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Morgan Stanley stock soars under new CEO Ted Pick

Wall Street investors became bullish on Morgan Stanley after the investment banking giant reported first-quarter profit on Tuesday that blew away analysts’ expectations. This was the first quarter under new CEO Ted Pick. Morgan Stanley shares rose 2.5% on the New York Stock Exchange after the bank reported a 16% increase in revenue compared to […]

US stock futures inch higher as rate-driven rout eases – Investing.com

Investing.com — U.S. stock index futures rose slightly in Tuesday night trading as Wall Street appeared to be stabilizing after concerns about longer-term interest rates caused a series of steep losses. However, risk appetite remains fragile, especially given continued geopolitical tensions in the Middle East, and Fed officials reiterated the central bank’s outlook for interest […]

Jamie Dimon rakes in more than $180M from planned sale of JPMorgan stock

JPMorgan Chase & Co. CEO Jamie Dimon has sold about $33 million in stock in the bank, a regulatory filing revealed on Monday, up from a previously disclosed sale of 1 million shares. The plan is complete. Last October, JPMorgan announced that it intended to sell 1 million of the 8.6 million shares held by […]

Citi says this 'high risk' but 'attractive' global stock has 280% upside – CNBC

Citi has identified S4 Capital, a UK-based digital advertising and marketing services company, as a risky but potentially attractive investment opportunity. Despite the company’s recent struggles and bleak short-term outlook, Wall Street banks believe S4 Capital’s share price could rise as much as 280%, with a price target of 230p. UK stocks are normally priced […]

Stock futures are flat as key March inflation report looms: Live updates – CNBC

Traders work on the floor of the New York Stock Exchange during afternoon trading on April 9, 2024 in New York City. Michael M. Santiago | Getty Images Stock futures hovered near the flatline Tuesday night as investors awaited key U.S. inflation data that would inform the direction of the Federal Reserve’s interest rate policy. […]

Albany close to landmark pact to boost NYC housing stock, curb rents: sources

No one is satisfied with their housing. A reliable sign that a landmark housing package is nearing reality, with many parties making last-minute cries to get priority, including a final plan to increase the number of homes and apartments in the Big Apple. That’s what I’m raising. Negotiators have reached preliminary agreements on many key […]