Tesla NASDAQ:TSLA rose 6.26% intraday after the National Highway Traffic Safety Administration formally closed its engineering analysis into power steering loss affecting approximately 376,241 Model 3 and Model Y vehicles from the 2023 model year, following Tesla's over-the-air software recall and…
MORGAN STANLEY FLAGS FADING MOMENTUM IN CHIP RALLYThe semiconductor rally that has helped power Wall Street's advance is beginning to lose momentum, Morgan Stanley analysts said, flagging signs that the trade may be running out of steam.Earnings optimism for chipmakers appears stretched, with the b…
By Stephen GandelHow much would Wall Street lose if markets plunged 58%? According to the Federal Reserve, not much. The U.S. central bank’s latest stress tests project that JPMorgan NYSE:JPM, Bank of America NYSE:BAC, Citigroup NYSE:C, Morgan Stanley NYSE:MS and Goldman Sachs NYSE:GS would collect…
By Yantoultra NguiMynt, the parent of Philippine mobile wallet GCash, has filed for a proposed initial public offering in Manila that could raise as much as 92.3 billion pesos ($1.5 billion), the company said in a statement.At its maximum, the offer would be the Philippines' largest IPO, surpassing…
Morgan Stanley increased its Bitcoin exposure by 143.312 BTC through its spot Bitcoin exchange-traded fund, MSBT, according to Arkham monitoring data. According to ChainCatcher, the firm’s total Bitcoin holdings have reached 4,784 BTC.The report valued the latest addition at $8.54 million and Morga…
Morgan Stanley's $7B North Haven Private Income Fund imposed withdrawal limits after redemption requests neared 11.6%, citing liquidity strain in its private credit allocations to
