57.00 -0.12 (-0.20%)
Pre-Market: 4:11AM EDT
|Bid||56.12 x 100|
|Ask||56.93 x 100|
|Day's Range||56.89 - 58.17|
|52 Week Range||40.06 - 59.38|
|PE Ratio (TTM)||18.60|
|Earnings Date||Apr 17, 2018 - Apr 23, 2018|
|Forward Dividend & Yield||1.00 (1.75%)|
|1y Target Est||61.30|
Investing.com - Comparisons to the dot.com era are rarely good.And that's the case with Morgan Stanley (NYSE:MS)'s analysis, which says bitcoin is behaving the way the Nasdaq did two decades ago.In a note to clients, the Wall Street firm identified general similarities between the price movements and trading volumes of the Nasdaq in late 1999 and early 2000 and bitcoin in late 2017 and early 2018. Both the Nasdaq and bitcoin posted rallies of more than 250%, before entering sharp downturns. Once the downturns began, both suffered multiple waves of weakness with average declines of about 45%.In both cases, there were multiple bear market rallies with average gains of about 40%.Finally, trading volume was much higher during the downturn periods than the rally periods, indicating what Morgan Stanley calls a "a rush to get out."There is one main difference, though. The bitcoin rally played out in a much shorter period of time.
Morgan Stanley today announced the launch of the 10th annual U.S. Strategy Challenge, the Firm’s signature skills-based pro bono volunteer program. The Strategy Challenge is in its fifth year in London.
Investment funds managed by Morgan Stanley Energy Partners announced today that they have completed an investment in Specialized Desanders, Inc. .
In an amended filing with the U.S. Securities and Exchange Commission, Spotify said it expected current shareholders to sell up to 55.7 million ordinary shares when the stock begins trading on the New York Stock Exchange on April 3. Instead of a traditional IPO, Spotify plans a direct listing, which will let investors and employees sell shares without the company raising new capital or hiring a Wall Street bank or broker to underwrite the offering. Spotify is valued at roughly $19 billion on the private markets but has not set an opening share price for its direct listing.
Morgan Stanley's (MS) investment management unit successfully completes acquisition of commercial real estate credit platform, Mesa West.
Investing.com - Cryptocurrency prices traded higher on Tuesday, with most of the top digital coins gaining more than 4%.
Sometimes stocks break out, then just undercut the buy point, which remains valid. Apple, Microsoft, PayPal, Charles Schwab, Morgan Stanley are current examples.
Bitcoin is behaving a lot like how the Nasdaq did around the dot-com bubble, but the timeline is unfolding 15 times faster, according to research published by Morgan Stanley on Monday.
Morgan Stanley today announced that it is opening a new Wealth Management office at 111 E Rivulon Boulevard, as of July, 2018. The new space will expand its Wealth Management footprint and create 250 new jobs in the area over the next couple of years.
Morgan Stanley Investment Management announced today that it has completed the acquisition of Mesa West Capital, LLC , a leading U.S. commercial real estate credit platform.
Morgan Stanley today declared a regular dividend on the outstanding shares of each of the following preferred stock issues:
Goldman Sachs struggled with trading revenue in 2017 but that should offer easy comparisons in 2018, says JPMorgan, naming Goldman its top Wall Street bank.
First paragraph of the release dated March 13, 2018 should read: Colm Kelleher, President of Morgan Stanley, , will speak at the Annual Morgan Stanley European Financials Conference in London on Tuesday, March 20, 2018 at 10:40 a.m.
Colm Kelleher, President of Morgan Stanley, , will speak at the Annual Morgan Stanley European Financials Conference in London on Tuesday, March 20, 2018 at 11:00 a.m. .
In a year that has seen shares of many banks hit new highs, one name has noticeably lagged the rest of the sector: Goldman Sachs. But, according to one top technician, now might be the time to bet on one of Wall Street's oldest banks.
Morgan Stanley Wealth Management has recognized the achievements of 17 outstanding women professionals as part of its partnership with MAKERS – a project dedicated to identifying and celebrating women of accomplishment across multiple fields.
On March 9, 2018, Albemarle (ALB) announced that Chile’s Economic Development Agency increased the company’s lithium quota. According to the new contract, Albemarle can produce 145,000 metric tons of lithium carbonate equivalent until 2043 in Chile. Albemarle will use its new innovative technology to produce more lithium without pumping additional brine, which could bring down its cost and improve margins.
The next chief executive at Goldman Sachs (GS) looks likely to be David Solomon, and that could be good news for shareholders. To see why, consider that Goldman over the past decade has traded at an average premium of 23% to its rival Morgan Stanley (MS), based on the ratio of its share price to its book value per share. More recently, Goldman traded at a 12% discount.