2:22 PM · 19 April 2023

Morgan Stanley tumbles 4% despite good earnings report

Bank Morgan Stanley (MS.US) reported Q1'23 net income of $2.98 billion exceeding expectations but shares are tumble 5% before the market open because of weaker profits.

Revenues:  $14,52 bln USD vs $13,92 bln USD forecasts (Refinitiv)

Earnings per share (EPS):  $1.70 vs $1,62 forecasts (Refinitiv)

Net of interest expense was $14.52 bln above market consensus but equities trading income was below expectations $2,73 bln vs $2,86 bln. Fixed income revenue was  $2,58 bln, above $2,42 expectations. IIB revenue was  $1,25 bln also above  $1.12 bln expectations. The revenue from wealth management investment activity increased by 11% from a year ago.

Morgan Stanley (MS.US) on D1 interval. The premarket trading suggest that company shares will tumble below 23,6 Fibonacci retracement of the upward wave started in March 2020 and also below SMA200 (red line). The key support may be 38,2 Fibonacci level at 78 USD zone. Source: xStation5

12 June 2026, 5:02 PM

📈 SpaceX shares surge 20%

12 June 2026, 4:13 PM

Wall Street Rebounds as Oil Prices Fall 📈 Adobe Shares Drop 8% After Earnings

12 June 2026, 3:20 PM

All eyes on SpaceX: Where will the stock open?

12 June 2026, 12:41 PM

French luxury companies and banks gain as the inflation rises

The financial instruments we offer, especially CFDs, can be highly risky. Fractional Shares (FS) is an acquired from XTB fiduciary right to fractional parts of stocks and ETFs. FS are not a separate financial instrument. The limited corporate rights are associated with FS.
This page was not created for investors residing in Brazil. This brokerage is not authorized by the Comissão de Valores Mobiliários (CVM) or the Brazilian Central Bank (BCB). The content of this page should not be characterized as an investment offer in Brazil or for investors residing in that country.
Losses can exceed deposits