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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]
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 […]