The Latest Breaking News from Morgan Stanley

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Someone with a lot of money to spend has taken a bearish stance on Morgan Stanley (NYSE:MS). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

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Salesforce, Inc (NYSE:CRM) clocked 22% revenue growth to $7.72 billion in Q2, beating consensus. The EPS of $1.19 topped the consensus.  The board approved a buyback of up to $10 billion.  The Q3 and FY guidance were below the consensus. Mizuho analyst Gregg Moskowitz reiterated a Buy and cut the price target from $245 to $235.…

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The second-quarter reporting season is winding down at the end of this week. Earnings growth of S&P 500 companies slowed to a mid-single-digit range, but this shouldn’t come as a surprise, given the multiple headwinds companies faced during the quarter.

Kohl's Corporation (NYSE: KSS) shares are down 4% on Friday after the company cut its guidance and said inflation is eating into its sales growth.

German chancellor Olaf Scholz faces lawmakers' questions this week over his role in tackling a multibillion-euro tax fraud as a sprawling probe into the scheme threatens to undermine him as he grapples with an energy crisis and the fallout of war.