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Sen. Elizabeth Warren, D-MA, asked three regulators to revoke their approval of a Morgan Stanley restructuring, drawing parallels to scandals that engulfed JPMorgan Chase and Citi.

(Bloomberg) -- Higher prices at the pump are making Avarisse Crawford rethink her spending. The 33-year-old has started scaling back her “fun budget,” meaning fewer steak dinners and happy hours with coworkers — instead she’s seeking out free activities, like going to the park.Most Read from BloombergBungie Plans Layoffs After Ending ‘Destiny 2’ DevelopmentSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Iran in Talks With

Morgan Stanley is staying bullish on Spotify (SPOT), reiterating an overweight rating and a $590 price target, implying more than 30% upside from current levels. The firm's note, titled "Investor Day Preview: Don't Stop Believing," argues that Spotify has earned significantly more credibility with ...

I have been watching the housing market do something unusual for the better part of two years — stand completely still. Mortgage rates stay elevated. Existing homeowners won't sell. Buyers can't afford to buy. And yet Home Depot (HD), the retailer most directly wired to housing activity, keeps the ...

There are stock calls that feel cautious and measured. And then there are the ones that make you sit up straight. Morgan Stanley just raised its CrowdStrike (CRWD) price target in a note shared with me at TheStreet on May 20. In fact, it's a $100 increase on a stock that has already moved 40% in ...

(Bloomberg) -- Elon Musk’s reshaping of SpaceX, xAI and X into a tightly-bound conglomerate has already yielded a significant financial windfall: nearly $1 billion in annual interest savings.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Modi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran in Talks With Oman Over Permanent Hormuz Toll SystemStocks and Oil Whipsaw on Mixed US-Iran Si

The details that Elon Musk’s SpaceX outlined about its initial public offering this week showcase the rocket company’s ties across Wall Street, and its own ambitions in the financial sector. SpaceX owns xAI, Musk’s artificial-intelligence start-up, which in turn owns X, formerly known as Twitter. It may expand into other financial offerings, SpaceX wrote in the filing.

(Bloomberg) -- Kalshi Inc. is raising an additional $200 million, broadening a funding round that had already brought in $1 billion, according to a person familiar with the situation.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Goldman CEO Slides Into Musk’s DMs During Bid to Lead SpaceX IPOStocks Rise and Oil Falls on US-Iran Deal H

Space Exploration Technologies, widely known as SpaceX, has filed for an initial public offering in

(Bloomberg) -- AvalonBay Communities Inc. and Equity Residential agreed to merge in an all-stock transaction that will unite two of the biggest apartment real estate investment trusts with a combined market value of more than $50 billion.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockIran Says the US’s Latest Proposal Has ‘Narrowed the Gaps’Goldman CEO Slides Into Musk’s DMs During Bid to Lea

Goldman and Morgan Stanley are battling for top billing as SpaceX targets a more than $2 trillion valuation.

Goldman Sachs and Morgan Stanley will serve as the two lead investment banks on the SpaceX IPO, which includes 23 investment banks in total.

(Bloomberg) -- Global stockpiles of crude oil and products are being drawn down at a record pace this month as the war in the Middle East drags on, curtailing supplies, according to Goldman Sachs Group Inc.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaModi’s Toffee Gift to Meloni Ignites Rally in Wrong Indian StockSpaceX Shows $4.3 Billion Loss as Musk Targets Record IPOIran Threatens to Retaliate Beyond Middle East If US AttacksNvidia Tells Skeptical In

(Updates with the offering's underwriters in the sixth paragraph) Space Exploration Technologies

Morgan Stanley is bullish on Take-Two Interactive (TTWO), as investors now have a clear release date of Nov. 19, 2026, for the company’s long-awaited Grand Theft Auto VI release. Specifically, the firm's analysis of past major game launches, as the Globe and Mail reported, shows that game publisher ...

