Morgan Stanley – Page 3

Banks Load Up on $1.2 Trillion in Risky ‘Hot’ Deposits

12Sep

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Money

Banks Load Up on $1.2 Trillion in Risky ‘Hot’ Deposits

Updated Sept. 12, 2023 5:49 pm ETListen to article(2 minutes)At midyear, Zions Bancorp reported holding $8.5 billion in brokered deposits, an obscure but costly banking industry product that is drawing attention from regulators. At this time last year, the Salt Lake City-based bank had practically none.Copyright ©2023 Dow Jones & Company, Inc. All Rights Reserved. 87990cbe856818d5eddac44c7b1cdeb8

Tesla stock jumps after Morgan Stanley predicts Dojo supercomputer could drive

12Sep

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Technology

Tesla stock jumps after Morgan Stanley predicts Dojo supercomputer could drive

New York CNN — Tesla’s Dojo supercomputer could fuel a $500 billion jump in the electric vehicle maker’s market value, analysts at Morgan Stanley said in a note Monday. Shares of Tesla jumped more than 6% during early trading Monday morning, on the heels of the rosy prediction from Morgan Stanley’s team about the automaker’s supercomputing efforts. The Morgan Stanley team, lead by longtime Tesla analyst Adam Jonas, predicted that the massive drive in value could come from Dojo potentially unlocking new revenue streams through the wider adoption of robotaxis and software services. The analysts compared the potential of Dojo at Tesla to the “same forces that have driven” Amazon Web Services to prope...

G20 Presidency: India will be developed nation by 2047, its economic growth ‘natural by-product’ of 9 years of stability: PM Modi | India News

3Sep

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Business

G20 Presidency: India will be developed nation by 2047, its economic growth ‘natural by-product’ of 9 years of stability: PM Modi | India News

NEW DELHI: Prime Minister Narendra Modi has said that India's economic growth is a “natural by-product” of his nine-year-old government's political stability, as he expressed optimism that it will be a developed nation by 2047 with "corruption, casteism and communalism" having no place in our national life.In an exclusive interview with PTI late last week, the prime minister also stressed on the need for timely and clear communication of policy stance by central banks, and policy actions by each country in their fight against inflation so that it can prevent negative repercussions on others countries.While most advanced economies are facing an economic slowdown, chronic shortages, high inflation, and ageing populations, the Indian economy is acknowledged to be the fastest-growing large ec...

India At Start of ‘Long-Wave Boom’, Now Top-Ranked Emerging Market: Morgan Stanley Upgrades Outlook On India

3Aug

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Business

India At Start of ‘Long-Wave Boom’, Now Top-Ranked Emerging Market: Morgan Stanley Upgrades Outlook On India

Morgan Stanley also says there are things that have fundamentally changed in India, including structural reforms, supply-side reforms, and regulation and formalisation of the economy.Morgan Stanley upgrades its outlook on Indian markets from "equal weight" to "overweight", indicating that the country's economy is expected to perform better in the futureMorgan Stanley has upgraded its outlook on Indian markets from “equal weight" to “overweight", indicating that the country’s economy is expected to perform better in the future. In a note late Wednesday, the global brokerage pointed out easing valuations in India as compared to October 2022, when the global brokerage identified the onset of a new bull market in Asian and emerging market equities.It said the situation in Indian markets is in...