Morgan Stanley tops estimates on strong equities and fixed income trading revenue

• Bank of America tops estimates on better-than-expected investment banking, interest income

  The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.
  
  CNBC - 1h

• Morgan Stanley sees big jump in equity, bond revenue as client activity improved

  Morgan Stanley beats earnings expectations amid strength in its equity and bond businesses.
  
  MarketWatch - 2h

• Morgan Stanley earnings jump on soaring trading and dealmaking revenues

  Rival Goldman Sachs similarly reported robust performance in markets and investment banking units
  
  Financial Times - 3h

• Citigroup swings to fourth-quarter profit, tops estimates on investment banking strength

  The fourth-quarter report comes after a year where Citi's stock rose almost 37%, outperforming the S&P 500.
  
  CNBC - 18h

• Goldman Sachs shares rise after topping estimates on strong trading results

  Goldman's fourth-quarter results will give investors a preview of what to expect this year, as investment banking and trading fees are both expected to rise.
  
  CNBC - 1d

• These are the stocks that Morgan Stanley’s Mike Wilson sees standing up to rising rates

  Investors should stick to quality names amid rising rates, says a team led by Morgan Stanley’s Mike Wilson.
  
  MarketWatch - 3d

• Palantir has this rare distinction as Morgan Stanley says stock price is too high

  Morgan Stanley assigned a new analyst to cover hot artificial intelligence stock Palantir Technologies, and the Wall Street firm joined the ranks forecasting worse times ahead for the stock.
  
  MarketWatch - Jan. 7
• 

  Morgan Stanley to exit global climate coalition

  Morgan Stanley on Thursday announced its departure from a coalition of banks that aims to target net-zero emissions through lending and investment, the fifth group to do so in recent weeks. “Morgan ...
  
  The Hill - Jan. 2
• 

  Macau 2024 casino revenues top official estimate but below pre-pandemic levels

  Yahoo News - Jan. 1

More from CNBC

• Bank of America tops estimates on better-than-expected investment banking, interest income

  The company said fourth-quarter profit more than doubled to $6.67 billion, or 82 cents per share, from a year earlier.
  
  CNBC - 1h

• EV, hybrid sales reached a record 20% of U.S. vehicle sales in 2024

  CNBC - 28m

• Spirit Airlines cuts 200 jobs in bankruptcy cost-cutting scramble

  Spirit Airlines cuts 200 jobs across the airline as it seeks to exit bankruptcy protection this quarter.
  
  CNBC - 1h

• TikTok CEO expected to attend Trump's inauguration, NBC reports

  TikTok's CEO Shou Chew is expected to attend President's Trump inauguration next week, NBC News reports.
  
  CNBC - 27m

• Target says its holiday sales were better than expected — but its profits weren't

  The big-box retailer's report indicates that deals and promotional events motivated shoppers.
  
  CNBC - 2h

More in Business

• 

  Trump Treasury Pick Scott Bessent to Face Grilling

  Scott Bessent, President-elect Donald J. Trump’s choice to be Treasury secretary, will be in charge of steering the president’s economic agenda if confirmed by the Senate.
  
  The New York Times - 9m

• UnitedHealth fights back: Blame drugmakers for high costs, not the ‘middlemen.’

  UnitedHealth Group’s stock sinks after profit beat expectations but revenue missed for the first time in more than four years.
  
  MarketWatch - 15m

• Outsourcing giant Infosys raised sales guidance for a third time. AI is helping.

  Indian outsourcing giant Infosys on Thursday raised its sales outlook for the third time this year as the company said clients were increasingly adopting its artificial-intelligence services.
  
  MarketWatch - 16m

• Oil inches lower, with U.S. prices failing to hold above $80 a barrel

  Oil futures traded modestly lower on Thursday, pulling back as news of an Israel-Hamas cease-fire deal helped to ease some worries about risks to global supplies, though the agreement has yet to ...
  
  MarketWatch - 17m

• Target’s holiday sales show a rebound from third-quarter doldrums

  Target raised guidance for a key metric in an update on its holiday sales after achieving records for both Black Friday and Cyber Monday promotional events.
  
  MarketWatch - 18m