Stock futures rise ahead of key inflation reports this week
Stock futures advanced Tuesday as traders await two key inflation reports, including PPI and CPI, expected to influence the Federal Reserve’s rate decisions and broader...
Tag : Morgan Stanley
Qualcomm approaches Intel for possible acquisition, no formal offer yet
Qualcomm has approached Intel for a potential takeover, though no formal offer has been made. The acquisition could be one of the largest in tech...
Post-holiday blues hit Hong Kong’s Chinese equities as economic concerns rise
Chinese stocks in Hong Kong faced a significant downturn as trading restarted after the holiday. This decline was influenced by an overarching risk-averse sentiment throughout...
Wall Street faces staffing cuts as Morgan Stanley plans to eliminate 3,000 jobs
As the slump in Initial Public Offerings (IPOs) and mergers on Wall Street continues to deepen this year, leading advisory firms including Morgan Stanley, Bank...
CEO of JPMorgan says it is too soon to declare victory over inflation
JPMorgan Chase & Co.‘s CEO Jamie Dimon cautioned against declaring victory too soon against inflation, warning the Federal Reserve might raise interest rates above 5%...