CoreWeave Files for IPO After Record-Breaking Year

March 7, 2025

Catenaa, Friday, March 07, 2025- CoreWeave, the New Jersey-based AI cloud provider, has filed for its Initial Public Offering (IPO), marking a major milestone in the tech industry. The company, which transitioned from crypto mining to AI infrastructure six years ago, submitted its S-1 registration filing to the U.S. Securities and Exchange Commission (SEC) on […]

Morgan Stanley Eyes Crypto Market Role, Engages Regulators

January 24, 2025

Catenaa, Friday, January 24, 2025 – Morgan Stanley, managing $1.6 trillion in assets, is evaluating how to safely operate as a transactor in the cryptocurrency market, CEO Ted Pick announced Thursday at the World Economic Forum at Davos, Switzerland.  Pick revealed ongoing discussions with the US Treasury and other regulators, emphasizing the challenges for a […]

Morgan Stanley Posts 26% Increase In Profits Driven By Equity

April 11, 2025

Catenaa, April 11, Friday, 2025- Morgan Stanley reported a net profit increase of 26% year on year in first-quarter (Q1) profit with outperformance in prime brokerage and strong client activity amid market volatility. The bank posted a profit of $4.3 billion, or a $2.60 per share, for Q1 on Friday. That compares with a profit […]

US Bank Stocks On Track for Worst Quarter Since 2023

March 31, 2025

Catenaa, Monday, March 31, 2025- US bank stocks are on track for the worst quarter since March 2023 over economic worries as Trump’s liberation day has created market uncertainties. The KBW Nasdaq Bank Index is down 5.09% since the start of the year, and down 10.6% from a month ago on Friday, putting it on […]

US Banks Report Profit Growth Amid Tariff Concerns

April 19, 2025

Catenaa, Saturday, April 19, 2025-Major US banks reported strong profit in the first quarter of 2025, surpassing analysts’ expectations. However, executives raised alarms over the economic impact of ongoing tariffs, warning of potential slowdowns in growth. While trading revenues surged, with record performances in equity markets at JPMorgan Chase and Morgan Stanley, industry leaders cautioned […]