Morgan Stanley

Apple App Store revenue drops for first time in 4 years

Apple is facing fresh headwinds in its high-margin services business after Morgan Stanley data showed the App Store's net revenue declined 0.6% year-over-year through mid-August, marking the first such drop in four years. The investment bank simultaneously flagged an accelerating…

Gold heads for third straight weekly gain above $4,500

Gold prices edged higher on Friday, holding firmly above $4,500 an ounce and on track for a third consecutive weekly gain — a streak not seen since March — as a weaker U.S. dollar and expanded Treasury bond buybacks continued…

Credit markets assign no risk premium to $570B in AI debt

Global AI-related debt issuance is on pace to reach nearly $570 billion in 2026, yet credit markets have assigned virtually no risk premium to the borrowers behind it. A detailed analysis published this week by FXStreet found that not a…

Morgan Stanley warns ‘chipflation’ pushing firms to rush hardware buys

A growing consensus among major Wall Street banks emerged this week that the global memory chip shortage — branded "chipflation" by Morgan Stanley — will persist as a multi-year headwind, driving enterprises to accelerate hardware purchases and prompting governments to…

Morgan Stanley says SpaceX at $100 would imply zero AI value

Morgan Stanley analyst Adam Jonas warned on Thursday that many investors expect SpaceX shares to fall to $100 as lockup restrictions from the company's June IPO begin expiring next month, a level he argues would imply zero or even negative…

Morgan Stanley warns Europe’s AI spend trails U.S. by 20x

Morgan Stanley has warned that U.S. investment in artificial intelligence dwarfs European efforts by a factor of roughly 20, underscoring a widening structural gap between the two regions that analysts say no single policy measure can readily close.

Morgan Stanley lifts TSMC target after record Q2 earnings beat

Morgan Stanley lifted its price target on Taiwan Semiconductor Manufacturing Company to NT$2,988 from NT$2,888 and maintained an Overweight rating, following the chipmaker's second-quarter earnings report that handily beat expectations on Thursday.

Morgan Stanley warns AI’s biggest bottleneck is now memory, not compute

The AI industry's next bottleneck is not about processing speed — it is about memory. Morgan Stanley published a sweeping report this week arguing that the central constraint in artificial intelligence is migrating from a "compute wall" to a "memory…

Morgan Stanley declares ‘Golden Age of Refining’ as crack spreads hit records

Oil refiners worldwide are reaping historic profits as the Iran war's lingering effects on global fuel supplies combine with a Russian diesel export ban to push crack spreads — the measure of a refinery's profit margin — to record territory.

Morgan Stanley forecasts record $6.4T in global M&A for 2026

Morgan Stanley expects global mergers and acquisitions activity to reach a record $6.4 trillion in 2026, surpassing the levels seen during the pandemic-era deal boom of 2021, the bank said in a note on Thursday. The forecast comes as buoyant…

Samsung’s record profit fails to halt broad AI chip selloff

Samsung Electronics reported a 19-fold jump in second-quarter operating profit on Tuesday, yet the blowout results paradoxically fueled a sharp selloff across semiconductor stocks as investors weighed whether the AI chip boom has peaked.

SK Hynix launches $28B Nasdaq listing amid chip selloff

SK Hynix is pressing ahead with its massive Nasdaq listing this week, even as a sharp selloff in chip stocks and a bearish call from Morgan Stanley cast a shadow over what is set to be the largest-ever U.S. listing…

Morgan Stanley projects $1 trillion robotaxi market by 2040

The global robotaxi sector is on track to become a $1 trillion market by 2040, according to a research note published Friday by Morgan Stanley, which identified Chinese autonomous driving firms as regional front-runners poised to benefit from rapidly declining…

Morgan Stanley backs Meta’s AI cloud pivot, sees EPS boost

Meta Platforms is developing a cloud infrastructure business to sell access to AI computing power and models to outside customers, a move that sent its stock surging nearly 9% on July 1 and positioned the social media giant as a…

Brent crude falls toward $70 as Hormuz traffic rebounds

Brent crude dropped below $71 a barrel on Thursday, sliding back toward levels last seen before the U.S.-Iran conflict disrupted global oil markets, as recovering tanker traffic through the Strait of Hormuz and the prospect of further OPEC+ supply increases…

Goldman Sachs projects 3M barrel-per-day oil glut in 2027

Goldman Sachs The Goldman Sachs Group, Inc. warned on Wednesday that a coming wave of oil supply will overwhelm global efforts to replenish depleted strategic reserves, projecting a surplus of more than 3 million barrels per day in 2027 once…

Oil set for steepest quarterly drop since 2020 pandemic

Oil prices fell on Tuesday and are set for their worst quarterly decline since the early days of the COVID-19 pandemic, driven by expectations that diplomacy between the United States and Iran could restore crude flows through the Strait of…

Morgan Stanley slashes oil forecast again as Hormuz flows rebound

Morgan Stanley slashed its Brent crude oil forecast for the second time in roughly two weeks, lowering its third-quarter 2026 projection to $75 a barrel as tanker traffic through the Strait of Hormuz rebounds more quickly than analysts anticipated. The…

Morgan Stanley calls salt ‘the new oil’ as sodium-ion batteries rise

Morgan Stanley has declared the dawn of a "New Oil Age" — not for petroleum, but for salt. In a note to clients published in late June, analyst Jack Lu and his team forecast that sodium-ion batteries will surge from…

Morgan Stanley nearly doubles China humanoid robot forecast to 50,000 units

Morgan Stanley raised its 2026 China humanoid robot shipment forecast for the second time this year on Tuesday, now expecting 50,000 units to ship — nearly double its previous projection of 28,000. The revision reflects accelerating commercial deployment across Chinese…