Jim Cramer expressed skepticism about the wave of new fintech and blockchain IPOs, describing many as similar and hard to differentiate. Instead, he highlighted Morgan Stanley as a strong, quietly executing incumbent that recently surpassed $10 trillion in client assets. Morgan Stanley's solid Q2 2026 results, including record asset growth and consistent earnings beats, underpin Cramer's confidence. While acknowledging Robinhood's growth and innovation, Cramer prefers Morgan Stanley's proven wealth management model and attractive valuation, rating MS as a Buy and Robinhood as a Hold.
Goldman Sachs, JPMorgan Chase, and Morgan Stanley have earned a combined $52 billion in equities trading revenue this year, capturing nearly 80% of the top-five banks' total $67 billion. This surge is fueled by strong hedge fund borrowing to leverage...
Anthropic, an AI company, is expected to publicly file its IPO documents imminently, possibly by Friday or early next week, with an official offering planned for mid-November. The filing will disclose significant losses, reportedly up to $80 billion ...
Amazon's stock jumped 5.18% after Morgan Stanley raised its price target and maintained an overweight rating, highlighting AWS's strong growth and profit potential. Despite negative free cash flow and nearly $200 billion planned capital expenditures,...
Amazon has largely avoided the early October market sell-off, with Morgan Stanley upgrading its stock to 'Buy' and raising the price target to $350, predicting a 33% upside driven by strong growth in Amazon Web Services (AWS). Wall Street generally v...
Amazon shares rose over 5% after Morgan Stanley named it a top pick and raised its price target to $350, citing strong growth prospects for Amazon Web Services (AWS). Morgan Stanley projects AWS revenue growth of 47% in 2027 and 42% in 2028, with ope...
