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 […]

Crypto Firms Ramp Up Hiring Amid Market Momentum Shift

June 10, 2025

Catenaa, Tuesday, June 10, 2025-Crypto firms made 47 key hires, promotions and exits in May, signaling a strategic pivot toward growth and regulatory readiness as the market regains momentum, according to various reports. Aleo Network Foundation hired Josh Hawkins as EVP of Strategy, Policy & Communications, and BJ Mahal as VP, Head of Partnerships. At […]

Global Banks To Have 10% Gain In Revenue From US Tariffs

July 9, 2025

Catenaa, Wednesday, July 09, 2025- Global banks, including top US lenders, are expected to report a 10% gain in market revenue as traders cashed in on shifting US tariff policies. According to estimates from analysis firm Crisil Coalition Greenwich, there was a 15% gain in trading revenue in the first quarter for 12 global banks. […]

Morgan Stanley Exec Andrew Peel to Launch DeFi Fund

May 17, 2025

Catenaa, Saturday, May 17, 2025- Andrew Peel, former head of Morgan Stanley digital asset markets, has stepped down to launch a new venture focused on decentralized finance (DeFi) and digital asset investment. Peel, who joined Morgan Stanley in 2018 from Credit Suisse, plans to fundraise for the new crypto and digital asset firm, which will […]

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 […]

Morgan Stanley Upgrades US Stocks to Overweight

May 21, 2025

Catenaa, Wednesday, May 21, 2025- Morgan Stanley has upgraded US equities to ‘Overweight’, citing resilient earnings, supportive monetary policy, and a weakening dollar as reasons. In its Mid-Year Global Strategy Outlook released on Tuesday, the investment banker projects the S&P 500 to reach 6,500 by the second quarter of 2026. The S&P 500 has recovered […]

Morgan Stanley, Goldman Revenues Jumps over 11%

July 16, 2025

Catenaa, Wednesday, July 16, 2025 – US top investment banks, Morgan Stanley and Goldman Sachs, reported net revenues over 11% in the second quarter as the volatile equity market drove trading revenue to record highs. Investors flocked to markets to make trades and manage tariff-related risks as US trade policies shifted. The turmoil boosted trading […]

Musk’s xAI Closes $5 Billion Debt Deal Despite Modest Demand

June 19, 2025

Catenaa, Thursday, June 19, 2025- Elon Musk’s artificial intelligence startup xAI is set to raise $5 billion through a complex debt offering led by Morgan Stanley, despite lukewarm interest from major investors and heightened risk premiums, according to sources familiar with the transaction. The debt package includes a floating-rate term loan, a fixed-rate loan, and […]

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 […]

US Banks To Show Trading Gains From Trump’s Tariff Turmoil

July 11, 2025

Catenaa, Friday, July 11, 2025- US banks are expected to show trading revenue gains from the 90 days that followed President Donald Trump’s reciprocal tariff announcements. Data compiled by Bloomberg shows that six of the biggest US banks are scheduled to disclose second-quarter results next week, with analysts predicting trading-revenue increases for all of them.  […]

Wall Street Banks Get Rid Of Musk’s $13B Debt Tied To X

April 30, 2025

Catenaa, Wednesday, April 30, 2025– Wall Street banks have finally got rid of the $13 billion debt tied to Elon Musk’s 2022 buyout of the social media platform now known as X, the Wall Street Journal reported. Quoting sources familiar with the matter, WSJ said that investors purchased the remaining $1.2 billion in loans on […]