Michael Grimes, a technology banker with Morgan Stanley , is in talks to leave the bank for a position in U.S. President Donald Trump's administration, the Wall Street Journal reported on Wednesday, citing people familiar with the discussions.

Star technology banker Michael Grimes is in discussions to leave Morgan Stanley to work for the Trump administration, according to people familiar with the matter. Grimes is among the biggest names in banking,

Morgan Stanley's CEO signals potential crypto expansion amid regulatory shifts under a pro-crypto administration.

Morgan Stanley lowered the firm’s price target on Microsoft (MSFT) to $540 from $548 and keeps an Overweight rating on the shares. While noting that investor sentiment has shifted negative as a “wall of worry” around gross margins,

Morgan Stanley Wealth Management today announced results from its quarterly retail investor pulse survey: Majority of investor views remained bullish.

The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.

On Wednesday, Microsoft ( MSFT, Financial) shares grew nearly 3% despite Morgan Stanley lowering their price target from $548 to $540. However, the investment company kept its Overweight rating to reflect its belief in Microsoft's future growth while standing behind Microsoft's market leadership and new artificial intelligence technology prospects.

DBS analyst Ken Shih maintained a Buy rating on Morgan Stanley (MS – Research Report) today and set a price target of $150.00.Invest with

Morgan Stanley said its profit more than doubled in the fourth quarter, fueled by its investment banking and trading businesses. Profit surged 145% to $3.71 billion. That amounted to $2.22 per share,

Maynilad Water Services has hired banks including Morgan Stanley and UBS to work on a more than $500-million initial public offering (IPO) in the Philippines, according to two sources with knowledge of the matter.

Robinhood Markets Inc (HOOD) stock saw a modest uptick, ending the day at $50.16 which represents a slight increase of $0.16 or 0.32% from the prior close of $50. The stock opened at $50.21 and touched a low of $49.