondary Market, Sources Say
Morgan Stanley Sustainable Signals: Individual Investors Continue to Show High Levels of Interest in Sustainable Investing in New Survey
Morgan Stanley Investment Management Extends Availability of Institutional Private Equity to Individual Investors
Morgan Stanley: Maintains HSBC Holdings 'Shareholding' rating with a Target Price of 83 Hong Kong dollars.
Morgan Stanley released a Research Report stating that it maintains a "Shareholding" rating for HSBC Holdings (00005), with a Target Price of HKD 83. Morgan Stanley believes that HSBC's first-quarter revenue exceeded expectations, mainly driven by non-interest income from wealth management, Bonds, and Stocks markets, therefore raising this year's expense and other income forecasts, while increasing this year's profit forecast by 1.2%. However, due to the impact of tariffs on trade-related income, profit forecasts for next year and the following year were lowered by 1.3% and 1.4%, respectively. The bank estimates that at fixed Exchange Rates, the group's first-quarter costs rose by 3.5%, and the target of a 3% increase in costs for the whole year is likely to be achieved. The guidance for net interest income of USD 42 billion is also achievable.
Summary of opinions: HSBC lowers the target for the S&P 500 Index, and Saudi Arabia may push OPEC+ to increase production again.
HSBC strategists have lowered the year-end target for the S&P 500 Index from 6,700 points to 5,600 points, stating that tariffs and slower-than-expected economic growth in the USA will pressure corporate profits. JPMorgan expects that Saudi Arabia may push OPEC+ to increase production again in June. Morgan Stanley believes that betting on a weaker dollar through Call options on the euro and yen is the best strategy. HSBC lowers the S&P 500 Index target, stating that tariffs and economic factors will put pressure on corporate profits.
Morgan Stanley Options Spot-On: On April 29th, 46,472 Contracts Were Traded, With 603.96K Open Interest
CIBC Introducing Additional U.S. Canadian Depositary Receipts
Wall Street Banks sold the final portion of the debt involved in Musk's acquisition of X.
A knowledgeable source said on Monday that a group of banks, including Morgan Stanley, Bank of America, Barclays, and Mitsubishi UFJ Financial Group, has sold the last portion of debt associated with billionaire Elon Musk's acquisition of the social media platform Twitter (X) for 44 billion dollars in 2022. The source added that loans worth 1.2 billion dollars were sold at a discount of 98 cents on the dollar, with a yield of 9.5%. Musk's close relationship with former President Donald Trump, along with the outlook for improved revenues at X, allowed the banks to reduce their holdings of 13 billion dollars related to the debt on their books over nearly two years.
Morgan Stanley: WUXI APPTEC's first quarter performance exceeds expectations, fundamentals remain strong, rating "Shareholding".
Morgan Stanley released a Research Report stating that WUXI APPTEC (02359) recorded revenue and adjusted net profit under non-GAAP accounting of RMB 9.65 billion and RMB 2.68 billion respectively in the first quarter, exceeding the bank's expectations. The main drivers were the USA and Europe markets, with revenue increasing year-on-year by 28% and 26% respectively, contributing nearly 80% of the income. The bank set a Target Price of HKD 85 for its Listed in Hong Kong with a rating of 'Shareholding'. Additionally, the company's backlog of Orders for ongoing Business expanded by 47% year-on-year to RMB 52.33 billion, which, based on the first quarter's pace, is equivalent to about 5 to 6 quarters. The bank also mentioned that as a contractor in the mainland.
Morgan Stanley: Swire Properties A's valuation has become attractive again, maintaining a Target Price of HKD 75 and a Shareholding.
Morgan Stanley released a Research Report stating that the Target Price for SWIRE PACIFIC A (00019) is maintained at HKD 75 with a "Shareholding" rating. The Net income for SWIRE PACIFIC's beverage Business in the fiscal year 2024 is expected to be HKD 2.04 billion. Even if the PE is 20 times, the per share value could be HKD 30. The current market price for SWIRE PACIFIC is approximately at a PE of 9 times for 2025 and a book value ratio of 0.38 times for 2024. The current dividend yield is 5.1%. The company plans to increase dividends by about 5% each year. Since the beginning of the year, the company has repurchased shares worth HKD 1.4 billion (accounting for 2.7% of the issued share capital). In 2024, it plans to buy back 5.85%.