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.
Stocks advanced, Treasury yields fell and crypto was volatile on Tuesday as market participants reacted to the slew of executive orders issued on the first day of Donald Trump’s second term as president.
Hedge funds have positioned for Donald Trump's U.S. presidency with their highest levels of borrowing since 2010, while betting the dollar would continue to rise, according to bank research and industry data.
With Trump set to implement at least 100 executive orders on Monday, here are the areas of the market that could see moves.
The CEO also said he is ‘bullish’ on the potential for stock sales, including initial public offerings in 2025.
High interest rates have been weighing on the stock market rally, and there may be little Donald Trump can do to remedy that issue.
Robinhood (HOOD) stock is advancing 6% after Morgan Stanley identified it as a top pick. The shares also appear to be getting a lift from a report about President-elect Donald Trump’s cryptocurrency policies.
U.S. President Donald Trump’s first day in the Oval Office seemed light on any immediate action on that front, sending markets higher.
Investing.com-- Chinese stocks are likely to face profit-taking and increased risk aversion going into the New Year holiday, Morgan Stanley (NYSE: MS) analysts said in a note, especially in the face of U.S. trade tariffs under President Donald Trump.
Wall Street closed higher ahead of Trump's inauguration on Monday. Investors expect a flurry of executive orders, including on crypto and TikTok.
Geopolitical tensions from Trump’s foreign policy may elevate gold’s safe-haven status. Experts forecast XAU/USD reaching $2,950 in 2025.
U.S. stock-trading hedge funds kicked off the week with gross leverage levels in their highest range since 2010.