Tag Archives: Morgan

[unable to retrieve full-text content]Kinder Morgan meets profit estimates, sees new demand from AI operations  Yahoo Finance Source link

Morgan Stanley’s Adam Jonas is the latest analyst to raise some concerns with Tesla (TSLA). In a note to clients, Jonas wondered, “Could Tesla lose money (sometime) this year?” In cutting his price target to $320 from $345 (still one of the more bullish targets on the Street), Jonas noted concerns such as continued lag in EV demand despite price cuts, fleet operators like Hertz dumping EVs, and “strong hybrid momentum” peeling away potential EV buyers who are on the fence. Jonas said… Source link

Tesla stock has risen too fast this year based on numerous uncertainties around the EV maker’s business, JP Morgan analyst Ryan Brinkman argues. “Tesla’s softer trend and below-consensus adjusted automotive gross margin comes before the impact of large price reductions that will primarily be felt beginning in the first quarter,” Brinkman said in a new client note. “As such, we view margin trajectory negatively and expect that consensus margin expectations are likely to decline.” Brinkman… Source link

January 20, 2023, 2:35 PM Oops! Something went wrong. Please try again later. Oops! Something went wrong. Please try again later. Oops! Something went wrong. Please try again later. Oops! Something went wrong. Please try again later. Oops! Something went wrong. Please try again later. Oops! Something went wrong. Please try again later. Oops! Something went wrong. Please try again later. Oops! Something went wrong. Please try again later. Oops! Something went wrong. Please try again later. Yahoo Finance Live anchors… Source link

Innovation is almost always welcomed in the ever-changing tech world. But the latest artificial intelligence trend taking the industry by storm could spell trouble for Google-parent Alphabet ‘s profitability near term, according to Morgan Stanley. This emerging threat, known as ChatGPT, went viral when it debuted in November, amassing a million users within days of its launch. Developed by San Francisco-based OpenAI and backed by Microsoft and LinkedIn co-founder Reid Hoffman, the chatbot… Source link

© NurPhoto/Getty Images ChatGPT, a AI chat bot, has gone viral in the past two weeks. NurPhoto/Getty Images When ChatGPT went viral, people began using it as an alternative to Google Searches. Investors started seeing a world where generative AI would disrupt Google by taking some search traffic away. But Google has a first mover advantage and also heavily invests in AI — challenging it will be difficult. ChatGPT, the viral internet AI chatbot, has brought the world of… Source link

In 2014, Credit Suisse pleaded guilty to helping thousands of Americans evade taxes and paid a $2.6 billion fine. It also promised to reveal any hidden bank accounts. Credit Suisse has recently come under scrutiny by the U.S. Department of Justice for potentially not complying with that plea agreement, the Wall Street Journal reported last week, citing unnamed sources familiar with the matter. Former Morgan Stanley CEO John Mack, who last month published “Up Close and All In: Life Lessons… Source link

An economic slowdown that triggered a tsunami of unsold inventory at various companies may have proved lethal for corporate America’s third-quarter earnings and, soon, forward guidance. At least, that’s what the strategy team at Morgan Stanley warned in a new note out on Monday. “Our U.S. Equity Strategy team sees inventory as a key risk to earnings — oversupply and lagging demand are likely to weigh on margins,” the note stated. “The problem with inventory is twofold — supply chain… Source link

Morgan Stanley expects the S&P 500 to plunge another 17%-27% within the next four months — use these 3 top recession-resistant stocks for protection If you think the stock market selloff has come to an end, Morgan Stanley has some bad news. The S&P 500 is already down 14% year to date, but the Wall Street juggernaut believes the market has yet to hit a bottom. “Our ’22/’23/’24 base case estimates are now 3%/13%/14% below consensus, respectively,” a team of Morgan Stanley analysts led by… Source link

Morgan Stanley expects the S&P 500 to plunge another 15%-25% within the next four months — use these 3 top recession-resistant stocks for protection If you think the stock market selloff has come to an end, Morgan Stanley has some bad news. The S&P 500 is already down 17% year to date, but the Wall Street juggernaut believes the market has yet to hit a bottom. “Our ’22/’23/’24 base case estimates are now 3%/13%/14% below consensus, respectively,” a team of Morgan Stanley analysts led by… Source link