Why Morgan Stanley is this analyst's top banking pick

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Bank of America (BAC) and Morgan Stanley (MS) both reported their second quarter results with shares of Bank of America moving to the upside in pre-market trading as it expects net interest income to rise in the fourth quarter. Shares of Morgan Stanley are falling in pre-market trading on Tuesday as the firm's wealth management net revenue missed estimates by $70 million. The Morning Brief anchors Brad Smith and Seana Smith break down the latest earnings figures for these major banks and what it could mean for their stocks moving forward. #stockmarket #stocks #youtube About Yahoo Finance: Yahoo Finance provides free stock ticker data, up-to-date news, portfolio management resources, comprehensive market data, advanced tools, and more information to help you manage your financial life. - Get the latest news and data at finance.yahoo.com - Download the Yahoo Finance app on Apple (https://apple.co/3Rten0R) or Android (https://bit.ly/3t8UnXO) - Follow Yahoo Finance on social: X: http://twitter.com/YahooFinance Instagram: https://www.instagram.com/yahoofinance/?hl=en TikTok: https://www.tiktok.com/@yahoofinance?lang=en Facebook: https://www.facebook.com/yahoofinance/ LinkedIn: https://www.linkedin.com/company/yahoo-finance

Published 2024-07-16 · Watch on YouTube ↗
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