(Bloomberg) -- US insurer Aflac Inc. on Thursday sold a yen bond totaling ¥65.9 billion ($415 million) across four tranches, joining a wave of foreign issuers tapping Japan’s credit market.Most Read from BloombergSpot the Difference: Putin Gets Trump Treatment From Xi in ChinaIran Threatens to Retaliate Beyond Middle East If US AttacksSpaceX Filing Reveals $4.28 Billion Loss, Musk’s Tight GripHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranUS Lawmakers Plan New $130 Fee for Electr

Goldman Sachs took the coveted lead left position for banks on the SpaceX filing, but Morgan Stanley is named as the stabilization agent for the offering, another desirable role. That means it is in charge of overseeing the deal’s early share trading.

Tammy Kiely, senior managing director in technology investment banking at Evercore Inc., and Wally Cheng, Morgan Stanley's head of global technology M&A, discuss the outlook for dealmaking in the artificial intelligence sector. They speak with Dani Burger on ``Bloomberg Deals.''

ChatGPT parent OpenAI is working with bankers in preparation for filing an initial public offering that could arrive in the coming days or weeks, The Wall Street Journal reported, citing people familiar with the matter. The Journal, citing unnamed sources, reported that bankers at Goldman Sachs Morgan Stanley and other institutions have been helping OpenAI draft an IPO prospectus that it plans to file confidentially with regulators soon, and could be as soon as Friday. News Corp owner of The Wall Street Journal and Barron’s, has a content-licensing partnership with OpenAI.

Musk's SpaceX IPO Shockwave: Goldman Sachs Chosen for Historic Market Debut

Goldman Sachs and Morgan Stanley are leading banks on SpaceX's planned IPO, which could surpass Saudi Aramco's 2019 listing.

OpenAI has been working with bankers to prepare to file for an IPO in the coming days or weeks, the Journal reported. Goldman Sachs, Morgan Stanley and other banks have been helping the ChatGPT maker on a draft prospectus it plans to file confidentially with regulators soon, possibly as early as Friday, people familiar with the matter said.

ChatGPT-maker OpenAI has been working with bankers to prepare to file for an initial public offering in the coming days or weeks, according to people familiar with the matter. Bankers at firms including Goldman Sachs and Morgan Stanley have been helping the artificial-intelligence giant on a draft IPO prospectus it plans to file confidentially with regulators soon, possibly as early as Friday, some of the people said. The goal is for OpenAI, led by Sam Altman, to be ready to go public as early as September, some of the people said.

Investing.com -- Upcoming first-quarter earnings from software companies are unlikely to be the catalyst for a broad re-rating of the software-as-a-service sector, Morgan Stanley said, even if results come in ahead of expectations.

SpaceX appears to have tapped Goldman Sachs to be lead bookrunner for its massive initial public offering.

Newell Brands (NWL) faces continued cost pressures and weaker discretionary demand that could weigh

(Bloomberg) -- Lowe’s Cos. reported sales growth in the first quarter that just missed estimates, yet kept its full-year outlook unchanged in the face of higher transportation costs, in part due to productivity boosts from artificial intelligence.Most Read from BloombergUS Lawmakers Plan New $130 Fee for Electric Vehicle OwnersHasbro Cancels Dungeons & Dragons Game From ‘Star Wars’ VeteranNATO Is Starting to Consider Hormuz Mission to Protect ShipsUS 30-Year Yield Hits Highest Since 2007 as Sell

Investing.com -- ZTO Express shares slipped despite the Chinese parcel delivery group posting 5.2% growth in first-quarter adjusted net income and recording a second consecutive quarter of market share gains.

Conflicting signals could make things even more confusing for investors.

May 19 () - Goldman Sachs is expected to secure the much-coveted lead left position in Elon Musk's rocket and satellite maker SpaceX's ‌initial public offering, a source familiar with the matter told ‌on Tuesday. The position refers to the bank that holds the most senior and prominent role ​among all the underwriters of an IPO deal.