Morgan Stanley’s net profit fell 13 per cent during the second quarter, as chief executive James Gorman’s wealth management drive failed to offset declines in trading. For the second quarter, Morgan Stanley reported net income to shareholders of $2.2bn, down from $2.5bn a year earlier and in line with analysts’ estimates, according to data compiled
In this article NOV.N-CH MASI BK Follow your favorite stocksCREATE FREE ACCOUNT 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
“I see music as fluid architecture,” legendary singer and songwriter Joni Mitchell told the New York Times in a 1991 interview. Debbe Daley saw it as an inspiration for interior architecture when she remodeled a room in her Portsmouth, New Hampshire home as a music studio for herself and her husband. The interior designer and
The Evergrande Group headquarters building in Shenzhen is pictured on January 11, 2022 in Shenzhen, Guangdong Province of China. Liang Xiashun | Visual China Group | Getty Images China Evergrande Group posted a combined loss of $81 billion in its long overdue earnings report late on Monday. The world’s most indebted property developer fell into
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“No man is an island.” ?️ Explore the profound meaning behind this expression and how it applies to your investing journey. If you are searching for a bit of inspiration or, moreover, a community of like-minded investors, this video will be a perfect fit. In this latest video of the series, we explain the advantages
Despite several high-profile cryptocurrency implosions, the number of people working in the industry has soared over the past four years. According to findings by the crypto research startup K33, the number of crypto-related employees has surged nearly 160% since 2019. In a report titled “The Emerging Crypto Industry,” K33 estimated that the total headcount of
Municipals were slightly firmer to start off the week as a larger new-issue calendar looms, while U.S. Treasury yields fell and equities ended the session up. Triple-A yields fell one to two basis points while UST fell two to three. Munis started off last week at “extremely rich valuations throughout most of the curve after
Bitcoin continues to shoulder the market, as digital asset inflows saw positive movement for the fourth consecutive week, with $137 million incoming. According to CoinShares, this brings the four-week total to $742 million — correcting the nine weeks’ worth of outflows before the streak began and marking the largest inflow run since the fourth quarter
ChatGPT eats cannibals ChatGPT hype is starting to wane, with Google searches for “ChatGPT” down 40% from its peak in April, while web traffic to OpenAI’s ChatGPT website has been down almost 10% in the past month. This is only to be expected — however GPT-4 users are also reporting the model seems considerably dumber
Property owners fighting Oklahoma Turnpike Authority extension plans blasted the agency in filings this week with the state supreme court, which is nearing a decision on the validity of initial bonds for the $5 billion project. The briefs took issue with OTA’s response last month to questions from the high court concerning the U.S. Bureau
Microsoft will next week face its first formal EU antitrust investigation in 15 years over claims the US tech giant is unfairly tying its video conferencing app Teams with its popular Office software. The push from the European Commission, the EU’s executive body, comes after Microsoft’s concessions to appease competition concerns proved insufficient, four people
In this article BLK Follow your favorite stocksCREATE FREE ACCOUNT Andrew Ross Sorkin speaks with BlackRock CEO Larry Fink during the New York Times DealBook Summit in the Appel Room at the Jazz At Lincoln Center on November 30, 2022 in New York City. Michael M. Santiago | Getty Images BlackRock‘s move into crypto fits
In this article YELP TSLA CHWY Follow your favorite stocksCREATE FREE ACCOUNT An Activision Blizzard’s Call of Duty: Modern Warfare video game is inserted into the Microsoft’s Xbox One video game console. Michael Ciaglo | Bloomberg | Getty Images Check out the companies making the biggest moves before the bell: Activision Blizzard — The video-game
Ever since Lindsay Lohan announced her pregnancy in March 2023, fans have been anticipating her latest project, a baby boy with husband Bader Shammas. No one is more excited about this than Sara Adam Slywka, cofounder of Nestig, which recently collaborated on a line of ocean-themed nursery accessories with the actress. Slywka tells me, “Lindsay
A new housing development built along a canal near the Mokelumne River is viewed on May 22, 2023, near Stockton, California. George Rose | Getty Images Lawrence Yun has as big a stake in the Federal Reserve’s moves as any economist: As the chief economist for the National Association of Realtors, his industry is a
Another “Big Four” bank in Australia has said it will put blocks on certain cryptocurrency platforms, citing high levels of scams risk in the industry. National Australia Bank (NAB) on July 17 officially announced a set of new measures to protect customers from fraud as part of its “bank-wide scam strategy.” Alongside halting “millions in
New York City’s capital program will be getting a much-needed bond boost as the New York City Transitional Finance Authority readies a sale of $1.08 billion of future tax-secured subordinate debt. Proceeds from the sale will be used to fund infrastructure projects in the city’s $164.8 billion 10-year capital plan. The fiscal 2024 executive capital
In the latest episode of Market Talks, show host and Cointelegraph head of markets Ray Salmond sat down with Polkadot ambassador and content creator KryptosChain to discuss the current state of the crypto market and drastic changes taking place in the Polkadot ecosystem. According to KryptosChain, the crypto market is possibly rounding the last corner of
The Texas Legislature took final action Thursday on a massive property tax cut after beating back attempts in the House to include teacher pay increases and other measures in the bill. Senate Bill 2, which passed the Senate in a 31-0 vote, cleared the House in a 133-4 vote. Texas Gov. Greg Abbott, who advocated