PYMNTS-MonitorEdge-May-2024

Morgan Stanley

Morgan Stanley is an American multinational investment bank and financial services company headquartered at 1585 Broadway in the Morgan Stanley Building, Midtown Manhattan, New York City.

Source: morganstanley.com

Report: Spanish Travel Tech Company Hotelbeds Considers IPO
Report: Spanish Travel Tech Company Hotelbeds Considers IPO
September 18, 2023  |  IPO

Spanish travel technology firm Hotelbeds is reportedly considering an initial public offering (IPO) next year, with plans to sell more than €1 billion (about $1.07 billion) worth...

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Morgan Stanley to Launch AI-Powered Assistant for Financial Advisers
Morgan Stanley to Launch AI-Powered Assistant for Financial Advisers
September 18, 2023  |  artificial intelligence

Morgan Stanley will launch an artificial intelligence (AI)-powered assistant for financial advisers and their support staff Monday (Sept. 18). The investment bank and wealth management...

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Barclays CEO Says Job Cuts Are in Line With Industry
Barclays CEO Says Job Cuts Are in Line With Industry
September 11, 2023  |  Banking

Barclays Plc plans to cut hundreds of jobs, following many other financial institutions that have done the same. CEO C.S. Venkatakrishnan told CNBC Monday (Sept. 11) that...

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Goldman Sachs Highlights Optimism in AI Stocks
Goldman Sachs Highlights Optimism in AI Stocks
September 05, 2023  |  artificial intelligence

Artificial intelligence (AI) is more than just a buzzword. Goldman Sachs Group strategists argue that AI stocks have strong fundamentals and valuations that are not excessive...

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Healthcare Sector Will Devote 10.5% of Spending to AI
Healthcare Sector Will Devote 10.5% of Spending to AI
September 05, 2023  |  artificial intelligence

The healthcare sector is projected to nearly double its spending on artificial intelligence (AI). A recent report by Morgan Stanley says that the amount allocated...

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Banks’ Cautious Approach to Generative AI Is More Internal Than Customer-Facing
Banks’ Cautious Approach to Generative AI Is More Internal Than Customer-Facing
July 25, 2023  |  artificial intelligence

Generative artificial intelligence (AI) has quickly become one of the most important topics of our time, and global banks are beginning to explore the possibilities...

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Swiss Watch Industry Boosts Earnings by Raising Prices
Swiss Watch Industry Boosts Earnings by Raising Prices
May 08, 2023  |  Retail

The Swiss watch industry is reportedly dealing with competition from smartwatches by raising prices. The industry earned more than ever before in 2022 by raising...

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Morgan Stanley Says Marqeta Earnings Face Growth Pressure
Morgan Stanley Says Marqeta Earnings Face Growth Pressure
April 03, 2023  |  Stock Index

Marqeta stock dipped 4.2% Monday morning (April 3) after being downgraded by Morgan Stanley. The stock of the provider of card issuing and payment solutions...

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Morgan Stanley: Microsoft App Store Could Bite Into Apple
Morgan Stanley: Microsoft App Store Could Bite Into Apple
March 21, 2023  |  Apple

A Microsoft app store could potentially pose a major threat to Apple, Morgan Stanley says. Analysts for the investment firm said in a note to...

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