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According to a Stocktwits poll that received 1,500 votes, 49% of the respondents say they are bearish on bank results in the wake of a slowing economy and falling margins.
While Morgan Stanley analyst Erik Woodring sees China confrontation risks unlocking the bear case for the stock, he remained positive due to “several mitigation efforts at play.”
However, Morgan Stanley sees limited impact on Lilly from the CMS decision as the proposed coverage appeared to apply only to a subset of the Medicare obesity population
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Morgan Stanley’s Equity Strategist Michael Wilson said Monday that he is now eyeing the next support closer to the 200-week moving average or the 4,700 level for the S&P 500 Index.
Morgan Stanley today announced $15 million in new multi-year grants to members of its Alliance for Children’s Mental Health (“the Alliance”), as part of the firm’s $50 million commitment to advancing youth mental health solutions. The Alliance brings together leading nonprofits and supports transformative initiatives that strategically address the challenges of stress, anxiety and depression in young people. Since the Alliance’s launch in 2020, over 52 million children, caregivers and educators have been reached through its programming and resources.
Retailers and consumer-facing companies are reeling more prominently as they fear the potential hike to consumer prices of their products will directly hurt sales.
