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(Bloomberg) -- It’s not just Morgan Stanley’s IPO bankers that are benefiting from the frenzy of companies going public in recent weeks.The bank hauled in $148 billion of net new assets in its wealth-management business in the second quarter, over half of which were tied to IPOs, according to a statement Wednesday. SpaceX’s record-breaking listing earlier this year proved to be a field day for Morgan Stanley and its Wall Street peers that helped take it public. Elon Musk’s space and artificial-i

As part of the bank’s defense initiative, $24 million will go toward a submarine facility and training skilled workers.

US equity futures were edging higher pre-bell Wednesday as traders considered the latest inflation d

Stock Market Today: The Dow Jones index wavered Wednesday ahead of key inflation data. ASML stock jumped on earnings.

The main US stock measures were trending higher in Wednesday's premarket activity as traders await t

Pre-Market Stock Futures: Futures are trading higher after a nice bounce-back day for Wall Street, as a tepid June consumer price index report, combined with the President dropping the big Strait of Hormuz tolls, brought buyers back to the table. When the final bell rang, all of the major indices finished the day higher. The ... Here Are Wednesday’s Top Wall Street Analyst Research Calls: Allstate, AMC Entertainment, Boeing, CAVA Group, Check Point Software, Digital Realty Trust, FedEx, IBM, UPS

The bank reported adjusted second-quarter earnings of $3.46 a share, blowing past Wall Street forecasts thanks to a surge in investment banking revenue.

Equities trading revenue jumped 69% to $6.3 billion in the second quarter, powering the bank to $21.35 billion in total revenue

Morgan Stanley’s profit jumped 58% in the second quarter, echoing bumper results at other big banks from strong trading and dealmaking activity. The report follows a slug of big bank earnings yesterday, which together pointed to how market turmoil and artificial intelligence-driven investment have supercharged Wall Street’s biggest moneymakers. Morgan Stanley’s investment banking revenue increased 58% from the prior year to $2.44 billion.

ASML raised its sales outlook for the second time this year, lifting semiconductor stocks even as oil prices climbed on renewed U.S. military action

BlackRock’s private-debt funds business took in a net $6 billion of new client money in the second quarter. The unit managed $151 billion in assets as of June.  Like some of its private-markets peers, the asset manager had imposed limits on how much money individual investors could pull from its largest retail private-credit fund during the last two quarters.

Apple’s artificial-intelligence system has secured government approval in China, clearing a major roadblock for the iPhone maker to introduce the service in the world’s largest smartphone market.

The Chinese electric-vehicle maker plans to launch its humanoid robot globally next year, as part of efforts to transform into a physical AI company.

IBM stock has its worst day ever, PayPal gets a takeover offer, big banks see deal boom time, and more news to start your day.

Chip-gear giant ASML rose with the Nasdaq and AI stocks at key levels. Oil prices topped $80 a barrel on new U.S. attacks vs. Iran.

Eaton Corporation is set to announce its second-quarter earnings in a few weeks, and Wall Street forecasts a single-digit increase in its profits.

Investing.com -- BlackRock shares rose about 3% in premarket trading Wednesday after the asset manager reported second-quarter earnings that comfortably beat expectations, driven by record inflows and strong organic growth across its platform.

​📈 Follow our live markets data and coverage. Investors hear a lot about the price of oil, despite the fact that they don’t buy, sell or consume it directly. The process of turning crude into the products actually used to keep the modern world moving is almost an afterthought.

U. S. stock futures traded modestly higher on Wednesday after inflation data came in below expectations, easing concerns that the Federal Reserve may need to raise interest rates in the near term.

Alphabet unit Google on Wednesday urged Europe's top court to dismiss EU antitrust regulators' appeal ‌against a lower court ruling that scrapped a €1.49 billion ($1.7 billion) fine, saying ‌the regulators' arguments were flawed. The dispute reached the Court of Justice of the European Union ​after regulators appealed a 2024 General Court ruling that annulled the fine imposed on Google in 2019. The lower court cited errors in the European Commission's assessment of the case.

July 15 (Reuters) - U.S. stock index futures edged higher as investors braced for a fresh wave of corporate earnings as well as producer inflation data due later Wednesday, while PayPal shares surged

Marathon Petroleum is set to report Q2 earnings next month, with analysts expecting triple-digit EPS growth.

Netflix is under pressure to reassure investors about its growth strategy when it reports second-quarter results ‌on Thursday, as its user engagement has faltered amid growing competition from ‌traditional media players, YouTube and mobile viewing. The streaming giant has shed over a fifth of its ​value this year due to doubts about its growth efforts, including an ad business that is still far from becoming a major revenue stream. • The advertising business — ⁠seen as crucial to Netflix's growth since the boost from its password-sharing crackdown and price hikes over the past two years fades — is expected to bring in $705.8 ​million in ​revenue.

(Bloomberg) -- In the span of just two weeks, Meta Platforms Inc. has gone from a market afterthought to one of its hottest stocks, as investors finally like what Facebook’s parent is saying about its artificial intelligence plans.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Buil

(Bloomberg) -- AdvanCell Pty, a biotechnology firm backed by Eli Lilly & Co., has raised $315 million in new funding, underscoring investor confidence in its experimental cancer therapy.Most Read from BloombergThailand Scraps Plan to End Visa-Free Entry for Indian TouristsTrump Drops 20% Fee for Hormuz Cargo After Gulf PressureUS Hits Iran With Strikes, Blockade as Trump Plans Hormuz ChargeOpenAI’s First Device Will Be Movable, Screenless Speaker Built as AI Companion‘We Faltered’: IBM Plunges M

Are we in an AI bubble or the next industrial revolution? Host Kenny Polcari discusses tech valuations, the likelihood of Fed rate cuts, and the path to S&P 8,000 with Opening Bell Media CEO Phil Rosen and StockBrokers.com Director of Investor Research Jessica Inskip.

Devon Energy is set to report Q2 earnings, with analysts expecting nearly 60% year-over-year EPS growth.

Top computer chip equipment maker ASML said its ‌capacity expansion plans in 2027 and ‌2028 unveiled on Wednesday along with second-quarter earnings ​take into account demand for its tools from Elon Musk's planned Terafab chip production facility in Texas. "We're in dialogue with ‌all our ⁠customers and we know ... what their building plans are," Chief Financial ⁠Officer Roger Dassen said on a call.

Virtually everything worked in big banks’ favor in the second quarter, but there’s no shortage of things that could go wrong.

Virtually everything worked in big banks’ favor in the second quarter, but there’s no shortage of things that could go wrong.