Morgan Stanley News

Out of the 105 SME IPOs that got listed on Dalal Street so far in the calendar year 2023, a majority 84 have given positive returns. This translates into a win rate of 80%, which means four out of every five SME IPOs made money. Out of them, 41 have turned multibaggers with the highest returns going up to 357%. The spectacular bull run is making many bluechip investors uneasy who are now tempted to shift a part of their portfolios to chart-busting minion stocks. Last week, Basilic Fly Studio IPO, received bids worth a whopping Rs 14,000 crore against its modest issue size of Rs 66 crore and this week Morgan Stanley picked a stake in Rs 43 crore SME IPO Chavda Infra.Jaw-dropping returns in SME IPOsKrishca Strapping Solutions IPO, which listed on May 26, has rallied 357% from IPO offer price.

Databricks, a data analytics platform using artificial intelligence (AI), said on Thursday it secured more than $500 million in a funding round that valued the company at $43 billion, marking one of the biggest funding events for private tech companies this year amid AI-fueled optimism. The new round, led by T. Rowe Price, could mark the last round of private funding as the data company gears up for the public market. Chipmaker Nvidia, another beneficiary of the AI boom, and credit card firm Capital One Financial, also participated in the latest funding round.

₹5.5 trillion. But this hasn’t bothered Rohit Verma, a tech professional in his mid-50s with a big consulting firm, much. “A 10% plus correction after such a stupendous rally in Smids isn’t abnormal.

₹348 crore from anchor investors on Thursday. The Initial Public Offering (IPO) will open for subscription on Friday and will close on September 20. Also Read: Yatra Online IPO opens tomorrow; GMP, price band, dates and other details The online travel firm raised the amount from 33 anchor investors on Thursday, a day before its initial public offering.

Visa (NYSE:V) shares fell nearly 1.5% in premarket trading on Thursday after the financial services company initiated a process to enable the largest U.S. banks to sell their shares in the world's largest payments network.

A renaissance for the nuclear-power industry has run into a problem: Prices have soared for the radioactive uranium required to fuel reactors in the decades ahead. New reactors have connected to the grid in the U.S., Asia and Europe, while the lifetime of existing plants has been extended. Japan is bringing power stations that were closed after the 2011 Fukushima disaster back online.

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By Davit Kirakosyan

The return of large tech IPOs this week after a prolonged drought isn't just a test of investors' appetite for risky new offerings — it's a key moment for Wall Street's top advisor, Goldman Sachs.

Investors in semiconductor stocks face a growing threat to industry valuations: a chronic shortage of water.

By Ankika Biswas and Shristi Achar A

Packaging companies Smurfit Kappa (OTC:SMFKY) and WestRock (NYSE:WRK) have agreed to merge, creating the world's largest listed paper and packaging company valued at nearly $20 billion.

Investing.com -- U.S. stock futures decline after a spike in Tesla's (NASDAQ:TSLA) shares bolsters equities on Monday, as traders look ahead to the release of major economic data later in the week. Elsewhere, British chip designer Arm will reportedly stop taking orders for its much-anticipated initial public offering a day early due to solid investor demand, while Disney and Charter Communications reach a distribution deal to end a TV blackout that threatened to leave millions of households unable to tune in to the first «Monday Night Football» game of the season.

wealth management, which helps clients allocate assets, minimise tax bills and plan for retirement—typically for an annual fee of 1% of invested assets. Firms are piling into the business, spurred by the prospect of profits that will only become juicier as the world gets richer. Could it be good for clients, too? The wealth industry has long been highly fragmented.

Investing.com — U.S. stock futures were little changed during Monday night trade after major benchmark averages posted a positive session, led by gains in Tesla Inc (NASDAQ:TSLA) after an upgrade from Morgan Stanley (NYSE:MS) analysts, with participants looking ahead to key inflation data set for release later in the week.

Investing.com — The Dow closed higher Monday, as tesla and big tech combined to ensure stocks started the week on the front foot ahead of Apple's eagerly anticipated iPhone 15 launch due Tuesday and inflation data later this week. 

US Federal Reserve is done with raising interest rates and will likely to cut them by roughly one percentage point next year, reported the Bloomberg. The latest forecast from the Economic Advisory Committee of the American Bankers Association shows that the US will probably avoid the recession though the economic growth slowdown in coming quarters pushing up unemployment while reducing inflation.

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Tesla rallied 6% on Monday after Morgan Stanley said its Dojo supercomputer could power a near $600 billion surge in the electric-car maker's market value by helping speed up its foray into robotaxis and software services. Tesla, already the world's most valuable automaker, started production of the supercomputer to train artificial intelligence (AI) models for self-driving cars in July and plans to spend more than $1 billion on Dojo through next year. Dojo can open up new addressable markets that «extend well beyond selling vehicles at a fixed price,» Morgan Stanley analysts led by Adam Jonas wrote in a note on Sunday. «If Dojo can help make cars 'see' and 'react,' what other markets could open up? Think of any device at the edge with a camera that makes real-time decisions based on its visual field.» The Wall Street brokerage upgraded Tesla's stock to «overweight» from «equal-weight» and replaced Ferrari's U.S.-listed shares with it as «top pick». Morgan Stanley raised its 12-18 month target on Tesla's shares by 60% to $400 — the highest among Wall Street brokerages, as per LSEG data — which, it estimated, would give the EV maker a market capitalization of about $1.39 trillion. That is about 76% higher than Tesla's market value of about $789 billion, based on the stock's close of $248.5 on Friday.

(Reuters) -Tesla's Dojo supercomputer could power a near $600 billion jump in the automaker's market value by boosting the adoption of robo-taxis and its software services, Morgan Stanley analysts said, sending the electric vehicle maker's shares up 6% in premarket trading on Monday.

Investing.com — U.S. futures traded slightly higher Monday, ahead of the release this week of fresh inflation data which could give guidance of future Federal Reserve monetary action.