DeCo42
voted
Hey, mooers!
Welcome back to Monthly Buzz!
As the month began, markets continued to be optimistic as inflation turned out to be better than expected. Equity markets continued to rise, led by the small-cap Russell 2000 Index. At the same time, the Nasdaq 100 underwent a special adjustment to address its weighting.
Later in the month, the Federal Reserve raised interest rates by another 25 basis points, leaving the door open for another rate hike....
Welcome back to Monthly Buzz!
As the month began, markets continued to be optimistic as inflation turned out to be better than expected. Equity markets continued to rise, led by the small-cap Russell 2000 Index. At the same time, the Nasdaq 100 underwent a special adjustment to address its weighting.
Later in the month, the Federal Reserve raised interest rates by another 25 basis points, leaving the door open for another rate hike....
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DeCo42
voted
$Morgan Stanley(MS.US$'s results might surprise some investors.
They reported a lower net income, even though revenue was up marginally.
However, that was not much of a concern it seems as share price rallied after results were out.
So why did that happen? And what else should investors take note of?
1. Higher compensation expenses drove down net income
The Firm recorded severance costs of USD 308 million in the second quarter of 2023, associated...
They reported a lower net income, even though revenue was up marginally.
However, that was not much of a concern it seems as share price rallied after results were out.
So why did that happen? And what else should investors take note of?
1. Higher compensation expenses drove down net income
The Firm recorded severance costs of USD 308 million in the second quarter of 2023, associated...
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DeCo42 : Looks good!