Morgan Stanley typically reports its quarterly results later than other big banks, but on Wednesday it joined the party. While it, like the others, revealed better-than-expected results in its trading business, aspects of its investment bank were slow compared with rivals, and Morgan Stanley’s shares dropped in early trading.

ETF investors can ride or hedge against banking sector volatility through financial sector funds like XLF and KBE, which hold top banks like JPM and BofA.

The New York Times said Trump waved a draft letter firing Powell at an Oval Office meeting late Tuesday. Trump had gathered a group of Republicans that had blocked a procedural vote that would have advanced crypto legislation, to convince them to let the legislation advance. Odds of Powell being fired surged to 40% on prediction market Kalshi.

High R&D Expenses & Rising Debt Levels Ail Toyota (TM) Per the Zacks analyst, high R&D expenses on advanced technologies and alternative fuels are likely to limit Toyota's near-term margins. Rising debt levels are also concerning.

Universum, which focuses on employer branding, has updated its annual list of the most attractive employers for students, based on survey data from almost 33,000 respondents at more than universities in the U.

Goldman Sachs ' fondness for technology expands with their latest testing of "Devin," the AI coding agent from Cognition which went viral last year because of its capabilities as well as its shortcomings.

AAPL, ORCL, GS and PRPO are navigating growth, innovation and risk. See what Zacks analysts say about these standout names.

Goldman Sachs has begun deploying“Devin,” an autonomous coding agent developed by London-based startup Cognition, as part of its technology workfo

In a report released today, Mike Ng from Goldman Sachs reiterated a Buy rating on Apple, with a price target of $253.00. The company’s shares closed today at $209.94. Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.

JPMorgan and Citigroup on Tuesday reported higher revenue from trading and investment banking.