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Home Videos

Why Morgan Stanley is this analyst’s top banking pick

DeFi Daily News by DeFi Daily News
July 16, 2024
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Bank of America (BAC) and Morgan Stanley (MS) both reported their second quarter results with shares of Bank of America moving to the upside in pre-market trading as it expects net interest income to rise in the fourth quarter. Shares of Morgan Stanley are falling in pre-market trading on Tuesday as the firm’s wealth management net revenue missed estimates by $70 million.
The Morning Brief anchors Brad Smith and Seana Smith break down the latest earnings figures for these major banks and what it could mean for their stocks moving forward.
#stockmarket #stocks #youtube

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– Get the latest news and data at finance.yahoo.com

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Tags: analystsBankingBondsbusinessCurrenciesEquitiesFXInvestingInvestmentMarketMarketsMoneyMorganNewsNYSEPersonal FinancepickPoliticsSavingsStanleyStock marketstocksTopYahoo FinanceYahoo FInance Premium
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