Morgan Stanley (MS) leads all money-center peers up 19% in 2026, but must clear its $231 52-week high before $250 becomes realistic.
MS beat Goldman Sachs (+14%) and JPMorgan (+10%), while Wells Fargo is the only big bank down 7% this year.
Record Q2 revenue of $21 billion, equity trading up 69%, and a reauthorized $20 billion buyback underpin the bull case for MS.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
A global bond selloff pushed the 10-year Treasury yield to 4.79% this afternoon, above its prior 52-week high of 4.75% set on July 31. Rising long rates typically help banks, yet the money-center group is soft, and so is the sector fund.
#money #billion #goldman
MS beat Goldman Sachs (+14%) and JPMorgan (+10%), while Wells Fargo is the only big bank down 7% this year.
Record Q2 revenue of $21 billion, equity trading up 69%, and a reauthorized $20 billion buyback underpin the bull case for MS.
Read More: Learn 7 ways to generate income with a $1,000,000+ portfolio (sponsor)
A global bond selloff pushed the 10-year Treasury yield to 4.79% this afternoon, above its prior 52-week high of 4.75% set on July 31. Rising long rates typically help banks, yet the money-center group is soft, and so is the sector fund.
#money #billion #goldman
2 hours ago
