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Tag: Morgan Stanley

BREMERHAVEN, GERMANY - APRIL 22: Cars of German car maker Mercedes stand at the automotive terminal of Bremerhaven port on April 22, 2025 in Bremerhaven, Germany. German automakers are facing continued uncertainty over the tariffs policy of U.S. President Donald Trump. While Trump has imposed a 25% tariff on European cars and auto parts imports, he has also suggested he may rescind these tariffs in some form. He said too he expects to reach a "deal" with the EU over tariffs soon. (Photo by Focke Strangmann/Getty Images)

Trump Plans Auto Tariff Relief By Granting Steel, Aluminum Exemptions To Carmakers

The Trump administration announced on Tuesday that they will roll back automotive tariffs on imported car parts. 

Read More Trump Plans Auto Tariff Relief By Granting Steel, Aluminum Exemptions To Carmakers
People walk around the Financial District near the New York Stock Exchange (NYSE) in New York, U.S., December 29, 2023. REUTERS/Eduardo Munoz/File Photo

Wall Street job cuts loom as market turmoil stalls deals

U.S. investment banks are poised to cut more jobs if economic uncertainty continues to weigh on dealmaking in the months ahead, according to analysts and recruiters.

Read More Wall Street job cuts loom as market turmoil stalls deals
The logo for Google LLC is seen at the Google Store Chelsea in Manhattan, New York City, New York, U.S., November 17, 2021. REUTERS/Andrew Kelly/File Photo

Alphabet to buy Wiz for $32 billion in its biggest deal to boost cloud security

Alphabet said it would buy Wiz for about $32 billion in its biggest deal as the Google parent looks to sharpen its edge in the cloud-computing race against Amazon.com and Microsoft.

Read More Alphabet to buy Wiz for $32 billion in its biggest deal to boost cloud security
AI (Artificial Intelligence) letters are placed on computer motherboard in this illustration taken, June 23, 2023. REUTERS/Dado Ruvic/Illustration//File Photo

As US chip darlings struggle, some bet on software as next big AI play

Chip stocks were the biggest beneficiaries of last year’s artificial intelligence investment craze, but they have stumbled so far this year.

Read More As US chip darlings struggle, some bet on software as next big AI play
Apple logo is seen in this illustration taken, August 22, 2022. REUTERS/Dado Ruvic/Illustration/File Photo

Apple approaches $4 trillion valuation as investors bet on AI momentum

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements.

Read More Apple approaches $4 trillion valuation as investors bet on AI momentum
Morgan Stanley CEO James Gorman attends the Reuters NEXT Newsmaker event in New York City, New York, U.S., December 1, 2022. REUTERS/Brendan McDermid/File Photo

Disney to name CEO Bob Iger’s replacement in 2026, taps Morgan Stanley’s Gorman as chair

Walt Disney named Morgan Stanley veteran James Gorman as chair and said it would announce a replacement for CEO Bob Iger in early 2026.

Read More Disney to name CEO Bob Iger’s replacement in 2026, taps Morgan Stanley’s Gorman as chair

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SpaceX and Tesla founder Elon Musk participates in a town hall-style meeting to promote early and absentee voting at Ridley High School on October 17, 2024 in Folsom, Pennsylvania. (Photo by Anna Moneymaker/Getty Images)
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