Morgan Stanley

Here’s Why Rivian Can Successfully ‘Challenge’ Tesla, According To These Major Firms

Topline A host of Wall Street’s biggest banks remain bullish on electric vehicle maker Rivian, predicting that the company can still become Tesla’s next big competitor, despite the stock’s massive run up since its blockbuster IPO in early November. Rivian founder RJ Scaringe. Jamel Toppin/The Forbes Collection Key Facts A handful of major firms initiated …

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Here Are Morgan Stanley’s Top Stock Picks For Investing In The Metaverse

Topline Ever since Facebook’s recent name change and new focus on the ‘metaverse,’ there has been massive interest in the concept of a virtual world which could replace today’s internet—and that means a massive new opportunity for investors, according to Morgan Stanley. Morgan Stanley sees the metaverse as a massive $8 trillion market opportunity. Tony …

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Why Citi is the latest Wall Street giant to back the new MEMX stock exchange, launching this fall

The Members Exchange has a new member in its ranks. The upstart stock exchange, founded and backed by many of Wall Street’s biggest financial firms, has added Citigroup to its group of investors, it announced Thursday. The Members Exchange, also known as MEMX, is slated to launch Sept. 4 and aims to shake up the …

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