RBC raised its price target for Morgan Stanley from $207 to $243.

Morgan Stanley reported second-quarter equities trading revenue of $6.30 billion, beating the $4.47 billion estimate, and wealth management net revenue of $8.86 billion, above the $8.68 billion estimate.

Morgan Stanley reported Q2 2026 earnings, with revenue beating estimates.

KBW analyst Chris McGratty highlights capital markets as a tailwind and deposit costs and credit quality as risks for big bank earnings, naming Morgan Stanley as his top large-bank pick.

Iran claimed its naval air defense shot down a US LUCAS drone off the southern coast, citing state media photos of a damaged drone.

JPMorgan and Morgan Stanley are reportedly providing up to $50 billion in acquisition financing while also advising on a potential deal, indicating active talks despite an initial rejection.

Major bank trading revenues surged in Q2, with Goldman Sachs equity trading revenue up 55% and total IB fees rising across Goldman, JPMorgan, and Bank of America.

WSJ Markets published a roundup of Market Talks covering financial services firms including RHB Bank, JPMorgan Chase, and Morgan Stanley.

U.S. stocks rose after PPI data cooled inflation fears, with the Dow up 150 points, Amazon and Alphabet leading gains, and Apple hitting a record high.

Morgan Stanley reported Q2 2026 revenue of $21.35B versus $19.58B estimate, with equities sales and trading revenue of $6.30B beating the $4.47B estimate, while FICC revenue and provision for credit losses missed estimates.

Morgan Stanley revised its cost estimate for building a frontier AI cluster, widening the financial gap between companies that can compete in the AI arms race.

A market commentary notes that capital is rotating into financial stocks, driven by a reasonably healthy economic outlook, and questions whether the trend will persist.

CNBC's Halftime Report features Morgan Stanley, JPMorgan, Invesco, and NVIDIA as final trades, with Joshua Brown selecting JPMorgan Chase & Co.

Morgan Stanley updated cost estimates for AI data center builds, while Jensen Huang suggested a 1 GW AI factory could cost up to $100 billion.

Dow Jones Futures report highlights gains for Goldman Sachs and CrowdStrike, notes AI stocks are facing key resistance, and anticipates earnings reports from ASML and Morgan Stanley.

Goldman Sachs, JPMorgan, Citigroup, Bank of America, and Wells Fargo reported Q2 earnings; analyst Chris Whalen comments on results and Morgan Stanley expectations.

A preview of Q2 earnings season focuses on upcoming bank reports.

UBS analyst Erika Najarian previews Wall Street bank earnings, noting Goldman Sachs faces the greatest challenge in demonstrating earnings prowess and investors may focus on succession at JPMorgan.

Wall Street banks are expected to generate nearly $39 billion in trading revenue in the second quarter, boosted by market volatility and increased client activity.