Key Takeaways A TikTok ban could go into effect in the U.S. on Sunday, leaving other companies to compete for its users’ attention and almost $10 billion in ad revenue.Meta could be the biggest winner given its large user base said analysts at Morgan Stanley.

Morgan Stanley is kicking off the new year with the creation of a new division—Integrated Firm Management—and put company veteran Mandell Crawley in charge. Crawley was most recently the head of human resources.

Shares of Morgan Stanley gained in early trading Thursday, after the bank and broker beat both profit and revenue expectations for the latest quarter, fueled by strength in the equity and bond trading businesses.

Morgan Stanley easily beat fourth-quarter profit and revenue estimates on strong equity trading and IPO activity.

Morgan Stanley turned in $3.7 billion of profit in the fourth quarter, up 147% from a year earlier and exceeding analysts’ estimates of $2.7 billion. The New York-based investment bank posted per-share earnings of $2.

Analyst Daniel Fannon of Jefferies maintained a Buy rating on Morgan Stanley (MS – Research Report), boosting the price target to $151.00.Stay

Profits at Bank of America (BAC) and Morgan Stanley (MS) more than doubled in the fourth quarter, signaling a strong 2024 for Big Banks. Stephen Biggar, director of financial services research at Argus Research,

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

The appalling scale of the vast and still growing Los Angeles blazes puts them out of the ordinary in terms of the economic harm they will bring.

Citing concerns about going outside its statutory mandate, the Federal Reserve Board of Governors voted to leave the Network of Central Banks and Supervisors for Greening the Financial System.

Wall Street started higher ahead of Trump's inauguration on Monday. Investors expect a flurry of executive orders, including on crypto and TikTok.