Star technology banker Michael Grimes is in discussions to leave Morgan Stanley to work for the Trump administration, according to people familiar with the matter. Grimes is among the biggest names in banking,

It’s been just over two years since ChatGPT introduced the world to the capabilities – and the potential – of generative AI. It caught our

On Wednesday, Microsoft ( MSFT, Financial) shares grew nearly 3% despite Morgan Stanley lowering their price target from $548 to $540. However, the investment company kept its Overweight rating to reflect its belief in Microsoft's future growth while standing behind Microsoft's market leadership and new artificial intelligence technology prospects.

Morgan Stanley's top-performing investment bankers and traders in Asia will see up to a 50% increase in bonuses due to robust business growth and a low-base effect of last year, according to two people with direct knowledge of the matter.

"As with any new administration coming in, potential policy changes can cause uncertainty in the markets," said Chris Larkin, Managing Director, Head of Trading and Investing, E*TRADE from Morgan Stanley. "That said, investors remain optimistic and resilient amid a soft start to 2025."

The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.

Morgan Stanley lowered the firm’s price target on Microsoft (MSFT) to $540 from $548 and keeps an Overweight rating on the shares. While noting

Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 5 were puts, with a value of $368,287, and 3 were calls, valued at $221,926.

Morgan Stanley said its profit more than doubled in the fourth quarter, fueled by its investment banking and trading businesses. Profit surged 145% to $3.71 billion. That amounted to $2.22 per share,

Morgan Stanley’s traders beat analysts’ estimates in the fourth quarter, joining their other Wall Street rivals in reporting a strong end to the year on volatility tied to the US elections and economic data in the final months of 2024.

Investors often prefer to invest in shares held by company insiders, as management is typically more aligned with the company’s success and shareholder interests. Currently, insiders own just 73.46% of Comstock Resources Inc (CRK)’s shares, while financial institutions hold 31.66%.

Morgan Stanley reported robust earnings surpassing market expectations, powered by significant gains in revenue and income.